TONG RECREATION ASSOCIATION
Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
Data confidence
Overall: medium (69/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £236.4k | £241.7k |
| Current assets | £124.1k | £125.6k |
| Cash | £120.4k | £123.1k |
| Debtors | £3.7k | £2.5k |
| Net assets | £236.4k | £241.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 signals 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
Corporate timeline (83 events)Click to expand
- 2025-07-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-11-21➖LAMONT SMITH, Kathryn resigneddirector
- 2023-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-29📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-07-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-06-29➖MACDONALD, Norman resigneddirector
- 2022-06-29➖MURRAY, Donald Gillies resigneddirector
- 2022-06-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-18➖FRASER, Colm resigneddirector
- 2021-07-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-06-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-02-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-02-01➖SMITH, Eilidh Cameron resigneddirector
- 2020-02-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-11-27➕LAMONT SMITH, Kathryn appointeddirector
- 2019-02-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-02-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-01-29➕GRIEVE, Robert Scott appointeddirector
- 2018-12-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-12-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-11-27➖CRICHTON, Lilian resigneddirector
- 2018-11-26➕MACDONALD, Isobel Ann appointeddirector
- 2018-04-20➖GRANT, Ishbel resigneddirector
- 2018-01-30➖COOK, Derek David William resigneddirector
- 2017-10-22➖MACDONALD, Fiona resigneddirector
- 2017-10-20➖MURRAY, Donna Christine resigneddirector
- 2017-09-01➖HILTON, Helen resignedsecretary
- 2017-05-30➖MANSFIELD, Hazel Glenys resigneddirector
- 2017-05-26➖BAYFIELD, Sarah resigneddirector
- 2016-02-02➖MACLEOD, Donna resigneddirector
- 2015-11-06➕MANSFIELD, Hazel Glenys appointeddirector
- 2015-11-05➕HILTON, Helen appointedsecretary
- 2015-11-05➖MACDERMID, Martine Anne resignedsecretary
- 2015-11-05➕COOK, Derek David William appointeddirector
- 2015-11-05➕CRICHTON, Lilian appointeddirector
- 2014-11-20➕GRANT, Ishbel appointeddirector
- 2014-11-20➕MACDONALD, Fiona appointeddirector
- 2014-02-01➖FINLAYSON, John Alexander Murray resigneddirector
- 2014-02-01➕MACDONALD, Norman appointeddirector
- 2014-02-01➕MACLEOD, Donna appointeddirector
- 2014-02-01➕MURRAY, Donald Gillies appointeddirector
- 2014-02-01➕MURRAY, Donna Christine appointeddirector
- 2013-11-14➖MACDONALD, Catherine Mary resigneddirector
- 2013-11-14➖MACDONALD, Gordon resigneddirector
- 2013-11-14➖MOODY, George Annison Joseph resigneddirector
- 2013-11-14➖SINCLAIR, Iain Murray resigneddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
cleanSimilar companies
Active · Other · HS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| COIMHEARSNACHD BHARRAIDH AGUS BHATARSAIDH (BARRA AND VATERSAY COMMUNITY) LTD→ SC285873 · est 2005 · no financials extracted | — | — | — | — | 20y | 81 | 70y |
| LEWIS AND HARRIS YOUTH CLUBS ASSOCIATION→ SC261004 · est 2003 | — | — | £419.5k | — | 22y | 81 | 74y |
| SHAWBOST OLD SCHOOL TRUST→ SC259718 · est 2003 | — | — | £497.6k | — | 22y | 81 | 78y |
| THE ERISORT TRUST→ SC218660 · est 2001 | — | — | £92.5k | — | 24y | 81 | 78y |
| URACHADH - UIBHIST→ SC160308 · est 1995 | — | — | £177.8k | — | 30y | 81 | 83y |
| 8TH INTERNATIONAL CELTIC FILM FESTIVAL (THE)→ SC100975 · est 1986 | — | — | £13.6k | — | 39y | 80 | 88y |
| HEBRIDEAN LIMITED→ SC278288 · est 2005 | — | — | £1 | — | 21y | 80 | 67y |
| BERNERAY DEVELOPMENT GROUP→ SC238574 · est 2002 | — | — | £5.6k | — | 23y | 79 | 79y |
| BHALTOS COMMUNITY TRUST LIMITED→ SC192001 · est 1998 | — | — | £208.6k | — | 27y | 79 | 79y |
| HORSHADER COMMUNITY DEVELOPMENT→ SC277276 · est 2004 · no financials extracted | — | — | — | — | 21y | 79 | 64y |
| KEOSE GLEBE ESTATE LIMITED→ SC522367 · est 2015 | — | — | £10.7k | — | 10y | 79 | 80y |
| LEWIS TYRE SERVICE LIMITED→ SC100369 · est 1986 | — | — | £31.8k | — | 39y | 79 | 59y |
6 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 →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
Registered office
Filing status
Officers (3 active · 31 resigned)
Click a director name to see their full track record across all companies.