GLASGOW WATERLOO STREET HOTEL (TRADING) LIMITED

⚰️Wound downdissolved
SC363249 · ltd · incorporated 2009-07-29
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
63/100
Worth a look
🔔
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What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 72/100. Strong seller-intent signal (75/100, director aged 64). Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 16.1y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 16.1 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (61/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2021-10-26
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2021-10-26
    🏁
    Company dissolved
  3. 2021-08-10
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2021-08-03
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2021-03-24
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  6. 2020-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-07-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2018-10-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2018-10-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2018-10-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2018-10-02
    🔓
    Charge satisfied #3
  12. 2018-10-02
    🔓
    Charge satisfied #2
  13. 2018-10-02
    🔓
    Charge satisfied #1
  14. 2018-08-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2018-08-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  16. 2018-03-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2017-07-25
    📄
    accounts-with-accounts-type-small
    accounts · AA
  18. 2016-07-21
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2015-08-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2015-07-31
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  21. 2015-03-13
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  22. 2014-09-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  23. 2014-08-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  24. 2014-08-07
    MAVEN CAPITAL PARTNERS UK LLP appointed
    corporate-secretary
  25. 2014-08-06
    HMS SECRETARIES LIMITED resigned
    corporate-secretary
  26. 2014-04-25
    COLLIS, Michael Christopher appointed
    director
  27. 2014-04-25
    🔒
    Charge registered #3
    Lender: Alexander Bruce Masson
  28. 2014-04-25
    🔒
    Charge registered #2
    Lender: Maven Capital Partners UK LLP
  29. 2013-02-07
    LIVINGSTON, James Fraser resigned
    director
  30. 2012-01-31
    KEARNEY, Douglas Richard resigned
    director
  31. 2010-03-31
    🔒
    Charge registered #1
    Lender: Co-Operative Bank PLC
  32. 2009-08-07
    DUFF, George Ramsay appointed
    director
  33. 2009-08-07
    KEARNEY, Douglas Richard appointed
    director
  34. 2009-08-07
    LIVINGSTON, James Fraser appointed
    director
  35. 2009-08-07
    MUNRO, Donald John resigned
    director
  36. 2009-08-07
    HMS DIRECTORS LIMITED resigned
    corporate-director
  37. 2009-07-29
    🏢
    Company incorporated
    As GLASGOW WATERLOO STREET HOTEL (TRADING) LIMITED
  38. 2009-07-29
    HMS SECRETARIES LIMITED appointed
    corporate-secretary
  39. 2009-07-29
    MUNRO, Donald John appointed
    director
  40. 2009-07-29
    HMS DIRECTORS LIMITED appointed
    corporate-director

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2021-10-26

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Hdf General Partners Ii Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Hdf General Partners Ii Limited
Corporate parent
GLASGOW WATERLOO STREET HOTEL (TRADING) LIMITED
This company · SC363249

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Hdf General Partners Ii Limited
Corporate entity
sig. influencesignificant influence01/08/2018
1 historic (ceased) PSC
  • Hdf General Partner Ii Limitedceased 01/08/2018· 75-100% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusdissolved
Typeltd
Incorporated2009-07-29
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation

Registered office

Kintyre House
205 West George Street
Glasgow
G2 2LW

Filing status

Accounts
Next due:
Last made up to: 2019-10-31
Confirmation statement
Next due:
Last:

Officers (0 active · 5 resigned)

MAVEN CAPITAL PARTNERS UK LLP
corporate-secretary · appointed 2014-08-07
View their other companies + combined net worth →
Active
COLLIS, Michael Christopher
director · ~61y · appointed 2014-04-25
View their other companies + combined net worth →
Active
DUFF, George Ramsay
director · ~64y · appointed 2009-08-07
View their other companies + combined net worth →
Active
HMS SECRETARIES LIMITED
corporate-secretary · appointed 2009-07-29 · resigned 2014-08-06
Resigned
KEARNEY, Douglas Richard
director · ~71y · appointed 2009-08-07 · resigned 2012-01-31
Resigned
LIVINGSTON, James Fraser
director · ~79y · appointed 2009-08-07 · resigned 2013-02-07
Resigned
MUNRO, Donald John
director · ~55y · appointed 2009-07-29 · resigned 2009-08-07
Resigned
HMS DIRECTORS LIMITED
corporate-director · appointed 2009-07-29 · resigned 2009-08-07
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Alexander Bruce Masson
A registered charge25/04/201402/10/2018
satisfied
Maven Capital Partners UK
Maven Capital Partners UK LLP
A registered charge25/04/201402/10/2018
satisfied
Co-operative Bank
Co-Operative Bank PLC
Floating charge1 property31/03/201002/10/2018

Recent filings (59 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2021-10-26
gazette-notice-voluntary
gazette · GAZ1(A)
2021-08-10
dissolution-application-strike-off-company
dissolution · DS01
2021-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-29
change-corporate-secretary-company-with-change-date
officers · CH04
2021-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-23
accounts-with-accounts-type-small
accounts · AA
2019-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-29
mortgage-satisfy-charge-full
mortgage · MR04
2018-10-02
mortgage-satisfy-charge-full
mortgage · MR04
2018-10-02
mortgage-satisfy-charge-full
mortgage · MR04
2018-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-08-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2018-08-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2018-08-01