THORNIEHILL HOLDING COMPANY LIMITED

🌱Startupactive
SC825594 · ltd · incorporated 2024-10-11
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
67/100
Strong
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 67/100 (strong), bankability 65/100. Strong seller-intent signal (60/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (57/100)

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
No iXBRL financials extracted
0
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
2 connected companies via shared directors
51
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

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 (20 events)Click to expand
  1. 2025-10-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-08-06
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  3. 2024-10-30
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2024-10-28
    📄
    memorandum-articles
    incorporation · MA
  5. 2024-10-28
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2024-10-25
    📄
    capital-name-of-class-of-shares
    capital · SH08
  7. 2024-10-25
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  8. 2024-10-25
    📄
    memorandum-articles
    incorporation · MA
  9. 2024-10-25
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2024-10-25
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  11. 2024-10-25
    ⚠️
    legacy
    insolvency · CAP-SS
  12. 2024-10-25
    📄
    legacy
    capital · SH20
  13. 2024-10-25
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2024-10-25
    📄
    capital-allotment-shares
    capital · SH01
  15. 2024-10-24
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  16. 2024-10-23
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  17. 2024-10-11
    🏢
    Company incorporated
    As THORNIEHILL HOLDING COMPANY LIMITED
  18. 2024-10-11
    FINLAY, Ann Martha appointed
    director
  19. 2024-10-11
    FINLAY, John Robert appointed
    director
  20. 2024-10-11
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

86/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 1.5 years old — management layer unlikely to be developed.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high · 1 med ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2024-10-25: legacy

Name changed 2 times
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-10-24: certificate-change-of-name-company; 2024-10-23: certificate-change-of-name-company

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Ann Martha Finlay
Individual · British · DOB 11/1962 · age 64
2550%
25–50%25-50% shares · 25-50% voting11/10/2024
Mr John Robert Finlay
Individual · British · DOB 04/1961 · age 65
2550%
25–50%25-50% shares · 25-50% voting11/10/2024

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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2024-10-11
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.

Registered office

Blackcraig
Corsock
Castle Douglas
DG7 3DZ
Scotland

Filing status

Accounts
Next due: 2026-07-11
Last made up to:
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10

Officers (2 active · 0 resigned)

FINLAY, Ann Martha
director · ~64y · appointed 2024-10-11
View their other companies + combined net worth →
Active
FINLAY, John Robert
director · ~65y · appointed 2024-10-11
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-14
change-account-reference-date-company-current-extended
accounts · AA01
2025-08-06
resolution
resolution · RESOLUTIONS
2024-10-30
memorandum-articles
incorporation · MA
2024-10-28
resolution
resolution · RESOLUTIONS
2024-10-28
capital-name-of-class-of-shares
capital · SH08
2024-10-25
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-10-25
memorandum-articles
incorporation · MA
2024-10-25
resolution
resolution · RESOLUTIONS
2024-10-25
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-10-25
legacy
insolvency · CAP-SS
2024-10-25
legacy
capital · SH20
2024-10-25
resolution
resolution · RESOLUTIONS
2024-10-25
capital-allotment-shares
capital · SH01
2024-10-25