FINANCIAL SUCCESSION LIMITED

🏛️Establishedactive
SC626642 · ltd · incorporated 2019-04-03
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
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Turnover
year to Apr 2025
Net worth
£1.06M
book net assets
Opportunity
63/100
Worth a look
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What this business does
Primary activity: Other activities auxiliary to financial services, except insurance and pension funding
Sector: Financial & insurance
ALSO REGISTERED FOR
  • 66290Other activities auxiliary to insurance and pension funding
Investor take
Special-situation opportunity
Distressed financial-services with salvageable qualities — special-situations priority.

Opportunity 63/100 (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: strategic trade sale (65/100).

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
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
1 connected companies via shared directors
48
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
64
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 £1,058,161
Cash YoY
+138%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£224k
↑ 138% YoY
Net Worth
£1.1m
↑ 13% YoY
Current Assets
£461k
↑ 42% YoY
Current Liabilities
£0£212k£423k£635k£847k£1.1mApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£1.06M£1.00M
Current assets£461.0k£324.4k
Cash£224.5k£94.4k
Debtors£236.6k£230.0k
Net assets£1.06M£935.6k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-01-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-10-20
    📄
    capital-alter-shares-subdivision
    capital · SH02
  3. 2025-10-14
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  4. 2025-10-13
    📄
    capital-name-of-class-of-shares
    capital · SH08
  5. 2025-10-10
    📄
    memorandum-articles
    incorporation · MA
  6. 2025-10-10
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2025-06-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2025-06-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2025-06-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2025-06-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2025-06-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2024-11-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2024-11-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2024-11-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2024-08-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2024-05-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2024-05-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2023-10-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2023-03-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2023-02-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2022-06-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2019-04-03
    🏢
    Company incorporated
    As FINANCIAL SUCCESSION LIMITED
  23. 2019-04-03
    DAVIDSON, Joanne appointed
    director
  24. 2019-04-03
    KNOX, Alan Robert appointed
    director

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 7 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

1 high · 1 low
Confirmation statement overdue
high

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

Evidence: Next due: 2026-04-16

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ms Joanne Davidson
Individual · British · DOB 12/1981 · age 45
2550%
25–50%board control25-50% shares · 25-50% voting · board control03/04/2019
Mr Alan Robert Knox
Individual · British · DOB 03/1978 · age 48
2550%
25–50%board control25-50% shares · 25-50% voting · board control03/04/2019

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

7 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
Incorporated2019-04-03
Jurisdictionscotland
Primary SIC66190 — Other activities auxiliary to financial services, except insurance and pension funding

Registered office

2nd Floor, 22-24 Blythswood Square
Glasgow
G2 4BG
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-04-16OVERDUE
Last: 2025-04-02

Officers (2 active · 0 resigned)

DAVIDSON, Joanne
director · ~45y · appointed 2019-04-03
View their other companies + combined net worth →
Active
KNOX, Alan Robert
director · ~48y · appointed 2019-04-03
View their other companies + combined net worth →
Active

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

Recent filings (43 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-05
capital-alter-shares-subdivision
capital · SH02
2025-10-20
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-10-14
capital-name-of-class-of-shares
capital · SH08
2025-10-13
memorandum-articles
incorporation · MA
2025-10-10
resolution
resolution · RESOLUTIONS
2025-10-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-20
change-person-director-company-with-change-date
officers · CH01
2025-06-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-20
change-person-director-company-with-change-date
officers · CH01
2025-06-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-02
change-person-director-company-with-change-date
officers · CH01
2024-11-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-28