HIGHLAND THEOLOGICAL COLLEGE

🌳Matureactive

SC149728 · private-limited-guarant-nsc-limited-exemption · incorporated 1994-03-18

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

80/100

Exceptional

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What this business does

Primary activity: Post-secondary non-tertiary education

Sector: Education

ALSO REGISTERED FOR

85421First-degree level higher education
85422Post-graduate level higher education
85590Other education n.e.c.

Investor take

Pursue

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

Opportunity 80/100 (exceptional), bankability 67/100. 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 (45/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 26.5y

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

Data confidence

Overall: low (49/100)

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

Company profile

address, 4 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

66 officers (7 active, 66 linked, 62 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

1 connected companies via shared directors

Filing history

236 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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

• 1 confirmation-statement
• 1 officers

Last 90 days

filings

• 2 officers
• 1 confirmation-statement

Last 180 days

filings

• 3 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (150 events)Click to expand

2026-03-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-02-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-02-16
➕
SMITH, Stuart, Rev appointed
director
2026-02-16
➖
MACLEOD, Iain Alasdair, Rev resigned
director
2026-01-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-09-01
➖
MORRISON, Hector, The Reverend resigned
director
2025-07-09
📄
accounts-with-accounts-type-small
accounts · AA
2025-02-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-02-10
➖
MACKENZIE, Catherine resigned
director
2024-12-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-12-16
➕
HARPER, Marjory, Professor appointed
director
2024-11-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-09-23
➖
MACKENZIE, Donald Sween resigned
director
2024-04-22
📄
accounts-with-accounts-type-small
accounts · AA
2024-03-26
📄
change-person-director-company-with-change-date
officers · CH01
2023-04-17
📄
accounts-with-accounts-type-small
accounts · AA
2023-04-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-04-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-04-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-03-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-03-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-09-26
➕
MACPHERSON, Dugald appointed
director
2022-09-26
➕
MACLEOD, Iain Alasdair, Rev appointed
director
2022-06-13
➕
FRASER, Ian, Professor appointed
director
2022-06-13
➖
SMITH, Stuart James, Rev resigned
director
2022-04-22
➖
MCCARRELL, Moira Letitia resigned
director
2022-03-15
📄
accounts-with-accounts-type-small
accounts · AA
2021-05-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-05-13
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-04-26
➕
STEWART, Donald Duncan Fraser appointed
director
2021-04-26
➖
FRASER, David Ian resigned
director
2021-03-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-11-23
➕
ADAMSON, Steve, Dr appointed
director
2020-06-02
➖
FERGUSON, John Charles Allan, Rev Dr resigned
director
2019-06-17
➖
CHIRNSIDE, Peter Huett resigned
director
2019-06-17
➕
MACKENZIE, Catherine appointed
director
2019-06-17
➕
SMITH, Stuart James, Rev appointed
director
2019-04-29
➖
BALL, Adrianne, Dr resigned
director
2018-04-23
➖
RITCHIE, Bruce, Reverend Dr resigned
director
2018-04-23
➖
SILLARS, Andrea Margaret resigned
director
2018-02-05
➖
MARTIN, Donald Norman, Rev resigned
director
2016-11-28
➕
MARTIN, Donald Norman, Rev appointed
director
2016-11-18
➖
VERNAL, Lewis John Forbes resigned
secretary
2016-02-01
➕
BALL, Adrianne, Dr appointed
director
2016-02-01
➕
CHIRNSIDE, Peter Huett appointed
director
2016-02-01
➕
MCCARRELL, Moira Letitia appointed
director
2015-09-14
➕
MACKENZIE, Donald Sween appointed
director
2015-04-27
➖
BARRON, Alexander resigned
director
2015-04-27
➖
MACIVER, Norman, Rev Dr resigned
director
2015-04-27
➖
MACKENZIE, Gavin resigned
director

Showing most recent 50 of 150 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

-7 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 75 — 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 75 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 17 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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: MACLEOD, Iain Alasdair, Rev resigned 2026-02-16; MORRISON, Hector, The Reverend resigned 2025-09-01

🔒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 · Education & training · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CIVIL DEFENCE & EMERGENCY SERVICE PRESERVATION TRUST→ SC198519 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
CULTARLANN INBHIR NIS→ SC653865 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
GILLIAN HOBAN MAKE UP LTD→ SC862826 · est 2025 · no financials extracted	—	—	—	—	—	—	—
HMAC MMA LTD→ SC866836 · est 2025 · no financials extracted	—	—	—	—	—	—	—
JACK 'N' JILL PRE SCHOOL CENTRE LIMITED→ SC322782 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
KIERAN J AULD DRUMS LTD→ SC738735 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
KNIGHT ARTHUR EDUCATION LTD→ SC726664 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
MORAY DRIVING SCHOOL LTD→ SC361142 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
MORAY GYMNASTICS LTD→ SC855617 · est 2025 · no financials extracted	—	—	—	—	—	—	—
MOSSOM LIMITED→ SC389488 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
NANSEN HIGHLAND→ SC191841 · est 1998 · no financials extracted	—	—	—	—	27y	—	—
NATURALLY USEFUL CIC→ SC509200 · est 2015 · no financials extracted	—	—	—	—	10y	—	—

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-limited-exemption

Incorporated1994-03-18

Jurisdictionscotland

Primary SIC85410 — Post-secondary non-tertiary education

Registered office

High Street

Dingwall

Ross Shire

IV15 9HA

Filing status

Accounts

Next due: 2026-04-30

Last made up to: 2024-07-31

Confirmation statement

Next due: 2027-03-29

Last: 2026-03-15