LYCIDAS NOMINEES LIMITED

🌳Matureactive
SC110029 · ltd · incorporated 1988-03-23
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2024
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (73/100)

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
Confirmed no charges registered
85
Directors & officers
59 officers (3 active, 59 linked, 55 with DOB)
89
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
244 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
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-03-31

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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (132 events)Click to expand
  1. 2025-12-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-12-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-12-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-10-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2023-10-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-10-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2023-09-30
    ARMSTRONG, Claire appointed
    director
  8. 2023-09-30
    MOORE, Brian Hugh appointed
    director
  9. 2023-09-30
    SUTHERLAND, Iain Duncan resigned
    director
  10. 2022-12-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2022-12-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2022-11-11
    BLYTH, Douglas John resigned
    director
  13. 2022-01-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2021-04-29
    SUTHERLAND, Iain Duncan appointed
    director
  15. 2021-04-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2021-04-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2021-04-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2021-03-31
    GRAHAM, Alexis Irene resigned
    director
  19. 2021-03-31
    KERR, Eleanor Mary resigned
    director
  20. 2021-01-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2021-01-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  22. 2020-12-31
    HARRISON, Roderick Alexander Louden resigned
    director
  23. 2019-12-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  24. 2019-09-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  25. 2019-08-31
    JOHNSTONE, Frank Raine resigned
    director
  26. 2018-12-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  27. 2018-07-30
    HARRISON, Roderick Alexander Louden appointed
    director
  28. 2018-01-26
    HUTCHISON, Rona Nicolson resigned
    director
  29. 2018-01-26
    JOHNSTONE, Frank Raine appointed
    director
  30. 2017-10-27
    DENTONS SECRETARIES LIMITED appointed
    corporate-secretary
  31. 2017-10-27
    MACLAY MURRAY & SPENS LLP resigned
    corporate-secretary
  32. 2017-10-27
    BIGGART, Andrew Stevenson resigned
    director
  33. 2016-10-01
    MCCAA, Lorna Margaret resigned
    director
  34. 2015-09-07
    LYCIDAS SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  35. 2015-09-07
    MACLAY MURRAY & SPENS LLP appointed
    corporate-secretary
  36. 2015-09-07
    AITKEN, Thomas Wilson resigned
    director
  37. 2015-09-07
    BIGGART, Andrew Stevenson appointed
    director
  38. 2015-09-07
    BLACKWOOD, John Grahame resigned
    director
  39. 2015-09-07
    BLYTH, Douglas John appointed
    director
  40. 2015-09-07
    CAMPBELL, Morag resigned
    director
  41. 2015-09-07
    CROFT, Alistair Charles resigned
    director
  42. 2015-09-07
    GHOSH, Ashok resigned
    director
  43. 2015-09-07
    GRAHAM, Alexis Irene appointed
    director
  44. 2015-09-07
    HUTCHISON, Rona Nicolson appointed
    director
  45. 2015-09-07
    KERR, Eleanor Mary appointed
    director
  46. 2015-09-07
    KERR, Scott Thomas Reid resigned
    director
  47. 2015-09-07
    MACKIE, James William Rattray resigned
    director
  48. 2015-09-07
    MCCAA, Lorna Margaret appointed
    director
  49. 2015-09-07
    MILLAR, Colin John resigned
    director
  50. 2015-09-07
    PARKHOUSE, Mark Jonathan resigned
    director
Showing most recent 50 of 132 events

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

Maclay Murray & Spens Llp is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Maclay Murray & Spens Llp
Corporate parent · holds 75-100% shares · board control
ultimate parent
LYCIDAS NOMINEES LIMITED
This company · SC110029

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
Maclay Murray & Spens Llp
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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
Incorporated1988-03-23
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

1 George Square
Glasgow
G2 1AL

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-20
Last: 2025-12-06

Officers (3 active · 56 resigned)

DENTONS SECRETARIES LIMITED
corporate-secretary · appointed 2017-10-27
View their other companies + combined net worth →
Active
ARMSTRONG, Claire
director · ~51y · appointed 2023-09-30
View their other companies + combined net worth →
Active
MOORE, Brian Hugh
director · ~51y · appointed 2023-09-30
View their other companies + combined net worth →
Active
MAILLIE, John Parker
secretary · appointed 1988-03-23 · resigned 1988-06-30
Resigned
LYCIDAS SECRETARIES LIMITED
corporate-nominee-secretary · appointed 1988-06-30 · resigned 2015-09-07
Resigned
MACLAY MURRAY & SPENS LLP
corporate-secretary · appointed 2015-09-07 · resigned 2017-10-27
Resigned
ADAMS, Mark Edward
director · ~51y · appointed 2011-08-01 · resigned 2014-08-29
Resigned
AITKEN, Thomas Wilson
director · ~69y · appointed 1989-03-25 · resigned 2015-09-07
Resigned
BARR, Alan Lamont
director · ~66y · appointed 1988-03-23 · resigned 2015-08-28
Resigned
BELL, Patrick Ian
director · ~59y · appointed 2005-09-01 · resigned 2007-09-21
Resigned
BIGGART, Andrew Stevenson
director · ~66y · appointed 2015-09-07 · resigned 2017-10-27
Resigned
BLACKWOOD, John Grahame
director · ~61y · appointed 2000-03-20 · resigned 2015-09-07
Resigned
BLYTH, Douglas John
director · ~50y · appointed 2015-09-07 · resigned 2022-11-11
Resigned
BROWN, Steven
director · ~70y · appointed 1988-06-30 · resigned 2013-03-24
Resigned
BURROW, Alistair Stewart
director · ~75y · appointed 1991-05-01 · resigned 2001-05-31
Resigned
CAMPBELL, Morag
director · ~69y · appointed 1988-06-30 · resigned 2015-09-07
Resigned
CAMPBELL, Peter Colin
director · ~73y · appointed 1994-01-21 · resigned 1996-03-31
Resigned
CHRYSTIE, Kenneth George, Dr
director · ~80y · appointed 1988-08-01 · resigned 2007-04-30
Resigned
COWIE, Mark Fraser Alexander
director · ~58y · appointed 2000-05-01 · resigned 2015-06-10
Resigned
CROFT, Alistair Charles
director · ~49y · appointed 2014-07-04 · resigned 2015-09-07
Resigned

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

Recent filings (244 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-27
accounts-with-accounts-type-dormant
accounts · AA
2025-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-19
accounts-with-accounts-type-dormant
accounts · AA
2024-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-12
accounts-with-accounts-type-dormant
accounts · AA
2023-12-11
termination-director-company-with-name-termination-date
officers · TM01
2023-10-10
appoint-person-director-company-with-name-date
officers · AP01
2023-10-10
appoint-person-director-company-with-name-date
officers · AP01
2023-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-19
termination-director-company-with-name-termination-date
officers · TM01
2022-12-19
accounts-with-accounts-type-dormant
accounts · AA
2022-12-13
accounts-with-accounts-type-dormant
accounts · AA
2022-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-10
appoint-person-director-company-with-name-date
officers · AP01
2021-04-29