COMMERCIAL HOTEL (THURSO) LTD
🌳Matureactive
SC397127 · ltd · incorporated 2011-04-06
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 Aug 2024
Net worth
£602.3k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: active trading company with exceptional profile and bankable structure.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -36% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 9.4y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (80/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
37 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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £602,296
Cash YoY
-36%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£227k
↓ 36% YoY
Net Worth
£602k
↑ 14% YoY
Current Assets
£357k
↓ 23% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £636.9k | £576.8k |
| Current assets | £356.9k | £463.7k |
| Cash | £226.7k | £351.5k |
| Debtors | £97.8k | £82.6k |
| Net assets | £602.3k | £527.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-04-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-09-22📄capital-return-purchase-own-sharescapital · SH03
- 2017-08-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-05-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-12-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-12-01➕YOUNGSON, Jordan James Walker appointeddirector
- 2016-11-29🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2016-08-04➖MACKAY, Julie Anne resigneddirector
- 2011-04-06🏢Company incorporatedAs COMMERCIAL HOTEL (THURSO) LTD
- 2011-04-06➕YOUNGSON, Scott Walker appointeddirector
- 2011-04-06➕MACKAY, Julie Anne appointeddirector
Owner dependency
84/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
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 15 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 15 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Scott Walker Youngson Individual · Scottish · DOB 08/1968 · age 58 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 31/03/2017 |
1 historic (ceased) PSC
- Mrs Julie Anne Mackayceased 01/08/2017· significant influence
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 · KW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 59DN LIMITED→ SC790959 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A. M. HARPER→ SC448335 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ABB HOSPITALITY LTD→ SC880854 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ACHVARASDAL LODGES LTD→ SC805700 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AMAKIM LTD→ SC809500 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ANNAPURNA HOSPITALITY LIMITED→ SC881663 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AYRE HOTEL (KIRKWALL) LIMITED→ SC199961 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| CAITHNESS PROPERTIES LTD→ SC857545 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CAPILLA TAPAS LIMITED→ SC858254 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CLYNE TRADING LTD→ SC844785 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| DEOVOLENTE HOSPITALITY LTD→ SC692492 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| DERYA'S CAFE LIMITED→ SC668669 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2011-04-06
Jurisdictionscotland
Primary SIC56302 — Public houses and bars
Registered office
1 Princes Street
Thurso
Caithness
KW14 7BQ
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-04-20
Last: 2026-04-06
Officers (2 active · 1 resigned)
YOUNGSON, Jordan James Walker→
Activedirector · ~32y · appointed 2016-12-01
View their other companies + combined net worth →
YOUNGSON, Scott Walker→
Activedirector · ~58y · appointed 2011-04-06
View their other companies + combined net worth →
MACKAY, Julie Anne→
Resigneddirector · ~59y · appointed 2011-04-06 · resigned 2016-08-04
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 29/11/2016 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (37 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-16