GLENSHEE SKI AND BOARD SCHOOL LIMITED

🌳Matureactive
SC461868 · ltd · incorporated 2013-10-18
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 7.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Oct 2025
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Other sports activities
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 7.9y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 7.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (78/100)

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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
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
£0£0£0£0£0£0Oct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · IFRS
Metric2025-10-312024-10-31
Average employees00

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
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-06-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-05-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-11-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-11-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-11-11
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  8. 2022-11-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2022-11-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2022-11-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2022-11-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2022-11-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2022-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2021-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2020-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-07-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2018-06-11
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  19. 2013-10-18
    🏢
    Company incorporated
    As GLENSHEE SKI AND BOARD SCHOOL LIMITED
  20. 2013-10-18
    MORGAN, Darren Shane appointed
    director
  21. 2013-10-18
    MORGAN, Tereza Jane appointed
    director

Owner dependency

79/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Darren Shane Morgan
Individual · British · DOB 12/1966 · age 60
5075%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016
Tereza Jane Morgan
Individual · British · DOB 11/1963 · age 63
5075%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2013-10-18
Jurisdictionscotland
Primary SIC93199 — Other sports activities

Registered office

West Cromwell Park House
Almondbank
Perth
Perth And Kinross
PH1 3LW
Scotland

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-11-01
Last: 2025-10-18

Officers (2 active · 0 resigned)

MORGAN, Darren Shane
director · ~60y · appointed 2013-10-18
View their other companies + combined net worth →
Active
MORGAN, Tereza Jane
director · ~63y · appointed 2013-10-18
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
A registered charge11/06/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (38 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-16
certificate-change-of-name-company
change-of-name · CERTNM
2022-11-11
change-person-director-company-with-change-date
officers · CH01
2022-11-11
change-person-director-company-with-change-date
officers · CH01
2022-11-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-11