HIGHLAND R & L LTD

💤Zombieactive
SC727665 · ltd · incorporated 2022-03-28
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 Mar 2025
Net worth
£20.6k
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: SIC 33150
Sector: Manufacturing
Investor take
Special-situation opportunity
Distressed manufacturing with salvageable qualities — special-situations priority.

Opportunity 62/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
7 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £20,554
Net assets shrinking
Down £3,431 YoY
Cash YoY
+43%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£24k
↑ 43% YoY
Net Worth
£21k
↓ 14% YoY
Current Assets
£35k
↑ 114% YoY
Current Liabilities
£0£7k£14k£21k£28k£35kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£20.6k£24.0k
Current assets£35.3k£16.5k
Cash£23.6k£16.5k
Debtors£11.7k
Net assets£20.6k£24.0k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (6 events)Click to expand
  1. 2025-09-01
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-07-18
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-09-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2022-03-28
    🏢
    Company incorporated
    As HIGHLAND R & L LTD
  5. 2022-03-28
    SKINNER, Stephen Alexander appointed
    director
  6. 2022-03-28
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-10

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Stephen Alexander Skinner
Individual · British · DOB 04/1988 · age 38
75100%
75–100%board control75-100% shares · 75-100% voting · board control28/03/2022

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.

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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.

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.

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Company details

Statusactive
Typeltd
Incorporated2022-03-28
Jurisdictionscotland
Primary SIC33150 — SIC 33150

Registered office

Hillhaven
Ord Hill
Fortrose
Highland
IV10 8RA
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-10OVERDUE
Last: 2025-03-27

Officers (1 active · 0 resigned)

SKINNER, Stephen Alexander
director · ~38y · appointed 2022-03-28
View their other companies + combined net worth →
Active

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

Recent filings (7 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-18
incorporation-company
incorporation · NEWINC
2022-03-28