PAPILLON PRIVATE NURSERY LIMITED
🌳Matureactive
SC298646 · ltd · incorporated 2006-03-13
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
£4.0k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Pre-primary education
Sector: Education
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 77/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 19.9y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 19.9 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 7 with DOB)
84
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
84 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £3,972
Net assets shrinking
Down £353,026 YoY
Cash YoY
-20%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£124k
↓ 20% YoY
Net Worth
£4k
↓ 99% YoY
Current Assets
£277k
↓ 65% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £50.2k | £434.5k |
| Current assets | £277.1k | £792.8k |
| Cash | £123.8k | £155.0k |
| Debtors | £153.3k | £637.8k |
| Net assets | £4.0k | £357.0k |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
- 2025-06-26➖LEGGAT, Fiona resigneddirector
- 2025-06-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-22➕LEGGAT, Fiona appointeddirector
- 2023-12-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-08-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-08-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-04-24📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2022-12-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-18📄capital-allotment-sharescapital · SH01
- 2022-10-18📄capital-allotment-sharescapital · SH01
- 2022-09-23📄capital-allotment-sharescapital · SH01
- 2022-09-21📄capital-name-of-class-of-sharescapital · SH08
- 2022-09-20📄resolutionresolution · RESOLUTIONS
- 2022-09-20📄resolutionresolution · RESOLUTIONS
- 2022-09-20📄resolutionresolution · RESOLUTIONS
- 2022-03-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-03-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-03-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-03➕JOYCE, Declan Samuel appointeddirector
- 2022-03-03➕MCKAY, Kieran Paul, Mr. appointeddirector
- 2022-03-03➕WADDELL, Ryan Archibald Jackson appointeddirector
- 2022-03-03➖LEGGAT, Fiona resignedsecretary
- 2022-03-03➖LEGGAT, Fiona resigneddirector
- 2022-03-03➖LEGGAT, William Ross resigneddirector
- 2022-01-05🔓Charge satisfied #4
- 2022-01-05🔓Charge satisfied #3
- 2022-01-05🔓Charge satisfied #2
- 2022-01-05🔓Charge satisfied #1
- 2020-02-12➕LEGGAT, William Ross appointeddirector
- 2014-10-02🔒Charge registered #4Lender: West of Scotland Loan Fund
- 2014-09-01🔒Charge registered #3Lender: Dsl Business Finance Limited
- 2012-05-18➖MCADAM, Joyce Janet Mackay resigneddirector
- 2009-11-24🔒Charge registered #2Lender: West of Scotland Loan Fund Limited
- 2006-06-09🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2006-03-13🏢Company incorporatedAs PAPILLON PRIVATE NURSERY LIMITED
- 2006-03-13➕LEGGAT, Fiona appointedsecretary
- 2006-03-13➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2006-03-13➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2006-03-13➕LEGGAT, Fiona appointeddirector
- 2006-03-13➕MCADAM, Joyce Janet Mackay appointeddirector
- 2006-03-13➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2006-03-13➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Cotton Nursery Papillon Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Cotton Nursery Papillon Limited
Corporate parent · holds 75-100% shares · board control
⬇
PAPILLON PRIVATE NURSERY LIMITED
This company · SC298646
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Cotton Nursery Papillon Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 08/08/2023 |
2 historic (ceased) PSCs
- Dk Acquisitions Holdings Ltdceased 08/08/2023· 75-100% shares
- Mrs Fiona Leggatceased 03/03/2022· 75-100% shares
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 →Similar companies
Active · Education & training · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MORETIME CAPITAL (KIRKINTILLOCH) LTD→ SC866689 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| NEUROPATHOLOGY 2027 LIMITED→ SC757605 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| NURTURE @ ACADEMY LTD→ SC779991 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| PEBBLE PATHWAYS LTD→ SC853080 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PERFORMANCE GOAL C.I.C.→ SC844636 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| PERSONNEL SUPPORT AVIATION LIMITED→ SC478282 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| PLAYBUSTERS LTD.→ SC292901 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| POPULAR EDUCATION NETWORK (SCOTLAND) LTD→ SC819991 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| POSITIVE PROJECTS HUB CIC→ SC867267 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PREPARED PARENTING LTD→ SC881091 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| PRIDE & JOY NURSERY LIMITED→ SC473448 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| PRIMARY MANDARIN LIMITED→ SC593242 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated2006-03-13
Jurisdictionscotland
Primary SIC85100 — Pre-primary education
Registered office
1 Cambuslang Court
Cambuslang
Glasgow
G32 8FH
Scotland
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-01
Last: 2025-08-18
Officers (3 active · 7 resigned)
JOYCE, Declan Samuel→
Activedirector · ~31y · appointed 2022-03-03
View their other companies + combined net worth →
MCKAY, Kieran Paul, Mr.→
Activedirector · ~31y · appointed 2022-03-03
View their other companies + combined net worth →
WADDELL, Ryan Archibald Jackson→
Activedirector · ~43y · appointed 2022-03-03
View their other companies + combined net worth →
LEGGAT, Fiona→
Resignedsecretary · appointed 2006-03-13 · resigned 2022-03-03
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2006-03-13 · resigned 2006-03-13
LEGGAT, Fiona→
Resigneddirector · ~60y · appointed 2023-12-22 · resigned 2025-06-26
LEGGAT, Fiona→
Resigneddirector · ~60y · appointed 2006-03-13 · resigned 2022-03-03
LEGGAT, William Ross→
Resigneddirector · ~61y · appointed 2020-02-12 · resigned 2022-03-03
MCADAM, Joyce Janet Mackay→
Resigneddirector · ~57y · appointed 2006-03-13 · resigned 2012-05-18
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2006-03-13 · resigned 2006-03-13
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | West of Scotland Loan Fund | A registered charge | — | 02/10/2014 | 05/01/2022 | |
| satisfied | Dsl Business Finance Dsl Business Finance Limited | A registered charge | — | 01/09/2014 | 05/01/2022 | |
| satisfied | West of Scotland Loan Fund West of Scotland Loan Fund Limited | Floating charge | 1 property | 24/11/2009 | 05/01/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 09/06/2006 | 05/01/2022 |
Recent filings (84 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-26
termination-director-company-with-name-termination-date
officers · TM01
2025-06-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-31
appoint-person-director-company-with-name-date
officers · AP01
2023-12-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-08-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-18
change-account-reference-date-company-current-extended
accounts · AA01
2023-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-07
capital-allotment-shares
capital · SH01
2022-10-18
capital-allotment-shares
capital · SH01
2022-10-18
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-06