BINN GROUP (INVERNESS) LIMITED
🌱Startupactive
SC837604 · ltd · incorporated 2025-02-13
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
75/100
Strong
What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 75/100 (strong), bankability 60/100. 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 (65/100).
🏦
Refinance opportunity
4 live charges · oldest 1.0y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 1.0 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (60/100)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
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (7 active, 7 linked, 6 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
11 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
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-07-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-08🔒Charge registered #4Lender: Hsbc UK Bank PLC
- 2025-04-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-14🔒Charge registered #2Lender: Hsbc UK Bank PLC
- 2025-04-14🔒Charge registered #1Lender: Hsbc UK Bank PLC
- 2025-04-11🔒Charge registered #3Lender: Hsbc UK Bank PLC
- 2025-04-01➕MACGREGOR, Guy George Monce appointeddirector
- 2025-04-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-03-26✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2025-02-19📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2025-02-13🏢Company incorporatedAs BINN GROUP (INVERNESS) LIMITED
- 2025-02-13➕GILLESPIE MACANDREW SECRETARIES LIMITED appointedcorporate-secretary
- 2025-02-13➕HARKINS, Brian appointeddirector
- 2025-02-13➕MACGREGOR, Allan appointeddirector
- 2025-02-13➕MACGREGOR, John Merchant appointeddirector
- 2025-02-13➕MORRISON, Irvine John appointeddirector
- 2025-02-13➕SANDERSON, David Duncan appointeddirector
- 2025-02-13📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-02-13📄incorporation-companyincorporation · NEWINC
Owner dependency
68/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -6 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 81 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 1.2 years old — management layer unlikely to be developed.
Succession & seller-readiness
20/100
No succession signalNo meaningful acquirability indicators from public data.
SIGNALS
- primaryFamily succession underway: Not a takeover target — MACGREGOR, Guy George Monce (same surname) appointed 2025-04-01. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
Red flags
1 med ·Name changed recently
mediumName changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2025-03-26: certificate-change-of-name-company
Group structure
Binn Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Binn Group Limited
Corporate parent · holds 75-100% shares · board control
⬇
BINN GROUP (INVERNESS) LIMITED
This company · SC837604
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Binn Group Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 13/02/2025 |
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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| DRUIM LEATHANN WINDFARM LIMITED→ SC414109 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| DULSIE WOOD WIND FARM LIMITED→ SC769888 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DUNDEE WASTE MANAGEMENT LIMITED→ SC666467 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2025-02-13
Jurisdictionscotland
Primary SIC38110 — SIC 38110
Registered office
5 Atholl Crescent
Edinburgh
EH3 8EJ
United Kingdom
Filing status
Accounts
Next due: 2026-11-13
Last made up to: —
Confirmation statement
Next due: 2027-02-26
Last: 2026-02-12
Officers (7 active · 0 resigned)
GILLESPIE MACANDREW SECRETARIES LIMITED→
Activecorporate-secretary · appointed 2025-02-13
View their other companies + combined net worth →
HARKINS, Brian→
Activedirector · ~61y · appointed 2025-02-13
View their other companies + combined net worth →
MACGREGOR, Allan→
Activedirector · ~57y · appointed 2025-02-13
View their other companies + combined net worth →
MACGREGOR, Guy George Monce→
Activedirector · ~28y · appointed 2025-04-01
View their other companies + combined net worth →
MACGREGOR, John Merchant→
Activedirector · ~81y · appointed 2025-02-13
View their other companies + combined net worth →
MORRISON, Irvine John→
Activedirector · ~47y · appointed 2025-02-13
View their other companies + combined net worth →
SANDERSON, David Duncan→
Activedirector · ~52y · appointed 2025-02-13
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 | HSBC Hsbc UK Bank PLC | A registered charge | 2 properties | 08/07/2025 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 2 properties | 14/04/2025 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 2 properties | 14/04/2025 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | — | 11/04/2025 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (11 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-16
appoint-person-director-company-with-name-date
officers · AP01
2025-04-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-03-27
certificate-change-of-name-company
change-of-name · CERTNM
2025-03-26
appoint-corporate-secretary-company-with-name-date
officers · AP04
2025-02-19
change-account-reference-date-company-current-extended
accounts · AA01
2025-02-13
incorporation-company
incorporation · NEWINC
2025-02-13