MACS ADVENTURE LIMITED
🌳Matureactive
SC356084 · ltd · incorporated 2009-03-05
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 13.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
—
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: Tour operator activities
Sector: Administrative & support services
Investor take
PursueStrong opportunity: active trading company with exceptional profile and bankable structure.
Opportunity 83/100 (exceptional), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · oldest 13.8y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 13.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 23/100 — clean.
- · Not currently profitable — coverage conversation is a harder sell.
Data confidence
Overall: medium (79/100)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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 6 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
77 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Loss-making
Loss before tax £129,730
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Profit before tax | £-129.7k | £-1.95M |
| Average employees | 10200 | 9200 |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
- 2025-08-13📄accounts-with-accounts-type-fullaccounts · AA
- 2025-03-28➖BLAKE, Nicholas resignedsecretary
- 2025-03-28📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-11-04📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-11-01📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-10📄accounts-with-accounts-type-fullaccounts · AA
- 2024-05-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-26➖HORNER, Graham Alton resigneddirector
- 2024-04-26➖TUFFEE, Ross William resigneddirector
- 2024-04-25🔒Charge registered #2Lender: Barclays Bank PLC
- 2024-02-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-01-30📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-01-29➕BLAKE, Nicholas appointedsecretary
- 2024-01-29➖LAPPING, Alison resignedsecretary
- 2024-01-29📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-01-29📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-07-25📄accounts-with-accounts-type-fullaccounts · AA
- 2023-01-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-09-02📄accounts-with-accounts-type-groupaccounts · AA
- 2022-07-05📄undefined · ANNOTATION
- 2022-07-05📄second-filing-of-director-appointment-with-nameofficers · RP04AP01
- 2022-07-01➕CARTER, Paul Andrew appointeddirector
- 2022-07-01➕HORNER, Graham Alton appointeddirector
- 2022-07-01➕TUFFEE, Ross William appointeddirector
- 2022-07-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-07-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-07-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-06-20➕GALBRAITH, Simon David appointeddirector
- 2022-06-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2012-07-18🔒Charge registered #1Lender: Barclays Bank PLC
- 2009-03-05🏢Company incorporatedAs MACS ADVENTURE LIMITED
- 2009-03-05➕LAPPING, Neil James appointeddirector
- 2009-03-05➕LAPPING, Alison appointedsecretary
- 2009-03-05➕COSEC LIMITED appointedcorporate-secretary
- 2009-03-05➖COSEC LIMITED resignedcorporate-secretary
- 2009-03-05➕MCMEEKIN, James Stuart appointeddirector
- 2009-03-05➖MCMEEKIN, James Stuart resigneddirector
- 2009-03-05➕COSEC LIMITED appointedcorporate-director
- 2009-03-05➖COSEC LIMITED resignedcorporate-director
Owner dependency
68/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
63/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 17 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
The Independent Adventure Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
The Independent Adventure Group Limited
Corporate parent · holds 75-100% shares · board control
⬇
MACS ADVENTURE LIMITED
This company · SC356084
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
The Independent Adventure Group Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 21/05/2021 |
1 historic (ceased) PSC
- Mr Neil James Lappingceased 21/05/2021· 50-75% voting · board control
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
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|---|---|---|---|---|---|---|---|
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| STROLLEX LIMITED→ SC444023 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
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| SYFA LIMITED→ SC196565 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| THE ANTONINE SPORTS CENTRE→ SC144453 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| THE CROW WOOD GOLF CLUB LIMITED→ SC013401 · est 1924 · no financials extracted | — | — | — | — | 101y | — | — |
| THE HOUSE ARTS COLLECTIVE C.I.C.→ SC777306 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| THE KALI COLLECTIVE INTERNATIONAL LTD→ SC533347 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2009-03-05
Jurisdictionscotland
Primary SIC79120 — Tour operator activities
Registered office
4c, 4th Floor Skypark 5,
45 Finnieston Street
Glasgow
G3 8JU
Scotland
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-03-19
Last: 2026-03-05
Officers (3 active · 7 resigned)
CARTER, Paul Andrew→
Activedirector · ~61y · appointed 2022-07-01
View their other companies + combined net worth →
GALBRAITH, Simon David→
Activedirector · ~54y · appointed 2022-06-20
View their other companies + combined net worth →
LAPPING, Neil James→
Activedirector · ~51y · appointed 2009-03-05
View their other companies + combined net worth →
BLAKE, Nicholas→
Resignedsecretary · appointed 2024-01-29 · resigned 2025-03-28
LAPPING, Alison→
Resignedsecretary · appointed 2009-03-05 · resigned 2024-01-29
COSEC LIMITED→
Resignedcorporate-secretary · appointed 2009-03-05 · resigned 2009-03-05
HORNER, Graham Alton→
Resigneddirector · ~49y · appointed 2022-07-01 · resigned 2024-04-26
MCMEEKIN, James Stuart→
Resigneddirector · ~59y · appointed 2009-03-05 · resigned 2009-03-05
TUFFEE, Ross William→
Resigneddirector · ~59y · appointed 2022-07-01 · resigned 2024-04-26
COSEC LIMITED→
Resignedcorporate-director · appointed 2009-03-05 · resigned 2009-03-05
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 25/04/2024 | — | |
| outstanding | Barclays Barclays Bank PLC | Floating charge | 1 property | 18/07/2012 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (77 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-25
accounts-with-accounts-type-full
accounts · AA
2025-08-13
termination-secretary-company-with-name-termination-date
officers · TM02
2025-03-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-18
change-person-secretary-company-with-change-date
officers · CH03
2024-11-04
change-person-director-company-with-change-date
officers · CH01
2024-11-01
accounts-with-accounts-type-full
accounts · AA
2024-07-10
termination-director-company-with-name-termination-date
officers · TM01
2024-05-01
termination-director-company-with-name-termination-date
officers · TM01
2024-05-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-29
change-person-secretary-company-with-change-date
officers · CH03
2024-01-30
appoint-person-secretary-company-with-name-date
officers · AP03
2024-01-29
termination-secretary-company-with-name-termination-date
officers · TM02
2024-01-29