HUB WEST SCOTLAND PROJECT COMPANY (NO.4) LIMITED

🌳Matureactive

SC497602 · ltd · incorporated 2015-02-12

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. 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

5 live charges · 3 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.
· 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, 1 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

5 charges (5/5 with lender, 5/5 with type)

Directors & officers

35 officers (5 active, 35 linked, 33 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

22 connected companies via shared directors

Filing history

116 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

75/100Strong

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

filings

Last 90 days

filings

• 1 confirmation-statement
• 1 officers

Last 180 days

filings

• 1 confirmation-statement
• 1 officers

Counts from Companies House filing history.

Corporate timeline (92 events)Click to expand

2026-02-10
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-13
📄
accounts-with-accounts-type-small
accounts · AA
2025-09-04
📄
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
2025-07-29
📄
change-person-director-company-with-change-date
officers · CH01
2025-04-01
➕
SMALL, Stewart William appointed
director
2025-04-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-10-29
📄
accounts-with-accounts-type-small
accounts · AA
2024-09-23
➕
LYNN, Michelle appointed
director
2024-09-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-08-21
➖
JARDINE, Craig William resigned
director
2024-08-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-03-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-03-05
➕
HANN, Ruth Mairi appointed
director
2024-03-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-03-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-03-01
➕
NICOL, Alastair William appointed
director
2024-02-29
➖
GEMMELL, Nial Watson resigned
director
2024-01-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-11-30
➖
SHIRREFF, Gordon James resigned
director
2023-09-22
📄
accounts-with-accounts-type-small
accounts · AA
2023-07-25
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-07-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-07-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-07-01
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2023-06-20
➕
LLOYD, James Thomas appointed
director
2023-06-20
➖
SHERIDAN, Clare resigned
secretary
2023-06-20
➖
DIXON, Richard John resigned
director
2023-06-20
➖
TAILOR, Bina resigned
director
2023-02-17
📄
change-person-director-company-with-change-date
officers · CH01
2022-11-10
📄
change-person-director-company-with-change-date
officers · CH01
2022-04-28
➕
JARDINE, Craig William appointed
director
2021-12-31
➖
JARDINE, Craig William resigned
director
2021-12-31
➖
WEST, Stephen Campbell resigned
director
2020-11-30
➖
OTTI, Henry resigned
director
2020-11-30
➕
TAILOR, Bina appointed
director
2020-11-13
➕
DIXON, Richard John appointed
director
2020-11-13
➖
LANE, David George resigned
director
2020-11-13
➖
TITMUS, Adam John resigned
director
2019-06-01
➖
ERLAM, Westley Alan resigned
director
2019-06-01
➕
OTTI, Henry appointed
director
2019-05-01
🔒
Charge registered #5
Lender: Aviva Public Private Finance Limited
2019-03-04
➖
SCENNA, Lisa resigned
director
2018-08-08
➖
POWELL, Andrew John resigned
director
2018-08-08
➕
TITMUS, Adam John appointed
director
2018-04-20
➕
ERLAM, Westley Alan appointed
director
2018-04-20
➖
MACDONALD, Andrew Edward Douglas resigned
director
2017-12-01
➕
GEMMELL, Nial Watson appointed
director
2017-11-15
➕
MACDONALD, Andrew Edward Douglas appointed
director

Showing most recent 50 of 92 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.4) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Hub West Scotland Holdco (No.4) Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

HUB WEST SCOTLAND PROJECT COMPANY (NO.4) LIMITED

This company · SC497602

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%

Name	Shares	Voting rights	Nature of control	Notified
Hub West Scotland Holdco (No.4) Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

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 →

Similar companies

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AOP ASSOCIATES LTD→ SC615117 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
APEX CONTRACTS LIMITED→ SC585880 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
APEX FIRE & SECURITY LIMITED→ SC350599 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
APOGEE DEMOLITION LTD→ SC874781 · est 2026 · no financials extracted	—	—	—	—	—	—	—
APW ELECTRICAL LTD→ SC878776 · est 2026 · no financials extracted	—	—	—	—	—	—	—
AQUARIUS THERMAL SYSTEMS LTD→ SC313788 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
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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.

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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.

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Company details

Statusactive

Typeltd

Incorporated2015-02-12

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: 2027-02-26

Last: 2026-02-12