TREE LOCATE (EUROPE) LIMITED
🌳Matureactive
SC156162 · ltd · incorporated 1995-02-24
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Wholesale of household goods (other than musical instruments) n.e.c.
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 76/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
10 live charges · 4 lenders · oldest 30.0y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 30.0 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
11 officers (5 active, 11 linked, 8 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
132 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
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 · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Average employees | 3100 | 2300 |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
- 2025-05-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-19📄change-person-director-company-with-change-dateofficers · CH01
- 2020-02-19📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-02-19📄change-person-director-company-with-change-dateofficers · CH01
- 2019-06-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-10-16🔓Charge satisfied #10
- 2017-06-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2017-03-07📄change-person-director-company-with-change-dateofficers · CH01
- 2015-09-21➖NESBITT, Norman Rogerson resigneddirector
- 2015-09-21➖NESBITT, Sarah Louisa Bell resigneddirector
- 2014-09-08➕NESBITT, Anna Louise appointeddirector
- 2014-09-08➕NESBITT, Joanna Elizabeth appointeddirector
- 2014-04-12🔓Charge satisfied #2
- 2014-03-25🔒Charge registered #10Lender: Hsbc Bank PLC
- 2013-11-12🔒Charge registered #9Lender: Hsbc Bank PLC
- 2013-11-08🔓Charge satisfied #1
- 2013-10-15🔒Charge registered #8Lender: Hsbc Invoice Finance (UK) Limited
- 2013-10-10🔒Charge registered #7Lender: Hsbc Bank PLC
- 2013-05-14➕NESBITT, Jonathan Norman Kyle appointedsecretary
- 2013-05-14➖GWA COSEC LTD resignedcorporate-secretary
- 2007-07-16➖SAYER, Christopher John resignedsecretary
- 2007-07-16➕GWA COSEC LTD appointedcorporate-secretary
- 2007-03-30🔒Charge registered #6Lender: Northern Rock PLC
- 2007-02-09🔒Charge registered #5Lender: Northern Rock PLC
- 2007-02-09🔒Charge registered #4Lender: Northern Rock PLC
- 2007-02-09🔒Charge registered #3Lender: Northern Rock PLC
- 1999-03-31➖NESBITT, David Robert Kyle resigneddirector
- 1997-05-09➕NESBITT, Jonathan Norman Kyle appointeddirector
- 1997-03-01➖GUIMARAENS, Peter resigneddirector
- 1996-05-20🔒Charge registered #2Lender: Adam & Company PLC
- 1996-05-03🔒Charge registered #1Lender: Adam & Company PLC
- 1996-03-29➕NESBITT, David Robert Kyle appointeddirector
- 1996-03-29➕NESBITT, Sarah Louisa Bell appointeddirector
- 1995-02-24🏢Company incorporatedAs TREE LOCATE (EUROPE) LIMITED
- 1995-02-24➕NESBITT, Mark Rogerson Kyle appointeddirector
- 1995-02-24➕SAYER, Christopher John appointedsecretary
- 1995-02-24➕GUIMARAENS, Peter appointeddirector
- 1995-02-24➕NESBITT, Norman Rogerson 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
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 31 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
🔒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 · Wholesale & distribution · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| THE AGED WOOD COMPANY LTD→ SC834831 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| THE ARABICA BEAN COFFEE COMPANY LTD→ SC844495 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| TIKHANO LTD→ SC868699 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TRANENT CONVENIENCE STORE LTD→ SC839398 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| UP TREND STORE LTD→ SC841842 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| VAPOURS LIMITED→ SC753053 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| VERUM VENTURES LTD→ SC877781 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| VRISAN LTD→ SC652555 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| WHIGHAM FERGUSSON LIMITED→ SC071221 · est 1980 · no financials extracted | — | — | — | — | 46y | — | — |
| WHISKY INVENTORY LIMITED→ SC666439 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| WR SPORTS INTERNATIONAL LIMITED→ SC859403 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| WRAP COUTURE LTD→ SC753772 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated1995-02-24
Jurisdictionscotland
Primary SIC46499 — Wholesale of household goods (other than musical instruments) n.e.c.
Registered office
Summit House
4-5 Mitchell Street
Edinburgh
EH6 7BD
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-03-24
Last: 2026-03-10
Officers (5 active · 6 resigned)
NESBITT, Jonathan Norman Kyle→
Activesecretary · appointed 2013-05-14
View their other companies + combined net worth →
NESBITT, Anna Louise→
Activedirector · ~51y · appointed 2014-09-08
View their other companies + combined net worth →
NESBITT, Joanna Elizabeth→
Activedirector · ~59y · appointed 2014-09-08
View their other companies + combined net worth →
NESBITT, Jonathan Norman Kyle→
Activedirector · ~54y · appointed 1997-05-09
View their other companies + combined net worth →
NESBITT, Mark Rogerson Kyle→
Activedirector · ~61y · appointed 1995-02-24
View their other companies + combined net worth →
SAYER, Christopher John→
Resignedsecretary · appointed 1995-02-24 · resigned 2007-07-16
GWA COSEC LTD→
Resignedcorporate-secretary · appointed 2007-07-16 · resigned 2013-05-14
GUIMARAENS, Peter→
Resigneddirector · ~61y · appointed 1995-02-24 · resigned 1997-03-01
NESBITT, David Robert Kyle→
Resigneddirector · ~54y · appointed 1996-03-29 · resigned 1999-03-31
NESBITT, Norman Rogerson→
Resigneddirector · ~93y · appointed 1995-02-24 · resigned 2015-09-21
NESBITT, Sarah Louisa Bell→
Resigneddirector · ~87y · appointed 1996-03-29 · resigned 2015-09-21
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
7
Outstanding
2
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 2 properties | 25/03/2014 | 16/10/2017 | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 12/11/2013 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) Limited | A registered charge | 1 property | 15/10/2013 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 10/10/2013 | — | |
| outstanding | Northern Rock Northern Rock PLC | Charge | 1 property | 30/03/2007 | — | |
| outstanding | Northern Rock Northern Rock PLC | Charge | 1 property | 09/02/2007 | — | |
| outstanding | Northern Rock Northern Rock PLC | Charge | 1 property | 09/02/2007 | — | |
| outstanding | Northern Rock Northern Rock PLC | Charge | 1 property | 09/02/2007 | — | |
| satisfied | Adam & Company Adam & Company PLC | Standard security | 1 property | 20/05/1996 | 12/04/2014 | |
| satisfied | Adam & Company Adam & Company PLC | Bond & floating charge | 1 property | 03/05/1996 | 08/11/2013 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (132 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-11
change-person-director-company-with-change-date
officers · CH01
2020-02-19