ROWEN EVENTS LTD

🏛️Establishedactive
SC600596 · ltd · incorporated 2018-06-21
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
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Turnover
year to Apr 2024
Net worth
£59.2k
book net assets
Opportunity
67/100
Strong
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What this business does
Primary activity: Operation of arts facilities
Sector: Arts, entertainment & recreation
Investor take
Special-situation opportunity
Distressed leisure with salvageable qualities — special-situations priority.

Opportunity 67/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).

Data confidence

Overall: high (80/100)

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £59,177

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£59k
↑ 7.0% YoY
Current Assets
£117k
↑ 61% YoY
Current Liabilities
£0£23k£47k£70k£94k£117kApr 2023Apr 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-04-302023-04-30
Total assets£27.4k£14.3k
Current assets£117.2k£72.8k
Net assets£59.2k£55.3k

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

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 (17 events)Click to expand
  1. 2025-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-03-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-06-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-09-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2020-11-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-09-02
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2020-08-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2020-08-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2020-03-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2019-10-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2018-06-21
    🏢
    Company incorporated
    As ROWEN EVENTS LTD
  15. 2018-06-21
    MCMARTIN, Ewen Alexander appointed
    director
  16. 2018-06-21
    SNEDDEN, Robert Roy appointed
    director
  17. 2018-06-21
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
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 58 — approaching natural succession window.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-04-30

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Ewen Alexander Mcmartin
Individual · British · DOB 04/1968 · age 58
2550%
25–50%board control25-50% shares · 25-50% voting · board control21/06/2018
Mr Robert Roy Snedden
Individual · Scottish · DOB 08/1968 · age 58
2550%
25–50%board control25-50% shares · 25-50% voting · board control21/06/2018

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 →

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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
Typeltd
Incorporated2018-06-21
Jurisdictionscotland
Primary SIC90040 — Operation of arts facilities

Registered office

Office 32 Kirkcaldy Business Incubator
Myregormie Place
Kirkcaldy
KY1 3NA
Scotland

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-04-30
Confirmation statement
Next due: 2026-07-04
Last: 2025-06-20

Officers (2 active · 0 resigned)

MCMARTIN, Ewen Alexander
director · ~58y · appointed 2018-06-21
View their other companies + combined net worth →
Active
SNEDDEN, Robert Roy
director · ~58y · appointed 2018-06-21
View their other companies + combined net worth →
Active

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

Recent filings (21 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-04
change-person-director-company-with-change-date
officers · CH01
2024-03-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-24
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-01
change-account-reference-date-company-previous-shortened
accounts · AA01
2020-09-02
change-person-director-company-with-change-date
officers · CH01
2020-08-13