SANDAY DEVELOPMENT TRUST

🌳Matureactive
SC263577 · private-limited-guarant-nsc-limited-exemption · incorporated 2004-02-17
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 14.7y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Activities of other membership organisations n.e.c.
Sector: Other service activities
Investor take
Pursue
Active trading company with a 76-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 76). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 14.7y

50/100
clean up first

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

  • · Oldest live charge is 14.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 28/100 — workable, but lender will want more DD.

Data confidence

Overall: low (49/100)

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
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
99 officers (7 active, 99 linked, 90 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
261 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
5
filings
  • 4 officers
  • 1 confirmation-statement
Last 180 days
6
filings
  • 4 officers
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (216 events)Click to expand
  1. 2026-03-19
    SCOTT, Helen resigned
    director
  2. 2026-03-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-02-18
    NICKELLS, Gary Robert resigned
    director
  4. 2026-02-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2026-02-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2026-02-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2026-02-13
    SMITH, Phillippa resigned
    director
  8. 2026-01-20
    SKEA, Chloe resigned
    director
  9. 2025-12-02
    📄
    accounts-with-accounts-type-group
    accounts · AA
  10. 2025-05-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2025-05-27
    EDWARDS, Francis resigned
    director
  12. 2025-05-14
    📄
    memorandum-articles
    incorporation · MA
  13. 2025-05-14
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2025-05-14
    📄
    statement-of-companys-objects
    change-of-constitution · CC04
  15. 2025-04-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2025-04-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2025-04-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2025-04-07
    SCOTT, Helen appointed
    director
  19. 2025-04-07
    SKEA, Chloe appointed
    director
  20. 2025-04-07
    SMITH, Phillippa appointed
    director
  21. 2025-01-15
    📄
    accounts-with-accounts-type-group
    accounts · AA
  22. 2024-07-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2024-04-29
    OGDEN, David Joseph appointed
    director
  24. 2024-04-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  25. 2024-04-08
    MORRISON, Timothy Denis resigned
    director
  26. 2024-01-11
    📄
    accounts-with-accounts-type-group
    accounts · AA
  27. 2023-10-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  28. 2023-10-09
    CULBERT, Callum appointed
    director
  29. 2023-09-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  30. 2023-08-31
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  31. 2023-08-30
    🔒
    Charge registered #2
    Lender: The Scottish Ministers
  32. 2023-08-14
    SINGER, Beverley resigned
    director
  33. 2023-08-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  34. 2023-07-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  35. 2023-07-10
    BROUGH, Ruth Diane appointed
    director
  36. 2023-07-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  37. 2023-06-29
    MORRISON, Timothy Denis appointed
    director
  38. 2023-06-19
    EDWARDS, Francis appointed
    director
  39. 2023-06-12
    STRUVER, Clive appointed
    director
  40. 2023-06-12
    NICKELLS, Gary Robert appointed
    director
  41. 2023-04-25
    MURRAY, Julia St Alban resigned
    director
  42. 2023-04-25
    MURRAY, Stephen Douglas, Dr resigned
    director
  43. 2023-04-24
    MITCHELL, Caorunn Jade resigned
    director
  44. 2023-04-24
    MITCHELL, James George Alfred resigned
    director
  45. 2023-04-17
    HANSARD, Ruth, Dr resigned
    director
  46. 2023-04-17
    WILCOX, Edward Andrew resigned
    director
  47. 2023-02-13
    DODD, Hayley resigned
    director
  48. 2022-10-17
    DODD, Hayley appointed
    director
  49. 2022-10-17
    HANSARD, Ruth, Dr appointed
    director
  50. 2022-10-17
    WILCOX, Edward Andrew appointed
    director
Showing most recent 50 of 216 events

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -7 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 76 — succession pressure is live.

