PRESTONFIELD GOLF CLUB LIMITED

🌳Matureactive

SC015025 · private-limited-guarant-nsc · incorporated 1928-03-31

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2024

Net worth

—

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: Other sports activities

Sector: Arts, entertainment & recreation

Investor take

Pursue

Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 57/100. Strong seller-intent signal (68/100, director aged 74). 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 (53/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 45.5y

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 45.5 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Legal-friction score 48/100 (high).

Data confidence

Overall: medium (70/100)

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

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

100 officers (2 active, 100 linked, 85 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

303 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

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-09-30	2023-09-30
Average employees	1500	2000

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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

filings

• 2 officers

Last 180 days

filings

• 2 officers

Counts from Companies House filing history.

Corporate timeline (212 events)Click to expand

2026-04-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-04-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-01-28
➖
ABERNETHY, Lynn Isobel resigned
director
2026-01-28
➖
DOWNIE, Carole Linda resigned
director
2025-06-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-01-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-01-29
📄
memorandum-articles
incorporation · MA
2024-01-29
📄
resolution
resolution · RESOLUTIONS
2024-01-17
➕
GIBSON, Colin Henry Thomas appointed
director
2024-01-17
➕
DOWNIE, Carole Linda appointed
director
2024-01-17
➖
INNES, Adrian Cathel resigned
director
2023-04-26
📄
resolution
resolution · RESOLUTIONS
2023-02-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-04
📄
change-person-director-company-with-change-date
officers · CH01
2022-11-04
📄
change-person-director-company-with-change-date
officers · CH01
2022-03-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-01-31
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-01-31
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-01-31
📄
change-person-director-company-with-change-date
officers · CH01
2022-01-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-01-26
➕
BLACKSTOCK, David appointed
director
2022-01-26
➖
COWAN, Ian resigned
director
2022-01-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-19
➕
ABERNETHY, Lynn Isobel appointed
director
2019-11-19
➖
NICHOLSON, Maxine resigned
director
2019-08-08
➕
NICHOLSON, Maxine appointed
director
2019-06-17
➕
COWAN, Ian appointed
director
2019-06-17
➖
CUNNINGHAM, Nicol Graham resigned
director
2019-06-17
➕
INNES, Adrian Cathel appointed
director
2019-06-17
➖
JOHNSTON, Scott resigned
director
2019-06-17
➖
MACDONALD, Andrew Iain resigned
director
2019-06-17
➖
O'BRIEN, John David resigned
director
2019-02-10
➕
CUNNINGHAM, Nicol Graham appointed
director
2019-02-10
➕
MACDONALD, Andrew Iain appointed
director
2019-02-10
➖
MCEWAN, Alan resigned
director
2019-02-10
➕
O'BRIEN, John David appointed
director
2018-12-03
➖
BINNIE, John resigned
director
2018-10-25
➕
BINNIE, John appointed
director
2018-09-05
➕
JOHNSTON, Scott appointed
director
2018-09-05
➖
O'NEILL, Joe resigned
director
2018-08-31
➖
INNES, Adrian Cathel resigned
director
2018-02-16
➖
MCLAUGHLAN, Liam resigned
secretary
2018-01-16
➖
GILLON, Ross resigned
director
2018-01-16
➖
NOBLE, Sidney resigned
director
2018-01-16
➖
PACITTI, Joseph resigned
director
2017-05-02
➕
MCLAUGHLAN, Liam appointed
secretary

Showing most recent 50 of 212 events

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

66/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·

2 director resignations in last 12 months

medium

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

Evidence: ABERNETHY, Lynn Isobel resigned 2026-01-28; DOWNIE, Carole Linda resigned 2026-01-28

Similar companies

Active · Leisure & entertainment · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
FESTIVALS EDINBURGH LIMITED→ SC331673 · est 2007	£179.5k £139.6k–£219.4k	—	—	6	18y	86	70y
ALHAMBRA THEATRE TRUST→ SC345187 · est 2008 · no financials extracted	—	—	—	—	17y	83	77y
ARCHERFIELD & FIDRA GOLF COURSES LIMITED→ SC260327 · est 2003 · no financials extracted	—	—	—	—	22y	83	79y
ASSEMBLY THEATRE LIMITED→ SC092088 · est 1985	—	—	£185.5k	—	41y	83	78y
BRAID HILLS SHOP LIMITED→ SC177390 · est 1997 · no financials extracted	—	—	—	—	28y	83	70y
CHEEK BY JOWL THEATRE COMPANY LIMITED→ SC078954 · est 1982 · no financials extracted	—	—	—	—	43y	83	74y
CORRIES (MUSIC) LTD., THE→ SC056353 · est 1974	—	—	£2	—	51y	83	89y
DM AUDIO LIMITED→ SC245613 · est 2003	—	—	—	9	23y	83	61y
HISTORIC CHURCHES SCOTLAND→ SC162884 · est 1996 · no financials extracted	—	—	—	—	30y	83	77y
MAGNETIC NORTH THEATRE PRODUCTIONS LIMITED→ SC199210 · est 1999 · no financials extracted	—	—	—	—	26y	83	75y
RADICAL TRAVEL GROUP LIMITED→ SC136334 · est 1992 · no financials extracted	—	—	—	—	34y	83	61y
THE SCOTCH WHISKY HERITAGE CENTRE LIMITED→ SC100141 · est 1986 · no financials extracted	—	—	—	—	39y	83	77y

