TORN VINTAGE LIMITED

🌿Early-stageactive

SC779406 · ltd · incorporated 2023-08-17

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 2025

Net worth

£70.8k

book net assets

Opportunity

70/100

Strong

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What this business does

Primary activity: SIC 47799

Sector: Wholesale & retail

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: medium (75/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

7 filings

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

70/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £70,845

Net assets shrinking

Down £1,520 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£71k

↓ 2.1% YoY

Current Assets

£109k

↓ 12% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-08-31	2024-08-31
Total assets	£72.5k	£73.8k
Current assets	£108.8k	£123.2k
Net assets	£70.8k	£72.4k

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

filings

Last 90 days

filing

• 1 officers

Last 180 days

filings

• 1 officers
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (8 events)Click to expand

2026-03-27
📄
change-person-director-company-with-change-date
officers · CH01
2025-11-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-22
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-17
🏢
Company incorporated
As TORN VINTAGE LIMITED
2023-08-17
➕
TSIKRITEA, Vasiliki appointed
secretary
2023-08-17
➕
TSIKRITEA, Vasiliki appointed
director
2023-08-17
📄
incorporation-company
incorporation · NEWINC

Owner dependency

80/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.
+Young company: Only 2.7 years old — management layer unlikely to be developed.

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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Miss Vasiliki Tsikritea Individual · Greek · DOB 12/1993 · age 33	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	17/08/2023

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Retail · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
PENTLAND KITCHENS LIMITED→ SC307579 · est 2006	£710.4k £532.8k–£888.0k	—	—	2000	19y	83	63y
M&F FUNERAL SERVICES LIMITED→ SC365033 · est 2009	£671.4k £503.6k–£839.3k	—	—	1400	16y	88	61y
LYON & TURNBULL LIMITED→ SC191166 · est 1998	£551.7k £413.8k–£689.6k	—	—	75	27y	85	77y
FESTIVAL FRINGE TRADING LIMITED→ SC130813 · est 1991	£497.4k £373.1k–£621.8k	—	—	0	35y	85	77y
DRINX.COM LIMITED→ SC203859 · est 2000	—	—	£353.7k	—	26y	83	63y
GLASGOW ARCHITECTURAL SALVAGE LIMITED→ SC248258 · est 2003 · no financials extracted	—	—	—	—	23y	83	58y
GLENTERRIN LIMITED→ SC116076 · est 1989	—	—	—	7100	37y	83	64y
GRAHAM TISO LIMITED→ SC081944 · est 1983 · no financials extracted	—	—	—	—	43y	83	60y
NGS TRADING COMPANY LIMITED→ SC312797 · est 2006 · no financials extracted	—	—	—	—	19y	83	68y
PLANET FLOWERS LTD.→ SC212761 · est 2000	—	—	£208.8k	—	25y	83	78y
THE DORMANT DISTILLERY COMPANY LIMITED→ SC172078 · est 1997	—	—	—	64	29y	83	62y
THE GREAT GROG COMPANY LIMITED→ SC194873 · est 1999	—	—	£501.5k	—	27y	83	64y

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

Incorporated2023-08-17

Jurisdictionscotland

Primary SIC47799 — SIC 47799

Registered office

93 C/O Mirandus Accountants

93 George Street

Edinburgh

EH2 3ES

United Kingdom

Filing status

Accounts

Next due: 2027-05-31

Last made up to: 2025-08-31

Confirmation statement

Next due: 2026-08-30

Last: 2025-08-16

Officers (2 active · 0 resigned)

TSIKRITEA, Vasiliki→

secretary · appointed 2023-08-17

View their other companies + combined net worth →

Active

TSIKRITEA, Vasiliki→

director · ~33y · appointed 2023-08-17

View their other companies + combined net worth →

Active

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

Recent filings (7 total)

change-person-director-company-with-change-date

officers · CH01

2026-03-27

accounts-with-accounts-type-micro-entity

accounts · AA

2025-11-24

confirmation-statement-with-updates

confirmation-statement · CS01

2025-08-21

accounts-with-accounts-type-micro-entity

accounts · AA

2025-03-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-08-16

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2024-07-22

incorporation-company

incorporation · NEWINC

2023-08-17