CAITHNESS BUSINESS FUND

🌳Matureactive

SC450693 · private-limited-guarant-nsc-limited-exemption · incorporated 2013-05-23

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 May 2025

Net worth

£153.8k

book net assets

Opportunity

75/100

Strong

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What this business does

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

Sector: Other service activities

Investor take

Pursue

Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (73/100)

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

32 officers (12 active, 32 linked, 32 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

6 connected companies via shared directors

Filing history

83 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

75/100Strong

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 · accounting standard not declared

Positive net assets

Net assets £153,836

Cash YoY

+181%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£415k

↑ 181% YoY

Net Worth

£154k

↑ 120% YoY

Current Assets

£538k

↑ 140% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-05-31	2024-05-31
Total assets	£153.8k	£107.9k
Current assets	£538.2k	£224.0k
Cash	£415.4k	£148.0k
Debtors	£122.8k	£76.0k
Net assets	£153.8k	£69.9k

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 (74 events)Click to expand

2025-11-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-10-01
➕
MORRISON, Malcolm George Douglas appointed
director
2025-09-05
➖
TAYLOR, Iain resigned
director
2025-09-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-08-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-08-14
➖
KIRK, Shona Isobel resigned
director
2025-04-16
➕
LAMONT, Helen May appointed
director
2025-04-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-01-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-01-13
➕
WILSON, David Ross appointed
director
2024-11-08
📄
memorandum-articles
incorporation · MA
2024-11-08
📄
resolution
resolution · RESOLUTIONS
2024-11-08
📄
statement-of-companys-objects
change-of-constitution · CC04
2024-08-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-05-31
➖
ROUSE, Mark Jonathan resigned
director
2023-11-10
📄
resolution
resolution · RESOLUTIONS
2023-11-10
📄
memorandum-articles
incorporation · MA
2023-11-10
📄
statement-of-companys-objects
change-of-constitution · CC04
2023-11-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-10-06
➖
MIDDLEMAS, Simon Robert resigned
director
2023-08-21
📄
change-person-director-company-with-change-date
officers · CH01
2023-05-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-11-02
➕
MACDONALD, Duncan Alexander appointed
director
2022-11-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-10-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-10-06
➕
NEALE, Ian Atlee appointed
director
2022-09-16
➖
CRAIG, David Angus resigned
director
2022-08-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-14
➖
KEVILL, Anthony resigned
director
2021-12-20
➕
KEVILL, Anthony appointed
director
2021-10-05
➖
CAMPBELL, Derek resigned
director
2021-07-07
➕
MILLER, Deborah appointed
director
2021-04-07
➕
ROUSE, Mark Jonathan appointed
director
2021-01-26
➖
SEWELL, Lesley Frances resigned
director
2020-11-24
➕
NICHOLSON, Keith, Dr appointed
director
2020-10-01
➖
MACBEATH, Donald John resigned
director
2020-03-24
➕
SEWELL, Lesley Frances appointed
director
2019-11-07
➖
MOORE, Martin Joseph resigned
director
2019-11-07
➖
MOORE, Martin Joseph resigned
director
2019-10-19
➕
TAYLOR, Iain appointed
director
2019-10-03
➖
BAXTER, William resigned
director
2019-05-13
➕
MOORE, Martin Joseph appointed
director
2019-05-13
➕
MOORE, Martin Joseph appointed
director
2018-11-01
➖
CRAIG, Phillip James resigned
director
2018-05-23
➖
BODY, Peter John resigned
director
2017-10-03
➕
SINCLAIR, Louise Marie appointed
director
2017-10-03
➖
CALDER, William Gilchrist resigned
director

Showing most recent 50 of 74 events

Owner dependency

55/100

Moderate — manageable with handover

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

FACTORS

-12 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

73/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 13 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: KIRK, Shona Isobel resigned 2025-08-14; TAYLOR, Iain resigned 2025-09-05

🔒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

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ADVOCACY ORKNEY→ SC233455 · est 2002 · no financials extracted	—	—	—	—	23y	—	—
AUSKERRY FARMING LIMITED PARTNERSHIP→ SL002566 · est 1994 · no financials extracted	—	—	—	—	31y	—	—
BRUCE MARINE LLP→ SO306707 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
CLIMATE TECH VENTURE LP→ SL035037 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
CONGESQUOY BARN LLP→ SO306634 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
FARR EDGE 2000→ SC203520 · est 2000 · no financials extracted	—	—	—	—	26y	—	—
G.C. & A.C. STOUT LLP→ SO302929 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
HELMSDALE & DISTRICT DEVELOPMENT TRUST→ SC420622 · est 2012 · no financials extracted	—	—	—	—	14y	—	—
HIGHLAND WEDDING PENS LTD→ SC548097 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
HIGHLAND WHISKY CHOCOLATES LTD→ SC622740 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
IRVINE PROPERTIES SCOTLAND LLP→ SO308237 · est 2025 · no financials extracted	—	—	—	—	—	—	—
JOHN ANDERSON & PARTNERS→ SL001212 · est 1988 · no financials extracted	—	—	—	—	37y	—	—

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

Incorporated2013-05-23

Jurisdictionscotland

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

Registered office

Naver Business Centre Naver House

Naver Road

Thurso

Caithness

KW14 7QA

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