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

Typeprivate-limited-guarant-nsc

Incorporated1928-03-31

Jurisdictionscotland

Primary SIC93199 — Other sports activities

Registered office

6 Priestfield Road North

Edinburgh

EH16 5HS

Filing status

Accounts

Next due: 2026-06-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2026-10-14

Last: 2025-09-30

Officers (2 active · 110 resigned)

BLACKSTOCK, David→

director · ~74y · appointed 2022-01-26

View their other companies + combined net worth →

Active

GIBSON, Colin Henry Thomas→

director · ~73y · appointed 2024-01-17

View their other companies + combined net worth →

Active

ANTHONY, John→

secretary · appointed 2016-07-04 · resigned 2017-02-22

Resigned

ARCHIBALD, John Irvine→

secretary · appointed 2004-03-30 · resigned 2007-11-10

Resigned

COCKSEDGE, Brian Edward→

secretary · appointed 2003-12-15 · resigned 2007-01-23

Resigned

DILLON, Michael Douglas Andrew Gerald→

secretary · resigned 1995-03-31

Resigned

ELDER, John→

secretary · appointed 1995-04-01 · resigned 1995-12-31

Resigned

HALLEY, James→

secretary · appointed 2015-07-27 · resigned 2016-06-17

Resigned

KING, Carol Mary Donaldson→

secretary · appointed 2007-11-12 · resigned 2015-07-24

Resigned

MCLAUGHLAN, Liam→

secretary · appointed 2017-05-02 · resigned 2018-02-16

Resigned

ROBERTSON, Alan Stewart→

secretary · appointed 1996-03-04 · resigned 2003-09-05

Resigned

ABERNETHY, Lynn Isobel→

director · ~69y · appointed 2019-11-19 · resigned 2026-01-28

Resigned

ABERNETHY, Lynn Isobel→

director · ~69y · appointed 2003-01-27 · resigned 2006-08-21

Resigned

AITKEN, Douglas Munro Mcintosh→

director · ~86y · appointed 1990-12-18 · resigned 1996-12-17

Resigned

AITKEN, Laurence Mcintosh→

director · ~90y · appointed 1992-12-15 · resigned 1999-01-26

Resigned

ANDERSON, Edwin→

director · ~98y · appointed 1992-12-15 · resigned 1995-01-01

Resigned

ARCHIBALD, Ian→

director · ~78y · resigned 1989-09-30

Resigned

ARMSTRONG, William→

director · ~70y · appointed 2008-02-01 · resigned 2010-01-26

Resigned

BALLANTYNE, Graeme Stephen→

director · ~67y · appointed 2015-01-20 · resigned 2017-01-16

Resigned

BEARHOP, Aileen Douglas→

director · ~62y · appointed 2002-01-29 · resigned 2005-01-25

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:5 of 5 shown

		Type	Properties
outstanding	Mactaggart & Mickel Mactaggart & Mickel Limited	Standard security	1 property	23/03/2009	—
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Floating charge	1 property	10/06/2003	—
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	04/06/2003	—
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Bond & floating charge	1 property	01/03/1993	21/10/2003
outstanding	Scottish & Newcastle Breweries Scottish & Newcastle Breweries Limited	Standard security	1 property	24/11/1980	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (303 total)

termination-director-company-with-name-termination-date

officers · TM01

2026-04-26

termination-director-company-with-name-termination-date

officers · TM01

2026-04-26

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-11-13

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-06-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-10-19

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-06-25

appoint-person-director-company-with-name-date

officers · AP01

2024-01-30

appoint-person-director-company-with-name-date

officers · AP01

2024-01-30

termination-director-company-with-name-termination-date

officers · TM01

2024-01-29

termination-director-company-with-name-termination-date

officers · TM01

2024-01-29

memorandum-articles

incorporation · MA

2024-01-29

resolution

resolution · RESOLUTIONS

2024-01-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-11-08

resolution

resolution · RESOLUTIONS

2023-04-26

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-02-02