BACK RUNNING LTD

🌿Early-stageactive
SC747732 · ltd · incorporated 2022-10-19
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 Oct 2025
Net worth
book net assets
Opportunity
71/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Veterinary activities
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 2.5y

50/100
clean up first

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

  • · Newest facility, 2.5 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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
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£73k£147k£220k£294k£367kOct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-10-312024-10-31
Total assets£945.4k
Current assets£367.4k
Cash£172.4k
Debtors£130.7k
Net assets£113.6k
Average employees27

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-01-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-07-16
    📄
    capital-allotment-shares
    capital · SH01
  4. 2025-07-15
    📄
    memorandum-articles
    incorporation · MA
  5. 2025-07-15
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2025-07-09
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  7. 2024-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-05-08
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2024-05-07
    📄
    memorandum-articles
    incorporation · MA
  10. 2024-02-13
    📄
    capital-return-purchase-own-shares
    capital · SH03
  11. 2024-01-30
    📄
    capital-cancellation-shares
    capital · SH06
  12. 2024-01-30
    📄
    memorandum-articles
    incorporation · MA
  13. 2024-01-30
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2023-11-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2023-11-03
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  16. 2023-01-09
    MURPHY, Michelle appointed
    director
  17. 2023-01-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2022-10-19
    🏢
    Company incorporated
    As BACK RUNNING LTD
  19. 2022-10-19
    RIGG, Scott Letham appointed
    director
  20. 2022-10-19
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

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

SIGNALS
  • 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Scott Letham Rigg
Individual · British · DOB 07/1978 · age 48
75100%
75–100%board control75-100% shares · 75-100% voting · board control19/10/2022

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 →

Similar companies

Active · Professional services · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BK GILL SOLICITORS LIMITED
SC798777 · est 2024 · no financials extracted
2y
BLUPIK LIMITED
SC444561 · est 2013 · no financials extracted
13y
BRAEVAL DISTILLERY LIMITED
SC240804 · est 2002 · no financials extracted
23y
BRAVE YOUR DAY LTD
SC568589 · est 2017 · no financials extracted
8y
BRAVO LIMA DESIGN LIMITED
SC554814 · est 2017 · no financials extracted
9y
BRAW ROBOT LTD.
SC520920 · est 2015 · no financials extracted
10y
BRIAN MCCALLUM DRAUGHTING LIMITED
SC333546 · est 2007 · no financials extracted
18y
BRIDGE EMPLOYMENT SOLICITORS LIMITED
SC498885 · est 2015 · no financials extracted
11y
BRIDGEFIELD CONSULTING LTD
SC822318 · est 2024 · no financials extracted
1y
BRIGHT SPARK ADVISORY LIMITED
SC776386 · est 2023 · no financials extracted
2y
BRIGHTDRAFT LIMITED
SC616810 · est 2018 · no financials extracted
7y
BROAD HINTON PHC LTD
SC846346 · est 2025 · no financials extracted
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
Incorporated2022-10-19
Jurisdictionscotland
Primary SIC75000 — Veterinary activities

Registered office

6th Floor Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ
Scotland

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-11-01
Last: 2025-10-18

Officers (2 active · 0 resigned)

MURPHY, Michelle
director · ~46y · appointed 2023-01-09
View their other companies + combined net worth →
Active
RIGG, Scott Letham
director · ~48y · appointed 2022-10-19
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
The Royal Bank of Scotland PLC
A registered charge03/11/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (19 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-17
capital-allotment-shares
capital · SH01
2025-07-16
memorandum-articles
incorporation · MA
2025-07-15
resolution
resolution · RESOLUTIONS
2025-07-15
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-07-09
confirmation-statement
confirmation-statement · CS01
2024-11-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-15
resolution
resolution · RESOLUTIONS
2024-05-08
memorandum-articles
incorporation · MA
2024-05-07
capital-return-purchase-own-shares
capital · SH03
2024-02-13
capital-cancellation-shares
capital · SH06
2024-01-30
memorandum-articles
incorporation · MA
2024-01-30
resolution
resolution · RESOLUTIONS
2024-01-30