FRIENDS OF THE HOY KIRK

🌳Matureactive

SC253642 · private-limited-guarant-nsc-limited-exemption · incorporated 2003-08-01

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 20.2y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Performing arts

Sector: Arts, entertainment & recreation

ALSO REGISTERED FOR

90030Artistic creation
91020Museum activities
94910Activities of religious organisations

Investor take

Pursue

Active trading company with a 75-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 75). Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 20.2y

65/100

clean up first

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

· Oldest live charge is 20.2 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 38/100 — workable, but lender will want more DD.

Data confidence

Overall: low (47/100)

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

Company profile

address, 4 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

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

Directors & officers

42 officers (11 active, 42 linked, 33 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

135 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (95 events)Click to expand

2025-12-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-08-25
➕
STOCKAN, James appointed
director
2025-08-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-08-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-08-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-23
➖
CLARK, Evelyn Avril resigned
director
2025-07-23
➖
CLARK, Jeffrey resigned
director
2025-07-21
➖
THOMSON, Magnus Olaf resigned
director
2024-08-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-08-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-08-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-08-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-07-27
➖
BULMER, Ronald resigned
director
2024-07-27
➖
THOMSON, Helen Elizabeth resigned
director
2024-06-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-26
➕
TRAFFORD, Andrew, Committee Member appointed
director
2024-04-24
➕
TRAFFORD, Louise, Committee Member appointed
director
2023-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-08-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-07-29
➕
CLARK, Dawn appointed
director
2022-07-29
➖
THOMSON, Rachel resigned
director
2021-09-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-08-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-08-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-08-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-08-04
📄
change-person-secretary-company-with-change-date
officers · CH03
2021-07-30
➕
BESANT, Mabel Jane appointed
director
2021-07-30
➕
THOMSON, Olivia appointed
director
2021-07-30
➖
RENDALL, Dorothy Anne resigned
director
2021-07-30
➖
THOMSON, Keith Douglas resigned
director
2019-10-04
➕
TALBOT, Iain Thomas appointed
secretary
2019-10-04
➖
THOMSON, Helen Elizabeth resigned
secretary
2018-09-07
➕
CLARK, Fay appointed
director
2018-09-07
➕
THOMSON, Helen Elizabeth appointed
secretary
2018-09-07
➖
THOMSON, Olivia Jean resigned
secretary
2018-09-07
➖
THOMSON, Olivia Jean resigned
director
2018-09-07
➕
THOMSON, Rachel appointed
director
2017-09-01
➖
CLARK, Catherine Isabella resigned
director
2017-08-11
➕
BULMER, Ronald appointed
director
2017-08-11
➕
RENDALL, Dorothy Anne appointed
director
2017-08-11
➕
THOMSON, Helen Elizabeth appointed
director
2017-08-11
➕
THOMSON, Keith Douglas appointed
director
2016-08-31
➖
MACKINNON, Donald Johnston, Dr resigned
director
2016-08-31
➖
MACKINNON, Margaret Ann Sinclair resigned
director
2015-07-01
➖
SINCLAIR, Pearl Macdonald resigned
director
2014-07-11
➕
MACKINNON, Donald Johnston, Dr appointed
director

Showing most recent 50 of 95 events

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-10 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 75 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 70+: Senior director is approximately 75 years old. Natural succession window is now.
primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·

3 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: CLARK, Evelyn Avril resigned 2025-07-23; CLARK, Jeffrey resigned 2025-07-23; THOMSON, Magnus Olaf resigned 2025-07-21

Similar companies

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Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ORKNEY FOSSIL & VINTAGE CENTRE→ SC211372 · est 2000 · no financials extracted	—	—	—	—	25y	83	87y
GABLE END THEATRE CO. LTD.→ SC212235 · est 2000 · no financials extracted	—	—	—	—	25y	81	76y
HELMSDALE HERITAGE AND ARTS SOCIETY→ SC096873 · est 1986 · no financials extracted	—	—	—	—	40y	81	71y
INNESWICK LIMITED→ SC138565 · est 1992	—	—	£1.05M	—	33y	80	80y
THE WICK SOCIETY→ SC261521 · est 2004 · no financials extracted	—	—	—	—	22y	80	80y
CAITHNESS AUTOCROSS CLUB LTD→ SC504067 · est 2015	—	—	£5.3k	—	11y	79	60y
LAMB HOLM ENTERPRISES LIMITED→ SC516508 · est 2015	—	—	£411.8k	—	10y	79	79y
DUNROBIN SPORTING LTD→ SC491965 · est 2014	—	—	£139.8k	—	11y	78	64y
CAITHNESS CAR CLUB LIMITED→ SC089777 · est 1984 · no financials extracted	—	—	—	—	41y	—	—
KAYAKING ADVENTURES LIMITED→ SC787068 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ORKNEY RFC TRADING CO LTD→ SC843003 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
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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 →

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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.

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Company details

Statusactive

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated2003-08-01

Jurisdictionscotland

Primary SIC90010 — Performing arts

Registered office

Creel Cottage Orphir

Breck

Orkney

KW17 2RD

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-08-17

Last: 2025-08-03