FOUR ACRES CHARITABLE TRUST
🌳Matureactive
SC085096 · private-limited-guarant-nsc · incorporated 1983-10-18
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 Mar 2024
Net worth
£670.1k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Operation of historical sites and buildings and similar visitor attractions
Sector: Arts, entertainment & recreation
Investor take
PursueActive trading company with a 73-year-old founder — textbook succession opportunity.
Opportunity 73/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 73). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
12 live charges · 9 lenders · oldest 34.1y
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 34.1 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Legal-friction score 63/100 (high).
Data confidence
Overall: medium (66/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
25 officers (5 active, 25 linked, 22 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
9 connected companies via shared directors
72
Filing history
166 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £670,053
Key financials
1 year extracted from filed iXBRL accountsCash
£71k
Net Worth
£670k
Current Assets
£569k
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-03-31 |
|---|---|
| Total assets | £1.95M |
| Current assets | £568.7k |
| Cash | £70.7k |
| Debtors | £498.0k |
| Net assets | £670.1k |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (67 events)Click to expand
- 2026-01-06📄accounts-with-accounts-type-groupaccounts · AA
- 2025-02-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-29➕BUTLER, Neil appointeddirector
- 2025-01-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-03➕BOYLE, Hugh appointeddirector
- 2024-12-31➖KENNEDY, Gordon Philip resigneddirector
- 2024-12-31➖O'HERLIHY, Donal resigneddirector
- 2024-12-24📄accounts-with-accounts-type-fullaccounts · AA
- 2024-11-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-24➖PATRICK, Stuart Leslie resigneddirector
- 2024-04-03📄accounts-with-accounts-type-fullaccounts · AA
- 2023-11-21📄resolutionresolution · RESOLUTIONS
- 2023-11-21📄memorandum-articlesincorporation · MA
- 2023-08-04📄statement-of-companys-objectschange-of-constitution · CC04
- 2023-08-04📄memorandum-articlesincorporation · MA
- 2023-08-04📄resolutionresolution · RESOLUTIONS
- 2023-04-06📄accounts-with-accounts-type-fullaccounts · AA
- 2022-04-05📄accounts-with-accounts-type-smallaccounts · AA
- 2022-03-28📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-07-02📄accounts-with-accounts-type-smallaccounts · AA
- 2021-03-30📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2019-01-01➕KENNEDY, Gordon Philip appointeddirector
- 2018-07-04➖THOMSON, Oliver Campbell Watt resigneddirector
- 2018-03-06🔒Charge registered #15Lender: The Architectural Heritage Trust
- 2017-03-07➖MCDONALD, Carrick Charles Henderson resigneddirector
- 2014-09-15➕O'HERLIHY, Donal appointeddirector
- 2014-09-15➖O'HERLIHY, Donal resigneddirector
- 2011-03-11🔒Charge registered #14Lender: The Charity Bank Limited
- 2011-02-21➖BLAIR, Pamela Joanne resigneddirector
- 2009-09-30🔒Charge registered #13Lender: The Charity Bank Limited
- 2009-08-15🔓Charge satisfied #8
- 2009-08-15🔓Charge satisfied #7
- 2009-08-15🔓Charge satisfied #4
- 2009-08-15🔓Charge satisfied #1
- 2009-04-28🔓Charge satisfied #3
- 2008-03-19➖SINGLETON, Margaret Grant resigneddirector
- 2006-02-22➕MCDONALD, Carrick Charles Henderson appointeddirector
- 2005-09-30🔒Charge registered #12Lender: The Architectural Heritage Fund
- 2005-08-18🔒Charge registered #11Lender: The Trustees of the National Heritage Memorial Fund
- 2004-09-22➖ROBERTS, Margaret resigneddirector
- 2001-12-11🔒Charge registered #10Lender: The Scottish Ministers
- 2001-11-05🔒Charge registered #9Lender: The Scottish Ministers
- 1999-11-12🔒Charge registered #8Lender: Charities Aid Foundation
- 1997-11-18➖MORTON, Robin James Mackenzie resigneddirector
- 1997-04-09➕ROBERTS, Margaret appointeddirector
- 1996-05-10➖MACKIE, James Gordon resigneddirector
- 1995-08-28➖ANDREWS, Lesley Margaret resigneddirector
- 1995-02-08➕MORTON, Robin James Mackenzie appointeddirector
Showing most recent 50 of 67 events
Owner dependency
55/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 73 — succession pressure is live.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
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.
