FURNITURE HOMEWARE AND LEISURE GROUP LTD.

💤Zombieactive
SC615861 · ltd · incorporated 2018-12-11
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
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Turnover
year to Dec 2024
Net worth
£172.4k
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Special-situation opportunity
Distressed trade-services with salvageable qualities — special-situations priority.

Opportunity 64/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £172,363

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£172k
↑ 4.7% YoY
Current Assets
£32k
↓ 67% YoY
Current Liabilities
£0£34k£69k£103k£138k£172kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£172.4k£164.6k
Current assets£32.1k£98.6k
Net assets£172.4k£164.6k

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

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 (25 events)Click to expand
  1. 2025-01-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2024-10-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-08-06
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  5. 2024-07-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2024-05-10
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2024-05-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-12-08
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  9. 2023-11-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2023-07-15
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2023-07-07
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  12. 2023-06-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2023-03-29
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  14. 2023-03-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  15. 2023-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2023-02-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  17. 2022-08-09
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  18. 2022-07-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  19. 2022-02-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  20. 2022-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2021-12-09
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  22. 2019-04-12
    ROWE, Floyd appointed
    director
  23. 2019-04-12
    VETTRAINO, Michelle resigned
    director
  24. 2018-12-11
    🏢
    Company incorporated
    As FURNITURE HOMEWARE AND LEISURE GROUP LTD.
  25. 2018-12-11
    VETTRAINO, Michelle appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-26

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Floyd Rowe
Individual · British · DOB 01/1979 · age 47
sig. influencesignificant influence12/04/2019
1 historic (ceased) PSC
  • Michelle Vettrainoceased 12/04/2019· significant influence

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Available from the Pro tier upwards.

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Company details

Statusactive
Typeltd
Incorporated2018-12-11
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

101 Rose Street Lane Rose Street South Lane
Edinburgh
EH2 3JG
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-04-26OVERDUE
Last: 2025-04-12

Officers (1 active · 1 resigned)

ROWE, Floyd
director · ~47y · appointed 2019-04-12
View their other companies + combined net worth →
Active
VETTRAINO, Michelle
director · ~54y · appointed 2018-12-11 · resigned 2019-04-12
Resigned

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

Recent filings (39 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-29
gazette-filings-brought-up-to-date
gazette · DISS40
2024-10-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-11
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-08-06
gazette-notice-compulsory
gazette · GAZ1
2024-07-02
gazette-filings-brought-up-to-date
gazette · DISS40
2024-05-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-09
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-12-08
gazette-notice-compulsory
gazette · GAZ1
2023-11-28
gazette-filings-brought-up-to-date
gazette · DISS40
2023-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-13
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-07-07
gazette-notice-compulsory
gazette · GAZ1
2023-06-27