THE RAP FOUNDATION

🌳Matureactive

SC234981 · private-limited-guarant-nsc-limited-exemption · incorporated 2002-08-06

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

—

not disclosed

Net worth

—

book net assets

Opportunity

81/100

Exceptional

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What this business does

Primary activity: Other business support service activities n.e.c.

Sector: Administrative & support services

Investor take

Pursue

Active trading company with a 87-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 87). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (55/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

27 officers (10 active, 27 linked, 23 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

93 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

81/100Exceptional

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.

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 (60 events)Click to expand

2026-03-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-05-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-05-29
➖
MCGILL, Gerald Michael resigned
director
2019-05-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-02-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-03-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-06-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2015-08-21
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2015-06-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2015-05-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2015-03-30
➕
YEOH, Catherine Helena appointed
director
2015-03-30
➖
GLOVER, John Alexander resigned
director
2014-04-29
➖
MCGOLDRICK, John resigned
secretary
2014-04-29
➖
MCGOLDRICK, John Gibson resigned
director
2012-11-27
➖
MACGREGOR, Ian Beith resigned
director
2011-12-02
➕
MOONEY, James appointed
director
2011-12-02
➕
STRACHAN, David, Dr appointed
director
2011-12-02
➕
MCGILL, Gerald Michael appointed
director
2011-12-02
➕
MCGOLDRICK, John Gibson appointed
director
2011-12-02
➖
ROBSON, William Graham resigned
director
2010-11-30
➖
GLOVER, John Alexander resigned
secretary
2010-11-30
➕
MCGOLDRICK, John appointed
secretary
2010-11-30
➖
AMOS, Penelope Jane resigned
director
2008-10-01
➕
GLOVER, John Alexander appointed
secretary
2008-07-28
➕
MCLATCHIE, John Stoddart appointed
director
2008-07-28
➕
ROSS, Christina Ellen appointed
director
2008-07-28
➕
ROSS, Derek Ian appointed
director
2008-07-28
➕
AMOS, Penelope Jane appointed
director
2008-02-28
➖
HINTON-SMITH, Susan Marion resigned
secretary
2007-03-20
➖
HARKNESS, Duncan John resigned
director
2006-06-03
➖
MUIR, Gerrard resigned
director
2006-01-30
➖
CRAWFORD, David John resigned
director
2004-10-05
➕
COLBECK, John appointed
director
2004-10-05
➖
ALEXANDER, Fiona Margaret resigned
director
2004-10-05
➕
HARKNESS, Duncan John appointed
director
2004-10-05
➕
ROBSON, William Graham appointed
director
2004-10-05
➖
WESTON, Delna Helen resigned
director
2004-10-05
➖
WILLACY, George resigned
director
2004-06-13
➖
KIRKPATRICK, Roy resigned
director
2004-04-13
➖
GUTHRIE, Anne Austin resigned
secretary
2004-04-13
➕
HINTON-SMITH, Susan Marion appointed
secretary
2002-08-06
🏢
Company incorporated
As THE RAP FOUNDATION
2002-08-06
➕
BARR, Linda Alison appointed
director
2002-08-06
➕
GURNEY, Margaret appointed
director

Showing most recent 50 of 60 events

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-10 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 87 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100

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 87 years old. Natural succession window is now.
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

Name	Shares	Voting rights	Nature of control	Notified
Mr John Stoddart Mclatchie Individual · British · DOB 08/1964 · age 62	—	25–50%	25-50% voting	06/04/2016

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

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
STRANRAER MILLENNIUM CENTRE COMMUNITY TRUST→ SC189780 · est 1998	—	—	—	700	27y	83	80y
BURNFOOT FARMS→ SC387583 · est 2010 · no financials extracted	—	—	—	—	15y	82	74y
CHARLES PAISLEY & SONS LIMITED→ SC273942 · est 2004	—	—	£422.9k	—	21y	82	63y
LESLEY GREENLEES LIMITED→ SC386519 · est 2010	—	—	£244.9k	—	15y	82	83y
ROUCAN LOCH CREMATORIUM COMPANY LIMITED→ SC252072 · est 2003	—	—	—	900	22y	82	65y
ALARM SYSTEMS LIMITED→ SC168495 · est 1996	—	—	£1.05M	—	29y	81	79y
CROSSROADS CARE AND SUPPORT→ SC220161 · est 2001 · no financials extracted	—	—	—	—	24y	81	83y
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

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.

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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.

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Company details

Statusactive

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated2002-08-06

Jurisdictionscotland

Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Farries Kirk & Mcvean Dumfries Enterprise Park, Tinwald Downs Road

Heathhall

Dumfries

DG1 3SJ

Filing status

Accounts

Next due: 2027-05-31

Last made up to: 2025-08-31

Confirmation statement

Next due: 2026-08-20

Last: 2025-08-06