FREEMAN RETAIL (HIGHLAND) LIMITED

🌱Startupactive
SC815636 · ltd · incorporated 2024-07-05
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
not disclosed
Net worth
book net assets
Opportunity
60/100
Worth a look
🔔
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What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

Data confidence

Overall: low (54/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
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
Network not yet resolved
30
Filing history
3 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

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 (5 events)Click to expand
  1. 2024-07-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2024-07-05
    🏢
    Company incorporated
    As FREEMAN RETAIL (HIGHLAND) LIMITED
  3. 2024-07-05
    FREEMAN, Michael Steven appointed
    director
  4. 2024-07-05
    FREEMAN, Susan Davidson, Mrs. appointed
    director
  5. 2024-07-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

86/100
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 "FREEMAN" — strong identity link between founder and business.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 1.8 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-04-05

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Michael Steven Freeman
Individual · Scottish · DOB 10/1972 · age 54
2550%
25–50%board control25-50% shares · 25-50% voting · board control05/07/2024
Mrs. Susan Davidson Freeman
Individual · Scottish · DOB 02/1978 · age 48
2550%
25–50%25-50% shares · 25-50% voting05/07/2024

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 →
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9 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

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Company details

Statusactive
Typeltd
Incorporated2024-07-05
Jurisdictionscotland
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

112 Academy Street
Inverness
Highland
IV1 1LX
Scotland

Filing status

Accounts
Next due: 2026-04-05OVERDUE
Last made up to:
Confirmation statement
Next due: 2026-07-18
Last: 2025-07-04

Officers (2 active · 0 resigned)

FREEMAN, Michael Steven
director · ~54y · appointed 2024-07-05
View their other companies + combined net worth →
Active
FREEMAN, Susan Davidson, Mrs.
director · ~48y · appointed 2024-07-05
View their other companies + combined net worth →
Active

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

Recent filings (3 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-15
incorporation-company
incorporation · NEWINC
2024-07-05