COVE BURGH HALL

🌳Matureactive

SC217153 · private-limited-guarant-nsc-limited-exemption · incorporated 2001-03-22

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 6.8y 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 Mar 2025

Net worth

£97.7k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Operation of arts facilities

Sector: Arts, entertainment & recreation

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. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 6.8y

65/100

clean up first

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

· Oldest live charge is 6.8 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 28/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (65/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

35 officers (9 active, 35 linked, 33 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

3 connected companies via shared directors

Filing history

114 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £97,674

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

£98k

Current Assets

£92k

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31
Total assets	£97.7k
Current assets	£92.1k
Net assets	£97.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

• 2 officers
• 1 confirmation-statement

Last 180 days

filings

• 2 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (82 events)Click to expand

2026-03-31
📄
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2026-03-18
➖
COX, Martin resigned
director
2026-03-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-11-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-11-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-11-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-01
➕
FREEMAN, Edward Icarus appointed
director
2025-11-01
➕
SALTER-MCCULLOCH, Elizabeth appointed
director
2025-04-25
➖
HOLLAND, Fiona Jane resigned
director
2025-04-25
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-01-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-05
➖
WISHART, Ruth resigned
director
2024-08-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-10-27
➖
MORRISON, Alison Jean resigned
director
2023-02-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-02-02
➕
HOLLAND, Fiona Jane appointed
director
2022-10-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-02-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-02-18
➖
GRIERSON, Rona Todd resigned
director
2022-02-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-02-17
➕
DIXON, Anthony Graham, Dr appointed
director
2022-02-17
➕
STRACHAN, Paul Andrew appointed
director
2021-11-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-11-01
➖
DONNELLY, Colin resigned
director
2021-10-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-09-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-09-10
➖
ISAACS, Neil William resigned
director
2021-09-10
➖
MORTON, Mairi resigned
director
2019-12-31
➕
COX, Martin appointed
director
2019-12-31
➕
GRIERSON, Rona Todd appointed
director
2019-12-31
➖
GROGAN, Wells resigned
director
2019-09-06
🔒
Charge registered #1
Lender: Historic Environment Scotland
2018-10-15
➕
BELL, Graham Mcneil appointed
director
2018-10-15
➕
MORTON, Mairi appointed
director
2018-07-31
➖
DICKSON, Patricia Muiris, Mrs. resigned
director
2018-06-01
➖
GRIERSON, Rona resigned
director
2018-04-01
➕
MORRISON, Thomas Colin appointed
director
2017-03-02
➕
DONNELLY, Colin appointed
director
2017-03-02
➖
ISAACS, Margaret Mary resigned
director
2016-10-05
➕
GROGAN, Wells appointed
director
2016-10-05
➖
YOUDEN, Daryl Jane, Mrs. resigned
director
2016-05-12
➖
CARRUTHERS, Lesley Blanche Murray resigned
director
2016-02-01
➕
ISAACS, Neil William appointed
director
2015-09-30
➕
ISAACS, Margaret Mary appointed
director
2015-09-30
➖
MCDOWALL, James Kerr resigned
director
2015-09-30
➕
WISHART, Ruth appointed
director

Showing most recent 50 of 82 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

-9 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 78 — succession pressure is live.

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 70+: Senior director is approximately 78 years old. Natural succession window is now.
primary20+ year tenure: Director in role 25 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

clean

No 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 · Leisure & entertainment · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
STEWART TRAVEL LIMITED→ SC400502 · est 2011	£30.04M £23.36M–£36.72M	£109.39M	—	36000	15y	91	68y
BARRHEAD TRAVEL SERVICE LIMITED→ SC057208 · est 1975	£9.61M £7.47M–£11.74M	£89.85M	—	56600	51y	82	59y
IF ONLY HOLIDAYS LIMITED→ SC268032 · est 2004	£4.61M £3.59M–£5.64M	—	—	5900	22y	85	69y
AC PROJECTS/ALTERNATIVE CURRENTS LIMITED→ SC400717 · est 2011	£3.2k £2.5k–£3.9k	—	—	0	15y	95	66y
ALLAN GLEN'S SPORTS CLUB LIMITED→ SC117858 · est 1989	—	—	£1.9k	—	37y	83	88y
D. & D. AMUSEMENTS LTD.→ SC196522 · est 1999	—	—	£120.9k	—	27y	83	68y
FACT THREE→ SC319714 · est 2007	—	—	£168.8k	—	19y	83	73y
GREENACRES CURLING LTD.→ SC200546 · est 1999	—	—	—	1200	26y	83	77y
IN EXTREMIS LIMITED→ SC142085 · est 1993	—	—	£61.2k	—	33y	83	61y
SCOTTISH JEWISH ARCHIVES CENTRE→ SC210878 · est 2000	—	—	£120.5k	—	25y	83	79y
SCOTTISH NATIONAL MEMORIAL TO DAVID LIVINGSTONE TRUST→ SC016172 · est 1930 · no financials extracted	—	—	—	—	95y	83	75y
THE ANTONINE SPORTS CENTRE→ SC144453 · est 1993	—	—	£199.7k	—	33y	83	86y

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.

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Company details

Statusactive

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated2001-03-22

Jurisdictionscotland

Primary SIC90040 — Operation of arts facilities

Registered office

Cove Burgh Hall Shore Road

Cove

By Helensburgh

Argyll

G84 0LY

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-05

Last: 2026-03-22