THE FLOOR STUDIO (SCOTLAND) LTD

⚰️Wound downliquidation
SC460489 · ltd · incorporated 2013-10-02
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 10.5y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Oct 2023
Net worth
£251.8k
book net assets
Opportunity
33/100
Pass
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Special-situation opportunity
Distressed trade-services with salvageable qualities — special-situations priority.

Opportunity 33/100 (pass), bankability 25/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

3 live charges · oldest 10.5y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 10.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
33/100Pass
PassWatchWorth a lookStrongExceptional 

Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
13
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £251,790

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£252k
Current Assets
£355k
Current Liabilities
£0£71k£142k£213k£284k£355kOct 2022Oct 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2023-10-312022-10-31
Total assets£266.2k
Current assets£355.4k
Net assets£251.8k

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
2
filings
  • 1 address
  • 1 insolvency
Last 180 days
2
filings
  • 1 address
  • 1 insolvency
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-03-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-03-06
    ⚠️
    liquidation-compulsory-notice-winding-up-order-court-scotland
    insolvency · WU01(Scot)
  3. 2025-10-10
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  4. 2025-09-23
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2024-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-10-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2024-10-28
    🔓
    Charge satisfied #2
  8. 2024-09-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2024-09-20
    🔓
    Charge satisfied #3
  10. 2023-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-10-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2023-06-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2023-06-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2023-06-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2022-08-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2022-06-30
    WILCOX, Claire Jeanie resigned
    director
  17. 2022-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2021-11-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2021-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2021-04-28
    GENTLEMAN, Kevin resigned
    director
  21. 2020-07-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2019-10-21
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  23. 2019-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  24. 2018-08-01
    WILCOX, Claire Jeanie appointed
    director
  25. 2017-10-25
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  26. 2015-10-07
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  27. 2015-10-06
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  28. 2013-10-02
    🏢
    Company incorporated
    As THE FLOOR STUDIO (SCOTLAND) LTD
  29. 2013-10-02
    CROSS, Brenton appointed
    director
  30. 2013-10-02
    GENTLEMAN, Kevin appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 13 years.

Red flags

4 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-07-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-07-13

Company in liquidation
high

Company is actively being wound up. Not a going concern.

1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-03-06: liquidation-compulsory-notice-winding-up-order-court-scotland

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Brenton Cross
Individual · British · DOB 02/1970 · age 56
2550%
25-50% shares06/04/2016
1 historic (ceased) PSC
  • Mr Kevin Gentlemanceased 11/11/2021· 25-50% shares

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

12 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

Statusliquidation
Typeltd
Incorporated2013-10-02
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.

Registered office

Unit 1 ,Ground Floor Airbles House
270 Airbles Road
Motherwell
Lanarkshire
ML1 3AT

Filing status

Accounts
Next due: 2025-07-31OVERDUE
Last made up to: 2023-10-31
Confirmation statement
Next due: 2025-07-13OVERDUE
Last: 2024-06-29

Officers (1 active · 2 resigned)

CROSS, Brenton
director · ~56y · appointed 2013-10-02
View their other companies + combined net worth →
Active
GENTLEMAN, Kevin
director · ~59y · appointed 2013-10-02 · resigned 2021-04-28
Resigned
WILCOX, Claire Jeanie
director · ~54y · appointed 2018-08-01 · resigned 2022-06-30
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge25/10/201720/09/2024
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property07/10/201528/10/2024
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge06/10/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (41 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-09
liquidation-compulsory-notice-winding-up-order-court-scotland
insolvency · WU01(Scot)
2026-03-06
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-10-10
gazette-notice-compulsory
gazette · GAZ1
2025-09-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-30
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-28
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-17
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-06-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-29
change-person-director-company-with-change-date
officers · CH01
2023-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-19