PARROTTO LTD

🏛️Establishedactive
SC690808 · ltd · incorporated 2021-03-01
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 Mar 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Other retail sale in non-specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 1.8y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 1.8 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

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 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees20

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
1
filing
  • 1 persons-with-significant-control
Last 90 days
2
filings
  • 1 persons-with-significant-control
  • 1 confirmation-statement
Last 180 days
3
filings
  • 1 persons-with-significant-control
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-04-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-08-01
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2025-03-28
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  5. 2025-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2025-03-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-03-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2025-03-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2025-03-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2025-03-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2025-03-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2025-03-01
    MCCONNACHIE, Clark appointed
    director
  13. 2024-07-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2024-07-09
    🔒
    Charge registered #1
    Lender: Lloyds Bank Commercial Finance Limited
  15. 2024-02-19
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  16. 2023-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2022-11-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2022-02-18
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  19. 2022-02-18
    📍
    change-sail-address-company-with-new-address
    address · AD02
  20. 2021-03-01
    🏢
    Company incorporated
    As PARROTTO LTD
  21. 2021-03-01
    WYLIE, Ethan Lamond appointed
    director
  22. 2021-03-01
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med · 1 low
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-08-01: certificate-change-of-name-company

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
Mr Clark Mcconnachie
Individual · British · DOB 03/1963 · age 63
2550%
25–50%board control25-50% shares · 25-50% voting · board control01/03/2025
Mr Ethan Lamond Wylie
Individual · British · DOB 05/1990 · age 36
2550%
25–50%board control25-50% shares · 25-50% voting · board control01/03/2021
1 historic (ceased) PSC
  • Ms Yasmine Toshceased 01/03/2025· 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 →

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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
Incorporated2021-03-01
Jurisdictionscotland
Primary SIC47190 — Other retail sale in non-specialised stores

Registered office

Stannergate House 41 Dundee Road West
Broughty Ferry
Dundee
DD5 1NB
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-14
Last: 2026-02-28

Officers (2 active · 0 resigned)

MCCONNACHIE, Clark
director · ~63y · appointed 2025-03-01
View their other companies + combined net worth →
Active
WYLIE, Ethan Lamond
director · ~36y · appointed 2021-03-01
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank Commercial Finance Limited
A registered charge09/07/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (23 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-14
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-16
certificate-change-of-name-company
change-of-name · CERTNM
2025-08-01
change-sail-address-company-with-old-address-new-address
address · AD02
2025-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-28
change-person-director-company-with-change-date
officers · CH01
2025-03-26
appoint-person-director-company-with-name-date
officers · AP01
2025-03-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-03-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-09