SOUTH ISLAY DEVELOPMENT

🌳Matureactive

SC400320 · private-limited-guarant-nsc-limited-exemption · incorporated 2011-05-26

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 opening · high confidence

More negotiable than before — 3 signals weakening over the last 30 days.

· Hygiene score: 90 → 70
· Opportunity score: 83 → 74
· Bankability: 80 → 70
· Distress / opportunity: avoid → speculative

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 4.0y old — refinance window within 12 months

What changed my view

Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

↓Opportunity score: 83 → 74
↓Hygiene score: 90 → 70
↓Bankability: 80 → 70
·Distress / opportunity: avoid → speculative

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

—

not disclosed

Net worth

—

book net assets

Opportunity

74/100

Strong

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

What this business does

Primary activity: Activities of other membership organisations n.e.c.

Sector: Other service activities

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 4.0y

75/100

ready

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

· Charge age ~4.0 years — mid-life; refi window approaching.
· Single lender — cleanest path to refinance.
· Legal-friction score 20/100 — clean.

Data confidence

Overall: low (50/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

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

Directors & officers

29 officers (10 active, 29 linked, 26 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

3 connected companies via shared directors

Filing history

95 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

74/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (70 events)Click to expand

2026-04-14
📄
accounts-with-accounts-type-group
accounts · AA
2025-02-20
📄
accounts-with-accounts-type-group
accounts · AA
2024-12-03
📄
change-person-director-company-with-change-date
officers · CH01
2024-12-02
📄
change-person-director-company-with-change-date
officers · CH01
2024-12-02
📄
change-person-director-company-with-change-date
officers · CH01
2024-11-19
📄
change-person-director-company-with-change-date
officers · CH01
2024-11-19
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2024-11-18
➖
MACGILLIVRAY, Alyson Mcleod, Mrs. resigned
secretary
2024-06-05
➖
GILLESPIE, Alexander Neil resigned
director
2024-06-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-07
📄
accounts-with-accounts-type-group
accounts · AA
2023-02-09
📄
memorandum-articles
incorporation · MA
2023-02-09
📄
statement-of-companys-objects
change-of-constitution · CC04
2023-02-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-01-27
📄
accounts-with-accounts-type-group
accounts · AA
2023-01-19
➖
BULLER, Diana Mary resigned
director
2022-07-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-07-25
➖
ADDISON, Grant resigned
director
2022-07-25
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-07-04
🔒
Charge registered #1
Lender: Argyll and Bute Council
2022-03-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-03-10
➕
GORDON, Rosie Alice appointed
director
2022-02-23
📄
accounts-with-accounts-type-full
accounts · AA
2021-08-17
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-08-04
➕
GILLESPIE, Alexander Neil appointed
director
2021-05-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-05-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-05-19
➕
ADDISON, Grant appointed
director
2021-05-14
➖
MCGEACHY, Emma Jane resigned
director
2021-04-30
➖
MCDOUGALL, Susan Isabella resigned
director
2021-04-27
➖
FARRELL, Jane Anne resigned
director
2021-02-20
➖
NEWMAN, Angus resigned
director
2020-02-20
➕
JOHNSTON, Dionne Louise appointed
director
2020-02-20
➕
PAISLEY, Jordan James appointed
director
2020-02-20
➖
MCNAB, Eleanor Margaret Quintin resigned
director
2019-10-24
➕
MCFARLANE, James Boyd appointed
director
2019-09-01
➕
FAGGETTER, Ian Michael appointed
director
2019-09-01
➕
FARRELL, Jane Anne appointed
director
2019-08-17
➖
CAMPBELL, Allan Cameron resigned
director
2017-08-15
➖
MACALLISTER, Flora resigned
director
2017-08-15
➖
MITCHELL, Cameron Mckenzie resigned
director
2017-06-26
➕
MACGILLIVRAY, Alyson Mcleod, Mrs. appointed
secretary
2017-05-31
➖
MACLEAN, Garry Robert resigned
secretary
2016-06-03
➕
MCGRANN, Patrick John, Dr appointed
director
2016-06-03
➕
MCNAB, Eleanor Margaret Quintin appointed
director
2016-02-23
➖
KNOWLES, Jean Mary, Dr resigned
director
2015-10-28
➕
MACLEAN, Garry Robert appointed
secretary
2015-10-23
➖
LAURIE, Kirsten Eleanor resigned
secretary
2015-03-05
➖
MACTAGGART, Ciara Mhairi resigned
director
2015-03-05
➕
MCDOUGALL, Susan Isabella appointed
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

-10 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

78/100

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 77 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.

Red flags

1 high ·

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-09

🔒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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Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
LOCH EARN DEVELOPMENT COMPANY LTD→ SC018491 · est 1935	—	—	£17.6k	—	91y	83	69y
STRUTHERS MEMORIAL CHURCH→ SC335480 · est 2007 · no financials extracted	—	—	—	—	18y	83	66y
AN TAIRBEART LIMITED→ SC139476 · est 1992	—	—	£946.0k	—	33y	82	94y
CHURCHILL (SCOTLAND) PROPERTIES LIMITED→ SC202429 · est 1999	—	—	£5.1k	—	26y	82	74y
R & C MURRAY LIMITED→ SC368915 · est 2009	—	—	£23.0k	—	16y	82	73y
SPEY BAY TRADING COMPANY LTD.→ SC180155 · est 1997	—	—	£5.4k	—	28y	82	73y
ARDRISHAIG COMMUNITY TRUST→ SC344641 · est 2008	—	—	—	900	18y	81	81y
ASSOCIATION OF CONSTRUCTION ATTORNEYS→ SC344543 · est 2008	—	—	£2.4k	—	18y	81	75y
BARCALDINE COMMUNITY ASSOCIATION→ SC295774 · est 2006 · no financials extracted	—	—	—	—	20y	81	77y
BENMORE AND KILMUN COMMUNITY DEVELOPMENT TRUST→ SC254743 · est 2003	—	—	£3.5k	—	22y	81	76y
METER EYE LTD→ SC294491 · est 2005	—	—	£30	—	20y	81	76y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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

Incorporated2011-05-26

Jurisdictionscotland

Primary SIC94990 — Activities of other membership organisations n.e.c.

Registered office

Ramsay Hall North Bay

Port Ellen

Isle Of Islay

PA42 7BY

Scotland

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2026-06-09OVERDUE

Last: 2025-05-26