FILM CITY LIMITED

🌳Matureactive
SC452041 · ltd · incorporated 2013-06-11
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Why now
Window opening · medium confidence
More negotiable than before — 1 signals weakening over the last 30 days.
  • · Hygiene score: 90 → 85
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
What changed my view
Last 30 days

Picture worsened over the last 30 days — 1 negative signal vs 0 positive.

  • ↓Hygiene score: 90 → 85
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 Jun 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Operation of arts facilities
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (83/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30

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

Recent activity

Last 30 days
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Last 90 days
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Last 180 days
3
filings
  • • 1 confirmation-statement
  • • 1 officers
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-06-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-06-24
    ➖
    KENNEDY, Roland Lockhart resigned
    director
  3. 2026-03-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2025-03-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-03-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2023-03-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2022-02-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2021-06-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2020-03-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2019-02-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2018-03-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2017-02-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2016-06-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2016-03-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2015-06-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-04-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2014-05-01
    ➕
    BERRIE, Zara Gillian appointed
    director
  18. 2014-05-01
    ➕
    KENNEDY, Roland Lockhart appointed
    director
  19. 2013-06-11
    🏢
    Company incorporated
    As FILM CITY LIMITED
  20. 2013-06-11
    ➕
    KELLY, Tiernan Patrick appointed
    director

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

59/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 13 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Tiernan Patrick Kelly
Individual · British · DOB 09/1971 · age 55
25–50%
—25-50% shares11/06/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Typeltd
Incorporated2013-06-11
Jurisdictionscotland
Primary SIC90040 — Operation of arts facilities

Registered office

401 Govan Road
Glasgow
G51 2QJ

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-06-25
Last: 2026-06-11

Officers (2 active · 1 resigned)

BERRIE, Zara Gillian→
director · ~59y · appointed 2014-05-01
View their other companies + combined net worth →
Active
KELLY, Tiernan Patrick→
director · ~55y · appointed 2013-06-11
View their other companies + combined net worth →
Active
KENNEDY, Roland Lockhart→
director · ~76y · appointed 2014-05-01 · resigned 2026-06-24
Resigned

Click a director name to see their full track record across all companies.

Recent filings (30 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-29
termination-director-company-with-name-termination-date
officers · TM01
2026-06-26
accounts-with-accounts-type-dormant
accounts · AA
2026-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-13
accounts-with-accounts-type-dormant
accounts · AA
2025-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-17
accounts-with-accounts-type-dormant
accounts · AA
2024-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-16
accounts-with-accounts-type-dormant
accounts · AA
2023-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-14
accounts-with-accounts-type-dormant
accounts · AA
2022-02-18
accounts-with-accounts-type-dormant
accounts · AA
2021-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-15
accounts-with-accounts-type-dormant
accounts · AA
2020-03-19