STATEOFTHEARTS LTD

🌿Early-stageactive
NI682929 · ltd · incorporated 2021-10-07
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
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Turnover
—
year to Mar 2025
Net worth
£1.2k
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Hairdressing and other beauty treatment
Sector: Other service activities
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (71/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
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
1 connected companies via shared directors
48
Filing history
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red 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 £1,161

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
£1k
Current Assets
£13k
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Total assets£1.2k
Current assets£12.5k
Net assets£1.2k

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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2025-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-10
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  3. 2024-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-10-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-10-07
    🏢
    Company incorporated
    As STATEOFTHEARTS LTD
  6. 2021-10-07
    ➕
    O'NEILL, Rory Patrick appointed
    director
  7. 2021-10-07
    ➕
    O'NEILL, Ryan Anthony appointed
    director
  8. 2021-10-07
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

Limited 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Ryan Anthony O'Neill
Individual · Irish · DOB 04/1983 · age 43
25–50%
25–50%board control25-50% shares · 25-50% voting · board control07/10/2021
Mr Rory Patrick O'Neill
Individual · Irish · DOB 02/1984 · age 42
25–50%
25–50%board control25-50% shares · 25-50% voting · board control07/10/2021

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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——025y8561y
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
Typeltd
Incorporated2021-10-07
Jurisdictionnorthern-ireland
Primary SIC96020 — Hairdressing and other beauty treatment

Registered office

Unit 8-9 Dungannon Enterprise Centre
2 Coalisland Road
Dungannon
BT71 6JT
Northern Ireland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-20
Last: 2025-10-06

Officers (2 active · 0 resigned)

O'NEILL, Rory Patrick→
director · ~42y · appointed 2021-10-07
View their other companies + combined net worth →
Active
O'NEILL, Ryan Anthony→
director · ~43y · appointed 2021-10-07
View their other companies + combined net worth →
Active

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

Recent filings (9 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-06
change-account-reference-date-company-current-extended
accounts · AA01
2025-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-18
incorporation-company
incorporation · NEWINC
2021-10-07