THE NORTH AMERICAN INCOME TRUST PLC
🌳Matureactive
SC005218 · plc · incorporated 1902-11-20
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 61.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Activities of investment trusts
Sector: Financial & insurance
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 79/100 (strong), bankability 62/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 61.8y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 61.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: low (50/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
19 officers (7 active, 19 linked, 16 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
5 connected companies via shared directors
60
Filing history
1475 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
2
filings
- • 2 capital
Last 180 days
9
filings
- • 7 capital
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (51 events)Click to expand
- 2026-02-04📄capital-return-purchase-own-shares-treasury-capital-datecapital · SH03
- 2026-02-04📄capital-return-purchase-own-shares-treasury-capital-datecapital · SH03
- 2026-01-06📄capital-return-purchase-own-shares-treasury-capital-datecapital · SH03
- 2026-01-06📄capital-return-purchase-own-shares-treasury-capital-datecapital · SH03
- 2026-01-05📄capital-return-purchase-own-shares-treasury-capital-datecapital · SH03
- 2026-01-05📄capital-return-purchase-own-sharescapital · SH03
- 2026-01-05📄capital-return-purchase-own-shares-treasury-capital-datecapital · SH03
- 2025-11-25📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-27📄capital-return-purchase-own-shares-treasury-capital-datecapital · SH03
- 2025-10-20📄capital-return-purchase-own-shares-treasury-capital-datecapital · SH03
- 2025-10-20📄capital-return-purchase-own-shares-treasury-capital-datecapital · SH03
- 2025-10-20📄capital-return-purchase-own-shares-treasury-capital-datecapital · SH03
- 2025-10-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-01➕ADEBIYI, John Daniel Abiodun appointeddirector
- 2025-08-26📄capital-return-purchase-own-shares-treasury-capital-datecapital · SH03
- 2025-08-26📄capital-return-purchase-own-shares-treasury-capital-datecapital · SH03
- 2025-08-18📄capital-return-purchase-own-shares-treasury-capital-datecapital · SH03
- 2025-07-24📄capital-return-purchase-own-shares-treasury-capital-datecapital · SH03
- 2025-06-17📄resolutionresolution · RESOLUTIONS
- 2025-06-16📄accounts-with-accounts-type-fullaccounts · AA
- 2025-06-06📄capital-return-purchase-own-shares-treasury-capital-datecapital · SH03
- 2025-06-06📄capital-return-purchase-own-shares-treasury-capital-datecapital · SH03
- 2025-05-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-05-08📄capital-return-purchase-own-shares-treasury-capital-datecapital · SH03
- 2025-05-01➕BARRETT, Bulbul appointeddirector
- 2024-08-01➕JANUS HENDERSON SECRETARIAL SERVICES UK LIMITED appointedcorporate-secretary
- 2024-08-01➖ABRDN HOLDINGS LIMITED resignedcorporate-secretary
- 2024-06-21➖RICE, Susan Ilene, Lady resigneddirector
- 2022-07-01➕EDWARDSON, Patrick James appointeddirector
- 2021-12-31➖FERGUSON, James Gordon Dickson resigneddirector
- 2018-09-18➕LAMONT, Kathryn Elizabeth appointeddirector
- 2018-09-18➕NICKLIN, Susannah Elizabeth Mckean appointeddirector
- 2018-09-18➖CRAWFORD, Guy Mervyn Archdall resigneddirector
- 2018-09-18➖HUNTER, Archibald Sinclair resigneddirector
