NINETY PLUS TWO LIMITED
🌿Early-stageactive
SC773696 · ltd · incorporated 2023-06-26
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 Jun 2025
Net worth
—
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Other sports activities
Sector: Arts, entertainment & recreation
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. 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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
11 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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (13 events)Click to expand
- 2025-07-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-07-04📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-04📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-04📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-07-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-03-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-11-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-26🏢Company incorporatedAs NINETY PLUS TWO LIMITED
- 2023-06-26➕GRAY, David Peter appointeddirector
- 2023-06-26➕GRAY, Hayley appointeddirector
- 2023-06-26➕TURNER, Stuart William Kilgour appointeddirector
- 2023-06-26📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 2.9 years old — management layer unlikely to be developed.
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Peter Gray Individual · British · DOB 05/1988 · age 38 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 26/06/2023 |
Mrs Hayley Gray Individual · British · DOB 11/1987 · age 39 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 26/06/2023 |
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 · Leisure & entertainment · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FESTIVALS EDINBURGH LIMITED→ SC331673 · est 2007 | £179.5k £139.6k–£219.4k | — | — | 6 | 18y | 86 | 70y |
| ALHAMBRA THEATRE TRUST→ SC345187 · est 2008 · no financials extracted | — | — | — | — | 17y | 83 | 77y |
| ARCHERFIELD & FIDRA GOLF COURSES LIMITED→ SC260327 · est 2003 · no financials extracted | — | — | — | — | 22y | 83 | 79y |
| ASSEMBLY THEATRE LIMITED→ SC092088 · est 1985 | — | — | £185.5k | — | 41y | 83 | 78y |
| BRAID HILLS SHOP LIMITED→ SC177390 · est 1997 · no financials extracted | — | — | — | — | 28y | 83 | 70y |
| CHEEK BY JOWL THEATRE COMPANY LIMITED→ SC078954 · est 1982 · no financials extracted | — | — | — | — | 43y | 83 | 74y |
| CORRIES (MUSIC) LTD., THE→ SC056353 · est 1974 | — | — | £2 | — | 51y | 83 | 89y |
| DM AUDIO LIMITED→ SC245613 · est 2003 | — | — | — | 9 | 23y | 83 | 61y |
| HISTORIC CHURCHES SCOTLAND→ SC162884 · est 1996 · no financials extracted | — | — | — | — | 30y | 83 | 77y |
| INCH PARK COMMUNITY SPORTS CLUB→ SC342628 · est 2008 | — | — | £1.28M | — | 17y | 83 | 70y |
| MAGNETIC NORTH THEATRE PRODUCTIONS LIMITED→ SC199210 · est 1999 · no financials extracted | — | — | — | — | 26y | 83 | 75y |
| WORK OF IRON CIC→ SC839039 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2023-06-26
Jurisdictionscotland
Primary SIC93199 — Other sports activities
Registered office
95 Clerk Street
Loanhead
Midlothian
EH20 9RE
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-09
Last: 2025-06-25
Officers (3 active · 0 resigned)
GRAY, David Peter→
Activedirector · ~38y · appointed 2023-06-26
View their other companies + combined net worth →
GRAY, Hayley→
Activedirector · ~39y · appointed 2023-06-26
View their other companies + combined net worth →
TURNER, Stuart William Kilgour→
Activedirector · ~56y · appointed 2023-06-26
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (11 total)
accounts-with-accounts-type-dormant
accounts · AA
2025-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-05
change-person-director-company-with-change-date
officers · CH01
2025-07-04
change-person-director-company-with-change-date
officers · CH01
2025-07-04
change-person-director-company-with-change-date
officers · CH01
2025-07-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-04
accounts-with-accounts-type-dormant
accounts · AA
2025-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-13
incorporation-company
incorporation · NEWINC
2023-06-26