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.

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 12.1y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£2.14M

book net assets

Opportunity

83/100

Exceptional

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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 (73/100, 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 12.1y

50/100

clean up first

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

· Oldest live charge is 12.1 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: medium (78/100)

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

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

Ownership & PSC

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

Director network

Network not yet resolved

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 · 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

• 1 officers
• 1 persons-with-significant-control

Last 90 days

filings

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

Last 180 days

filings

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

Counts from Companies House filing history.

Corporate timeline (70 events)Click to expand

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
2023-04-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-03-27
➖
HUNTER, Michael William resigned
director
2023-03-27
➖
IRWIN, June resigned
director
2022-11-01
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
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

Showing most recent 50 of 70 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.

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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

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: 2026-05-03

Last: 2025-04-19