HIGHLAND ASBESTOS SERVICES LTD

🌳Matureactive
SC511654 · ltd · incorporated 2015-07-27
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 Mar 2025
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: SIC 38120
Sector: Water supply & waste
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

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
Confirmed no charges registered
85
Directors & officers
9 officers (8 active, 9 linked, 9 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31

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

Recent activity

Last 30 days
8
filings
  • 6 officers
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Last 90 days
8
filings
  • 6 officers
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Last 180 days
9
filings
  • 6 officers
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-04-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2026-04-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-04-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2026-04-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2026-03-27
    MACGREGOR, Iain Ross appointed
    director
  6. 2026-03-27
    MACIVER, Roderick Cameron appointed
    director
  7. 2026-03-27
    MATHESON, Andrew Campbell appointed
    director
  8. 2026-03-27
    ROSS, James Cowie Archibald appointed
    director
  9. 2026-03-26
    MACKENZIE, Fraser appointed
    director
  10. 2026-03-26
    MACKENZIE, Fraser resigned
    director
  11. 2026-03-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2026-03-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2026-03-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  14. 2025-12-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2024-06-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2023-09-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2022-05-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2022-01-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2022-01-11
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  20. 2021-04-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2020-04-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  22. 2019-09-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2019-09-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2019-09-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  25. 2015-07-27
    🏢
    Company incorporated
    As HIGHLAND ASBESTOS SERVICES LTD
  26. 2015-07-27
    BEATON, John Andrew Maclean appointed
    director
  27. 2015-07-27
    MACKAY, Paula appointed
    director
  28. 2015-07-27
    THOMSON, Norman appointed
    director
  29. 2015-07-27
    MACKENZIE, Fraser appointed
    director

Owner dependency

40/100
Moderate — manageable with handover

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

FACTORS
  • -8 active directors: Broader management team in place — suggests transferable governance.

Succession & seller-readiness

35/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • 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

The Future Group (Highland) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
The Future Group (Highland) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
HIGHLAND ASBESTOS SERVICES LTD
This company · SC511654

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
The Future Group (Highland) Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control23/07/2019
3 historic (ceased) PSCs
  • Mr Fraser Mackenzieceased 23/07/2019· 25-50% shares · 25-50% voting · significant influence
  • Mr Norman Thomsonceased 23/07/2019· 25-50% shares · 25-50% voting
  • Mr John Beatonceased 23/07/2019· 25-50% shares · 25-50% voting

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

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
Incorporated2015-07-27
Jurisdictionscotland
Primary SIC38120 — SIC 38120

Registered office

60 Seafield Road
Inverness
IV1 1SG
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-09
Last: 2026-03-26

Officers (8 active · 1 resigned)

BEATON, John Andrew Maclean
director · ~43y · appointed 2015-07-27
View their other companies + combined net worth →
Active
MACGREGOR, Iain Ross
director · ~44y · appointed 2026-03-27
View their other companies + combined net worth →
Active
MACIVER, Roderick Cameron
director · ~42y · appointed 2026-03-27
View their other companies + combined net worth →
Active
MACKAY, Paula
director · ~50y · appointed 2015-07-27
View their other companies + combined net worth →
Active
MACKENZIE, Fraser
director · ~53y · appointed 2026-03-26
View their other companies + combined net worth →
Active
MATHESON, Andrew Campbell
director · ~45y · appointed 2026-03-27
View their other companies + combined net worth →
Active
ROSS, James Cowie Archibald
director · ~52y · appointed 2026-03-27
View their other companies + combined net worth →
Active
THOMSON, Norman
director · ~52y · appointed 2015-07-27
View their other companies + combined net worth →
Active
MACKENZIE, Fraser
director · ~53y · appointed 2015-07-27 · resigned 2026-03-26
Resigned

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

Recent filings (38 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-04-02
appoint-person-director-company-with-name-date
officers · AP01
2026-04-02
appoint-person-director-company-with-name-date
officers · AP01
2026-04-02
appoint-person-director-company-with-name-date
officers · AP01
2026-04-02
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-26
appoint-person-director-company-with-name-date
officers · AP01
2026-03-26
termination-director-company-with-name-termination-date
officers · TM01
2026-03-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-03-26
accounts-with-accounts-type-dormant
accounts · AA
2025-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-07
accounts-with-accounts-type-dormant
accounts · AA
2024-06-11
accounts-with-accounts-type-dormant
accounts · AA
2023-09-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-08