LAKESTREAM LIMITED

🌳Matureactive
SC183164 · ltd · incorporated 1998-02-20
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 7.1y old — refinance window within 12 months
🔒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: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pursue
Asset-holding vehicle with a 72-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 7.1y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 7.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (60/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
11 officers (5 active, 11 linked, 6 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
32 connected companies via shared directors
90
Filing history
94 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-09-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  3. 2024-12-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2024-12-13
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC as Security Agent
  5. 2024-11-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2023-11-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2022-11-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2022-10-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2022-10-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  10. 2022-10-07
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC as Security Agent
  11. 2022-09-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2022-09-03
    🔓
    Charge satisfied #1
  13. 2021-10-13
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2021-09-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2021-03-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2021-03-10
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  17. 2021-03-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2021-03-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2021-03-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2021-03-05
    ➕
    HIGHLAND AND UNIVERSAL SECURITIES LIMITED appointed
    corporate-secretary
  21. 2021-03-05
    ➕
    BERTHINUSSEN, John Douglas appointed
    director
  22. 2021-03-05
    ➕
    CUSITER, Calum Geoffrey appointed
    director
  23. 2021-03-05
    ➖
    DM COMPANY SERVICES LIMITED resigned
    corporate-secretary
  24. 2020-10-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  25. 2019-10-17
    📄
    accounts-with-accounts-type-small
    accounts · AA
  26. 2019-04-05
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC (As Security Agent)
  27. 2016-10-07
    ➕
    MACFIE, Andrew James appointed
    director
  28. 2011-07-15
    ➖
    COMMERCIAL LEGAL CENTRE resigned
    corporate-secretary
  29. 2011-07-15
    ➕
    DM COMPANY SERVICES LIMITED appointed
    corporate-secretary
  30. 2011-07-15
    ➖
    NAPIER, Alistair Graham resigned
    director
  31. 2007-01-01
    ➕
    COMMERCIAL LEGAL CENTRE appointed
    corporate-secretary
  32. 2006-12-31
    ➖
    KIPPEN CAMPBELL WS resigned
    corporate-secretary
  33. 1998-03-12
    ➕
    SOUTER, Brian, Sir appointed
    director
  34. 1998-03-12
    ➖
    REID, Brian resigned
    nominee-secretary
  35. 1998-03-12
    ➕
    KIPPEN CAMPBELL WS appointed
    corporate-secretary
  36. 1998-03-12
    ➖
    MABBOTT, Stephen resigned
    nominee-director
  37. 1998-03-12
    ➕
    NAPIER, Alistair Graham appointed
    director
  38. 1998-02-20
    🏢
    Company incorporated
    As LAKESTREAM LIMITED
  39. 1998-02-20
    ➕
    REID, Brian appointed
    nominee-secretary
  40. 1998-02-20
    ➕
    MABBOTT, Stephen appointed
    nominee-director

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
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

90/100
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 72 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 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.)

Group structure

Highland And Universal Securities Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Highland And Universal Securities Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
LAKESTREAM LIMITED
This company · SC183164

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Highland And Universal Securities Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

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 →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1998-02-20
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

Fourth Floor
68-70 George Street
Edinburgh
Midlothian
EH2 2LR
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-14
Last: 2025-09-30

Officers (5 active · 6 resigned)

HIGHLAND AND UNIVERSAL SECURITIES LIMITED→
corporate-secretary · appointed 2021-03-05
View their other companies + combined net worth →
Active
BERTHINUSSEN, John Douglas→
director · ~46y · appointed 2021-03-05
View their other companies + combined net worth →
Active
CUSITER, Calum Geoffrey→
director · ~46y · appointed 2021-03-05
View their other companies + combined net worth →
Active
MACFIE, Andrew James→
director · ~70y · appointed 2016-10-07
View their other companies + combined net worth →
Active
SOUTER, Brian, Sir→
director · ~72y · appointed 1998-03-12
View their other companies + combined net worth →
Active
REID, Brian→
nominee-secretary · appointed 1998-02-20 · resigned 1998-03-12
Resigned
COMMERCIAL LEGAL CENTRE→
corporate-secretary · appointed 2007-01-01 · resigned 2011-07-15
Resigned
DM COMPANY SERVICES LIMITED→
corporate-secretary · appointed 2011-07-15 · resigned 2021-03-05
Resigned
KIPPEN CAMPBELL WS→
corporate-secretary · appointed 1998-03-12 · resigned 2006-12-31
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1998-02-20 · resigned 1998-03-12
Resigned
NAPIER, Alistair Graham→
director · ~82y · appointed 1998-03-12 · resigned 2011-07-15
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC as Security Agent
A registered charge—13/12/2024—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC as Security Agent
A registered charge—07/10/2022—
satisfied
Lloyds Banking Group
Bank of Scotland PLC (As Security Agent)
A registered charge—05/04/201903/09/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (94 total)

accounts-with-accounts-type-small
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-09-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-20
accounts-with-accounts-type-small
accounts · AA
2024-11-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-09
accounts-with-accounts-type-small
accounts · AA
2023-11-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-03
accounts-with-accounts-type-small
accounts · AA
2022-11-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-10-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-10-14
mortgage-satisfy-charge-full
mortgage · MR04
2022-09-03
accounts-with-accounts-type-small
accounts · AA
2021-10-13
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-04