SALMON SCOTLAND LTD

🌳Matureactive

SC152347 · private-limited-guarant-nsc · incorporated 1994-08-02

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

—

year to Dec 2024

Net worth

£188.2k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Activities of business and employers membership organisations

Sector: Other service activities

Investor take

Pursue

Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -84% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 19.7y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 19.7 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Cashflow trend is negative — lender view likely cautious.

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

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

57 officers (8 active, 57 linked, 53 with DOB)

Ownership & PSC

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

Director network

17 connected companies via shared directors

Filing history

176 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £188,192

Cash draining

Cash down 84% YoY

Cash YoY

-84%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£33k

↓ 84% YoY

Net Worth

£188k

↑ 4.2% YoY

Current Assets

£251k

↓ 41% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Total assets	£188.2k	£180.5k
Current assets	£251.2k	£426.4k
Cash	£33.3k	£205.4k
Debtors	£217.9k	£221.0k
Net assets	£188.2k	£180.5k

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

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (128 events)Click to expand

2025-07-04
📄
accounts-with-accounts-type-small
accounts · AA
2025-07-01
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-04-01
➖
DEVERILL, James Ian, Dr resigned
director
2024-09-02
📄
accounts-with-accounts-type-small
accounts · AA
2024-03-27
➕
DEVERILL, James Ian, Dr appointed
director
2024-03-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-03-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-03-26
➖
MACINNES, Alexander resigned
director
2023-06-16
📄
accounts-with-accounts-type-small
accounts · AA
2023-05-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-04-20
➕
GRAHAM, Stewart appointed
director
2022-10-10
➖
BRADLEY, James Robert Gilpin resigned
director
2022-10-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-09-29
📄
accounts-with-accounts-type-small
accounts · AA
2022-05-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-04
➕
BERG, Jarl Van Den appointed
director
2022-05-04
➕
WILSON, Benjamin Sinclair appointed
director
2022-04-07
➕
MACINNES, Alexander appointed
director
2022-04-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-04-05
📄
memorandum-articles
incorporation · MA
2022-04-05
📄
resolution
resolution · RESOLUTIONS
2022-01-20
➖
CUMMING, Grant resigned
director
2022-01-20
➖
ELIASEN, Odd resigned
director
2022-01-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-01-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-01-19
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2021-04-13
📄
accounts-with-accounts-type-small
accounts · AA
2020-12-07
📍
move-registers-to-sail-company-with-new-address
address · AD03
2020-02-29
➖
SANDISON, David Alexander resigned
secretary
2020-01-31
➕
MAGUIRE, Simon Shaun appointed
director
2020-01-16
➕
ELIASEN, Odd appointed
director
2019-12-31
➖
DENTON, Alban Bede resigned
director
2019-12-30
➖
ANDERSON, Colin Craig resigned
director
2019-11-15
➕
DUNCAN, Atholl Scott appointed
director
2019-05-15
➕
CUMMING, Grant appointed
director
2017-05-10
➕
ANDERSON, Colin Craig appointed
director
2017-05-10
➖
COX, Susan Margaret resigned
director
2016-09-06
➖
ANDERSON, Colin Craig resigned
director
2016-09-06
➕
COX, Susan Margaret appointed
director
2016-01-13
➕
HADFIELD, Benjamin James appointed
director
2016-01-13
➖
SUTHERLAND, Alan George resigned
director
2015-11-17
➕
DENTON, Alban Bede appointed
director
2015-11-17
➖
JOY, Nick Hebden resigned
director
2015-11-17
➖
THOMAS, Phillip Charles, Prof resigned
director
2014-08-04
➕
BLAIR, Colin Ian appointed
director
2014-05-31
➖
BALFOUR, Alan John resigned
director
2014-05-31
➕
JOY, Nick Hebden appointed
director
2014-05-21
➕
ANDERSON, Colin Craig appointed
director

Showing most recent 50 of 128 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

-8 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 66 — succession pressure is live.

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 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 32 years old and no new directors in the last 3 years — succession not yet being planned internally.
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

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17 CAPITAL CO-INVEST LP→ SL007920 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
17C ECIP 2025 FEEDER LP→ SL037473 · est 2025 · no financials extracted	—	—	—	—	—	—	—
17CAPITAL (BERRY) LP→ SL033383 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
17CAPITAL (CREOLE) SCOTS LP→ SL037011 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
17CAPITAL (HOLDCO 1) LP→ SL036646 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
17CAPITAL (MADISON) SCOT LP→ SL036034 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
17CAPITAL (PHOENIX) SCOT LP→ SL035522 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
17CAPITAL (TRIO) SCOT CO-INVEST 3 LP→ SL035900 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
17CAPITAL 5 INVESTMENTS LP→ SL035235 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
17CAPITAL CF2 SCOTS SPV GP LLP→ SO307900 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
17CAPITAL CO-INVEST (E) SCOTS GP LLP→ SO308223 · est 2025 · no financials extracted	—	—	—	—	—	—	—
17CAPITAL CO-INVEST (E) SCOTS LP→ SL037676 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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

Typeprivate-limited-guarant-nsc

Incorporated1994-08-02

Jurisdictionscotland

Primary SIC94110 — Activities of business and employers membership organisations

Registered office

Salmon Scotland Ltd - Office 32 C/O Citibase

One St Colme Street

Edinburgh

EH3 6AA

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-09-08

Last: 2025-08-25