THORBURN HOLDINGS LIMITED
Opportunity 70/100 (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: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (72/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2024-11-30 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
4 signals 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
Corporate timeline (27 events)Click to expand
- 2025-09-04📄legacyaccounts · PARENT_ACC
- 2025-08-28📄accounts-with-accounts-type-groupaccounts · AA
- 2025-08-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-06-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-05-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-04-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-08📄memorandum-articlesincorporation · MA
- 2025-04-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-04-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-04-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-04➕THORBURN, Aynsley Ann appointeddirector
- 2025-04-04➖MORRIS, Philip John Douglas resigneddirector
- 2025-04-04➖THORBURN, Alistair Ewart resigneddirector
- 2025-03-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-29📄accounts-with-accounts-type-groupaccounts · AA
- 2024-08-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-15📄accounts-with-accounts-type-groupaccounts · AA
- 2023-11-15📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-10-31📄gazette-notice-compulsorygazette · GAZ1
- 2023-08-01📄change-person-director-company-with-change-dateofficers · CH01
- 2022-11-30📄accounts-with-accounts-type-groupaccounts · AA
- 2022-10-04📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-07-15📄change-person-director-company-with-change-dateofficers · CH01
- 2021-06-04➕MORRIS, Philip John Douglas appointeddirector
- 2021-04-27🏢Company incorporatedAs THORBURN HOLDINGS LIMITED
- 2021-04-27➕THORBURN, Euan Robert appointeddirector
- 2021-04-27➕THORBURN, Alistair Ewart appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "THORBURN" — strong identity link between founder and business.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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
1 lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Group structure
Craigvinean Limited 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 |
|---|---|---|---|---|
Craigvinean Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 04/04/2025 |
2 historic (ceased) PSCs
- Mr Euan Robert Thorburnceased 04/04/2025· 50-75% shares · 50-75% voting
- Mr Alistair Ewart Thorburnceased 04/06/2021· 75-100% shares · 75-100% voting
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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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 · 2 resigned)
Click a director name to see their full track record across all companies.