BESPOKE HOMES (PERTH) LTD

🌿Early-stageactive
SC731286 · ltd · incorporated 2022-05-03
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
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Turnover
year to Mar 2025
Net worth
£-3.5k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 76/100 (strong), bankability 70/100. 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 -69% YoY — forensic review of receivables, stock turns, and creditor days. 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, 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
3 connected companies via shared directors
54
Filing history
8 filings
60
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
60
Adequate — check latest filings for context.
Acquirability
75
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
Negative net assets
Liabilities exceed assets by £3,510
Cash draining
Cash down 69% YoY
Cash YoY
-69%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£4k
↓ 69% YoY
Net Worth
-£4k
↓ 71% YoY
Current Assets
£197k
↓ 1.3% YoY
Current Liabilities
-£4k£37k£78k£119k£159k£200kMar 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£-3.5k£-2.1k
Current assets£197.3k£199.9k
Cash£4.0k£12.9k
Debtors£1.2k£1.4k
Net assets£-3.5k£-2.1k

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
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2025-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-12-11
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  5. 2022-05-03
    🏢
    Company incorporated
    As BESPOKE HOMES (PERTH) LTD
  6. 2022-05-03
    CUTHBERT, David Burness appointed
    director
  7. 2022-05-03
    MILLER, Peter Stewart appointed
    director
  8. 2022-05-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
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.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

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 61. 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Peter Stewart Miller
Individual · British · DOB 01/1965 · age 61
5075%
50–75%board control50-75% shares · 50-75% voting · board control03/05/2022
Mr David Burness Cuthbert
Individual · British · DOB 10/1972 · age 54
2550%
25–50%25-50% shares · 25-50% voting03/05/2022

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

7 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.

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Company details

Statusactive
Typeltd
Incorporated2022-05-03
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings

Registered office

Blair Skeath House
Tullibardine
Auchterarder
PH3 1JU
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-16
Last: 2025-05-02

Officers (2 active · 0 resigned)

CUTHBERT, David Burness
director · ~54y · appointed 2022-05-03
View their other companies + combined net worth →
Active
MILLER, Peter Stewart
director · ~61y · appointed 2022-05-03
View their other companies + combined net worth →
Active

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

Recent filings (8 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-11
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-12-11
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-31
incorporation-company
incorporation · NEWINC
2022-05-03