CULTURE NL TRADING C.I.C.

⚰️Wound downdissolved

SC441869 · ltd · incorporated 2013-02-04

Investment thesis

Company dissolved — not a live target.

Why interesting: Historical record only; useful for precedent research.

Why risky: Not transactable.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2023

Net worth

£1

book net assets

Opportunity

60/100

Worth a look

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

What this business does

Primary activity: Library activities

Sector: Arts, entertainment & recreation

ALSO REGISTERED FOR

91012Archives activities
91020Museum activities
91030Operation of historical sites and buildings and similar visitor attractions

Investor take

Special-situation opportunity

Distressed leisure with salvageable qualities — special-situations priority.

Opportunity 60/100 (worth a look), bankability 70/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -100% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (80/100)

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

Company profile

address, 4 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

50 officers (4 active, 50 linked, 47 with DOB)

Ownership & PSC

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

Director network

3 connected companies via shared directors

Filing history

124 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

60/100Worth a look

PassWatchWorth a lookStrongExceptional

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £1

Very low cash

Cash position: £0

Cash draining

Cash down 100% YoY

Cash YoY

-100%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£0

↓ 100% YoY

Net Worth

£1

~ YoY

Current Assets

£0

↓ 100% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2023-03-31	2022-03-31
Total assets	£1	£1
Current assets	£0	£1
Cash	£0	£1
Debtors	£0	£0
Net assets	£1	£1

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (119 events)Click to expand

2024-02-27
📄
gazette-dissolved-voluntary
gazette · GAZ2(A)
2024-02-27
🏁
Company dissolved
2023-12-12
📄
gazette-notice-voluntary
gazette · GAZ1(A)
2023-12-06
📄
dissolution-application-strike-off-company
dissolution · DS01
2023-10-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-10-11
➖
PATERSON, Nicole resigned
director
2022-04-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-04-08
➖
CRAIK, William Thomson resigned
director
2022-04-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-04-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-03-25
➖
SWEENEY, James resigned
director
2022-03-24
➖
TURNER, Robert Campbell Simpson resigned
director
2022-02-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-11-23
➖
MUNRO, Rose Anne resigned
director
2021-03-02
📄
accounts-with-accounts-type-small
accounts · AA
2020-09-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-08-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-08-20
➕
STEWART, Lindsay Robert appointed
director
2020-08-13
➖
SHEARER, William resigned
director
2020-06-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-06-16
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-06-09
➖
STEWART, William Melrose resigned
director
2020-06-03
➕
TURNER, Robert Campbell Simpson appointed
director
2020-05-04
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2020-05-04
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2020-04-30
➕
AITKEN, Archibald Henry appointed
secretary
2020-04-30
➖
EKINLI, Fiona Sinclair Nicolson resigned
secretary
2019-12-23
📄
accounts-with-accounts-type-small
accounts · AA
2019-12-17
➕
MCPHERSON, Andrew Thomas appointed
director
2019-12-17
➕
PENMAN, Stephen appointed
director
2019-12-17
➕
CRAIK, William Thomson appointed
director
2019-12-17
➖
GAMBLE, Derek resigned
director
2019-12-17
➖
MCCALLUM, Robert resigned
director
2019-12-17
➖
MCKENZIE, Gregor resigned
director
2019-12-17
➖
MCLOUGHLIN, Kathleen Elizabeth resigned
director
2019-12-17
➖
MCNALLY, Frank resigned
director
2019-12-17
➕
MUNRO, Rose Anne appointed
director
2019-12-17
➕
PATERSON, Nicole appointed
director
2019-12-17
➕
SWEENEY, James appointed
director
2019-12-17
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-12-17
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-12-11
➖
BEVERIDGE, Alan resigned
director
2019-11-15
➖
CRAIG, David Crawford resigned
director
2019-11-15
➖
FOTHERINGHAM, Fiona, Councillor resigned
director
2019-11-15
➖
LINDEN, Jordan James, Councillor resigned
director
2019-11-14
➖
ROARTY, Louise Alexandra resigned
director
2019-11-13
➖
BURGESS, Robert resigned
director

Showing most recent 50 of 119 events

Owner dependency

58/100

Moderate — manageable with handover

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

FACTORS

+Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

40/100

Moderate signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.

Red flags

1 high ·

Company dissolved

high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2024-02-27

Group structure

Culture And Leisure Nl Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Culture And Leisure Nl Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

CULTURE NL TRADING C.I.C.

