HIGHLAND BIOHEAT LTD

💤Zombieactive
SC513431 · ltd · incorporated 2015-08-19
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

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
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
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£0Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31
Average employees00

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

🔒Filing-note intelligence

3 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
  • 2 gazette
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-12-30
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-11-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-11-11
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-12-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2023-08-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2023-08-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-07-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2022-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-06-03
    GORDON, Gary Douglas resigned
    director
  14. 2020-06-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2019-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-11-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  17. 2018-11-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  18. 2018-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2015-10-31
    GORDON, Gary Douglas appointed
    director
  20. 2015-10-31
    SOLLE, Thomas Herbert resigned
    director
  21. 2015-08-19
    🏢
    Company incorporated
    As HIGHLAND BIOHEAT LTD
  22. 2015-08-19
    WALLACE, Jean appointed
    secretary
  23. 2015-08-19
    MUNRO, Cameron Barrie appointed
    director
  24. 2015-08-19
    SOLLE, Thomas Herbert appointed
    director

Owner dependency

83/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Cameron Barrie Munro
Individual · British · DOB 07/1968 · age 58
2550%
25-50% shares06/04/2016
1 historic (ceased) PSC
  • Mr Michael John Everyceased 17/11/2025· 25-50% shares

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
Incorporated2015-08-19
Jurisdictionscotland
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

Ghuilbin House
Grampian Road
Aviemore
PH22 1RH

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-01
Last: 2025-08-18

Officers (2 active · 2 resigned)

WALLACE, Jean
secretary · appointed 2015-08-19
View their other companies + combined net worth →
Active
MUNRO, Cameron Barrie
director · ~58y · appointed 2015-08-19
View their other companies + combined net worth →
Active
GORDON, Gary Douglas
director · ~56y · appointed 2015-10-31 · resigned 2020-06-03
Resigned
SOLLE, Thomas Herbert
director · ~62y · appointed 2015-08-19 · resigned 2015-10-31
Resigned

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

Recent filings (31 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-30
gazette-filings-brought-up-to-date
gazette · DISS40
2025-12-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-17
gazette-notice-compulsory
gazette · GAZ1
2025-11-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-08
gazette-filings-brought-up-to-date
gazette · DISS40
2023-08-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-02
gazette-notice-compulsory
gazette · GAZ1
2023-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-31