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 29.5y 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 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 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 29.5y

65/100

clean up first

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

· Oldest live charge is 29.5 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

filing

• 1 accounts

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.

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Similar companies

Active · Education & training · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ASSYNT LEISURE→ SC208883 · est 2000	—	—	£902.0k	—	25y	83	70y
NANSEN HIGHLAND→ SC191841 · est 1998 · no financials extracted	—	—	—	—	27y	83	72y
LES ENFANTS NURSERIES LTD.→ SC299437 · est 2006	—	—	—	7000	20y	82	60y
BARBARAVILLE IMPROVEMENT GROUP LIMITED→ SC212569 · est 2000	—	—	£39.5k	—	25y	81	84y
LAIRG & DISTRICT LEARNING CENTRE→ SC381245 · est 2010 · no financials extracted	—	—	—	—	15y	81	83y
OUTF!T-MORAY→ SC295252 · est 2006 · no financials extracted	—	—	—	—	20y	81	70y
RHET HIGHLAND COUNTRYSIDE INITIATIVE→ SC303911 · est 2006 · no financials extracted	—	—	—	—	19y	81	76y
TORRIDON EDUCATION GROUP LIMITED→ SC246917 · est 2003	—	—	£156.1k	—	23y	81	60y
V.I.P. CHILDCARE - MORAY→ SC329503 · est 2007 · no financials extracted	—	—	—	—	18y	81	65y
AIGAS FIELD CENTRE LIMITED→ SC498637 · est 2015	—	—	—	2600	11y	80	80y
BALANCED PERCEPTIONS LIMITED→ SC286711 · est 2005	—	—	—	—	20y	80	68y
CARE FIRST WORLD LTD→ SC330340 · est 2007	—	—	£134	—	18y	80	80y

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