HOUSTON OLD SCHOOL TRUST

🌳Matureactive
SC142995 · private-limited-guarant-nsc-limited-exemption · incorporated 1993-03-02
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
79/100
Strong
🔔
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What this business does
Primary activity: Operation of arts facilities
Sector: Arts, entertainment & recreation
Investor take
Pursue
Active trading company with a 90-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 90). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: low (48/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
8 officers (3 active, 8 linked, 5 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
82 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-09-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-09-03
    ➕
    MCBEATH, James appointed
    director
  5. 2024-01-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-02-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2023-02-10
    ➖
    MELROSE, John Mitchell resigned
    director
  8. 2023-01-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-07-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2021-07-28
    ➕
    MATHESON, Angus appointed
    director
  12. 2020-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-10-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-10-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-08-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2016-11-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-03-04
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  18. 2016-01-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 1997-12-02
    ➖
    MCALISTER, Peter resigned
    director
  20. 1997-12-02
    ➕
    MELROSE, John Mitchell appointed
    director
  21. 1993-03-02
    🏢
    Company incorporated
    As HOUSTON OLD SCHOOL TRUST
  22. 1993-03-02
    ➕
    MATHESON, Angus appointed
    secretary
  23. 1993-03-02
    ➕
    REID, Brian appointed
    nominee-secretary
  24. 1993-03-02
    ➖
    REID, Brian resigned
    nominee-secretary
  25. 1993-03-02
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  26. 1993-03-02
    ➖
    MABBOTT, Stephen resigned
    nominee-director
  27. 1993-03-02
    ➕
    MCALISTER, Peter appointed
    director
  28. 1993-03-02
    ➕
    REID, Brian appointed
    nominee-director
  29. 1993-03-02
    ➖
    REID, Brian resigned
    nominee-director

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 90 — 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 90 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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 →

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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.

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Company details

Statusactive
Typeprivate-limited-guarant-nsc-limited-exemption
Incorporated1993-03-02
Jurisdictionscotland
Primary SIC90040 — Operation of arts facilities

Registered office

The Carrick Centre
Main Street
Houston
PA6 7EL

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-16
Last: 2026-03-02

Officers (3 active · 5 resigned)

MATHESON, Angus→
secretary · appointed 1993-03-02
View their other companies + combined net worth →
Active
MATHESON, Angus→
director · ~80y · appointed 2021-07-28
View their other companies + combined net worth →
Active
MCBEATH, James→
director · ~90y · appointed 2024-09-03
View their other companies + combined net worth →
Active
REID, Brian→
nominee-secretary · appointed 1993-03-02 · resigned 1993-03-02
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1993-03-02 · resigned 1993-03-02
Resigned
MCALISTER, Peter→
director · ~84y · appointed 1993-03-02 · resigned 1997-12-02
Resigned
MELROSE, John Mitchell→
director · ~92y · appointed 1997-12-02 · resigned 2023-02-10
Resigned
REID, Brian→
nominee-director · appointed 1993-03-02 · resigned 1993-03-02
Resigned

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

Recent filings (82 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-24
appoint-person-director-company-with-name-date
officers · AP01
2024-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-08
termination-director-company-with-name-termination-date
officers · TM01
2023-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-15
appoint-person-director-company-with-name-date
officers · AP01
2021-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-19