THISTLE PSYCHOLOGY SERVICES LTD
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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: strategic trade sale (65/100).
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £129 | £-511 |
| Current assets | £3.6k | £672 |
| Net assets | £129 | £-511 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (16 events)Click to expand
- 2025-09-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-07-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-07-25📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2018-01-27📄gazette-filings-brought-up-to-dategazette · DISS40
- 2018-01-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-01-23📄gazette-notice-compulsorygazette · GAZ1
- 2017-08-31📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-02-23🏢Company incorporatedAs THISTLE PSYCHOLOGY SERVICES LTD
- 2016-02-23➕RASHID, Naheed, Dr appointeddirector
- 2016-02-23📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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 |
|---|---|---|---|---|
Dr Naheed Rashid Individual · British · DOB 08/1969 · age 57 | 75–100% | — | 75-100% shares | 06/04/2016 |
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.
See pricing →Similar companies
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| SUMMIT HEALTHCARE (WISHAW) LIMITED→ SC182649 · est 1998 | £14.49M £10.43M–£18.54M | — | — | 0 | 28y | 84 | 60y |
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| CRANSTON NURSERIES LIMITED→ SC253519 · est 2003 | — | — | £360.3k | — | 22y | 83 | 76y |
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| ELDER HOMES LIMITED→ SC154896 · est 1994 · no financials extracted | — | — | — | — | 31y | 83 | 80y |
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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 →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 (1 active · 0 resigned)
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