BIGGAR MUSEUM TRUST

🌳Matureactive

SC398044 · private-limited-guarant-nsc-limited-exemption · incorporated 2011-04-19

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.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 12.2y old — refinance window within 12 months

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£2.14M

book net assets

Opportunity

83/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Museum activities

Sector: Arts, entertainment & recreation

Investor take

Pursue

Asset-holding vehicle with a 77-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 77/100. Strong seller-intent signal (65/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 12.2y

50/100

clean up first

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

· Oldest live charge is 12.2 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 38/100 — 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

Lenders & charges

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

Directors & officers

26 officers (9 active, 26 linked, 25 with DOB)

Ownership & PSC

7 active PSC(s) of 19 total, 19 with control declared

Director network

1 connected companies via shared directors

Filing history

104 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 · FRS 102

Positive net assets

Net assets £2,141,579

Net assets shrinking

Down £43,839 YoY

Cash YoY

-10%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£97k

↓ 9.5% YoY

Net Worth

£2.1m

↓ 2.0% YoY

Current Assets

£104k

↓ 8.6% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31	2023-12-31
Total assets	£2.14M	£2.19M
Current assets	£104.3k	£114.1k
Cash	£97.2k	£107.4k
Debtors	£1.2k	£2.4k
Net assets	£2.14M	£2.19M

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

🔒Filing-note intelligence

3 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

filings

Last 90 days

filings

• 2 officers
• 1 confirmation-statement
• 1 persons-with-significant-control

Last 180 days

filings

• 2 officers
• 2 persons-with-significant-control
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (69 events)Click to expand

2026-05-07
📄
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2026-04-16
➖
GORDON, Catherine resigned
director
2026-04-16
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-04-16
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-12
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-09-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-08
➕
BAXTER, Patrick Ian appointed
director
2025-06-18
📄
change-person-director-company-with-change-date
officers · CH01
2025-04-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-03-16
➖
PORTEOUS, Gordon Mckenzie resigned
director
2024-09-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-11
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-09-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-12-07
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-12-04
➖
SEAWRIGHT, Anne resigned
director
2023-10-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-25
➕
GORDON, Catherine appointed
director
2023-09-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-09-18
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-06-19
➖
DAWNAY, Charles James Payan resigned
director
2023-04-20
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-04-20
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-04-20
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-04-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-04-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-03-27
➖
HUNTER, Michael William resigned
director
2023-03-27
➖
IRWIN, June resigned
director
2022-10-08
➖
GALBRAITH, Archibald Robert Main resigned
director
2022-09-19
➕
GOODFELLOW, Guy appointed
director
2022-09-19
➕
GORDON, Lindsay Alice appointed
director
2022-02-22
➖
RUSSELL, William Ross resigned
director
2021-09-20
➕
MARSHALL, Peter appointed
director
2021-05-15
➖
CARLYLE, John Eric resigned
director
2020-12-14
➕
LAVERY, Denis Francis appointed
director
2019-10-12
🔓
Charge satisfied #2
2019-10-12
🔓
Charge satisfied #1
2019-08-29
➖
RIGG, Suzanne, Dr resigned
director
2018-12-17
➖
LEITCH, Robert Gourlay, Dr resigned
director
2018-07-09
➕
IRWIN, June appointed
director
2017-12-11
➕
BRADLEY, Sharon Chalmers appointed
director
2017-09-11
➕
PORTEOUS, Gordon Mckenzie appointed
director
2017-09-11
➕
SEAWRIGHT, Anne appointed
director
2017-08-30
➖
ARMOUR, Campbell Grant resigned
director
2017-04-13
➕
RIDDELL, Irene Odette appointed
director
2017-04-10
➖
MATHESON, Ann Margaret Reid resigned
director
2017-04-05
➖
MCCOSH, Christian Margaret resigned
director
2016-12-12
➖
BERTHELSEN, Emil resigned
director
2016-09-05
➖
O'NEILL, Caragh resigned
director

Showing most recent 50 of 69 events

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-8 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 77 — succession pressure is live.

