PEGASUS FLOORING (SCOTLAND) LTD

🌿Early-stageactive
SC759656 · ltd · incorporated 2023-02-21
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
book net assets
Opportunity
61/100
Worth a look
🔔
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What this business does
Primary activity: Retail sale of carpets, rugs, wall and floor coverings in specialised stores
Sector: Wholesale & retail
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: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

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
Network not yet resolved
30
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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-28
Average employees-300-200

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
0
filings
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-08-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-12-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-12-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-12-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-12-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-11-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-06-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2023-06-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2023-06-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2023-06-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2023-06-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2023-02-21
    🏢
    Company incorporated
    As PEGASUS FLOORING (SCOTLAND) LTD
  14. 2023-02-21
    FRENCH, Lewis Carl appointed
    director
  15. 2023-02-21
    HOOD, Richmond James Alexander appointed
    director
  16. 2023-02-21
    📄
    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: 2026-03-06

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Lewis Carl French
Individual · British · DOB 09/1992 · age 34
2550%
25–50%25-50% shares · 25-50% voting21/02/2023
Mr Richmond James Alexander Hood
Individual · British · DOB 12/1994 · age 32
2550%
25–50%25-50% shares · 25-50% voting21/02/2023

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2023-02-21
Jurisdictionscotland
Primary SIC47530 — Retail sale of carpets, rugs, wall and floor coverings in specialised stores

Registered office

1a Bank Place
Kilmarnock
KA1 1HJ
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-03-06OVERDUE
Last: 2025-02-20

Officers (2 active · 0 resigned)

FRENCH, Lewis Carl
director · ~34y · appointed 2023-02-21
View their other companies + combined net worth →
Active
HOOD, Richmond James Alexander
director · ~32y · appointed 2023-02-21
View their other companies + combined net worth →
Active

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

Recent filings (15 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-20
change-person-director-company-with-change-date
officers · CH01
2024-12-01
change-person-director-company-with-change-date
officers · CH01
2024-12-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-03
change-person-director-company-with-change-date
officers · CH01
2023-06-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-15
change-person-director-company-with-change-date
officers · CH01
2023-06-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-15
incorporation-company
incorporation · NEWINC
2023-02-21