WESTERN ISLES DEVELOPMENT TRUST

🌳Matureactive

SC271462 · private-limited-guarant-nsc-limited-exemption · incorporated 2004-08-02

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Aug 2024

Net worth

£75.3k

book net assets

Opportunity

79/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Activities of other membership organisations n.e.c.

Sector: Other service activities

Investor take

Pursue

Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 79/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -39% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (72/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

66 officers (18 active, 66 linked, 63 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

5 connected companies via shared directors

Filing history

174 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £75,273

Net assets shrinking

Down £31,454 YoY

Cash YoY

-39%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£48k

↓ 39% YoY

Net Worth

£75k

↓ 29% YoY

Current Assets

£78k

↓ 29% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-08-31	2023-08-31
Total assets	£75.3k	£106.7k
Current assets	£77.9k	£109.3k
Cash	£48.0k	£78.5k
Debtors	£29.9k	£30.9k
Net assets	£75.3k	£106.7k

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

🔒Filing-note intelligence

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

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

• 2 officers

Counts from Companies House filing history.

Corporate timeline (136 events)Click to expand

2025-11-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-11-05
➕
MACKAY, Rona Jane Hay appointed
director
2025-11-05
➖
LOGAN, Matthew John Wylie resigned
director
2025-11-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-09-19
➕
MORRISON, Kevin Finlay appointed
director
2025-09-19
➕
SMITH, John Angus appointed
director
2025-09-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-09-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-08-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-13
➖
MACCORMICK, Kirsty Marianne resigned
director
2025-08-13
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-05-26
➖
MACLENNAN, Finlay John resigned
director
2025-05-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-08-15
➕
MACLEOD, Kenneth Morrison appointed
director
2024-08-15
➖
FULTON, Grant resigned
director
2024-08-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-08-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-08-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-14
➕
MURRAY, Alice appointed
director
2024-05-14
➕
ROSS, Andrew appointed
director
2024-05-14
➖
BIRD, Anne resigned
director
2024-05-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-05-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-05-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-10-05
➖
MANSFIELD, Hazel Glenys resigned
director
2023-10-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-05-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-03-23
➕
MACLEOD, Kirsty Agnes appointed
director
2023-03-23
➖
WILSON, Stewart Dallas resigned
director
2023-03-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-10-19
➕
LOGAN, Matthew John Wylie appointed
director
2022-10-19
➖
WAKE, David resigned
director
2022-10-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-10-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-08-19
➕
FULTON, Grant appointed
director
2022-08-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-26
➕
MACLENNAN, Finlay John appointed
director
2022-05-26
➖
STOKES, Fiona Elizabeth resigned
director
2022-05-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-19
➕
MACLEOD, Iain Murdoch appointed
director
2022-05-19
➕
MACLEOD, Kenneth appointed
director
2022-05-09
➖
MITCHELL, John Graham resigned
director
2022-05-05
➖
MACDONALD, Norman Alexander resigned
director
2022-05-05
➖
MACKAY, Donald John resigned
director
2022-05-05
➖
MACNEIL, Iain Archie resigned
director
2021-04-29
➕
MURRAY, Catriona appointed
director
2021-03-26
➕
DENEHY, Catriona Ausma appointed
director
2021-03-26
➕
MCATEAR, Elizabeth appointed
director
2021-03-26
➕
BIRD, Anne appointed
director

Showing most recent 50 of 136 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

-18 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 78 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

40/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primaryFamily succession underway: Not a takeover target — MORRISON, Kevin Finlay (same surname) appointed 2025-09-19. Pattern consistent with intra-family handover.
primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
primary20+ year tenure: Director in role 21 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: LOGAN, Matthew John Wylie resigned 2025-11-05; MACCORMICK, Kirsty Marianne resigned 2025-08-13; MACLENNAN, Finlay John resigned 2025-05-26

🔒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 →

Similar companies

Active · Other · HS postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
AN TEALLACH ENERGY COMPANY LTD→ SC367922 · est 2009	—	—	—	—	16y	81	75y
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
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
OUTER HEBRIDES SOCIAL ECONOMY PARTNERSHIP CIC→ SC380816 · est 2010 · no financials extracted	—	—	—	—	15y	79	83y

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

Incorporated2004-08-02

Jurisdictionscotland

Primary SIC94990 — Activities of other membership organisations n.e.c.

Registered office

C/O Council Offices

Sandwick Road

Stornoway

Isle Of Lewis

HS1 2BW

Filing status

Accounts

Next due: 2026-05-31

Last made up to: 2024-08-31

Confirmation statement

Next due: 2026-08-16

Last: 2025-08-02