L&S PARTNERSHIP (SCOTLAND) LTD

🏛️Establishedactive
SC550788 · ltd · incorporated 2016-11-21
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£3.7k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: SIC 10520
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 77/100 (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: 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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £3,700

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£4k
↑ 397% YoY
Current Assets
£45k
↓ 28% YoY
Current Liabilities
—
£0£12k£25k£37k£50k£62kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£49.5k£37.3k
Current assets£44.7k£62.1k
Net assets£3.7k£744

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
1
filing
  • • 1 officers
Last 90 days
2
filings
  • • 1 officers
  • • 1 accounts
Last 180 days
5
filings
  • • 2 persons-with-significant-control
  • • 1 officers
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-04-14
    ➕
    KENNEDY, Natascha Anna appointed
    director
  2. 2026-04-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-02-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-12-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-12-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-01-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-01-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-09-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-11-29
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  14. 2016-11-21
    🏢
    Company incorporated
    As L&S PARTNERSHIP (SCOTLAND) LTD
  15. 2016-11-21
    ➕
    GALLI, Linda appointed
    director
  16. 2016-11-21
    ➕
    GALLI, Silvio appointed
    director
  17. 2016-11-21
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

50/100
Moderate signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.

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
Mr Silvio Galli
Individual · British · DOB 09/1961 · age 65
25–50%
25–50%25-50% shares · 25-50% voting21/11/2016
Mrs Linda Galli
Individual · British · DOB 06/1965 · age 61
25–50%
25–50%25-50% shares · 25-50% voting21/11/2016

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 →

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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
Incorporated2016-11-21
Jurisdictionscotland
Primary SIC10520 — SIC 10520

Registered office

98 Sandgate
Ayr
KA7 1BX
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-04
Last: 2025-11-20

Officers (3 active · 0 resigned)

GALLI, Linda→
director · ~61y · appointed 2016-11-21
View their other companies + combined net worth →
Active
GALLI, Silvio→
director · ~65y · appointed 2016-11-21
View their other companies + combined net worth →
Active
KENNEDY, Natascha Anna→
director · ~39y · appointed 2026-04-14
View their other companies + combined net worth →
Active

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

Recent filings (22 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-04-14
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-05
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-23
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-30