MORMOND THISTLE FOOTBALL CLUB

🌳Matureactive

SC337709 · private-limited-guarant-nsc-limited-exemption · incorporated 2008-02-12

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 Oct 2025

Net worth

£32.5k

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: Other sports activities

Sector: Arts, entertainment & recreation

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. 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

19 officers (6 active, 19 linked, 14 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

80 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £32,548

Net assets shrinking

Down £12,948 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£33k

↓ 28% YoY

Current Assets

£13k

↓ 33% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-10-31	2024-10-31
Total assets	£32.5k	£45.5k
Current assets	£12.5k	£18.8k
Net assets	£32.5k	£45.5k

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (49 events)Click to expand

2025-12-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-10-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-10-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-09-26
➖
CALLAGHAN, William Edward resigned
director
2025-09-26
➖
CASSIE, William George resigned
director
2025-09-26
➖
URQUHART, Kenneth William resigned
director
2024-12-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-05
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-03-29
➖
ANGUS, Peter resigned
director
2019-03-29
➖
STOTT, Gary Cameron resigned
director
2019-03-29
➖
THOMSON, Gordon resigned
director
2019-03-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-03-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-03-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-12-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-06-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2017-06-13
➕
LYONS, Faye Marie appointed
director
2017-06-13
➕
SMITH, Brent appointed
director
2015-10-30
➕
MURISON, John Alexander Richard appointed
director
2015-10-30
➖
RICHARDSON, Derek Leslie resigned
director
2015-10-30
➖
SIMPSON, John Alexander resigned
director
2011-02-09
➕
COUTTS, Michael James appointed
secretary
2011-02-08
➖
MCMULLAN, Kris resigned
secretary
2011-02-08
➖
MCMULLAN, Kris resigned
director
2008-02-12
🏢
Company incorporated
As MORMOND THISTLE FOOTBALL CLUB
2008-02-12
➕
COUTTS, Michael James appointed
director
2008-02-12
➕
CRAIB, Stuart appointed
director
2008-02-12
➕
MCMULLAN, Kris appointed
secretary
2008-02-12
➕
BRIAN REID LTD. appointed
corporate-secretary
2008-02-12
➖
BRIAN REID LTD. resigned
corporate-secretary
2008-02-12
➕
ANGUS, Peter appointed
director
2008-02-12
➕
CALLAGHAN, William Edward appointed
director
2008-02-12
➕
CASSIE, William George appointed
director
2008-02-12
➕
MCMULLAN, Kris appointed
director
2008-02-12
➕
RICHARDSON, Derek Leslie appointed
director
2008-02-12
➕
SIMPSON, John Alexander appointed
director
2008-02-12
➕
STOTT, Gary Cameron appointed
director
2008-02-12
➕
THOMSON, Gordon appointed
director
2008-02-12
➕
URQUHART, Kenneth William appointed
director
2008-02-12
➕
BRIAN REID LTD. appointed
corporate-director
2008-02-12
➖
BRIAN REID LTD. resigned
corporate-director
2008-02-12
➕
STEPHEN MABBOTT LTD. appointed
corporate-director
2008-02-12
➖
STEPHEN MABBOTT LTD. resigned
corporate-director

Owner dependency

58/100

Moderate — manageable with handover

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

63/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
secondary12+ year tenure: Director in role 18 years.
secondaryStable-but-static management: Company is 18 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 med ·

3 director resignations in last 12 months

medium

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

Evidence: CALLAGHAN, William Edward resigned 2025-09-26; CASSIE, William George resigned 2025-09-26; URQUHART, Kenneth William resigned 2025-09-26

Similar companies

Active · Leisure & entertainment · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
JOHN CODONA'S PLEASURE FAIRS LIMITED→ SC022655 · est 1944	£172.2k £133.9k–£210.4k	£7.30M	—	20400	82y	87	80y
BANKS O'DEE SPORTS CLUB LIMITED→ SC175110 · est 1997 · no financials extracted	—	—	—	—	28y	83	79y
CLATT AULD KIRK→ SC161856 · est 1995 · no financials extracted	—	—	—	—	30y	83	71y
DEESIDE GLIDING CLUB (ABERDEENSHIRE) LIMITED→ SC034867 · est 1960	—	—	£755.2k	—	66y	83	77y
GLENSHEE LIMITED→ SC269348 · est 2004	—	—	£625.3k	—	21y	83	71y
SAR FUNCTIONAL FITNESS LIMITED→ SC840707 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
SIP N PAINT KULTURE LTD→ SC821921 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
SKINNY PINK HIPPO LIMITED→ SC802223 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
STADIUM ABERDEEN LIMITED→ SC299691 · est 2006 · no financials extracted	—	—	—	—	20y	—	—
TARTAN COMPETITIONS LTD→ SC692933 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
TRIPLE D PROMOTIONS LTD→ SC835435 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
V&R FITNESS LTD→ SC866658 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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 →

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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-limited-exemption

Incorporated2008-02-12

Jurisdictionscotland

Primary SIC93199 — Other sports activities

Registered office

17 West Street

Strichen

Fraserburgh

Aberdeenshire

AB43 6TT

Filing status

Accounts

Next due: 2027-07-31

Last made up to: 2025-10-31

Confirmation statement

Next due: 2026-12-10

Last: 2025-11-26