THE MONTROSE HERITAGE TRUST

🌳Matureactive

SC197634 · private-limited-guarant-nsc-limited-exemption · incorporated 1999-06-29

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

—

year to Jun 2025

Net worth

£6.2k

book net assets

Opportunity

73/100

Strong

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What this business does

Primary activity: Museum activities

Sector: Arts, entertainment & recreation

Investor take

Special-situation opportunity

Distressed leisure with salvageable qualities — special-situations priority.

Opportunity 73/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (68/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

21 officers (7 active, 21 linked, 15 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

94 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

73/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £6,242

Net assets shrinking

Down £892 YoY

Cash YoY

-15%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£6k

↓ 15% YoY

Net Worth

£6k

↓ 13% YoY

Current Assets

£6k

↓ 15% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-06-30	2024-06-30
Total assets	£6.2k	£7.1k
Current assets	£6.2k	£7.3k
Cash	£6.2k	£7.3k
Net assets	£6.2k	£7.1k

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (52 events)Click to expand

2026-03-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-03-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-14
➕
FRASER, Linda Jane appointed
director
2021-03-02
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-03-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-10
➕
WOJCIECHOWSKI, Elizabeth Julia appointed
director
2019-03-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-03-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-12-12
➖
MUNRO, Alexander Falconer resigned
director
2018-04-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-03-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2017-02-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-02-23
➖
BENVIE, Rachel Heather Frances resigned
director
2016-07-27
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2016-04-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-03-28
➖
SMITH, Alan Kinnear resigned
director
2016-03-28
➖
STANSFELD, John Raoul Wilmot resigned
director
2015-03-07
➕
BENVIE, Rachel Heather Frances appointed
director
2012-03-28
➕
HAMILTON, Ian Hope appointed
director
2012-03-28
➕
SMITH, Alan Kinnear appointed
director
2012-03-28
➖
SUTTON, Anthony Hubert, Dr resigned
director
2010-09-01
➕
MAY, David Jeans appointed
director
2009-10-14
➕
STEVENSON, Jean Stewart appointed
secretary
2009-10-14
➖
BEEDIE, Dugal Hepburn resigned
secretary
2009-10-14
➖
BEEDIE, Dugal Hepburn resigned
director
2009-10-14
➖
DOE, Reginald Alan resigned
director
2009-03-25
➖
RITCHIE, Kathleen Millar resigned
director
2006-04-26
➕
MUNRO, Alexander Falconer appointed
director
2005-03-05
➖
KING, Graham resigned
director
2000-02-16
➕
BEEDIE, Dugal Hepburn appointed
secretary
2000-02-16
➖
SUTTON, Anthony Hubert, Dr resigned
secretary
2000-02-16
➕
KING, Graham appointed
director
2000-02-14
➕
ORR, Andrew William, Dr appointed
director
2000-02-14
➕
DOE, Reginald Alan appointed
director
2000-02-14
➕
RITCHIE, Kathleen Millar appointed
director
2000-02-14
➕
STANSFELD, John Raoul Wilmot appointed
director
1999-08-25
➕
BEEDIE, Dugal Hepburn appointed
director
1999-06-29
🏢
Company incorporated
As THE MONTROSE HERITAGE TRUST
1999-06-29
➕
STEVENSON, Jean Stewart appointed
director
1999-06-29
➕
SUTTON, Anthony Hubert, Dr appointed
secretary
1999-06-29
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
1999-06-29
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
1999-06-29
➕
SUTTON, Anthony Hubert, Dr appointed
director
1999-06-29
➕
JORDANS (SCOTLAND) LIMITED appointed
corporate-nominee-director
1999-06-29
➖
JORDANS (SCOTLAND) LIMITED resigned
corporate-nominee-director

Showing most recent 50 of 52 events

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-6 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 83 — succession pressure is live.

Succession & seller-readiness

85/100

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 83 years old. Natural succession window is now.
primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 27 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-11

Similar companies

Active · Leisure & entertainment · DD postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
DUNDEE GYMNASTICS CLUB 2K→ SC250221 · est 2003 · no financials extracted	—	—	—	—	22y	83	66y
PROGRESSION SKI AND SNOWBOARD SCHOOL LIMITED→ SC224277 · est 2001	—	—	£26.1k	—	24y	82	58y
RAMSAY WORLD TRAVEL LIMITED→ SC089749 · est 1984	—	—	£11.09M	—	41y	82	70y
750 MOTOR CLUB (SCOTLAND) LIMITED→ SC047170 · est 1970	—	—	£2.6k	—	56y	81	68y
ANGUS RIDING FOR THE DISABLED→ SC289513 · est 2005 · no financials extracted	—	—	—	—	20y	81	66y
ART ANGEL (SCOTLAND) LIMITED→ SC363616 · est 2009 · no financials extracted	—	—	—	—	16y	81	79y
ARTS AND COMMUNITIES ASSOCIATION→ SC241593 · est 2002	—	—	£180	—	23y	81	72y
AULD KIRK CHARITABLE TRUST→ SC305621 · est 2006 · no financials extracted	—	—	—	—	19y	81	78y
ELIE HARBOUR TRUST LIMITED→ SC057287 · est 1975 · no financials extracted	—	—	—	—	51y	81	79y
ROYAL BURGH OF INVERBERVIE COMMUNITY CARAVAN PARK LTD.→ SC285489 · est 2005	—	—	—	200	20y	81	80y
SHIELBRIDGE LIMITED→ SC029862 · est 1954	—	—	£155.8k	—	72y	81	79y
THE ABERDEEN AND DISTRICT MOTOR CLUB LTD.→ SC028939 · est 1952	—	—	£8.4k	—	73y	81	70y

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-limited-exemption

Incorporated1999-06-29

Jurisdictionscotland

Primary SIC91020 — Museum activities

Registered office

Seaview Rosemount

Hillside

Montrose

Angus

DD10 9JS

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-03-11OVERDUE

Last: 2025-02-25