CANCAN HOOPS LTD
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -95% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (65/100).
Refinance opportunity
1 live charge · oldest 1.9y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 1.9 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-08-31 |
|---|---|---|
| Total assets | £-43.5k | £-377.0k |
| Current assets | — | £240.3k |
| Cash | £11.1k | £240.3k |
| Net assets | £-93.0k | £-789.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (13 events)Click to expand
- 2025-11-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-25📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-01-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-10📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-08-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-14🔒Charge registered #1Lender: Arbuthnot Latham & Co., Limited
- 2024-02-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-08📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2022-05-20🏢Company incorporatedAs CANCAN HOOPS LTD
- 2022-05-20➕PAPWORTH, Rebecca Jane appointeddirector
- 2022-05-20📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Rebecca Jane Papworth Individual · British · DOB 07/1970 · age 56 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 20/05/2022 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Technology · HX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CRAFTLOGIC LTD→ 15081284 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CROSS CHECK TECH LTD→ 15913070 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| D-CARBN ANALYTICS LTD→ 16107827 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| DAGSU LTD→ 16558954 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DATA TOOLS FOR SCHOOLS LIMITED→ 07721705 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| DECANUS LTD→ 16698116 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DESIGN FICTIONS LIMITED→ 10497664 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| DESIGN OPS LTD→ 07198094 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| DESTINATION MEDIA LIMITED→ 11159020 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| DEVONSHIRE DEVERE LTD→ 16147742 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| DIANA SOCIALS LIMITED→ 16268923 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| DIGBYTECH LIMITED→ 05595447 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Arbuthnot Latham & Co., Arbuthnot Latham & Co., Limited | A registered charge | — | 14/08/2024 | — |