TWELVE NESS WALK LIMITED
📈Growthactive
SC565984 · ltd · incorporated 2017-05-15
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
£5.27M
year to Dec 2024
Net worth
—
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: leverage-led grower with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 11 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).
🏦
Refinance opportunity
12 live charges · 5 lenders · oldest 8.2y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 8.2 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: high (81/100)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
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
78 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £713,070
Turnover YoY
+9%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Turnover | £5.27M | £4.82M |
| Gross profit | £2.59M | £2.17M |
| Operating profit | £1.07M | £657.1k |
| Profit before tax | £713.1k | £316.1k |
| Average employees | 7300 | 7700 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
4 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
3
filings
- • 3 mortgage
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
- 2025-11-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-27🔒Charge registered #12Lender: Barclays Bank PLC as Lender
- 2025-11-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-19🔒Charge registered #11Lender: Barclays Bank PLC as Lender
- 2025-11-19🔒Charge registered #10Lender: Barclays Bank PLC as Lender
- 2025-09-29📄accounts-with-accounts-type-fullaccounts · AA
- 2025-08-13📄legacymiscellaneous · ANNOTATION
- 2025-08-13📄legacymiscellaneous · ANNOTATION
- 2025-08-13📄legacymiscellaneous · ANNOTATION
- 2025-08-13📄legacymiscellaneous · ANNOTATION
- 2025-08-13📄legacymiscellaneous · ANNOTATION
- 2025-05-20📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-26📄accounts-with-accounts-type-fullaccounts · AA
- 2024-06-18📄second-filing-of-director-appointment-with-nameofficers · RP04AP01
- 2024-06-17📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-23📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2024-05-23📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2024-05-23📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2024-05-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-05-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-05-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-05-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-05-22📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-16📄capital-alter-shares-redemption-statement-of-capitalcapital · SH02
- 2024-03-27🔓Charge satisfied #5
- 2024-03-27🔓Charge satisfied #1
- 2024-03-26🔒Charge registered #9Lender: Barclays Bank PLC
- 2024-03-15🔒Charge registered #8Lender: Barclays Bank PLC
- 2024-03-15🔒Charge registered #7Lender: Barclays Bank PLC
- 2024-02-05🔓Charge satisfied #4
- 2024-02-05🔓Charge satisfied #2
- 2022-12-31➕TAMMAN, Daniele appointeddirector
- 2022-12-31➖TAMMAN, Yossi resigneddirector
- 2019-07-04🔒Charge registered #6Lender: Barclays Bank PLC
- 2019-07-04🔒Charge registered #5Lender: Anthony Neilson Story, Anne Story, Ben Alexander Story and Bespoke Corporate Trustees Limited, All as Trustees of the Story Family Pension Trust
- 2018-07-06🔒Charge registered #4Lender: Barclays Bank PLC
- 2018-05-18🔒Charge registered #3Lender: Barclays Bank PLC
- 2018-02-19🔒Charge registered #2Lender: Anthony Neilson Story as Trustee of the Story Family Pension Trust
- 2018-01-25🔒Charge registered #1Lender: Anthony Neilson Story
- 2017-12-22➕DUFRESNE-MACGREGOR, Alison appointeddirector
- 2017-12-22➖STORY, Anthony Neilson resigneddirector
- 2017-12-22➕TAMMAN, Yossi appointeddirector
- 2017-05-15🏢Company incorporatedAs TWELVE NESS WALK LIMITED
- 2017-05-15➕LC SECRETARIES LIMITED appointedcorporate-secretary
- 2017-05-15➕EWAN, Craig James appointeddirector
- 2017-05-15➕STORY, Anthony Neilson appointeddirector
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 74 — succession pressure is live.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
Red flags
2 med · 1 low3 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2025-11-27: A registered charge; 2025-11-19: A registered charge; 2025-11-19: A registered charge
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
8 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Patio Hotels (Uk) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️
Patio Hotels (Uk) Limited
Corporate parent · board control
⬇
TWELVE NESS WALK LIMITED
This company · SC565984
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 |
|---|---|---|---|---|
Patio Hotels (Uk) Limited Corporate entity | — | 75–100% | board control75-100% voting · board control | 15/05/2017 |
4 historic (ceased) PSCs
- Bespoke Corporate Trustees Limitedceased 15/03/2024· 75-100% shares · trust interest
- Mr Anthony Neilson Storyceased 15/03/2024· 75-100% shares · trust interest
- Mr Ben Storyceased 15/03/2024· 75-100% shares · trust interest
