INCLINE SPORTS LIMITED

💤Zombieactive

SC230636 · ltd · incorporated 2002-04-22

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to May 2025

Net worth

£-5.7k

book net assets

Opportunity

75/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Wholesale of clothing and footwear

Sector: Wholesale & retail

ALSO REGISTERED FOR

74909Other professional, scientific and technical activities n.e.c.
82990Other business support service activities n.e.c.

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -48% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 3 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

5 officers (1 active, 5 linked, 3 with DOB)

Ownership & PSC

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

Director network

2 connected companies via shared directors

Filing history

61 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

75/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Negative net assets

Liabilities exceed assets by £5,677

Cash draining

Cash down 48% YoY

Cash YoY

-48%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£15k

↓ 48% YoY

Net Worth

-£6k

↓ 49% YoY

Current Assets

£33k

↓ 18% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-05-31	2024-05-31
Total assets	£-5.7k	£-3.8k
Current assets	£32.7k	£39.9k
Cash	£14.8k	£28.3k
Debtors	£11.8k	£5.9k
Net assets	£-5.7k	£-3.8k

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2025-09-29
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-08-30
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-13
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-30
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-13
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-10-21
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-11-24
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2018-09-28
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2018-05-02
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-05-02
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-10-03
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2016-09-02
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-04-25
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-11-11
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-04-27
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-10-07
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2007-07-07
➖
MAGUIRE, Sarah resigned
secretary
2005-04-15
➕
MAGUIRE, Sarah appointed
secretary
2005-04-15
➖
ANDERSON STRATHERN WS resigned
corporate-nominee-secretary
2002-04-25
➕
MOSS, Nicholas Desmond appointed
director
2002-04-25
➖
BROWN, Simon Thomas David resigned
director
2002-04-25
➖
KERR, John Neilson resigned
director
2002-04-22
🏢
Company incorporated
As INCLINE SPORTS LIMITED
2002-04-22
➕
ANDERSON STRATHERN WS appointed
corporate-nominee-secretary
2002-04-22
➕
BROWN, Simon Thomas David appointed
director
2002-04-22
➕
KERR, John Neilson appointed
director

Owner dependency

85/100

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.
+Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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
Mr Nicholas Desmond Moss Individual · British · DOB 05/1971 · age 55	75–100%	—	75-100% shares	06/04/2016

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

Active · Wholesale & distribution · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BON-ACCORD ENGINEERING SUPPLIES (CASPIAN) LIMITED→ SC192592 · est 1999 · no financials extracted	—	—	—	—	27y	—	—
BREWBOX EDINBURGH LTD→ SC721723 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
CARGOWALA LTD→ SC782788 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
CHINA TEA EXPERIENCE LIMITED→ SC815117 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
CONTENT INTERIORS LTD→ SC882499 · est 2026 · no financials extracted	—	—	—	—	—	—	—
COSMETIC TEETH WHITENING PRODUCTS LIMITED→ SC473477 · est 2014 · no financials extracted	—	—	—	—	12y	—	—
CRAFT BUTCHERS LTD→ SC878464 · est 2026 · no financials extracted	—	—	—	—	—	—	—
CREP EXCLUSIVE LTD→ SC686959 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
CRYSTAL SKY TRADING LTD→ SC444208 · est 2013 · no financials extracted	—	—	—	—	13y	—	—
DAFIONS ENTERPRISE LTD→ SC678622 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
DAMARDECO LIMITED→ SC819419 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
DART TECHNOLOGY SOLUTIONS LIMITED→ SC773731 · est 2023 · no financials extracted	—	—	—	—	2y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 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

Incorporated2002-04-22

Jurisdictionscotland

Primary SIC46420 — Wholesale of clothing and footwear

Registered office

Hillside Barn

Old Pentland Road, Damhead

Edinburgh

EH10 7EA

United Kingdom

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2026-05-06

Last: 2025-04-22

Officers (1 active · 4 resigned)

MOSS, Nicholas Desmond→

director · ~55y · appointed 2002-04-25

View their other companies + combined net worth →

Active

MAGUIRE, Sarah→

secretary · appointed 2005-04-15 · resigned 2007-07-07

Resigned

ANDERSON STRATHERN WS→

corporate-nominee-secretary · appointed 2002-04-22 · resigned 2005-04-15

Resigned

BROWN, Simon Thomas David→

director · ~66y · appointed 2002-04-22 · resigned 2002-04-25

Resigned

KERR, John Neilson→

director · ~70y · appointed 2002-04-22 · resigned 2002-04-25

Resigned

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