NEARLY NOWHERE LIMITED
🌿Early-stageactive
SC708908 · ltd · incorporated 2021-09-08
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-2.9k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other amusement and recreation activities n.e.c.
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)Active trading company. Family succession underway — not a classic acquisition target.
Opportunity 75/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (75/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
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
10 connected companies via shared directors
75
Filing history
17 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
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £2,857
Key financials
1 year extracted from filed iXBRL accountsCash
£1k
Net Worth
-£3k
Current Assets
£5k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 |
|---|---|
| Total assets | £-2.9k |
| Current assets | £5.4k |
| Cash | £1.2k |
| Debtors | £4.2k |
| Net assets | £-2.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
- 2025-05-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-08-23📄resolutionresolution · RESOLUTIONS
- 2024-08-23📄resolutionresolution · RESOLUTIONS
- 2024-08-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-08-22📄capital-name-of-class-of-sharescapital · SH08
- 2024-08-22📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2024-08-22📄capital-alter-shares-subdivisioncapital · SH02
- 2024-08-22📄memorandum-articlesincorporation · MA
- 2024-07-30📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2024-07-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-07-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-09-08🏢Company incorporatedAs NEARLY NOWHERE LIMITED
- 2021-09-08➕ROSS, Michael John appointeddirector
- 2021-09-08➕ROSS, Paul Michael appointeddirector
- 2021-09-08📄incorporation-companyincorporation · NEWINC
Owner dependency
81/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 72 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
26/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — ROSS, Paul Michael (same surname) appointed 2021-09-08. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael John Ross Individual · British · DOB 04/1954 · age 72 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 08/09/2021 |
Mr Paul Michael Ross Individual · British · DOB 06/1986 · age 40 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 08/09/2021 |
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 →Similar companies
Active · Leisure & entertainment · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MUSHROOMS STUDIOS LTD→ SC796067 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| NEVER FORGET LTD→ SC810231 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| NEW GENERATION FESTIVAL LTD→ SC846940 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| NEWBATTLE GOLF CLUB LIMITED→ SC018111 · est 1934 · no financials extracted | — | — | — | — | 91y | — | — |
| NH HISTORY & HERITAGE LTD→ SC865458 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| NORTH EAST DRIFT CLUB LIMITED→ SC829428 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| NORTH EDINBURGH ARTS→ SC184477 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| NORTH LIGHT ARTS CIC→ SC434351 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| NORTHERN WILD MUSE LTD→ SC868449 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| NOVOTOUK LIMITED→ SC621180 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| NUAT LTD→ SC848748 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| OCEAN VERTICAL SCOTLAND LIMITED→ SC631318 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2021-09-08
Jurisdictionscotland
Primary SIC93290 — Other amusement and recreation activities n.e.c.
Registered office
2nd Floor Elder House
Multrees Walk
Edinburgh
EH1 3DX
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-21
Last: 2025-09-07
Officers (2 active · 0 resigned)
ROSS, Michael John→
Activedirector · ~72y · appointed 2021-09-08
View their other companies + combined net worth →
ROSS, Paul Michael→
Activedirector · ~40y · appointed 2021-09-08
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (17 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-16
resolution
resolution · RESOLUTIONS
2024-08-23
resolution
resolution · RESOLUTIONS
2024-08-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-22
capital-name-of-class-of-shares
capital · SH08
2024-08-22
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-08-22
capital-alter-shares-subdivision
capital · SH02
2024-08-22
memorandum-articles
incorporation · MA
2024-08-22
change-account-reference-date-company-current-extended
accounts · AA01
2024-07-30
accounts-with-accounts-type-dormant
accounts · AA
2024-07-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-08
accounts-with-accounts-type-dormant
accounts · AA
2023-07-04