MOTION FITNESS (SCOTLAND) LIMITED
🌳Matureactive
SC515744 · ltd · incorporated 2015-09-16
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.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£114.0k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
Investor take
PursueStrong opportunity: active trading company with exceptional profile and bankable structure.
Opportunity 80/100 (exceptional), bankability 80/100. 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).
🏦
Refinance opportunity
2 live charges · oldest 9.2y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (82/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £113,999
Cash YoY
-25%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£24k
↓ 25% YoY
Net Worth
£114k
↑ 8.5% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Cash | £23.8k | £31.6k |
| Net assets | £114.0k | £105.0k |
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
- 2025-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-06-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-02-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-02-14🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2017-02-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-02-01🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2016-12-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-12-19➕MILNE, Charles Stephen appointeddirector
- 2016-09-28📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2016-07-22📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2016-07-08➖STRONACHS SECRETARIES LIMITED resignedcorporate-secretary
- 2016-05-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2015-11-04➕MILNE, Shawn Andrew appointeddirector
- 2015-11-04➖FORBES, Neil David resigneddirector
- 2015-11-04➖RENNIE, David Alan resigneddirector
- 2015-09-16🏢Company incorporatedAs MOTION FITNESS (SCOTLAND) LIMITED
- 2015-09-16➕STRONACHS SECRETARIES LIMITED appointedcorporate-secretary
- 2015-09-16➕FORBES, Neil David appointeddirector
- 2015-09-16➕RENNIE, David Alan appointeddirector
Owner dependency
74/100
High — earn-out structure requiredMaterial 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 63 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
61/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Shawn Andrew Milne Individual · British · DOB 03/1992 · age 34 | 75–100% | — | 75-100% shares | 14/09/2016 |
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 →Similar companies
Active · Leisure & entertainment · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| SAR FUNCTIONAL FITNESS LIMITED→ SC840707 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| SHOWEQUIP LIMITED→ SC553886 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| SIP N PAINT KULTURE LTD→ SC821921 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| SKINNY PINK HIPPO LIMITED→ SC802223 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| SOUND FESTIVAL→ SC394992 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| STADIUM ABERDEEN LIMITED→ SC299691 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| SUZANNE WHITNEY GHADIMI ARTS LTD→ SC828949 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| TARTAN COMPETITIONS LTD→ SC692933 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| THE RESET CLUB LTD→ SC841464 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| THE WRITE IMAGE (SCOTLAND) LIMITED→ SC212364 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| THISTLE TIMING LIMITED→ SC616647 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| TIME EXPOSURE TRAVEL LTD→ SC608636 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2015-09-16
Jurisdictionscotland
Primary SIC93130 — Fitness facilities
Registered office
23 - 27 High Street
Buckie
Banffshire
AB56 1AL
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-29
Last: 2025-09-15
Officers (2 active · 3 resigned)
MILNE, Charles Stephen→
Activedirector · ~63y · appointed 2016-12-19
View their other companies + combined net worth →
MILNE, Shawn Andrew→
Activedirector · ~34y · appointed 2015-11-04
View their other companies + combined net worth →
STRONACHS SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2015-09-16 · resigned 2016-07-08
FORBES, Neil David→
Resigneddirector · ~56y · appointed 2015-09-16 · resigned 2015-11-04
RENNIE, David Alan→
Resigneddirector · ~73y · appointed 2015-09-16 · resigned 2015-11-04
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 14/02/2017 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 01/02/2017 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (31 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-10-02