THIRST CRAFT LTD

🌳Matureactive
SC511679 · ltd · incorporated 2015-07-27
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 Jul 2025
Net worth
£686.1k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Advertising agencies
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (76/100)

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
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
Network not yet resolved
30
Filing history
42 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 · FRS 102
Positive net assets
Net assets £686,129

Key financials

2 years extracted from filed iXBRL accounts
Cash
£319k
Net Worth
£686k
Current Assets
£1.1m
Current Liabilities
—
£0£227k£454k£682k£909k£1.1mJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31
Total assets£710.1k—
Current assets£1.14M—
Cash£319.3k—
Debtors£816.6k—
Net assets£686.1k—

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-27
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  3. 2025-08-27
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  4. 2025-07-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-07-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-04-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-04-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-04-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-04-17
    📄
    memorandum-articles
    incorporation · MA
  10. 2023-04-12
    📄
    capital-name-of-class-of-shares
    capital · SH08
  11. 2023-04-06
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2023-03-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2023-03-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2023-02-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2023-02-22
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  16. 2023-02-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2022-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-03-22
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2021-03-08
    📄
    capital-allotment-shares
    capital · SH01
  20. 2021-02-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2015-07-27
    🏢
    Company incorporated
    As THIRST CRAFT LTD
  22. 2015-07-27
    ➕
    BURNS, Matthew Stephen appointed
    secretary
  23. 2015-07-27
    ➕
    BLACK, Christopher John appointed
    director
  24. 2015-07-27
    ➕
    BURNS, Matthew Stephen appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

41/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • 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

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 Matthew Stephen Burns
Individual · Australian · DOB 05/1985 · age 41
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mr Christopher John Black
Individual · British · DOB 01/1989 · age 37
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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

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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
Incorporated2015-07-27
Jurisdictionscotland
Primary SIC73110 — Advertising agencies

Registered office

93 West George Street
Glasgow
G2 1PB
Scotland

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-08-02
Last: 2025-07-19

Officers (3 active · 0 resigned)

BURNS, Matthew Stephen→
secretary · appointed 2015-07-27
View their other companies + combined net worth →
Active
BLACK, Christopher John→
director · ~37y · appointed 2015-07-27
View their other companies + combined net worth →
Active
BURNS, Matthew Stephen→
director · ~41y · appointed 2015-07-27
View their other companies + combined net worth →
Active

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

Recent filings (42 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-27
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-08-27
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-02
change-person-director-company-with-change-date
officers · CH01
2025-07-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-25
confirmation-statement
confirmation-statement · CS01
2024-07-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-21
memorandum-articles
incorporation · MA
2023-04-17
capital-name-of-class-of-shares
capital · SH08
2023-04-12
resolution
resolution · RESOLUTIONS
2023-04-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-08