HUB NORTH SCOTLAND (ALFORD) LIMITED

🌳Matureactive

SC462876 · ltd · incorporated 2013-11-01

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.

Why now

Window steady · medium confidence

Mixed signals — 1 changes over 90 days, no clear direction yet.

· Hygiene score: 85 → 75

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 12.1y old — refinance window within 12 months

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

Picture worsened over the last 90 days — 1 negative signal vs 0 positive.

↓Hygiene score: 85 → 75

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

73/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

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 66-year-old founder — textbook succession opportunity.

Opportunity 73/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

7 live charges · 2 lenders · oldest 12.1y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 12.1 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 28/100 — 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

Lenders & charges

7 charges (7/7 with lender, 7/7 with type)

Directors & officers

34 officers (9 active, 34 linked, 34 with DOB)

Ownership & PSC

3 active PSC(s) of 4 total, 4 with control declared

Director network

23 connected companies via shared directors

Filing history

105 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

73/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filing

• 1 accounts

Last 90 days

filings

• 3 officers
• 1 accounts
• 1 confirmation-statement

Last 180 days

filings

• 5 officers
• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (89 events)Click to expand

2026-06-26
📄
accounts-with-accounts-type-small
accounts · AA
2026-05-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-05-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-05-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-04-27
➕
STAFFORD, Ian Charles appointed
director
2026-04-27
➕
TAIT, Alison Jane appointed
director
2026-04-27
➖
MCGIRK, Paul James resigned
director
2026-04-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-04-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-31
➕
MCVICAR, Euan Forbes appointed
director
2026-03-31
➖
GEMMELL, Nial Watson resigned
director
2025-12-03
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-10-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-10-02
➕
CUNNINGHAM, Kevin Alistair appointed
director
2025-10-02
➖
PEARCE, Glenn Sinclair resigned
director
2025-06-26
📄
accounts-with-accounts-type-small
accounts · AA
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
📄
change-person-director-company-with-change-date
officers · CH01
2024-12-03
📄
change-person-director-company-with-change-date
officers · CH01
2024-11-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-11-08
➖
O'BRIEN, Kirsty resigned
director
2024-11-08
➕
PEARCE, Glenn Sinclair appointed
director
2024-06-27
📄
accounts-with-accounts-type-small
accounts · AA
2024-05-09
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-30
🔒
Charge registered #7
Lender: Aviva Public Private Finance Limited (As Security Trustee)
2024-04-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-04-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-03-18
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-02-29
➖
MACDONALD, David resigned
director
2024-02-26
➕
WILSON, Alan Patrick appointed
director
2024-02-26
➖
WHYTE, Steven John resigned
director
2023-01-16
➕
WOOD, Alan William appointed
director
2022-12-22
➕
SMALL, Stewart William appointed
director
2022-12-22
➖
DUCK, Andrew Neil resigned
director
2022-11-28
➖
JOHNSON, Richard resigned
director
2021-10-22
🔒
Charge registered #6
Lender: 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)
2019-06-21
➕
WHYTE, Steven John appointed
director
2019-06-21
➖
YULE, Derek Swinton resigned
director
2019-04-11
➕
FELTON, Michael David appointed
director
2019-04-11
➕
DUCK, Andrew Neil appointed
director
2019-04-11
➖
MACKINLAY, Gavin William resigned
director
2019-04-11
➕
O'BRIEN, Kirsty appointed
director
2019-04-11
➖
O'BRIEN, Kirsty resigned
director
2018-03-05
➖
BAXTER, Mark resigned
director
2017-11-16
➕
GEMMELL, Nial Watson appointed
director
2017-07-31
➖
HOPE, John resigned
director

Showing most recent 50 of 89 events

Owner dependency

55/100

Moderate — manageable with handover

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

FACTORS

-9 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 66 — 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 66. 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

1 med · 1 low

3 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; MCGIRK, Paul James resigned 2026-04-27; PEARCE, Glenn Sinclair resigned 2025-10-02

7 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

3 corporate shareholders identified. Group structure is distributed.

🏛️

Scottish Futures Trust Limited

Corporate parent

🏛️

Hub North Scotland Limited

Corporate parent · holds 75-100% shares

ultimate parent

🏛️

Acp: North Hub Limited

Corporate parent · board control

⬇

HUB NORTH SCOTLAND (ALFORD) LIMITED

This company · SC462876

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%

Name	Shares	Voting rights	Nature of control	Notified
Hub North Scotland Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016
Scottish Futures Trust Limited Corporate entity	—	—	sig. influencesignificant influence	06/04/2016
Acp: North Hub Limited Corporate entity	—	—	board controlboard control	06/04/2016

1 historic (ceased) PSC

Aviva Public Private Finance Limitedceased 02/06/2016· 75-100% shares · 75-100% voting · board control

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.

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Company details

Statusactive

Typeltd

Incorporated2013-11-01

Jurisdictionscotland

Primary SIC41100 — Development of building projects

Registered office

2nd Floor 2 Lochside View

Edinburgh

EH12 9DH

Scotland

Filing status

Accounts

Next due: 2027-09-30

Last made up to: 2025-12-31

Confirmation statement

Next due: 2027-07-04

Last: 2026-06-20