LECHT SKI SCHOOL LIMITED

🌳Matureactive
SC101850 · ltd · incorporated 1986-11-13
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Operation of sports facilities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 73/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: low (40/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
No charge records returned
50
Directors & officers
8 officers (5 active, 8 linked, 4 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
8 connected companies via shared directors
69
Filing history
No filing history
0
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
85
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Corporate timeline (8 events)Click to expand
  1. 2023-01-13
    LECHT SKI CO. LTD appointed
    corporate-director
  2. 2023-01-13
    MCINTOSH, Angus James resigned
    director
  3. 1994-11-10
    CLARK, John Macgilvray appointed
    secretary
  4. 1994-11-10
    CLARK, Hugh Macgilvray appointed
    director
  5. 1994-11-10
    MCINTOSH, Angus James appointed
    director
  6. 1993-12-10
    CAMERON, Jennifer Anne resigned
    secretary
  7. 1993-12-10
    CAMERON, Jennifer Anne resigned
    director
  8. 1986-11-13
    🏢
    Company incorporated
    As LECHT SKI SCHOOL LIMITED

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
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 75 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

85/100
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 75 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 39 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-01-14

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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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.

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🔒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.

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Company details

Statusactive
Typeltd
Incorporated1986-11-13
Jurisdictionscotland
Primary SIC93110 — Operation of sports facilities

Registered office

Lecht Ski Centre
Corgarff
Aberdeenshire
AB3 8YP

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-01-14OVERDUE
Last: 2024-12-31

Officers (5 active · 3 resigned)

CLARK, John Macgilvray
secretary · appointed 1994-11-10
View their other companies + combined net worth →
Active
CLARK, Hugh Macgilvray
director · ~75y · appointed 1994-11-10
View their other companies + combined net worth →
Active
CLARK, John Macgilvray
director · ~65y
View their other companies + combined net worth →
Active
MCPHERSON, John Dru
director · ~66y
View their other companies + combined net worth →
Active
LECHT SKI CO. LTD
corporate-director · appointed 2023-01-13
View their other companies + combined net worth →
Active
CAMERON, Jennifer Anne
secretary · resigned 1993-12-10
Resigned
CAMERON, Jennifer Anne
director · resigned 1993-12-10
Resigned
MCINTOSH, Angus James
director · ~75y · appointed 1994-11-10 · resigned 2023-01-13
Resigned

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