1599 LIMITED

🌳Matureactive

SC424139 · ltd · incorporated 2012-05-16

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 Mar 2025

Net worth

£-89.3k

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: Other accommodation

Sector: Accommodation & food service

ALSO REGISTERED FOR

56290Other food services

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 72). Share purchase looks the cleaner deal structure. 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, 2 SIC codes, incorporation date

100

Financials

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

21 officers (5 active, 21 linked, 18 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

2 connected companies via shared directors

Filing history

68 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

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

Negative net assets

Liabilities exceed assets by £89,325

Key financials

1 year extracted from filed iXBRL accounts

Cash

£27k

Net Worth

-£89k

Current Assets

£44k

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31
Total assets	£-89.3k
Current assets	£44.2k
Cash	£27.2k
Debtors	£17.0k
Net assets	£-89.3k

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (57 events)Click to expand

2025-12-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-03-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-12-03
➕
ETEIBA, Hany Bahgat, Professor appointed
director
2024-12-03
➖
MCKIRDY, Mike resigned
director
2024-11-13
📄
accounts-with-accounts-type-small
accounts · AA
2023-11-09
📄
accounts-with-accounts-type-small
accounts · AA
2023-08-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-08-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-08-09
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2023-08-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-08-08
📄
gazette-notice-compulsory
gazette · GAZ1
2023-06-01
➖
NEILSON, Roderick Forsyth, Dr resigned
director
2023-05-10
➕
MCELROY, Morven, Dr appointed
director
2023-05-10
➕
MCKAY, Gerard appointed
director
2023-02-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-03
➖
WILSON, Hilary, Dr resigned
director
2022-06-28
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-03
➕
MCKIRDY, Mike appointed
director
2021-12-03
➖
TAYLOR, Jacqueline, Professor resigned
director
2021-09-30
➖
MADHOK, Rajan, Dr resigned
director
2021-09-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-12-30
📄
accounts-with-accounts-type-small
accounts · AA
2020-09-08
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2020-08-24
➕
OSBORNE, Kenneth appointed
secretary
2020-07-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-02-28
➖
FERGUSON, Heather resigned
secretary
2020-02-25
➕
WILSON, Hilary, Dr appointed
director
2018-12-07
➖
GALLOWAY, David James, Professor resigned
director
2018-05-16
➕
TAYLOR, Jacqueline, Professor appointed
director
2017-12-01
➖
FINDLAY, Iain Nicolson, Dr resigned
director
2016-09-27
➕
MANSBRIDGE, Drummond Macdonald appointed
director
2016-09-27
➖
CONN, Ian Graeme resigned
director
2016-09-27
➖
DUNLOP, Catherine resigned
director
2016-09-27
➕
FINDLAY, Iain Nicolson, Dr appointed
director
2016-09-27
➖
LANNIGAN, Alison Kerr resigned
director
2016-05-19
➖
DUNN, Francis Gerard resigned
director
2016-05-19
➕
GALLOWAY, David James, Professor appointed
director
2016-05-19
➕
MADHOK, Rajan, Dr appointed
director
2016-05-19
➖
ROGERS, Paul Noel resigned
director
2014-10-08
➕
DUNLOP, Catherine appointed
director
2014-10-02
➕
FERGUSON, Heather appointed
secretary
2014-08-31
➖
WYLIE, Michelle resigned
secretary
2013-11-18
➕
LANNIGAN, Alison Kerr appointed
director
2013-11-18
➕
NEILSON, Roderick Forsyth, Dr appointed
director
2013-05-10
➕
DUNN, Francis Gerard appointed
director
2012-12-07
➖
ANDERSON, Ian Wilson Russell resigned
director

Showing most recent 50 of 57 events

Owner dependency

55/100

Moderate — manageable with handover

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

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 72 — succession pressure is live.

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.)

Group structure

Royal College Of Physicians And Surgeons Of Glasgow is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Royal College Of Physicians And Surgeons Of Glasgow

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

1599 LIMITED

This company · SC424139

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Royal College Of Physicians And Surgeons Of Glasgow Corporate entity	75–100%	—	board control75-100% shares · board control	16/05/2017

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

🔒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

Typeltd

Incorporated2012-05-16

Jurisdictionscotland

Primary SIC55900 — Other accommodation

Registered office

232-242 St Vincent Street

Glasgow

G2 5RJ

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-06-04

Last: 2025-05-21