KNOCKHILL RACING CIRCUIT LIMITED

🌳Matureactive
SC099128 · ltd · incorporated 1986-05-20
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
—
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: Operation of sports facilities
Sector: Arts, entertainment & recreation
Investor take
Pursue
Active trading company with a 64-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 67/100. Strong seller-intent signal (60/100, director aged 64). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 39.1y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 39.1 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 7 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
116 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
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
—
£0£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Average employees53005000

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-06-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2023-10-26
    ➕
    SHEDDEN, Gordon William appointed
    director
  5. 2023-06-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-06-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-06-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-03-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  10. 2020-03-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2020-03-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2020-03-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2020-03-11
    🔓
    Charge satisfied #2
  14. 2020-03-10
    ➖
    BUTCHER, Derek resigned
    director
  15. 2020-02-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2020-02-20
    🔓
    Charge satisfied #4
  17. 2019-06-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-06-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-06-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2016-10-28
    ➖
    PATERSON, David Stewart resigned
    director
  21. 2006-03-14
    ➕
    PATERSON, David Stewart appointed
    director
  22. 2003-01-28
    ➕
    GRAY, Stuart Ferguson appointed
    director
  23. 2003-01-28
    ➕
    SHEDDEN, Jillian appointed
    director
  24. 2001-09-28
    🔒
    Charge registered #4
    Lender: The Scottish Sports Council
  25. 1997-11-17
    🔒
    Charge registered #2
    Lender: The Fife Council
  26. 1996-01-08
    ➕
    SHEDDEN, Jillian appointed
    secretary
  27. 1996-01-08
    ➖
    BUTCHER, Linda resigned
    secretary
  28. 1996-01-08
    ➖
    BUTCHER, Derek resigned
    director
  29. 1996-01-08
    ➖
    BUTCHER, Linda resigned
    director
  30. 1989-10-20
    ➕
    BUTCHER, Derek appointed
    director
  31. 1987-04-14
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  32. 1986-05-20
    🏢
    Company incorporated
    As KNOCKHILL RACING CIRCUIT LIMITED

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +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 64. 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.)

Group structure

Knockhill Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Knockhill Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
KNOCKHILL RACING CIRCUIT LIMITED
This company · SC099128

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Knockhill Holdings Limited
Corporate entity
75–100%
—75-100% shares10/03/2020
1 historic (ceased) PSC
  • Mr Derek Butcherceased 10/03/2020· 75-100% shares · 75-100% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Typeltd
Incorporated1986-05-20
Jurisdictionscotland
Primary SIC93110 — Operation of sports facilities

Registered office

By Dunfermline
Fife
KY12 9TF

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-11-15
Last: 2025-11-01

Officers (4 active · 5 resigned)

SHEDDEN, Jillian→
secretary · appointed 1996-01-08
View their other companies + combined net worth →
Active
GRAY, Stuart Ferguson→
director · ~64y · appointed 2003-01-28
View their other companies + combined net worth →
Active
SHEDDEN, Gordon William→
director · ~47y · appointed 2023-10-26
View their other companies + combined net worth →
Active
SHEDDEN, Jillian→
director · ~50y · appointed 2003-01-28
View their other companies + combined net worth →
Active
BUTCHER, Linda→
secretary · resigned 1996-01-08
Resigned
BUTCHER, Derek→
director · ~76y · appointed 1989-10-20 · resigned 2020-03-10
Resigned
BUTCHER, Derek→
director · ~76y · resigned 1996-01-08
Resigned
BUTCHER, Linda→
director · ~67y · resigned 1996-01-08
Resigned
PATERSON, David Stewart→
director · ~83y · appointed 2006-03-14 · resigned 2016-10-28
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
The Scottish Sports Council
Standard security1 property28/09/200120/02/2020
satisfied
The Fife Council
Floating charge1 property17/11/199711/03/2020
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property14/04/1987—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (116 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-06
appoint-person-director-company-with-name-date
officers · AP01
2023-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-29
confirmation-statement-with-updates
confirmation-statement · CS01
2020-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2020-03-23
termination-director-company-with-name-termination-date
officers · TM01
2020-03-23