RAINBOW STEPS NURSERY LIMITED

🏛️Establishedactive
SC603336 · ltd · incorporated 2018-07-23
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 7.0y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2024
Net worth
£-19.6k
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Pre-primary education
Sector: Education
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (strong), bankability 80/100. 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).

🏦

Refinance opportunity

1 live charge · oldest 7.0y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 7.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
1 charges (1/1 with lender, 1/1 with type)
90
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
5 connected companies via shared directors
60
Filing history
23 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
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £19,610
Net assets shrinking
Down £74,435 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£20k
↓ 136% YoY
Current Assets
£64k
↑ 5.8% YoY
Current Liabilities
-£20k-£3k£14k£31k£47k£64kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-312023-07-31
Total assets£-14.5k£60.3k
Current assets£64.3k£60.8k
Net assets£-19.6k£54.8k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-10-18
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-10-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2025-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-07-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2024-07-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-07-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2024-01-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2024-01-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2024-01-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  10. 2022-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-07-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-07-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2021-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-07-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-04-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2019-04-18
    🔒
    Charge registered #1
    Lender: Barclays Security Trustee Limited
  17. 2018-07-23
    🏢
    Company incorporated
    As RAINBOW STEPS NURSERY LIMITED
  18. 2018-07-23
    LI, Kun appointed
    director
  19. 2018-07-23
    LI, Marilyn Yik Lynn appointed
    director
  20. 2018-07-23
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

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

Black Pony Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Black Pony Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
RAINBOW STEPS NURSERY LIMITED
This company · SC603336

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
Black Pony Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control23/07/2018

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
Incorporated2018-07-23
Jurisdictionscotland
Primary SIC85100 — Pre-primary education

Registered office

9 Royal Crescent
Glasgow
G3 7SP
Scotland

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-08-05
Last: 2025-07-22

Officers (2 active · 0 resigned)

LI, Kun
director · ~38y · appointed 2018-07-23
View their other companies + combined net worth →
Active
LI, Marilyn Yik Lynn
director · ~32y · appointed 2018-07-23
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge18/04/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (23 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2025-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-17
gazette-notice-compulsory
gazette · GAZ1
2025-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-30
gazette-filings-brought-up-to-date
gazette · DISS40
2024-07-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-11
gazette-notice-compulsory
gazette · GAZ1
2024-07-02
change-person-director-company-with-change-date
officers · CH01
2024-01-12
change-person-director-company-with-change-date
officers · CH01
2024-01-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-27