HORSECROSS ARTS LIMITED

🌳Matureactive

SC301328 · private-limited-guarant-nsc · incorporated 2006-04-25

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.

Why now

Window steady · low confidence

Steady and tidy — no seller pressure yet. Approach only if an angle opens.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

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

76/100

Strong

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What this business does

Primary activity: Operation of arts facilities

Sector: Arts, entertainment & recreation

Investor take

Pursue

Active trading company with a 78-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 78). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (57/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

Confirmed no charges registered

Directors & officers

68 officers (10 active, 68 linked, 59 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

3 connected companies via shared directors

Filing history

186 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

76/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (149 events)Click to expand

2025-12-22
📄
accounts-with-accounts-type-group
accounts · AA
2025-10-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-09-04
➖
LEWIS, Marysia, Sheriff Principal resigned
director
2025-06-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-06-23
➖
FOTHERINGHAM, Peter resigned
director
2024-10-16
📄
accounts-with-accounts-type-group
accounts · AA
2024-10-15
📄
change-person-director-company-with-change-date
officers · CH01
2024-10-15
📄
change-person-director-company-with-change-date
officers · CH01
2024-10-15
📄
change-person-director-company-with-change-date
officers · CH01
2024-10-15
📄
change-person-director-company-with-change-date
officers · CH01
2024-05-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-05-13
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-03-20
➕
GREENHORN, Kevin appointed
director
2024-03-20
➖
HOOD, Colin, Dr resigned
director
2024-01-04
📄
accounts-with-accounts-type-group
accounts · AA
2023-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-12-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-20
➕
CROSS, David appointed
director
2023-09-20
➕
MILLER, Mary Charlotte Steven appointed
director
2023-01-25
📄
change-person-director-company-with-change-date
officers · CH01
2022-10-06
📄
accounts-with-accounts-type-group
accounts · AA
2022-09-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-09-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-09-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-09-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-05-25
➕
HARVEY, Kenneth Douglas, Councillor appointed
director
2022-05-25
➕
ILLINGWORTH, David, Cllr appointed
director
2022-05-25
➕
MACPHERSON, Iain, Cllr appointed
director
2022-05-24
➖
DONALDSON, Stewart, Councillor resigned
director
2022-05-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-05-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-05-06
➖
JARVIS, Anne resigned
director
2022-05-06
➖
PURVES, Callum, Councillor resigned
director
2022-03-01
➕
ADAMS, Susan appointed
director
2022-03-01
➕
LEWIS, Marysia, Sheriff Principal appointed
director
2021-09-10
➖
SHAH, Amina Tasleem resigned
director
2021-06-10
➕
JARVIS, Anne appointed
director
2021-06-08
➖
LYLE, Murray, Councillor resigned
director
2021-02-15
➕
RAWLINGS JACKSON, Vanessa appointed
director
2021-02-15
➕
FOTHERINGHAM, Peter appointed
director
2021-02-15
➕
HOOD, Colin, Dr appointed
director
2020-08-12
➕
MACDOUGALL, Gordon appointed
director
2020-08-12
➕
SHAH, Amina Tasleem appointed
director
2020-04-02
➕
STEWART, Steven Scott appointed
director
2020-02-25
➖
ELLES, William Jason Hugh resigned
director
2020-01-28
➕
DONALDSON, Stewart, Councillor appointed
director
2020-01-28
➕
LYLE, Murray, Councillor appointed
director
2020-01-28
➕
PURVES, Callum, Councillor appointed
director
2019-12-24
➖
STRACHAN, Alan resigned
director

Showing most recent 50 of 149 events

Owner dependency

70/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-10 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "CROSS" — strong identity link between founder and business.
+Founder age: Director aged approximately 78 — 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 78 years old. Natural succession window is now.

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: FOTHERINGHAM, Peter resigned 2025-06-23; LEWIS, Marysia, Sheriff Principal resigned 2025-09-04

Group structure

Perth & Kinross Council holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️

Perth & Kinross Council

Corporate parent · board control

⬇

HORSECROSS ARTS LIMITED

This company · SC301328

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Perth & Kinross Council Corporate entity	—	—	board controlboard control	06/04/2016

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 · PH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GRANTOWN MUSEUM AND HERITAGE TRUST→ SC138200 · est 1992 · no financials extracted	—	—	—	—	33y	82	82y
LOYAL LEISURE LTD.→ SC296336 · est 2006	—	—	—	3700	20y	82	80y
PITLOCHRY GOLF LIMITED→ SC368534 · est 2009	—	—	£689.8k	—	16y	82	61y
THE ARDNAMURCHAN TRUST→ SC202981 · est 2000	—	—	—	2	26y	82	66y
BLAIRGOWRIE COMMUNITY PROJECT→ SC190554 · est 1998	—	—	£0	—	27y	81	81y
CAIRNGORM MOUNTAIN TRUST LTD.→ SC032229 · est 1957	—	—	£4.2k	—	69y	81	79y
CLAN DONNACHAIDH SOCIETY→ SC267317 · est 2004	—	—	—	100	22y	81	88y
CRIEFF HIGHLAND GATHERING LIMITED→ SC018654 · est 1935	—	—	£113.9k	—	90y	81	74y
FEIS GLEANN ALBAINN→ SC325521 · est 2007 · no financials extracted	—	—	—	—	18y	81	81y
FINGASK FOLLIES→ SC366264 · est 2009 · no financials extracted	—	—	—	—	16y	81	87y
GLENUIG COMMUNITY ASSOCIATION→ SC147089 · est 1993 · no financials extracted	—	—	—	—	32y	81	80y
LOCHABER HIGHLAND GAMES ASSOCIATION→ SC304923 · est 2006	—	—	—	—	19y	81	83y

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.

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Company details

Statusactive

Typeprivate-limited-guarant-nsc

Incorporated2006-04-25

Jurisdictionscotland

Primary SIC90040 — Operation of arts facilities

Registered office

Perth Concert Hall

Mill Street

Perth

PH1 5HZ

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-05-09

Last: 2025-04-25