BUCHANAN LIGHTING LIMITED

💤Zombieactive

09265480 · ltd · incorporated 2014-10-15

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Oct 2025

Net worth

—

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: SIC 46150

Sector: Wholesale & retail

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 11.0y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 11.0 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: high (87/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

3 years of iXBRL accounts extracted + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

1 officers (1 active, 1 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

3 connected companies via shared directors

Filing history

26 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

3 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-10-31	2024-10-31	2023-10-31
Average employees	3	200	200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (18 events)Click to expand

2026-06-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-31
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-01
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-07
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-07-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-07-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-03-29
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-07-13
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-10-23
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-08-03
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2015-07-26
🔒
Charge registered #1
Lender: Barclays Bank PLC
2014-10-15
🏢
Company incorporated
As BUCHANAN LIGHTING LIMITED
2014-10-15
➕
BUCHANAN, Ross appointed
director

Owner dependency

100/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.
+Founder name in company name: Company name contains director surname "BUCHANAN" — strong identity link between founder and business.
+Senior director age: Director aged approximately 60 — approaching natural succession window.
+No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

60/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Ross Buchanan Individual · British · DOB 04/1966 · age 60	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

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 →

Similar companies

Active · Wholesale & distribution · OX postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BLUE TRIANGLE LIMITED→ 15338428 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
CAIGATE HYBRID MICROGRID LIMITED→ 11287424 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
CHW CELLARS LTD→ 14759139 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
CIRCPRO (UK) LIMITED→ 12501824 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
CLEAR VIEW IMAGING LIMITED→ 06536557 · est 2008 · no financials extracted	—	—	—	—	18y	—	—
CLEMOR PRODUCE LIMITED→ 16913464 · est 2025 · no financials extracted	—	—	—	—	—	—	—
CLEVER TECHNOLOGY SOLUTIONS LTD→ 08395135 · est 2013 · no financials extracted	—	—	—	—	13y	—	—
CONDOR WINES LTD→ 07670221 · est 2011 · no financials extracted	—	—	—	—	14y	—	—
CONNECT INTELLIGENCE LIMITED→ 04710134 · est 2003 · no financials extracted	—	—	—	—	23y	—	—
CONNECT OIL LIMITED→ 04236753 · est 2001 · no financials extracted	—	—	—	—	24y	—	—
CONNECT PURCHASING LIMITED→ 08779607 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
CONSORTIUM MARITIME TRADING LIMITED→ 08782385 · est 2013 · no financials extracted	—	—	—	—	12y	—	—

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

Incorporated2014-10-15

Jurisdictionengland-wales

Primary SIC46150 — SIC 46150

Registered office

Unit 16 Suffolk House 263 Banbury Road

Oxford

OX2 7HN

England

Filing status

Accounts

Next due: 2027-07-31

Last made up to: 2025-10-31

Confirmation statement

Next due: 2026-10-29

Last: 2025-10-15

Officers (1 active · 0 resigned)

BUCHANAN, Ross→

director · ~60y · appointed 2014-10-15

View their other companies + combined net worth →

Active

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Barclays Barclays Bank PLC	A registered charge	—	26/07/2015	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (26 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-06-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-10-23

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-07-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-10-28

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-07-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-10-31

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2023-10-31

accounts-with-accounts-type-micro-entity

accounts · AA

2023-07-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-02-23

accounts-with-accounts-type-micro-entity

accounts · AA

2022-08-01

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-12-15

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2021-10-07

accounts-with-accounts-type-micro-entity

accounts · AA

2021-07-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-11-09

accounts-with-accounts-type-micro-entity

accounts · AA

2020-10-21