THE RICHARD DEMARCO FOUNDATION

🌳Matureactive

SC044855 · private-limited-guarant-nsc · incorporated 1967-08-01

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 37.7y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2024

Net worth

—

book net assets

Opportunity

70/100

Strong

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What this business does

Primary activity: Operation of arts facilities

Sector: Arts, entertainment & recreation

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 70/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 37.7y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 37.7 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 20/100 — clean.

Data confidence

Overall: medium (73/100)

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

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

Directors & officers

41 officers (8 active, 41 linked, 34 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

5 connected companies via shared directors

Filing history

187 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

70/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review 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 · FRS 102

Metric	2024-09-30	2023-09-30
Average employees	0	0

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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

filing

• 1 address

Last 90 days

filings

• 2 address

Last 180 days

filings

• 3 address

Counts from Companies House filing history.

Corporate timeline (88 events)Click to expand

2026-04-13
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-05
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-20
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-28
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-15
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2025-10-15
✏️
change-of-name-exemption
change-of-name · NE01
2025-10-15
📄
resolution
resolution · RESOLUTIONS
2025-06-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-22
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-05-22
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-05-09
➖
MAXWELL STUART, Catherine resigned
director
2024-05-09
➖
MULLER, Mark, Professor resigned
director
2024-02-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-31
➕
SCHNEIDER, Edward Joseph appointed
director
2024-01-31
➕
MAXWELL STUART, Catherine appointed
director
2024-01-31
➕
MULLER, Mark, Professor appointed
director
2023-10-19
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2022-12-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-08
📄
change-person-director-company-with-change-date
officers · CH01
2022-12-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-12-05
➕
MCDOWELL, Robert John Frederick appointed
director
2022-11-11
📄
change-person-secretary-company-with-change-date
officers · CH03
2021-12-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-31
➖
BRUTON, Annette resigned
director
2021-03-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-11-22
➖
WITTS, Noel, Prof. resigned
director
2020-05-22
➕
WATSON, Arthur appointed
director
2019-08-09
➖
SUTHERLAND, Giles Hansen resigned
director
2019-02-06
➖
BERRY, Graham resigned
director
2018-12-05
➖
LAZAROWICZ, Marek Jerzy resigned
director
2018-10-03
➖
LAW, Wendy Lee resigned
director
2018-09-05
➕
GRAHAM, Douglas Riddle Ross appointed
secretary
2018-09-05
➖
BRUTON, Annette resigned
secretary
2018-06-13
➕
FEDERICI, Marco Josef, Dr appointed
director
2018-05-16
➕
GRAHAM, Douglas Riddle Ross appointed
director
2018-05-03
➕
BRUTON, Annette appointed
secretary
2018-05-03
➖
GASCOIGNE, Michael Neil Clifton resigned
secretary
2018-04-18
➕
BERRY, Graham appointed
director
2018-04-18
➕
BRUTON, Annette appointed
director
2018-04-18
➕
LAW, Wendy Lee appointed
director
2018-04-18
➕
LAZAROWICZ, Marek Jerzy appointed
director
2018-04-18
➕
SUTHERLAND, Giles Hansen appointed
director
2018-03-29
➖
MARTIN, John Oswald Russell resigned
director
2018-02-20
➖
DUNCAN, David Graham Bruce resigned
director
2018-02-20
➖
MEARNS, Margaret Lamont resigned
director
2018-02-20
➖
NASMYTH, Mary Leonie resigned
director
2016-02-12
➖
BEATTIE, Colin resigned
director

Showing most recent 50 of 88 events

Owner dependency

80/100

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 "DEMARCO" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 96 — succession pressure is live.

Succession & seller-readiness

68/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 96 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 19 years.

Red flags

1 high · 1 med · 1 low

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-12-20

Name changed 2 times

medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-10-15: certificate-change-of-name-company; 2025-10-15: change-of-name-exemption

Multiple registered office changes

low

Multiple address changes in a short period can indicate operational instability or admin disorder.

🔒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

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Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
DORNOCH AND DISTRICT COMMUNITY ASSOCIATION→ SC375856 · est 2010	—	—	£346.7k	—	16y	83	84y
HIGHLAND GLIDING CLUB LIMITED→ SC155807 · est 1995	—	—	£218.2k	—	31y	83	71y
MONIACK MHOR LIMITED→ SC131468 · est 1991 · no financials extracted	—	—	—	—	35y	83	73y
ON HIGH HILLS LTD→ SC661851 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
PRODUCTION & TOURING SOLUTIONS LTD→ SC879794 · est 2026 · no financials extracted	—	—	—	—	—	—	—
RIVERHEAD TRADING LTD→ SC880518 · est 2026 · no financials extracted	—	—	—	—	—	—	—
SKYEFARI LTD→ SC669526 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
STARDUST (SKYE) LTD→ SC756757 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
TOE 2 TOE DANCE LIMITED→ SC822558 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
TOE 2 TOE ENTERTAINMENT LTD→ SC804104 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
TORRIDON OUTDOORS LTD.→ SC588852 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
TOURING SCOTLAND MATTERS LTD→ SC727137 · est 2022 · no financials extracted	—	—	—	—	4y	—	—

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

Incorporated1967-08-01

Jurisdictionscotland

Primary SIC90040 — Operation of arts facilities

Registered office

Stroma Wellbank

Beauly

Inverness

IV4 7EX

Scotland

Filing status

Accounts

Next due: 2026-06-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2025-12-20OVERDUE

Last: 2024-12-06