FRAMED IMAGES WORKSHOPS LIMITED
💤Zombieactive
SC190202 · ltd · incorporated 1998-10-12
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 Mar 2025
Net worth
£31.2k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 70-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 27.3y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 27.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 1 with DOB)
73
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £31,193
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£31k
~ YoY
Current Assets
£31k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £31.2k | £31.2k |
| Current assets | £31.2k | £31.2k |
| Debtors | £31.2k | £31.2k |
| Net assets | £31.2k | £31.2k |
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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2025-10-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-01-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-29📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-12-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-12-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-10-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-10-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-07-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-05-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-09-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-05-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-07-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-10-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-04-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-04-01➕STEEDMAN, Peter appointedsecretary
- 2010-03-31➖CLYDESDALE, Gail resignedsecretary
- 2006-05-19➕CLYDESDALE, Gail appointedsecretary
- 2006-05-18➖STEEDMAN, Norma resignedsecretary
- 1999-01-11🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1998-10-29➕STEEDMAN, Peter appointeddirector
- 1998-10-29➕STEEDMAN, Norma appointedsecretary
- 1998-10-29➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 1998-10-29➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
- 1998-10-12🏢Company incorporatedAs FRAMED IMAGES WORKSHOPS LIMITED
- 1998-10-12➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 1998-10-12➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-director
Owner dependency
100/100
Critical — business is the founderThe 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.
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 70 — succession pressure is live.
Succession & seller-readiness
100/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 28 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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 Peter Steedman Individual · British · DOB 03/1956 · age 70 | 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 · Retail · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BEST BUY STORE LTD→ SC868863 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DUNIPACE RETAIL LTD→ SC776776 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| EKAMMAM LIMITED→ SC786969 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ERSKINE MOBILE EYECARE LIMITED→ SC479984 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| FALKIRK DESSERT LIMITED→ SC857455 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FANTASTIC PLASTIC TOYS AND COLLECTIBLES LTD→ SC805550 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| FIRESTORM (SCOTLAND) LTD→ SC277707 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| FLAVAZ DESSERT PARLOUR LTD→ SC467887 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| FORBES & FORBES HOLDINGS LTD→ SC877582 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| GANG FORWARD MMA LTD→ SC781868 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| GARTMORE VILLAGE SHOP CIC→ SC874664 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| GEORGE KIRK AND SONS LIMITED→ SC301470 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
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
Incorporated1998-10-12
Jurisdictionscotland
Primary SIC47789 — Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
Registered office
Unit 4 Munro Road
Springkerse Industrial Estate
Stirling
FK7 7XQ
Scotland
Filing status
Accounts
Next due: 2026-12-30
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-06
Last: 2026-01-23
Officers (2 active · 4 resigned)
Active
STEEDMAN, Peter→
Activedirector · ~70y · appointed 1998-10-29
View their other companies + combined net worth →
CLYDESDALE, Gail→
Resignedsecretary · appointed 2006-05-19 · resigned 2010-03-31
STEEDMAN, Norma→
Resignedsecretary · appointed 1998-10-29 · resigned 2006-05-18
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1998-10-12 · resigned 1998-10-29
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 1998-10-12 · resigned 1998-10-29
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 11/01/1999 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (73 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-13
accounts-with-accounts-type-dormant
accounts · AA
2025-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-09
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-12-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-15
accounts-with-accounts-type-dormant
accounts · AA
2023-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-01
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-22
accounts-with-accounts-type-dormant
accounts · AA
2022-12-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-26
accounts-with-accounts-type-dormant
accounts · AA
2021-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-23
accounts-with-accounts-type-dormant
accounts · AA
2020-07-02