BUCKIE THISTLE DEVELOPMENT LIMITED

🌳Matureactive

SC476780 · ltd · incorporated 2014-05-06

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

£74.6k

book net assets

Opportunity

76/100

Strong

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What this business does

Primary activity: Activities of sport clubs

Sector: Arts, entertainment & recreation

Investor take

Pursue

Asset-holding vehicle with a 75-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 75). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (79/100)

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

17 officers (6 active, 17 linked, 14 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

3 connected companies via shared directors

Filing history

64 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

76/100Strong

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 · FRS 105 (micro)

Positive net assets

Net assets £74,620

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£75k

↑ 50% YoY

Current Assets

£6k

↓ 83% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-05-31	2024-05-31
Total assets	£74.6k	£79.6k
Current assets	£5.9k	£35.7k
Net assets	£74.6k	£49.6k

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

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (48 events)Click to expand

2026-02-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-25
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2025-07-25
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2025-07-24
➕
SHAND, Stephen appointed
secretary
2025-07-24
➖
PIRIE, David resigned
secretary
2025-07-24
➖
HARRIS, Sydney Robert, Dr resigned
director
2025-07-24
➖
MCVEAN, John Barron resigned
director
2025-07-24
➖
PIRIE, David resigned
director
2025-07-24
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2025-07-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-22
📄
gazette-notice-compulsory
gazette · GAZ1
2025-02-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-06-07
➖
TALLIS, Graeme resigned
director
2023-02-13
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-23
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-23
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-04-28
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2022-04-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-26
📄
gazette-notice-compulsory
gazette · GAZ1
2021-03-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-08-13
➖
BOYD, Raymond Ernest resigned
director
2018-04-01
➕
DOUGLAS, Edward William appointed
director
2018-04-01
➕
MCVEAN, John Barron appointed
director
2017-11-30
➖
SIEVWRIGHT, Alexander James resigned
director
2017-01-01
➕
BOYD, Raymond Ernest appointed
director
2017-01-01
➕
SIEVWRIGHT, Alexander James appointed
director
2016-06-29
➖
WOOD, David John resigned
director
2016-01-11
➖
MACRAE, Marc James Robert resigned
secretary
2015-10-27
➕
PIRIE, David appointed
secretary
2015-10-27
➖
MACRAE, Marc James Robert, Councillor resigned
director
2015-10-27
➕
PIRIE, David appointed
director
2014-12-19
➖
MCVEAN, John Barron resigned
director
2014-06-16
➕
CARNDO, Raymond appointed
director
2014-06-16
➕
COUTTS, Sharon Ann appointed
director
2014-06-16
➕
FARQUHAR, Daniel John appointed
director
2014-06-16
➕
MACRAE, Marc James Robert appointed
secretary
2014-06-16
➕
MACRAE, Marc James Robert, Councillor appointed
director
2014-06-16
➕
MCVEAN, John Barron appointed
director
2014-06-16
➕
TALLIS, Graeme appointed
director
2014-06-16
➕
WOOD, David John appointed
director
2014-06-06
➕
HARRIS, Sydney Robert, Dr appointed
director
2014-05-06
🏢
Company incorporated
As BUCKIE THISTLE DEVELOPMENT LIMITED
2014-05-06
➕
FARQUHAR, Garry John Grant appointed
director

Owner dependency

63/100

High — earn-out structure required

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 75 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

65/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·

4 director resignations in last 12 months

medium

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

Evidence: PIRIE, David resigned 2025-07-24; HARRIS, Sydney Robert, Dr resigned 2025-07-24; MCVEAN, John Barron resigned 2025-07-24

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Garry John Grant Farquhar Individual · British · DOB 06/1955 · age 71	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016

1 historic (ceased) PSC

Mr Garry John Grant Farquharceased 06/04/2016· 25-50% shares

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 · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ABERDEEN MUAY THAI LIMITED→ SC722857 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
ABERDEEN RIDING CLUB LIMITED→ SC159535 · est 1995 · no financials extracted	—	—	—	—	30y	—	—
ABIGAIL GRAY DRESSAGE LIMITED→ SC881719 · est 2026 · no financials extracted	—	—	—	—	—	—	—
BOGENRAITH EQUESTRIAN LIMITED→ SC612221 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
BON-ACCORD CAMERA CLUB→ SC101004 · est 1986 · no financials extracted	—	—	—	—	39y	—	—
BRAEMAR CASTLE LIMITED→ SC768870 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
BREATHING SPACE STUDIO LIMITED→ SC840007 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
BUCHAN CORPORATE ACTIVITIES LTD.→ SC259768 · est 2003 · no financials extracted	—	—	—	—	22y	—	—
BUCKIE & DISTRICT FISHING HERITAGE CENTRE LTD.→ SC208241 · est 2000 · no financials extracted	—	—	—	—	25y	—	—
BUTLERS TRAVEL ABDN LTD→ SC870804 · est 2025 · no financials extracted	—	—	—	—	—	—	—
CABIN EQUESTRIAN CENTRE LIMITED→ SC346428 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
CAIRN COMPETITIONS LIMITED→ SC810232 · est 2024 · no financials extracted	—	—	—	—	1y	—	—

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

Incorporated2014-05-06

Jurisdictionscotland

Primary SIC93120 — Activities of sport clubs

Registered office

Victoria Park

Midmar Street

Buckie

Banffshire

AB56 1BJ

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2026-05-20

Last: 2025-05-06