INVERNESS GOLF CENTRE LIMITED

🌳Matureactive
SC187445 · ltd · incorporated 1998-07-08
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 27.9y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£293.8k
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 83/100 (exceptional), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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

1 live charge · oldest 27.9y

65/100
clean up first

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

  • · Oldest live charge is 27.9 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 (77/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
10 officers (4 active, 10 linked, 7 with DOB)
84
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
105 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £293,755
Net assets shrinking
Down £33,798 YoY
Cash YoY
+10%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£183k
↑ 9.6% YoY
Net Worth
£294k
↓ 10% YoY
Current Assets
—
Current Liabilities
—
£0£66k£131k£197k£262k£328kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Cash£182.6k£166.6k
Net assets£293.8k£327.6k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2025-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-07-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-07-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-07-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2022-07-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2022-07-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2021-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-07-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2021-07-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2020-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-12-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2019-12-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2019-12-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2019-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-03-07
    ➖
    MCIVOR, Jean Wanliss resigned
    director
  20. 2012-02-29
    ➕
    PIGGOT, Martin Matthews appointed
    secretary
  21. 2012-02-29
    ➖
    THOMSON, Fiona Mary resigned
    secretary
  22. 2012-02-29
    ➖
    THOMSON, Alistair Paterson resigned
    director
  23. 2012-02-29
    ➖
    THOMSON, Fiona Mary resigned
    director
  24. 2007-05-15
    ➕
    MCIVOR, Jean Wanliss appointed
    director
  25. 2003-02-19
    ➕
    DOUGLAS, Melrose appointed
    director
  26. 2003-02-19
    ➕
    PIGGOT, Martin Matthews appointed
    director
  27. 2003-02-19
    ➕
    VIVERS, Graham William Robertson appointed
    director
  28. 1998-07-20
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  29. 1998-07-08
    🏢
    Company incorporated
    As INVERNESS GOLF CENTRE LIMITED
  30. 1998-07-08
    ➕
    REID, Brian appointed
    nominee-secretary
  31. 1998-07-08
    ➖
    REID, Brian resigned
    nominee-secretary
  32. 1998-07-08
    ➕
    THOMSON, Fiona Mary appointed
    secretary
  33. 1998-07-08
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  34. 1998-07-08
    ➖
    MABBOTT, Stephen resigned
    nominee-director
  35. 1998-07-08
    ➕
    THOMSON, Alistair Paterson appointed
    director
  36. 1998-07-08
    ➕
    THOMSON, Fiona Mary appointed
    director

Owner dependency

68/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

80/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 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.)

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Melrose Douglas
Individual · British · DOB 08/1963 · age 63
25–50%
—25-50% shares07/03/2017
Graham William Robertson Vivers
Individual · British · DOB 07/1970 · age 56
25–50%
—25-50% shares07/03/2017
Martin Matthews Piggot
Individual · British · DOB 05/1967 · age 59
25–50%
—25-50% shares07/03/2017

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Typeltd
Incorporated1998-07-08
Jurisdictionscotland
Primary SIC47789 — Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)

Registered office

5 Longman Road
Inverness
IV1 1RY

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-07-17
Last: 2025-07-03

Officers (4 active · 6 resigned)

PIGGOT, Martin Matthews→
secretary · appointed 2012-02-29
View their other companies + combined net worth →
Active
DOUGLAS, Melrose→
director · ~63y · appointed 2003-02-19
View their other companies + combined net worth →
Active
PIGGOT, Martin Matthews→
director · ~59y · appointed 2003-02-19
View their other companies + combined net worth →
Active
VIVERS, Graham William Robertson→
director · ~56y · appointed 2003-02-19
View their other companies + combined net worth →
Active
REID, Brian→
nominee-secretary · appointed 1998-07-08 · resigned 1998-07-08
Resigned
THOMSON, Fiona Mary→
secretary · appointed 1998-07-08 · resigned 2012-02-29
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1998-07-08 · resigned 1998-07-08
Resigned
MCIVOR, Jean Wanliss→
director · ~72y · appointed 2007-05-15 · resigned 2017-03-07
Resigned
THOMSON, Alistair Paterson→
director · ~77y · appointed 1998-07-08 · resigned 2012-02-29
Resigned
THOMSON, Fiona Mary→
director · ~74y · appointed 1998-07-08 · resigned 2012-02-29
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property20/07/1998—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (105 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-04
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-13
change-person-director-company-with-change-date
officers · CH01
2023-07-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-07
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-25
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-07