GROOVEBUTTON LIMITED

💤Zombieactive
SC273498 · ltd · incorporated 2004-09-17
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 Jan 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Other amusement and recreation activities n.e.c.
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

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: 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 (78/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
8 officers (1 active, 8 linked, 3 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Average employees100200

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-05-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-09-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-07-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-07-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-07-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-06-05
    ➖
    NUTINI, Linda resigned
    director
  8. 2023-10-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-10-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-10-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-10-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-10-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2013-09-17
    ➖
    MOON, Brendan resigned
    secretary
  18. 2013-09-17
    ➖
    MOON, Brendan resigned
    director
  19. 2006-10-04
    ➕
    MOON, Brendan appointed
    secretary
  20. 2006-10-04
    ➖
    MORSE CODE MANAGEMENT LTD. resigned
    corporate-secretary
  21. 2006-10-04
    ➕
    MOON, Brendan appointed
    director
  22. 2006-10-04
    ➖
    MORSE CODE MANAGEMENT LTD. resigned
    corporate-director
  23. 2006-09-28
    ➕
    NUTINI, Linda appointed
    director
  24. 2004-12-20
    ➕
    NUTINI, Paolo appointed
    director
  25. 2004-12-20
    ➕
    MORSE CODE MANAGEMENT LTD. appointed
    corporate-secretary
  26. 2004-12-20
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  27. 2004-12-20
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  28. 2004-12-20
    ➕
    MORSE CODE MANAGEMENT LTD. appointed
    corporate-director
  29. 2004-09-17
    🏢
    Company incorporated
    As GROOVEBUTTON LIMITED
  30. 2004-09-17
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  31. 2004-09-17
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-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 21 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 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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%
NameSharesVoting rightsNature of controlNotified
Mr Paolo Nutini
Individual · British · DOB 01/1987 · age 39
75–100%
—75-100% shares06/04/2016

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 →

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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
Incorporated2004-09-17
Jurisdictionscotland
Primary SIC93290 — Other amusement and recreation activities n.e.c.

Registered office

2 High Road
Paisley
Renfrewshire
PA2 6AR
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-10-01
Last: 2025-09-17

Officers (1 active · 7 resigned)

NUTINI, Paolo→
director · ~39y · appointed 2004-12-20
View their other companies + combined net worth →
Active
MOON, Brendan→
secretary · appointed 2006-10-04 · resigned 2013-09-17
Resigned
MORSE CODE MANAGEMENT LTD.→
corporate-secretary · appointed 2004-12-20 · resigned 2006-10-04
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2004-09-17 · resigned 2004-12-20
Resigned
MOON, Brendan→
director · ~65y · appointed 2006-10-04 · resigned 2013-09-17
Resigned
NUTINI, Linda→
director · ~68y · appointed 2006-09-28 · resigned 2024-06-05
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2004-09-17 · resigned 2004-12-20
Resigned
MORSE CODE MANAGEMENT LTD.→
corporate-director · appointed 2004-12-20 · resigned 2006-10-04
Resigned

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

Recent filings (59 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-19
termination-director-company-with-name-termination-date
officers · TM01
2024-07-11
change-person-director-company-with-change-date
officers · CH01
2024-07-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-28