ANDERSON STRATHERN TRUSTEE COMPANY LIMITED

🌳Matureactive

SC074397 · private-limited-guarant-nsc · incorporated 1981-04-06

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.

Why now

Window opening · medium confidence

More negotiable than before — 1 signals weakening over the last 30 days.

· Opportunity score: 83 → 77

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 18.1y old — refinance window within 12 months

What changed my view

Last 30 days

Picture worsened over the last 30 days — 1 negative signal vs 0 positive.

↓Opportunity score: 83 → 77

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

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: Non-trading company

Sector: Professional, scientific & technical

Investor take

Pursue

Strong opportunity: dormant / non-trading with strong profile and acceptable with review structure.

Opportunity 77/100 (strong), bankability 65/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 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

4 live charges · 2 lenders · oldest 18.1y

50/100

clean up first

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

· Oldest live charge is 18.1 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: medium (72/100)

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

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

Directors & officers

49 officers (13 active, 49 linked, 45 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

4 connected companies via shared directors

Filing history

218 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.

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	2025-03-31	2024-03-31

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

Recent activity

Last 30 days

filing

• 1 officers

Last 90 days

filing

• 1 officers

Last 180 days

filing

• 1 officers

Counts from Companies House filing history.

Corporate timeline (98 events)Click to expand

2026-07-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-31
➖
BROWN, Simon Thomas David resigned
director
2025-12-11
➖
TRIPP, Euan Charles Morgan resigned
director
2025-12-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-12-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-12-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-12-04
📄
change-person-director-company-with-change-date
officers · CH01
2025-12-03
➕
LAUGHLAND, Russell Stuart appointed
director
2025-12-03
➕
MURRAY, Laura Elizabeth appointed
director
2025-11-03
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-12-20
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-12-10
📄
change-person-director-company-with-change-date
officers · CH01
2024-12-10
📄
change-person-director-company-with-change-date
officers · CH01
2024-01-05
➖
PEUTHERER, John Douglas Willison resigned
director
2024-01-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-12
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-12
📄
change-corporate-secretary-company-with-change-date
officers · CH04
2023-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-09-21
🔒
Charge registered #4
Lender: Teviot Wf Limited
2023-09-01
➕
PRINGLE, Caroline Alexandra appointed
director
2023-01-27
➕
RICHARDSON, Jemma Rachel appointed
director
2021-12-17
➖
HENDERSON, Colin Bruce resigned
director
2020-07-06
➕
MCGUIGAN, Siobhan Clare appointed
director
2019-09-01
➕
JOHNSTONE, Alasdair Scott appointed
director
2019-08-31
➖
MILLER, Catriona Margaret Binnie resigned
director
2019-07-01
➕
TRIPP, Euan Charles Morgan appointed
director
2019-03-17
➖
KERR, John Neilson resigned
director
2018-09-01
➖
HUNTER, David William resigned
director
2017-11-30
➕
CAMPBELL, David Haddow appointed
director
2017-11-30
➕
CAMPBELL, Martin Stuart appointed
director
2017-11-23
➕
JONES, Janice appointed
director
2017-11-23
➕
YOUNG, Colin Forrest Graham appointed
director
2017-09-01
➖
GUNN, Alexander David resigned
director
2017-09-01
➖
WILKIN, Christopher George Andrew resigned
director
2016-11-14
➖
STEWART, Alec Dougal resigned
director
2016-08-31
➖
BIGGAR, John Morrison Hay resigned
director
2016-05-03
➖
PENNEL, Lynda Elizabeth resigned
director
2016-05-03
➕
PEUTHERER, John Douglas Willison appointed
director
2016-05-03
➖
SHARP, Robert Alan resigned
director
2016-04-12
➕
JALICY, Sara Marziyeh appointed
director
2016-03-01
➕
MILLER, Catriona Margaret Binnie appointed
director

Showing most recent 50 of 98 events

Owner dependency

56/100

Moderate — manageable with handover

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

FACTORS

-12 active directors: Broader management team in place — suggests transferable governance.
+Senior director age: Director aged approximately 62 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

53/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
secondary12+ year tenure: Director in role 12 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·

2 director resignations in last 12 months

medium

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

Evidence: BROWN, Simon Thomas David resigned 2026-03-31; TRIPP, Euan Charles Morgan resigned 2025-12-11

🔒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 · Holding company · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
THE TUITEAM COMPANY LIMITED→ SC189123 · est 1998	£1.27M £1.08M–£1.46M	—	£1.27M	—	27y	83	85y
GLENDINNING ASSETS LIMITED→ SC185169 · est 1998	£898.3k £763.5k–£1.03M	—	£898.3k	—	28y	82	69y
MDW SCOTLAND LTD→ SC206317 · est 2000	£395.2k £335.9k–£454.5k	—	£395.2k	—	26y	82	76y
PWP HOLDINGS LIMITED→ SC177994 · est 1997	£179.2k £152.3k–£206.1k	—	£179.2k	—	28y	82	67y
D.C. AGRICULTURAL HOLDINGS LIMITED→ SC215245 · est 2001	£13.2k £11.2k–£15.2k	—	£13.2k	—	25y	82	71y
HISTORIC LOTHIAN PROTECTION & DEVELOPMENT LIMITED→ SC231712 · est 2002	£9.4k £8.0k–£10.8k	—	£9.4k	—	24y	82	73y
CRAIGLEITH ELECTRONICS LIMITED→ SC162758 · est 1996	£6.1k £5.2k–£7.0k	—	£6.1k	—	30y	82	71y
HOT SPRING PORTABLE SPAS (SCOTLAND) LIMITED→ SC148582 · est 1994	£3.0k £2.6k–£3.5k	—	£3.0k	—	32y	82	65y
CP WAREHOUSING LIMITED→ SC247121 · est 2003	£2.4k £2.0k–£2.7k	—	£2.4k	—	23y	83	79y
MURRAY CAPITAL GROUP LIMITED→ SC375630 · est 2010	£1.0k £850–£1.1k	—	£1.0k	—	16y	82	75y
BALFOUR & MANSON PROPERTY LTD.→ SC041493 · est 1964	£401 £341–£461	—	£401	—	61y	82	66y
DOW INVESTMENTS PLC→ SC125363 · est 1990	—	—	—	1363	36y	85	69y

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

Typeprivate-limited-guarant-nsc

Incorporated1981-04-06

Jurisdictionscotland

Primary SIC74990 — Non-trading company

Registered office

C/O Anderson Strathern Llp

58 Morrison Street

Edinburgh

EH3 8BP

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-12-13

Last: 2025-11-29