TONGUE AND FARR SPORTS ASSOCIATION

🌳Matureactive
SC136908 · private-limited-guarant-nsc-limited-exemption · incorporated 1992-02-28
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
Upgrade to see
Turnover
year to Apr 2025
Net worth
£183.3k
book net assets
Opportunity
81/100
Exceptional
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What this business does
Primary activity: Operation of sports facilities
Sector: Arts, entertainment & recreation
Investor take
Pursue
Asset-holding vehicle with a 69-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
11 officers (5 active, 11 linked, 10 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
9 connected companies via shared directors
72
Filing history
90 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £183,268
Net assets shrinking
Down £7,861 YoY
Cash YoY
-28%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£26k
↓ 28% YoY
Net Worth
£183k
↓ 4.1% YoY
Current Assets
£27k
↓ 27% YoY
Current Liabilities
£0£38k£76k£115k£153k£191kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-052024-04-05
Total assets£183.3k£191.1k
Current assets£27.3k£37.6k
Cash£26.1k£36.4k
Debtors£1.3k£1.3k
Net assets£183.3k£191.1k

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

🔒Filing-note intelligence

2 signals 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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-03-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2025-12-31
    MILEHAM, Susan resigned
    director
  3. 2025-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-07-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-07-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-07-21
    MUNRO, Patricia Davina appointed
    director
  7. 2025-07-21
    SANDISON, Mey Ann appointed
    director
  8. 2025-01-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-05-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2024-04-20
    MACINTOSH, Elizabeth Anne resigned
    director
  11. 2023-12-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-09-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-01-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-01-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-12-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2019-02-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2018-02-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2018-01-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2017-09-25
    CLARKE, Matthew resigned
    director
  20. 2017-03-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2016-07-01
    JOHNSTON, James Abernethy resigned
    secretary
  22. 2016-04-11
    FOX, Sarah appointed
    director
  23. 2016-04-11
    MACKENZIE, Gemma appointed
    director
  24. 2016-04-11
    BARLOW, John resigned
    director
  25. 2016-04-11
    CLARKE, Matthew appointed
    director
  26. 2016-04-11
    MILEHAM, Susan appointed
    director
  27. 2008-06-04
    BREMNER, Donald Henry resigned
    director
  28. 2008-01-15
    MACINTOSH, Elizabeth Anne appointed
    director
  29. 1993-10-29
    GUNN, Frances Elisabeth appointed
    director
  30. 1992-02-28
    🏢
    Company incorporated
    As TONGUE AND FARR SPORTS ASSOCIATION
  31. 1992-02-28
    JOHNSTON, James Abernethy appointed
    secretary
  32. 1992-02-28
    BARLOW, John appointed
    director
  33. 1992-02-28
    BREMNER, Donald Henry 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
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

70/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
  • 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 →

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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.

See pricing →

Company details

Statusactive
Typeprivate-limited-guarant-nsc-limited-exemption
Incorporated1992-02-28
Jurisdictionscotland
Primary SIC93110 — Operation of sports facilities

Registered office

North Coast Leisure Centre
Munro Place
Bettyhill
KW14 7SS
Scotland

Filing status

Accounts
Next due: 2027-01-05
Last made up to: 2025-04-05
Confirmation statement
Next due: 2027-03-14
Last: 2026-02-28

Officers (5 active · 6 resigned)

FOX, Sarah
director · ~49y · appointed 2016-04-11
View their other companies + combined net worth →
Active
GUNN, Frances Elisabeth
director · ~69y · appointed 1993-10-29
View their other companies + combined net worth →
Active
MACKENZIE, Gemma
director · ~41y · appointed 2016-04-11
View their other companies + combined net worth →
Active
MUNRO, Patricia Davina
director · ~68y · appointed 2025-07-21
View their other companies + combined net worth →
Active
SANDISON, Mey Ann
director · ~34y · appointed 2025-07-21
View their other companies + combined net worth →
Active
JOHNSTON, James Abernethy
secretary · appointed 1992-02-28 · resigned 2016-07-01
Resigned
BARLOW, John
director · ~85y · appointed 1992-02-28 · resigned 2016-04-11
Resigned
BREMNER, Donald Henry
director · ~94y · appointed 1992-02-28 · resigned 2008-06-04
Resigned
CLARKE, Matthew
director · ~55y · appointed 2016-04-11 · resigned 2017-09-25
Resigned
MACINTOSH, Elizabeth Anne
director · ~67y · appointed 2008-01-15 · resigned 2024-04-20
Resigned
MILEHAM, Susan
director · ~64y · appointed 2016-04-11 · resigned 2025-12-31
Resigned

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

Recent filings (90 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-16
termination-director-company-with-name-termination-date
officers · TM01
2026-03-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-26
appoint-person-director-company-with-name-date
officers · AP01
2025-07-31
appoint-person-director-company-with-name-date
officers · AP01
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-03
termination-director-company-with-name-termination-date
officers · TM01
2024-05-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-09