STROMNESS GOLF CLUB LIMITED (THE)

🌳Matureactive
SC013419 · ltd · incorporated 1924-12-09
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 45.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Activities of sport clubs
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and acceptable with review structure.

Opportunity 83/100 (exceptional), bankability 70/100. 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 · 2 lenders · oldest 45.3y

50/100
clean up first

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

  • · Oldest live charge is 45.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 38/100 — workable, but lender will want more DD.

Data confidence

Overall: low (49/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
54 officers (10 active, 54 linked, 48 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
183 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (110 events)Click to expand
  1. 2025-12-08
    📄
    replacement-filing-of-director-appointment-with-name
    officers · RP01AP01
  2. 2025-12-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-12-01
    MACLEAN, Fenella Mary resigned
    director
  4. 2025-07-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-04-02
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2025-04-02
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  7. 2025-04-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-03-31
    GROUNDWATER, Andrew Paplay appointed
    secretary
  9. 2025-03-31
    MACLEOD, Colin John resigned
    secretary
  10. 2025-03-31
    BURNS, Scott resigned
    director
  11. 2024-11-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2024-11-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2024-11-21
    GROUNDWATER, Andrew Paplay appointed
    director
  14. 2024-11-21
    SHORTER, Graham Martin appointed
    director
  15. 2024-06-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2023-11-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2023-11-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2023-11-01
    INKSTER, Kenneth appointed
    director
  19. 2023-11-01
    WOODWARD, Andrew John appointed
    director
  20. 2023-04-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2023-03-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2023-03-23
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  23. 2023-03-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2023-03-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  25. 2023-03-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  26. 2023-03-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  27. 2023-03-20
    WATT, Jennifer Joyce appointed
    director
  28. 2023-03-20
    BLACK, William resigned
    director
  29. 2023-03-20
    JOHNSTON, Donald Alexander resigned
    director
  30. 2023-03-20
    MACLEAN, Fenella Mary appointed
    director
  31. 2023-03-20
    STOCKAN, Lloyd resigned
    director
  32. 2022-07-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  33. 2021-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  34. 2020-12-01
    MCDILL, Ewan Edwin appointed
    director
  35. 2020-12-01
    HARCUS, Morgan resigned
    director
  36. 2020-12-01
    HARVEY, Denis resigned
    director
  37. 2019-10-18
    WISHART, Elaine resigned
    director
  38. 2018-11-19
    BURNS, Scott appointed
    director
  39. 2018-11-19
    HARVEY, Denis appointed
    director
  40. 2018-11-19
    JOHNSTON, Donald Alexander appointed
    director
  41. 2017-11-16
    COUPERWHITE, Chessa resigned
    director
  42. 2017-11-16
    GARSON, David James resigned
    director
  43. 2017-11-16
    INNES, Colin Melvin resigned
    director
  44. 2017-11-16
    SINCLAIR, Alfred Knowles resigned
    director
  45. 2015-02-20
    STANGER, Shane Wilson appointed
    director
  46. 2015-02-20
    HEDDLE, Ann Helen resigned
    director
  47. 2014-02-21
    FOULKES, Barbara resigned
    director
  48. 2013-02-22
    COUPERWHITE, Chessa appointed
    director
  49. 2013-02-22
    HARCUS, Morgan appointed
    director
  50. 2013-02-22
    STEVENSON, John Ralph resigned
    director
Showing most recent 50 of 110 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
  • -9 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

73/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 19 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.)
🔒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
Incorporated1924-12-09
Jurisdictionscotland
Primary SIC93120 — Activities of sport clubs

Registered office

Golf House
Ness
Stromness
KW16 3DW

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-11
Last: 2025-10-28

Officers (10 active · 44 resigned)

GROUNDWATER, Andrew Paplay
secretary · appointed 2025-03-31
View their other companies + combined net worth →
Active
GROUNDWATER, Andrew Paplay
director · ~47y · appointed 2024-11-21
View their other companies + combined net worth →
Active
INKSTER, Kenneth
director · ~56y · appointed 2023-11-01
View their other companies + combined net worth →
Active
MACLEOD, Colin John
director · ~68y · appointed 2007-02-16
View their other companies + combined net worth →
Active
MCDILL, Ewan Edwin
director · ~41y · appointed 2020-12-01
View their other companies + combined net worth →
Active
SHORTER, Graham Martin
director · ~72y · appointed 2024-11-21
View their other companies + combined net worth →
Active
STANGER, Shane Wilson
director · ~60y · appointed 2015-02-20
View their other companies + combined net worth →
Active
THOMSON, Ronald
director · ~59y · appointed 2010-03-05
View their other companies + combined net worth →
Active
WATT, Jennifer Joyce
director · ~50y · appointed 2023-03-20
View their other companies + combined net worth →
Active
WOODWARD, Andrew John
director · ~58y · appointed 2023-11-01
View their other companies + combined net worth →
Active
BEVAN, Graham Alexander
secretary · appointed 1998-02-20 · resigned 2008-02-14
Resigned
GROUNDWATER, Frederick John
secretary · resigned 1998-02-20
Resigned
MACLEOD, Colin John
secretary · appointed 2008-02-12 · resigned 2025-03-31
Resigned
ARGO, Ian W
director · ~92y · resigned 1996-01-12
Resigned
BAIN, Thomas
director · ~77y · appointed 1996-01-12 · resigned 1997-01-17
Resigned
BEVAN, Graham Alexander
director · ~69y · appointed 1993-10-14 · resigned 2010-03-05
Resigned
BLACK, William
director · ~82y · appointed 1997-01-17 · resigned 2023-03-20
Resigned
BLACK, William
director · ~82y · resigned 1993-01-13
Resigned
BURNS, Scott
director · ~44y · appointed 2018-11-19 · resigned 2025-03-31
Resigned
CLOUSTON, Charles Harrold
director · ~98y · appointed 1992-10-31 · resigned 1993-10-14
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property08/03/1999
outstanding
Orkney Islands Council
Standard security1 property12/03/1981
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (183 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-03
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2025-12-08
termination-director-company-with-name-termination-date
officers · TM01
2025-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-25
termination-secretary-company-with-name-termination-date
officers · TM02
2025-04-02
appoint-person-secretary-company-with-name-date
officers · AP03
2025-04-02
termination-director-company-with-name-termination-date
officers · TM01
2025-04-02
appoint-person-director-company-with-name-date
officers · AP01
2024-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-25
appoint-person-director-company-with-name-date
officers · AP01
2024-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-08
appoint-person-director-company-with-name-date
officers · AP01
2023-11-08
appoint-person-director-company-with-name-date
officers · AP01
2023-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-04