FOOTLIGHTS EDINBURGH LTD
Opportunity 74/100 (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 -84% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £-6.1k | £47.7k |
| Current assets | £63.7k | £76.1k |
| Cash | £6.2k | £38.6k |
| Debtors | £46.5k | £27.0k |
| Net assets | £-32.5k | £8.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
Corporate timeline (20 events)Click to expand
- 2025-05-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-02-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-12-12➕RUSSELL, Anthea Joan appointeddirector
- 2022-07-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-09📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-10-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-28📄gazette-notice-compulsorygazette · GAZ1
- 2021-02-16📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-01-13📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2021-01-05📄gazette-notice-compulsorygazette · GAZ1
- 2020-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-21➖RUSSELL, Anthea Joan resigneddirector
- 2014-09-05🏢Company incorporatedAs FOOTLIGHTS EDINBURGH LTD
- 2014-09-05➕RUSSELL, Lee appointeddirector
- 2014-09-05➕RUSSELL, Anthea Joan appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Lee Russell Individual · British · DOB 08/1973 · age 53 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 05/09/2016 |
1 historic (ceased) PSC
- Mrs Anthea Joan Russellceased 21/08/2017· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (2 active · 1 resigned)
Click a director name to see their full track record across all companies.