FRESH START INSOLVENCY LIMITED
🏛️Establishedactive
SC606381 · ltd · incorporated 2018-08-25
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 7.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
£145.9k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (65/100).
🏦
Refinance opportunity
1 live charge · oldest 7.3y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 7.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (83/100)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
2 active PSC(s) of 2 total, 2 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
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 declaredPositive net assets
Net assets £145,915
Key financials
2 years extracted from filed iXBRL accountsCash
£13k
Net Worth
£146k
↑ 5.3% YoY
Current Assets
£80k
↓ 81% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £148.2k | £138.6k |
| Current assets | £80.2k | £422.0k |
| Cash | £13.4k | — |
| Debtors | £66.8k | — |
| Net assets | £145.9k | £138.6k |
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 (23 events)Click to expand
- 2025-05-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-05-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-08-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-08-25📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-08-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-26📄gazette-notice-compulsorygazette · GAZ1
- 2021-09-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-05-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-10📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-10-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-09-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-01-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-01-28🔓Charge satisfied #1
- 2019-05-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-01-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-01-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-12-29🔒Charge registered #1Lender: Strathclyde Investments Limited
- 2018-10-29➕BENNETT, Michelle Marie appointeddirector
- 2018-08-25🏢Company incorporatedAs FRESH START INSOLVENCY LIMITED
- 2018-08-25➕ALBALAD, Jose Ramon appointeddirector
Owner dependency
63/100
High — earn-out structure requiredMaterial 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 signalLimited 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Michelle Marie Bennett Individual · British · DOB 11/1983 · age 43 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/08/2021 |
Mr Jose Ramon Albalad Individual · Spanish · DOB 07/1975 · age 51 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 25/08/2018 |
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| HAIG CONSORTIUM LTD→ SC663066 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| HALO ASSIST LIMITED→ SC442224 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| HLN CONSULTANCY LIMITED→ SC446607 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| I C LOANS LIMITED→ SC254258 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| INVESTAX LIMITED→ SC222930 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| ISLAMIC FINANCE COUNCIL UK LIMITED→ SC347666 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| J C ROXBURGH (INSURANCE BROKERS) LTD→ SC417217 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| J. MCGHEE (FINANCIAL CONSULTANT) LTD.→ SC299913 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| J&D FINANCIAL ADVICE SERVICE LIMITED→ SC621721 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| JACOBS TWO LIMITED→ SC580155 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| JOHN PATON (INSURANCE SERVICES) LIMITED→ SC101060 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| JRI FINANCE LTD→ SC862370 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2018-08-25
Jurisdictionscotland
Primary SIC64999 — Financial intermediation not elsewhere classified
Registered office
Buchanan Business Park Suite 12. Cumbernauld Road
Stepps
Glasgow
G33 6HZ
Scotland
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-07
Last: 2025-08-24
Officers (2 active · 0 resigned)
ALBALAD, Jose Ramon→
Activedirector · ~51y · appointed 2018-08-25
View their other companies + combined net worth →
BENNETT, Michelle Marie→
Activedirector · ~43y · appointed 2018-10-29
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Strathclyde Investments Strathclyde Investments Limited | A registered charge | — | 29/12/2018 | 28/01/2020 |
Recent filings (27 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-28
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-08-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-29
gazette-filings-brought-up-to-date
gazette · DISS40
2022-08-25
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-24
gazette-notice-compulsory
gazette · GAZ1
2022-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-10
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-25