BRAIFF LTD

🌿Early-stageactive
SC775178 · ltd · incorporated 2023-07-10
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
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Turnover
year to Jul 2024
Net worth
£-818
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

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: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (72/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
9 filings
60
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.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £818

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
-£818
Current Assets
£416
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-07-31
Total assets£-484
Current assets£416
Net assets£-818

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 (10 events)Click to expand
  1. 2025-07-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-07-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-07-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-04-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-09-25
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2024-09-24
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2023-07-10
    🏢
    Company incorporated
    As BRAIFF LTD
  8. 2023-07-10
    FORSYTH, Connor Andrew appointed
    director
  9. 2023-07-10
    SEELEY, Scott appointed
    director
  10. 2023-07-10
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Young company: Only 2.8 years old — management layer unlikely to be developed.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Scott Seeley
Individual · British · DOB 05/1975 · age 51
2550%
25–50%25-50% shares · 25-50% voting10/07/2023
Mr Connor Andrew Forsyth
Individual · British · DOB 07/1994 · age 32
2550%
25–50%25-50% shares · 25-50% voting10/07/2023

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 →

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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.

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Company details

Statusactive
Typeltd
Incorporated2023-07-10
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Hopetoun View
Fenton Newmains
North Berwick
EH39 5AW
Scotland

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-07-23
Last: 2025-07-09

Officers (2 active · 0 resigned)

FORSYTH, Connor Andrew
director · ~32y · appointed 2023-07-10
View their other companies + combined net worth →
Active
SEELEY, Scott
director · ~51y · appointed 2023-07-10
View their other companies + combined net worth →
Active

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

Recent filings (9 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-05
gazette-filings-brought-up-to-date
gazette · DISS40
2024-09-25
gazette-notice-compulsory
gazette · GAZ1
2024-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-19
incorporation-company
incorporation · NEWINC
2023-07-10