Succession & seller-readiness

73/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 14 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
5 director resignations in last 12 months
medium

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

Evidence: EDWARDS, Francis resigned 2025-05-27; NICKELLS, Gary Robert resigned 2026-02-18; SCOTT, Helen resigned 2026-03-19

🔒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
Typeprivate-limited-guarant-nsc-limited-exemption
Incorporated2004-02-17
Jurisdictionscotland
Primary SIC94990 — Activities of other membership organisations n.e.c.

Registered office

Heilsa Fjold
Sanday
Orkney
KW17 2BN

Filing status

Accounts
Next due: 2026-12-30
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-03
Last: 2026-02-17

Officers (7 active · 92 resigned)

BROUGH, Ruth Diane
director · ~56y · appointed 2023-07-10
View their other companies + combined net worth →
Active
CULBERT, Callum
director · ~29y · appointed 2023-10-09
View their other companies + combined net worth →
Active
OGDEN, David Joseph
director · ~67y · appointed 2024-04-29
View their other companies + combined net worth →
Active
RAY, Steven Charles
director · ~76y · appointed 2014-11-02
View their other companies + combined net worth →
Active
SAWYER, Imogen Claire
director · ~50y · appointed 2022-06-13
View their other companies + combined net worth →
Active
STRUVER, Clive
director · ~70y · appointed 2023-06-12
View their other companies + combined net worth →
Active
TOWRIE, Sandra Laurette
director · ~74y · appointed 2011-11-23
View their other companies + combined net worth →
Active
BEST, Andrew John
secretary · appointed 2005-06-16 · resigned 2005-07-21
Resigned
BROWN, Elizabeth
secretary · appointed 2012-11-26 · resigned 2022-01-24
Resigned
CLACKSON, Ute, Dr
secretary · appointed 2009-10-07 · resigned 2011-10-01
Resigned
ELLIS, Gareth Ian
secretary · appointed 2011-10-01 · resigned 2011-11-16
Resigned
HOWE, Katharine
secretary · appointed 2011-11-16 · resigned 2012-11-26
Resigned
HULL, Anthony William John
secretary · appointed 2007-02-01 · resigned 2008-11-12
Resigned
LOFT, Elizabeth
secretary · appointed 2008-11-12 · resigned 2009-10-07
Resigned
SICHEL, William Morley
secretary · appointed 2005-07-21 · resigned 2006-10-06
Resigned
SICHEL, William Morley
secretary · appointed 2004-02-17 · resigned 2005-06-16
Resigned
ALLAN, Paul Andrew
director · ~59y · appointed 2014-11-02 · resigned 2019-06-10
Resigned
BEST, Andrew John
director · ~66y · appointed 2005-06-09 · resigned 2009-01-28
Resigned
BEST, Gillian Ruth, Mrs.
director · ~64y · appointed 2005-07-21 · resigned 2009-09-23
Resigned
BINNIE, Andrew George
director · ~67y · appointed 2015-11-03 · resigned 2017-01-29
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
The Scottish Ministers
A registered charge1 property30/08/2023
outstanding
Orkney Islands Council
Standard security1 property25/08/2011
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (261 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-18
termination-director-company-with-name-termination-date
officers · TM01
2026-02-18
termination-director-company-with-name-termination-date
officers · TM01
2026-02-18
termination-director-company-with-name-termination-date
officers · TM01
2026-02-18
accounts-with-accounts-type-group
accounts · AA
2025-12-02
termination-director-company-with-name-termination-date
officers · TM01
2025-05-28
memorandum-articles
incorporation · MA
2025-05-14
resolution
resolution · RESOLUTIONS
2025-05-14
statement-of-companys-objects
change-of-constitution · CC04
2025-05-14
appoint-person-director-company-with-name-date
officers · AP01
2025-04-30
appoint-person-director-company-with-name-date
officers · AP01
2025-04-10
appoint-person-director-company-with-name-date
officers · AP01
2025-04-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-24
accounts-with-accounts-type-group
accounts · AA
2025-01-15