BALHAGAN EQUESTRIAN SERVICES LTD.
🌳Matureactive
SC524256 · ltd · incorporated 2016-01-14
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 Jan 2025
Net worth
£-103.7k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other sports activities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (73/100).
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
Confirmed no charges registered
85
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
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £103,733
Very low cash
Cash position: £1
Cash draining
Cash down 100% YoY
Cash YoY
-100%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1
↓ 100% YoY
Net Worth
-£104k
↓ 19% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £-103.7k | £-87.4k |
| Cash | £1 | £298 |
| Net assets | £-103.7k | £-87.4k |
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
0
filings
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
- 2025-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-01-14🏢Company incorporatedAs BALHAGAN EQUESTRIAN SERVICES LTD.
- 2016-01-14➕GIBB, William Wiseman appointeddirector
- 2016-01-14➕MACKINNON, Fiona Mary appointeddirector
- 2016-01-14📄incorporation-companyincorporation · NEWINC
Owner dependency
71/100
High — earn-out structure requiredMaterial 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 60 — approaching natural succession window.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
51/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr William Wiseman Gibb Individual · British · DOB 02/1966 · age 60 | 25–50% | — | 25-50% shares | 06/04/2016 |
Ms Fiona Mary Mackinnon Individual · British · DOB 05/1976 · age 50 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Leisure & entertainment · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A4RODEEN LTD→ SC839996 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABERDEEN MUAY THAI LIMITED→ SC722857 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ABERDEEN RIDING CLUB LIMITED→ SC159535 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| ABERDEENSHIRE CRICKET CLUB LIMITED→ SC842872 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABIGAIL GRAY DRESSAGE LIMITED→ SC881719 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| APEX RUGBY ACADEMY LTD→ SC689466 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ARDALLIE ENTERPRISES LTD→ SC848208 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ASPIRE DEVELOPMENTS (NE) LTD→ SC766818 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BALLATER HIGHLAND GAMES→ SC188241 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| BALMORAL ROAD RACES LIMITED→ SC284040 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| BEEJ SCHOOL OF ARTS LTD→ SC503520 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| BELMONT COMMUNITY CINEMA LTD→ SC772886 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2016-01-14
Jurisdictionscotland
Primary SIC93199 — Other sports activities
Registered office
The Stables Bruntyards
Longmanhill
Banff
Aberdeenshire
AB45 3QT
Scotland
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-04
Last: 2026-01-21
Officers (2 active · 0 resigned)
GIBB, William Wiseman→
Activedirector · ~60y · appointed 2016-01-14
View their other companies + combined net worth →
MACKINNON, Fiona Mary→
Activedirector · ~50y · appointed 2016-01-14
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (20 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-01-14