THISTLE AND HEART LTD

🌳Matureactive
SC525283 · ltd · incorporated 2016-01-27
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 Apr 2025
Net worth
£1.3k
book net assets
Opportunity
74/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

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. Most likely exit: share sale to pe / searcher (58/100).

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
2 officers (2 active, 2 linked, 2 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
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
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 declared
Positive net assets
Net assets £1,328

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£1k
↑ 33% YoY
Current Assets
—
Current Liabilities
—
£0£266£531£797£1k£1kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-052024-04-05
Total assets£1.3k£1.0k
Net assets£1.3k£1.0k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-01-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-01-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-01-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-10-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-01-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-04-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-05-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2020-01-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-09-27
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2019-01-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-10-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-04-26
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  14. 2016-01-27
    🏢
    Company incorporated
    As THISTLE AND HEART LTD
  15. 2016-01-27
    ➕
    MCMEEKIN, Lauren Jane appointed
    director
  16. 2016-01-27
    ➕
    MCMEEKIN, Robbie James appointed
    director
  17. 2016-01-27
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mrs Lauren Jane Mcmeekin
Individual · Scottish · DOB 10/1986 · age 40
——sig. influencesignificant influence · firm interest06/04/2016

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

Similar companies

Active · Retail · PH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BROOMHALL LIMITED→
SC183103 · est 1998
———2928y8363y
D M (AGRI-SUPPLIES) LTD→
SC253917 · est 2003
———322y8364y
THE CORPORATE CHRISTMAS TREE COMPANY LIMITED→
SC183535 · est 1998
———1528y8358y
ABERLOUR FILLING STATION LIMITED→
SC263273 · est 2004
———022y8258y
BELINDA ROBERTSON RETAIL LIMITED→
SC234891 · est 2002
——£306.2k—23y8267y
BRAIDPARK LTD.→
SC239372 · est 2002
——£3.2k—23y8275y
REN ET VOIGT LIMITED→
SC283336 · est 2005 · no financials extracted
————20y——
RESTART LOCHABER COMMUNITY INTEREST COMPANY→
SC627206 · est 2019 · no financials extracted
————7y——
THE HORSE SHOP LTD→
SC860586 · est 2025 · no financials extracted
———————
THE STRATHEARN GALLERY LIMITED→
SC446644 · est 2013 · no financials extracted
————13y——
TOUCH OF ASIA LTD→
SC857770 · est 2025 · no financials extracted
———————
VAPE & CANDY LTD→
SC779882 · est 2023 · no financials extracted
————2y——
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
Incorporated2016-01-27
Jurisdictionscotland
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

20 Croll Gardens
Perth
PH1 0AD
Scotland

Filing status

Accounts
Next due: 2027-01-05
Last made up to: 2025-04-05
Confirmation statement
Next due: 2027-02-09
Last: 2026-01-26

Officers (2 active · 0 resigned)

MCMEEKIN, Lauren Jane→
director · ~40y · appointed 2016-01-27
View their other companies + combined net worth →
Active
MCMEEKIN, Robbie James→
director · ~40y · appointed 2016-01-27
View their other companies + combined net worth →
Active

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

Recent filings (24 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-27
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-28
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-06