SCOTTISH LEATHER GROUP LIMITED

🌳Matureactive

SC042020 · ltd · incorporated 1965-04-05

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 38.0y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 15110

Sector: Manufacturing

Investor take

Pursue

Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 38.0y

65/100

clean up first

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

· Oldest live charge is 38.0 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 28/100 — workable, but lender will want more DD.

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

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

30 officers (8 active, 30 linked, 26 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

7 connected companies via shared directors

Filing history

195 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

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.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (69 events)Click to expand

2025-10-13
📄
accounts-with-accounts-type-group
accounts · AA
2025-07-14
📄
change-person-director-company-with-change-date
officers · CH01
2025-07-14
📄
change-person-director-company-with-change-date
officers · CH01
2025-07-01
➕
CHALK, Lesley Elizabeth appointed
secretary
2025-07-01
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2025-07-01
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2025-06-30
➖
BROWN, Ronald Walter resigned
secretary
2024-11-11
📄
accounts-with-accounts-type-group
accounts · AA
2024-09-20
📄
memorandum-articles
incorporation · MA
2024-09-19
📄
resolution
resolution · RESOLUTIONS
2024-09-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-09-01
➕
MUIRHEAD, Andrew James Macfie appointed
director
2023-11-09
📄
accounts-with-accounts-type-group
accounts · AA
2023-10-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-10-01
➕
MCDONALD, Michelle appointed
director
2023-09-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-09-12
➖
BROWN, Robert Muirhead Birnie resigned
director
2023-09-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-08-31
➖
HENNING, Steven Simon resigned
director
2023-07-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-06-30
➕
MORSE, Stella Helen appointed
director
2023-06-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-06-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-05-31
➖
DAVIDSON, James resigned
director
2023-05-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-05-25
➕
CARNACHAN, Michael Thomas appointed
director
2023-03-31
➖
ARCHIBALD, David Milligan resigned
director
2022-11-01
📄
accounts-with-accounts-type-group
accounts · AA
2022-10-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-10-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-10-01
➕
HENNING, Steven Simon appointed
director
2022-10-01
➖
MCFADYEN, Iain Fleming resigned
director
2022-06-30
➖
KERR, Alastair Gibson resigned
director
2022-06-30
➖
MARSHALL, Margaret Karen Sutherland resigned
director
2022-06-30
➖
SMITH, Edward John Gerard resigned
director
2022-06-22
➖
MACTAGGART, Dugald resigned
director
2021-10-01
➕
SCOTT, Pamela Elizabeth appointed
director
2020-08-20
➕
MUIRHEAD, Nicholas Ramsay appointed
director
2020-08-20
➕
ARCHIBALD, David Milligan appointed
director
2019-11-20
➖
LUNDIE, Ian Allison resigned
director
2019-09-02
➕
MACTAGGART, Dugald appointed
director
2019-06-28
➖
MUIRHEAD, Jonathan Andrew Macfie resigned
director
2016-12-31
➖
DUFFIN, Iain Donaldson resigned
director
2016-11-01
➕
KERR, Alastair Gibson appointed
director
2016-11-01
➕
SMITH, Edward John Gerard appointed
director
2014-06-27
➖
ROSS, Gordon resigned
director
2013-05-01
➕
BROWN, Robert Muirhead Birnie appointed
director
2013-01-07
➕
LUNDIE, Ian Allison appointed
director
2012-04-01
➕
DAVIDSON, James appointed
director
2012-01-31
🔓
Charge satisfied #1

Showing most recent 50 of 69 events

Owner dependency

88/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

-7 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "SCOTT" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 65 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 23 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 · Manufacturing · PA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
PROFESSIONAL BEAUTY SYSTEMS (HOLDINGS) LIMITED→ SC313968 · est 2006	£18.63M £14.49M–£22.77M	—	—	—	19y	83	86y
PROFESSIONAL BEAUTY SYSTEMS LIMITED→ SC080712 · est 1982	£13.66M £10.63M–£16.70M	—	—	27700	43y	88	86y
SAFER SCOTLAND LTD→ SC526884 · est 2016	£6.90M £5.37M–£8.44M	£12.22M	—	6600	10y	85	65y
SMITH & MCLAURIN LIMITED→ SC229817 · est 2002	£3.37M £2.62M–£4.12M	—	—	7500	24y	85	68y
AQUASKY LIMITED→ SC189598 · est 1998	£351.8k £273.6k–£430.0k	£303.3k	—	400	27y	85	74y
CARLTON DIE CASTINGS LIMITED→ SC083494 · est 1983	—	—	£704.5k	—	42y	83	83y
DAVID SMITH (FABRICATORS) LIMITED→ SC056938 · est 1975	—	—	£184.3k	—	51y	83	58y
JGB STEELCRAFT (U.K.) LIMITED→ SC130494 · est 1991	—	—	£673.3k	—	35y	83	60y
MCKINLAY & BLAIR LIMITED→ SC052147 · est 1973 · no financials extracted	—	—	—	—	53y	83	68y
STRATHBOND LIMITED→ SC044198 · est 1967	—	—	£511.8k	—	59y	83	63y
ADAM MILLAR & SONS LTD.→ SC245027 · est 2003	—	—	£262.7k	—	23y	82	58y
ALBA TYRE MANAGEMENT LIMITED→ SC272387 · est 2004	—	—	£179.9k	—	21y	82	62y

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.

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Company details

Statusactive

Typeltd

Incorporated1965-04-05

Jurisdictionscotland

Primary SIC15110 — SIC 15110

Registered office

Locher House

Kilbarchan Road

Bridge Of Weir

Renfrewshire

PA11 3RN

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-08-11

Last: 2025-07-28