HUB NORTH SCOTLAND LIMITED

🌳Matureactive
SC390666 · ltd · incorporated 2010-12-21
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 41201Construction of commercial buildings
Investor take
Pursue
Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 74/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 67). 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

8 live charges · 3 lenders · oldest 14.1y

35/100
too messy

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

  • · Oldest live charge is 14.1 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 38/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (62/100)

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

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
40 officers (9 active, 40 linked, 38 with DOB)
89
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
29 connected companies via shared directors
90
Filing history
134 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
2
filings
  • • 2 officers
Last 90 days
2
filings
  • • 2 officers
Last 180 days
4
filings
  • • 3 officers
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (106 events)Click to expand
  1. 2026-04-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2026-04-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-03-31
    ➕
    MCVICAR, Euan Forbes appointed
    director
  4. 2026-03-31
    ➖
    GEMMELL, Nial Watson resigned
    director
  5. 2025-12-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-10-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-10-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-10-02
    ➕
    CUNNINGHAM, Kevin Alistair appointed
    director
  9. 2025-10-02
    ➖
    PEARCE, Glenn Sinclair resigned
    director
  10. 2025-06-26
    📄
    accounts-with-accounts-type-group
    accounts · AA
  11. 2025-06-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2025-05-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2025-05-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2024-12-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2024-11-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2024-11-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2024-11-08
    ➖
    O'BRIEN, Kirsty resigned
    director
  18. 2024-11-08
    ➕
    PEARCE, Glenn Sinclair appointed
    director
  19. 2024-07-02
    📄
    accounts-with-accounts-type-group
    accounts · AA
  20. 2024-03-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2024-03-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2024-03-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  23. 2024-03-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  24. 2024-03-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  25. 2024-02-29
    ➖
    MACDONALD, David resigned
    director
  26. 2024-02-26
    ➕
    WILSON, Alan Patrick appointed
    director
  27. 2024-02-26
    ➖
    WHYTE, Steven John resigned
    director
  28. 2023-06-21
    📄
    accounts-with-accounts-type-group
    accounts · AA
  29. 2023-05-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  30. 2023-05-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  31. 2023-05-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  32. 2023-05-18
    🔓
    Charge satisfied #7
  33. 2023-05-18
    🔓
    Charge satisfied #6
  34. 2023-05-18
    🔓
    Charge satisfied #5
  35. 2023-01-16
    ➕
    WOOD, Alan William appointed
    director
  36. 2022-12-22
    ➕
    SMALL, Stewart William appointed
    director
  37. 2022-12-22
    ➖
    DUCK, Andrew Neil resigned
    director
  38. 2022-11-28
    ➖
    JOHNSON, Richard resigned
    director
  39. 2019-12-02
    ➖
    RICHMOND, Kevin Andrew resigned
    director
  40. 2019-06-21
    ➕
    WHYTE, Steven John appointed
    director
  41. 2019-06-21
    ➖
    YULE, Derek Swinton resigned
    director
  42. 2019-04-11
    ➕
    FELTON, Michael David appointed
    director
  43. 2019-04-11
    ➕
    DUCK, Andrew Neil appointed
    director
  44. 2019-04-11
    ➖
    MACKINLAY, Gavin William resigned
    director
  45. 2019-04-11
    ➕
    O'BRIEN, Kirsty appointed
    director
  46. 2019-04-11
    ➖
    O'BRIEN, Kirsty resigned
    director
  47. 2018-03-05
    ➖
    BAXTER, Mark resigned
    director
  48. 2017-11-16
    ➕
    GEMMELL, Nial Watson appointed
    director
  49. 2017-07-31
    ➖
    HOPE, John Alexander resigned
    director
  50. 2017-03-24
    ➕
    JOHNSON, Richard appointed
    director
Showing most recent 50 of 106 events

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -8 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: GEMMELL, Nial Watson resigned 2026-03-31; PEARCE, Glenn Sinclair resigned 2025-10-02

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

2 corporate shareholders identified. Group structure is distributed.

