CELTIC PLC
🌳Matureactive
SC003487 · plc · incorporated 1897-04-12
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
78/100
Strong
What this business does
Primary activity: Operation of sports facilities
Sector: Arts, entertainment & recreation
ALSO REGISTERED FOR
- 93120Activities of sport clubs
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 78/100 (strong), bankability 62/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
14 live charges · 7 lenders · oldest 33.3y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 33.3 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 63/100 (high).
Data confidence
Overall: medium (58/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
49 officers (7 active, 49 linked, 38 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
560 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
1
filing
- • 1 officers
Last 90 days
2
filings
- • 1 officers
- • 1 confirmation-statement
Last 180 days
5
filings
- • 2 officers
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (133 events)Click to expand
- 2026-04-15➖ALLISON, Thomas Eardley resigneddirector
- 2026-04-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-08📄accounts-with-accounts-type-groupaccounts · AA
- 2026-01-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-31➖LAWWELL, Peter Thomas resigneddirector
- 2025-12-03📄resolutionresolution · RESOLUTIONS
- 2025-03-06📄capital-name-of-class-of-sharescapital · SH08
- 2025-03-06📄capital-name-of-class-of-sharescapital · SH08
- 2025-02-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-31🔒Charge registered #15Lender: Glasgow City Council
- 2024-12-16📄accounts-with-accounts-type-groupaccounts · AA
- 2024-11-29📄resolutionresolution · RESOLUTIONS
- 2024-07-03📄capital-name-of-class-of-sharescapital · SH08
- 2024-07-01➕MCNAIRN, Joanne appointedsecretary
- 2024-07-01📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-07-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-06-30➖DUFFY, Christopher Michael resignedsecretary
- 2024-06-19📄capital-name-of-class-of-sharescapital · SH08
- 2024-05-31📄capital-name-of-class-of-sharescapital · SH08
- 2024-03-25📄capital-name-of-class-of-sharescapital · SH08
- 2024-02-29📄capital-name-of-class-of-sharescapital · SH08
- 2024-01-22📄capital-name-of-class-of-sharescapital · SH08
- 2023-12-18📄accounts-with-accounts-type-groupaccounts · AA
- 2023-11-27📄resolutionresolution · RESOLUTIONS
- 2023-11-03📄capital-name-of-class-of-sharescapital · SH08
- 2023-09-08📄capital-name-of-class-of-sharescapital · SH08
- 2023-09-08📄capital-name-of-class-of-sharescapital · SH08
- 2023-07-19➕ROSE, Brian appointeddirector
- 2023-01-19🔓Charge satisfied #14
- 2023-01-19🔓Charge satisfied #13
- 2023-01-19🔓Charge satisfied #10
- 2023-01-19🔓Charge satisfied #9
- 2023-01-01➕LAWWELL, Peter Thomas appointeddirector
- 2022-12-31➖BANKIER, Ian Patrick resigneddirector
- 2021-09-10➕NICHOLSON, Michael appointeddirector
- 2021-09-10➕DUFFY, Christopher Michael appointedsecretary
- 2021-09-10➖NICHOLSON, Michael resignedsecretary
- 2021-09-10➖MCKAY, Dominic Christopher resigneddirector
- 2021-07-01➕MCKAY, Dominic Christopher appointeddirector
- 2021-06-30➖LAWWELL, Peter Thomas resigneddirector
- 2017-06-30➖LIVINGSTON, Ian Paul, Lord resigneddirector
- 2016-12-09➕BROWN, Sharon Mary appointeddirector
- 2016-09-03🔓Charge satisfied #12
- 2016-09-03🔓Charge satisfied #11
- 2016-06-30➖RILEY, Eric James resigneddirector
- 2016-01-01➕MCKAY, Christopher appointeddirector
- 2014-06-30➖DUFFY, Hugh Brian resigneddirector
- 2013-12-19🔒Charge registered #14Lender: The Co-Operative Bank PLC
- 2013-03-05➖NICHOL, David Gerrard resignedsecretary
- 2013-03-05➕NICHOLSON, Michael appointedsecretary
Showing most recent 50 of 133 events
Owner dependency
65/100
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.
