MID ARGYLL COMMUNITY ENTERPRISES LIMITED

🌳Matureactive

SC137229 · private-limited-guarant-nsc · incorporated 1992-03-20

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.

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 5.1y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: Operation of sports facilities

Sector: Arts, entertainment & recreation

Investor take

Pursue

Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 5.1y

50/100

clean up first

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

· Oldest live charge is 5.1 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 28/100 — 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

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

75 officers (8 active, 75 linked, 67 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

2 connected companies via shared directors

Filing history

208 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

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.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Average employees	1600	1400

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

filings

• 1 confirmation-statement
• 1 officers

Last 90 days

filings

• 5 officers
• 1 confirmation-statement

Last 180 days

filings

• 10 officers
• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (168 events)Click to expand

2026-04-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-04-04
➖
CAMPBELL, Colin William resigned
director
2026-03-23
➖
CAIRNS SMITH, Fiorna resigned
director
2026-03-23
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2026-03-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-03-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-10
➕
BERTIOLI, Sybil appointed
secretary
2026-03-10
➕
BERTIOLI, Sybil Elisabeth appointed
director
2026-03-10
➖
MACALPINE, Fiona Margaret resigned
director
2025-12-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-11-20
➕
KING-VENABLES, Emma appointed
director
2025-11-15
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2025-11-15
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2025-11-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-11-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-11-12
➖
SMEE, Jane Alison resigned
secretary
2025-11-12
➖
WHITEFIELD, Alison Cameron resigned
secretary
2025-11-12
➖
SMEE, Jane Alison resigned
director
2025-11-12
➖
WHITEFIELD, Alison Cameron resigned
director
2025-09-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-09-09
➕
SALMON, David John appointed
director
2025-01-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-01-22
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-01-17
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2025-01-17
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-01-14
➕
MILNE, Andrew appointed
director
2025-01-14
➕
SMEE, Jane Alison appointed
secretary
2025-01-14
➕
MACALPINE, Fiona Margaret appointed
director
2025-01-14
➕
SMEE, Jane Alison appointed
director
2024-12-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-12-18
➖
GURR, John Michael resigned
director
2024-12-02
📄
change-person-director-company-with-change-date
officers · CH01
2024-12-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-12-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-12-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-11-26
➖
FINLAY, Lynn resigned
director
2024-11-26
➖
GRANT, Kerrien Jane resigned
director
2024-11-26
➖
SHAW, Katherine Lynn resigned
director
2024-11-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-26
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2024-09-13
➖
SHAW, Katherine Lynn resigned
secretary
2024-08-22
➕
WHITEFIELD, Alison Cameron appointed
secretary
2024-08-14
➖
ROSS, James Elliot resigned
director
2024-04-10
➕
CAIRNS SMITH, Fiorna appointed
director
2024-04-10
➕
FINLAY, Lynn appointed
director
2023-03-14
➖
MOORE, Anne resigned
director
2022-11-09
➕
MACAULAY, Kate appointed
director
2022-11-09
➕
GRANT, Kerrien Jane appointed
director

Showing most recent 50 of 168 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 66 — succession pressure is live.

Succession & seller-readiness

50/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.

Red flags

1 med ·

7 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: SMEE, Jane Alison resigned 2025-11-12; WHITEFIELD, Alison Cameron resigned 2025-11-12; CAIRNS SMITH, Fiorna resigned 2026-03-23

🔒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

Active · Leisure & entertainment · PA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
LIVE ARGYLL→ SC569568 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
NO NONSENSE PRODUCTIONS CIC→ SC505358 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
ROWANTREE MUSIC LTD→ SC788287 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
SAILING NOONMARK VI LTD→ SC835555 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
SAVAGE PERSONAL COACHING LTD→ SC821810 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
SPÒGAN LUATH THIRIODH CIC→ SC859993 · est 2025 · no financials extracted	—	—	—	—	—	—	—
SPRINGBURN SUN LIMITED→ SC479938 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
ST. MIRREN FITNESS CENTRE LTD.→ SC293991 · est 2005 · no financials extracted	—	—	—	—	20y	—	—
ST. MIRREN FOOTBALL CLUB LTD. (THE)→ SC005773 · est 1905 · no financials extracted	—	—	—	—	121y	—	—
STAGE HIRE SCOTLAND LTD.→ SC337290 · est 2008 · no financials extracted	—	—	—	—	18y	—	—
STEPHEN MCALLISTER GOLF LTD.→ SC294181 · est 2005 · no financials extracted	—	—	—	—	20y	—	—
STEPHEN MCALLISTER GOLF TRAVEL LTD→ SC649426 · est 2019 · no financials extracted	—	—	—	—	6y	—	—

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

Incorporated1992-03-20

Jurisdictionscotland

Primary SIC93110 — Operation of sports facilities

Registered office

Mid Argyll Swimming Pool

Oban Road

Lochgilphead

PA31 8NG

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-18

Last: 2026-04-04