BORN IN SCOTLAND STIRLING THISTLES LTD
Opportunity 74/100 (strong), bankability 75/100. 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
2 live charges · 2 lenders · oldest 2.0y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 2.0 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-246.5k | £-183.3k |
| Current assets | £46.5k | £18.9k |
| Net assets | £-246.5k | £-183.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 2 mortgage
- • 2 mortgage
Corporate timeline (16 events)Click to expand
- 2026-03-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-27🔓Charge satisfied #1
- 2026-02-26🔒Charge registered #2Lender: Hilco Real Estate Finance UK LTD
- 2025-08-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-26🔒Charge registered #1Lender: Ukal No 3 Limited
- 2023-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-21📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2020-10-16🏢Company incorporatedAs BORN IN SCOTLAND STIRLING THISTLES LTD
- 2020-10-16➕DUFFY, Nicola Elizabeth Janet appointeddirector
- 2020-10-16➕HENDERSON, John Ronald Ogilvie appointeddirector
- 2020-10-16📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanGroup structure
Born In Scotland Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Born In Scotland Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 16/10/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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|---|---|---|---|---|---|---|---|
| A NOTE FROM NORTHUMBERLAND LTD→ 15143854 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACTION ALLEY LTD→ 08846230 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ARTOLUSO LTD→ 14398098 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BARON DE MUSCHAMP LTD→ 14373270 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BEATSHIELD LTD→ 15754917 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BERWICK FINE WINES LTD→ 14542466 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BORDERS JUNCTION LTD→ 16291496 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BRUCE WHITE INDUSTRIES LTD→ SC663491 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BUTTERFLY MELROSE LTD→ SC681877 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BUY DESIGN GALLERY LIMITED→ SC351793 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| C D THUNDOW AGENCIES LTD→ SC748270 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CARD CO EVENTS LTD→ SC869336 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Hilco Real Estate Finance UK Hilco Real Estate Finance UK LTD | A registered charge | — | 26/02/2026 | — | |
| satisfied | Ukal No 3 Ukal No 3 Limited | A registered charge | — | 26/04/2024 | 27/02/2026 |