ORKNEY SCIENCE FESTIVAL

🌳Matureactive

SC133038 · private-limited-guarant-nsc-limited-exemption · incorporated 1991-07-24

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.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 29.6y old — refinance window within 12 months

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No material changes in the last 90 days.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£13.4k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Other education n.e.c.

Sector: Education

Investor take

Pursue

Active trading company with a 84-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 84). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 29.6y

65/100

clean up first

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

· Oldest live charge is 29.6 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — workable, but lender will want more DD.

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

13 officers (10 active, 13 linked, 12 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

2 connected companies via shared directors

Filing history

84 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £13,373

Cash YoY

-1%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£11k

~ YoY

Net Worth

£13k

↑ 15% YoY

Current Assets

£20k

↑ 12% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£13.4k	£11.6k
Current assets	£20.3k	£18.1k
Cash	£10.9k	£11.0k
Debtors	£9.4k	£7.2k
Net assets	£13.4k	£11.6k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (33 events)Click to expand

2025-12-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-05-30
➕
LEITH, John Leask appointed
director
2019-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-04-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-04-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-04-19
➕
BEWS, Irene appointed
director
2018-04-19
➕
MACKIE, Joan Harcus appointed
director
2017-12-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-12-20
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-01-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-08-19
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2013-06-05
➖
SCOTT, Eoin Flett resigned
director
2013-04-06
➕
BROWN, Phyllis Work appointed
director
2011-10-28
➕
ANNAL, William Andrew appointed
director
2011-10-28
➕
BICHAN, Graham Frank Matches appointed
director
2008-09-03
➖
DREVER, Michael James Flett resigned
director
1996-12-09
🔒
Charge registered #1
Lender: Clydesdale Bank Public Limited Company
1992-11-18
➖
FLETT, Roy John resigned
director
1991-07-24
🏢
Company incorporated
As ORKNEY SCIENCE FESTIVAL
1991-07-24
➕
FIRTH, Howard Nicol appointed
secretary
1991-07-24
➕
FIRTH, Howard Nicol appointed
director
1991-07-24
➕
GOURLAY, Joshua John Omand Anderson appointed
director
1991-07-24
➕
WILSON, Bryce Sutherland appointed
director
1991-07-24
➕
DREVER, Michael James Flett appointed
director
1991-07-24
➕
FLETT, Roy John appointed
director
1991-07-24
➕
SCOTT, Eoin Flett appointed
director

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-9 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 84 — succession pressure is live.

Succession & seller-readiness

90/100

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 84 years old. Natural succession window is now.
primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 35 years old and no new directors in the last 3 years — succession not yet being planned internally.
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.)

🔒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

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CARE FIRST WORLD LTD→ SC330340 · est 2007	—	—	£134	—	18y	80	80y
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MORAY DRIVING SCHOOL LTD→ SC361142 · est 2009	—	—	—	—	17y	80	58y
THE QUALIFICATIONS COMPANY LIMITED→ SC215029 · est 2001	—	—	—	200	25y	80	66y
ARK CHILDCARE LTD.→ SC269791 · est 2004	—	—	—	2900	22y	79	60y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 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-limited-exemption

Incorporated1991-07-24

Jurisdictionscotland

Primary SIC85590 — Other education n.e.c.

Registered office

Oakbank, 1 Linksfield Court

Elgin

Moray

IV30 5JB

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-08-07

Last: 2025-07-24