HUB WEST SCOTLAND PROJECT COMPANY (NO.3) LIMITED

🌳Matureactive
SC497540 · ltd · incorporated 2015-02-11
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
75/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 57/100. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 10.1y

35/100
too messy

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

  • · Oldest live charge is 10.1 years old — likely at or near maturity.
  • · 4 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, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
34 officers (5 active, 34 linked, 32 with DOB)
89
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
21 connected companies via shared directors
90
Filing history
121 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (90 events)Click to expand
  1. 2026-02-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-10-13
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2025-09-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  4. 2025-09-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-04-01
    SMALL, Stewart William appointed
    director
  6. 2025-04-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2024-10-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2024-10-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-10-01
    STANNERS, Kirsty Anne appointed
    director
  10. 2024-09-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2024-08-01
    MCCROSSAN, Margaret Brown Porteous resigned
    director
  12. 2024-04-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2024-04-03
    DAWS, Philip Keith resigned
    director
  14. 2024-03-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2024-03-05
    HANN, Ruth Mairi appointed
    director
  16. 2024-03-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2024-03-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2024-03-01
    NICOL, Alastair William appointed
    director
  19. 2024-02-29
    GEMMELL, Nial Watson resigned
    director
  20. 2024-01-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2023-11-30
    SHIRREFF, Gordon James resigned
    director
  22. 2023-09-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  23. 2023-07-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  24. 2023-07-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  25. 2023-07-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  26. 2023-07-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  27. 2023-07-01
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  28. 2023-06-20
    LLOYD, James Thomas appointed
    director
  29. 2023-06-20
    SHERIDAN, Clare resigned
    secretary
  30. 2023-06-20
    DIXON, Richard John resigned
    director
  31. 2023-06-20
    TAILOR, Bina resigned
    director
  32. 2022-11-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  33. 2022-08-25
    📄
    accounts-with-accounts-type-small
    accounts · AA
  34. 2020-11-30
    OTTI, Henry resigned
    director
  35. 2020-11-30
    TAILOR, Bina appointed
    director
  36. 2020-11-13
    DIXON, Richard John appointed
    director
  37. 2020-11-13
    LANE, David George resigned
    director
  38. 2020-11-13
    TITMUS, Adam John resigned
    director
  39. 2019-06-01
    ERLAM, Westley Alan resigned
    director
  40. 2019-06-01
    OTTI, Henry appointed
    director
  41. 2019-05-01
    🔒
    Charge registered #5
    Lender: Aviva Public Private Finance Limited
  42. 2019-04-30
    DAWS, Philip Keith appointed
    director
  43. 2019-04-30
    O'KANE, Raymond resigned
    director
  44. 2019-03-04
    SCENNA, Lisa resigned
    director
  45. 2018-08-08
    POWELL, Andrew John resigned
    director
  46. 2018-08-08
    TITMUS, Adam John appointed
    director
  47. 2018-04-20
    ERLAM, Westley Alan appointed
    director
  48. 2018-04-20
    MACDONALD, Andrew Edward Douglas resigned
    director
  49. 2017-12-01
    GEMMELL, Nial Watson appointed
    director
  50. 2017-11-15
    MACDONALD, Andrew Edward Douglas appointed
    director
Showing most recent 50 of 90 events

Owner dependency

48/100
Moderate — manageable with handover

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

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.

Red flags

1 low
5 live charges
low

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

Group structure

Hub West Scotland Holdco (No.3) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Hub West Scotland Holdco (No.3) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
HUB WEST SCOTLAND PROJECT COMPANY (NO.3) LIMITED
This company · SC497540

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
Hub West Scotland Holdco (No.3) Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Aviva Public Private Finance Limited ceased 06/04/2016· 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

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
Incorporated2015-02-11
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

C/O Foresight Group Clarence House
131-135 George Street
Edinburgh
EH2 4JS
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-25
Last: 2026-02-11

Officers (5 active · 29 resigned)

