PINS AND ACES UK LIMITED

🌿Early-stageactive
SC788520 · ltd · incorporated 2023-11-07
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Nov 2024
Net worth
£3.8k
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Wholesale of clothing and footwear
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (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 (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 (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
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
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £3,841

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£4k
Current Assets
£33k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-30
Total assets£2.6k
Current assets£32.6k
Net assets£3.8k

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
10
filings
  • 2 confirmation-statement
  • 2 address
  • 2 gazette
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-03-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-02-18
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2026-02-17
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2026-02-12
    THORNTON, Russell Martin appointed
    director
  5. 2026-02-12
    HENDERSON, Scott Findlay resigned
    director
  6. 2026-02-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2026-02-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2026-02-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2026-02-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2026-02-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2025-11-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2025-04-08
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2025-02-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2023-11-07
    🏢
    Company incorporated
    As PINS AND ACES UK LIMITED
  15. 2023-11-07
    HENDERSON, Scott Findlay appointed
    director
  16. 2023-11-07
    📄
    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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Russell Martin Thornton
Individual · Scottish · DOB 11/1980 · age 46
75100%
75-100% shares12/02/2026
1 historic (ceased) PSC
  • Mr Scott Findlay Hendersonceased 12/02/2026· 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 →

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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
Incorporated2023-11-07
Jurisdictionscotland
Primary SIC46420 — Wholesale of clothing and footwear

Registered office

18 Melville Street
Falkirk
Stirlingshire
FK1 1HZ
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-03-30
Last: 2026-03-16

Officers (1 active · 1 resigned)

THORNTON, Russell Martin
director · ~46y · appointed 2026-02-12
View their other companies + combined net worth →
Active
HENDERSON, Scott Findlay
director · ~50y · appointed 2023-11-07 · resigned 2026-02-12
Resigned

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

Recent filings (15 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-16
gazette-filings-brought-up-to-date
gazette · DISS40
2026-02-18
gazette-notice-compulsory
gazette · GAZ1
2026-02-17
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-12
termination-director-company-with-name-termination-date
officers · TM01
2026-02-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-12
appoint-person-director-company-with-name-date
officers · AP01
2026-02-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-07
gazette-filings-brought-up-to-date
gazette · DISS40
2025-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-07
gazette-notice-compulsory
gazette · GAZ1
2025-02-04
incorporation-company
incorporation · NEWINC
2023-11-07