SPORTSGROUNDS LIMITED

🌳Matureactive

SC144588 · ltd · incorporated 1993-05-25

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 32.8y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Non-trading company

Sector: Professional, scientific & technical

Investor take

Pursue

Dormant / non-trading with a 86-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 86). 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

2 live charges · oldest 32.8y

65/100

clean up first

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

· Oldest live charge is 32.8 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 (57/100)

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

No iXBRL financials extracted

Lenders & charges

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

Directors & officers

8 officers (3 active, 8 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

5 connected companies via shared directors

Filing history

86 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

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.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 mortgage

Last 180 days

filing

• 1 mortgage

Counts from Companies House filing history.

Corporate timeline (33 events)Click to expand

2026-03-05
📄
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-05
🔓
Charge satisfied #1
2025-09-03
📄
accounts-with-accounts-type-small
accounts · AA
2024-09-06
📄
accounts-with-accounts-type-small
accounts · AA
2023-08-25
📄
accounts-with-accounts-type-small
accounts · AA
2022-09-27
📄
accounts-with-accounts-type-small
accounts · AA
2021-09-30
📄
accounts-with-accounts-type-small
accounts · AA
2020-12-22
📄
accounts-with-accounts-type-small
accounts · AA
2019-10-04
📄
accounts-with-accounts-type-small
accounts · AA
2018-10-04
📄
accounts-with-accounts-type-small
accounts · AA
2017-09-20
📄
accounts-with-accounts-type-small
accounts · AA
2016-10-01
📄
accounts-with-accounts-type-small
accounts · AA
2016-05-25
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-10-03
📄
accounts-with-accounts-type-small
accounts · AA
2015-05-26
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-09-24
📄
accounts-with-accounts-type-small
accounts · AA
2014-05-27
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2007-06-28
➖
GIBSON, David Trevor resigned
director
2005-10-14
➕
GIBSON, David Trevor appointed
director
2002-04-15
➕
RAE, Alistair appointed
secretary
2002-03-15
➖
RAE, Mary Allan Brown resigned
secretary
2002-03-15
➖
RAE, Mary Allan Brown resigned
director
1995-03-01
➕
RAE, David Alexander appointed
director
1993-07-15
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
1993-06-28
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
1993-05-25
🏢
Company incorporated
As SPORTSGROUNDS LIMITED
1993-05-25
➕
RAE, Alistair appointed
director
1993-05-25
➕
RAE, Mary Allan Brown appointed
secretary
1993-05-25
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
1993-05-25
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
1993-05-25
➕
RAE, Mary Allan Brown appointed
director
1993-05-25
➕
JORDANS (SCOTLAND) LIMITED appointed
corporate-nominee-director
1993-05-25
➖
JORDANS (SCOTLAND) LIMITED resigned
corporate-nominee-director

Owner dependency

83/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 86 — succession pressure is live.

Succession & seller-readiness

96/100

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 86 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 33 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.)

Group structure

Fairways Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Fairways Group Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

SPORTSGROUNDS LIMITED

This company · SC144588

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Fairways Group Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	26/05/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒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 · Holding company · PA postcode area

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ANGLO SCOTTISH CONCRETE HOLDINGS LIMITED→ SC292394 · est 2005	£91.8k £78.1k–£105.6k	—	£91.8k	—	20y	82	64y
GLASVEGAS LTD→ SC351214 · est 2008	£1.0k £850–£1.1k	—	£1.0k	—	17y	81	59y
ARRANGLEN LIMITED→ SC182141 · est 1998	—	£1.62M	—	300	28y	82	59y
DUNARD HOLDINGS LIMITED→ SC714547 · est 2021	—	£75.0k	—	100	4y	84	48y
CORVEN PROPERTIES LIMITED→ SC157066 · est 1995	—	—	—	0	31y	83	63y
CVIEW DEVELOPMENTS LIMITED→ SC297070 · est 2006	—	—	—	1	20y	82	75y
LONDON MIDLAND & SCOTTISH CONTRACTORS LIMITED→ SC036071 · est 1961 · no financials extracted	—	—	—	—	65y	82	64y
SKYE WOOL MILL LIMITED→ SC047369 · est 1970 · no financials extracted	—	—	—	—	56y	82	64y
OBAN HOLDINGS LIMITED→ SC279572 · est 2005 · no financials extracted	—	—	—	—	21y	—	—
STAR IN TAIN LIMITED→ SC302964 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
TGC LEISURE (GLASGOW) LIMITED→ SC464607 · est 2013 · no financials extracted	—	—	—	—	12y	—	—

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

Typeltd

Incorporated1993-05-25

Jurisdictionscotland

Primary SIC74990 — Non-trading company

Registered office

West Yonderton

Walkinshaw Road

Inchinnan

Renfrew

PA4 9LP

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-06-08

Last: 2025-05-25

Officers (3 active · 5 resigned)

RAE, Alistair→

secretary · appointed 2002-04-15

View their other companies + combined net worth →

Active

RAE, Alistair→

director · ~86y · appointed 1993-05-25

View their other companies + combined net worth →

Active

RAE, David Alexander→

director · ~59y · appointed 1995-03-01

View their other companies + combined net worth →

Active

RAE, Mary Allan Brown→

secretary · appointed 1993-05-25 · resigned 2002-03-15

Resigned

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 1993-05-25 · resigned 1993-05-25

Resigned

GIBSON, David Trevor→

director · ~68y · appointed 2005-10-14 · resigned 2007-06-28

Resigned

RAE, Mary Allan Brown→

director · ~83y · appointed 1993-05-25 · resigned 2002-03-15

Resigned

JORDANS (SCOTLAND) LIMITED→

corporate-nominee-director · appointed 1993-05-25 · resigned 1993-05-25

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	15/07/1993	—
	satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Floating charge	1 property	28/06/1993	05/03/2026

Click column headers to sort. Use filters above to narrow by status and lender.