THERA (SCOTLAND)

🌳Matureactive

SC322014 · private-limited-guarant-nsc-limited-exemption · incorporated 2007-04-24

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.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 14.0y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: Other social work activities without accommodation n.e.c.

Sector: Human health & social work

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 14.0y

50/100

clean up first

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

· Oldest live charge is 14.0 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 28/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (55/100)

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

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

32 officers (9 active, 32 linked, 29 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

119 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

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

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

• 2 officers
• 1 confirmation-statement

Last 90 days

filings

• 2 officers
• 1 confirmation-statement

Last 180 days

filings

• 2 officers
• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (80 events)Click to expand

2026-05-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-05-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-04-28
➖
RICHARDS, Ian Paul resigned
director
2026-04-28
➖
ROWLEY, Denis resigned
director
2026-01-06
📄
accounts-with-accounts-type-small
accounts · AA
2025-07-10
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-07
🔒
Charge registered #2
Lender: Time Invoice Finance Limited
2025-05-22
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-05-20
➕
SMITH, Cameron Mcdonald appointed
director
2025-05-20
➖
ARMSTRONG, Morag Elizabeth Margaret resigned
director
2025-05-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-02-05
📄
accounts-with-accounts-type-small
accounts · AA
2025-01-07
📄
change-person-director-company-with-change-date
officers · CH01
2024-12-17
➕
ALEXANDRATOU, Myrto appointed
director
2024-12-17
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-12-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-11-30
➖
FEEHAN, John resigned
director
2024-05-22
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-05-21
➖
MORRIS, Sarah Jessica resigned
director
2024-04-19
➕
KILLICK, Rachel Louise appointed
director
2024-04-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-14
📍
change-sail-address-company-with-old-address-new-address
address · AD02
2024-02-14
📍
change-sail-address-company-with-new-address
address · AD02
2024-01-26
➕
FOUIN, Francesca Anne Louise appointed
director
2024-01-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-01-10
➕
TUNSTALL, Glenn James appointed
director
2024-01-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-10
📄
accounts-with-accounts-type-small
accounts · AA
2023-12-31
➕
WINN, Katie appointed
director
2023-12-30
➖
CONWAY, Simon Laurence resigned
director
2023-10-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-10-18
➖
STEVENSON, John Gordon resigned
director
2023-10-02
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2023-09-29
➕
PILKINGTON, Martin appointed
secretary
2023-06-30
➖
THOMPSON, Tarnya resigned
secretary
2023-06-30
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2021-05-12
➖
JACKSON, Anne Catherine Carruthers resigned
director
2020-10-23
➖
DRURY, Fiona Lynn resigned
director
2020-08-07
➕
RICHARDS, Ian Paul appointed
director
2020-05-04
➕
ALLAN, Thomas Jordan appointed
director
2020-04-21
➕
STEVENSON, John Gordon appointed
director
2020-03-02
➕
ROWLEY, Denis appointed
director
2019-11-01
➖
ROBERTSON, Brian resigned
director
2019-09-02
➕
LANGFORD-COMMINS, Suzanne Elizabeth appointed
director
2019-09-02
➖
CONWAY, Simon Laurence resigned
secretary
2019-09-02
➕
THOMPSON, Tarnya appointed
secretary
2019-03-31
➖
PEARCE-MADGE, Simon resigned
director
2018-11-19
➕
MORRIS, Sarah Jessica appointed
director

Showing most recent 50 of 80 events

Owner dependency

48/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-8 active directors: Broader management team in place — suggests transferable governance.
+Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

40/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.

Red flags

1 med ·

3 director resignations in last 12 months

medium

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

Evidence: ARMSTRONG, Morag Elizabeth Margaret resigned 2025-05-20; RICHARDS, Ian Paul resigned 2026-04-28; ROWLEY, Denis resigned 2026-04-28

Group structure

Thera Trust holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️

Thera Trust

Corporate parent · board control

⬇

THERA (SCOTLAND)

This company · SC322014

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
Thera Trust Corporate entity	—	25–50%	board control25-50% voting · board control	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Healthcare & medical · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
SUMMIT HEALTHCARE (WISHAW) LIMITED→ SC182649 · est 1998	£14.49M £10.43M–£18.54M	—	—	0	28y	84	60y
AYRSHIRE HOSPITALS LIMITED→ SC248921 · est 2003	£4.40M £3.17M–£5.63M	—	—	0	23y	84	64y
STONEHOUSE HOSPITALS LIMITED→ SC251033 · est 2003	£706.3k £508.5k–£904.0k	—	—	0	22y	92	64y
RENAISSANCE CARE (UK) LTD→ SC379961 · est 2010	£389.9k £280.7k–£499.1k	—	—	400	15y	84	69y
GLOBAL NETWORK OF SEX WORK PROJECTS LIMITED→ SC349355 · est 2008	£93.1k £67.0k–£119.1k	—	—	4	17y	83	59y
PRESTIGE NURSING (SCOTLAND) LIMITED→ SC143810 · est 1993	—	—	—	28800	33y	84	63y
ANSWER PROJECT→ SC212773 · est 2000 · no financials extracted	—	—	—	—	25y	83	79y
CRANSTON NURSERIES LIMITED→ SC253519 · est 2003	—	—	£360.3k	—	22y	83	76y
EDINBURGH SPORTS INJURY CLINIC LIMITED→ SC245755 · est 2003	—	—	£97.9k	—	23y	83	61y
ELDER HOMES LIMITED→ SC154896 · est 1994 · no financials extracted	—	—	—	—	31y	83	80y
FLORABANK HOME LIMITED→ SC170166 · est 1996 · no financials extracted	—	—	—	—	29y	83	81y
WITHIN EVE LTD→ SC769694 · est 2023 · no financials extracted	—	—	—	—	2y	—	—

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.

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Available from the Pro tier upwards.

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Company details

Statusactive

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated2007-04-24

Jurisdictionscotland

Primary SIC88990 — Other social work activities without accommodation n.e.c.

Registered office

Melrose House, 69a George Street

Edinburgh

EH2 2JG

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-05-08

Last: 2026-04-24