EXHALE VAPE CO LIMITED
🏛️Establishedactive
SC612525 · ltd · incorporated 2018-11-02
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 Nov 2024
Net worth
£28.7k
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: SIC 47260
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 47789Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
Investor take
PursueAsset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 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, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £28,663
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£29k
↑ 76% YoY
Current Assets
£53k
↑ 71% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £45.8k | £37.2k |
| Current assets | £52.7k | £30.8k |
| Net assets | £28.7k | £16.3k |
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
- 2025-04-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-05📄change-person-director-companyofficers · CH01
- 2024-09-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-08-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-06-24📄capital-allotment-sharescapital · SH01
- 2024-06-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-06-17📄change-person-director-company-with-change-dateofficers · CH01
- 2024-06-17📄change-person-director-company-with-change-dateofficers · CH01
- 2024-06-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-06-17✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-07-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-07-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-06-02➖WILSON, Gareth resigneddirector
- 2020-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-11-02🏢Company incorporatedAs EXHALE VAPE CO LIMITED
- 2018-11-02➕GRAY, Lewis Henry appointeddirector
- 2018-11-02➕MCEWEN, Dillon James John appointeddirector
- 2018-11-02➕WILSON, Gareth appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
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
1 med ·Name changed recently
mediumName changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2024-06-17: certificate-change-of-name-company
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Lewis Henry Gray Individual · British · DOB 02/1993 · age 33 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 02/11/2018 |
Mr Dillon James John Mcewen Individual · Scottish · DOB 11/1992 · age 34 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 02/11/2018 |
1 historic (ceased) PSC
- Mr Gareth Wilsonceased 27/09/2021· 25-50% shares · 25-50% voting · board control
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
Active · Retail · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FARRUKH RIZWAN LTD→ SC671663 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| FASHIONNEW PRO LIMITED→ SC881444 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| FDIRECT LTD→ SC668461 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| FESTIVAL FRINGE TRADING LIMITED→ SC130813 · est 1991 · no financials extracted | — | — | — | — | 35y | — | — |
| FIT FOR PURPOSE GOLF LTD→ SC777628 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| FITZGERALDS VINTAGE EMPORIUM LTD→ SC784785 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| FKA HNL LTD→ SC646493 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| FLOWERS INC. LTD.→ SC690901 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| FLUSH AND FRESH LTD→ SC883885 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| FOG'S TABLETOP GAMES LIMITED→ SC882100 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| FOOTWORKS (EDINBURGH) LIMITED→ SC255915 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| FOREVER SPACE LIMITED→ SC509161 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated2018-11-02
Jurisdictionscotland
Primary SIC47260 — SIC 47260
Registered office
60 Constitution Street
Edinburgh
Lothian
EH6 6RR
Scotland
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-07-08
Last: 2025-06-24
Officers (2 active · 1 resigned)
GRAY, Lewis Henry→
Activedirector · ~33y · appointed 2018-11-02
View their other companies + combined net worth →
MCEWEN, Dillon James John→
Activedirector · ~34y · appointed 2018-11-02
View their other companies + combined net worth →
WILSON, Gareth→
Resigneddirector · ~35y · appointed 2018-11-02 · resigned 2021-06-02
Click a director name to see their full track record across all companies.
Recent filings (31 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-02
change-person-director-company
officers · CH01
2024-09-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-24
capital-allotment-shares
capital · SH01
2024-06-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-24
change-person-director-company-with-change-date
officers · CH01
2024-06-17
change-person-director-company-with-change-date
officers · CH01
2024-06-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-17
certificate-change-of-name-company
change-of-name · CERTNM
2024-06-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-02