HIGHLAND BOUNDARY LTD

🌳Matureactive
SC525210 · ltd · incorporated 2016-01-26
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-143.5k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 11010
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £143,481

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£143k
↓ 8.4% YoY
Current Assets
£44k
↓ 25% YoY
Current Liabilities
—
-£143k-£103k-£62k-£22k£19k£59kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£70.5k£79.0k
Current assets£44.2k£59.3k
Net assets£-143.5k£-132.3k

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

🔒Filing-note intelligence

1 signal 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
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2025-12-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-11-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-02-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-08-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-10-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-01-28
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  11. 2016-01-26
    🏢
    Company incorporated
    As HIGHLAND BOUNDARY LTD
  12. 2016-01-26
    ➕
    BRUCE, Marian Cooke, Dr appointed
    director
  13. 2016-01-26
    ➕
    MONTADOR, Simon Alexander appointed
    director
  14. 2016-01-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

51/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Dr Marian Cooke Bruce
Individual · British · DOB 09/1966 · age 60
50–75%
—50-75% shares06/04/2016
Mr Simon Alexander Montador
Individual · British · DOB 03/1966 · age 60
25–50%
—25-50% shares06/04/2016

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
Incorporated2016-01-26
Jurisdictionscotland
Primary SIC11010 — SIC 11010

Registered office

Kirklandbank
Alyth
Blairgowrie
Perthshire
PH11 8LL
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-07
Last: 2026-01-24

Officers (2 active · 0 resigned)

BRUCE, Marian Cooke, Dr→
director · ~60y · appointed 2016-01-26
View their other companies + combined net worth →
Active
MONTADOR, Simon Alexander→
director · ~60y · appointed 2016-01-26
View their other companies + combined net worth →
Active

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

Recent filings (21 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-25
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-25
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-01
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-26
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-01-25