BILLSCOTT LIMITED

🌿Early-stageactive
SC723409 · ltd · incorporated 2022-02-16
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
£-39.0k
book net assets
Opportunity
61/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 60/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -96% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (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 (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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 £38,954
Cash draining
Cash down 96% YoY
Cash YoY
-96%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£746
↓ 96% YoY
Net Worth
-£39k
↓ 105% YoY
Current Assets
£4k
↓ 83% YoY
Current Liabilities
-£39k-£27k-£14k-£2k£10k£23kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Total assets£-39.0k£-19.0k
Current assets£3.7k£22.7k
Cash£746£18.2k
Debtors£4.5k
Net assets£-39.0k£-19.0k

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
0
filings
Last 90 days
2
filings
  • 1 persons-with-significant-control
  • 1 officers
Last 180 days
2
filings
  • 1 persons-with-significant-control
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-03-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-03-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-08-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-05-22
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2024-05-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2023-08-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-07-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2022-07-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2022-06-30
    MCLEISH, Shannon appointed
    director
  11. 2022-05-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2022-05-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2022-05-01
    MCLEISH, Shannon resigned
    director
  14. 2022-02-16
    🏢
    Company incorporated
    As BILLSCOTT LIMITED
  15. 2022-02-16
    WALKER, Wendy Somerville appointed
    director
  16. 2022-02-16
    MCLEISH, Shannon appointed
    director
  17. 2022-02-16
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

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

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-01

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Shannon Mcleish
Individual · British · DOB 11/1997 · age 29
2550%
25–50%board control25-50% shares · 25-50% voting · board control · trust interest · firm interest08/06/2022
Mrs Wendy Somerville Walker
Individual · British · DOB 02/1976 · age 50
2550%
25–50%board control25-50% shares · 25-50% voting · board control16/02/2022
1 historic (ceased) PSC
  • Mrs Shannon Mcleishceased 01/04/2022· 25-50% shares · 25-50% voting · board control

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 →

Similar companies

Active · Hospitality · ML postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CAMBUSNETHAN SLUSH LIMITED
SC315830 · est 2007
£1.6k19y8362y
D'NISI COFFEE COMPANY (FRANCHISE) LIMITED
SC300329 · est 2006
£92.0k20y8361y
D'NISI COFFEE COMPANY LIMITED
SC276412 · est 2004
£106.2k21y8361y
D'NISI SHAWLANDS LTD.
SC336246 · est 2008
£1.1k18y8361y
PREGO RESTAURANT (CARLUKE) LTD
SC307423 · est 2006
260019y8362y
LIMACAZA LIMITED
SC314102 · est 2007
£197.8k19y8261y
ROLLO'S CAFE LIMITED
SC340865 · est 2008
£22.1k18y8260y
THE COFFEE SPOT LIMITED
SC312703 · est 2006
120019y8258y
VILLAGE INN THANKERTON LIMITED
SC257284 · est 2003
£61.5k22y8267y
MAEFURST LTD.
SC320045 · est 2007
£21.8k19y8162y
PREGO RESTAURANT LTD
SC229083 · est 2002
024y8162y
VAMW TRAINING LIMITED
SC115303 · est 1988 · no financials extracted
37y8176y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2022-02-16
Jurisdictionscotland
Primary SIC56302 — Public houses and bars

Registered office

89 Lanark Road
Carstairs
Lanark
ML11 8QQ
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-03-01OVERDUE
Last: 2025-02-15

Officers (2 active · 1 resigned)

MCLEISH, Shannon
director · ~29y · appointed 2022-06-30
View their other companies + combined net worth →
Active
WALKER, Wendy Somerville
director · ~50y · appointed 2022-02-16
View their other companies + combined net worth →
Active
MCLEISH, Shannon
director · ~29y · appointed 2022-02-16 · resigned 2022-05-01
Resigned

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

Recent filings (15 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-30
change-person-director-company-with-change-date
officers · CH01
2026-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-21
gazette-filings-brought-up-to-date
gazette · DISS40
2024-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-21
gazette-notice-compulsory
gazette · GAZ1
2024-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-28
appoint-person-director-company-with-name-date
officers · AP01
2022-07-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-07-08
termination-director-company-with-name-termination-date
officers · TM01
2022-05-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-05-05
incorporation-company
incorporation · NEWINC
2022-02-16