L HARRAY LIMITED
🏛️Establishedactive
SC608054 · ltd · incorporated 2018-09-13
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 Sept 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Other accommodation
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 76/100 (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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
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 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 | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
- 2026-01-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-20➕HARRAY, Wendy Doreen Mary appointeddirector
- 2025-02-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-03-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-05📄change-person-director-company-with-change-dateofficers · CH01
- 2021-04-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-13🏢Company incorporatedAs L HARRAY LIMITED
- 2018-09-13➕HARRAY, Lyall Thomas Corse appointeddirector
- 2018-09-13📄incorporation-companyincorporation · NEWINC
Owner dependency
94/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "HARRAY" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Lyall Thomas Corse Harray Individual · British · DOB 01/1966 · age 60 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 13/09/2018 |
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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|---|---|---|---|---|---|---|---|
| KRISPY CHICKEN AND FISH BAR LTD→ SC498000 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ORKNEY ACCOMMODATION LTD→ SC798791 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ORKNEY CHALETS LIMITED→ SC555056 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ORKNEY RETREATS LTD→ SC831838 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| PAYMÁN HOLDINGS 12 LTD→ SC710721 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| PORTLAND HOTEL TRADING LTD→ SC762889 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| PULDAGON FARM SHOP & RESTAURANT LTD→ SC627954 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| QUEEN'S HOTEL (WICK) LTD→ SC269490 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| R & S RENDALL PROPERTY LIMITED→ SC248002 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| RANNER-MCLENAGHAN LTD→ SC858106 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| RICHAN ENTERTAINMENT LTD→ SC859735 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| RIVERSIDE APARTMENTS.SCOT LTD→ SC559236 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2018-09-13
Jurisdictionscotland
Primary SIC55900 — Other accommodation
Registered office
Westbreck Old Finstown Road
St. Ola
Kirkwall
Orkney
KW15 1TW
Scotland
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-09-26
Last: 2025-09-12
Officers (2 active · 0 resigned)
HARRAY, Lyall Thomas Corse→
Activedirector · ~60y · appointed 2018-09-13
View their other companies + combined net worth →
HARRAY, Wendy Doreen Mary→
Activedirector · ~61y · appointed 2025-02-20
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (19 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-13
appoint-person-director-company-with-name-date
officers · AP01
2025-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-07
change-person-director-company-with-change-date
officers · CH01
2021-04-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-04-05