BASUS HOME LIMITED

🏛️Establishedactive
SC584878 · ltd · incorporated 2018-01-05
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
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Turnover
year to Jun 2024
Net worth
£-21.1k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 77/100 (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 (73/100).

Data confidence

Overall: medium (79/100)

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 (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £21,113

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£21k
Current Assets
£133k
Current Liabilities
-£21k£10k£41k£71k£102k£133kJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-06-302023-06-30
Total assets£18.6k
Current assets£133.0k
Net assets£-21.1k

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 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-05
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  3. 2025-03-05
    📄
    capital-name-of-class-of-shares
    capital · SH08
  4. 2025-02-28
    📄
    memorandum-articles
    incorporation · MA
  5. 2025-02-28
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2025-02-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-02-21
    MILLIGAN, Alison appointed
    director
  8. 2024-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-02-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-01-30
    LAMB, Douglas Kirk resigned
    secretary
  13. 2020-01-30
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2019-12-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2019-12-02
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  16. 2019-09-03
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  17. 2019-09-03
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2019-04-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2018-01-05
    🏢
    Company incorporated
    As BASUS HOME LIMITED
  20. 2018-01-05
    LAMB, Scott Alexander appointed
    director
  21. 2018-01-05
    LAMB, Douglas Kirk appointed
    secretary

Owner dependency

66/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Scott Alexander Lamb
Individual · British · DOB 09/1965 · age 61
75100%
75–100%board control75-100% shares · 75-100% voting · board control05/01/2018

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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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
Incorporated2018-01-05
Jurisdictionscotland
Primary SIC47599 — Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores

Registered office

162 - 162a Fenwick Road
Giffnock
Glasgow
G46 6XF
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2027-03-13
Last: 2026-02-27

Officers (2 active · 1 resigned)

LAMB, Scott Alexander
director · ~61y · appointed 2018-01-05
View their other companies + combined net worth →
Active
MILLIGAN, Alison
director · ~63y · appointed 2025-02-21
View their other companies + combined net worth →
Active
LAMB, Douglas Kirk
secretary · appointed 2018-01-05 · resigned 2020-01-30
Resigned

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

Recent filings (26 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-30
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-03-05
capital-name-of-class-of-shares
capital · SH08
2025-03-05
memorandum-articles
incorporation · MA
2025-02-28
resolution
resolution · RESOLUTIONS
2025-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-27
appoint-person-director-company-with-name-date
officers · AP01
2025-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-18
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-24