DORNOCH AND DISTRICT COMMUNITY ASSOCIATION

🌳Matureactive

SC375856 · private-limited-guarant-nsc-limited-exemption · incorporated 2010-03-29

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 4.2y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£346.7k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Operation of historical sites and buildings and similar visitor attractions

Sector: Arts, entertainment & recreation

ALSO REGISTERED FOR

93290Other amusement and recreation activities n.e.c.

Investor take

Pursue

Active trading company with a 84-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 84). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 4.2y

55/100

clean up first

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

· Charge age ~4.2 years — mid-life; refi window approaching.
· Single lender — cleanest path to refinance.
· Legal-friction score 28/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (65/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 2 SIC codes, incorporation date

100

Financials

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

40 officers (10 active, 40 linked, 37 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

3 connected companies via shared directors

Filing history

102 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

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

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £346,679

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

£347k

Current Assets

£87k

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31
Total assets	£346.7k
Current assets	£86.6k
Net assets	£346.7k

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

• 1 confirmation-statement
• 1 officers

Last 90 days

filings

• 1 confirmation-statement
• 1 officers

Last 180 days

filings

• 1 confirmation-statement
• 1 officers
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (90 events)Click to expand

2026-04-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-12-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-11
➖
HORACK, Jerry R resigned
director
2024-12-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-03-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-10-03
➖
BROADHEAD, Ruth resigned
director
2023-10-03
➖
DIXON, Gareth George Irwin resigned
director
2023-10-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-09-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-11-14
➕
GRIST, Michael George appointed
director
2022-11-14
➕
MOIR, Lucy appointed
director
2022-10-10
➕
GOSKIRK, Bridget Ann appointed
director
2022-10-10
➕
BROADHEAD, Ruth appointed
director
2022-10-10
➖
MACKAY, Carol resigned
director
2022-10-10
➖
MACKENZIE, Victoria Jane resigned
director
2022-09-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-05
➕
ROWLAND, Jaen Denise appointed
director
2022-04-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-02-22
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-02-10
🔒
Charge registered #1
Lender: The Highland Council
2021-12-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-04-30
➖
MACDOUGALL, Shona Isobel Cree resigned
director
2020-09-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-13
➕
HORACK, Jerry R appointed
director
2020-04-13
➕
MACDOUGALL, Shona Isobel Cree appointed
director
2019-09-09
➖
GIBSON, David resigned
director
2019-05-23
➕
DIXON, Gareth George Irwin appointed
director
2017-09-11
➕
MCGILLIVRAY, Jim appointed
director
2017-09-11
➖
BARNES, Diana Jill resigned
director
2017-04-10
➖
HERCHER, Dyanne Margaret resigned
director
2017-01-09
➖
SUTHERLAND, Judith Marion resigned
director
2017-01-09
➖
SUTHERLAND, William Murray resigned
director
2016-07-12
➕
TEWNION, Kim Mackay appointed
secretary
2016-07-12
➕
GOSKIRK, Donald Kenneth appointed
director
2016-07-12
➖
GIBSON, David resigned
secretary
2016-07-12
➕
HERCHER, Dyanne Margaret appointed
director
2016-07-12
➖
IRVING, Louise resigned
director
2016-02-01
➖
CONNER, Lesley resigned
director
2016-01-21
➖
ROBINSON, Terrence William, Managing Director resigned
director
2015-11-17
➖
JACK, Rachel resigned
director
2015-10-02
➖
BISHOP, Jerry Richard John resigned
director
2015-07-19
➖
KRUGER, Aimee Margaret resigned
director
2015-07-19
➖
MCAULEY, Mark Brendan resigned
director

Showing most recent 50 of 90 events

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-9 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 84 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

83/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 15 years.
secondaryStable-but-static management: Company is 16 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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

🔒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

Active · Leisure & entertainment · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
HIGHLAND GLIDING CLUB LIMITED→ SC155807 · est 1995	—	—	£218.2k	—	31y	83	71y
MONIACK MHOR LIMITED→ SC131468 · est 1991 · no financials extracted	—	—	—	—	35y	83	73y
THE MORAY SOCIETY→ SC106529 · est 1987	—	—	—	300	38y	83	80y
THE TARBAT COMMUNITY HALL GROUP→ SC249708 · est 2003	—	—	£142.0k	—	22y	83	75y
ELGIN KART RACEWAY & ACTIVITY CENTRE LIMITED→ SC337383 · est 2008	—	—	£3.5k	—	18y	82	74y
ON HIGH HILLS LTD→ SC661851 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
PRODUCTION & TOURING SOLUTIONS LTD→ SC879794 · est 2026 · no financials extracted	—	—	—	—	—	—	—
RIVERHEAD TRADING LTD→ SC880518 · est 2026 · no financials extracted	—	—	—	—	—	—	—
SKYEFARI LTD→ SC669526 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
TOE 2 TOE DANCE LIMITED→ SC822558 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
TOE 2 TOE ENTERTAINMENT LTD→ SC804104 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
TOURING SCOTLAND MATTERS LTD→ SC727137 · est 2022 · no financials extracted	—	—	—	—	4y	—	—

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.

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Company details

Statusactive

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated2010-03-29

Jurisdictionscotland

Primary SIC91030 — Operation of historical sites and buildings and similar visitor attractions

Registered office

Dornoch Social Club, School Hill, Dornoch

School Hill

Dornoch

IV25 3PF

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-07

Last: 2026-03-24