BALFOUR & MANSON TRUSTEES
🌳Matureactive
SC099585 · private-limited-guarant-nsc · incorporated 1986-06-13
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 steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
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
—
year to Oct 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
PursueActive trading company with a 66-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 66). 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 (45/100).
🏦
Refinance opportunity
7 live charges · 3 lenders · oldest 36.3y
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 36.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 48/100 (high).
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
75
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
79 officers (7 active, 79 linked, 75 with DOB)
89
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
271 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
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 | 2024-10-31 | 2023-10-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (172 events)Click to expand
- 2025-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-01➖BAIN, Daniel Clark resigneddirector
- 2025-10-01➖CLARK-SPENCE, Julie Ann resigneddirector
- 2025-10-01➖DEANE, Gordon Fletcher resigneddirector
- 2025-10-01➖FOULIS, Jamie Munro resigneddirector
- 2025-10-01➖GUTHRIE, Michaela Jill resigneddirector
- 2025-10-01➖KNIGHT, Kirsten Isobell resigneddirector
- 2025-10-01➖LITTLEFAIR, Peter James resigneddirector
- 2025-10-01➖LOGAN, Ann Agnes resigneddirector
- 2025-10-01➖MAYBERRY, Simon Jonathan Ross resigneddirector
- 2025-10-01➖MULCAHY, Lynne resigneddirector
- 2025-10-01➖MULES, Sindi resigneddirector
- 2025-10-01➖NICHOL, Stephanie resigneddirector
- 2025-10-01➖SHIELS, Sarah Ann resigneddirector
- 2025-10-01➖SHORT, David resigneddirector
- 2025-08-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-08-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-07-31➖MOTION, Elaine Joyce resigneddirector
- 2025-07-01➕TORRANCE, Catriona Alice appointeddirector
- 2025-06-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-30➖ZAK, Stephanie Francesca resigneddirector
- 2025-01-21📄second-filing-of-director-termination-with-nameofficers · RP04TM01
- 2024-11-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-31➖MCINTOSH, David Stewart resigneddirector
- 2024-07-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-26➖BROWN, Shona resigneddirector
- 2024-06-28➖SMITH, Shona Houston resigneddirector
- 2024-06-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-04-09➕LAWSON, Greg Scott appointeddirector
- 2024-04-09➕MCKAY, Amy Louise appointeddirector
- 2023-12-26➖WALKER, Martin David resigneddirector
- 2023-11-01➕WALLACE, William appointeddirector
- 2023-11-01➕LITTLEFAIR, Peter James appointeddirector
- 2023-09-18➕BAIN, Daniel Clark appointeddirector
- 2023-07-14➖MUIRS, Fiona Kirsty resigneddirector
Showing most recent 50 of 172 events
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -6 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 66 — succession pressure is live.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 34 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
2 med ·15 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: BAIN, Daniel Clark resigned 2025-10-01; CLARK-SPENCE, Julie Ann resigned 2025-10-01; DEANE, Gordon Fletcher resigned 2025-10-01
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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 · Trade services · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ELGIN INFRASTRUCTURE LIMITED→ SC366432 · est 2009 | £50.96M £38.22M–£63.70M | — | — | 0 | 16y | 94 | 64y |
| STIRLING GATEWAY LIMITED→ SC291034 · est 2005 | £5.98M £4.49M–£7.48M | — | — | 0 | 20y | 88 | 70y |
| UNITED CAPITAL GROUP LTD→ SC550711 · est 2016 | £5.96M £4.47M–£7.45M | — | — | 297 | 9y | 84 | 83y |
| ELGIN EDUCATION (ABERDEENSHIRE 2) LIMITED→ SC259895 · est 2003 | £5.44M £4.08M–£6.80M | — | — | 0 | 22y | 84 | 64y |
| PPP SERVICES (NORTH AYRSHIRE) LIMITED→ SC294870 · est 2005 | £5.04M £3.78M–£6.30M | — | — | 0 | 20y | 87 | 60y |
| DISCOVERY EDUCATION PLC→ SC313681 · est 2006 | £4.97M £3.73M–£6.22M | — | — | 0 | 19y | 90 | 61y |
| ABC SCHOOLS LIMITED→ SC281989 · est 2005 | £4.71M £3.53M–£5.89M | — | — | 0 | 21y | 84 | 71y |
| PPP SERVICES (NORTH AYRSHIRE) HOLDINGS LIMITED→ SC294861 · est 2005 | £4.61M £3.46M–£5.76M | — | — | 0 | 20y | 87 | 60y |
| GLASGOW HEALTHCARE FACILITIES (HOLDINGS) LIMITED→ SC290718 · est 2005 | £4.00M £3.00M–£5.00M | — | — | 0 | 20y | 84 | 63y |
| DSF HOLDINGS LIMITED→ SC239681 · est 2002 | £3.91M £2.93M–£4.89M | — | — | 7 | 23y | 87 | 61y |
| LOCHGILPHEAD HEALTHCARE SERVICES LIMITED→ SC240996 · est 2002 | £3.83M £2.88M–£4.79M | — | — | 0 | 23y | 84 | 60y |
| FCC (EAST AYRSHIRE) LIMITED→ SC300469 · est 2006 | £3.70M £2.78M–£4.63M | — | — | 0 | 20y | 87 | 60y |
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
Incorporated1986-06-13
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.
