ANGELS WITH BAGPIPES LIMITED

🌳Matureactive
SC363262 · ltd · incorporated 2009-07-29
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pursue
Active trading company with a 70-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 70). Share purchase looks the cleaner deal structure. 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 15.8y

35/100
too messy

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

  • · Oldest live charge is 15.8 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 6 with DOB)
85
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
66 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Average employees282400

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2026-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-07-02
    ➕
    SMITH, Fraser Cairns appointed
    director
  4. 2024-07-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2024-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-02-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  7. 2024-02-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-07-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-07-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  10. 2023-07-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2023-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-01-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-12-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2020-12-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2020-12-17
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  16. 2020-11-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-11-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2012-03-30
    ➖
    CROLLA, Marina Gloria resigned
    secretary
  20. 2012-03-30
    ➖
    CROLLA, Marina Gloria resigned
    director
  21. 2012-02-16
    ➕
    HAMILTON, Mark appointed
    director
  22. 2010-06-25
    🔒
    Charge registered #3
    Lender: Royal Bank of Scotland PLC
  23. 2010-06-21
    ➕
    HAMILTON, Sylvia Catherine appointed
    director
  24. 2010-06-21
    🔒
    Charge registered #2
    Lender: Ceithir LLP
  25. 2010-06-21
    🔒
    Charge registered #1
    Lender: Sylvia Catherine Hamilton
  26. 2009-08-07
    ➕
    CROLLA, Marina Gloria appointed
    secretary
  27. 2009-08-07
    ➕
    CROLLA, Marina Gloria appointed
    director
  28. 2009-07-29
    🏢
    Company incorporated
    As ANGELS WITH BAGPIPES LIMITED
  29. 2009-07-29
    ➕
    TRAINER, Peter appointed
    nominee-secretary
  30. 2009-07-29
    ➖
    TRAINER, Peter resigned
    nominee-secretary
  31. 2009-07-29
    ➕
    MCINTOSH, Susan appointed
    director
  32. 2009-07-29
    ➖
    MCINTOSH, Susan resigned
    director
  33. 2009-07-29
    ➕
    TRAINER, Peter appointed
    nominee-director
  34. 2009-07-29
    ➖
    TRAINER, Peter resigned
    nominee-director

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

73/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 16 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Ceithir Llp is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Ceithir Llp
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
ANGELS WITH BAGPIPES LIMITED
This company · SC363262

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

Shareholders & ownership

3 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ceithir Llp
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
Mr Mark Hamilton
Individual · British · DOB 11/1956 · age 70
——sig. influencesignificant influence06/04/2016
Mrs Sylvia Catherine Hamilton
Individual · British · DOB 08/1961 · age 65
——sig. influencesignificant influence06/04/2016

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 →

Similar companies

Active · Hospitality · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ASHCOM INTERNATIONAL LIMITED→
SC311669 · est 2006 · no financials extracted
————19y——
ASRAA FAST FOOD LIMITED→
SC740270 · est 2022 · no financials extracted
————3y——
ATLANTICS APARTMENTS LTD→
SC757300 · est 2023 · no financials extracted
————3y——
ATLAS HOTELS (CAMBRIDGE) LIMITED→
SC237325 · est 2002 · no financials extracted
————23y——
ATLAS HOTELS (STIRLING) LIMITED→
SC156661 · est 1995 · no financials extracted
————31y——
ATRIUM STUDENT ACCOMMODATION LTD→
SC732320 · est 2022 · no financials extracted
————3y——
AUNTY D LTD→
SC796969 · est 2024 · no financials extracted
————2y——
AVAILABILITY SOLUTIONS LTD→
SC706678 · est 2021 · no financials extracted
————4y——
AY SCOTLAND LIMITED→
SC841672 · est 2025 · no financials extracted
————1y——
BACCO LIMITED→
SC620609 · est 2019 · no financials extracted
————7y——
BAGETTE EXPRESS BATHGATE LTD→
SC818774 · est 2024 · no financials extracted
————1y——
BALLARO 2 LTD→
SC862962 · est 2025 · no financials extracted
———————
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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

Statusactive
Typeltd
Incorporated2009-07-29
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants

Registered office

5 South Gyle Crescent Lane
Edinburgh
EH12 9EG
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-08-12
Last: 2025-07-29

Officers (3 active · 5 resigned)

HAMILTON, Mark→
director · ~70y · appointed 2012-02-16
View their other companies + combined net worth →
Active
HAMILTON, Sylvia Catherine→
director · ~65y · appointed 2010-06-21
View their other companies + combined net worth →
Active
SMITH, Fraser Cairns→
director · ~46y · appointed 2024-07-02
View their other companies + combined net worth →
Active
CROLLA, Marina Gloria→
secretary · appointed 2009-08-07 · resigned 2012-03-30
Resigned
TRAINER, Peter→
nominee-secretary · appointed 2009-07-29 · resigned 2009-07-29
Resigned
CROLLA, Marina Gloria→
director · ~65y · appointed 2009-08-07 · resigned 2012-03-30
Resigned
MCINTOSH, Susan→
director · ~56y · appointed 2009-07-29 · resigned 2009-07-29
Resigned
TRAINER, Peter→
nominee-director · ~74y · appointed 2009-07-29 · resigned 2009-07-29
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
3
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Floating charge1 property25/06/2010—
outstanding
Ceithir
Ceithir LLP
Floating charge1 property21/06/2010—
outstanding
Sylvia Catherine Hamilton
Floating charge1 property21/06/2010—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (66 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-27
appoint-person-director-company-with-name-date
officers · AP01
2024-07-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-02-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-01
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-07-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-27