MINDSTORE INTERNATIONAL LIMITED

🌳Matureactive
SC270146 · ltd · incorporated 2004-07-01
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 21.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£1.16M
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other education n.e.c.
Sector: Education
Investor take
Pursue
Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 21.5y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 21.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £1,161,301

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£1.2m
↑ 4.3% YoY
Current Assets
£508k
~ YoY
Current Liabilities
—
£0£232k£465k£697k£929k£1.2mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£1.16M£1.12M
Current assets£508.3k£511.0k
Net assets£1.16M£1.11M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-09-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2024-08-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-11-27
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2023-11-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-07-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-06-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2022-03-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-05-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-08-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-05-05
    ➕
    YOUNG, Laura Mae appointed
    director
  12. 2020-05-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2020-05-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2019-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-09-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-03-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2011-11-04
    🔓
    Charge satisfied #1
  18. 2006-01-01
    ➖
    YOUNG, Laura Mae resigned
    director
  19. 2004-11-01
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  20. 2004-09-01
    ➕
    YOUNG, Laura Mae appointed
    director
  21. 2004-08-06
    ➕
    YOUNG, Laura Mae appointed
    secretary
  22. 2004-08-06
    ➕
    BLACK, John appointed
    director
  23. 2004-08-06
    ➖
    THORNTONS WS resigned
    corporate-secretary
  24. 2004-08-06
    ➖
    HUTCHESON, Iain Henderson resigned
    director
  25. 2004-07-01
    🏢
    Company incorporated
    As MINDSTORE INTERNATIONAL LIMITED
  26. 2004-07-01
    ➕
    THORNTONS WS appointed
    corporate-secretary
  27. 2004-07-01
    ➕
    HUTCHESON, Iain Henderson appointed
    director

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

96/100
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 71 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Laura Mae Young
Individual · British · DOB 02/1959 · age 67
25–50%
25–50%25-50% shares · 25-50% voting05/05/2020
Mr John Black
Individual · British · DOB 04/1955 · age 71
25–50%
25–50%25-50% shares · 25-50% voting30/06/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Typeltd
Incorporated2004-07-01
Jurisdictionscotland
Primary SIC85590 — Other education n.e.c.

Registered office

28-30 North Street
Dalry
Ayrshire
KA24 5DW

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-22
Last: 2025-12-08

Officers (3 active · 3 resigned)

YOUNG, Laura Mae→
secretary · appointed 2004-08-06
View their other companies + combined net worth →
Active
BLACK, John→
director · ~71y · appointed 2004-08-06
View their other companies + combined net worth →
Active
YOUNG, Laura Mae→
director · ~67y · appointed 2020-05-05
View their other companies + combined net worth →
Active
THORNTONS WS→
corporate-secretary · appointed 2004-07-01 · resigned 2004-08-06
Resigned
HUTCHESON, Iain Henderson→
director · ~64y · appointed 2004-07-01 · resigned 2004-08-06
Resigned
YOUNG, Laura Mae→
director · ~67y · appointed 2004-09-01 · resigned 2006-01-01
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property01/11/200404/11/2011

Recent filings (65 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-31
change-person-secretary-company-with-change-date
officers · CH03
2023-11-27
change-person-director-company-with-change-date
officers · CH01
2023-11-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-18
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-07
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-05