EASTSIDE DISCOUNT CENTRE LIMITED

🌳Matureactive
SC325424 · ltd · incorporated 2007-06-13
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 18.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£3.01M
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Other retail sale in non-specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 74/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 9 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

10 live charges · oldest 18.6y

65/100
clean up first

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

  • · Oldest live charge is 18.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 5 with DOB)
84
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
65
Some acquirability indicators.
Risk profile
82
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 £3,011,950
Cash YoY
+29%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£805k
↑ 29% YoY
Net Worth
£3.0m
↑ 18% YoY
Current Assets
£2.0m
↑ 17% YoY
Current Liabilities
—
£0£602k£1.2m£1.8m£2.4m£3.0mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£3.41M£3.09M
Current assets£1.99M£1.70M
Cash£804.9k£624.8k
Debtors£426.1k£367.2k
Net assets£3.01M£2.56M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2025-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-11-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-03-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2020-03-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2019-09-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2019-09-12
    🔒
    Charge registered #10
    Lender: The Royal Bank of Scotland PLC
  11. 2019-08-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-09-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-07-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-06-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-08-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-06-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2013-08-30
    ➕
    CHEYNE, Lorraine appointed
    director
  19. 2013-08-30
    ➖
    MD SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  20. 2013-08-30
    ➖
    MARTIN, Euan Cameron resigned
    director
  21. 2013-08-30
    ➖
    RUPARELIA, Vinaykant resigned
    director
  22. 2010-04-02
    ➖
    JOHNSTON, Roy Anderson resigned
    director
  23. 2007-12-06
    🔒
    Charge registered #9
    Lender: The Royal Bank of Scotland PLC
  24. 2007-12-06
    🔒
    Charge registered #8
    Lender: The Royal Bank of Scotland PLC
  25. 2007-12-06
    🔒
    Charge registered #7
    Lender: The Royal Bank of Scotland PLC
  26. 2007-12-06
    🔒
    Charge registered #6
    Lender: The Royal Bank of Scotland PLC
  27. 2007-12-06
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
  28. 2007-12-06
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  29. 2007-12-06
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  30. 2007-12-06
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  31. 2007-09-22
    ➕
    MARTIN, Euan Cameron appointed
    director
  32. 2007-09-22
    ➕
    RUPARELIA, Vinaykant appointed
    director
  33. 2007-09-22
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  34. 2007-06-20
    ➕
    CHEYNE, Desmond Victor James appointed
    director
  35. 2007-06-20
    ➕
    JOHNSTON, Roy Anderson appointed
    director
  36. 2007-06-20
    ➖
    MD DIRECTORS LIMITED resigned
    corporate-nominee-director
  37. 2007-06-13
    🏢
    Company incorporated
    As EASTSIDE DISCOUNT CENTRE LIMITED
  38. 2007-06-13
    ➕
    MD SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  39. 2007-06-13
    ➕
    MD DIRECTORS LIMITED appointed
    corporate-nominee-director

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

59/100
Strong succession signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 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

1 low
10 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Desmond Victor James Cheyne
Individual · British · DOB 01/1974 · age 52
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Lorraine Cheyne
Individual · British · DOB 09/1972 · age 54
25–50%
25–50%25-50% shares · 25-50% 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 →

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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
Incorporated2007-06-13
Jurisdictionscotland
Primary SIC47190 — Other retail sale in non-specialised stores

Registered office

1 East Craibstone Street
Aberdeen
AB11 6YQ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-27
Last: 2025-06-13

Officers (2 active · 5 resigned)

CHEYNE, Desmond Victor James→
director · ~52y · appointed 2007-06-20
View their other companies + combined net worth →
Active
CHEYNE, Lorraine→
director · ~54y · appointed 2013-08-30
View their other companies + combined net worth →
Active
MD SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2007-06-13 · resigned 2013-08-30
Resigned
JOHNSTON, Roy Anderson→
director · ~62y · appointed 2007-06-20 · resigned 2010-04-02
Resigned
MARTIN, Euan Cameron→
director · ~66y · appointed 2007-09-22 · resigned 2013-08-30
Resigned
RUPARELIA, Vinaykant→
director · ~77y · appointed 2007-09-22 · resigned 2013-08-30
Resigned
MD DIRECTORS LIMITED→
corporate-nominee-director · appointed 2007-06-13 · resigned 2007-06-20
Resigned

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

Mortgages & charges

10
Total charges
10
Outstanding
1
Active lenders
Status:Lender:10 of 10 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property12/09/2019—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property06/12/2007—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property06/12/2007—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property06/12/2007—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property06/12/2007—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property06/12/2007—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property06/12/2007—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property06/12/2007—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property06/12/2007—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property22/09/2007—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (73 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-03-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-03-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-09-18