SCOTTISH NATIONAL MEMORIAL TO DAVID LIVINGSTONE TRUST

🌳Matureactive

SC016172 · private-limited-guarant-nsc · incorporated 1930-10-20

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

—

not disclosed

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Museum activities

Sector: Arts, entertainment & recreation

ALSO REGISTERED FOR

91030Operation of historical sites and buildings and similar visitor attractions

Investor take

Pursue

Active trading company with a 75-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 57/100. Strong seller-intent signal (63/100, director aged 75). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 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 · 3 lenders · oldest 8.5y

35/100

too messy

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

· Oldest live charge is 8.5 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 38/100 — workable, but lender will want more DD.

Data confidence

Overall: low (51/100)

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

Company profile

address, 2 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

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

Directors & officers

73 officers (11 active, 73 linked, 48 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

11 connected companies via shared directors

Filing history

174 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

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.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 officers

Counts from Companies House filing history.

Corporate timeline (122 events)Click to expand

2025-11-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-10-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-08-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-01-01
➕
LOWSON, Sandra Ford appointed
director
2024-12-31
➖
ALLEN, Stephen Charles resigned
director
2024-10-03
📄
accounts-with-accounts-type-small
accounts · AA
2024-09-30
➕
WILSON, David Hubert Livingstone, Dr appointed
director
2024-04-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-04-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-03-31
➖
MCLEAN, Miller Roy resigned
director
2024-01-26
➖
MCCRINDLE, Brian resigned
director
2023-12-04
📄
memorandum-articles
incorporation · MA
2023-12-04
📄
resolution
resolution · RESOLUTIONS
2023-10-16
📄
accounts-with-accounts-type-small
accounts · AA
2023-08-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-08-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-05-09
➕
ALLEN, Stephen Charles appointed
director
2023-05-09
➖
MACKENZIE, Grant William resigned
director
2022-09-27
📄
accounts-with-accounts-type-small
accounts · AA
2022-09-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-09-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-09-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-08-29
➕
COOPER, Margaret Boyd, Provost appointed
director
2022-08-29
➕
MURDOCH, Stewart Macleod appointed
director
2022-08-29
➖
MURDOCH, Elspeth Jean resigned
director
2022-08-12
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-06-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-06-06
➖
MCALLAN, Ian, Provost resigned
director
2022-03-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-12-30
📄
accounts-with-accounts-type-small
accounts · AA
2021-11-22
➖
FIRTH, Alastair James resigned
director
2021-11-22
➕
MACKENZIE, Grant William appointed
director
2021-01-25
➕
MCCRINDLE, Brian appointed
director
2021-01-22
➖
FRAME, David Stuart resigned
secretary
2020-10-23
➕
MATEMBA, Yonah, Dr appointed
director
2020-08-31
➖
NORRIS, Ken resigned
director
2020-07-10
➕
SIMPSON, Kathryn Caroline Susan, Dr appointed
director
2019-08-26
➖
BROWN, David Gillespie resigned
director
2019-08-26
➖
LIVINGSTONE, Ian Lang resigned
director
2019-03-29
🔒
Charge registered #5
Lender: Architectural Heritage Fund
2019-03-29
🔒
Charge registered #4
Lender: Historic Environment Scotland
2019-03-29
🔒
Charge registered #3
Lender: Historic Environment Scotland
2018-09-26
➕
HAUGHEY, Susan, Lady appointed
director
2018-06-12
🔒
Charge registered #2
Lender: The Trustees of the National Heritage Memorial Fund
2018-06-05
🔓
Charge satisfied #1
2018-05-03
➖
AULD, Alasdair resigned
director
2018-05-03
➕
BROWN, David Gillespie appointed
director
2018-05-03
➕
FIRTH, Alastair James appointed
director

Showing most recent 50 of 122 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

-11 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 75 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
primary20+ year tenure: Director in role 30 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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

🔒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 GYM GLASGOW LTD→ SC793579 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
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	—	—
ARENA SPORTS MANAGEMENT LIMITED→ SC224314 · est 2001 · no financials extracted	—	—	—	—	24y	—	—
ARLENE GRANT TRAVEL LTD→ SC856680 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ART OF ENGRAVING LTD→ SC647644 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
ARTISTES INTERNATIONAL MANAGEMENT LIMITED→ SC415405 · est 2012 · no financials extracted	—	—	—	—	14y	—	—
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	—	—

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.

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Company details

Statusactive

Typeprivate-limited-guarant-nsc

Incorporated1930-10-20

Jurisdictionscotland

Primary SIC91020 — Museum activities

Registered office

David Livingstone Centre 165 Station Road

Blantyre

Glasgow

G72 9BY

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-07-17

Last: 2025-07-03