SCOTTISH GLIDING UNION - WALKING ON AIR
🌳Matureactive
SC168850 · private-limited-guarant-nsc-limited-exemption · incorporated 1996-10-08
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
—
not disclosed
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Operation of sports facilities
Sector: Arts, entertainment & recreation
ALSO REGISTERED FOR
- 93290Other amusement and recreation activities n.e.c.
Investor take
PursueActive trading company with a 86-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 86). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: low (46/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
37 officers (7 active, 37 linked, 28 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
127 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
2
filings
- • 2 officers
Last 180 days
2
filings
- • 2 officers
Counts from Companies House filing history.
Corporate timeline (88 events)Click to expand
- 2026-03-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-22➖TUTTLE, David Kenneth resigneddirector
- 2026-02-09📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-10➖SIMPSON, Garry resigneddirector
- 2025-09-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-14📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-27➖CARBRAY, Alan William resigneddirector
- 2025-06-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-01➕JOHNSTON, Clare Rosalind appointeddirector
- 2024-04-01➕CARBRAY, Alan William appointeddirector
- 2024-04-01➖NISBET, David Charles resigneddirector
- 2024-04-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-08-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-08📄change-person-secretary-company-with-change-dateofficers · CH03
- 2022-08-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-08-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-08-07➕COOK, Jim appointeddirector
- 2022-08-07➕SIMPSON, Garry appointeddirector
- 2022-08-07📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-07-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-07-01➖MACLEOD, Gordon Angus resigneddirector
- 2022-07-01➖PETRIE, Robert Bruce resigneddirector
- 2021-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-17➕MACLEOD, Gordon Angus appointeddirector
- 2018-12-13➕STOREY, Derek Cyril, Dr appointeddirector
- 2018-12-13➖DERWIN, Stephen resigneddirector
- 2018-12-13➖FISHER, Joseph resigneddirector
- 2018-03-31➕GORDON, Andrew appointedsecretary
- 2018-03-31➖CLAYTON, Peter Grattan resignedsecretary
- 2014-05-31➖BARR, Thomas Leslie, Revd resigneddirector
- 2013-06-26➖DONALD, Irene resigneddirector
- 2013-06-25➕CLAYTON, Peter Grattan appointedsecretary
- 2013-06-25➖GORDON, Andrew Graham resignedsecretary
- 2013-05-18➕GORDON, Andrew Graham appointeddirector
- 2011-10-26➕DUNCAN, Maria Elizabeth appointeddirector
- 2011-10-26➕BARR, Thomas Leslie, Revd appointeddirector
- 2011-10-26➕DONALD, Irene appointeddirector
- 2009-05-10➖COLE-HAMILTON, Brian Martin resigneddirector
- 2009-05-10➖MURRAY, Alistair James resigneddirector
- 2008-04-19➕DERWIN, Stephen appointeddirector
- 2006-06-24➖DEVANEY, Gavin Macdonald resigneddirector
- 2006-06-16➖TAIT, Muriel Bryce resignedsecretary
- 2006-06-16➖HUNTER, Mhorag resigneddirector
Showing most recent 50 of 88 events
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -6 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 86 — succession pressure is live.
Succession & seller-readiness
80/100
Likely off-market candidateStrong 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.
- primary20+ year tenure: Director in role 24 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
1 med ·3 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: CARBRAY, Alan William resigned 2025-06-27; SIMPSON, Garry resigned 2025-10-10; TUTTLE, David Kenneth resigned 2026-03-22
Similar companies
Active · Leisure & entertainment · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| IRELAND ENTERTAINMENTS LTD→ SC778483 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| KINO ENTERTAINMENT LIMITED→ SC408066 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| LINDSAY ENTERPRISES SCOTLAND LIMITED→ SC480555 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| NITRAFIT LTD→ SC629463 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| NONESUCH METALS LIMITED→ SC587985 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| NORTH QUEENSFERRY COMMUNITY TRUST→ SC402773 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| NU LIMITS RUNNING LTD→ SC830140 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| OLD MARYGATE PITTENWEEM LTD→ SC842394 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| PACHNIE LATEM LTD→ SC772158 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| PADELSOC MANAGEMENT LTD.→ SC857701 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PALS BATTALION TOURS LTD→ SC812498 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| PARADEGOLF LTD.→ SC608648 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated1996-10-08
Jurisdictionscotland
Primary SIC93110 — Operation of sports facilities
Registered office
Portmoak Airfield Portmoak Airfield
Scotlandwell
Kinross
KY13 9JJ
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-30
Last: 2025-06-16
Officers (7 active · 30 resigned)
Active
CLAYTON, Peter Grattan→
Activedirector · ~86y · appointed 2002-06-09
View their other companies + combined net worth →
Active
DUNCAN, Maria Elizabeth→
Activedirector · ~78y · appointed 2011-10-26
View their other companies + combined net worth →
GORDON, Andrew Graham→
Activedirector · ~67y · appointed 2013-05-18
View their other companies + combined net worth →
JOHNSTON, Clare Rosalind→
Activedirector · ~49y · appointed 2024-04-01
View their other companies + combined net worth →
STOREY, Derek Cyril, Dr→
Activedirector · ~77y · appointed 2018-12-13
View their other companies + combined net worth →
BENBOW, Susan Ann→
Resignedsecretary · appointed 2001-09-15 · resigned 2004-06-05
CLAYTON, Peter Grattan→
Resignedsecretary · appointed 2013-06-25 · resigned 2018-03-31
CRANE, Laura Marie→
Resignedsecretary · appointed 1997-08-24 · resigned 1999-02-03
GORDON, Andrew Graham→
Resignedsecretary · appointed 2006-05-27 · resigned 2013-06-25
MCCONNELL, Michelle→
Resignedsecretary · appointed 1999-02-03 · resigned 2001-07-10
TAIT, Muriel Bryce→
Resignedsecretary · appointed 2004-06-05 · resigned 2006-06-16
T D YOUNG & CO→
Resignedcorporate-secretary · appointed 1996-10-08 · resigned 1999-07-04
BARR, Thomas Leslie, Revd→
Resigneddirector · ~87y · appointed 2011-10-26 · resigned 2014-05-31
BAULD, Alan James Wilson→
Resigneddirector · ~77y · appointed 1996-10-08 · resigned 2001-08-11
BLAXILL, Victor David→
Resigneddirector · ~82y · appointed 1999-07-04 · resigned 2001-08-11
CARBRAY, Alan William→
Resigneddirector · ~68y · appointed 2024-04-01 · resigned 2025-06-27
COLE-HAMILTON, Brian Martin→
Resigneddirector · ~91y · appointed 2001-08-11 · resigned 2009-05-10
CRANE, Laura Marie→
Resigneddirector · ~55y · appointed 1997-08-24 · resigned 1999-02-03
Click a director name to see their full track record across all companies.
Recent filings (127 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-03-28
change-person-director-company-with-change-date
officers · CH01
2026-02-09
termination-director-company-with-name-termination-date
officers · TM01
2025-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-24
change-person-director-company-with-change-date
officers · CH01
2025-07-14
termination-director-company-with-name-termination-date
officers · TM01
2025-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-16
appoint-person-director-company-with-name-date
officers · AP01
2024-04-01
appoint-person-director-company-with-name-date
officers · AP01
2024-04-01
termination-director-company-with-name-termination-date
officers · TM01
2024-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-21