LOCHSIDE THEATRE HOLDINGS LIMITED

⚰️Wound downconverted-closed

SC094542 · converted-or-closed · incorporated 1985-07-31

Investment thesis

Company converted closed — not a live target.

Why interesting: Historical record only; useful for precedent research.

Why risky: Not transactable.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 33.6y old — refinance window within 12 months

What changed my view

Last 30 days

No material changes in the last 30 days.

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

—

not disclosed

Net worth

—

book net assets

Opportunity

71/100

Strong

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What this business does

Primary activity: Performing arts

Sector: Arts, entertainment & recreation

ALSO REGISTERED FOR

90040Operation of arts facilities

Investor take

Pursue

Strong opportunity: unclear with strong profile and bankable structure.

Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 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

1 live charge · oldest 33.6y

65/100

clean up first

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

· Oldest live charge is 33.6 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: low (47/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile

address, 2 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

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

Directors & officers

66 officers (12 active, 66 linked, 54 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

150 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

71/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Concerning — overdue filings or status flags present.

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 (127 events)Click to expand

2013-07-30
📄
resolution
resolution · RESOLUTIONS
2013-07-30
🏁
Company dissolved
2013-03-14
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-09-17
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2012-04-11
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-04-05
📄
termination-director-company-with-name
officers · TM01
2012-03-05
➖
WILLIAMS, Gillian resigned
director
2011-09-27
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2011-09-27
📄
termination-director-company-with-name
officers · TM01
2011-09-27
📄
termination-director-company-with-name
officers · TM01
2011-03-23
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-03-07
➖
MCCARTNEY, Iain resigned
director
2011-03-07
➖
REEVES, Craig Alexander resigned
director
2010-09-16
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2010-09-16
📄
change-person-director-company-with-change-date
officers · CH01
2010-09-16
📄
change-person-director-company-with-change-date
officers · CH01
2010-09-16
📄
change-person-director-company-with-change-date
officers · CH01
2010-09-16
📄
change-person-director-company-with-change-date
officers · CH01
2010-09-16
📄
change-person-director-company-with-change-date
officers · CH01
2010-09-16
📄
change-person-director-company-with-change-date
officers · CH01
2010-09-16
📄
change-person-director-company-with-change-date
officers · CH01
2010-09-16
📄
change-person-director-company-with-change-date
officers · CH01
2010-09-16
📄
change-person-director-company-with-change-date
officers · CH01
2010-03-11
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-10-07
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2009-03-24
📄
legacy
officers · 288a
2009-03-23
📄
legacy
officers · 288b
2009-03-20
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-03-09
➖
HENDERSON, Robert James resigned
director
2009-03-09
➕
WILLIAMS, Gillian appointed
director
2008-10-03
📄
legacy
annual-return · 363a
2008-09-01
➖
MCSKIMMING, Frances Mary resigned
director
2008-09-01
➖
REES, Mhairi Christine resigned
director
2008-03-03
➖
REES, Mark Stephen resigned
director
2008-03-03
➕
REES, Mhairi Christine appointed
director
2007-08-31
➖
MYER, Charles Francis Dunford resigned
director
2006-03-06
➕
MCINTYRE, Christine Mary appointed
director
2005-03-07
➖
FEENAN, James resigned
director
2005-01-10
➖
BROWN, Ann resigned
director
2004-03-02
➖
FEENAN, Jacqueline Ann resigned
director
2004-03-02
➕
MYER, Charles Francis Dunford appointed
director
2002-03-04
➕
MCCARTNEY, Hazel appointed
director
2002-03-04
➕
BROWN, Ann appointed
director
2001-03-06
➖
CARSON, Finlay Hamilton resigned
director
2001-03-06
➖
GORDON, James Gray resigned
director
2000-10-02
➕
STODDART, David Cunningham appointed
director
2000-03-07
➕
MCCARTNEY, Iain appointed
director
2000-03-07
➖
TURNBULL, Gillian Wallace resigned
director
1999-05-03
➕
POTTS, Kay appointed
director
1999-05-03
➕
MCSKIMMING, Frances Mary appointed
director

Showing most recent 50 of 127 events

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-11 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 87 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 87 years old. Natural succession window is now.
primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 41 years old and no new directors in the last 3 years — succession not yet being planned internally.
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.)

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Peers ranked by estimated value, then turnover, then opportunity score.See all →

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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.

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Company details

Statusconverted-closed

Typeconverted-or-closed

Incorporated1985-07-31

Jurisdictionscotland

Primary SIC90010 — Performing arts

Registered office

236 King Street

Castle Douglas

Kirkcudbrightshire

DG7 1DS

Filing status

Accounts

Next due: —

Last made up to: 2012-08-31

Confirmation statement

Next due: —

Last: —