PAINE FREE CRAFTS LTD

🏛️Establishedactive
SC681483 · ltd · incorporated 2020-11-19
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
£51.4k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47789Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
  • 47910Retail sale via mail order houses or via Internet
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 76/100 (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 (73/100).

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
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 · accounting standard not declared
Positive net assets
Net assets £51,404
Net assets shrinking
Down £5,757 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£51k
↓ 10% YoY
Current Assets
£58k
↓ 10% YoY
Current Liabilities
—
£0£13k£26k£39k£52k£64kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£51.4k£57.2k
Current assets£58.0k£64.5k
Net assets£51.4k£57.2k

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
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2025-12-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-08-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-08-13
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  6. 2020-11-19
    🏢
    Company incorporated
    As PAINE FREE CRAFTS LTD
  7. 2020-11-19
    ➕
    PAINE, Charles Simon Timothy appointed
    director
  8. 2020-11-19
    ➕
    PAINE, Sarah Margaret appointed
    director
  9. 2020-11-19
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

94/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "PAINE" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Sarah Margaret Paine
Individual · British · DOB 07/1972 · age 54
75–100%
75–100%board control75-100% shares · 75-100% voting · board control19/11/2020

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

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
Incorporated2020-11-19
Jurisdictionscotland
Primary SIC46900 — Non-specialised wholesale trade

Registered office

2 St. Cuthberts Avenue
Dumfries
DG2 7NZ
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-02
Last: 2025-11-18

Officers (2 active · 0 resigned)

PAINE, Charles Simon Timothy→
director · ~59y · appointed 2020-11-19
View their other companies + combined net worth →
Active
PAINE, Sarah Margaret→
director · ~54y · appointed 2020-11-19
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-17
change-account-reference-date-company-previous-extended
accounts · AA01
2022-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-01
incorporation-company
incorporation · NEWINC
2020-11-19