BRACEY'S ACCOUNTANTS (EDINBURGH) LIMITED

🏛️Establishedactive
SC592666 · ltd · incorporated 2018-03-27
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
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£-10.9k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Accounting and auditing activities
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (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: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
10 connected companies via shared directors
75
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
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
Negative net assets
Liabilities exceed assets by £10,929

Key financials

2 years extracted from filed iXBRL accounts
Cash
£18k
Net Worth
-£11k
Current Assets
£85k
Current Liabilities
—
-£11k£8k£27k£47k£66k£85kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£-8.5k—
Current assets£84.9k—
Cash£18.2k—
Debtors£66.7k—
Net assets£-10.9k—
Average employees—600

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

🔒Filing-note intelligence

3 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

Last 30 days
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-10-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  3. 2025-03-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-10-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-07-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-06-01
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2023-03-17
    📄
    memorandum-articles
    incorporation · MA
  9. 2022-10-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-07-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2021-10-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-05-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2019-09-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-05-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2018-04-06
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  17. 2018-03-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2018-03-27
    🏢
    Company incorporated
    As BRACEY'S ACCOUNTANTS (EDINBURGH) LIMITED
  19. 2018-03-27
    ➕
    BRACEY, Peter Gordon appointed
    director
  20. 2018-03-27
    ➕
    MCGUCKIN, Kirsty appointed
    director
  21. 2018-03-27
    ➕
    PGB ASSET HOLDING LIMITED appointed
    corporate-director
  22. 2018-03-27
    ➖
    PGB ASSET HOLDING LIMITED resigned
    corporate-director

Owner dependency

73/100
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.
  • +Founder name in company name: Company name contains director surname "BRACEY" — strong identity link between founder and business.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • 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.)

Group structure

Pgb Asset Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Pgb Asset Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
BRACEY'S ACCOUNTANTS (EDINBURGH) LIMITED
This company · SC592666

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Pgb Asset Holdings Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control27/03/2018

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
Incorporated2018-03-27
Jurisdictionscotland
Primary SIC69201 — Accounting and auditing activities

Registered office

Ground Floor, 112 George Street
Edinburgh
EH2 4LH
United Kingdom

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-04-09
Last: 2026-03-26

Officers (2 active · 1 resigned)

BRACEY, Peter Gordon→
director · ~50y · appointed 2018-03-27
View their other companies + combined net worth →
Active
MCGUCKIN, Kirsty→
director · ~40y · appointed 2018-03-27
View their other companies + combined net worth →
Active
PGB ASSET HOLDING LIMITED→
corporate-director · appointed 2018-03-27 · resigned 2018-03-27
Resigned

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

Recent filings (27 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-03-28
change-person-director-company-with-change-date
officers · CH01
2025-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-25
resolution
resolution · RESOLUTIONS
2023-06-01
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-27
memorandum-articles
incorporation · MA
2023-03-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-19
change-person-director-company-with-change-date
officers · CH01
2022-07-14
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-28