LATE 'N' LIVE LIMITED
🌳Matureactive
SC290602 · ltd · incorporated 2005-09-21
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
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Performing arts
Sector: Arts, entertainment & recreation
ALSO REGISTERED FOR
- 90040Operation of arts facilities
Investor take
PursueActive trading company with a 76-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), 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).
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (4 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
44 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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (20 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-12-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-11-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-12-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-11-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-02-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-09-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-04-01➕KOREN, Katy appointeddirector
- 2019-11-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-12-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-12-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-12-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-11-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-10-16📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-11-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-10-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-03-01➕MCFADDEN, Iain James appointeddirector
- 2005-09-21🏢Company incorporatedAs LATE 'N' LIVE LIMITED
- 2005-09-21➕MACDONALD, Alexander John appointedsecretary
- 2005-09-21➕KOREN, Karen Marie appointeddirector
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 76 — 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 candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 21 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
cleanNo 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 |
|---|---|---|---|---|
Ms Karen Marie Koren Individual · British · DOB 01/1950 · age 76 | — | — | sig. influencesignificant influence | 01/07/2016 |
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 →Similar companies
Active · Leisure & entertainment · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LES JOLY DAMES LTD→ SC649774 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| LINKTOURS SCOTLAND LTD→ SC772699 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LIVINGSTON FOOTBALL CLUB LIMITED→ SC142420 · est 1993 · no financials extracted | — | — | — | — | 33y | — | — |
| LOCH LOMOND LEISURE (SCOTLAND) LTD.→ SC219990 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| LR TRAVEL LTD→ SC775763 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| MACASTORY→ SC394949 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| MARY'S MEANDERS LTD→ SC555784 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| MASTER BOOKMAKERS LTD→ SC867765 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MASTERBUILDERS LINLITHGOW LTD→ SC515999 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| MD SCOTLAND FILM PRODUCTION SERVICES LIMITED→ SC714878 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| MEAD KERR LTD.→ SC220595 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| MEADOW OF LIGHT LIMITED→ SC853849 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2005-09-21
Jurisdictionscotland
Primary SIC90010 — Performing arts
Registered office
19 Rutland Square
Edinburgh
EH1 2BB
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-05
Last: 2025-09-21
Officers (4 active · 0 resigned)
MACDONALD, Alexander John→
Activesecretary · appointed 2005-09-21
View their other companies + combined net worth →
KOREN, Karen Marie→
Activedirector · ~76y · appointed 2005-09-21
View their other companies + combined net worth →
Active
MCFADDEN, Iain James→
Activedirector · ~63y · appointed 2009-03-01
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (44 total)
accounts-with-accounts-type-dormant
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-27
accounts-with-accounts-type-dormant
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-14
accounts-with-accounts-type-dormant
accounts · AA
2023-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-06
accounts-with-accounts-type-dormant
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-10
accounts-with-accounts-type-dormant
accounts · AA
2021-11-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-03
accounts-with-accounts-type-dormant
accounts · AA
2021-02-18
confirmation-statement-with-updates
confirmation-statement · CS01
2020-09-21
appoint-person-director-company-with-name-date
officers · AP01
2020-09-21
accounts-with-accounts-type-dormant
accounts · AA
2019-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-01