FIRST FRIENDS LAURENCEKIRK LTD
🏛️Establishedactive
SC559219 · ltd · incorporated 2017-03-02
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
£317.9k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Child day-care activities
Sector: Human health & social work
Investor take
PursueActive trading company with a 71-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (60/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 1.1y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 1.1 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £317,863
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£318k
↑ 43% YoY
Current Assets
£239k
↓ 11% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £317.9k | £223.1k |
| Current assets | £238.6k | £269.0k |
| Net assets | £317.9k | £222.4k |
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
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2025-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-28🔒Charge registered #1Lender: The Royal Bank of Scotland
- 2024-10-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-05-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-10-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-04📄change-person-director-company-with-change-dateofficers · CH01
- 2023-01-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-11-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-09-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-03-02🏢Company incorporatedAs FIRST FRIENDS LAURENCEKIRK LTD
- 2017-03-02➕DAVIDSON, Allen Campbell appointeddirector
- 2017-03-02➕REID, Neil Alistair Alexander appointeddirector
- 2017-03-02📄incorporation-companyincorporation · NEWINC
Owner dependency
78/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 71 — succession pressure is live.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Allen Campbell Davidson Individual · British · DOB 11/1955 · age 71 | 25–50% | — | 25-50% shares | 02/03/2017 |
Mr Neil Alistair Alexander Reid Individual · British · DOB 06/1982 · age 44 | 25–50% | — | 25-50% shares | 02/03/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Healthcare & medical · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BACHLAW LIMITED→ SC364803 · est 2009 | — | — | £4.91M | — | 16y | 83 | 62y |
| SIMEON CARE FOR THE ELDERLY LIMITED→ SC088417 · est 1984 | — | — | £594.0k | — | 41y | 83 | 81y |
| THE FOUNDRY GYM LIMITED→ SC194575 · est 1999 | — | — | £177.9k | — | 27y | 83 | 58y |
| BILL HAY LIMITED→ SC128775 · est 1990 | — | — | £181.1k | — | 35y | 82 | 75y |
| CARDEN PLACE DENTAL PRACTICE LIMITED→ SC395265 · est 2011 | — | — | — | 1400 | 15y | 82 | 68y |
| DENTURAMICS LIMITED→ SC252385 · est 2003 | — | — | — | 700 | 22y | 82 | 63y |
| FODDERTY CARE LTD.→ SC328990 · est 2007 | — | — | £535.4k | — | 18y | 82 | 77y |
| MAXWELL ASSOCIATES LIMITED→ SC379036 · est 2010 | — | — | £716.6k | — | 15y | 82 | 71y |
| ROSS MCLELLAND & COMPANY LIMITED→ SC311555 · est 2006 | — | — | £39.6k | — | 19y | 82 | 64y |
| SCOTTISH MEDICINE LIMITED→ SC190038 · est 1998 | — | — | £32.7k | — | 27y | 82 | 75y |
| UCAN (GRAMPIAN)→ SC286333 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| UK PRIVATE HEALTHCARE LIMITED→ SC153339 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
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
Incorporated2017-03-02
Jurisdictionscotland
Primary SIC88910 — Child day-care activities
Registered office
59 High Street
Laurencekirk
AB30 1BH
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-20
Last: 2026-01-06
Officers (2 active · 0 resigned)
DAVIDSON, Allen Campbell→
Activedirector · ~71y · appointed 2017-03-02
View their other companies + combined net worth →
REID, Neil Alistair Alexander→
Activedirector · ~44y · appointed 2017-03-02
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland | A registered charge | 1 property | 28/03/2025 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (23 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-10
change-person-director-company-with-change-date
officers · CH01
2023-01-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-27