CAIRNGORM VETS LTD

🌿Early-stageactive
SC803473 · ltd · incorporated 2024-03-18
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.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£-30.5k
book net assets
Opportunity
67/100
Strong
🔔
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: Veterinary activities
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 67/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
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
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £30,500

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
-£31k
Current Assets
£49k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-31
Total assets£76.2k
Current assets£49.4k
Net assets£-30.5k

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2025-06-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-22
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2024-11-22
    ✏️
    change-of-name-request-comments
    change-of-name · NM06
  4. 2024-11-22
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2024-10-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-10-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-04-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2024-04-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2024-03-18
    🏢
    Company incorporated
    As CAIRNGORM VETS LTD
  10. 2024-03-18
    KIRKBRIDE, Eilidh Mackay appointed
    director
  11. 2024-03-18
    MORRISON, Nicola Ann appointed
    director
  12. 2024-03-18
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +Young company: Only 2.1 years old — management layer unlikely to be developed.

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 med · 1 low
Name changed 2 times
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-11-22: certificate-change-of-name-company; 2024-11-22: change-of-name-request-comments

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ms Nicola Ann Morrison
Individual · Scottish · DOB 09/1991 · age 35
2550%
25–50%board control25-50% shares · 25-50% voting · board control18/03/2024
Ms Eilidh Mackay Kirkbride
Individual · Scottish · DOB 03/1981 · age 45
2550%
25–50%board control25-50% shares · 25-50% voting · board control18/03/2024

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

Similar companies

Active · Professional services · PH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
G&M HEALTH&SAFETY LTD
SC678186 · est 2020 · no financials extracted
5y
GILLIAN REILLY HR LIMITED
SC525219 · est 2016 · no financials extracted
10y
GODIVOR LTD
SC745175 · est 2022 · no financials extracted
3y
GRAIN AND GRIT LTD
SC799122 · est 2024 · no financials extracted
2y
GREEN PYTHON LTD
SC881783 · est 2026 · no financials extracted
GROUND ENGINEERING APPLIED RESEARCH SERVICES LIMITED
SC571411 · est 2017 · no financials extracted
8y
GSN CONSULTING SERVICES LTD
SC819651 · est 2024 · no financials extracted
1y
HAMPTON LAMB PLANNING CONSULTANTS LIMITED
SC849409 · est 2025 · no financials extracted
HERE'STHEPLAN LIMITED
SC676426 · est 2020 · no financials extracted
5y
HG MARKETING LTD
SC717941 · est 2021 · no financials extracted
4y
HOOLIE CONSULTING LIMITED
SC620262 · est 2019 · no financials extracted
7y
HORMEL LAW AND RESEARCH LTD
SC773170 · est 2023 · no financials extracted
2y
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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2024-03-18
Jurisdictionscotland
Primary SIC75000 — Veterinary activities

Registered office

Unit 11i Achnagonalin Industrial Estate
Grantown-On-Spey
Highland
PH26 3TA
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-31
Last: 2026-03-17

Officers (2 active · 0 resigned)

KIRKBRIDE, Eilidh Mackay
director · ~45y · appointed 2024-03-18
View their other companies + combined net worth →
Active
MORRISON, Nicola Ann
director · ~35y · appointed 2024-03-18
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-17
certificate-change-of-name-company
change-of-name · CERTNM
2024-11-22
change-of-name-request-comments
change-of-name · NM06
2024-11-22
resolution
resolution · RESOLUTIONS
2024-11-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-23
change-person-director-company-with-change-date
officers · CH01
2024-04-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-06
incorporation-company
incorporation · NEWINC
2024-03-18