ISLAY DEVELOPMENT INITIATIVE LTD

🌳Matureactive
SC248808 · private-limited-guarant-nsc · incorporated 2003-05-06
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 02100
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 32990Other manufacturing n.e.c.
  • 38210SIC 38210
  • 47799SIC 47799
Investor take
Pursue
Active trading company with a 76-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 76). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 1.4y

15/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 1.4 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 28/100 — workable, but lender will want more DD.

Data confidence

Overall: low (47/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
45 officers (8 active, 45 linked, 43 with DOB)
89
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
142 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (106 events)Click to expand
  1. 2025-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-04-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-03-27
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  5. 2025-03-20
    🔒
    Charge registered #2
    Lender: Big Lottery Fund
  6. 2025-02-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-02-14
    SMITH, Robert William resigned
    director
  8. 2025-02-05
    BAULD, Adam Grahame appointed
    director
  9. 2025-02-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2024-12-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2024-11-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2024-11-27
    🔒
    Charge registered #1
    Lender: Sis (Community Finance) LTD
  13. 2024-07-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2024-06-30
    PORTER, James resigned
    director
  15. 2024-04-02
    PORTER, James appointed
    director
  16. 2024-04-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2024-03-27
    WIGGINS, Kevin appointed
    director
  18. 2024-03-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2024-01-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2023-12-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2023-12-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2023-07-13
    MACLACHLAN, Archie resigned
    director
  23. 2023-07-13
    MACLACHLAN, Darcie resigned
    director
  24. 2023-06-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  25. 2023-06-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  26. 2023-05-31
    CHASEMORE, Gillian Margaret resigned
    director
  27. 2023-05-15
    MAGOWAN, Kenneth resigned
    director
  28. 2023-04-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  29. 2023-04-01
    MCINTYRE, John appointed
    director
  30. 2023-01-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  31. 2023-01-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  32. 2023-01-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  33. 2023-01-01
    CHASEMORE, Gillian Margaret appointed
    director
  34. 2022-06-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  35. 2022-06-01
    REDMAN, Alastair resigned
    director
  36. 2021-05-01
    MACAFFER, Kate appointed
    director
  37. 2021-02-01
    BAKER, Kerry Davene resigned
    director
  38. 2020-09-01
    PATTON, Stephanie Michelle resigned
    director
  39. 2020-06-11
    PATTON, Stephanie Michelle appointed
    director
  40. 2020-05-20
    MACLACHLAN, Archie appointed
    director
  41. 2020-05-20
    MACLACHLAN, Darcie appointed
    director
  42. 2020-05-11
    FERGUSON, Meredith Jane resigned
    director
  43. 2020-05-11
    HAYES, Graham Donald resigned
    director
  44. 2019-10-28
    BAKER, Kerry Davene appointed
    director
  45. 2019-10-28
    REDMAN, Elizabeth resigned
    director
  46. 2019-07-01
    REDMAN, James Thomas appointed
    director
  47. 2019-07-01
    THOMSON, Thomas resigned
    director
  48. 2018-05-29
    MACCUAIG, Christine Mairi appointed
    director
  49. 2018-05-29
    MURRAY, Calum resigned
    director
  50. 2018-05-26
    STOREY, Ian Lancaster appointed
    director
Showing most recent 50 of 106 events

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -7 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 76 — succession pressure is live.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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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 →
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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.

Available from the Pro tier upwards.

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Company details

Statusactive
Typeprivate-limited-guarant-nsc
Incorporated2003-05-06
Jurisdictionscotland
Primary SIC02100 — SIC 02100

Registered office

Idi Office Kilarrow Modular Buildings
Bowmore
Isle Of Islay
Argyll
PA43 7LH
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-20
Last: 2025-05-06

Officers (8 active · 37 resigned)

GLOVER, Thomasina Watters
secretary · appointed 2013-04-01
View their other companies + combined net worth →
Active
BAULD, Adam Grahame
director · ~23y · appointed 2025-02-05
View their other companies + combined net worth →
Active
MACAFFER, Kate
director · ~76y · appointed 2021-05-01
View their other companies + combined net worth →
Active
MACCUAIG, Christine Mairi
director · ~57y · appointed 2018-05-29
View their other companies + combined net worth →
Active
MCINTYRE, John
director · ~64y · appointed 2023-04-01
View their other companies + combined net worth →
Active
REDMAN, James Thomas
director · ~45y · appointed 2019-07-01
View their other companies + combined net worth →
Active
STOREY, Ian Lancaster
director · ~68y · appointed 2018-05-26
View their other companies + combined net worth →
Active
WIGGINS, Kevin
director · ~64y · appointed 2024-03-27
View their other companies + combined net worth →
Active
PROTHEROUGH, David Edward
secretary · appointed 2003-05-06 · resigned 2013-01-22
Resigned
ARMSTRONG, Martin Peter
director · ~50y · appointed 2010-11-18 · resigned 2013-08-23
Resigned
BAKER, Kerry Davene
director · ~36y · appointed 2019-10-28 · resigned 2021-02-01
Resigned
BLAIR, Alan Nicol
director · ~82y · appointed 2003-05-06 · resigned 2005-06-03
Resigned
BULLER, Diana Mary
director · ~82y · appointed 2009-10-20 · resigned 2010-09-27
Resigned
CAPPER, Ishbel Jean
director · ~72y · appointed 2003-05-06 · resigned 2012-11-20
Resigned
CHASEMORE, Gillian Margaret
director · ~69y · appointed 2023-01-01 · resigned 2023-05-31
Resigned
DAVIDSON, John Lewis
director · ~73y · appointed 2010-01-12 · resigned 2010-10-13
Resigned
FERGUSON, Meredith Jane
director · ~53y · appointed 2017-11-20 · resigned 2020-05-11
Resigned
GLOVER, Thomasina Watters
director · ~59y · appointed 2012-08-21 · resigned 2013-03-31
Resigned
HAYES, Graham Donald
director · ~55y · appointed 2017-11-22 · resigned 2020-05-11
Resigned
HOVERTY, Sharon
director · ~64y · appointed 2010-11-18 · resigned 2012-07-10
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Big Lottery Fund
A registered charge1 property20/03/2025
outstanding
Sis (Community Finance)
Sis (Community Finance) LTD
A registered charge27/11/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (142 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-04
change-account-reference-date-company-previous-extended
accounts · AA01
2025-03-27
termination-director-company-with-name-termination-date
officers · TM01
2025-02-27
appoint-person-director-company-with-name-date
officers · AP01
2025-02-05
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-12-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-04
termination-director-company-with-name-termination-date
officers · TM01
2024-07-04
appoint-person-director-company-with-name-date
officers · AP01
2024-04-02
appoint-person-director-company-with-name-date
officers · AP01
2024-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-11
termination-director-company-with-name-termination-date
officers · TM01
2023-12-05