THE HANDMADE SHORTBREAD CO. LTD

🌳Matureactive

SC423988 · ltd · incorporated 2012-05-14

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 Dec 2024

Net worth

£225.3k

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: SIC 10890

Sector: Manufacturing

Investor take

Pursue

Asset-holding vehicle with a 66-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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, 1 SIC codes, incorporation date

100

Financials

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 3 total, 3 with control declared

Director network

Network not yet resolved

Filing history

39 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £225,332

Key financials

1 year extracted from filed iXBRL accounts

Cash

£22k

Net Worth

£225k

Current Assets

£237k

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31
Total assets	£258.9k
Current assets	£237.1k
Cash	£21.9k
Debtors	£196.1k
Net assets	£225.3k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2025-11-24
📄
change-account-reference-date-company-current-extended
accounts · AA01
2025-09-22
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-06-13
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-06-13
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-06-13
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-09-26
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-04-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-22
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-09-24
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-09-29
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-10-31
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-10-11
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-09-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-08-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-09-29
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-08-20
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2012-05-14
🏢
Company incorporated
As THE HANDMADE SHORTBREAD CO. LTD
2012-05-14
➕
PARK, Janice appointed
director
2012-05-14
➕
PARK, Thomas appointed
director

Owner dependency

86/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Founder age: Director aged approximately 66 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

69/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 14 years.
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

Name	Shares	Voting rights	Nature of control	Notified
Mrs Janice Park Individual · Scottish · DOB 05/1960 · age 66	25–50%	—	25-50% shares	14/05/2025
Mr Thomas Park Individual · Scottish · DOB 01/1960 · age 66	25–50%	—	25-50% shares	14/05/2025

1 historic (ceased) PSC

William Samuelceased 14/05/2025· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Food & drink · ML postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
DAVIDSON BROTHERS (SHOTTS) LIMITED→ SC025270 · est 1947	£13.67M £10.07M–£17.27M	—	—	69	79y	84	79y
BLAIRMHOR DISTILLERS LIMITED→ SC140080 · est 1992	—	—	£0	—	33y	83	77y
LAZY DAY FOODS LIMITED→ SC298222 · est 2006	—	—	£2.52M	—	20y	83	71y
CENTRAL BAKERY SUPPLIES LTD.→ SC370821 · est 2010	—	—	—	900	16y	82	65y
GARDINERS OF SCOTLAND LIMITED→ SC207381 · est 2000	—	—	£2.80M	—	25y	82	85y
BRAND NEW CAKE LIMITED→ SC379264 · est 2010	—	—	—	—	15y	80	61y
CAMPBELLS FUDGE LIMITED→ SC394263 · est 2011	—	—	—	200	15y	80	62y
DENHOLM BAKERS LTD→ SC358592 · est 2009	—	—	£149.5k	—	17y	80	74y
INVER HOUSE DISTILLERS LIMITED→ SC040036 · est 1964 · no financials extracted	—	—	—	—	62y	80	72y
JINXY LIMITED→ SC254032 · est 2003	—	—	£56.3k	—	22y	80	72y
KERR'S BAKERY LIMITED→ SC294053 · est 2005	—	—	—	50	20y	80	60y
LIGHTBODY HOLDINGS LIMITED→ SC194711 · est 1999 · no financials extracted	—	—	—	—	27y	80	64y

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

Incorporated2012-05-14

Jurisdictionscotland

Primary SIC10890 — SIC 10890

Registered office

Oakfield House

378 Brandon Street

Motherwell

ML1 1XA

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-05-28

Last: 2025-05-14

Officers (2 active · 0 resigned)

PARK, Janice→

director · ~66y · appointed 2012-05-14

View their other companies + combined net worth →

Active

PARK, Thomas→

director · ~66y · appointed 2012-05-14

View their other companies + combined net worth →

Active

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

Recent filings (39 total)

change-account-reference-date-company-current-extended

accounts · AA01

2025-11-24

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2025-09-22

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2025-06-13

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2025-06-13

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2025-06-13

confirmation-statement-with-updates

confirmation-statement · CS01

2025-05-28

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2024-09-26

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-05-16

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-05-26

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-04-05

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2022-09-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-05-20

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2021-09-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-05-18

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2020-09-29