INSTITUTE OF CONTEMPORARY SCOTLAND

⚰️Wound downconverted-closed
SC213153 · converted-or-closed · incorporated 2000-11-24
Investment thesis
Company converted closed — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Other publishing activities
Sector: Information & communication
ALSO REGISTERED FOR
  • 85520Cultural education
Investor take
Pursue
Unclear. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

Data confidence

Overall: low (49/100)

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

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
46 officers (7 active, 46 linked, 40 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
5 connected companies via shared directors
60
Filing history
110 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
85
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (112 events)Click to expand
  1. 2015-01-16
    📄
    resolution
    resolution · RESOLUTIONS
  2. 2015-01-16
    🏁
    Company dissolved
  3. 2014-10-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2014-09-29
    HUMES, Walter, Professor appointed
    director
  5. 2014-09-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  6. 2014-09-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2014-08-21
    ROY, Kenneth Alfred appointed
    director
  8. 2014-07-09
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  9. 2013-09-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2013-07-05
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  11. 2012-09-14
    📄
    appoint-person-director-company-with-name
    officers · AP01
  12. 2012-09-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2012-09-10
    GALT, Rose Ann appointed
    director
  14. 2012-08-08
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  15. 2012-06-04
    📄
    termination-director-company-with-name
    officers · TM01
  16. 2012-04-01
    REID, Eileen resigned
    director
  17. 2012-02-03
    📄
    appoint-person-director-company-with-name
    officers · AP01
  18. 2012-01-26
    REID, Eileen appointed
    director
  19. 2011-12-16
    📄
    termination-director-company-with-name
    officers · TM01
  20. 2011-11-29
    MILLAR, Barbara resigned
    director
  21. 2011-10-25
    📄
    resolution
    resolution · RESOLUTIONS
  22. 2011-10-14
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  23. 2011-10-14
    📄
    termination-director-company-with-name
    officers · TM01
  24. 2011-10-12
    FISHER, Thomas Alan resigned
    director
  25. 2011-09-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  26. 2011-09-06
    📄
    appoint-person-director-company-with-name
    officers · AP01
  27. 2011-08-29
    GALLAGHER, James Young appointed
    director
  28. 2011-07-27
    📄
    auditors-resignation-company
    auditors · AUD
  29. 2011-07-01
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  30. 2011-01-20
    📄
    appoint-person-director-company-with-name
    officers · AP01
  31. 2011-01-17
    📄
    appoint-person-director-company-with-name
    officers · AP01
  32. 2011-01-17
    📄
    termination-director-company-with-name
    officers · TM01
  33. 2011-01-10
    MILLAR, Barbara appointed
    director
  34. 2010-11-15
    MCLEOD, Islay Isobel appointed
    director
  35. 2010-11-15
    ROY, Kenneth Alfred resigned
    director
  36. 2010-09-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  37. 2010-06-16
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  38. 2009-05-13
    FISHER, Thomas Alan appointed
    director
  39. 2009-05-11
    MCLEOD, Islay Isobel appointed
    secretary
  40. 2009-05-11
    NORTH, Michael James, Dr resigned
    secretary
  41. 2009-05-11
    NORTH, Michael James, Dr resigned
    director
  42. 2008-12-04
    RANSFORD, Tessa Mary, Dr resigned
    director
  43. 2008-03-13
    MACDONALD, Fiona Catherine appointed
    director
  44. 2007-10-05
    NORTH, Michael James, Dr appointed
    secretary
  45. 2007-08-31
    LENNON, Margaret Mitchell resigned
    secretary
  46. 2007-08-31
    LENNON, Margaret Mitchell resigned
    director
  47. 2007-08-08
    NORTH, Michael James, Dr appointed
    director
  48. 2007-05-12
    GALT, Rose Ann resigned
    director
  49. 2007-05-12
    RANSFORD, Tessa Mary, Dr appointed
    director
  50. 2006-12-03
    REID, Gavin Clydesdale, Professor resigned
    director
Showing most recent 50 of 112 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
  • -6 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 89 — succession pressure is live.

Succession & seller-readiness

83/100
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 89 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 25 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 →

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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

Statusconverted-closed
Typeconverted-or-closed
Incorporated2000-11-24
Jurisdictionscotland
Primary SIC58190 — Other publishing activities

Registered office

Glasgow Prestwick Intnl Airport
Liberator House, Suite 216
Prestwick
Ayrshire
KA9 2PT

Filing status

Accounts
Next due:
Last made up to: 2013-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 39 resigned)

MCLEOD, Islay Isobel
secretary · appointed 2009-05-11
View their other companies + combined net worth →
Active
GALLAGHER, James Young
director · ~88y · appointed 2011-08-29
View their other companies + combined net worth →
Active
GALT, Rose Ann
director · ~89y · appointed 2012-09-10
View their other companies + combined net worth →
Active
HUMES, Walter, Professor
director · ~81y · appointed 2014-09-29
View their other companies + combined net worth →
Active
MACDONALD, Fiona Catherine
director · ~68y · appointed 2008-03-13
View their other companies + combined net worth →
Active
MCLEOD, Islay Isobel
director · ~45y · appointed 2010-11-15
View their other companies + combined net worth →
Active
ROY, Kenneth Alfred
director · ~81y · appointed 2014-08-21
View their other companies + combined net worth →
Active
HUTTON, Alasdair Henry
secretary · appointed 2001-04-01 · resigned 2002-10-09
Resigned
LENNON, Margaret Mitchell
secretary · appointed 2002-10-22 · resigned 2007-08-31
Resigned
MACDONALD, Fiona Catherine
secretary · appointed 2001-02-07 · resigned 2001-03-31
Resigned
NORTH, Michael James, Dr
secretary · appointed 2007-10-05 · resigned 2009-05-11
Resigned
TURCAN CONNELL WS
corporate-secretary · appointed 2000-11-24 · resigned 2001-01-23
Resigned
ANDERSON, Robert Scott
director · ~69y · appointed 2000-11-24 · resigned 2001-01-18
Resigned
ARSHAD, Rowena
director · ~66y · appointed 2004-08-31 · resigned 2005-09-15
Resigned
BALFOUR, Alastair Lindsay
director · ~79y · appointed 2000-11-24 · resigned 2001-01-18
Resigned
BRENNAN, Louise Pauline
director · ~52y · appointed 2005-11-01 · resigned 2006-09-05
Resigned
BRUCE, Andrew
director · ~80y · appointed 2002-01-08 · resigned 2002-10-10
Resigned
BUCHANAN, Michele Brigette
director · ~48y · appointed 2004-03-30 · resigned 2004-08-31
Resigned
CAMPBELL, Angus Peter
director · ~74y · appointed 2003-12-01 · resigned 2006-04-10
Resigned
CONNELL, Douglas Andrew
director · ~72y · appointed 2000-11-24 · resigned 2001-01-18
Resigned

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

Recent filings (110 total)

resolution
resolution · RESOLUTIONS
2015-01-16
appoint-person-director-company-with-name-date
officers · AP01
2014-10-02
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-09-22
appoint-person-director-company-with-name-date
officers · AP01
2014-09-04
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2014-07-09
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-09-20
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2013-07-05
appoint-person-director-company-with-name
officers · AP01
2012-09-14
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-09-12
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2012-08-08
termination-director-company-with-name
officers · TM01
2012-06-04
appoint-person-director-company-with-name
officers · AP01
2012-02-03
termination-director-company-with-name
officers · TM01
2011-12-16
resolution
resolution · RESOLUTIONS
2011-10-25
change-registered-office-address-company-with-date-old-address
address · AD01
2011-10-14