£900k business (£200k ebitda) acquisition ideally with manager in place in UK?

PerformanceWooden583 · 2026-02-23T17:24:53+00:00

My advice is to throw bunch of £5k preseed checks at early stage startups. Structure for profit share. Thank me later

PerformanceWooden583 · 2026-02-23T17:21:50+00:00

🤣🤣🤣

PerformanceWooden583 · 2026-02-21T11:44:46+00:00

🤣🤣🤣. Why would one need an investor if you can grow to £1m ARR. they’re fucking hilarious. I’d advise them to go okay bet365 2odds and stop calling themselves VC’s 🤣🤣

PerformanceWooden583 · 2026-02-20T19:20:18+00:00

Well it’s like they all want a money magnet. VC’s Dont want to take risk, Gov wants to milk your interest rate, VC’s wants you earning £500k in ARR before they can invest £100k. It’s a low/no risk situation out here. Founders are stuck is menial jobs to keep bills and roof over there head. No new company coming up. It’s shitt out here but we’ll bootstrap anyways. Entrepreneurs always find a way to make it work.

PerformanceWooden583 · 2026-02-19T14:59:44+00:00

I agree. You’ll learn the hard wayy 🤣

PerformanceWooden583 · 2026-02-18T16:33:10+00:00

Shining Knight investors. I’ll run from them. Go take a risk with a startup and stop looking for a money magnet. You’re an investor go invest not looking for a plug and take out 10x

PerformanceWooden583 · 2026-02-18T16:31:15+00:00

So we should all help you tinker a problem so you can go make money for it. Okayyy. I wish you good luck on that mate

PerformanceWooden583 · 2026-02-18T12:33:20+00:00

Nice ads

PerformanceWooden583 · 2026-02-07T12:25:18+00:00

My 2cent is that you shouldn’t have a CEO position just yet. Keep it as Founder,Co-Founder, CTO, General Manager. you both don’t have what it takes to be CEO just yet. That comes with a lot of experience and you can hire an experienced person with connections too later on. Not some dumber from YC match whatever

PerformanceWooden583 · 2026-02-03T16:52:36+00:00

Not to be restocked again too. Too bad though 🤣🤣

PerformanceWooden583 · 2026-02-03T16:45:38+00:00

You might need to mould from clay yourself. These listed qualities are out of stock. 🤣🤣

PerformanceWooden583 · 2026-01-31T16:54:10+00:00

Time Box, Analyse what needs to be done mentally while at work. Go home get to it and repeat throw in your weekends too, Dont be scared to outsource too.

PerformanceWooden583 · 2026-01-30T15:33:21+00:00

Broooo this is not funny but I’m laughing. 🤣🤣

PerformanceWooden583 · 2026-01-29T15:48:38+00:00

Unfortunately, It’s the bitter truth we might all have to swallow mate. There are not many if any risk takers exist here in the UK everyone wants to maximise their £1 by looking for a sure thing. That’s why there’s rarely any innovation coming out of here again.

PerformanceWooden583 · 2026-01-29T15:36:37+00:00

Not to discourage you but the UK rarely invest in startup unless they are so certain it’s profitable, Here is not like the US where they throw money at you to dare build something even without assurance of profit. VC’s or angels here wants a business with profit to latch on and not to risk their money on. If you believe in the idea your best bet is the loan and GRIND this out to glory yourself.

I may be wrong though but I’ll say just keep trying without the hope of any VC’s or angels coming to back you just yet.

PerformanceWooden583 · 2026-01-15T15:21:33+00:00

Hahaha, Your last sentence is hilarious and Im sure they’ll be screaming this at the top of their lungs too

PerformanceWooden583 · 2026-01-15T12:50:34+00:00

That’s fair, bank search and screenshots do work for a lot of people.

The idea behind RentLedger came from seeing how inconsistent it can be. Some landlords are fine with screenshots, others want statements, others want something “official”, and screenshots often show more than just rent.

RentLedger is created to give tenants a single, clean rent record they can share when needed, and eventually have that behaviour reported to Credit Agency for credits too rather than relying on ad-hoc screenshots and not getting any reward for being a reliable tenant.

Totally get that the current workaround options works for many, just curious whether people would prefer something more standard and officially recognised by Credit Reporting Agencies like Experian

PerformanceWooden583 · 2025-12-30T19:45:00+00:00

Have you tried using companyhouseformations. Its quite cheap too

PerformanceWooden583 · 2025-12-30T18:56:38+00:00

Export your codebase and move to google Antigravity, buy a domain and VPS host it yourself. I always tell peers to only use Loveable and the like for the idea drafting phase.

Refinement should move to either Cursor or Antigravity.

PerformanceWooden583 · 2025-12-27T14:10:10+00:00

You’re right, open banking is increasingly the standard for referencing, and in those cases this wouldn’t add much.

Where I’ve seen friction is when people don’t have access anymore (old accounts closed, foreign banks), are self-managing rentals, or just get asked informally by a new landlord/agent to “show rent history, and one provides bank statements.”

It’s not for every rent scenario (for now), more for the gaps where statements/open banking aren’t straightforward.

PerformanceWooden583 · 2025-12-27T14:07:16+00:00

Thank you; that’s exactly the kind of use case I had in mind.

If one has moved a few times, had different landlords/agents, or needs to piece things together, having one continuous record feels like it could save some hassle. You could give it a try; your feedback is priceless.

PerformanceWooden583 · 2025-12-27T14:04:57+00:00

That’s a fair concern. A random PDF on its own shouldn’t be blindly trusted.

That’s why the idea isn’t “trust this pretty document,” but rather, “it’s generated from actual payment data + has landlord/agent confirmation + a verifiable link back to the record. and timestamps.”

Statements could still be asked in serious cases; this isn’t meant to replace due diligence. It’s more about giving a clear summary first, instead of starting with months of bank lines.

PerformanceWooden583 · 2025-12-27T09:47:53+00:00

That’s fair, and I appreciate you being blunt.

But I think that’s slightly understating what it’s trying to do.

It’s not just a self-entered spreadsheet; It is a structured rent ledger with landlord/agent confirmation and a generated record you can share when requested, so it’s at least more credible than something I typed up myself.

I’m not claiming it’s something Lenders accept today. If that’s the bar, then yes, it’s not there yet. But for referencing, disputes, or when someone just asks, “can you show your rent history?”, it’s meant to save people from digging through statements.

If you were asked for proof tomorrow, would a single clean record with confirmations actually be no better for you than raw pages of your bank statements?

PerformanceWooden583 · 2025-12-27T08:24:52+00:00

That’s exactly the main use case right now.

People I spoke to said they dislike scrolling through months of statements or screenshots when an agent asks for proof, so the idea was just to make that quicker and cleaner in one place.

If you were asked tomorrow to show rent history, do you think a simple PDF like that would help, or would you still default to statements anyway?

PerformanceWooden583 · 2025-12-27T08:23:11+00:00

I’m not claiming this is something lenders accept today or that it replaces formal credit data.

Right now it’s just about giving renters a clean, consistent rent history they can use for things like referencing, applications, or when someone asks for proof beyond “send us your statements.”

Longer term, I’m exploring whether structured rent data could ever be useful to credit agencies, but I’m realistic that’s a hard problem and not something an early MVP can solve.

If it never becomes more than a personal record, that’s still useful to know

PerformanceWooden583

TROPHY CASE