- 2017-06-13➕PARK, Charles John Roberson appointeddirector
- 2015-03-17➕RICE, Susan Ilene, Lady appointeddirector
- 2008-03-28➕ABRDN HOLDINGS LIMITED appointedcorporate-secretary
- 2008-03-28➖EDINBURGH FUND MANAGERS PLC resignedcorporate-secretary
- 2007-05-23➖GROSSART, Angus Mcfarlane Mcleod, Sir resigneddirector
- 2004-03-08➕CRAWFORD, Guy Mervyn Archdall appointeddirector
- 2003-12-25➖WILSON, William Moore resigneddirector
- 2003-09-01➕HUNTER, Archibald Sinclair appointeddirector
- 2002-05-13➖EARL OF MANSFIELD, William David Mungo James, The Right Honourable resigneddirector
- 2002-03-12➕FERGUSON, James Gordon Dickson appointeddirector
- 1997-09-30➖MACFARLANE OF BEARSDEN, Lord resigneddirector
- 1997-07-27➖GOOLD, James Duncan resigneddirector
- 1993-12-21➕WILSON, William Moore appointeddirector
- 1992-05-01➖HILL, Henry Peter resigneddirector
- 1989-06-30➕HILL, Henry Peter appointeddirector
- 1964-07-21🔒Charge registered #2Lender: Caledonian Insurance Company as Trustees for the Holders(A) £675,000 3 3/4% Debenture Stock 1965/75 (B)£200,000 4% Debenture Stock 1979/85 (C) £500,000 5 1/2% Debenture Stock 1980/85
Showing most recent 50 of 51 events
Owner dependency
48/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -6 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒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 · Financial services · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AMATI GLOBAL INVESTORS LIMITED→ SC199908 · est 1999 | £8.90M £6.47M–£11.33M | — | — | 2800 | 26y | 84 | 66y |
| CS MANAGERS LTD→ SC231678 · est 2002 | £1.50M £1.09M–£1.91M | — | — | 1200 | 23y | 86 | 77y |
| GBCP VII (GENERAL PARTNER) LIMITED→ SC253395 · est 2003 · no financials extracted | — | — | — | — | 22y | 83 | 62y |
| NOBLE GROSSART LIMITED→ SC046265 · est 1969 · no financials extracted | — | — | — | — | 57y | 83 | 72y |
| PREMIER COMMERCIAL LIMITED→ SC160330 · est 1995 | — | — | £282.5k | — | 30y | 83 | 61y |
| RIA CAPITAL MARKETS LIMITED→ SC226461 · est 2001 · no financials extracted | — | — | — | — | 24y | 83 | 58y |
| SCOTIA WEALTH MANAGEMENT LTD.→ SC267795 · est 2004 | — | — | — | 1300 | 21y | 83 | 58y |
| ALAN STEEL (ASSET MANAGEMENT) LIMITED→ SC058014 · est 1975 | — | — | — | 44 | 50y | 82 | 62y |
| ALEX HAMMOND-CHAMBERS & COMPANY→ SC126819 · est 1990 · no financials extracted | — | — | — | — | 35y | 82 | 84y |
| BANDRON LIMITED→ SC082385 · est 1983 | — | — | — | 400 | 43y | 82 | 71y |
| BRIDGEPOINT EUROPE (SGP) LTD→ SC332267 · est 2007 · no financials extracted | — | — | — | — | 18y | 82 | 61y |
| FAMILY & BUSINESS ASSURANCE (SERVICES) LIMITED→ SC347357 · est 2008 | — | — | £50.9k | — | 17y | 82 | 67y |
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
Typeplc
Incorporated1902-11-20
Jurisdictionscotland
Primary SIC64301 — Activities of investment trusts
Registered office
4 North St. Andrew Street
Edinburgh
EH2 1HJ
Scotland
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-18
Last: 2026-01-04
Officers (7 active · 12 resigned)
JANUS HENDERSON SECRETARIAL SERVICES UK LIMITED→
Activecorporate-secretary · appointed 2024-08-01
View their other companies + combined net worth →
ADEBIYI, John Daniel Abiodun→
Activedirector · ~58y · appointed 2025-10-01
View their other companies + combined net worth →
BARRETT, Bulbul→
Activedirector · ~58y · appointed 2025-05-01
View their other companies + combined net worth →
