SALON ALTERNATIVES LTD.
🌳Matureactive
SC367809 · ltd · incorporated 2009-10-30
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 16.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£483.9k
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: Hairdressing and other beauty treatment
Sector: Other service activities
Investor take
PursueActive trading company with a 69-year-old founder — textbook succession opportunity.
Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 16.0y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 16.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 4 with DOB)
83
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £483,870
Net assets shrinking
Down £21,569 YoY
Cash YoY
+29%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£131k
↑ 29% YoY
Net Worth
£484k
↓ 4.3% YoY
Current Assets
£1.2m
↑ 2.3% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £513.1k | £558.5k |
| Current assets | £1.20M | £1.18M |
| Cash | £130.9k | £101.2k |
| Debtors | £156.3k | £234.9k |
| Net assets | £483.9k | £505.4k |
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 (25 events)Click to expand
- 2025-10-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-07-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-07-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-11-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-07-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-07-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-07-27📄capital-allotment-sharescapital · SH01
- 2022-07-27📄capital-allotment-sharescapital · SH01
- 2021-11-16➕COUBROUGH, Joe appointeddirector
- 2021-10-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-10-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-06-14📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-10-05📄change-person-director-company-with-change-dateofficers · CH01
- 2016-07-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-05-07🔒Charge registered #1Lender: Royal Bank of Scotland PLC
- 2009-10-30🏢Company incorporatedAs SALON ALTERNATIVES LTD.
- 2009-10-30➕CONNOLLY, Michael appointedsecretary
- 2009-10-30➕CONNOLLY, Michael John appointeddirector
- 2009-10-30➕MACDONOUGH, Sean appointeddirector
- 2009-10-30➕BRIAN REID LTD. appointedcorporate-secretary
- 2009-10-30➖BRIAN REID LTD. resignedcorporate-secretary
- 2009-10-30➕MABBOTT, Stephen George appointeddirector
- 2009-10-30➖MABBOTT, Stephen George resigneddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
73/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 17 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Joe Coubrough Individual · British · DOB 06/1964 · age 62 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 02/11/2019 |
Mr Sean Macdonough Individual · British · DOB 08/1957 · age 69 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
Mr Michael John Connolly Individual · British · DOB 08/1958 · age 68 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 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 · Trade services · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CITY GATE CONSTRUCTION (SCOTLAND) LIMITED→ SC244614 · est 2003 | £12.48M £9.36M–£15.60M | — | — | 194 | 23y | 88 | 63y |
| BRAID GROUP (HOLDINGS) LIMITED→ SC299361 · est 2006 | £2.98M £2.24M–£3.73M | — | — | 200 | 20y | 93 | 59y |
| IMPERIAL LAUNDRY LIMITED→ SC466704 · est 2014 | £86.3k £64.7k–£107.8k | £126.9k | — | 100 | 12y | 94 | 66y |
| GLENGARRY AND DISTRICT COMMUNITY ASSOCIATION→ SC267949 · est 2004 · no financials extracted | — | — | — | — | 21y | 83 | 90y |
| MOBILE GRITTING SERVICES LIMITED→ SC378297 · est 2010 | — | — | £701.6k | — | 15y | 83 | 61y |
| RIVERSIDE INVERCLYDE (PROPERTY HOLDINGS) LIMITED→ SC331360 · est 2007 · no financials extracted | — | — | — | — | 18y | 83 | 68y |
| STERLING HYDROKLEAR LIMITED→ SC321932 · est 2007 | — | — | — | 0 | 19y | 83 | 81y |
| ARDORAN MARINE LIMITED→ SC290011 · est 2005 | — | — | £455.9k | — | 20y | 82 | 79y |
| CUT AND DRY (RENFREW) LIMITED→ SC080545 · est 1982 | — | — | £27.6k | — | 43y | 82 | 74y |
| EXCEL ENVIRONMENTAL SERVICES LTD.→ SC292026 · est 2005 | — | — | £176.8k | — | 20y | 82 | 64y |
| GLYCOMAR LIMITED→ SC279835 · est 2005 | — | — | — | 1 | 21y | 82 | 79y |
| KEPSTORN LIMITED→ SC179182 · est 1997 | — | — | — | — | 28y | 82 | 62y |
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
Incorporated2009-10-30
Jurisdictionscotland
Primary SIC96020 — Hairdressing and other beauty treatment
Registered office
73 Lochhead Avenue
Lochwinnoch
PA12 4AW
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-13
Last: 2025-10-30
Officers (4 active · 2 resigned)
Active
CONNOLLY, Michael John→
Activedirector · ~68y · appointed 2009-10-30
View their other companies + combined net worth →
COUBROUGH, Joe→
Activedirector · ~62y · appointed 2021-11-16
View their other companies + combined net worth →
MACDONOUGH, Sean→
Activedirector · ~69y · appointed 2009-10-30
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-secretary · appointed 2009-10-30 · resigned 2009-10-30
MABBOTT, Stephen George→
Resigneddirector · ~76y · appointed 2009-10-30 · resigned 2009-10-30
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Floating charge | 1 property | 07/05/2010 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (46 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-07-07
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-11-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-07-29
appoint-person-director-company-with-name-date
officers · AP01
2022-07-27
capital-allotment-shares
capital · SH01
2022-07-27
capital-allotment-shares
capital · SH01
2022-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-10-29
confirmation-statement-with-updates
confirmation-statement · CS01
2020-11-12