ONLY CHILD LTD
Opportunity 77/100 (strong), bankability 62/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
4 live charges · 3 lenders · oldest 1.6y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 1.6 years old — likely still in initial term.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
- · Not currently profitable — coverage conversation is a harder sell.
Data confidence
Overall: medium (75/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-21 |
|---|---|
| Profit before tax | £-87.2k |
| Average employees | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 2 accounts
- • 1 confirmation-statement
Corporate timeline (22 events)Click to expand
- 2026-01-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-01-20📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-06-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-06🔓Charge satisfied #2
- 2025-03-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-11📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-09-27📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-09-27📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-09-27📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-09-27📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-09-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-24🔒Charge registered #4Lender: Creative Scotland
- 2024-09-23🔒Charge registered #3Lender: Coutts & Co
- 2024-09-23🔒Charge registered #2Lender: Coutts & Co
- 2024-09-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-06🔒Charge registered #1Lender: Coutts & Company
- 2024-01-22🏢Company incorporatedAs ONLY CHILD LTD
- 2024-01-22➕MORTON, Karen Christine appointeddirector
- 2024-01-22➕WEBSTER, Neil James appointeddirector
- 2024-01-22📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +Young company: Only 2.3 years old — management layer unlikely to be developed.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Neil James Webster Individual · British · DOB 10/1972 · age 54 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 22/01/2024 |
Ms Karen Christine Morton Individual · British · DOB 06/1967 · age 59 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 22/01/2024 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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10 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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Creative Scotland | A registered charge | — | 24/09/2024 | — | |
| outstanding | NatWest Group Coutts & Co | A registered charge | — | 23/09/2024 | — | |
| satisfied | NatWest Group Coutts & Co | A registered charge | — | 23/09/2024 | 06/06/2025 | |
| outstanding | NatWest Group Coutts & Company | A registered charge | — | 06/09/2024 | — |