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

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

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

Lenders & charges

Confirmed no charges registered

Directors & officers

3 officers (2 active, 3 linked, 3 with DOB)

Ownership & PSC

2 active PSC(s) of 3 total, 3 with control declared

Director network

4 connected companies via shared directors

Filing history

15 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

61/100Worth a look

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Some moderate concerns — review flags.

Signal strength

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

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-02-28	2024-02-29
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

filings

Last 90 days

filings

• 1 persons-with-significant-control
• 1 officers

Last 180 days

filings

• 1 persons-with-significant-control
• 1 officers

Counts from Companies House filing history.

Corporate timeline (17 events)Click to expand

2026-03-30
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-28
📄
change-person-director-company-with-change-date
officers · CH01
2025-08-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-22
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2024-05-07
📄
gazette-notice-compulsory
gazette · GAZ1
2023-08-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-07-08
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-06-30
➕
MCLEISH, Shannon appointed
director
2022-05-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-05-05
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-05-01
➖
MCLEISH, Shannon resigned
director
2022-02-16
🏢
Company incorporated
As BILLSCOTT LIMITED
2022-02-16
➕
WALKER, Wendy Somerville appointed
director
2022-02-16
➕
MCLEISH, Shannon appointed
director
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

Name	Shares	Voting rights	Nature of control	Notified
Mrs Shannon Mcleish Individual · British · DOB 11/1997 · age 29	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control · trust interest · firm interest	08/06/2022
Mrs Wendy Somerville Walker Individual · British · DOB 02/1976 · age 50	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	16/02/2022

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

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CAMBUSNETHAN SLUSH LIMITED→ SC315830 · est 2007	—	—	£1.6k	—	19y	83	62y
D'NISI COFFEE COMPANY (FRANCHISE) LIMITED→ SC300329 · est 2006	—	—	£92.0k	—	20y	83	61y
D'NISI COFFEE COMPANY LIMITED→ SC276412 · est 2004	—	—	£106.2k	—	21y	83	61y
D'NISI SHAWLANDS LTD.→ SC336246 · est 2008	—	—	£1.1k	—	18y	83	61y
PREGO RESTAURANT (CARLUKE) LTD→ SC307423 · est 2006	—	—	—	2600	19y	83	62y
LIMACAZA LIMITED→ SC314102 · est 2007	—	—	£197.8k	—	19y	82	61y
ROLLO'S CAFE LIMITED→ SC340865 · est 2008	—	—	£22.1k	—	18y	82	60y
THE COFFEE SPOT LIMITED→ SC312703 · est 2006	—	—	—	1200	19y	82	58y
VILLAGE INN THANKERTON LIMITED→ SC257284 · est 2003	—	—	£61.5k	—	22y	82	67y
MAEFURST LTD.→ SC320045 · est 2007	—	—	£21.8k	—	19y	81	62y
PREGO RESTAURANT LTD→ SC229083 · est 2002	—	—	—	0	24y	81	62y
VAMW TRAINING LIMITED→ SC115303 · est 1988 · no financials extracted	—	—	—	—	37y	81	76y

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