RACHEL MCGREAD LIMITED
💤Zombieactive
SC474524 · ltd · incorporated 2014-04-04
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 Apr 2025
Net worth
£-10.0k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Hairdressing and other beauty treatment
Sector: Other service activities
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -98% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (78/100)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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £10,037
Net assets shrinking
Down £10,137 YoY
Cash draining
Cash down 98% YoY
Cash YoY
-98%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£200
↓ 98% YoY
Net Worth
-£10k
↓ 10137% YoY
Current Assets
£8k
↓ 58% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £-9.7k | £4.9k |
| Current assets | £8.1k | £19.1k |
| Cash | £200 | £12.9k |
| Debtors | £4.9k | £3.1k |
| Net assets | £-10.0k | £100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2026-01-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-27📄legacymiscellaneous · RPCH01
- 2025-01-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-01-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-07📄change-person-director-company-with-change-dateofficers · CH01
- 2021-07-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-06-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-03-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-10-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-04-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-08-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-01-19📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-04-04🏢Company incorporatedAs RACHEL MCGREAD LIMITED
- 2014-04-04➕MACDONALD, Rachel Ellen appointeddirector
Owner dependency
80/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
58/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 12 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Rachel Ellen Macdonald Individual · Scottish · DOB 09/1986 · age 40 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 15/05/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Trade services · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| PREMIER PROMOTIONS LTD→ SC844479 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| PREP FITNESS KITCHEN LIMITED→ SC549054 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| PURE PROPERTY SERVICES SCOTLAND LTD→ SC866975 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| QSI CONSULTING LTD→ SC629998 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| R C DALGLIESH LIMITED→ SC333124 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| R FORSYTH LTD→ SC401116 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| REDWOOD GP1 LTD→ SC868681 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| REM JAMAL LTD→ SC509813 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| RESET MOTION LIMITED→ SC675657 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| RESOURCE ADMIN SOLUTIONS LTD→ SC695879 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| RESTORE-IT (SCOTLAND) LTD→ SC711043 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| RESTYLED EK LTD→ SC650587 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2014-04-04
Jurisdictionscotland
Primary SIC96020 — Hairdressing and other beauty treatment
Registered office
1 Cambuslang Court
Cambuslang
Glasgow
Strathclyde
G32 8FH
United Kingdom
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-05-29
Last: 2025-05-15
Officers (1 active · 0 resigned)
MACDONALD, Rachel Ellen→
Activedirector · ~40y · appointed 2014-04-04
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (31 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-16
legacy
miscellaneous · RPCH01
2025-01-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-16
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-07
change-person-director-company-with-change-date
officers · CH01
2021-07-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-07-07
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-06-22