IAN RAE PGA COACH LIMITED

🌳Matureactive

SC269884 · ltd · incorporated 2004-06-25

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 · high confidence

Thesis has shifted recently — watch for confirmation.

· Investment thesis: well_run_hard_buy → unclassified
· Hygiene score: 90 → 70
· Opportunity score: 80 → 72
· Bankability: 75 → 65

Opportunity decay

softening · 6-months

Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.

· 6 recent signals weakening vs 0 strengthening

What changed my view

Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

·Investment thesis: well_run_hard_buy → unclassified
↓Opportunity score: 80 → 72
↓Hygiene score: 90 → 70
↓Bankability: 75 → 65
·Distress / opportunity: avoid → attractive

Last 90 days

Picture worsened over the last 90 days — 3 negative signals vs 0 positive.

·Investment thesis: well_run_hard_buy → unclassified
↓Opportunity score: 80 → 72
↓Hygiene score: 90 → 70
↓Bankability: 75 → 65
·Distress / opportunity: avoid → attractive

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2025

Net worth

£8.2k

book net assets

Opportunity

72/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other sports activities

Sector: Arts, entertainment & recreation

Investor take

Special-situation opportunity

Distressed leisure with salvageable qualities — special-situations priority.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 67). Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

3 years of iXBRL accounts extracted + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

7 officers (3 active, 7 linked, 4 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

59 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £8,231

Cash YoY

-18%

Year on year

Key financials

3 years extracted from filed iXBRL accounts

Cash

£24k

↓ 18% YoY

Net Worth

£8k

↑ 2.7% YoY

Current Assets

£25k

↓ 14% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-11-30	2024-11-30	2023-11-30
Total assets	£8.2k	£8.0k	£-2.1k
Current assets	£24.8k	£28.7k	£20.1k
Cash	£23.6k	£28.7k	£17.5k
Debtors	£1.2k	—	£2.7k
Net assets	£8.2k	£8.0k	£-2.1k

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

🔒Filing-note intelligence

1 signal 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

filing

• 1 accounts

Last 90 days

filings

• 2 accounts

Last 180 days

filings

• 2 accounts

Counts from Companies House filing history.

Corporate timeline (27 events)Click to expand

2026-07-23
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2026-05-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-01
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2025-09-30
📄
gazette-notice-compulsory
gazette · GAZ1
2025-04-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-08-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-08-21
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2017-08-21
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2017-06-23
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2004-12-17
➖
LOGAN, Jacqueline Maureen resigned
secretary
2004-12-17
➖
LOGAN, Jacqueline Maureen resigned
director
2004-12-17
➖
ROBERTSON, Colin Angus resigned
director
2004-12-15
➕
RAE, Karen appointed
secretary
2004-12-15
➕
RAE, Ian appointed
director
2004-12-15
➕
RAE, Karen appointed
director
2004-06-25
🏢
Company incorporated
As IAN RAE PGA COACH LIMITED
2004-06-25
➕
LOGAN, Jacqueline Maureen appointed
secretary
2004-06-25
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
2004-06-25
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
2004-06-25
➕
LOGAN, Jacqueline Maureen appointed
director
2004-06-25
➕
ROBERTSON, Colin Angus appointed
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 22 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

81/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-07-29

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Ian Rae Individual · British · DOB 12/1959 · age 67	25–50%	—	25-50% shares	01/06/2016
Mrs Karen Rae Individual · British · DOB 01/1964 · age 62	25–50%	—	25-50% shares	01/06/2016

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

Similar companies

Active · Leisure & entertainment · ML postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BIGGAR MUSEUM TRUST→ SC398044 · est 2011	—	—	£2.14M	—	15y	83	77y
THE BIGGAR ALBION FOUNDATION LIMITED→ SC214838 · est 2001	—	—	£462.7k	—	25y	83	70y
CHAMPIONS LEAGUE FOOTBALL LIMITED→ SC167752 · est 1996	—	—	£234.5k	—	29y	82	71y
ON SITE AUDIO VISUAL SERVICES LIMITED→ SC269886 · est 2004	—	—	£346.2k	—	22y	82	67y
R. & F. WILMOT LTD.→ SC262419 · est 2004	—	—	—	700	22y	82	60y
BIGGAR & DISTRICT COMMUNITY HERITAGE LIMITED→ SC281826 · est 2005	—	—	£12.3k	—	21y	81	80y
LOTHIAN CAR CLUB (EDINBURGH) LIMITED (THE)→ SC026550 · est 1948	—	—	£39.0k	—	77y	81	71y
A L BEAUTY CLINIC LTD→ SC387141 · est 2010	—	—	£31.5k	—	15y	80	60y
ALBA TOURS LIMITED→ SC233633 · est 2002	—	—	£206.2k	—	24y	80	65y
BARR LEISURE LIMITED→ SC154882 · est 1994 · no financials extracted	—	—	—	—	31y	80	65y
ELITE SPORTS ANALYSIS LIMITED→ SC207793 · est 2000	—	—	£325.4k	—	26y	80	62y
EVENT-A-LOO LIMITED→ SC244111 · est 2003	—	—	£3.70M	—	23y	80	66y

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

🔒Tailored diligence questions

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 →

🔒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

Incorporated2004-06-25

Jurisdictionscotland

Primary SIC93199 — Other sports activities

Registered office

138 New Trows Road

Lesmahagow

Lanarkshire

ML11 0ER

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-11-30

Confirmation statement

Next due: 2026-07-29OVERDUE

Last: 2025-07-15

Officers (3 active · 4 resigned)

RAE, Karen→

secretary · appointed 2004-12-15

View their other companies + combined net worth →

Active

RAE, Ian→

director · ~67y · appointed 2004-12-15

View their other companies + combined net worth →

Active

RAE, Karen→

director · ~62y · appointed 2004-12-15

View their other companies + combined net worth →

Active

LOGAN, Jacqueline Maureen→

secretary · appointed 2004-06-25 · resigned 2004-12-17

Resigned

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 2004-06-25 · resigned 2004-06-25

Resigned

LOGAN, Jacqueline Maureen→

director · ~46y · appointed 2004-06-25 · resigned 2004-12-17

Resigned

ROBERTSON, Colin Angus→

director · ~48y · appointed 2004-06-25 · resigned 2004-12-17

Resigned

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

Recent filings (59 total)

change-account-reference-date-company-previous-shortened

accounts · AA01

2026-07-23

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-05-21

gazette-filings-brought-up-to-date

gazette · DISS40

2025-10-01

gazette-notice-compulsory

gazette · GAZ1

2025-09-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-09-25

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-04-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-08-22

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-08-21

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-10-11

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-08-28

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-08-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-08-19

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-11-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-08-23

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-09-15