90TF LIMITED

🌿Early-stageactive

SC745020 · ltd · incorporated 2022-09-21

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 snapshot from 90 days ago — start tracking from today.

Last 180 days

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

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2025

Net worth

£68.0k

book net assets

Opportunity

70/100

Strong

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What this business does

Primary activity: Activities of other holding companies n.e.c.

Sector: Financial & insurance

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (4 active, 4 linked, 4 with DOB)

Ownership & PSC

0 active PSC(s) of 1 total, 1 with control declared

Director network

4 connected companies via shared directors

Filing history

26 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

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 →

Opportunity Score

70/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £68,009

Cash YoY

+25%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£867k

↑ 25% YoY

Net Worth

£68k

↑ 148% YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-09-30	2024-09-30
Cash	£867.4k	£692.5k
Net assets	£68.0k	£-141.8k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (27 events)Click to expand

2026-02-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-10
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-10
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-10
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-10
📄
change-person-director-company-with-change-date
officers · CH01
2025-03-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-08
📄
change-person-director-company-with-change-date
officers · CH01
2025-01-08
📄
change-person-director-company-with-change-date
officers · CH01
2025-01-08
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-08
📄
change-person-director-company-with-change-date
officers · CH01
2025-01-08
📄
change-person-director-company-with-change-date
officers · CH01
2024-06-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-21
📄
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2024-05-21
📄
capital-name-of-class-of-shares
capital · SH08
2024-05-16
📄
resolution
resolution · RESOLUTIONS
2024-05-16
📄
memorandum-articles
incorporation · MA
2024-05-14
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-04-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-04-23
➕
FLOCKHART, Lynsey Nicola appointed
director
2024-04-23
➕
FLOCKHART, Stuart John appointed
director
2023-05-01
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-04
📄
capital-alter-shares-subdivision
capital · SH02
2022-09-27
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-21
🏢
Company incorporated
As 90TF LIMITED
2022-09-21
➕
FLOCKHART, Neil Thomas appointed
director
2022-09-21
➕
FLOCKHART, Pamela Margaret appointed
director

Owner dependency

48/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

30/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

🔒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 · Holding company · EH postcode area

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MDW SCOTLAND LTD→ SC206317 · est 2000	£395.2k £335.9k–£454.5k	—	£395.2k	—	26y	82	76y
PWP HOLDINGS LIMITED→ SC177994 · est 1997	£179.2k £152.3k–£206.1k	—	£179.2k	—	28y	82	67y
D.C. AGRICULTURAL HOLDINGS LIMITED→ SC215245 · est 2001	£13.2k £11.2k–£15.2k	—	£13.2k	—	25y	82	71y
HISTORIC LOTHIAN PROTECTION & DEVELOPMENT LIMITED→ SC231712 · est 2002	£9.4k £8.0k–£10.8k	—	£9.4k	—	24y	82	73y
CRAIGLEITH ELECTRONICS LIMITED→ SC162758 · est 1996	£6.1k £5.2k–£7.0k	—	£6.1k	—	30y	82	71y
HOT SPRING PORTABLE SPAS (SCOTLAND) LIMITED→ SC148582 · est 1994	£3.0k £2.6k–£3.5k	—	£3.0k	—	32y	82	65y
CP WAREHOUSING LIMITED→ SC247121 · est 2003	£2.4k £2.0k–£2.7k	—	£2.4k	—	23y	83	79y
MURRAY CAPITAL GROUP LIMITED→ SC375630 · est 2010	£1.0k £850–£1.1k	—	£1.0k	—	16y	82	75y
BALFOUR & MANSON PROPERTY LTD.→ SC041493 · est 1964	£401 £341–£461	—	£401	—	61y	82	66y
BLACKCRAIG WINDFARM HOLDINGS LIMITED→ SC502633 · est 2015	—	—	—	0	11y	89	44y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 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

Incorporated2022-09-21

Jurisdictionscotland

Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

C/O Johnston Carmichael

7-11 Melville Street

Edinburgh

EH3 7PE

Scotland

Filing status

Accounts

Next due: 2027-06-30

Last made up to: 2025-09-30

Confirmation statement

Next due: 2026-10-16

Last: 2025-10-02

Officers (4 active · 0 resigned)

FLOCKHART, Lynsey Nicola→

director · ~42y · appointed 2024-04-23

View their other companies + combined net worth →

Active

FLOCKHART, Neil Thomas→

director · ~43y · appointed 2022-09-21

View their other companies + combined net worth →

Active

FLOCKHART, Pamela Margaret→

director · ~49y · appointed 2022-09-21

View their other companies + combined net worth →

Active

FLOCKHART, Stuart John→

director · ~47y · appointed 2024-04-23

View their other companies + combined net worth →

Active

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