TRSN LLP
💤Zombieactive
OC447475 · llp · incorporated 2023-05-24
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£2.32M
book net assets
Opportunity
70/100
Strong
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 70/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
2 live charges · oldest 2.5y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.5 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (70/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, no SIC, incorporation date
80
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
50
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 declaredPositive net assets
Net assets £2,319,140
Key financials
1 year extracted from filed iXBRL accountsCash
£137k
Net Worth
£2.3m
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 |
|---|---|
| Cash | £136.8k |
| Net assets | £2.32M |
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
3
filings
- • 3 persons-with-significant-control
Last 90 days
3
filings
- • 3 persons-with-significant-control
Last 180 days
4
filings
- • 3 persons-with-significant-control
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2026-05-14📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2026-05-14📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2026-05-14📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2025-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-30📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-11-29📄change-account-reference-date-limited-liability-partnership-current-shortenedaccounts · LLAA01
- 2024-10-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-17📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-12-06📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2023-12-06📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2023-11-29🔒Charge registered #2Lender: Handelsbanken PLC
- 2023-11-29🔒Charge registered #1Lender: Handelsbanken PLC
- 2023-05-24🏢Company incorporatedAs TRSN LLP
- 2023-05-24➕KINNEIR, Anna Elspeth Tereora appointedllp-designated-member
- 2023-05-24➕KINNEIR, Simon Ross appointedllp-designated-member
- 2023-05-24➕KINNEIR, William Lewis appointedllp-designated-member
- 2023-05-24📄incorporation-limited-liability-partnershipincorporation · LLIN01
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr William Lewis Kinneir Individual · British · DOB 06/1981 · age 45 | — | 25–50% | 25-50% voting | 24/05/2023 |
Simon Ross Kinneir Individual · British · DOB 07/1984 · age 42 | — | 25–50% | 25-50% voting | 24/05/2023 |
Anna Elspeth Tereora Kinneir Individual · British · DOB 07/1987 · age 39 | — | 25–50% | 25-50% voting | 24/05/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · same sector · BS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 02090617 LIMITED→ 02090617 · est 1987 · no financials extracted | — | — | — | — | 39y | — | — |
| 100 CORONATION ROAD BRISTOL LIMITED→ 06763223 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 109 MANAGEMENT LIMITED→ 02062035 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| 109 REDLAND ROAD (BRISTOL) MANAGEMENT COMPANY (2014) LIMITED→ 09144108 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 11 ALL SAINTS ROAD MAINTENANCE LIMITED→ 01551533 · est 1981 · no financials extracted | — | — | — | — | 45y | — | — |
| 11 BELLEVUE (CLIFTON) MANAGEMENT COMPANY LIMITED→ 02016282 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| 11 CAMP ROAD MANAGEMENT LIMITED→ 12632486 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 11 CHERTSEY ROAD MANAGEMENT COMPANY LIMITED→ 01296812 · est 1977 · no financials extracted | — | — | — | — | 49y | — | — |
| 11 CHIPHOUSE MANAGEMENT COMPANY LIMITED→ 06510398 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| 11 CLARENDON ROAD LIMITED→ 14235455 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 11 CLEVEDON TERRACE COTHAM MANAGEMENT LIMITED→ 01535770 · est 1980 · no financials extracted | — | — | — | — | 45y | — | — |
| 111 HAMPTON ROAD, REDLAND MANAGEMENT COMPANY LIMITED→ 02116390 · est 1987 · no financials extracted | — | — | — | — | 39y | — | — |
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
Typellp
Incorporated2023-05-24
Jurisdictionengland-wales
Primary SIC—
Registered office
C/O Bishop Fleming Llp
10 Temple Back
Bristol
BS1 6FL
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-06
Last: 2025-05-23
Officers (3 active · 0 resigned)
KINNEIR, Anna Elspeth Tereora→
Activellp-designated-member · ~39y · appointed 2023-05-24
View their other companies + combined net worth →
KINNEIR, Simon Ross→
Activellp-designated-member · ~42y · appointed 2023-05-24
View their other companies + combined net worth →
KINNEIR, William Lewis→
Activellp-designated-member · ~45y · appointed 2023-05-24
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 29/11/2023 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 2 properties | 29/11/2023 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (11 total)
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC04
2026-05-14
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC04
2026-05-14
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC04
2026-05-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-05-30
change-account-reference-date-limited-liability-partnership-current-shortened
accounts · LLAA01
2024-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-29
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-07-17
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2023-12-06
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2023-12-06
incorporation-limited-liability-partnership
incorporation · LLIN01
2023-05-24