THE WICK SOCIETY

🌳Matureactive

SC261521 · private-limited-guarant-nsc-limited-exemption · incorporated 2004-01-07

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 14.6y 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: Operation of historical sites and buildings and similar visitor attractions

Sector: Arts, entertainment & recreation

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 14.6y

65/100

clean up first

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

· Oldest live charge is 14.6 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 28/100 — 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, 1 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

37 officers (11 active, 37 linked, 33 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

121 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

filing

• 1 officers

Last 180 days

filings

• 3 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (86 events)Click to expand

2026-03-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-16
➖
LEITH, Ian resigned
director
2026-01-22
📄
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2026-01-20
➖
MCDONALD, John resigned
director
2026-01-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-09-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-09-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-09-09
➖
SINCLAIR, Carole Adrienne resigned
director
2025-09-09
➖
TAIT, Michael William resigned
director
2025-08-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-09-30
➖
MACKAY, David resigned
director
2024-09-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-05-30
➕
MACKENZIE, Alan appointed
director
2024-05-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-05-04
➖
SINCLAIR, Anthony resigned
director
2024-02-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-01
➕
TAIT, Michael William appointed
director
2023-12-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-12-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-08-16
➕
SINCLAIR, Carole Adrienne appointed
director
2023-06-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-31
➖
BREMNER, Lynsey Evelyn resigned
director
2022-08-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-08-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-08-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-08-17
➕
HILL, Raymond William appointed
director
2022-08-17
➕
MACKAY, Charlotte Miller appointed
director
2022-08-17
➕
MCDONALD, John appointed
director
2022-07-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-12
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2021-09-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-08-31
➕
AMIN, Valerie appointed
secretary
2021-08-31
➕
MORRISON, Caroline appointed
director
2021-08-31
➖
HARGRAVE, Eleanor resigned
secretary
2021-08-31
➖
HENDERSON, Elizabeth Jean resigned
director
2021-08-31
➖
SUTHERLAND, Shona Elizabeth resigned
director
2021-01-12
➖
FRASER, David Maclean resigned
director
2020-03-13
➖
CROWE, Isabella Janet resigned
director
2020-02-11
➕
MACKAY, David appointed
director
2019-07-25
➕
AMIN, Valerie appointed
director
2019-06-11
🔒
Charge registered #2
Lender: The Highland Council
2019-05-22
➕
HENDERSON, Elizabeth Jean appointed
director
2017-10-22
➕
FRASER, David Maclean appointed
director
2017-07-06
➕
RINTOUL, Elizabeth Jean Brock appointed
director
2017-06-29
➕
HENDERSON, Donald appointed
director
2017-04-07
➖
ELLA, Elizabeth Margaret resigned
director
2016-11-24
➕
BREMNER, Lynsey Evelyn appointed
director
2016-11-24
➖
O'BRIEN, Gerald Michael resigned
director

Showing most recent 50 of 86 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

-10 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 80 — succession pressure is live.

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 80 years old. Natural succession window is now.
primary20+ year tenure: Director in role 22 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 ·

4 director resignations in last 12 months

medium

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

Evidence: LEITH, Ian resigned 2026-03-16; MCDONALD, John resigned 2026-01-20; SINCLAIR, Carole Adrienne resigned 2025-09-09

Similar companies

Active · Leisure & entertainment · KW postcode area

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
FRIENDS OF THE HOY KIRK→ SC253642 · est 2003 · no financials extracted	—	—	—	—	22y	80	75y
INNESWICK LIMITED→ SC138565 · est 1992	—	—	£1.05M	—	33y	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	—	—
ORKNEY RIDING CENTRE→ SC372888 · est 2010 · no financials extracted	—	—	—	—	16y	—	—

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.

Available from the Pro tier upwards.

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Company details

Statusactive

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated2004-01-07

Jurisdictionscotland

Primary SIC91030 — Operation of historical sites and buildings and similar visitor attractions

Registered office

18 To 27 Bank Row

Wick

Caithness

KW1 5EY

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-01-21

Last: 2026-01-07