HERITAGE GOLF TOURS LTD

💤Zombieactive
SC703661 · ltd · incorporated 2021-07-08
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
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Turnover
year to Oct 2024
Net worth
£544
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Tour operator activities
Sector: Administrative & support services
Investor take
Pursue
Asset-holding vehicle with a 65-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 65). 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: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
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 £544
Net assets shrinking
Down £453 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£544
↓ 45% YoY
Current Assets
£3k
↓ 69% YoY
Current Liabilities
£0£2k£4k£7k£9k£11kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-302023-10-30
Total assets£544£997
Current assets£3.4k£11.2k
Net assets£544£997

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

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 (9 events)Click to expand
  1. 2025-06-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-02-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-07-20
    RITZEN, Maria Tua appointed
    secretary
  5. 2022-07-20
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  6. 2022-07-20
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  7. 2021-07-08
    🏢
    Company incorporated
    As HERITAGE GOLF TOURS LTD
  8. 2021-07-08
    RITZÉN, Ingvar Jakob appointed
    director
  9. 2021-07-08
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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
Ingvar Jakob Ritzen
Individual · Swedish · DOB 03/1961 · age 65
sig. influencesignificant influence08/07/2021

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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.

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Company details

Statusactive
Typeltd
Incorporated2021-07-08
Jurisdictionscotland
Primary SIC79120 — Tour operator activities

Registered office

21 Wood Court
Troon
KA10 6BB
Scotland

Filing status

Accounts
Next due: 2026-07-30
Last made up to: 2024-10-30
Confirmation statement
Next due: 2026-07-03
Last: 2025-06-19

Officers (2 active · 0 resigned)

RITZEN, Maria Tua
secretary · appointed 2022-07-20
View their other companies + combined net worth →
Active
RITZÉN, Ingvar Jakob
director · ~65y · appointed 2021-07-08
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-20
change-account-reference-date-company-current-extended
accounts · AA01
2022-07-20
appoint-person-secretary-company-with-name-date
officers · AP03
2022-07-20
incorporation-company
incorporation · NEWINC
2021-07-08