LOTHIAN FIFTY (890) LIMITED

🌳Matureactive
SC233301 · ltd · incorporated 2002-06-26
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.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (60/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
8 officers (2 active, 8 linked, 4 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

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 (31 events)Click to expand
  1. 2025-09-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-09-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  3. 2024-09-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-08-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-09-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-10-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2021-05-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2021-03-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2020-08-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2019-07-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2018-09-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2017-09-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2017-06-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  14. 2016-10-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2016-06-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-11-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2013-09-30
    ➖
    SCOTT, Ian Bennett resigned
    secretary
  18. 2012-03-12
    ➖
    HAZELL, Timothy Robert Anthony resigned
    director
  19. 2008-01-29
    ➖
    BOOTH, Ian Martyn resigned
    secretary
  20. 2008-01-29
    ➕
    SCOTT, Ian Bennett appointed
    secretary
  21. 2006-09-25
    ➕
    DAFFERN, Paul appointed
    director
  22. 2003-02-28
    ➖
    HALLETT, Gregory James resigned
    director
  23. 2002-08-12
    ➕
    HAZELL, Timothy Robert Anthony appointed
    director
  24. 2002-07-11
    ➕
    BOOTH, Ian Martyn appointed
    director
  25. 2002-07-11
    ➕
    BOOTH, Ian Martyn appointed
    secretary
  26. 2002-07-11
    ➖
    BURNESS resigned
    corporate-nominee-secretary
  27. 2002-07-11
    ➕
    HALLETT, Gregory James appointed
    director
  28. 2002-07-11
    ➖
    BURNESS (DIRECTORS) LIMITED resigned
    corporate-nominee-director
  29. 2002-06-26
    🏢
    Company incorporated
    As LOTHIAN FIFTY (890) LIMITED
  30. 2002-06-26
    ➕
    BURNESS appointed
    corporate-nominee-secretary
  31. 2002-06-26
    ➕
    BURNESS (DIRECTORS) LIMITED appointed
    corporate-nominee-director

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 72 — 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 72 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.)

Group structure

West Midlands Enterprise Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
West Midlands Enterprise Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
LOTHIAN FIFTY (890) LIMITED
This company · SC233301

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
West Midlands Enterprise Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

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

🔒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 →

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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
Incorporated2002-06-26
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

50 Lothian Road
Festival Square
Edinburgh
EH3 9WJ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-10
Last: 2025-06-26

Officers (2 active · 6 resigned)

BOOTH, Ian Martyn→
director · ~72y · appointed 2002-07-11
View their other companies + combined net worth →
Active
DAFFERN, Paul→
director · ~62y · appointed 2006-09-25
View their other companies + combined net worth →
Active
BOOTH, Ian Martyn→
secretary · appointed 2002-07-11 · resigned 2008-01-29
Resigned
SCOTT, Ian Bennett→
secretary · appointed 2008-01-29 · resigned 2013-09-30
Resigned
BURNESS→
corporate-nominee-secretary · appointed 2002-06-26 · resigned 2002-07-11
Resigned
HALLETT, Gregory James→
director · ~64y · appointed 2002-07-11 · resigned 2003-02-28
Resigned
HAZELL, Timothy Robert Anthony→
director · ~64y · appointed 2002-08-12 · resigned 2012-03-12
Resigned
BURNESS (DIRECTORS) LIMITED→
corporate-nominee-director · appointed 2002-06-26 · resigned 2002-07-11
Resigned

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

Recent filings (70 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-09-27
accounts-with-accounts-type-dormant
accounts · AA
2024-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-27
accounts-with-accounts-type-dormant
accounts · AA
2023-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-27
accounts-with-accounts-type-dormant
accounts · AA
2022-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-27
accounts-with-accounts-type-dormant
accounts · AA
2021-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-29
change-person-director-company-with-change-date
officers · CH01
2021-05-11
change-person-director-company-with-change-date
officers · CH01
2021-03-10
accounts-with-accounts-type-dormant
accounts · AA
2020-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-27