SCOTS GUARDS ASSOCIATION CLUB, LIMITED

🌳Matureactive

SC013223 · private-limited-guarant-nsc · incorporated 1924-06-27

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 21.7y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Licenced clubs

Sector: Accommodation & food service

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 83/100 (exceptional), 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: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 21.7y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 21.7 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (71/100)

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

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

45 officers (7 active, 45 linked, 33 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

1 connected companies via shared directors

Filing history

152 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Average employees	6	600

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

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (97 events)Click to expand

2025-11-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-11-13
📄
change-person-director-company-with-change-date
officers · CH01
2025-11-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-11-10
➕
BELL, Andrew Bruce Peregrine appointed
director
2025-11-10
➕
CAPE, Mark Anthony appointed
director
2024-12-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-15
➕
HARVIE, Peter Andrew appointed
director
2024-01-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-12-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-11
➕
RAE, John Donald appointed
director
2023-12-11
➕
WATSON, Douglas Gerald Campbell appointed
director
2022-12-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-23
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2019-04-01
➖
FERNS, John resigned
secretary
2018-12-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-01-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2013-05-06
➕
FERNS, John appointed
secretary
2013-05-05
➖
BULL, John, Capt resigned
secretary
2012-06-30
➖
CAMPBELL, John Macdiarmid resigned
director
2011-08-26
➕
BULL, John, Capt appointed
secretary
2011-08-26
➖
LOWTHER, Iain Dunbar resigned
secretary
2009-07-23
➕
LOWTHER, Iain Dunbar appointed
secretary
2009-07-23
➖
ROWE, Stuart George resigned
secretary
2009-06-19
➖
BORTHWICK, John Nicol resigned
director
2006-12-12
➕
BORTHWICK, John Nicol appointed
director
2006-12-12
➖
MCKECHNIE, Stephen David resigned
director
2006-02-28
➖
LOWTHER, Iain Dunbar resigned
secretary
2006-02-08
➕
ROWE, Stuart George appointed
secretary
2005-09-07
➕
CAMPBELL, John Macdiarmid appointed
director
2004-11-25
➕
LOWTHER, Iain Dunbar appointed
secretary
2004-11-21
➕
BANKS, James appointed
director
2004-11-18
➖
DONLEVY, Norma Ann Crighton resigned
secretary
2004-11-18
➖
MCKAY, Mark resigned
director
2004-11-04
🔒
Charge registered #2
Lender: Clydesdale Bank Public Limited Company
2004-09-29
➕
DONLEVY, Norma Ann Crighton appointed
secretary
2004-09-29
➖
MACRAE, Duncan Robertson resigned
secretary
2004-09-29
➖
MACRAE, Duncan Robertson resigned
director
2004-09-09
➖
WINTERS, Thomas resigned
secretary
2004-08-22
🔒
Charge registered #1
Lender: Clydesdale Bank Public Limited Company
2004-07-23
➕
DALZEL JOB, Iain Erling, Major appointed
director
2004-07-23
➕
MCKAY, Mark appointed
director
2004-07-23
➕
MCKECHNIE, Stephen David appointed
director
2004-06-28
➕
MACRAE, Duncan Robertson appointed
secretary
2004-06-28
➕
MACRAE, Duncan Robertson appointed
director

Showing most recent 50 of 97 events

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-7 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 80 — succession pressure is live.

Succession & seller-readiness

80/100

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 80 years old. Natural succession window is now.
primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
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.)

🔒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 · Hospitality · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
OMNI TAVERNS LTD.→ SC307655 · est 2006	£2.84M £2.13M–£3.55M	—	—	8600	19y	87	60y
ADJUSTLIGHT LIMITED→ SC139599 · est 1992 · no financials extracted	—	—	—	—	33y	83	58y
ARCHERFIELD HOUSE HOTEL MANAGEMENT LIMITED→ SC272735 · est 2004 · no financials extracted	—	—	—	—	21y	83	79y
COURT HOTEL SUITES LIMITED→ SC373209 · est 2010	—	—	£553.1k	—	16y	83	64y
DESTINATION EDINBURGH LIMITED→ SC357298 · est 2009	—	—	£254.5k	—	17y	83	58y
ELITE HOTELS LIMITED→ SC103199 · est 1987	—	—	—	0	39y	83	76y
J J BEAM LIMITED→ SC132477 · est 1991	—	—	—	18	34y	83	74y
MORAG'S LODGES LIMITED→ SC192271 · est 1998 · no financials extracted	—	—	—	—	27y	83	61y
SALTIRE HOSPITALITY LIMITED→ SC208776 · est 2000	—	—	—	83	25y	83	63y
STAY CITY APARTMENTS LTD.→ SC338588 · est 2008 · no financials extracted	—	—	—	—	18y	83	59y
SWS (GLASGOW ROAD) LIMITED→ SC335054 · est 2007	—	—	—	2200	18y	83	61y
TEUCHTERS (EDINBURGH) LIMITED→ SC395319 · est 2011	—	—	£1.21M	—	15y	83	79y

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

Typeprivate-limited-guarant-nsc

Incorporated1924-06-27

Jurisdictionscotland

Primary SIC56301 — Licenced clubs

Registered office

2 Clifton Terrace

Edinburgh

EH12 5DR

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-08-18

Last: 2025-08-04