🏛️
Scottish Futures Trust Limited
Corporate parent
🏛️
Acp: North Hub Limited
Corporate parent · holds 50-75% shares · board control
majority
⬇
HUB NORTH SCOTLAND LIMITED
This company · SC390666

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Acp: North Hub Limited
Corporate entity
50–75%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016
Scottish Futures Trust Limited
Corporate entity
——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 →

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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
Incorporated2010-12-21
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

2nd Floor 2 Lochside View
Edinburgh
EH12 9DH
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-26
Last: 2025-12-12

Officers (9 active · 31 resigned)

ACP:NORTH HUB LIMITED→
corporate-secretary · appointed 2011-01-02
View their other companies + combined net worth →
Active
CUNNINGHAM, Kevin Alistair→
director · ~44y · appointed 2025-10-02
View their other companies + combined net worth →
Active
FELTON, Michael David→
director · ~62y · appointed 2019-04-11
View their other companies + combined net worth →
Active
MCGIRK, Paul James→
director · ~67y · appointed 2014-09-25
View their other companies + combined net worth →
Active
MCVEY, Philip→
director · ~66y · appointed 2016-06-21
View their other companies + combined net worth →
Active
MCVICAR, Euan Forbes→
director · ~54y · appointed 2026-03-31
View their other companies + combined net worth →
Active
SMALL, Stewart William→
director · ~51y · appointed 2022-12-22
View their other companies + combined net worth →
Active
WILSON, Alan Patrick→
director · ~54y · appointed 2024-02-26
View their other companies + combined net worth →
Active
WOOD, Alan William→
director · ~57y · appointed 2023-01-16
View their other companies + combined net worth →
Active
PINSENT MASONS SECRETARIAL LIMITED→
corporate-secretary · appointed 2010-12-21 · resigned 2011-01-28
Resigned
BARRON, Stephen Leask→
director · ~68y · appointed 2012-08-03 · resigned 2013-10-09
Resigned
BAXTER, Mark→
director · ~54y · appointed 2014-08-21 · resigned 2018-03-05
Resigned
BAXTER, Mark→
director · ~54y · appointed 2011-01-28 · resigned 2014-01-31
Resigned
BRUCE, Andrew David→
director · ~54y · appointed 2011-01-28 · resigned 2016-02-01
Resigned
COOPER, Martin→
director · ~55y · appointed 2014-01-31 · resigned 2014-08-21
Resigned
CROSSLEY, Hugh Barnabas→
director · ~53y · appointed 2014-01-21 · resigned 2014-09-25
Resigned
DE LA MOTTE, Tom→
director · ~56y · appointed 2012-08-03 · resigned 2014-09-25
Resigned
DONALD, Gerald Francis→
director · ~66y · appointed 2011-01-28 · resigned 2016-11-21
Resigned
DUCK, Andrew Neil→
director · ~51y · appointed 2019-04-11 · resigned 2022-12-22
Resigned
FELTON, Michael David→
director · ~62y · appointed 2011-01-28 · resigned 2014-01-21
Resigned

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

Mortgages & charges

8
Total charges
4
Outstanding
2
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
satisfied
Aviva Public Private Finance as Security Trustee for Each of the Finance Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01).
Aviva Public Private Finance Limited as Security Trustee for Each of the Finance Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01).
A registered charge—19/12/201430/09/2016
satisfied
Aviva Public Private Finance
Aviva Public Private Finance Limited
A registered charge1 property19/12/201418/05/2023
satisfied
Aviva Public Private Finance
Aviva Public Private Finance Limited
A registered charge—19/12/201418/05/2023
satisfied
Aviva Public Private Finance
Aviva Public Private Finance Limited
A registered charge—19/12/201418/05/2023
outstanding
Aviva Public Private Finance as Security Trustee for Each of the Finance Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
Aviva Public Private Finance Limited as Security Trustee for Each of the Finance Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
A registered charge—02/06/2014—
outstanding
Aviva Public Private Finance as Security Trustee for Each of the Finance Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
Aviva Public Private Finance Limited as Security Trustee for Each of the Finance Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
A registered charge1 property31/05/2013—
outstanding
Aviva Public Private Finance as Security Trustee for Each of the Finance Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
Aviva Public Private Finance Limited as Security Trustee for Each of the Finance Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
A registered charge1 property17/04/2013—
outstanding
Aviva Public Private Finance
Aviva Public Private Finance Limited
Share pledge1 property30/03/2012—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (134 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-04-17
termination-director-company-with-name-termination-date
officers · TM01
2026-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-12
change-person-director-company-with-change-date
officers · CH01
2025-12-03
termination-director-company-with-name-termination-date
officers · TM01
2025-10-14
appoint-person-director-company-with-name-date
officers · AP01
2025-10-14
accounts-with-accounts-type-group
accounts · AA
2025-06-26
change-person-director-company-with-change-date
officers · CH01
2025-06-06
change-person-director-company-with-change-date
officers · CH01
2025-05-29
change-person-director-company-with-change-date
officers · CH01
2025-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-17
change-person-director-company-with-change-date
officers · CH01
2024-12-04
appoint-person-director-company-with-name-date
officers · AP01
2024-11-21
termination-director-company-with-name-termination-date
officers · TM01
2024-11-18
accounts-with-accounts-type-group
accounts · AA
2024-07-02