BEAT FEIS APP LTD

🏛️Establishedactive
SC674164 · ltd · incorporated 2020-09-14
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
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Turnover
year to Sept 2025
Net worth
£-26.6k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Sound recording and music publishing activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

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: Cash flow review and working-capital discipline. Cash down -45% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (65/100).

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
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
12 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
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £26,551
Cash draining
Cash down 45% YoY
Cash YoY
-45%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£691
↓ 45% YoY
Net Worth
-£27k
↓ 47% YoY
Current Assets
£1k
↓ 32% YoY
Current Liabilities
-£27k-£21k-£15k-£10k-£4k£2kSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-30
Total assets£-18.3k£-18.0k
Current assets£1.2k£1.8k
Cash£691£1.3k
Net assets£-26.6k£-18.0k

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 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-04-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-06-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-06-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-06-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2020-09-14
    🏢
    Company incorporated
    As BEAT FEIS APP LTD
  8. 2020-09-14
    MURPHY, Kevin appointed
    director
  9. 2020-09-14
    PATERSON, William appointed
    director
  10. 2020-09-14
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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 William Paterson
Individual · Scottish · DOB 08/1980 · age 46
2550%
25–50%25-50% shares · 25-50% voting14/09/2020
Mr Kevin Murphy
Individual · Scottish · DOB 04/1992 · age 34
2550%
25–50%25-50% shares · 25-50% voting14/09/2020

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
Incorporated2020-09-14
Jurisdictionscotland
Primary SIC59200 — Sound recording and music publishing activities

Registered office

80 Kirk Street
Strathaven
ML10 6BA
Scotland

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-09-27
Last: 2025-09-13

Officers (2 active · 0 resigned)

MURPHY, Kevin
director · ~34y · appointed 2020-09-14
View their other companies + combined net worth →
Active
PATERSON, William
director · ~46y · appointed 2020-09-14
View their other companies + combined net worth →
Active

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

Recent filings (12 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-21
incorporation-company
incorporation · NEWINC
2020-09-14