VETERANS OF SCOTTISH MOTORSPORT ASSOCIATION

🌳Matureactive

SC302075 · private-limited-guarant-nsc-limited-exemption · incorporated 2006-05-09

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jul 2025

Net worth

£3.3k

book net assets

Opportunity

81/100

Exceptional

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What this business does

Primary activity: Activities of other membership organisations n.e.c.

Sector: Other service activities

Investor take

Pursue

Asset-holding vehicle with a 85-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 85). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (69/100)

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

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

28 officers (10 active, 28 linked, 27 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

102 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

81/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

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.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £3,327

Net assets shrinking

Down £1,548 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£3k

↓ 32% YoY

Current Assets

£4k

↓ 66% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-07-31	2024-07-31
Total assets	£3.3k	£4.9k
Current assets	£3.6k	£10.4k
Net assets	£3.3k	£4.9k

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

filing

• 1 accounts

Last 180 days

filings

• 5 officers
• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (68 events)Click to expand

2026-04-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-15
📄
change-person-director-company-with-change-date
officers · CH01
2026-01-09
📄
change-person-director-company-with-change-date
officers · CH01
2026-01-09
📄
change-person-director-company-with-change-date
officers · CH01
2026-01-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-01-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-01-01
➕
PATON, James Christopher appointed
director
2026-01-01
➖
PATON, James Christopher resigned
director
2024-11-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-18
➕
BUTTERY, Ian Archibald Alexander appointed
director
2023-12-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-12-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-12-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-12-14
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-12-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-12-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-12-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-05
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-01
➕
CRICHTON, Agnes Major Anderson appointed
director
2023-12-01
➕
FOTHERINGHAM, David Balfour appointed
director
2023-12-01
➕
SMILLIE, Margaret appointed
director
2023-12-01
➕
SWORD, Margaret Mary appointed
director
2023-12-01
➕
YOUNG, Charles Smith Jardine appointed
director
2023-12-01
➖
PATERSON, Adele Marion resigned
director
2023-12-01
➖
PATERSON, Duncan resigned
director
2023-11-10
➖
BAILLIE, Robert Kerr resigned
director
2023-11-10
➖
CRICHTON, William Barry resigned
director
2023-11-10
➖
PARKER, Stuart Samuel Ireland, Dr resigned
director
2023-11-10
➖
SMILLIE, Ian resigned
director
2021-04-30
➖
PARKER, Stuart Samuel Ireland, Dr resigned
secretary
2021-03-25
➕
BRUCE, Middleton appointed
director
2021-03-05
➖
DAVIDSON, Jack Alexander Willock resigned
director
2021-03-05
➖
YOUNG, Charles Smith Jardine resigned
director
2019-12-16
➖
GORDON, Donald James Stewart resigned
director
2019-12-14
➕
HOW, Michael Gordon appointed
director
2019-12-14
➕
DAVIDSON, Jack Alexander Willock appointed
director
2019-12-14
➖
MCINNES, James Wallace resigned
director
2019-12-14
➕
PATON, James Christopher appointed
director
2019-12-06
➖
BRUCE, Middleton resigned
director
2017-12-08
➕
SMILLIE, Ian appointed
director
2017-11-08
➖
ALLEN, Kenneth resigned
director
2015-12-04
➕
BRUCE, Middleton appointed
director
2013-11-15
➕
CRICHTON, William Barry appointed
director
2013-11-15
➕
GORDON, Donald James Stewart appointed
director

Showing most recent 50 of 68 events

Owner dependency

65/100

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.
+Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 85 — succession pressure is live.

Succession & seller-readiness

73/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 85 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 17 years.
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.)

Similar companies

Active · Other · KA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
EMERGENCY ONE LIMITED→ SC120320 · est 1989	—	—	—	—	36y	83	58y
DUNURE HARBOUR COMMITTEE ASSOCIATION LIMITED→ SC359603 · est 2009	—	—	—	—	17y	81	74y
EAST AYRSHIRE ADVOCACY SERVICES LIMITED→ SC218532 · est 2001 · no financials extracted	—	—	—	—	25y	81	71y
LOANS COMMUNITY CENTRE LTD→ SC380170 · est 2010 · no financials extracted	—	—	—	—	15y	81	85y
LOW GREEN & AYR SEAFRONT TRUST LIMITED→ SC213108 · est 2000	—	—	£29.8k	—	25y	81	82y
THE ARRAN TRUST→ SC392051 · est 2011	—	—	£18.1k	—	15y	81	74y
THE AYR ARK→ SC235453 · est 2002 · no financials extracted	—	—	—	—	23y	81	81y
THE EMMANUEL CHRISTIAN CENTRE→ SC312361 · est 2006	—	—	£39.9k	—	19y	81	81y
THE SCOTTISH FIDDLE ORCHESTRA→ SC310900 · est 2006 · no financials extracted	—	—	—	—	19y	81	71y
THE SGIAN DUBH COMPANY LIMITED→ SC214282 · est 2000	—	—	—	—	25y	81	70y
TLC GEL-TRON INTERNATIONAL CORPORATION→ SF000719 · est 1983 · no financials extracted	—	—	—	—	43y	—	—
TRANS FORWARDING LP→ SL018883 · est 2014 · no financials extracted	—	—	—	—	11y	—	—

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

Incorporated2006-05-09

Jurisdictionscotland

Primary SIC94990 — Activities of other membership organisations n.e.c.

Registered office

Bank Chambers

31 The Square

Cumnock

KA18 1AT

Scotland

Filing status

Accounts

Next due: 2027-04-30

Last made up to: 2025-07-31

Confirmation statement

Next due: 2027-01-10

Last: 2025-12-27