- Mrs Anne Storyceased 15/03/2024· 75-100% shares · trust interest
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
Active · Hospitality · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A&GS GUESTHOUSE LTD→ SC778218 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AB BUCHAN LTD→ SC879377 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AB PADMA LTD→ SC841151 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABER KITCHEN LTD→ SC844491 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABERDEEN FAMOUS HOUSE LTD→ SC848428 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABERLOUR PLUM GARDEN LTD→ SC747749 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ABHD LTD→ SC822611 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABSOMI LTD→ SC877797 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ABZ SCOOPS LTD→ SC733319 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ACORN CENTRE (INVERURIE) LIMITED→ SC333855 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ADEN HOUSE BED AND BREAKFAST LIMITED→ SC654757 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AJ FAST FOODS LTD→ SC733359 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2017-05-15
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation
Registered office
Johnstone House
52-54 Rose Street
Aberdeen
AB10 1HA
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-05-28
Last: 2025-05-14
Officers (4 active · 2 resigned)
LC SECRETARIES LIMITED→
Activecorporate-secretary · appointed 2017-05-15
View their other companies + combined net worth →
DUFRESNE-MACGREGOR, Alison→
Activedirector · ~74y · appointed 2017-12-22
View their other companies + combined net worth →
EWAN, Craig James→
Activedirector · ~51y · appointed 2017-05-15
View their other companies + combined net worth →
TAMMAN, Daniele→
Activedirector · ~74y · appointed 2022-12-31
View their other companies + combined net worth →
STORY, Anthony Neilson→
Resigneddirector · ~70y · appointed 2017-05-15 · resigned 2017-12-22
TAMMAN, Yossi→
Resigneddirector · ~70y · appointed 2017-12-22 · resigned 2022-12-31
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
8
Outstanding
1
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC as Lender | A registered charge | 2 properties | 27/11/2025 | — | |
| outstanding | Barclays Barclays Bank PLC as Lender | A registered charge | 1 property | 19/11/2025 | — | |
| outstanding | Barclays Barclays Bank PLC as Lender | A registered charge | 1 property | 19/11/2025 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | 2 properties | 26/03/2024 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | 1 property | 15/03/2024 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 15/03/2024 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | 2 properties | 04/07/2019 | — | |
| satisfied | Anthony Neilson Story, Anne Story, Ben Alexander Story and Bespoke Corporate Trustees , All as Trustees of the Story Family Pension Trust Anthony Neilson Story, Anne Story, Ben Alexander Story and Bespoke Corporate Trustees Limited, All as Trustees of the Story Family Pension Trust | A registered charge | 1 property | 04/07/2019 | 27/03/2024 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 06/07/2018 | 05/02/2024 | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 18/05/2018 | — | |
| satisfied | Anthony Neilson Story as Trustee of the Story Family Pension Trust / Anne Story as Trustee of the Story Family Pension Trust / Ben Alexander Story as Trustee of the Story Family Pension Trust / Bespoke Corporate Trustees (Company No. 03948571) as Trustee of the Story Family Pension Trust Anthony Neilson Story as Trustee of the Story Family Pension Trust / Anne Story as Trustee of the Story Family Pension Trust / Ben Alexander Story as Trustee of the Story Family Pension Trust / Bespoke Corporate Trustees Limited (Company No. 03948571) as Trustee of the Story Family Pension Trust | A registered charge | 1 property | 19/02/2018 | 05/02/2024 | |
| satisfied | Anthony Neilson Story / Anne Story / Ben Alexander Story / Bespoke Corporate Trustees Anthony Neilson Story / Anne Story / Ben Alexander Story / Bespoke Corporate Trustees Limited | A registered charge | — | 25/01/2018 | 27/03/2024 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (78 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-24
accounts-with-accounts-type-full
accounts · AA
2025-09-29
legacy
miscellaneous · ANNOTATION
2025-08-13
legacy
miscellaneous · ANNOTATION
2025-08-13
legacy
miscellaneous · ANNOTATION
2025-08-13
legacy
miscellaneous · ANNOTATION
2025-08-13
legacy
miscellaneous · ANNOTATION
2025-08-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-20
change-person-director-company-with-change-date
officers · CH01
2025-05-20
accounts-with-accounts-type-full
accounts · AA
2024-09-26
second-filing-of-director-appointment-with-name
officers · RP04AP01
2024-06-18
change-person-director-company-with-change-date
officers · CH01
2024-06-17
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-05-23