ISLE OF LUING COMMUNITY TRUST

🌳Matureactive

SC282766 · private-limited-guarant-nsc-limited-exemption · incorporated 2005-04-06

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 19.2y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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

What this business does

Primary activity: Operation of historical sites and buildings and similar visitor attractions

Sector: Arts, entertainment & recreation

Investor take

Pursue

Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 65/100. Strong seller-intent signal (63/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 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

4 live charges · 2 lenders · oldest 19.2y

50/100

clean up first

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

· Oldest live charge is 19.2 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (69/100)

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

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

36 officers (6 active, 36 linked, 29 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

123 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.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31	2023-12-31
Total assets	—	£1.51M
Current assets	—	£111.8k
Cash	—	£97.5k
Debtors	—	£8.6k
Net assets	—	£1.51M
Average employees	7	—

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

🔒Filing-note intelligence

2 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

filing

• 1 officers

Last 180 days

filings

• 2 officers

Counts from Companies House filing history.

Corporate timeline (90 events)Click to expand

2026-02-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-02-10
➕
MACQUEEN, Neil Colin appointed
director
2025-11-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-11-02
➖
WILLIAMS, James Andrew resigned
director
2025-09-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-12-20
➖
MACLACHLAN, Eoghan resigned
director
2022-10-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-08-30
➖
FLETCHER, Clare Marie resigned
director
2022-03-16
📄
memorandum-articles
incorporation · MA
2022-03-16
📄
resolution
resolution · RESOLUTIONS
2021-10-19
➖
ARCHIBALD, Nicola resigned
director
2021-10-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-09-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-13
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-08-31
➖
WHITMORE, Birgit Gudrun resigned
director
2020-11-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-08-25
➕
BUCHANAN, Colin Macintyre appointed
director
2020-01-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-01-06
➖
THOMAS, Paul Edward resigned
director
2019-12-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-12-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-12-03
➕
CRUICKSHANKS, Hazel Moira appointed
director
2019-12-03
➕
WILLIAMS, James Andrew appointed
director
2019-10-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-10-14
➕
WHITMORE, Edward Martin Thomas appointed
director
2019-08-06
➖
BROWN, Colin Hilton resigned
director
2019-08-06
➕
FLETCHER, Clare Marie appointed
director
2019-03-27
➖
MCCORRISKEN, Neil resigned
director
2018-10-02
➕
WHITMORE, Mary Elizabeth appointed
secretary
2018-09-23
➕
WHITMORE, Mary Elizabeth appointed
director
2018-09-23
➖
HOOPER, Peter resigned
secretary
2018-09-23
➕
ARCHIBALD, Nicola appointed
director
2018-09-23
➕
BROWN, Colin Hilton appointed
director
2018-09-23
➖
DYCKHOFF, Nigel Francis Windsor resigned
director
2018-09-23
➖
FLEMING, David Alastair resigned
director
2018-09-23
➖
HOOPER, Peter resigned
director
2018-09-23
➖
RENNIE, John resigned
director
2018-09-23
➕
WHITMORE, Birgit Gudrun appointed
director
2018-01-21
➕
MCCORRISKEN, Neil appointed
director
2017-08-29
➕
RENNIE, John appointed
director
2017-08-29
➖
ROBERTSON, John Philip resigned
director
2017-08-29
➕
THOMAS, Paul Edward appointed
director
2017-02-13
➖
BISSELL, Norman resigned
director
2013-07-05
🔒
Charge registered #4
Lender: The Big Lottery Fund
2011-08-01
➕
MACLACHLAN, Eoghan appointed
director

Showing most recent 50 of 90 events

Owner dependency

63/100

High — earn-out structure required

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 72 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Similar companies

Active · Leisure & entertainment · PA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
LIVE ARGYLL→ SC569568 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
LOCH GOIL WATERSPORTS CLUB LTD→ SC606639 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
LOCHS BENS & GLENS LTD→ SC834468 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
LUMARIAS PRESS LTD→ SC871118 · est 2025 · no financials extracted	—	—	—	—	—	—	—
MACC GYM LTD→ SC711527 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
MANRAN LTD→ SC586600 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
MUSCLE LAB GYM LTD→ SC665543 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
NATURE SCOTLAND LIMITED→ SC611261 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
NEVIS FITNESS UK LTD→ SC794919 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
NEW GLOBE BINGO AND SOCIAL CLUB LIMITED→ SC040235 · est 1964 · no financials extracted	—	—	—	—	62y	—	—
NO NONSENSE PRODUCTIONS CIC→ SC505358 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
NT SERVICES LTD→ SC506281 · est 2015 · no financials extracted	—	—	—	—	10y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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

Incorporated2005-04-06

Jurisdictionscotland

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

Registered office

Atlantic Islands Centre

Cullipool

Oban

PA34 4TX

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-05-02

Last: 2025-04-18