ASSEMBLY FESTIVAL LIMITED

🌳Matureactive
SC464585 · ltd · incorporated 2013-11-26
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 Nov 2024
Net worth
£707.6k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Operation of arts facilities
Sector: Arts, entertainment & recreation
Investor take
Pursue
Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 80/100. Strong seller-intent signal (68/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -84% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 11.8y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 11.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (83/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
34 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £707,622
Cash draining
Cash down 84% YoY
Cash YoY
-84%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£177k
↓ 84% YoY
Net Worth
£708k
↑ 15% YoY
Current Assets
£1.5m
↓ 46% YoY
Current Liabilities
£0£567k£1.1m£1.7m£2.3m£2.8mNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-292023-11-29
Total assets£992.6k£1.29M
Current assets£1.53M£2.84M
Cash£177.4k£1.08M
Debtors£1.33M£1.76M
Net assets£707.6k£612.7k

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
2
filings
  • 1 confirmation-statement
  • 1 officers
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-02-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-08-30
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  5. 2023-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-08-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-10-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  8. 2021-10-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2021-10-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2021-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-06-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-06-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2020-06-03
    HORNSBY, Guy Philip resigned
    secretary
  14. 2019-08-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-08-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-08-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2014-07-14
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  18. 2014-02-04
    JOHNSON, Luke appointed
    director
  19. 2013-11-26
    🏢
    Company incorporated
    As ASSEMBLY FESTIVAL LIMITED
  20. 2013-11-26
    BURDETT-COUTTS, William Walter appointed
    director
  21. 2013-11-26
    HORNSBY, Guy Philip appointed
    secretary

Owner dependency

73/100
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.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 12 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.)

Group structure

Assembly Wings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Assembly Wings Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
ASSEMBLY FESTIVAL LIMITED
This company · SC464585

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%
NameSharesVoting rightsNature of controlNotified
Assembly Wings Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control20/10/2021
2 historic (ceased) PSCs
  • Mr William Walter Burdett-Couttsceased 20/10/2021· 25-50% shares · 25-50% voting
  • Mr Luke Oliver Johnsonceased 20/10/2021· 25-50% shares · 25-50% voting

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
Incorporated2013-11-26
Jurisdictionscotland
Primary SIC90040 — Operation of arts facilities

Registered office

2 Roxburgh Place
Edinburgh
EH8 9SU

Filing status

Accounts
Next due: 2026-08-29
Last made up to: 2024-11-29
Confirmation statement
Next due: 2027-02-25
Last: 2026-02-11

Officers (2 active · 1 resigned)

BURDETT-COUTTS, William Walter
director · ~71y · appointed 2013-11-26
View their other companies + combined net worth →
Active
JOHNSON, Luke
director · ~64y · appointed 2014-02-04
View their other companies + combined net worth →
Active
HORNSBY, Guy Philip
secretary · appointed 2013-11-26 · resigned 2020-06-03
Resigned

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
National Westminster Bank
National Westminster Bank PLC
A registered charge14/07/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (34 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-23
change-person-director-company-with-change-date
officers · CH01
2026-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-13
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-10-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-10-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-10-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-26