MIDLOTHIAN ADVICE & RESOURCE CENTRE

🌳Matureactive
SC270322 · private-limited-guarant-nsc-limited-exemption · incorporated 2004-07-06
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 · low confidence
Stable recent picture — watch for any upcoming trigger event.
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
78/100
Strong
🔔
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What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
Investor take
Pursue
Active trading company with a 82-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (83/100, director aged 82). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: low (48/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
48 officers (3 active, 48 linked, 44 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
139 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
4
filings
  • • 3 officers
  • • 1 confirmation-statement
Last 90 days
4
filings
  • • 3 officers
  • • 1 confirmation-statement
Last 180 days
4
filings
  • • 3 officers
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (110 events)Click to expand
  1. 2026-07-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-07-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-07-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-04-30
    ➖
    DUGAN, Pamela Alison resigned
    director
  5. 2026-04-01
    ➖
    DUNN, William Andrew resigned
    director
  6. 2026-03-31
    ➕
    LISTER, Elaine Dorothy appointed
    director
  7. 2025-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2025-07-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-07-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2025-06-30
    ➕
    DUNN, William Andrew appointed
    director
  11. 2025-06-30
    ➖
    MCEACHEN, Caroline resigned
    director
  12. 2024-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2024-03-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2024-03-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2024-02-28
    ➖
    HENNESSY, Yvette resigned
    director
  16. 2024-02-28
    ➖
    TAYLOR, Brian resigned
    director
  17. 2023-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2023-01-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2021-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2020-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2019-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2018-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2017-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2016-09-01
    ➕
    MCEACHEN, Caroline appointed
    director
  25. 2016-08-29
    ➖
    MANSON, Sarah resigned
    director
  26. 2015-01-06
    ➖
    JOHNSTON, Moria resigned
    director
  27. 2015-01-05
    ➕
    DUGAN, Pamela Alison appointed
    director
  28. 2014-11-01
    ➕
    HENNESSY, Yvette appointed
    director
  29. 2014-10-24
    ➕
    MANSON, Sarah appointed
    director
  30. 2014-06-01
    ➖
    DUGAN, Pamela Alison resigned
    director
  31. 2014-03-31
    ➖
    MCEACHEN, Caroline resigned
    director
  32. 2014-03-05
    ➕
    DUGAN, Pamela Alison appointed
    secretary
  33. 2014-02-26
    ➕
    TAYLOR, Brian appointed
    director
  34. 2013-04-01
    ➖
    CLARK, Irene resigned
    director
  35. 2012-03-27
    ➖
    BARRETT, Sarah resigned
    director
  36. 2012-03-27
    ➖
    BROWN, David Honeyman resigned
    director
  37. 2012-03-07
    ➕
    JOHNSTON, Moria appointed
    director
  38. 2012-03-02
    ➖
    DAVIDSON, Peter Andrew resigned
    secretary
  39. 2012-03-02
    ➖
    DAVIDSON, Peter Andrew resigned
    director
  40. 2011-09-02
    ➕
    DUGAN, Pamela Alison appointed
    director
  41. 2011-07-14
    ➕
    CLARK, Irene appointed
    director
  42. 2011-05-13
    ➖
    MARSHALL, Heather Fiona resigned
    director
  43. 2011-03-24
    ➖
    IANNELLI, Teresa resigned
    director
  44. 2011-03-24
    ➕
    MCEACHEN, Caroline appointed
    director
  45. 2011-02-15
    ➕
    DAVIDSON, Peter Andrew appointed
    secretary
  46. 2011-02-15
    ➕
    DAVIDSON, Peter Andrew appointed
    director
  47. 2011-01-01
    ➖
    DICKSON, Cheryl resigned
    director
  48. 2011-01-01
    ➖
    JOHNSTONE, Leanne resigned
    director
  49. 2010-11-14
    ➖
    ARCHBALD, Steven Dixon resigned
    director
  50. 2010-10-28
    ➕
    RUSSELL, Margot appointed
    director
Showing most recent 50 of 110 events

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 16 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 82 — succession pressure is live.

Succession & seller-readiness

79/100
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 82 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 16 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: DUGAN, Pamela Alison resigned 2026-04-30; DUNN, William Andrew resigned 2026-04-01

🔒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
Typeprivate-limited-guarant-nsc-limited-exemption
Incorporated2004-07-06
Jurisdictionscotland
Primary SIC38110 — SIC 38110

Registered office

10 Woodburn Road
Dalkeith
Midlothian
EH22 2AT

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-07-17
Last: 2026-07-03

Officers (3 active · 45 resigned)

DUGAN, Pamela Alison→
secretary · appointed 2014-03-05
View their other companies + combined net worth →
Active
LISTER, Elaine Dorothy→
director · ~68y · appointed 2026-03-31
View their other companies + combined net worth →
Active
RUSSELL, Margot→
director · ~82y · appointed 2010-10-28
View their other companies + combined net worth →
Active
DAVIDSON, Peter Andrew→
secretary · appointed 2011-02-15 · resigned 2012-03-02
Resigned
DAVIDSON, Peter Andrew→
secretary · appointed 2009-09-14 · resigned 2010-10-18
Resigned
VIVIAN, Richard→
secretary · appointed 2004-07-06 · resigned 2008-08-18
Resigned
ARCHBALD, Steven Dixon→
director · ~46y · appointed 2009-10-16 · resigned 2010-11-14
Resigned
BARR, Sharon Elizabeth→
director · ~54y · appointed 2005-05-18 · resigned 2005-09-01
Resigned
BARRETT, Sarah→
director · ~45y · appointed 2010-10-15 · resigned 2012-03-27
Resigned
BERMAN, Mark Steven→
director · ~76y · appointed 2008-07-02 · resigned 2010-05-14
Resigned
BROWN, David Honeyman→
director · ~87y · appointed 2010-10-15 · resigned 2012-03-27
Resigned
CLARK, Irene→
director · ~72y · appointed 2011-07-14 · resigned 2013-04-01
Resigned
CROWE, James→
director · ~85y · appointed 2004-07-06 · resigned 2006-05-31
Resigned
CUMMING, William Sydney→
director · ~85y · appointed 2006-05-31 · resigned 2010-06-14
Resigned
DAVIDSON, Peter Andrew→
director · ~60y · appointed 2011-02-15 · resigned 2012-03-02
Resigned
DAVIDSON, Peter Andrew→
director · ~60y · appointed 2009-10-16 · resigned 2010-09-22
Resigned
DICKSON, Cheryl→
director · ~43y · appointed 2010-06-25 · resigned 2011-01-01
Resigned
DUGAN, Pamela Alison→
director · ~58y · appointed 2015-01-05 · resigned 2026-04-30
Resigned
DUGAN, Pamela Alison→
director · ~58y · appointed 2011-09-02 · resigned 2014-06-01
Resigned
DUNN, William Andrew→
director · ~58y · appointed 2025-06-30 · resigned 2026-04-01
Resigned

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

Recent filings (139 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-07-16
termination-director-company-with-name-termination-date
officers · TM01
2026-07-15
appoint-person-director-company-with-name-date
officers · AP01
2026-07-15
termination-director-company-with-name-termination-date
officers · TM01
2026-07-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-03
termination-director-company-with-name-termination-date
officers · TM01
2025-07-03
appoint-person-director-company-with-name-date
officers · AP01
2025-07-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-22
termination-director-company-with-name-termination-date
officers · TM01
2024-03-12
termination-director-company-with-name-termination-date
officers · TM01
2024-03-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-10