STRANRAER MILLENNIUM CENTRE COMMUNITY TRUST
🌳Matureactive
SC189780 · private-limited-guarant-nsc · incorporated 1998-09-29
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No material changes in the last 90 days.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2024
Net worth
—
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: Activities of exhibition and fair organisers
Sector: Administrative & support services
ALSO REGISTERED FOR
- 86900Other human health activities
- 90040Operation of arts facilities
Investor take
PursueActive trading company with a 80-year-old founder — textbook succession opportunity.
Opportunity 83/100 (exceptional), bankability 57/100. Strong seller-intent signal (63/100, director aged 80). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 26.6y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 26.6 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 48/100 (high).
Data confidence
Overall: medium (64/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
34 officers (6 active, 34 linked, 31 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
135 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.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-03-31 |
|---|---|
| Average employees | 700 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (88 events)Click to expand
- 2025-12-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-10➕GIBSON, Ian appointeddirector
- 2025-03-10➖CUNNINGHAM, Susan Douglas resigneddirector
- 2024-12-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-02📄memorandum-articlesincorporation · MA
- 2024-09-02📄resolutionresolution · RESOLUTIONS
- 2024-08-30📄memorandum-articlesincorporation · MA
- 2024-08-23📄statement-of-companys-objectschange-of-constitution · CC04
- 2024-08-21📄resolutionresolution · RESOLUTIONS
- 2024-08-15📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-08-15📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-08-13➕MCCUTCHEON, John Peter appointedsecretary
- 2024-08-13➖CUNNINGHAM, Susan Douglas resignedsecretary
- 2024-02-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-31➖HARBOTTLE, Harold resigneddirector
- 2024-01-31➖MCCUTCHEON, Stephen John resigneddirector
- 2023-11-27📄memorandum-articlesincorporation · MA
- 2023-11-27📄resolutionresolution · RESOLUTIONS
- 2023-10-31📄resolutionresolution · RESOLUTIONS
- 2023-10-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-10-12➖GREEN, Amanda resigneddirector
- 2023-09-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-03-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-08➖AKIENS, Emma-Louise resigneddirector
- 2023-02-08➕MCCUTCHEON, Stephen John appointeddirector
- 2023-02-08➖MCGHIE, Catriona resigneddirector
- 2022-02-16➕AKIENS, Emma-Louise appointeddirector
- 2022-02-16➕MCGHIE, Catriona appointeddirector
- 2022-02-05➖MCCUTCHEON, Stephen John resigneddirector
- 2020-10-21➕MCCUTCHEON, John Peter appointeddirector
- 2020-10-21➕HARBOTTLE, Harold appointeddirector
- 2019-11-25➕MCCUTCHEON, Stephen John appointeddirector
- 2019-11-12➕COCKBURN, John Browning appointeddirector
- 2018-06-08🔒Charge registered #4Lender: Big Lottery Fund
- 2017-10-01➕GREEN, Amanda appointeddirector
- 2017-04-03➖SMITH, Catherine Hagan Renee resigneddirector
- 2017-03-31➖FLOWER, Stephen Edward resigneddirector
- 2015-09-23➖ALEXANDER, Ross resigneddirector
- 2015-09-23➖SNEDDON, Robert resigneddirector
- 2015-07-15➖FARQUHAR, Susan Jacqueline resigneddirector
- 2013-08-12➖BOWIE, Ronald resigneddirector
- 2013-08-12➖HILTON, James Roland resigneddirector
- 2008-06-21➖HANSON, Keith resigneddirector
- 2008-06-21➖HANSON, Rosemary resigneddirector
- 2008-06-21➕SNEDDON, Robert appointeddirector
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
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 80 — 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 80 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 28 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒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 · Trade services · DG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| HARDIE HOLDINGS LIMITED→ SC222639 · est 2001 | £2.62M £1.96M–£3.27M | — | — | 2 | 24y | 82 | 66y |
| D R W LTD.→ SC278769 · est 2005 | — | — | £91.7k | — | 21y | 83 | 71y |
| THE ESKDALE FOUNDATION→ SC164538 · est 1996 · no financials extracted | — | — | — | — | 30y | 83 | 91y |
| BURNFOOT FARMS→ SC387583 · est 2010 · no financials extracted | — | — | — | — | 15y | 82 | 74y |