HANN, Ruth Mairi
director · ~46y · appointed 2024-03-05
View their other companies + combined net worth →
Active
LLOYD, James Thomas
director · ~36y · appointed 2023-06-20
View their other companies + combined net worth →
Active
NICOL, Alastair William
director · ~61y · appointed 2024-03-01
View their other companies + combined net worth →
Active
SMALL, Stewart William
director · ~51y · appointed 2025-04-01
View their other companies + combined net worth →
Active
STANNERS, Kirsty Anne
director · ~45y · appointed 2024-10-01
View their other companies + combined net worth →
Active
SHERIDAN, Clare
secretary · appointed 2015-05-01 · resigned 2023-06-20
Resigned
ASSET MANAGEMENT SOLUTIONS LTD
corporate-secretary · appointed 2015-02-11 · resigned 2015-04-30
Resigned
BADHAM, Nigel Paul
director · ~64y · appointed 2016-07-01 · resigned 2017-10-31
Resigned
BADHAM, Nigel Paul
director · ~64y · appointed 2015-02-11 · resigned 2016-03-16
Resigned
CAMPBELL, Colin Malcolm
director · ~68y · appointed 2015-09-17 · resigned 2016-12-09
Resigned
CURRAN, Anthony
director · ~69y · appointed 2015-02-12 · resigned 2016-03-16
Resigned
DAWS, Philip Keith
director · ~58y · appointed 2019-04-30 · resigned 2024-04-03
Resigned
DIXON, Richard John
director · ~55y · appointed 2020-11-13 · resigned 2023-06-20
Resigned
DREW, Richard Stephen
director · ~66y · appointed 2015-02-12 · resigned 2016-03-16
Resigned
DRYBURGH, John William
director · ~62y · appointed 2015-02-11 · resigned 2016-03-16
Resigned
ERLAM, Westley Alan
director · ~49y · appointed 2018-04-20 · resigned 2019-06-01
Resigned
FARLEY, George Peter
director · ~60y · appointed 2015-02-11 · resigned 2016-09-13
Resigned
GEMMELL, Nial Watson
director · ~58y · appointed 2017-12-01 · resigned 2024-02-29
Resigned
GOURLAY, Alastair Graham
director · ~61y · appointed 2015-02-12 · resigned 2016-07-01
Resigned
HARROP, Benjamin James
director · ~52y · appointed 2015-02-12 · resigned 2016-03-16
Resigned

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

Mortgages & charges

5
Total charges
5
Outstanding
4
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Aviva Public Private Finance
Aviva Public Private Finance Limited
A registered charge01/05/2019
outstanding
Aviva Public Private Finance as Security Trustee (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
Aviva Public Private Finance Limited as Security Trustee (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
A registered charge23/03/2016
outstanding
Community Solutions Management Services (Hub)
Community Solutions Management Services (Hub) Limited
A registered charge21/03/2016
outstanding
Aviva Public Private Finance as Security Trustee (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
Aviva Public Private Finance Limited as Security Trustee (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
A registered charge21/03/2016
outstanding
Aviva Public Private Finance as Security Trustee (As Defined in the Instrument Evidencing the Charge Accompaying This Form MR01)
Aviva Public Private Finance Limited as Security Trustee (As Defined in the Instrument Evidencing the Charge Accompaying This Form MR01)
A registered charge21/03/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (121 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-25
change-person-director-company-with-change-date
officers · CH01
2026-02-10
accounts-with-accounts-type-small
accounts · AA
2025-10-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-09-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-04
appoint-person-director-company-with-name-date
officers · AP01
2025-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-25
accounts-with-accounts-type-small
accounts · AA
2024-10-29
appoint-person-director-company-with-name-date
officers · AP01
2024-10-07
termination-director-company-with-name-termination-date
officers · TM01
2024-09-12
termination-director-company-with-name-termination-date
officers · TM01
2024-04-10
termination-director-company-with-name-termination-date
officers · TM01
2024-03-07
appoint-person-director-company-with-name-date
officers · AP01
2024-03-05
appoint-person-director-company-with-name-date
officers · AP01
2024-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-26