KILLYRUDDAN TILES & BATHROOMS LTD
- 46740SIC 46740
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 -60% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
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 · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £46.8k | £79.6k |
| Current assets | £72.3k | £146.5k |
| Cash | £26.2k | £65.5k |
| Net assets | £-14.3k | £4.2k |
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 accounts
- • 1 confirmation-statement
Corporate timeline (10 events)Click to expand
- 2025-12-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-12-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-12-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-12-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-12-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-06📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2019-12-03🏢Company incorporatedAs KILLYRUDDAN TILES & BATHROOMS LTD
- 2019-12-03➕GILLIS, Leanne appointeddirector
- 2019-12-03➕GILLIS, Melvin appointeddirector
- 2019-12-03📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +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.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Leanne Gillis Individual · British · DOB 05/1982 · age 44 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 03/12/2019 |
Mr Melvin Gillis Individual · British · DOB 04/1979 · age 47 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 03/12/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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 (2 active · 0 resigned)
Click a director name to see their full track record across all companies.