THORNTONS POLICY TRUSTEES LIMITED

🌳Matureactive
SC424232 · ltd · incorporated 2012-05-16
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Dormant / non-trading with a 67-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
Confirmed no charges registered
85
Directors & officers
21 officers (15 active, 21 linked, 21 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
  1. 2025-12-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2025-11-28
    ROUGHEAD, Alan resigned
    director
  3. 2025-11-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2025-09-01
    HAINEY, Lisa May appointed
    director
  5. 2025-09-01
    MITCHELL, Sarah appointed
    director
  6. 2025-09-01
    ROUGHEAD, Alan appointed
    director
  7. 2025-09-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-09-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-09-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2025-07-22
    ETHERINGTON, David Murray resigned
    director
  11. 2025-07-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2025-06-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2025-05-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2025-05-15
    COUTTS, Morna Jane appointed
    director
  15. 2025-05-14
    DUFF, Susan Margaret appointed
    director
  16. 2025-02-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2025-02-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2025-01-31
    ANDERSON, Rachel appointed
    director
  19. 2025-01-31
    HORNE, Emma Ashley appointed
    director
  20. 2025-01-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2024-10-30
    DICKSON, Graeme Ross Campbell appointed
    director
  22. 2024-10-30
    DISHINGTON, Audrey Anne appointed
    director
  23. 2024-10-30
    GARDINER, Christopher Peter John appointed
    director
  24. 2024-10-30
    MACKAY, Iain Finlay Magnus appointed
    director
  25. 2024-10-30
    MACKIE, Stuart Irvine appointed
    director
  26. 2024-10-30
    PRATT, Stephanie Elizabeth appointed
    director
  27. 2024-10-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  28. 2024-10-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  29. 2024-10-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  30. 2024-10-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  31. 2024-10-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  32. 2024-10-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  33. 2024-06-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  34. 2024-05-31
    MCKEOWN, Anne Janette resigned
    director
  35. 2023-11-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  36. 2022-11-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  37. 2022-01-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  38. 2019-07-18
    MACPHERSON, Clare Susan appointed
    director
  39. 2019-07-18
    RENFREW, Bruce Norman appointed
    director
  40. 2019-07-18
    ETHERINGTON, David Murray appointed
    director
  41. 2019-07-18
    MCKEOWN, Anne Janette appointed
    director
  42. 2019-05-31
    DUNLOP, George John Muir resigned
    director
  43. 2019-02-22
    FARQUHAR, Malcolm Robert Pirie resigned
    director
  44. 2015-05-31
    BARR, Elizabeth Margaret resigned
    director
  45. 2012-05-16
    🏢
    Company incorporated
    As THORNTONS POLICY TRUSTEES LIMITED
  46. 2012-05-16
    BARCLAY, Nicholas appointed
    director
  47. 2012-05-16
    BARR, Elizabeth Margaret appointed
    director
  48. 2012-05-16
    DUNLOP, George John Muir appointed
    director
  49. 2012-05-16
    FARQUHAR, Malcolm Robert Pirie appointed
    director

Owner dependency

55/100
Moderate — manageable with handover

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

FACTORS
  • -15 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

63/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • 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 ·
2 director resignations in last 12 months
medium

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

Evidence: ETHERINGTON, David Murray resigned 2025-07-22; ROUGHEAD, Alan resigned 2025-11-28

Group structure

Thorntons Law Llp holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Thorntons Law Llp
Corporate parent · board control
THORNTONS POLICY TRUSTEES LIMITED
This company · SC424232

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

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Thorntons Law Llp
Corporate entity
board controlboard control · firm interest06/04/2016

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 SIC74990 — Non-trading company

Registered office

Whitehall House
33 Yeaman Shore
Dundee
DD1 4BJ

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-30
Last: 2025-05-16

Officers (15 active · 6 resigned)

ANDERSON, Rachel
director · ~34y · appointed 2025-01-31
View their other companies + combined net worth →
Active
BARCLAY, Nicholas
director · ~67y · appointed 2012-05-16
View their other companies + combined net worth →
Active
COUTTS, Morna Jane
director · ~56y · appointed 2025-05-15
View their other companies + combined net worth →
Active
DICKSON, Graeme Ross Campbell
director · ~49y · appointed 2024-10-30
View their other companies + combined net worth →
Active
DISHINGTON, Audrey Anne
director · ~57y · appointed 2024-10-30
View their other companies + combined net worth →
Active
DUFF, Susan Margaret
director · ~61y · appointed 2025-05-14
View their other companies + combined net worth →
Active
GARDINER, Christopher Peter John
director · ~35y · appointed 2024-10-30
View their other companies + combined net worth →
Active
HAINEY, Lisa May
director · ~44y · appointed 2025-09-01
View their other companies + combined net worth →
Active
HORNE, Emma Ashley
director · ~47y · appointed 2025-01-31
View their other companies + combined net worth →
Active
MACKAY, Iain Finlay Magnus
director · ~40y · appointed 2024-10-30
View their other companies + combined net worth →
Active
MACKIE, Stuart Irvine
director · ~47y · appointed 2024-10-30
View their other companies + combined net worth →
Active
MACPHERSON, Clare Susan
director · ~55y · appointed 2019-07-18
View their other companies + combined net worth →
Active
MITCHELL, Sarah
director · ~37y · appointed 2025-09-01
View their other companies + combined net worth →
Active
PRATT, Stephanie Elizabeth
director · ~38y · appointed 2024-10-30
View their other companies + combined net worth →
Active
RENFREW, Bruce Norman
director · ~60y · appointed 2019-07-18
View their other companies + combined net worth →
Active
BARR, Elizabeth Margaret
director · ~63y · appointed 2012-05-16 · resigned 2015-05-31
Resigned
DUNLOP, George John Muir
director · ~73y · appointed 2012-05-16 · resigned 2019-05-31
Resigned
ETHERINGTON, David Murray
director · ~47y · appointed 2019-07-18 · resigned 2025-07-22
Resigned
FARQUHAR, Malcolm Robert Pirie
director · ~71y · appointed 2012-05-16 · resigned 2019-02-22
Resigned
MCKEOWN, Anne Janette
director · ~57y · appointed 2019-07-18 · resigned 2024-05-31
Resigned

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

Recent filings (54 total)

termination-director-company-with-name-termination-date
officers · TM01
2025-12-05
accounts-with-accounts-type-dormant
accounts · AA
2025-11-10
appoint-person-director-company-with-name-date
officers · AP01
2025-09-01
appoint-person-director-company-with-name-date
officers · AP01
2025-09-01
appoint-person-director-company-with-name-date
officers · AP01
2025-09-01
termination-director-company-with-name-termination-date
officers · TM01
2025-07-22
appoint-person-director-company-with-name-date
officers · AP01
2025-06-02
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-27
appoint-person-director-company-with-name-date
officers · AP01
2025-05-22
appoint-person-director-company-with-name-date
officers · AP01
2025-02-03
appoint-person-director-company-with-name-date
officers · AP01
2025-02-03
accounts-with-accounts-type-dormant
accounts · AA
2025-01-23
appoint-person-director-company-with-name-date
officers · AP01
2024-10-30
appoint-person-director-company-with-name-date
officers · AP01
2024-10-30
appoint-person-director-company-with-name-date
officers · AP01
2024-10-30