| CHARLES PAISLEY & SONS LIMITED→ SC273942 · est 2004 | — | — | £432.7k | — | 21y | 82 | 63y |
| LESLEY GREENLEES LIMITED→ SC386519 · est 2010 | — | — | £244.9k | — | 15y | 82 | 83y |
| ROUCAN LOCH CREMATORIUM COMPANY LIMITED→ SC252072 · est 2003 | — | — | — | 900 | 23y | 82 | 65y |
| ALARM SYSTEMS LIMITED→ SC168495 · est 1996 | — | — | £1.05M | — | 29y | 81 | 79y |
| DOODLE TRUST→ SC371597 · est 2010 | — | — | £192.5k | — | 16y | 81 | 73y |
| KIRKCUDBRIGHT 2000 LIMITED→ SC203223 · est 2000 · no financials extracted | — | — | — | — | 26y | 81 | 83y |
| LINCLUDEN AFTER SCHOOL GROUP→ SC181922 · est 1998 · no financials extracted | — | — | — | — | 28y | 81 | 64y |
| RIVER ANNAN TRUST→ SC383497 · est 2010 · no financials extracted | — | — | — | — | 15y | 81 | 62y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1998-09-29
Jurisdictionscotland
Primary SIC82301 — Activities of exhibition and fair organisers
Registered office
The Millenium Centre
75 George Street
Stranraer
DG9 7JP
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-05
Last: 2026-02-19
Officers (6 active · 28 resigned)
MCCUTCHEON, John Peter→
Activesecretary · appointed 2024-08-13
View their other companies + combined net worth →
CASEY, Christina Mary→
Activedirector · ~70y · appointed 1998-09-29
View their other companies + combined net worth →
COCKBURN, John Browning→
Activedirector · ~80y · appointed 2019-11-12
View their other companies + combined net worth →
Active
MCCUTCHEON, John Peter→
Activedirector · ~64y · appointed 2020-10-21
View their other companies + combined net worth →
PARKER, John Lindsay→
Activedirector · ~65y · appointed 1999-09-23
View their other companies + combined net worth →
CUNNINGHAM, Susan Douglas→
Resignedsecretary · appointed 1998-09-29 · resigned 2024-08-13
REID, Brian→
Resignednominee-secretary · appointed 1998-09-29 · resigned 1998-09-29
AKIENS, Emma-Louise→
Resigneddirector · ~48y · appointed 2022-02-16 · resigned 2023-02-08
ALEXANDER, Ross→
Resigneddirector · ~60y · appointed 2006-02-27 · resigned 2015-09-23
BOWIE, Ronald→
Resigneddirector · ~83y · appointed 1998-09-29 · resigned 2013-08-12
BRYANT, Eileen Joyce→
Resigneddirector · ~73y · appointed 2001-08-13 · resigned 2002-05-31
CUNNINGHAM, Susan Douglas→
Resigneddirector · ~71y · appointed 1998-09-29 · resigned 2025-03-10
DUNN, Thomas Wilson→
Resigneddirector · ~91y · appointed 1999-09-29 · resigned 2004-10-20
FARQUHAR, Susan Jacqueline→
Resigneddirector · ~75y · appointed 2001-08-13 · resigned 2015-07-15
FLOWER, Stephen Edward→
Resigneddirector · ~75y · appointed 2003-07-03 · resigned 2017-03-31
GREEN, Amanda→
Resigneddirector · ~63y · appointed 2017-10-01 · resigned 2023-10-12
HANSON, Keith→
Resigneddirector · ~90y · appointed 1999-09-23 · resigned 2008-06-21
HANSON, Rosemary→
Resigneddirector · ~87y · appointed 2002-05-17 · resigned 2008-06-21
HARBOTTLE, Harold→
Resigneddirector · ~77y · appointed 2020-10-21 · resigned 2024-01-31
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
4
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Big Lottery Fund | A registered charge | 1 property | 08/06/2018 | — | |
| outstanding | Stranraer, Portpatrick & Cairnryan Sti Company Stranraer, Portpatrick & Cairnryan Sti Company Limited | Standard security | 1 property | 28/09/2000 | — | |
| outstanding | Dumfries & Galloway Enterprise Company Dumfries & Galloway Enterprise Company Limited | Standard security | 1 property | 21/12/1999 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 21/12/1999 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (135 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-11
appoint-person-director-company-with-name-date
officers · AP01
2025-03-21
termination-director-company-with-name-termination-date
officers · TM01
2025-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-05
memorandum-articles
incorporation · MA
2024-09-02
resolution
resolution · RESOLUTIONS
2024-09-02
memorandum-articles
incorporation · MA
2024-08-30
statement-of-companys-objects
change-of-constitution · CC04
2024-08-23
resolution
resolution · RESOLUTIONS
2024-08-21
appoint-person-secretary-company-with-name-date
officers · AP03
2024-08-15
termination-secretary-company-with-name-termination-date
officers · TM02
2024-08-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-04
termination-director-company-with-name-termination-date
officers · TM01
2024-02-12