FORTH CORINTHIAN DEVELOPMENTS LIMITED

🌳Matureactive
SC507393 · ltd · incorporated 2015-06-02
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.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
book net assets
Opportunity
79/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Operation of sports facilities
Sector: Arts, entertainment & recreation
Investor take
Pursue
Active trading company with a 70-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (79/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (3 active, 6 linked, 6 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
28 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
Average employees00

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

🔒Filing-note intelligence

2 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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-10-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-06-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-06-03
    BLACK, Andy appointed
    director
  5. 2025-06-03
    MACKAY, George Bryson resigned
    director
  6. 2025-04-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-03-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-01-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-01-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2022-12-14
    MYATT, Edward Bamford resigned
    director
  11. 2022-12-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2022-10-30
    DOUGLAS, Peter Gawain appointed
    director
  13. 2021-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-11-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-11-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  17. 2018-11-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2018-11-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2018-10-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2018-10-15
    MACKAY, George Bryson appointed
    director
  21. 2018-10-15
    MARTIN, Frank John Henderson resigned
    director
  22. 2017-11-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  23. 2015-06-02
    🏢
    Company incorporated
    As FORTH CORINTHIAN DEVELOPMENTS LIMITED
  24. 2015-06-02
    GLASS, James Crosbie appointed
    director
  25. 2015-06-02
    MARTIN, Frank John Henderson appointed
    director
  26. 2015-06-02
    MYATT, Edward Bamford appointed
    director

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
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • 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.)

Group structure

Forth Corinthian Yacht Club holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Forth Corinthian Yacht Club
Corporate parent · board control
FORTH CORINTHIAN DEVELOPMENTS LIMITED
This company · SC507393

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Forth Corinthian Yacht Club
Corporate entity
board controlboard control12/11/2018

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 · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
EDINBURGH CITY TRAVEL LIMITED
SC823880 · est 2024 · no financials extracted
1y
EK FITNESS ACADEMY LTD
SC800478 · est 2024 · no financials extracted
2y
EVENTS WITH MOXIE LTD
SC606021 · est 2018 · no financials extracted
7y
FABLE & LUNE LTD
SC852595 · est 2025 · no financials extracted
FITNESS LEAGUE SCOTLAND LTD
SC784717 · est 2023 · no financials extracted
2y
FLAG HUNTER SERVICES LTD
SC849111 · est 2025 · no financials extracted
FLAMENCOSCOTLAND LTD.
SC457145 · est 2013 · no financials extracted
12y
FLIGHT BUREAU LTD
SC760976 · est 2023 · no financials extracted
3y
FORTH BRIDGES TOURS LTD
SC448816 · est 2013 · no financials extracted
12y
FORTH ENTERTAINMENT LTD
SC686808 · est 2021 · no financials extracted
5y
FORTH SOCIAL & LEISURE CLUB LIMITED
SC103019 · est 1987 · no financials extracted
39y
FOX & GRACE LIMITED
SC715458 · est 2021 · no financials extracted
4y
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
Incorporated2015-06-02
Jurisdictionscotland
Primary SIC93110 — Operation of sports facilities

Registered office

Middle Pier
Granton Harbour
Edinburgh
EH5 1HF
United Kingdom

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-16
Last: 2025-06-02

Officers (3 active · 3 resigned)

BLACK, Andy
director · ~64y · appointed 2025-06-03
View their other companies + combined net worth →
Active
DOUGLAS, Peter Gawain
director · ~60y · appointed 2022-10-30
View their other companies + combined net worth →
Active
GLASS, James Crosbie
director · ~70y · appointed 2015-06-02
View their other companies + combined net worth →
Active
MACKAY, George Bryson
director · ~78y · appointed 2018-10-15 · resigned 2025-06-03
Resigned
MARTIN, Frank John Henderson
director · ~74y · appointed 2015-06-02 · resigned 2018-10-15
Resigned
MYATT, Edward Bamford
director · ~73y · appointed 2015-06-02 · resigned 2022-12-14
Resigned

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

Recent filings (28 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-14
termination-director-company-with-name-termination-date
officers · TM01
2025-06-14
appoint-person-director-company-with-name-date
officers · AP01
2025-06-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-20
appoint-person-director-company-with-name-date
officers · AP01
2023-01-03
termination-director-company-with-name-termination-date
officers · TM01
2022-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-11