ARRAN SPORTS ASSOCIATION

🌳Matureactive
SC158915 · private-limited-guarant-nsc-limited-exemption · incorporated 1995-06-29
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 29.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2024
Net worth
£66.2k
book net assets
Opportunity
73/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Operation of sports facilities
Sector: Arts, entertainment & recreation
Investor take
Special-situation opportunity
Distressed leisure with salvageable qualities — special-situations priority.

Opportunity 73/100 (strong), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

1 live charge · oldest 29.3y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 29.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
17 officers (4 active, 17 linked, 14 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
95 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review 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 £66,183
Net assets shrinking
Down £5,608 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£66k
↓ 7.8% YoY
Current Assets
£45k
↓ 9.2% YoY
Current Liabilities
£0£14k£29k£43k£57k£72kJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-302023-06-30
Total assets£66.2k£71.8k
Current assets£45.3k£49.8k
Net assets£66.2k£71.8k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
  1. 2024-09-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2023-10-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-02-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2021-09-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2020-08-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2019-08-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2018-11-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2018-08-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-08-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-07-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2017-07-10
    INGHAM, Andrew Timothy appointed
    director
  12. 2016-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2016-07-15
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  14. 2015-11-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2015-08-20
    📄
    memorandum-articles
    incorporation · MA
  16. 2015-07-15
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2015-07-11
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  18. 2014-01-01
    INGHAM, Andrew Timothy resigned
    director
  19. 2006-01-21
    CURRIE, Charles Colin Macleod resigned
    director
  20. 2006-01-11
    BOAL, Murray John appointed
    director
  21. 2005-12-01
    THOMSON, Sarah Elisabeth resigned
    director
  22. 2005-11-01
    SMITH, Brian James appointed
    secretary
  23. 2005-11-01
    SMITH, Brian James appointed
    director
  24. 2005-11-01
    DOBSON, Alastair Mathew resigned
    secretary
  25. 2005-11-01
    DOBSON, Alastair Mathew resigned
    director
  26. 2005-11-01
    FRAME, Iain Fleming resigned
    director
  27. 2005-11-01
    INGHAM, Andrew Timothy appointed
    director
  28. 2005-11-01
    JOHNSTON, Alan Iain resigned
    director
  29. 2005-11-01
    ROBERTSON, Brian Malcolm resigned
    director
  30. 2005-09-21
    DICKIE, William Loos resigned
    director
  31. 2002-09-09
    LOGAN, Janet resigned
    director
  32. 1998-06-15
    SMALL, Ian James resigned
    director
  33. 1996-12-20
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  34. 1996-08-01
    DOBSON, Alastair Mathew appointed
    secretary
  35. 1996-08-01
    FRAME, Iain Fleming appointed
    director
  36. 1995-07-03
    CURRIE, Charles Colin Macleod appointed
    director
  37. 1995-07-03
    DICKIE, William Loos appointed
    director
  38. 1995-07-03
    DOBSON, Alastair Mathew appointed
    director
  39. 1995-07-03
    JOHNSTON, Alan Iain appointed
    director
  40. 1995-07-03
    LOGAN, Janet appointed
    director
  41. 1995-07-03
    ROBERTSON, Brian Malcolm appointed
    director
  42. 1995-07-03
    SMALL, Ian James appointed
    director
  43. 1995-07-03
    THOMSON, Sarah Elisabeth appointed
    director
  44. 1995-06-29
    🏢
    Company incorporated
    As ARRAN SPORTS ASSOCIATION
  45. 1995-06-29
    REID, Brian appointed
    nominee-secretary
  46. 1995-06-29
    REID, Brian resigned
    nominee-secretary
  47. 1995-06-29
    MABBOTT, Stephen appointed
    nominee-director
  48. 1995-06-29
    MABBOTT, Stephen resigned
    nominee-director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

75/100
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 65. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 31 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Kenneth John Morrison
Individual · British · DOB 07/1950 · age 76
sig. influencesignificant influence01/04/2018

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒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 · KA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
147 FUNCTIONAL FITNESS LTD.
SC774187 · est 2023 · no financials extracted
2y
AAROSH LIMITED
SC556181 · est 2017 · no financials extracted
9y
ABSOLUTE EVENT MANAGEMENT LIMITED
SC234121 · est 2002 · no financials extracted
23y
ALISON GARVEN PRIVATE TRAVEL LIMITED
SC644524 · est 2019 · no financials extracted
6y
ALPACAS OF SCOTLAND EXPERIENCE LTD
SC818180 · est 2024 · no financials extracted
1y
AMIGO LEISURE LTD
SC623292 · est 2019 · no financials extracted
7y
ARDEERPROMRUN LTD
SC877479 · est 2026 · no financials extracted
ARDROSSAN WINTON ROVERS CIC
SC626277 · est 2019 · no financials extracted
7y
ATLANTA LIMITED
SC261172 · est 2003 · no financials extracted
22y
AYR & DISTRICT FLOWER SHOW
SC565106 · est 2017 · no financials extracted
8y
AYR RUGBY FOOTBALL CLUB LIMITED
SC720032 · est 2022 · no financials extracted
4y
AYR UNITED FOOTBALL ACADEMY LIMITED
SC294025 · est 2005 · no financials extracted
20y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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-limited-exemption
Incorporated1995-06-29
Jurisdictionscotland
Primary SIC93110 — Operation of sports facilities

Registered office

Ormidale Sports Ground & Pavilli
On, Shore Road
Brodick
Isle Of Arran
KA27 8DA

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-07-13
Last: 2025-06-29

Officers (4 active · 13 resigned)

SMITH, Brian James
secretary · appointed 2005-11-01
View their other companies + combined net worth →
Active
BOAL, Murray John
director · ~62y · appointed 2006-01-11
View their other companies + combined net worth →
Active
INGHAM, Andrew Timothy
director · ~64y · appointed 2017-07-10
View their other companies + combined net worth →
Active
SMITH, Brian James
director · ~65y · appointed 2005-11-01
View their other companies + combined net worth →
Active
DOBSON, Alastair Mathew
secretary · appointed 1996-08-01 · resigned 2005-11-01
Resigned
REID, Brian
nominee-secretary · appointed 1995-06-29 · resigned 1995-06-29
Resigned
CURRIE, Charles Colin Macleod
director · ~75y · appointed 1995-07-03 · resigned 2006-01-21
Resigned
DICKIE, William Loos
director · ~97y · appointed 1995-07-03 · resigned 2005-09-21
Resigned
DOBSON, Alastair Mathew
director · ~63y · appointed 1995-07-03 · resigned 2005-11-01
Resigned
FRAME, Iain Fleming
director · ~75y · appointed 1996-08-01 · resigned 2005-11-01
Resigned
INGHAM, Andrew Timothy
director · ~64y · appointed 2005-11-01 · resigned 2014-01-01
Resigned
JOHNSTON, Alan Iain
director · ~62y · appointed 1995-07-03 · resigned 2005-11-01
Resigned
LOGAN, Janet
director · ~67y · appointed 1995-07-03 · resigned 2002-09-09
Resigned
MABBOTT, Stephen
nominee-director · ~76y · appointed 1995-06-29 · resigned 1995-06-29
Resigned
ROBERTSON, Brian Malcolm
director · ~62y · appointed 1995-07-03 · resigned 2005-11-01
Resigned
SMALL, Ian James
director · ~72y · appointed 1995-07-03 · resigned 1998-06-15
Resigned
THOMSON, Sarah Elisabeth
director · ~68y · appointed 1995-07-03 · resigned 2005-12-01
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property20/12/1996
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (95 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-01
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-04
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2018-11-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-08-20