INVERCLYDE COMMUNITY DEVELOPMENT TRUST

🌳Matureactive

SC116334 · private-limited-guarant-nsc · incorporated 1989-02-21

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 opening · high confidence

More negotiable than before — 3 signals weakening over the last 30 days.

· Hygiene score: 77 → 57
· Opportunity score: 79 → 71
· Bankability: 75 → 65
· Distress / opportunity: avoid → speculative

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 35.9y old — refinance window within 12 months

What changed my view

Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

↓Opportunity score: 79 → 71
↓Hygiene score: 77 → 57
↓Bankability: 75 → 65
·Distress / opportunity: avoid → speculative

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

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Human resources provision and management of human resources functions

Sector: Administrative & support services

ALSO REGISTERED FOR

85590Other education n.e.c.
88990Other social work activities without accommodation n.e.c.

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 65/100. 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 (45/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 35.9y

50/100

clean up first

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

· Oldest live charge is 35.9 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: low (49/100)

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

Company profile

address, 3 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

47 officers (8 active, 47 linked, 38 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

3 connected companies via shared directors

Filing history

169 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

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 officers

Last 180 days

filing

• 1 officers

Counts from Companies House filing history.

Corporate timeline (110 events)Click to expand

2026-03-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-12
➖
JACKSON, Colin resigned
director
2025-11-19
📄
accounts-with-accounts-type-full
accounts · AA
2025-01-07
📄
accounts-with-accounts-type-full
accounts · AA
2024-10-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-09-01
➕
BOYD, Christina Mary appointed
director
2023-10-25
📄
accounts-with-accounts-type-full
accounts · AA
2023-06-16
📄
change-person-director-company-with-change-date
officers · CH01
2022-10-06
📄
accounts-with-accounts-type-full
accounts · AA
2022-09-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-09-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-09-15
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2022-09-15
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2022-09-02
➕
AHLFELD, Ross appointed
secretary
2022-09-02
➖
AHLFELD, Ronald Paul resigned
director
2022-09-02
➖
PEARCE, Joseph Robert resigned
director
2022-09-01
➖
SPENCE, Angela Elizabeth resigned
secretary
2022-05-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-05-20
➕
CLOCHERTY, James Joseph appointed
director
2022-05-20
➕
LAW, Kirsty appointed
director
2022-05-20
➖
ROBERTSON, Elizabeth Lynn, Councillor resigned
director
2022-03-29
📄
accounts-with-accounts-type-full
accounts · AA
2022-03-09
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2022-03-09
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2022-03-04
➖
JOHNSTONE, Allan resigned
secretary
2022-03-04
➕
SPENCE, Angela Elizabeth appointed
secretary
2021-06-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-06-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-06-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-06-16
➕
MCNEIL, Duncan appointed
director
2021-06-11
➖
MUIRHEAD, Donald resigned
director
2021-06-04
➖
MCCREADY, Elizabeth Mary resigned
director
2019-11-11
➕
PEARCE, Joseph Robert appointed
director
2019-11-04
➕
DAVIDSON, Rosemary appointed
director
2019-07-08
➕
JOHNSTONE, Allan appointed
secretary
2019-07-08
➖
MCCALLION, James resigned
secretary
2019-07-08
➖
MCCALLION, James resigned
director
2019-07-08
➖
MCCORKINDALE MEEK, Dorothy Eileen resigned
director
2018-02-01
➕
JACKSON, Colin appointed
director
2018-02-01
➕
ROBERTSON, Elizabeth Lynn, Councillor appointed
director
2017-07-17
➖
KELLY, Donald John resigned
director
2017-06-02
➖
CLOCHERTY, James Joseph resigned
director
2017-06-02
➖
REBECCHI, Luciano Angelo Stefano resigned
director
2017-05-24
➖
BLACK, Jack resigned
director
2017-05-24
➖
SPECK, Jennifer Anne resigned
director
2017-05-23
➖
WILLIAMS, Anne Marie resigned
director
2017-04-28
➕
MCCREADY, Elizabeth Mary appointed
director
2017-03-06
➕
SPECK, Jennifer Anne appointed
director

Showing most recent 50 of 110 events

Owner dependency

55/100

Moderate — manageable with handover

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

FACTORS

-7 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 76 — succession pressure is live.

Succession & seller-readiness

68/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 13 years.

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: 2026-05-27

🔒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

9 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.

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Company details

Statusactive

Typeprivate-limited-guarant-nsc

Incorporated1989-02-21

Jurisdictionscotland

Primary SIC78300 — Human resources provision and management of human resources functions

Registered office

Westburn Centre

175 Dalrymple Street

Greenock

PA15 1JZ

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-05-27OVERDUE

Last: 2025-05-13