GRACE LILY LINGERIE LIMITED

💤Zombieactive
SC489814 · ltd · incorporated 2014-10-27
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 Dec 2024
Net worth
£51.7k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Retail sale of clothing in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £51,711
Net assets shrinking
Down £2,899 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£52k
↓ 5.3% YoY
Current Assets
£20k
↑ 30% YoY
Current Liabilities
—
£0£11k£22k£33k£44k£55kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£51.7k£54.6k
Current assets£20.0k£15.4k
Net assets£51.7k£54.6k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
  • • 2 address
  • • 1 officers
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-11-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-11-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-11-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-09-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-10-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-09-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-06-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2020-03-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2019-08-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2018-07-10
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2017-02-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-01-04
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  17. 2014-10-27
    🏢
    Company incorporated
    As GRACE LILY LINGERIE LIMITED
  18. 2014-10-27
    ➕
    HAY, Grace Lilian appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

50/100
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.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ms Grace Lilian Hay
Individual · British · DOB 07/1985 · age 41
75–100%
75–100%board control75-100% shares · 75-100% voting · board control14/10/2016

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2014-10-27
Jurisdictionscotland
Primary SIC47710 — Retail sale of clothing in specialised stores

Registered office

Burnhill
Strathpeffer Road
Strathpeffer
IV14 9DH
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-10
Last: 2025-10-27

Officers (1 active · 0 resigned)

HAY, Grace Lilian→
director · ~41y · appointed 2014-10-27
View their other companies + combined net worth →
Active

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

Recent filings (29 total)

change-person-director-company-with-change-date
officers · CH01
2025-11-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-18
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-30
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-30