Registered office
58 Frederick Street
Edinburgh
EH2 1LS
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31
Officers (7 active · 72 resigned)
BALFOUR + MANSON LLP→
Activecorporate-secretary · appointed 2007-09-10
View their other companies + combined net worth →
LAWSON, Greg Scott→
Activedirector · ~35y · appointed 2024-04-09
View their other companies + combined net worth →
MCKAY, Amy Louise→
Activedirector · ~46y · appointed 2024-04-09
View their other companies + combined net worth →
ROBERTSON, Kenneth Stewart→
Activedirector · ~66y · appointed 1992-01-17
View their other companies + combined net worth →
THOMSON, Graeme Henry→
Activedirector · ~50y · appointed 2021-01-01
View their other companies + combined net worth →
TORRANCE, Catriona Alice→
Activedirector · ~52y · appointed 2025-07-01
View their other companies + combined net worth →
WALLACE, William→
Activedirector · ~33y · appointed 2023-11-01
View their other companies + combined net worth →
CRAIGMYLE, Elizabeth White→
Resignedsecretary · appointed 2004-05-01 · resigned 2004-05-01
BALFOUR + MANSON→
Resignedcorporate-secretary · resigned 2007-09-10
ANGUS, Hugh Donald Walter→
Resigneddirector · ~64y · appointed 2015-02-02 · resigned 2023-01-27
BAIN, Daniel Clark→
Resigneddirector · ~47y · appointed 2023-09-18 · resigned 2025-10-01
BALFOUR, Ian Leslie Shaw→
Resigneddirector · ~94y · resigned 1997-11-15
BALFOUR, William Harold St Clair→
Resigneddirector · ~92y · resigned 1997-11-15
BEATTIE, Carolyn Guild→
Resigneddirector · ~61y · appointed 1999-11-01 · resigned 2001-08-31
BROWN, Shona→
Resigneddirector · ~66y · appointed 2014-09-19 · resigned 2024-07-26
BURNS, Murray Alfred Agnew→
Resigneddirector · ~76y · appointed 1993-02-22 · resigned 2008-11-01
CAMPBELL, David Haddow→
Resigneddirector · ~61y · appointed 2010-04-12 · resigned 2017-05-01
CLARK-SPENCE, Julie Ann→
Resigneddirector · ~48y · appointed 2014-06-09 · resigned 2025-10-01
CRAIG, James Leith Johnstone→
Resigneddirector · ~82y · resigned 2004-03-31
CRAIGMYLE, Elizabeth White→
Resigneddirector · ~68y · appointed 2004-05-01 · resigned 2007-02-28
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
4
Outstanding
2
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Richmond Homes (Scotland) Richmond Homes (Scotland) Limited | Standard security | 1 property | 02/03/2009 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 14/09/1999 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 14/09/1999 | 04/11/2015 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 31/05/1996 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 28/12/1994 | 04/11/2015 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 30/09/1992 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 06/02/1990 | 04/11/2015 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (271 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-12
termination-director-company-with-name-termination-date
officers · TM01
2025-10-02
termination-director-company-with-name-termination-date
officers · TM01
2025-10-02
termination-director-company-with-name-termination-date
officers · TM01
2025-10-02
termination-director-company-with-name-termination-date
officers · TM01
2025-10-02
termination-director-company-with-name-termination-date
officers · TM01
2025-10-02
termination-director-company-with-name-termination-date
officers · TM01
2025-10-02
termination-director-company-with-name-termination-date
officers · TM01
2025-10-02
termination-director-company-with-name-termination-date
officers · TM01
2025-10-02
termination-director-company-with-name-termination-date
officers · TM01
2025-10-02
termination-director-company-with-name-termination-date
officers · TM01
2025-10-02
termination-director-company-with-name-termination-date
officers · TM01
2025-10-02
termination-director-company-with-name-termination-date
officers · TM01
2025-10-02
termination-director-company-with-name-termination-date
officers · TM01
2025-10-02
termination-director-company-with-name-termination-date
officers · TM01
2025-10-02