THE ART DEPARTMENT, PAISLEY LTD

🌳Matureactive

SC157153 · private-limited-guarant-nsc · incorporated 1995-04-05

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 20.3y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

75/100

Strong

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What this business does

Primary activity: Performing arts

Sector: Arts, entertainment & recreation

ALSO REGISTERED FOR

90030Artistic creation
90040Operation of arts facilities
91020Museum activities

Investor take

Pursue

Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 67). 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 · 2 lenders · oldest 20.3y

50/100

clean up first

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

· Oldest live charge is 20.3 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 38/100 — workable, but lender will want more DD.

Data confidence

Overall: low (47/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile

address, 4 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

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

Directors & officers

73 officers (6 active, 73 linked, 63 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

220 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

75/100Strong

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

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

• 1 confirmation-statement
• 1 officers

Last 180 days

filings

• 3 officers
• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (165 events)Click to expand

2026-03-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-19
➖
CAMERON, Lorraine resigned
director
2025-11-25
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-11-25
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-11-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-31
➖
LUSK, Thomas Rankin resigned
director
2025-10-31
➖
MOORE, Maureen resigned
director
2025-10-24
➖
HUGHES, Lisa Marie resigned
director
2025-10-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-07-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-07-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-07-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-04
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-01
➕
THOMAS, Sharon appointed
director
2025-07-01
➖
BROOKES, Lillian resigned
director
2025-07-01
➕
CAMERON, Lorraine appointed
director
2025-07-01
➕
HUGHES, Lisa Marie appointed
director
2025-07-01
🔒
Charge registered #2
Lender: Foundation Scotland
2025-03-04
➖
CHARLWOOD-GREEN, Lisa resigned
director
2025-03-04
➖
COLLIER, Eleanor Margaret resigned
director
2025-03-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-03-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-02-27
📄
memorandum-articles
incorporation · MA
2025-02-27
📄
resolution
resolution · RESOLUTIONS
2025-01-29
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-25
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2024-09-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-09-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-09-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-09-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-09-25
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-09-24
➕
COMRIE, Rowena appointed
director
2024-09-24
➕
MACCOLL, Denise appointed
director
2024-09-24
➕
MACCOLL, Eoghann appointed
director
2024-09-24
➖
MCLAUGHLIN, Garry Martin resigned
director
2024-09-24
➕
MOORE, Maureen appointed
director
2024-02-28
➖
FERGUSON, Wendy Ann resigned
director
2023-09-11
➕
RAE, David Alexander appointed
director
2023-09-11
➕
FERGUSON, Wendy Ann appointed
director
2023-09-11
➕
LUSK, Thomas Rankin appointed
director
2023-09-10
➕
BROOKES, Lillian appointed
director
2023-08-01
➖
MCEWAN, Michael resigned
director
2022-05-16
➖
HUNTER, Gail Jean resigned
director
2022-02-22
➕
MCLAUGHLIN, Garry Martin appointed
director
2022-02-04
➖
SHERIDAN, Lynn Marie resigned
director
2021-02-03
➖
GUNN, Vicky resigned
director
2019-08-12
➖
MCLAUGHLIN, Garry Martin resigned
director
2019-06-29
➕
COLLIER, Eleanor Margaret appointed
director

Showing most recent 50 of 165 events

Owner dependency

63/100

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.
+Founder age: Director aged approximately 67 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 67. Approaching typical UK retirement age — succession thinking likely.

Red flags

2 med ·

5 director resignations in last 12 months

medium

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

Evidence: BROOKES, Lillian resigned 2025-07-01; CAMERON, Lorraine resigned 2026-03-19; HUGHES, Lisa Marie resigned 2025-10-24

Name changed recently

medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-09-25: certificate-change-of-name-company

