L A BOWL (SCOTLAND) LTD.

🌳Matureactive

SC392300 · ltd · incorporated 2011-01-27

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 15.0y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to May 2025

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Other amusement and recreation activities n.e.c.

Sector: Arts, entertainment & recreation

Investor take

Pursue

Active trading company with a 82-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 82). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 15.0y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 15.0 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (72/100)

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

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

Directors & officers

12 officers (8 active, 12 linked, 10 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

2 connected companies via shared directors

Filing history

54 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.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	2025-05-31	2024-05-31

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

🔒Filing-note intelligence

1 signal 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

filings

Last 90 days

filings

• 1 accounts
• 1 confirmation-statement

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (36 events)Click to expand

2026-02-24
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-02-26
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-02-28
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-02-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-04
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-04-04
🔓
Charge satisfied #1
2022-02-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-06
📄
change-person-director-company-with-change-date
officers · CH01
2021-05-06
📄
change-person-director-company-with-change-date
officers · CH01
2020-02-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-06-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-06-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-05-30
➕
CLAXTON, Richard Ian appointed
director
2019-05-30
➕
MCILWRAITH, Carolyn Ann appointed
director
2019-05-30
➕
MCILWRAITH, Ian appointed
director
2019-02-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-02-11
➕
MCILWRAITH, Andrew appointed
director
2018-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-02-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-02-04
➖
MCILWRAITH, Ian resigned
director
2011-06-07
🔒
Charge registered #2
Lender: National Westminster Bank PLC
2011-05-15
🔒
Charge registered #1
Lender: National Westminster Bank PLC
2011-01-27
🏢
Company incorporated
As L A BOWL (SCOTLAND) LTD.
2011-01-27
➕
MCILWRAITH, Constance Rose appointed
secretary
2011-01-27
➕
CLAXTON, Julia Ann appointed
director
2011-01-27
➕
CLAXTON, Roy Michael appointed
director
2011-01-27
➕
MCILWRAITH, Constance Rose appointed
director
2011-01-27
➕
TRAINER, Peter appointed
secretary
2011-01-27
➖
TRAINER, Peter resigned
secretary
2011-01-27
➕
MCILWRAITH, Ian appointed
director
2011-01-27
➕
MCINTOSH, Susan appointed
director
2011-01-27
➖
MCINTOSH, Susan resigned
director
2011-01-27
➕
TRAINER, Peter appointed
director
2011-01-27
➖
TRAINER, Peter resigned
director

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

-7 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 82 — 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 82 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 15 years.
secondaryStable-but-static management: Company is 15 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 · KA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
IBT TRAVEL LIMITED→ SC299214 · est 2006	£4.59M £3.57M–£5.61M	£12.93M	—	2400	20y	93	58y
ARDROSSAN WINTON ROVERS FOOTBALL CLUB LIMITED→ SC139602 · est 1992 · no financials extracted	—	—	—	—	33y	83	74y
LENDALFOOT COMMUNITY ASSOCIATION LIMITED→ SC289259 · est 2005 · no financials extracted	—	—	—	—	20y	83	85y
M & M THEATRICAL PRODUCTIONS LTD→ SC235693 · est 2002	—	—	—	—	23y	83	62y
THE STEAMSHIP SIR WALTER SCOTT TRUST→ SC271149 · est 2004 · no financials extracted	—	—	—	—	21y	83	94y
WICKED COSTUMES LIMITED→ SC347295 · est 2008	—	—	£1.61M	—	17y	83	62y
BEITH COMMUNITY DEVELOPMENT TRUST→ SC394148 · est 2011	—	—	£1.89M	—	15y	82	74y
CLYDE MARINA LIMITED→ SC155326 · est 1995	—	—	£1.09M	—	31y	82	82y
DION PROPERTY LIMITED→ SC338844 · est 2008	—	—	—	3900	18y	82	82y
STUART HOGG LTD→ SC724705 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
THE KILMARNOCK FOOTBALL CLUB LIMITED→ SC006219 · est 1906 · no financials extracted	—	—	—	—	119y	—	—
TOCOPA LIMITED→ SC490942 · est 2014 · no financials extracted	—	—	—	—	11y	—	—

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

Incorporated2011-01-27

Jurisdictionscotland

Primary SIC93290 — Other amusement and recreation activities n.e.c.

Registered office

17 Miller Road

Ayr

Ayrshire

KA7 2AX

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2027-02-10

Last: 2026-01-27