MULSANNE INVESTMENTS (UK) LIMITED
🌿Early-stageactive
SC777706 · ltd · incorporated 2023-08-01
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 Aug 2024
Net worth
£-37.1k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 47250
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 76/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 82). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (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
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £37,129
Key financials
1 year extracted from filed iXBRL accountsCash
£58k
Net Worth
-£37k
Current Assets
£65k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 |
|---|---|
| Total assets | £-37.1k |
| Current assets | £65.0k |
| Cash | £58.0k |
| Debtors | £7.0k |
| Net assets | £-37.1k |
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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2025-05-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-01-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-01-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-01-15📄capital-allotment-sharescapital · SH01
- 2023-12-29📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-12-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-28➕ARMSTRONG, Adam Inglis appointedsecretary
- 2023-12-28➕PATERSON, William Hamilton appointeddirector
- 2023-12-28➕WOOD, Barry Ivor, Dr appointeddirector
- 2023-12-28➖ARMSTRONG, Adam Inglis resigneddirector
- 2023-08-01🏢Company incorporatedAs MULSANNE INVESTMENTS (UK) LIMITED
- 2023-08-01➕ARMSTRONG, Adam Inglis appointeddirector
- 2023-08-01📄incorporation-companyincorporation · NEWINC
Owner dependency
78/100
High — earn-out structure requiredMaterial 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.
- +Founder age: Director aged approximately 82 — succession pressure is live.
- +Young company: Only 2.8 years old — management layer unlikely to be developed.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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 William Hamilton Paterson Individual · British · DOB 01/1967 · age 59 | 25–50% | — | 25-50% shares | 05/05/2024 |
Dr Barry Ivor Wood Individual · British · DOB 12/1944 · age 82 | 25–50% | — | 25-50% shares | 15/01/2024 |
1 historic (ceased) PSC
- Mr Adam Inglis Armstrongceased 15/01/2024· 75-100% shares · 75-100% 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
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| N-A SHEIKH LTD→ SC857785 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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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
Incorporated2023-08-01
Jurisdictionscotland
Primary SIC47250 — SIC 47250
Registered office
Laigh Brownmuir House
Glassford
Strathaven
ML10 6TX
Scotland
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-02-08
Last: 2026-01-25
Officers (3 active · 1 resigned)
ARMSTRONG, Adam Inglis→
Activesecretary · appointed 2023-12-28
View their other companies + combined net worth →
PATERSON, William Hamilton→
Activedirector · ~59y · appointed 2023-12-28
View their other companies + combined net worth →
WOOD, Barry Ivor, Dr→
Activedirector · ~82y · appointed 2023-12-28
View their other companies + combined net worth →
ARMSTRONG, Adam Inglis→
Resigneddirector · ~73y · appointed 2023-08-01 · resigned 2023-12-28
Click a director name to see their full track record across all companies.
Recent filings (14 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-05-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-25
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-01-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-25
capital-allotment-shares
capital · SH01
2024-01-15
appoint-person-secretary-company-with-name-date
officers · AP03
2023-12-29
termination-director-company-with-name-termination-date
officers · TM01
2023-12-29
appoint-person-director-company-with-name-date
officers · AP01
2023-12-29
appoint-person-director-company-with-name-date
officers · AP01
2023-12-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-29
incorporation-company
incorporation · NEWINC
2023-08-01