KIRKCALDY ICE RINK LIMITED
🌳Matureactive
SC020182 · ltd · incorporated 1938-02-01
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Operation of sports facilities
Sector: Arts, entertainment & recreation
Investor take
PursueActive trading company with a 81-year-old founder — textbook succession opportunity.
Opportunity 74/100 (strong), bankability 57/100. Strong seller-intent signal (68/100, director aged 81). Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
9 live charges · 5 lenders · oldest 44.8y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 44.8 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 48/100 (high).
Data confidence
Overall: medium (75/100)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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
15 officers (3 active, 15 linked, 10 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
18 connected companies via shared directors
90
Filing history
134 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Average employees | 1200 | 1100 |
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
3
filings
- • 2 confirmation-statement
- • 1 officers
Last 90 days
4
filings
- • 2 confirmation-statement
- • 2 officers
Last 180 days
5
filings
- • 2 confirmation-statement
- • 2 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (50 events)Click to expand
- 2026-04-14📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2026-04-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-05📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2026-02-28➖WRIGHT, Brian Robert resigneddirector
- 2026-01-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-29➕EQ ACCOUNTANTS LIMITED appointedcorporate-secretary
- 2024-01-29➖EQ ACCOUNTANTS LLP resignedcorporate-secretary
- 2024-01-29📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2024-01-29📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2024-01-29📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-01-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-30➖STEVENSON, Lynne Janet resigneddirector
- 2023-10-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-10-14📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2022-10-14📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-10-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-07➖WRIGHT, Brian Robert resignedsecretary
- 2022-09-07➕EQ ACCOUNTANTS LLP appointedcorporate-secretary
- 2021-09-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-20➖MUIR, Thomas resigneddirector
- 2013-09-02🔒Charge registered #10Lender: The Scottish Sports Council (Trading as Sportscotland)
- 2013-01-29🔓Charge satisfied #4
- 2012-12-11➕MUIR, Thomas appointeddirector
- 2007-03-28➕STEVENSON, Lynne Janet appointeddirector
- 2007-03-03➖HARDIE, George Scott resigneddirector
- 1999-03-04🔓Charge satisfied #9
- 1999-03-04🔓Charge satisfied #8
- 1996-12-27➖ANDERSON, John Charles Lindsay resigneddirector
- 1996-12-13🔒Charge registered #9Lender: The Fife Council
- 1996-11-07🔒Charge registered #8Lender: The Fife Council
- 1996-07-10➖BOYACK, David Robertson resigneddirector
- 1996-02-26➖BEATTIE, Margaret Alison resigneddirector
- 1995-04-19🔓Charge satisfied #7
- 1991-11-28➕BOYACK, David Robertson appointeddirector
- 1991-01-03➖KINNAIRD, David Walker resigneddirector
- 1990-11-20➕HARDIE, George Scott appointeddirector
- 1990-09-27➖CHRISP, Robert resigneddirector
- 1990-05-25➕WRIGHT, Brian Robert appointeddirector
- 1990-05-17➖FERNIE, Robert Alfred resigneddirector
- 1986-09-25🔒Charge registered #7Lender: Drybrough & Company LTD
- 1986-09-25🔒Charge registered #5Lender: Drybrough & Company LTD
- 1984-01-19🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 1982-11-03🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 1982-04-07🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1981-07-20🔒Charge registered #1Lender: Ind Coope Alloa Brewery Company LTD
- 1938-02-01🏢Company incorporatedAs KIRKCALDY ICE RINK LIMITED
Owner dependency
73/100
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.
- +Founder age: Director aged approximately 81 — succession pressure is live.
Succession & seller-readiness
79/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
🔒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 · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| IRELAND ENTERTAINMENTS LTD→ SC778483 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| KEO WALKER RACING LTD→ SC847808 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| KINETIC WAVE LTD→ SC848999 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| KINO ENTERTAINMENT LIMITED→ SC408066 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| KIRKCALDY YMCA→ SC251119 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| LINDSAY ENTERPRISES SCOTLAND LIMITED→ SC480555 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| LINKS GOLF TRAVEL LIMITED→ SC175888 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| LOVE TRAVEL ADVENTURES LTD→ SC686393 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| LUMA PILATES LIMITED→ SC819994 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MDUK COMPS LTD→ SC833356 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| MH STRENGTH LTD→ SC790289 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| MIKE BUZZA EVENT SERVICES LTD→ SC861436 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1938-02-01
Jurisdictionscotland
Primary SIC93110 — Operation of sports facilities
Registered office
Fife Ice Arena
Rosslyn Street
Kirkcaldy
Fife
KY1 3HS
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31
Officers (3 active · 12 resigned)
EQ ACCOUNTANTS LIMITED→
Activecorporate-secretary · appointed 2024-01-29
View their other companies + combined net worth →
Active
MUIR, Thomas→
Activedirector · ~71y · appointed 2012-12-11
View their other companies + combined net worth →
WRIGHT, Brian Robert→
Resignedsecretary · resigned 2022-09-07
EQ ACCOUNTANTS LLP→
Resignedcorporate-secretary · appointed 2022-09-07 · resigned 2024-01-29
ANDERSON, John Charles Lindsay→
Resigneddirector · ~118y · resigned 1996-12-27
BEATTIE, Margaret Alison→
Resigneddirector · ~104y · resigned 1996-02-26
BOYACK, David Robertson→
Resigneddirector · ~86y · appointed 1991-11-28 · resigned 1996-07-10
CHRISP, Robert→
Resigneddirector · ~80y · resigned 1990-09-27
FERNIE, Robert Alfred→
Resigneddirector · resigned 1990-05-17
HARDIE, George Scott→
Resigneddirector · ~100y · appointed 1990-11-20 · resigned 2007-03-03
KINNAIRD, David Walker→
Resigneddirector · resigned 1991-01-03
MUIR, Thomas→
Resigneddirector · ~103y · resigned 2018-10-20
STEVENSON, Lynne Janet→
Resigneddirector · ~76y · appointed 2007-03-28 · resigned 2023-10-30
WRIGHT, Brian Robert→
Resigneddirector · ~85y · appointed 1990-05-25 · resigned 2026-02-28
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
5
Outstanding
4
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Scottish Sports Council (Trading as Sportscotland) | A registered charge | 1 property | 02/09/2013 | — | |
| satisfied | The Fife Council | Standard security | 1 property | 13/12/1996 | 04/03/1999 | |
| satisfied | The Fife Council | Floating charge | 1 property | 07/11/1996 | 04/03/1999 | |
| satisfied | Drybrough & Company Drybrough & Company LTD | Floating charge | 1 property | 25/09/1986 | 19/04/1995 | |
| outstanding | Drybrough & Company Drybrough & Company LTD | Standard security | 1 property | 25/09/1986 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 19/01/1984 | 29/01/2013 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 03/11/1982 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 07/04/1982 | — | |
| outstanding | Ind Coope Alloa Brewery Company Ind Coope Alloa Brewery Company LTD | Standard security | 1 property | 20/07/1981 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (134 total)
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-04-14
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-02
termination-director-company-with-name-termination-date
officers · TM01
2026-04-02
change-corporate-secretary-company-with-change-date
officers · CH04
2026-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-12
change-corporate-secretary-company-with-change-date
officers · CH04
2024-01-29
appoint-corporate-secretary-company-with-name-date
officers · AP04
2024-01-29
termination-secretary-company-with-name-termination-date
officers · TM02
2024-01-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-22
termination-director-company-with-name-termination-date
officers · TM01
2023-10-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-04
appoint-corporate-secretary-company-with-name-date
officers · AP04
2022-10-14