HOUSE OF MULBEN LIMITED

🌳Matureactive

SC232682 · ltd · incorporated 2002-06-12

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Why now

Window steady · low confidence

Steady and tidy — no seller pressure yet. Approach only if an angle opens.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

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

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Other sports activities

Sector: Arts, entertainment & recreation

Investor take

Pursue

Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 74). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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

4 officers (3 active, 4 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

54 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-02-28	2024-02-29
Average employees	0	0

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

• 1 confirmation-statement
• 1 officers

Last 90 days

filings

• 1 confirmation-statement
• 1 officers

Last 180 days

filings

• 1 confirmation-statement
• 1 officers

Counts from Companies House filing history.

Corporate timeline (21 events)Click to expand

2026-06-23
📄
change-person-director-company-with-change-date
officers · CH01
2025-11-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-04
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2017-11-22
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2016-12-02
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-07-01
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-11-29
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-07-02
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-09-16
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2003-04-27
➕
MACPHERSON, John Gyle appointed
director
2002-06-12
🏢
Company incorporated
As HOUSE OF MULBEN LIMITED
2002-06-12
➕
MACPHERSON, Jane Barbara Niven appointed
secretary
2002-06-12
➕
MCPHERSON, Innes Gordon appointed
director
2002-06-12
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
2002-06-12
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary

Owner dependency

83/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

96/100

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 74 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 24 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

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Innes Gordon Macpherson Individual · British · DOB 03/1952 · age 74	75–100%	75–100%	75-100% shares · 75-100% voting	01/07/2016

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

Similar companies

Active · Leisure & entertainment · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
JOHN CODONA'S PLEASURE FAIRS LIMITED→ SC022655 · est 1944	£172.2k £133.9k–£210.4k	£7.30M	—	20400	82y	87	80y
BANKS O'DEE SPORTS CLUB LIMITED→ SC175110 · est 1997 · no financials extracted	—	—	—	—	29y	83	79y
CLATT AULD KIRK→ SC161856 · est 1995 · no financials extracted	—	—	—	—	30y	83	71y
DEESIDE GLIDING CLUB (ABERDEENSHIRE) LIMITED→ SC034867 · est 1960	—	—	£755.2k	—	66y	83	77y
GLENSHEE LIMITED→ SC269348 · est 2004	—	—	£339.9k	—	22y	83	71y
KEITH FOOTBALL CLUB LTD.→ SC271946 · est 2004	—	—	—	0	21y	83	71y
PEACOCK VISUAL ARTS LIMITED→ SC056235 · est 1974 · no financials extracted	—	—	—	—	51y	83	80y
PETERHEAD FOOTBALL CLUB LIMITED→ SC146014 · est 1993 · no financials extracted	—	—	—	—	32y	83	78y
THE KEITH & DISTRICT SPORTS TRUST→ SC141101 · est 1992 · no financials extracted	—	—	—	—	33y	83	81y
ARDOYNE PERFORMANCE LIMITED→ SC308365 · est 2006	—	—	—	0	19y	82	63y
GRAMPIAN GOLF & LEISURE ASSOCIATES LIMITED→ SC093558 · est 1985 · no financials extracted	—	—	—	—	41y	82	77y
HL JONES & SONS LIMITED→ SC254132 · est 2003	—	—	£31.1k	—	22y	82	66y

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

Typeltd

Incorporated2002-06-12

Jurisdictionscotland

Primary SIC93199 — Other sports activities

Registered office

House Of Mulben, Mulben Mains

Keith

Banffshire

AB55 6YH

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2027-06-16

Last: 2026-06-02

Officers (3 active · 1 resigned)

MACPHERSON, Jane Barbara Niven→

secretary · appointed 2002-06-12

View their other companies + combined net worth →

Active

MACPHERSON, John Gyle→

director · ~45y · appointed 2003-04-27

View their other companies + combined net worth →

Active

MCPHERSON, Innes Gordon→

director · ~74y · appointed 2002-06-12

View their other companies + combined net worth →

Active

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 2002-06-12 · resigned 2002-06-12

Resigned

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

Recent filings (54 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-07-02

change-person-director-company-with-change-date

officers · CH01

2026-06-23