SCOTTISH POLICE RECREATION ASSOCIATION

🏛️Establishedactive

SC682574 · private-limited-guarant-nsc-limited-exemption · incorporated 2020-12-01

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.

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 5.3y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

75/100

Strong

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What this business does

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

Sector: Other service activities

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 5.3y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 5.3 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 28/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (78/100)

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

Lenders & charges

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

Directors & officers

20 officers (10 active, 20 linked, 20 with DOB)

Ownership & PSC

0 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

53 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

75/100Strong

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

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Average employees	1700	1600

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

🔒Filing-note intelligence

1 signal 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

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (53 events)Click to expand

2025-11-21
📄
resolution
resolution · RESOLUTIONS
2025-11-03
📄
accounts-with-accounts-type-small
accounts · AA
2025-10-24
📄
memorandum-articles
incorporation · MA
2025-10-22
➖
FRASER, Calum James resigned
director
2025-10-22
➖
STEWART, James Stevenson resigned
director
2025-10-22
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-10-22
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-10-15
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-02
➖
MURPHY, Robert resigned
director
2025-10-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-10-01
📄
accounts-with-accounts-type-small
accounts · AA
2024-09-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-09-26
➖
PIRIE, Claire resigned
director
2024-05-16
➕
SHAW, John Thomas appointed
director
2024-05-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-27
➖
MURRAY, Calum Iain resigned
director
2024-02-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-11-22
📄
second-filing-of-director-appointment-with-name
officers · RP04AP01
2023-09-25
📄
accounts-with-accounts-type-small
accounts · AA
2023-09-14
📄
memorandum-articles
incorporation · MA
2023-09-14
📄
resolution
resolution · RESOLUTIONS
2023-09-13
➕
MCINTYRE, Caine William appointed
director
2023-09-13
➕
SAGAN, Karlyn Jayne appointed
director
2023-09-13
➖
JACK, Joyce resigned
director
2023-09-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-13
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-01-30
➖
FITZGERALD, Sean Patrick resigned
director
2023-01-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-08-24
📄
memorandum-articles
incorporation · MA
2022-08-24
📄
resolution
resolution · RESOLUTIONS
2021-11-24
➕
CHADHA, Aaron appointed
director
2021-11-24
➕
HAMILTON, Colin appointed
director
2021-11-24
➕
PIRIE, Claire appointed
director
2021-11-24
➖
SHANKS, Jennifer resigned
director
2021-08-30
➖
LANGFORD, Anthony Martin resigned
director
2021-07-06
➖
CRAIG, Richard resigned
director
2021-03-31
➕
CALLAN, Ellen Johnston appointed
director
2021-03-31
➕
LESLIE, William Martin appointed
director
2021-03-31
➕
MALCOLM, Andrew Ian appointed
director
2021-03-31
➕
OGILVIE, Douglas George appointed
director
2021-03-31
➕
TRICKETT, Conrad appointed
director
2021-03-31
➕
CRAIG, Richard appointed
director
2021-03-31
➕
FITZGERALD, Sean Patrick appointed
director
2021-03-31
➕
FRASER, Calum James appointed
director
2021-03-31
➕
JACK, Joyce appointed
director
2021-03-31
➕
LANGFORD, Anthony Martin appointed
director
2021-03-31
➕
MURPHY, Robert appointed
director
2021-03-31
➕
SHANKS, Jennifer appointed
director
2021-03-31
➕
STEWART, James Stevenson appointed
director

Showing most recent 50 of 53 events

Owner dependency

55/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-10 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

60/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.

Red flags

1 med ·

3 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: FRASER, Calum James resigned 2025-10-22; MURPHY, Robert resigned 2025-10-02; STEWART, James Stevenson resigned 2025-10-22

Similar companies

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OLDPL1 LTD→ SC225047 · est 2001	—	—	£99.1k	—	24y	83	63y
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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

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated2020-12-01

Jurisdictionscotland

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

Registered office

6 Baird Street

Glasgow

G4 0EZ

United Kingdom

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-12-12

Last: 2025-11-28