INVERNESS STORES LTD
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 -56% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
2 live charges · oldest 3.5y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~3.5 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £107.9k | £159.0k |
| Current assets | £60.1k | £81.0k |
| Cash | £20.1k | £46.1k |
| Debtors | — | £8.2k |
| Net assets | £26.5k | £32.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (10 events)Click to expand
- 2025-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-06🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2024-05-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-04🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2022-03-04🏢Company incorporatedAs INVERNESS STORES LTD
- 2022-03-04➕DAVIDSON, Andrew appointeddirector
- 2022-03-04📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew Davidson Individual · British · DOB 10/1980 · age 46 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 04/03/2022 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Retail · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ELGIN FURNITURE & CARPET CENTRE LIMITED→ SC252844 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| GALE TRADING LIMITED→ SC872202 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GARDENS AND GIFTS LIMITED→ SC834783 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| HIGHLAND HOSTS LIMITED→ SC842888 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| INVERBLOOM LIMITED→ SC150291 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| INVERNESS BATHROOMS LIMITED→ SC390534 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| INVERNESS COMPUTER CENTRE LTD.→ SC255445 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| INVERNESS FLOORING & FURNITURE LTD→ SC834193 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| INVERNESS GOLF CENTRE LIMITED→ SC187445 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| INVERNESS NEWS LIMITED→ SC554035 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| INVESTMOR SCOTLAND LTD→ SC730562 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| IRB LTD→ SC546297 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 06/03/2025 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 04/11/2022 | — |