THAT'S DONE LTD
🌿Early-stageactive
SC761061 · ltd · incorporated 2023-03-06
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
£-21.9k
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Manufacture of prepared meals and dishes
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 70/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (79/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (4 active, 5 linked, 4 with DOB)
86
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
16 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
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £21,913
Key financials
2 years extracted from filed iXBRL accountsCash
£5k
Net Worth
-£22k
Current Assets
£8k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-21.9k | — |
| Current assets | £7.6k | — |
| Cash | £4.7k | — |
| Debtors | £2.4k | — |
| Net assets | £-21.9k | — |
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
3
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Last 180 days
4
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2026-02-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC03
- 2026-02-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-10-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-28➕COLLINS, Martin Richard appointeddirector
- 2024-05-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-04-27📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-04-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-25📄elect-to-keep-the-directors-register-information-on-the-public-registerofficers · EH01
- 2024-04-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-24➖MCADAM, Gavin resigneddirector
- 2023-03-06🏢Company incorporatedAs THAT'S DONE LTD
- 2023-03-06➕MASON, Mark Mcleod appointedsecretary
- 2023-03-06➕MASON, Mark Mcleod appointeddirector
- 2023-03-06➕MASON, Paul Donald appointeddirector
- 2023-03-06➕MCADAM, Gavin appointeddirector
- 2023-03-06📄incorporation-companyincorporation · NEWINC
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
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
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Martin Richard Collins Individual | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 09/02/2026 |
Mr Mark Mcleod Mason Individual · Scottish · DOB 08/1972 · age 54 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/03/2023 |
Mr Paul Donald Mason Individual · Scottish · DOB 10/1974 · age 52 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/03/2023 |
1 historic (ceased) PSC
- Mr Gavin Mcadamceased 24/04/2024· 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 →Similar companies
Active · Food & drink · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| SUMMERHALL DISTILLERY LIMITED→ SC460003 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| THE BREADWINNER BAKERY LTD.→ SC403111 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| THE CHOCOLATE TREE LIMITED→ SC303502 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| THE EDINBURGH ICE COMPANY LIMITED→ SC541419 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| THE GARNISH LAB LTD→ SC865470 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| THE MALTED GULL LTD→ SC878727 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| THE SCOTCH MALT WHISKY SOCIETY LIMITED→ SC083022 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
| THE SCOTTISH COAL (DEEP MINE) COMPANY LIMITED→ SC180022 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| THE SPICE WITCH LTD→ SC592395 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| THE SPIRITS OF DUNMORE TOWN, HARBOUR ISLAND IN THE BAHAMAS LTD→ SC721903 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| THE WEE BOULANGERIE LTD.→ SC401098 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| THE WHISPERING KETTLE LIMITED→ SC855377 · 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
Incorporated2023-03-06
Jurisdictionscotland
Primary SIC10850 — Manufacture of prepared meals and dishes
Registered office
6 Maybank Villas
Corstorphine
Edinburgh
City Of Edinburgh
EH12 8BD
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-13
Last: 2026-01-30
Officers (4 active · 1 resigned)
MASON, Mark Mcleod→
Activesecretary · appointed 2023-03-06
View their other companies + combined net worth →
COLLINS, Martin Richard→
Activedirector · ~55y · appointed 2024-10-28
View their other companies + combined net worth →
MASON, Mark Mcleod→
Activedirector · ~54y · appointed 2023-03-06
View their other companies + combined net worth →
MASON, Paul Donald→
Activedirector · ~52y · appointed 2023-03-06
View their other companies + combined net worth →
MCADAM, Gavin→
Resigneddirector · ~55y · appointed 2023-03-06 · resigned 2024-04-24
Click a director name to see their full track record across all companies.
Recent filings (16 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC03
2026-02-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-30
accounts-with-accounts-type-dormant
accounts · AA
2025-01-28
appoint-person-director-company-with-name-date
officers · AP01
2024-10-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-07
change-person-secretary-company-with-change-date
officers · CH03
2024-04-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-27
termination-director-company-with-name-termination-date
officers · TM01
2024-04-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-25
elect-to-keep-the-directors-register-information-on-the-public-register
officers · EH01
2024-04-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-13