FLORA FUSION HOLDINGS LTD

💤Zombieactive
SC753532 · ltd · incorporated 2022-12-20
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£3.1k
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 72110Research and experimental development on biotechnology
  • 86900Other human health activities
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 3 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 (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £3,146
Net assets shrinking
Down £70 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£3k
↓ 2.2% YoY
Current Assets
£6k
↑ 14% YoY
Current Liabilities
£0£1k£2k£3k£4k£6kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£3.1k£3.2k
Current assets£5.6k£4.9k
Net assets£3.1k£3.2k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-04-30
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  4. 2024-10-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-07-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-09-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-09-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-06-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2023-05-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2023-04-10
    GREENHILL, Gary James resigned
    director
  11. 2022-12-20
    🏢
    Company incorporated
    As FLORA FUSION HOLDINGS LTD
  12. 2022-12-20
    HARRISON, Steven Joel Christopher appointed
    director
  13. 2022-12-20
    GREENHILL, Gary James appointed
    director
  14. 2022-12-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Steven Joel Christopher Harrison
Individual · Australian · DOB 11/1978 · age 48
2550%
25–50%board control25-50% shares · 25-50% voting · board control20/12/2022
1 historic (ceased) PSC
  • Mr Gary James Greenhillceased 26/04/2023· 25-50% shares · 25-50% voting · board control

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
Incorporated2022-12-20
Jurisdictionscotland
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

28 Rutland Square
Edinburgh
EH1 2BW
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-20
Last: 2025-07-06

Officers (1 active · 1 resigned)

HARRISON, Steven Joel Christopher
director · ~48y · appointed 2022-12-20
View their other companies + combined net worth →
Active
GREENHILL, Gary James
director · ~41y · appointed 2022-12-20 · resigned 2023-04-10
Resigned

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

Recent filings (13 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-27
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2025-04-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-01
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-06
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-06-16
termination-director-company-with-name-termination-date
officers · TM01
2023-05-23
incorporation-company
incorporation · NEWINC
2022-12-20