THE AYR UNITED FOOTBALL AND ATHLETIC CLUB, LIMITED

🌳Matureactive

SC005950 · ltd · incorporated 1905-08-19

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

—

year to Jun 2025

Net worth

£-144.8k

book net assets

Opportunity

78/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Operation of sports facilities

Sector: Arts, entertainment & recreation

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 62/100. Strong seller-intent signal (65/100, director aged 78). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 57.6y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 57.6 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: high (84/100)

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

Lenders & charges

5 charges (5/5 with lender, 5/5 with type)

Directors & officers

41 officers (5 active, 41 linked, 31 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

17 connected companies via shared directors

Filing history

191 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £144,754

Cash YoY

+200%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£262k

↑ 200% YoY

Net Worth

-£145k

↓ 5.2% YoY

Current Assets

£689k

↑ 52% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30
Total assets	£3.57M	£477.4k
Current assets	£688.7k	£453.7k
Cash	£262.1k	£87.5k
Debtors	£372.1k	£295.1k
Net assets	£-144.8k	£-137.6k

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 2 officers
• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (98 events)Click to expand

2026-02-25
📄
accounts-with-accounts-type-small
accounts · AA
2025-12-31
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-31
📄
change-person-director-company-with-change-date
officers · CH01
2025-09-05
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2025-07-22
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2025-07-22
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-18
➖
MCTRUSTY, Tracy Ann resigned
secretary
2025-07-11
➖
MURRAY, Alan resigned
director
2025-03-28
📄
accounts-with-accounts-type-small
accounts · AA
2024-09-01
➕
STILLIE, Derek Daniel appointed
secretary
2024-03-25
📄
accounts-with-accounts-type-small
accounts · AA
2024-01-12
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-12
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-12
📄
change-person-director-company-with-change-date
officers · CH01
2024-01-12
📄
change-person-director-company-with-change-date
officers · CH01
2024-01-11
📄
change-person-director-company-with-change-date
officers · CH01
2024-01-11
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-31
📄
accounts-with-accounts-type-small
accounts · AA
2022-04-05
📄
accounts-with-accounts-type-small
accounts · AA
2021-12-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-12-26
➖
CAMERON, Lachlan Hugh resigned
director
2021-12-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-12-17
➕
MATHIE, Graeme Ross appointed
director
2021-05-11
➕
MACINTYRE, Fraser Mckay appointed
director
2021-05-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-03-30
📄
accounts-with-accounts-type-small
accounts · AA
2021-03-11
🔓
Charge satisfied #5
2021-03-11
🔓
Charge satisfied #1
2021-01-12
➖
GRANT, Lewis resigned
director
2020-11-19
➖
KIRKWOOD, James Vincent resigned
director
2019-12-13
➕
SMITH, David Alexander appointed
director
2019-11-07
➕
MCTRUSTY, Tracy Ann appointed
secretary
2019-11-06
➖
PETERKIN, James Graham resigned
director
2019-11-06
➖
PETTIGREW, Mark Alexander resigned
director
2019-10-24
➖
PETERKIN, James Graham resigned
secretary
2019-08-01
➖
TORRIE, Calum Iain resigned
director
2016-08-18
➕
PETTIGREW, Mark Alexander appointed
director
2014-02-13
➖
CAMERON, Hugh Livingston resigned
director
2013-09-11
➕
PETERKIN, James Graham appointed
secretary
2013-09-11
➖
QUAYLE, David John resigned
secretary
2013-09-11
➕
TORRIE, Calum Iain appointed
director
2013-08-09
➖
INGRAM, Alexander David resigned
director
2013-08-09
➕
PETERKIN, James Graham appointed
director
2013-02-04
➕
KIRKWOOD, James Vincent appointed
director
2010-06-28
➕
HOUSTON, William Mccrindle appointed
director
2008-03-10
➖
CAMERON, Donald Ralph resigned
director
2008-02-15
➕
QUAYLE, David John appointed
secretary
2007-10-26
➖
PEARSON, Iain Clark resigned
secretary
2007-10-26
➖
MEEHAN, Mark Peter resigned
director
2006-03-20
➕
INGRAM, Alexander David appointed
director

Showing most recent 50 of 98 events

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 78 — succession pressure is live.

Succession & seller-readiness

73/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 16 years.
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

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: MCTRUSTY, Tracy Ann resigned 2025-07-18; MURRAY, Alan resigned 2025-07-11

Charge satisfaction-then-recreation pattern

medium

Multiple 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 David Alexander Smith Individual · British · DOB 08/1971 · age 55	50–75%	—	50-75% shares	12/01/2021

1 historic (ceased) PSC

Mr Lachlan Hugh Cameronceased 12/01/2021· 50-75% shares

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 · KA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
AYR RUGBY FOOTBALL CLUB LIMITED→ SC720032 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
BOUNCE N ROAR LTD→ SC848684 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BRAW TOURS LTD→ SC715671 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
CAIRN HOLDINGS (SCOTLAND) LTD→ SC589993 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
COMMANDO FACTORY GYM LTD→ SC855799 · est 2025 · no financials extracted	—	—	—	—	—	—	—
CRAFT DAFT LIMITED→ SC516811 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
CREATIVE GOOSE LTD→ SC840250 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
CROSSFIT BIA 2.0 LTD.→ SC535729 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
CROSSHOUSE ACTION NOW COMMUNITY COMPANY LTD→ SC443404 · est 2013 · no financials extracted	—	—	—	—	13y	—	—
CUE'D UP LTD→ SC884228 · est 2026 · no financials extracted	—	—	—	—	—	—	—
D & R FITNESS LTD→ SC844472 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
DAB EVENTS LTD→ SC392364 · est 2011 · no financials extracted	—	—	—	—	15y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 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

Incorporated1905-08-19

Jurisdictionscotland

Primary SIC93110 — Operation of sports facilities

Registered office

Somerset Park

Tryfield Place

Ayr

KA8 9NB

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2027-01-06

Last: 2025-12-23