EDINBURGH INTERNATIONAL FESTIVAL SOCIETY

🌳Matureactive

SC024766 · private-limited-guarant-nsc · incorporated 1946-11-22

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

—

not disclosed

Net worth

—

book net assets

Opportunity

77/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Support activities to performing arts

Sector: Arts, entertainment & recreation

Investor take

Pursue

Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 18.7y

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 18.7 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Legal-friction score 48/100 (high).

Data confidence

Overall: low (51/100)

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

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

100 officers (15 active, 100 linked, 94 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

6 connected companies via shared directors

Filing history

458 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

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.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (198 events)Click to expand

2025-08-28
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-07-30
📄
accounts-with-accounts-type-group
accounts · AA
2025-07-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-07-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-07-07
📄
change-person-director-company-with-change-date
officers · CH01
2025-07-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-07-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-06-25
➕
GILMOUR, Andrew James appointed
director
2025-06-25
➕
MCDONALD, Lyn appointed
director
2025-06-25
➕
REGLINSKI, Michelle Elizabeth appointed
director
2025-06-25
➕
YIU, Christopher Li-Ren appointed
director
2025-06-25
➖
BELL, Leonie Sarah resigned
director
2025-06-25
➖
CONDRON, Christopher John resigned
director
2025-06-25
➖
HENDERSON, Ann Davina resigned
director
2025-04-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-03-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-02-24
➕
MEAGHER, Jane Elizabeth appointed
director
2025-02-24
➕
TAYLOR, John, Dr appointed
director
2024-12-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-12-09
➖
DAY, Cameron Blyth, Cllr resigned
director
2024-10-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-09-13
➖
DAVIS, Marion Elizabeth resigned
director
2024-09-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-09-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-09-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-07-12
📄
accounts-with-accounts-type-group
accounts · AA
2024-05-29
➕
GROSSART, Flure Mary Kerr appointed
director
2024-05-29
➕
NOLAN, Martin Gerard appointed
director
2024-03-20
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2024-03-20
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2024-02-12
➕
PATERSON, Katherine Anne Victoria appointed
secretary
2024-02-12
➖
HEGYI, Francesca resigned
secretary
2023-11-27
📄
resolution
resolution · RESOLUTIONS
2023-11-27
📄
memorandum-articles
incorporation · MA
2023-08-05
➕
HEGYI, Francesca appointed
director
2022-06-30
➕
OSLER, Harriet Erica Grace, Cllr appointed
director
2022-06-30
➕
DAY, Cameron Blyth, Cllr appointed
director
2022-01-18
🔒
Charge registered #4
Lender: Lothian Pension Fund (Acting Through Its Administering Authority, the City of Edinburgh Council)
2021-11-29
➕
MOWAT, Joanna, Cllr appointed
director
2021-06-28
➕
PHANOS, Spiro Alexander appointed
director
2021-06-28
➖
LOTHIAN, Niall, Professor resigned
director
2020-12-01
➕
AKEJU, Lara appointed
director
2020-11-20
🔒
Charge registered #2
Lender: Carol Colburn Grigor
2020-11-19
🔒
Charge registered #3
Lender: Carol Colburn Grigor (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01).
2019-08-03
➕
BELL, Leonie Sarah appointed
director
2019-08-03
➕
CONDRON, Christopher John appointed
director

Showing most recent 50 of 198 events

Owner dependency

55/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-14 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

60/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.

Red flags

1 med ·

3 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BELL, Leonie Sarah resigned 2025-06-25; CONDRON, Christopher John resigned 2025-06-25; HENDERSON, Ann Davina resigned 2025-06-25

🔒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 · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
EDINBURGH CITY FC ACADEMY LTD→ SC877070 · est 2026 · no financials extracted	—	—	—	—	—	—	—
EDINBURGH CITY TRAVEL LIMITED→ SC823880 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
EDINBURGH INTERNATIONAL CULTURE SUMMIT FOUNDATION→ SC474473 · est 2014 · no financials extracted	—	—	—	—	12y	—	—
EDINBURGH LEISURE→ SC179259 · est 1997 · no financials extracted	—	—	—	—	28y	—	—
EDINBURGH OPEN WORKSHOP LTD→ SC567658 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
EDINBURGH SPANISH FILM FESTIVAL C.I.C.→ SC773811 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
EDWARDS COACHING & VISUALS LTD→ SC830028 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
EK FITNESS ACADEMY LTD→ SC800478 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
ELEVATE98 LTD→ SC671426 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
ENERGIZE HEALTH AND FITNESS LIMITED→ SC831722 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ENJOY EAST LOTHIAN LIMITED→ SC356338 · est 2009 · no financials extracted	—	—	—	—	17y	—	—
ENJOY EAST LOTHIAN TRADING LIMITED→ SC441392 · est 2013 · no financials extracted	—	—	—	—	13y	—	—

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

Typeprivate-limited-guarant-nsc

Incorporated1946-11-22

Jurisdictionscotland

Primary SIC90020 — Support activities to performing arts

Registered office

The Hub

Edinburgh's Festival Centre

Castlehill Royal Mile

Edinburgh

EH1 2NE

Filing status

Accounts

Next due: 2026-07-31

Last made up to: 2024-10-31

Confirmation statement

Next due: 2026-11-14

Last: 2025-10-31