NORTHWIND LEISURE (DUNDEE) LIMITED

🌳Matureactive
SC290753 · ltd · incorporated 2005-09-23
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 18.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
£2.58M
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Operation of sports facilities
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 18.2y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 18.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
71 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2,576,394
Net assets shrinking
Down £86,120 YoY
Cash YoY
+58%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£34k
↑ 58% YoY
Net Worth
£2.6m
↓ 3.2% YoY
Current Assets
£1.5m
↑ 2.0% YoY
Current Liabilities
—
£0£533k£1.1m£1.6m£2.1m£2.7mDec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-12-312024-12-31
Total assets£3.02M£2.99M
Current assets£1.47M£1.44M
Cash£33.6k£21.3k
Debtors£1.43M£1.42M
Net assets£2.58M£2.66M

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
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-03-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-10-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-03-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-03-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-03-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-03-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-03-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-03-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-10-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-05-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-09-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2009-06-01
    ➕
    MCDERMOTT, Marisa Liana appointed
    director
  17. 2009-06-01
    ➖
    MCDERMOTT, Paul Michael resigned
    director
  18. 2008-05-13
    🔒
    Charge registered #2
    Lender: Royal Bank of Scotland PLC
  19. 2008-03-06
    🔒
    Charge registered #1
    Lender: Royal Bank of Scotland PLC
  20. 2005-09-23
    🏢
    Company incorporated
    As NORTHWIND LEISURE (DUNDEE) LIMITED
  21. 2005-09-23
    ➕
    MCDERMOTT, Barry John appointed
    secretary
  22. 2005-09-23
    ➕
    MCDERMOTT, Barry John appointed
    director
  23. 2005-09-23
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  24. 2005-09-23
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  25. 2005-09-23
    ➕
    MCDERMOTT, Paul Michael appointed
    director

Owner dependency

84/100
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 21 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Barry John Mcdermott
Individual · British · DOB 11/1967 · age 59
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

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 · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
STEWART TRAVEL LIMITED→
SC400502 · est 2011
£30.04M
£23.36M–£36.72M
£109.39M—3600015y9168y
BARRHEAD TRAVEL SERVICE LIMITED→
SC057208 · est 1975
£9.61M
£7.47M–£11.74M
£89.85M—5660051y8259y
IF ONLY HOLIDAYS LIMITED→
SC268032 · est 2004
£4.61M
£3.59M–£5.64M
——590022y8569y
AC PROJECTS/ALTERNATIVE CURRENTS LIMITED→
SC400717 · est 2011
£3.2k
£2.5k–£3.9k
——014y9366y
ALLAN GLEN'S SPORTS CLUB LIMITED→
SC117858 · est 1989
——£1.9k—37y8388y
D. & D. AMUSEMENTS LTD.→
SC196522 · est 1999
——£120.9k—27y8368y
FACT THREE→
SC319714 · est 2007
——£168.8k—19y8373y
GREENACRES CURLING LTD.→
SC200546 · est 1999
———120026y8377y
IN EXTREMIS LIMITED→
SC142085 · est 1993
——£61.2k—33y8361y
SCOTTISH JEWISH ARCHIVES CENTRE→
SC210878 · est 2000
——£120.5k—25y8379y
SCOTTISH NATIONAL MEMORIAL TO DAVID LIVINGSTONE TRUST→
SC016172 · est 1930 · no financials extracted
————95y8375y
THE ANTONINE SPORTS CENTRE→
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——£199.7k—33y8386y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2005-09-23
Jurisdictionscotland
Primary SIC93110 — Operation of sports facilities

Registered office

Soccerworld
20 Croftcroighn Road
Glasgow
G33 3SE

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-10-07
Last: 2025-09-23

Officers (3 active · 2 resigned)

MCDERMOTT, Barry John→
secretary · appointed 2005-09-23
View their other companies + combined net worth →
Active
MCDERMOTT, Barry John→
director · ~59y · appointed 2005-09-23
View their other companies + combined net worth →
Active
MCDERMOTT, Marisa Liana→
director · ~52y · appointed 2009-06-01
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2005-09-23 · resigned 2005-09-23
Resigned
MCDERMOTT, Paul Michael→
director · ~57y · appointed 2005-09-23 · resigned 2009-06-01
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property13/05/2008—
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Bond & floating charge1 property06/03/2008—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (71 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-27