- +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 78 — succession pressure is live.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: ALLISON, Thomas Eardley resigned 2026-04-15; LAWWELL, Peter Thomas resigned 2025-12-31
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Dermot Fachtna Desmond Individual · Irish · DOB 08/1950 · age 76 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 26/06/2017 |
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 · Leisure & entertainment · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ANTER SCOTLAND LTD→ SC868639 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| APEX PHYSIOLOGY LTD→ SC849958 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARCHIPELAGO ARTS LTD→ SC872672 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARCHIVE ASSET LIMITED→ SC689799 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ARLENE GRANT TRAVEL LTD→ SC856680 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ART OF ENGRAVING LTD→ SC647644 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ARTPISTOL PROJECTS LTD→ SC766615 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARTYBUNCLES LIMITED→ SC408806 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| AS PERSONAL TRAINING LTD→ SC737067 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ASSEMBLE LOGISTICS LTD→ SC738399 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ASSEMBLY WINGS LTD→ SC660563 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ASTRAGIANT LIMITED→ SC202017 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Typeplc
Incorporated1897-04-12
Jurisdictionscotland
Primary SIC93110 — Operation of sports facilities
Registered office
Celtic Park
Glasgow
G40 3RE
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-02-23
Last: 2026-02-09
Officers (7 active · 42 resigned)
Active
BROWN, Sharon Mary→
Activedirector · ~58y · appointed 2016-12-09
View their other companies + combined net worth →
DESMOND, Dermot Fachna→
Activedirector · ~76y · appointed 1995-05-12
View their other companies + combined net worth →
MCKAY, Christopher→
Activedirector · ~51y · appointed 2016-01-01
View their other companies + combined net worth →
NICHOLSON, Michael→
Activedirector · ~50y · appointed 2021-09-10
View their other companies + combined net worth →
Active
WILSON, Brian David Henderson, Rt Hon→
Activedirector · ~78y · appointed 2005-06-01
View their other companies + combined net worth →
BARTON, Heather Anne→
Resignedsecretary · appointed 1998-07-01 · resigned 1999-12-31
DUFFY, Christopher Michael→
Resignedsecretary · appointed 2021-09-10 · resigned 2024-06-30
HOWAT, Robert Morton→
Resignedsecretary · appointed 2001-06-18 · resigned 2013-01-04
KEANE, Dominic William→
Resignedsecretary · appointed 1994-03-11 · resigned 1994-12-19
NICHOL, David Gerrard→
Resignedsecretary · appointed 2013-01-04 · resigned 2013-03-05
NICHOLSON, Michael→
Resignedsecretary · appointed 2013-03-05 · resigned 2021-09-10
SWEENEY, Kevin→
Resignedsecretary · appointed 1999-12-31 · resigned 2001-06-18
SWEENEY, Kevin→
Resignedsecretary · appointed 1994-12-19 · resigned 1998-07-01
WHITE, Christopher D→
Resignedsecretary · appointed 1993-08-26 · resigned 1994-03-04
DESMOND WHITE ARBUCKLE & CO→
Resignedcorporate-secretary · resigned 1993-08-26
ALLISON, Thomas Eardley→
Resigneddirector · ~78y · appointed 2001-09-15 · resigned 2026-04-15
BANKIER, Ian Patrick→
Resigneddirector · ~74y · appointed 2011-06-03 · resigned 2022-12-31
DEMPSEY, Brian John→
Resigneddirector · ~79y · appointed 1990-05-03 · resigned 1990-10-26
Click a director name to see their full track record across all companies.
Mortgages & charges
14
Total charges
3
Outstanding
3
Active lenders
Status:Lender:14 of 14 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Glasgow City Council | A registered charge | 1 property | 31/01/2025 | — | |
| satisfied | Co-operative Bank The Co-Operative Bank PLC | A registered charge | 1 property | 19/12/2013 | 19/01/2023 | |
| satisfied | Co-operative Bank Co-Operative Bank PLC | Standard security | 1 property | 24/05/2011 | 19/01/2023 | |
| satisfied | Glasgow City Council | Standard security | 1 property | 21/04/2009 | 03/09/2016 | |
| satisfied | Glasgow City Council | Standard security | 1 property | 21/04/2009 | 03/09/2016 | |
| satisfied | Co-operative Bank The Co-Operative Bank PLC | Standard security | 1 property | 21/04/2009 | 19/01/2023 | |
| satisfied | Co-operative Bank The Co-Operative Bank PLC | Standard security | 1 property | 21/04/2009 | 19/01/2023 | |
| outstanding | The Scottish Ministers | Standard security | 1 property | 24/07/2006 | — | |
| outstanding | Co-operative Bank The Co-Operative Bank PLC | Standard security | 1 property | 18/05/2001 | — | |
| satisfied | Takare Developments Takare Developments Limited | Standard security | 1 property | 24/12/1997 | 19/01/1999 | |
| satisfied | Fergus Mccann | Standard security | 1 property | 29/03/1994 | 12/09/1994 | |
| satisfied | Fergus Mccann | Bond & floating charge | 1 property | 25/03/1994 | 09/06/1994 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 12/07/1993 | 02/03/2009 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 24/12/1992 | 02/03/2009 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (560 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-04-15
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-20
accounts-with-accounts-type-group
accounts · AA
2026-01-08
termination-director-company-with-name-termination-date
officers · TM01
2026-01-05
resolution
resolution · RESOLUTIONS
2025-12-03
capital-name-of-class-of-shares
capital · SH08
2025-03-06
capital-name-of-class-of-shares
capital · SH08
2025-03-06
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-04
accounts-with-accounts-type-group
accounts · AA
2024-12-16
resolution
resolution · RESOLUTIONS
2024-11-29
capital-name-of-class-of-shares
capital · SH08
2024-07-03
appoint-person-secretary-company-with-name-date
officers · AP03
2024-07-01
termination-secretary-company-with-name-termination-date
officers · TM02
2024-07-01
capital-name-of-class-of-shares
capital · SH08
2024-06-19