FIRST POINT SCOTLAND LTD
Opportunity 69/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).
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 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-6.3k | £-39.4k |
| Current assets | £40.8k | £28.9k |
| Cash | £38.4k | £28.1k |
| Debtors | £2.4k | £776 |
| Net assets | £-6.3k | £-39.4k |
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 accounts
Corporate timeline (16 events)Click to expand
- 2025-11-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-16📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-16📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-11-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-11-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-03-21🏢Company incorporatedAs FIRST POINT SCOTLAND LTD
- 2017-03-21➕MYLCHREEST, Sharon Marion appointeddirector
- 2017-03-21➕YOUSEF-NEJAD, Kamran appointeddirector
- 2017-03-21📄incorporation-companyincorporation · NEWINC
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.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-04-18
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Sharon Mylchreest Individual · British · DOB 09/1960 · age 66 | 50–75% | — | board control50-75% shares · board control | 21/03/2017 |
Mr Kamran Yousef-Nejad Individual · British · DOB 04/1959 · age 67 | 50–75% | — | board control50-75% shares · board control | 21/03/2017 |
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
Active · Trade services · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ESP ADMINISTRATION SERVICES LIMITED→ SC719995 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| FOODWISE TRAINING LTD→ SC372379 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| FORTH BUSINESS PROCESS SERVICES LTD→ SC769169 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| FRIENDS OF KIPPEN KIRK→ SC247618 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| FURNELL CONSULTANT PSYCHOLOGIST LIMITED→ SC332782 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| GALLAGHER AND DALY LTD→ SC406620 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| GENT SECURITY LTD→ SC529301 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| GIFT ROUND LIMITED→ SC515352 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| GKR SUNBEDS LIMITED→ SC811852 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GLEN OGLE PARTNERS LTD→ SC668893 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| GLO TANNING FALKIRK LTD→ SC787752 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| GLOBAL INDUSTRIES 1066 LTD→ SC613293 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
8 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 · 0 resigned)
Click a director name to see their full track record across all companies.