HENDERSON AND DAUGHTERS (SCOTLAND) LTD

🏛️Establishedactive
SC673565 · ltd · incorporated 2020-09-08
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
£31.2k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle 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
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
15 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
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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £31,168
Net assets shrinking
Down £2,234 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£31k
↓ 6.7% YoY
Current Assets
Current Liabilities
£0£7k£13k£20k£27k£33kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£31.8k£34.6k
Net assets£31.2k£33.4k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-09-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-09-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-09-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-09-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-09-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-06-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-09-08
    🏢
    Company incorporated
    As HENDERSON AND DAUGHTERS (SCOTLAND) LTD
  11. 2020-09-08
    HENDERSON, Ada Mary Elizabeth appointed
    director
  12. 2020-09-08
    HENDERSON, Stuart Kenneth appointed
    director
  13. 2020-09-08
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

94/100
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
  • +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 "HENDERSON" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

46/100
Moderate signal

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

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

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
Mrs Ada Mary Elizabeth Henderson
Individual · British · DOB 04/1968 · age 58
25–50%25-50% voting08/09/2020
Mr Stuart Kenneth Henderson
Individual · British · DOB 06/1968 · age 58
25–50%25-50% voting08/09/2020

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
Incorporated2020-09-08
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

4 Excel House Maidenplain Place
Aberuthven
Auchterarder
PH3 1GW
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-21
Last: 2025-09-07

Officers (2 active · 0 resigned)

HENDERSON, Ada Mary Elizabeth
director · ~58y · appointed 2020-09-08
View their other companies + combined net worth →
Active
HENDERSON, Stuart Kenneth
director · ~58y · appointed 2020-09-08
View their other companies + combined net worth →
Active

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

Recent filings (15 total)

change-person-director-company-with-change-date
officers · CH01
2025-09-25
change-person-director-company-with-change-date
officers · CH01
2025-09-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-07
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-01
incorporation-company
incorporation · NEWINC
2020-09-08