BRIGHT STARTS NURSERY (GREENOCK) LTD
Opportunity 70/100 (strong), bankability 77/100. 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 (58/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 12.8y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 12.8 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | -1700 | -2200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (41 events)Click to expand
- 2025-09-03✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2025-04-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-09-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-09-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-09-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-09-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-03🔓Charge satisfied #3
- 2024-09-03🔓Charge satisfied #2
- 2024-09-02➕ALI, Aisha appointeddirector
- 2024-09-02➖NEWTON, William resigneddirector
- 2024-09-02➖RANKIN, Cary resigneddirector
- 2024-04-24📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-04-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-20📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-04-17📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-04-17📄legacyaccounts · PARENT_ACC
- 2024-04-17📄legacyother · AGREEMENT2
- 2024-04-17📄legacyother · GUARANTEE2
- 2024-04-15🔒Charge registered #3Lender: Apiary Capital Partners I Investment Gp LLP in Its Capacity as General Partner of Apiary Capital Partners I Investment LP (As Security Trustee)
- 2023-04-06📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-04-06📄legacyaccounts · PARENT_ACC
- 2023-04-06📄legacyother · GUARANTEE2
- 2020-04-01➕NEWTON, William appointeddirector
- 2020-04-01➖SHEEHY, Stuart David resigneddirector
- 2019-07-19🔒Charge registered #2Lender: Santander UK PLC (As Security Trustee)
- 2019-06-26➖DEVLIN, Mariessa resignedsecretary
- 2019-06-26➖DEVLIN, Bernard Alexander resigneddirector
- 2019-06-26➖DEVLIN, Mariessa resigneddirector
- 2019-06-26➕RANKIN, Cary appointeddirector
- 2019-06-26➕SHEEHY, Stuart David appointeddirector
- 2019-06-13🔓Charge satisfied #1
- 2013-07-23🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2010-05-26🏢Company incorporatedAs BRIGHT STARTS NURSERY (GREENOCK) LTD
- 2010-05-26➕DEVLIN, Mariessa appointedsecretary
- 2010-05-26➕DEVLIN, Bernard Alexander appointeddirector
- 2010-05-26➕DEVLIN, Mariessa appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
2 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2025-09-03: certificate-change-of-name-company
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Aisha Ali Individual · British · DOB 09/1979 · age 47 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 02/09/2024 |
2 historic (ceased) PSCs
- The Devlin Group Limitedceased 02/09/2024· 75-100% shares
- Devlin Corporation Ltdceased 04/10/2017· 75-100% shares · 75-100% voting · board control · significant influence · firm interest
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
Active · Trade services · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| HAK SCOTLAND LTD→ SC798272 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| HARAN MOFFAT LTD→ SC565414 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| HARLEY & HUDSON LTD→ SC790559 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| HAYGEM LTD→ SC557757 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| HENDERSON TAXATION & ACCOUNTANCY SERVICES LTD→ SC454331 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| HIGHLANDS2HAMMOCKS LTD→ SC721117 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| HOPE TO OBAN→ SC255446 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| HOST CONNECT - EDUCATION LTD→ SC847864 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HOWAT'S LAUNDRY SERVICES LTD→ SC777229 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| IMPERIAL LAUNDRY LIMITED→ SC466704 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| IN-WORK ENTERPRISES LTD.→ SC495974 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| INDEPENDENT FINANCIAL ADVICE CENTRE (GLASGOW) LIMITED→ SC317059 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
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 →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 (1 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Apiary Capital Partners I Investment Gp in Its Capacity as General Partner of Apiary Capital Partners I Investment LP (As Security Trustee) Apiary Capital Partners I Investment Gp LLP in Its Capacity as General Partner of Apiary Capital Partners I Investment LP (As Security Trustee) | A registered charge | — | 15/04/2024 | 03/09/2024 | |
| satisfied | Santander Santander UK PLC (As Security Trustee) | A registered charge | — | 19/07/2019 | 03/09/2024 | |
| satisfied | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 23/07/2013 | 13/06/2019 |