FIREPLACES DIRECT BY ROBERT NICHOLSON LTD

🌳Matureactive
SC399986 · ltd · incorporated 2011-05-20
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 46150
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Average employees700700

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 (20 events)Click to expand
  1. 2025-07-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-10-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-09-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-08-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-07-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-06-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-08-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2016-07-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-05-30
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-07-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-05-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-07-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-05-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2013-08-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2011-05-20
    🏢
    Company incorporated
    As FIREPLACES DIRECT BY ROBERT NICHOLSON LTD
  18. 2011-05-20
    NICHOLSON, Lesley Anne appointed
    secretary
  19. 2011-05-20
    NICHOLSON, Lesley Anne appointed
    director
  20. 2011-05-20
    NICHOLSON, Robert John appointed
    director

Owner dependency

89/100
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 name in company name: Company name contains director surname "NICHOLSON" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

59/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 15 years.
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Lesley Anne Nicholson
Individual · British · DOB 05/1969 · age 57
2550%
25-50% shares20/05/2016
Mr Robert John Nicholson
Individual · British · DOB 01/1967 · age 59
2550%
25-50% shares20/05/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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

6 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
Incorporated2011-05-20
Jurisdictionscotland
Primary SIC46150 — SIC 46150

Registered office

The Garage Liffey Cottage Craig Road
Rhonehouse
Castle Douglas
DG7 1UB

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-03
Last: 2025-05-20

Officers (3 active · 0 resigned)

NICHOLSON, Lesley Anne
secretary · appointed 2011-05-20
View their other companies + combined net worth →
Active
NICHOLSON, Lesley Anne
director · ~57y · appointed 2011-05-20
View their other companies + combined net worth →
Active
NICHOLSON, Robert John
director · ~59y · appointed 2011-05-20
View their other companies + combined net worth →
Active

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

Recent filings (30 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-06-14