This company · SC441869

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
Culture And Leisure Nl Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016

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 →

Similar companies

Active · Leisure & entertainment · ML postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BIGGAR MUSEUM TRUST→ SC398044 · est 2011	—	—	£2.14M	—	15y	83	77y
THE BIGGAR ALBION FOUNDATION LIMITED→ SC214838 · est 2001	—	—	£462.7k	—	25y	83	70y
CHAMPIONS LEAGUE FOOTBALL LIMITED→ SC167752 · est 1996	—	—	£234.5k	—	29y	82	71y
ON SITE AUDIO VISUAL SERVICES LIMITED→ SC269886 · est 2004	—	—	£346.2k	—	21y	82	67y
PHOTOFLASH TRAVEL LTD.→ SC386666 · est 2010	—	—	£431.8k	—	15y	82	63y
R. & F. WILMOT LTD.→ SC262419 · est 2004	—	—	—	700	22y	82	60y
BIGGAR & DISTRICT COMMUNITY HERITAGE LIMITED→ SC281826 · est 2005	—	—	£12.3k	—	21y	81	80y
LOTHIAN CAR CLUB (EDINBURGH) LIMITED (THE)→ SC026550 · est 1948	—	—	£39.0k	—	77y	81	71y
A L BEAUTY CLINIC LTD→ SC387141 · est 2010	—	—	£31.5k	—	15y	80	60y
ALBA TOURS LIMITED→ SC233633 · est 2002	—	—	£206.2k	—	23y	80	65y
BARR LEISURE LIMITED→ SC154882 · est 1994 · no financials extracted	—	—	—	—	31y	80	65y
ELITE SPORTS ANALYSIS LIMITED→ SC207793 · est 2000	—	—	£325.4k	—	25y	80	62y

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

Statusdissolved

Typeltd

Incorporated2013-02-04

Jurisdictionscotland

Primary SIC91011 — Library activities

Registered office

Summerlee Museum Of Scottish Industrial Life

Heritage Way

Coatbridge

Lanarkshire

ML5 1QD

Filing status

Accounts

Next due: —

Last made up to: 2023-03-31

Confirmation statement

Next due: —

Last: —

Officers (0 active · 46 resigned)

AITKEN, Archibald Henry→

secretary · appointed 2020-04-30

View their other companies + combined net worth →

Active

MCPHERSON, Andrew Thomas→

director · ~56y · appointed 2019-12-17

View their other companies + combined net worth →

Active

PENMAN, Stephen→

director · ~50y · appointed 2019-12-17

View their other companies + combined net worth →

Active

STEWART, Lindsay Robert→

director · ~59y · appointed 2020-08-20

View their other companies + combined net worth →

Active

EKINLI, Fiona Sinclair Nicolson→

secretary · appointed 2015-02-23 · resigned 2020-04-30

Resigned

MURRAY, Margaret June→

secretary · appointed 2013-02-04 · resigned 2015-02-23

Resigned

ALLAN, Karen→

director · ~54y · appointed 2018-06-21 · resigned 2018-10-01

Resigned

BEVERIDGE, Alan→

director · ~68y · appointed 2019-06-22 · resigned 2019-12-11

Resigned

BURGESS, Robert→

director · ~83y · appointed 2019-06-22 · resigned 2019-11-13

Resigned

BURROWS, Robert→

director · ~75y · appointed 2016-05-23 · resigned 2017-05-25

Resigned

CARSON, Olivia→

director · ~34y · appointed 2017-05-30 · resigned 2019-06-22

Resigned

CEFFERTY, Charles Rennie→

director · ~64y · appointed 2016-05-23 · resigned 2017-05-25

Resigned

CRAIG, David Crawford→

director · ~75y · appointed 2015-04-28 · resigned 2019-11-15

Resigned

CRAIK, William Thomson→

director · ~77y · appointed 2019-12-17 · resigned 2022-04-08

Resigned

CURLEY, Thomas→

director · ~81y · appointed 2013-02-18 · resigned 2016-03-01

Resigned

CURRAN, Harry→

director · ~71y · appointed 2013-08-12 · resigned 2016-05-23

Resigned

DENVIR, Alison Brigid→

director · ~55y · appointed 2013-04-15 · resigned 2018-03-04

Resigned

DOUGLAS, Trevor Stewart→

director · ~44y · appointed 2017-05-30 · resigned 2019-11-13

Resigned

FAROOQ, Shahid→

director · ~51y · appointed 2017-12-14 · resigned 2019-01-08

Resigned

FLEMING, Karen→

director · ~59y · appointed 2013-11-12 · resigned 2017-12-13

Resigned

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

Recent filings (124 total)

gazette-dissolved-voluntary

gazette · GAZ2(A)

2024-02-27

gazette-notice-voluntary

gazette · GAZ1(A)

2023-12-12

dissolution-application-strike-off-company

dissolution · DS01

2023-12-06

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-10-11

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-02-08

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-12-16

termination-director-company-with-name-termination-date

officers · TM01

2022-10-17

termination-director-company-with-name-termination-date

officers · TM01

2022-04-12

termination-director-company-with-name-termination-date

officers · TM01

2022-04-06

termination-director-company-with-name-termination-date

officers · TM01

2022-04-06

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-02-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-02-15

termination-director-company-with-name-termination-date

officers · TM01

2021-12-01

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-03-17

accounts-with-accounts-type-small

accounts · AA

2021-03-02