3RD GENERATION SALON LTD
🏛️Establishedactive
13326645 · ltd · incorporated 2021-04-09
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 Apr 2024
Net worth
—
book net assets
Opportunity
54/100
Worth a look
What this business does
Primary activity: Hairdressing and other beauty treatment
Sector: Other service activities
Investor take
Pass (distressed without resilience)Distressed admin-neglect survivor — structural issues outweigh the discount.
Opportunity 54/100 (worth a look), bankability 45/100. 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 (38/100). Current lenders should be on monthly review.
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 (2 active, 6 linked, 6 with DOB)
90
Ownership & PSC
2 active PSC(s) of 8 total, 8 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-04-30 | 2023-04-30 |
|---|
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2025-01-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-02-21➖STERN, Jacob resigneddirector
- 2024-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-27📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-27📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-06-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-06-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-20📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-20📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-19➖COLTESCU, Andrei Alexandru resigneddirector
- 2023-04-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-06-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-06-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-06-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-05-13➕COLTESCU, Andrei Alexandru appointeddirector
- 2022-05-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-05-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-12-07📄change-person-director-company-with-change-dateofficers · CH01
- 2021-07-11➕POTIRNICHIE, Adrian Bogdan appointeddirector
- 2021-07-11➕POTIRNICHIE, Traian-Ionut appointeddirector
- 2021-05-15➖POTIRNICHIE, Adrian Bogdan resigneddirector
- 2021-05-15➖POTIRNICHIE, Traian Ionut resigneddirector
- 2021-05-13➕POTIRNICHIE, Adrian Bogdan appointeddirector
- 2021-04-21➕POTIRNICHIE, Traian Ionut appointeddirector
- 2021-04-09🏢Company incorporatedAs 3RD GENERATION SALON LTD
- 2021-04-09➕STERN, Jacob appointeddirector
Owner dependency
66/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-04-30
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-03-09
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Traian-Ionut Potirnichie Individual · Romanian · DOB 09/1996 · age 30 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 19/05/2023 |
Mr Adrian Bogdan Potirnichie Individual · Romanian · DOB 08/1993 · age 33 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 19/05/2023 |
6 historic (ceased) PSCs
- Mr Andrei Alexandru Coltescuceased 13/05/2022· 25-50% voting · board control · significant influence · trust interest · firm interest
- Mr Adrian Bogdan Potirnichieceased 12/08/2021· 25-50% shares
- Mr Traian Ionut Potirnichieceased 12/08/2021· 50-75% shares
- Mr Jacob Sternceased 19/05/2023· 75-100% shares · 75-100% voting · board control
- Mr Adrian Bogdan Potirnichieceased 15/05/2021· 25-50% shares · 25-50% voting
- Mr Traian Ionut Potirnichieceased 15/05/2021· 25-50% shares · 25-50% voting
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 · Trade services · EC postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 360 PROMOS LIMITED→ 13515481 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 38SERVICES MANAGEMENT LTD→ 16884275 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 39 RIGGINDALE ROAD LTD→ 16373601 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 3A INVESTMENT (INTERNATIONAL) LTD→ 13461421 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 3JANE LIMITED→ 15257413 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 3RD GENERATION MALE GROOMING LTD→ 14063518 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 4 FOUR 4 EVENTS LTD→ 16623890 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 4 R'S CONSULTANCY LIMITED→ 05711508 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| 4-6A WORCESTER ROAD E.17 RESIDENTS ASSOCIATION LIMITED→ 05153887 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| 40-42 MYDDELTON SQUARE LIMITED→ 06719554 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 419 APPAREL PRODUCTION LTD→ 13124445 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 44 HILL CAPITAL MANAGEMENT SERVICES LTD→ 16438142 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2021-04-09
Jurisdictionengland-wales
Primary SIC96020 — Hairdressing and other beauty treatment
Registered office
114 Clerkenwell Road
London
EC1M 5SA
England
Filing status
Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-04-30
Confirmation statement
Next due: 2026-03-09OVERDUE
Last: 2025-02-23
Officers (2 active · 4 resigned)
POTIRNICHIE, Adrian Bogdan→
Activedirector · ~33y · appointed 2021-07-11
View their other companies + combined net worth →
POTIRNICHIE, Traian-Ionut→
Activedirector · ~30y · appointed 2021-07-11
View their other companies + combined net worth →
COLTESCU, Andrei Alexandru→
Resigneddirector · ~35y · appointed 2022-05-13 · resigned 2023-05-19
POTIRNICHIE, Adrian Bogdan→
Resigneddirector · ~33y · appointed 2021-05-13 · resigned 2021-05-15
POTIRNICHIE, Traian Ionut→
Resigneddirector · ~33y · appointed 2021-04-21 · resigned 2021-05-15
STERN, Jacob→
Resigneddirector · ~27y · appointed 2021-04-09 · resigned 2024-02-21
Click a director name to see their full track record across all companies.
Recent filings (45 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-29
termination-director-company-with-name-termination-date
officers · TM01
2024-02-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-27
change-person-director-company-with-change-date
officers · CH01
2023-11-27
change-person-director-company-with-change-date
officers · CH01
2023-11-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-06-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-06-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-06-20
change-person-director-company-with-change-date
officers · CH01
2023-06-20