THORBURN FUNERAL DIRECTORS LTD

🌿Early-stageactive
SC723680 · ltd · incorporated 2022-02-18
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No material changes in the last 90 days.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Feb 2026
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Funeral and related activities
Sector: Other service activities
Investor take
Pursue
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: 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
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
2 connected companies via shared directors
51
Filing history
13 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Feb 2025Feb 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2026-02-282025-02-28
Average employees1100

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 (12 events)Click to expand
  1. 2026-04-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-12-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-12-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2025-05-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-11-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-04-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2024-04-01
    BELL, Steven appointed
    director
  8. 2024-03-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2023-04-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2022-02-18
    🏢
    Company incorporated
    As THORBURN FUNERAL DIRECTORS LTD
  11. 2022-02-18
    BELL, Kenneth Kennedy appointed
    director
  12. 2022-02-18
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

81/100
Critical — business is the founder

The 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 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

16/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — BELL, Steven (same surname) appointed 2024-04-01. Pattern consistent with intra-family handover.
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Steven Bell
Individual · British · DOB 10/1983 · age 43
2550%
25–50%25-50% shares · 25-50% voting01/11/2025
Mr Kenneth Kennedy Bell
Individual · British · DOB 08/1958 · age 68
2550%
25–50%25-50% shares · 25-50% voting18/02/2022

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

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
Incorporated2022-02-18
Jurisdictionscotland
Primary SIC96030 — Funeral and related activities

Registered office

26 High Street
Annan
Dumfriesshire
DG12 6AJ
Scotland

Filing status

Accounts
Next due: 2027-11-30
Last made up to: 2026-02-28
Confirmation statement
Next due: 2026-12-23
Last: 2025-12-09

Officers (2 active · 0 resigned)

BELL, Kenneth Kennedy
director · ~68y · appointed 2022-02-18
View their other companies + combined net worth →
Active
BELL, Steven
director · ~43y · appointed 2024-04-01
View their other companies + combined net worth →
Active

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

Recent filings (13 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-13
appoint-person-director-company-with-name-date
officers · AP01
2024-04-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-08
change-person-director-company-with-change-date
officers · CH01
2024-03-08
accounts-with-accounts-type-dormant
accounts · AA
2023-04-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-01
incorporation-company
incorporation · NEWINC
2022-02-18