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	—	—
SPÒGAN LUATH THIRIODH CIC→ SC859993 · est 2025 · no financials extracted	—	—	—	—	—	—	—
STUDIO CRAIG BLACK LTD→ SC590707 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
STYGIAN PRODUCTIONS LTD→ SC879888 · est 2026 · no financials extracted	—	—	—	—	—	—	—
THE EMPIRE COACH LIMITED→ SC866817 · est 2025 · no financials extracted	—	—	—	—	—	—	—
THE FOOTBALL'S SQUARE MILE COMPANY LIMITED→ SC801660 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
TIGER TAILS LTD→ SC874872 · est 2026 · no financials extracted	—	—	—	—	—	—	—
TIREE COMMUNITY GYM C.I.C.→ SC800573 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
TIREE MARITIME TRUST LIMITED→ SC372683 · est 2010 · no financials extracted	—	—	—	—	16y	—	—
TIREE MUSIC FESTIVAL C.I.C.→ SC422182 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
TIREE WAVE CLASSIC COMMUNITY INTEREST COMPANY→ SC657791 · est 2020 · 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

Incorporated1995-04-05

Jurisdictionscotland

Primary SIC90010 — Performing arts

Registered office

9-11 Causeyside Street

Paisley

Renfrewshire

PA1 1UW

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-21

Last: 2026-03-07

Officers (6 active · 67 resigned)

THOMSON, Steven→

secretary · appointed 2016-09-11

View their other companies + combined net worth →

Active

COMRIE, Rowena→

director · ~67y · appointed 2024-09-24

View their other companies + combined net worth →

Active

MACCOLL, Denise→

director · ~55y · appointed 2024-09-24

View their other companies + combined net worth →

Active

MACCOLL, Eoghann→

director · ~56y · appointed 2024-09-24

View their other companies + combined net worth →

Active

RAE, David Alexander→

director · ~64y · appointed 2023-09-11

View their other companies + combined net worth →

Active

THOMAS, Sharon→

director · ~47y · appointed 2025-07-01

View their other companies + combined net worth →

Active

COOK, Fiona Elspeth→

secretary · appointed 1999-01-26 · resigned 2001-02-07

Resigned

D'ANGELO, Dominic→

secretary · appointed 1996-01-18 · resigned 1997-06-12

Resigned

GRAHAM, Irene→

secretary · appointed 2012-08-01 · resigned 2014-11-13

Resigned

HARDING, John→

secretary · appointed 2000-05-03 · resigned 2001-06-06

Resigned

HAY, David John Paterson→

secretary · appointed 2004-04-07 · resigned 2012-08-01

Resigned

HOWELL, Laura Ann→

secretary · appointed 2002-06-18 · resigned 2003-02-01

Resigned

ROBERTSON, Stephanie Mary→

secretary · appointed 1995-04-05 · resigned 1995-11-16

Resigned

THOMSON, Steven→

secretary · appointed 2003-07-02 · resigned 2004-04-07

Resigned

WILSON, Natalie Eva→

secretary · appointed 1998-03-17 · resigned 1998-11-13

Resigned

BALL-LECHGAR, Lisa→

director · ~54y · appointed 1998-12-08 · resigned 2001-02-07

Resigned

BINNIE, John→

director · ~61y · appointed 1997-07-24 · resigned 1999-11-07

Resigned

BRADY, Cheryl Grace→

director · ~51y · appointed 2014-08-27 · resigned 2015-02-16

Resigned

BROOKES, Lillian→

director · ~64y · appointed 2023-09-10 · resigned 2025-07-01

Resigned

CAMERON, Jean Maria→

director · ~57y · appointed 2004-10-06 · resigned 2010-03-15

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	Foundation Scotland	A registered charge	—	01/07/2025	—
	outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	24/01/2006	—

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

Recent filings (220 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-03-20

termination-director-company-with-name-termination-date

officers · TM01

2026-03-20

termination-director-company-with-name-termination-date

officers · TM01

2025-11-25

termination-director-company-with-name-termination-date

officers · TM01

2025-11-25

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-11-11

termination-director-company-with-name-termination-date

officers · TM01

2025-10-24

appoint-person-director-company-with-name-date

officers · AP01

2025-07-18

appoint-person-director-company-with-name-date

officers · AP01

2025-07-18

appoint-person-director-company-with-name-date

officers · AP01

2025-07-18

termination-director-company-with-name-termination-date

officers · TM01

2025-07-18

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2025-07-04

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-03-12

termination-director-company-with-name-termination-date

officers · TM01

2025-03-04

termination-director-company-with-name-termination-date

officers · TM01

2025-03-04

memorandum-articles

incorporation · MA

2025-02-27