ATHOLL HOMES (SCOTLAND) LTD.

🌳Matureactive
SC415254 · ltd · incorporated 2012-01-23
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 10.7y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£127.3k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pursue
Asset-holding vehicle with a 78-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (78/100, director aged 78). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 10.7y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 10.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 7 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £127,348

Key financials

2 years extracted from filed iXBRL accounts
Cash
£228k
Net Worth
£127k
↑ 139% YoY
Current Assets
£3.9m
↑ 23% YoY
Current Liabilities
£0£788k£1.6m£2.4m£3.2m£3.9mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£139.5k£65.2k
Current assets£3.94M£3.21M
Cash£227.6k
Debtors£3.71M
Net assets£127.3k£53.4k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-12-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-09-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2022-08-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2021-09-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2020-12-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2020-11-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2020-11-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2020-11-04
    🔓
    Charge satisfied #2
  11. 2020-11-04
    🔓
    Charge satisfied #1
  12. 2019-09-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2018-09-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2018-08-30
    BAIRD, Jacqueline Margaret resigned
    director
  15. 2018-08-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2017-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2017-07-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  18. 2016-09-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2015-08-06
    🔒
    Charge registered #2
    Lender: Bridging Loans Limited
  20. 2015-07-28
    🔒
    Charge registered #1
    Lender: Bridging Loans Limited
  21. 2013-08-01
    BAIRD, Jacqueline Margaret appointed
    director
  22. 2013-01-31
    BAIRD, Jacqueline Margaret resigned
    director
  23. 2012-12-01
    RITCHIE, James Howe appointed
    director
  24. 2012-12-01
    RITCHIE, Norman Steven appointed
    director
  25. 2012-12-01
    BAIRD, Jacqueline Margaret appointed
    director
  26. 2012-12-01
    CORDERY, Julian Mark resigned
    director
  27. 2012-01-23
    🏢
    Company incorporated
    As ATHOLL HOMES (SCOTLAND) LTD.
  28. 2012-01-23
    TRAINER, Peter appointed
    secretary
  29. 2012-01-23
    TRAINER, Peter resigned
    secretary
  30. 2012-01-23
    CORDERY, Julian Mark appointed
    director
  31. 2012-01-23
    MCINTOSH, Susan appointed
    director
  32. 2012-01-23
    MCINTOSH, Susan resigned
    director
  33. 2012-01-23
    TRAINER, Peter appointed
    director
  34. 2012-01-23
    TRAINER, Peter resigned
    director

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 78 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 70+: Senior director is approximately 78 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 13 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

Ritchie Brothers (Holdings) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Ritchie Brothers (Holdings) Ltd
Corporate parent · holds 75-100% shares
ultimate parent
ATHOLL HOMES (SCOTLAND) LTD.
This company · SC415254

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ritchie Brothers (Holdings) Ltd
Corporate entity
75100%
75-100% shares06/04/2016

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

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

Statusactive
Typeltd
Incorporated2012-01-23
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.

Registered office

97 Clydesdale Street
Motherwell
ML1 4JQ
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-30
Last: 2025-09-16

Officers (2 active · 6 resigned)

RITCHIE, James Howe
director · ~78y · appointed 2012-12-01
View their other companies + combined net worth →
Active
RITCHIE, Norman Steven
director · ~51y · appointed 2012-12-01
View their other companies + combined net worth →
Active
TRAINER, Peter
secretary · appointed 2012-01-23 · resigned 2012-01-23
Resigned
BAIRD, Jacqueline Margaret
director · ~54y · appointed 2013-08-01 · resigned 2018-08-30
Resigned
BAIRD, Jacqueline Margaret
director · ~54y · appointed 2012-12-01 · resigned 2013-01-31
Resigned
CORDERY, Julian Mark
director · ~54y · appointed 2012-01-23 · resigned 2012-12-01
Resigned
MCINTOSH, Susan
director · ~56y · appointed 2012-01-23 · resigned 2012-01-23
Resigned
TRAINER, Peter
director · ~74y · appointed 2012-01-23 · resigned 2012-01-23
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Bridging Loans
Bridging Loans Limited
A registered charge1 property06/08/201504/11/2020
satisfied
Bridging Loans
Bridging Loans Limited
A registered charge28/07/201504/11/2020

Recent filings (56 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-09-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-12-31
mortgage-satisfy-charge-full
mortgage · MR04
2020-11-04
mortgage-satisfy-charge-full
mortgage · MR04
2020-11-04