HORIZON GROUP FALKIRK LIMITED
🌿Early-stageactive
SC765533 · ltd · incorporated 2023-04-11
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
—
year to Mar 2025
Net worth
£124.7k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
PursueAsset-holding vehicle. Family succession underway — not a classic acquisition target.
Opportunity 75/100 (strong), bankability 65/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
4 live charges · oldest 0.1y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 0.1 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
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
4 charges (4/4 with lender, 4/4 with type)
90
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
3 connected companies via shared directors
54
Filing history
17 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
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
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £124,707
Cash YoY
-26%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£412
↓ 26% YoY
Net Worth
£125k
↑ 281% YoY
Current Assets
£30k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £166.0k | £32.7k |
| Current assets | £29.6k | — |
| Cash | £412 | £557 |
| Debtors | £29.2k | — |
| Net assets | £124.7k | £32.7k |
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
7
filings
- • 4 mortgage
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Last 90 days
7
filings
- • 4 mortgage
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Last 180 days
8
filings
- • 4 mortgage
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-04-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-10🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2026-04-10🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2026-04-10🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2026-04-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-31🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2026-03-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-03-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-02📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2024-09-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-09-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-04-10📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-04-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-04-11🏢Company incorporatedAs HORIZON GROUP FALKIRK LIMITED
- 2023-04-11➕DOUGALL, Steven appointeddirector
- 2023-04-11➕DOUGALL, Stewart Malcolm appointeddirector
- 2023-04-11📄incorporation-companyincorporation · NEWINC
Owner dependency
74/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Red flags
1 med ·4 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-04-10: A registered charge; 2026-04-10: A registered charge; 2026-04-10: A registered charge
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stewart Malcolm Dougall Individual · British · DOB 02/2002 · age 24 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 30/04/2023 |
Mr Steven Dougall Individual · British · DOB 03/1965 · age 61 | — | — | sig. influencesignificant influence | 11/04/2023 |
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 · Holding company · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DRON & DICKSON GROUP LIMITED→ SC305554 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| EDINMAC LIMITED→ SC867838 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FORTH ELECTRICAL SERVICES LIMITED→ SC207777 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| FORTH HOLDINGS LIMITED→ SC616186 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| GLENGYLE DEVELOPMENTS LTD→ SC240140 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| HALMAX INTERNATIONAL LIMITED→ SC557345 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| INDUSVENT (SCOTLAND) LIMITED→ SC393976 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| INSIGHT RESIDENTIAL LTD→ SC691949 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| KALLA JSP HOLDINGS LTD→ SC866378 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| KEIR & CAWDER ESTATES LIMITED→ SC012241 · est 1922 · no financials extracted | — | — | — | — | 103y | — | — |
| KENILWORTH GATE RESIDENTS LIMITED→ SC547450 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| KERSEPROPERTIES LTD→ SC819703 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2023-04-11
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.
Registered office
Unit 1 Dollar Industrial Estate
Falkirk
FK2 7YS
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-24
Last: 2026-04-10
Officers (2 active · 0 resigned)
DOUGALL, Steven→
Activedirector · ~61y · appointed 2023-04-11
View their other companies + combined net worth →
DOUGALL, Stewart Malcolm→
Activedirector · ~24y · appointed 2023-04-11
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 6 properties | 10/04/2026 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 10/04/2026 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 10/04/2026 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 31/03/2026 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (17 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-20
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-11
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-09-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-09-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-02
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-18
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-04-10