EDWARDSON, Patrick James→
Activedirector · ~55y · appointed 2022-07-01
View their other companies + combined net worth →
LAMONT, Kathryn Elizabeth→
Activedirector · ~58y · appointed 2018-09-18
View their other companies + combined net worth →
NICKLIN, Susannah Elizabeth Mckean→
Activedirector · ~57y · appointed 2018-09-18
View their other companies + combined net worth →
PARK, Charles John Roberson→
Activedirector · ~60y · appointed 2017-06-13
View their other companies + combined net worth →
ABRDN HOLDINGS LIMITED→
Resignedcorporate-secretary · appointed 2008-03-28 · resigned 2024-08-01
EDINBURGH FUND MANAGERS PLC→
Resignedcorporate-secretary · resigned 2008-03-28
CRAWFORD, Guy Mervyn Archdall→
Resigneddirector · ~85y · appointed 2004-03-08 · resigned 2018-09-18
EARL OF MANSFIELD, William David Mungo James, The Right Honourable→
Resigneddirector · ~96y · resigned 2002-05-13
FERGUSON, James Gordon Dickson→
Resigneddirector · ~79y · appointed 2002-03-12 · resigned 2021-12-31
GOOLD, James Duncan→
Resigneddirector · ~92y · resigned 1997-07-27
GROSSART, Angus Mcfarlane Mcleod, Sir→
Resigneddirector · ~89y · resigned 2007-05-23
HILL, Henry Peter→
Resigneddirector · ~77y · appointed 1989-06-30 · resigned 1992-05-01
HUNTER, Archibald Sinclair→
Resigneddirector · ~83y · appointed 2003-09-01 · resigned 2018-09-18
MACFARLANE OF BEARSDEN, Lord→
Resigneddirector · ~100y · resigned 1997-09-30
RICE, Susan Ilene, Lady→
Resigneddirector · ~80y · appointed 2015-03-17 · resigned 2024-06-21
WILSON, William Moore→
Resigneddirector · ~89y · appointed 1993-12-21 · resigned 2003-12-25
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| part-satisfied | Caledonian Insurance Company as Trustees for the Holders(A) £675,000 3 3/4% Debenture Stock 1965/75 (B)£200,000 4% Debenture Stock 1979/85 (C) £500,000 5 1/2% Debenture Stock 1980/85 / The Said Caledonian Insurance Company is Trustees for the Holders(A) £550,000 5% Debenture Stock 1967/77 (B) £100,000 4% Debenture Stock 1979/85 / Murray Beith & Murray for Behalf of Scottish Union Jack Association(In Respect of Deposit Receipt for £8,000) | Instrument of charge | 1 property | 21/07/1964 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (1475 total)
capital-return-purchase-own-shares-treasury-capital-date
capital · SH03
2026-02-04
capital-return-purchase-own-shares-treasury-capital-date
capital · SH03
2026-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-16
capital-return-purchase-own-shares-treasury-capital-date
capital · SH03
2026-01-06
capital-return-purchase-own-shares-treasury-capital-date
capital · SH03
2026-01-06
capital-return-purchase-own-shares-treasury-capital-date
capital · SH03
2026-01-05
capital-return-purchase-own-shares
capital · SH03
2026-01-05
capital-return-purchase-own-shares-treasury-capital-date
capital · SH03
2026-01-05
change-person-director-company-with-change-date
officers · CH01
2025-11-25
capital-return-purchase-own-shares-treasury-capital-date
capital · SH03
2025-10-27
capital-return-purchase-own-shares-treasury-capital-date
capital · SH03
2025-10-20
capital-return-purchase-own-shares-treasury-capital-date
capital · SH03
2025-10-20
capital-return-purchase-own-shares-treasury-capital-date
capital · SH03
2025-10-20
appoint-person-director-company-with-name-date
officers · AP01
2025-10-09
capital-return-purchase-own-shares-treasury-capital-date
capital · SH03
2025-08-26