STRING SPORTS LIMITED

🌳Matureactive
SC360488 · ltd · incorporated 2009-06-01
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 5.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£1.4k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 47640
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

1 live charge · oldest 5.7y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 5.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £1,393
Net assets shrinking
Down £25,978 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£1k
↓ 95% YoY
Current Assets
£234k
↑ 29% YoY
Current Liabilities
—
£0£47k£93k£140k£187k£234kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£15.0k£44.2k
Current assets£233.6k£180.8k
Net assets£1.4k£27.4k

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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-01-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-01-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-03-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-09-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2020-08-24
    🔒
    Charge registered #1
    Lender: Hsbc UK Bank PLC
  9. 2019-11-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-09-21
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  13. 2017-09-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2017-09-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2017-09-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2017-09-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2017-09-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2017-07-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2009-06-01
    🏢
    Company incorporated
    As STRING SPORTS LIMITED
  20. 2009-06-01
    ➕
    LISK, Stuart appointed
    secretary
  21. 2009-06-01
    ➕
    GRAY, Jordan appointed
    director
  22. 2009-06-01
    ➕
    LISK, Stuart Mckinnon appointed
    director

Owner dependency

68/100
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.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

59/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 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

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 Stuart Mckinnon Lisk
Individual · British · DOB 10/1985 · age 41
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Jordan Gray
Individual · Scottish · DOB 02/1981 · age 45
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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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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
Incorporated2009-06-01
Jurisdictionscotland
Primary SIC47640 — SIC 47640

Registered office

David Lloyd West End
242 Netherton Road
Glasgow
G13 1BJ
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-15
Last: 2025-06-01

Officers (3 active · 0 resigned)

LISK, Stuart→
secretary · appointed 2009-06-01
View their other companies + combined net worth →
Active
GRAY, Jordan→
director · ~45y · appointed 2009-06-01
View their other companies + combined net worth →
Active
LISK, Stuart Mckinnon→
director · ~41y · appointed 2009-06-01
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property24/08/2020—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (56 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-10
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-10
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-11
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-09-15
confirmation-statement-with-updates
confirmation-statement · CS01
2020-07-06
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-26
confirmation-statement-with-updates
confirmation-statement · CS01
2019-06-03