7 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 · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| EAST KILBRIDE THISTLE JUNIOR FOOTBALL CLUB LIMITED→ SC440525 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| EASTERHOUSE PHOENIX DEVELOPMENT LIMITED→ SC375467 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ERFJ MUSIC LTD→ SC832224 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| EUNOIA PILATES LTD→ SC865650 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| EVENT MUSIC SCOTLAND LTD→ SC815533 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| FALCON FIT GYMS LTD→ SC622200 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| FALCON TOURING LTD→ SC884589 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| FLEX & FLOW STUDIO LTD→ SC769626 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| FLIGHTSDIRECT.COM (INT) LIMITED→ SC557945 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| FOUR DOOR THEATRE LTD→ SC813155 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| FQF SOLUTIONS LIMITED→ SC860999 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FUNCTIONAL STYLE 8 GLASGOW WEST END LTD→ SC830963 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated1983-10-18
Jurisdictionscotland
Primary SIC91030 — Operation of historical sites and buildings and similar visitor attractions
Registered office
1 George Square
Glasgow
G2 1AL
Filing status
Accounts
Next due: 2026-12-29
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-11
Last: 2026-03-28
Officers (5 active · 20 resigned)
Active
Active
BUTLER, Neil→
Activedirector · ~73y · appointed 2025-01-29
View their other companies + combined net worth →
Active
Active
ANDREWS, Lesley Margaret→
Resigneddirector · ~74y · resigned 1995-08-28
BAIN, Heather→
Resigneddirector · ~72y · resigned 1993-06-02
BLAIR, Pamela Joanne→
Resigneddirector · ~75y · resigned 2011-02-21
EAST, Richard William→
Resigneddirector · ~72y · resigned 1993-01-22
GALBRAITH, Mary Mckinnon→
Resigneddirector · appointed 1990-05-09 · resigned 1991-05-10
KENNEDY, Gordon Philip→
Resigneddirector · ~69y · appointed 2019-01-01 · resigned 2024-12-31
MACKIE, James Gordon→
Resigneddirector · ~73y · resigned 1996-05-10
MAXWELL, Alexander Ewing→
Resigneddirector · ~66y · appointed 1993-09-28 · resigned 1994-12-07
MCALEER, John Philip→
Resigneddirector · ~69y · appointed 1994-01-05 · resigned 1994-06-30
MCCLINTOCK, Alan David→
Resigneddirector · ~69y · resigned 1993-06-02
MCDONALD, Carrick Charles Henderson→
Resigneddirector · ~75y · appointed 2006-02-22 · resigned 2017-03-07
MCKERRACHER, Roderick Edward Colquhoun→
Resigneddirector · resigned 1990-05-23
MORTON, Robin James Mackenzie→
Resigneddirector · ~75y · appointed 1995-02-08 · resigned 1997-11-18
O'HERLIHY, Donal→
Resigneddirector · ~64y · appointed 2014-09-15 · resigned 2014-09-15
O'HERLIHY, Donal→
Resigneddirector · ~64y · appointed 1994-01-05 · resigned 2024-12-31
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
7
Outstanding
5
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Architectural Heritage Trust | A registered charge | 1 property | 06/03/2018 | — | |
| outstanding | The Charity Bank The Charity Bank Limited | Standard security | 1 property | 11/03/2011 | — | |
| outstanding | The Charity Bank The Charity Bank Limited | Standard security | 1 property | 30/09/2009 | — | |
| outstanding | The Architectural Heritage Fund | Standard security | 1 property | 30/09/2005 | — | |
| outstanding | The Trustees of the National Heritage Memorial Fund | Standard security | 1 property | 18/08/2005 | — | |
| outstanding | The Scottish Ministers | Standard security | 1 property | 11/12/2001 | — | |
| outstanding | The Scottish Ministers | Bond & floating charge | 1 property | 05/11/2001 | — | |
| satisfied | Charities Aid Foundation | Standard security | 1 property | 12/11/1999 | 15/08/2009 | |
| satisfied | Scottish Community Enterprise Investment Fund Scottish Community Enterprise Investment Fund PLC | Standard security | 1 property | 24/09/1992 | 15/08/2009 | |
| satisfied | Scottish & Newcastle Scottish & Newcastle PLC | Standard security | 1 property | 30/04/1992 | 15/08/2009 | |
| satisfied | Scottish & Newcastle Scottish & Newcastle PLC | Bond & floating charge | 2 properties | 28/04/1992 | 28/04/2009 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 11/03/1992 | 15/08/2009 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (166 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-22
accounts-with-accounts-type-group
accounts · AA
2026-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-18
appoint-person-director-company-with-name-date
officers · AP01
2025-02-16
appoint-person-director-company-with-name-date
officers · AP01
2025-01-08
termination-director-company-with-name-termination-date
officers · TM01
2025-01-08
termination-director-company-with-name-termination-date
officers · TM01
2025-01-08
accounts-with-accounts-type-full
accounts · AA
2024-12-24
termination-director-company-with-name-termination-date
officers · TM01
2024-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-29
accounts-with-accounts-type-full
accounts · AA
2024-04-03
resolution
resolution · RESOLUTIONS
2023-11-21
memorandum-articles
incorporation · MA
2023-11-21
statement-of-companys-objects
change-of-constitution · CC04
2023-08-04
memorandum-articles
incorporation · MA
2023-08-04