Succession & seller-readiness

73/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 15 years.
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.)

Shareholders & ownership

7 active beneficial owners · fragmented

Name	Shares	Voting rights	Nature of control	Notified
Guy Goodfellow Individual · British · DOB 06/1966 · age 60	—	—	sig. influencesignificant influence	19/09/2022
Lindsay Alice Gordon Individual · British · DOB 06/1975 · age 51	—	—	sig. influencesignificant influence	19/09/2022
Mr Peter Marshall Individual · British · DOB 04/1987 · age 39	—	—	sig. influencesignificant influence	20/09/2021
Mr Denis Francis Lavery Individual · British · DOB 12/1958 · age 68	—	—	sig. influencesignificant influence	14/12/2020
Sharon Chalmers Bradley Individual · British · DOB 12/1956 · age 70	—	—	sig. influencesignificant influence	11/12/2017
Irene Odette Riddell Individual · British · DOB 01/1959 · age 67	—	—	sig. influencesignificant influence	13/04/2017
Charles Letham Rigg Individual · British · DOB 06/1949 · age 77	—	—	sig. influencesignificant influence	06/04/2016

12 historic (ceased) PSCs

Catherine Gordonceased 16/04/2026· significant influence
June Irwinceased 27/03/2023· significant influence
Gordon Mckenzie Porteousceased 12/02/2026· significant influence
Anne Seawrightceased 04/12/2023· significant influence
Mr Charles James Payan Dawnayceased 19/06/2023· significant influence
Michael William Hunterceased 27/03/2023· significant influence
Archibald Robert Main Galbraithceased 08/10/2022· significant influence
Mr Ross Russellceased 22/02/2022· significant influence
Mr John Eric Carlyleceased 15/05/2021· significant influence
Dr Suzanne Riggceased 29/08/2019· significant influence
Dr Robert Gourlay Leitchceased 17/12/2018· significant influence
Mr Campbell Grant Armourceased 30/08/2017· significant influence

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

Active · Leisure & entertainment · ML postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
THE BIGGAR ALBION FOUNDATION LIMITED→ SC214838 · est 2001	—	—	£462.7k	—	25y	83	70y
CHAMPIONS LEAGUE FOOTBALL LIMITED→ SC167752 · est 1996	—	—	£234.5k	—	29y	82	71y
ON SITE AUDIO VISUAL SERVICES LIMITED→ SC269886 · est 2004	—	—	£346.2k	—	21y	82	67y
PHOTOFLASH TRAVEL LTD.→ SC386666 · est 2010	—	—	£431.8k	—	15y	82	63y
R. & F. WILMOT LTD.→ SC262419 · est 2004	—	—	—	700	22y	82	60y
BIGGAR & DISTRICT COMMUNITY HERITAGE LIMITED→ SC281826 · est 2005	—	—	£12.3k	—	21y	81	80y
LOTHIAN CAR CLUB (EDINBURGH) LIMITED (THE)→ SC026550 · est 1948	—	—	£39.0k	—	77y	81	71y
A L BEAUTY CLINIC LTD→ SC387141 · est 2010	—	—	£31.5k	—	15y	80	60y
ALBA TOURS LIMITED→ SC233633 · est 2002	—	—	£206.2k	—	23y	80	65y
BARR LEISURE LIMITED→ SC154882 · est 1994 · no financials extracted	—	—	—	—	31y	80	65y
ELITE SPORTS ANALYSIS LIMITED→ SC207793 · est 2000	—	—	£325.4k	—	26y	80	62y
EVENT-A-LOO LIMITED→ SC244111 · est 2003	—	—	£3.70M	—	23y	80	66y

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

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated2011-04-19

Jurisdictionscotland

Primary SIC91020 — Museum activities

Registered office

156 High Street

Biggar

Lanarkshire

ML12 6DH

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-05-03

Last: 2026-04-19