LIGHTBODY HOLDINGS LIMITED
🌳Matureactive
SC194711 · ltd · incorporated 1999-03-23
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with exceptional profile and acceptable with review structure.
Opportunity 80/100 (exceptional), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 10 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
14 live charges · 10 lenders · oldest 27.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 27.1 years old — likely at or near maturity.
- · 10 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
14 officers (4 active, 14 linked, 9 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
136 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
4
filings
- • 2 mortgage
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (67 events)Click to expand
- 2026-03-30📄accounts-with-accounts-type-fullaccounts · AA
- 2025-12-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-26🔒Charge registered #14Lender: Glas Trust Corporation Limited (As Security Agent and Trustee for the Beneficiaries)
- 2025-11-26🔒Charge registered #13Lender: Glas Trust Corporation Limited (As Security Agent)
- 2025-06-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-05🔓Charge satisfied #10
- 2025-06-05🔓Charge satisfied #7
- 2025-03-17📄accounts-with-accounts-type-fullaccounts · AA
- 2024-04-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-12🔒Charge registered #12Lender: Glas Trust Corporation Limited (As Security Agent for the Beneficiaries)
- 2024-04-12🔒Charge registered #11Lender: Glas Trust Corporation Limited (As Security Agent)
- 2024-03-11📄accounts-with-accounts-type-fullaccounts · AA
- 2023-12-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-12-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-12-07🔓Charge satisfied #9
- 2023-12-07🔓Charge satisfied #8
- 2023-04-04📄accounts-with-accounts-type-fullaccounts · AA
- 2022-07-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-27🔒Charge registered #10Lender: Hsbc Corporate Trustee Company (UK) Limited (as Security Trustee)
- 2022-06-27🔒Charge registered #9Lender: Hsbc Corporate Trustee Company (UK) Limited (as Security Trustee)
- 2022-03-10📄accounts-with-accounts-type-fullaccounts · AA
- 2021-06-09📄accounts-with-accounts-type-fullaccounts · AA
- 2020-01-20📄change-person-director-company-with-change-dateofficers · CH01
- 2020-01-03📄accounts-with-accounts-type-fullaccounts · AA
- 2019-04-02➕ONE ADVISORY LIMITED appointedcorporate-secretary
- 2019-03-04➖HEENEY, Caroline resignedsecretary
- 2018-08-07➕HILL, Steven Paul appointeddirector
- 2018-03-02🔓Charge satisfied #6
- 2018-03-02🔓Charge satisfied #5
- 2018-03-02🔓Charge satisfied #4
- 2018-03-02🔓Charge satisfied #3
- 2018-03-02🔓Charge satisfied #2
- 2018-02-22🔒Charge registered #8Lender: Hsbc Corporate Trustee Company (UK) Limited as Security Trustee
- 2018-02-22🔒Charge registered #7Lender: Hsbc Corporate Trustee Company (UK) Limited (as Security Trustee)
- 2017-09-13➕HEENEY, Caroline appointedsecretary
- 2017-06-15➖COX, Melanie Rachel resignedsecretary
- 2015-12-31➕COX, Melanie Rachel appointedsecretary
- 2015-12-31➖CITY GROUP PLC resignedcorporate-secretary
- 2014-10-30🔒Charge registered #6Lender: Hsbc Corporate Trustee Company (UK) Limited
- 2014-06-30➖LIGHTBODY, Martin Wightman resigneddirector
- 2013-11-30➖CURRIE, David Crawford resigneddirector
- 2010-04-01➖MORGAN, Lisa Margaret Wendy resigneddirector
- 2010-01-20➕BOYD, Stephen Alexander appointeddirector
- 2009-10-19➕DUFFY, John Gerald appointeddirector
- 2008-09-29➖BROOKS, David Gary resigneddirector
- 2007-03-20🔓Charge satisfied #1
Showing most recent 50 of 67 events
Owner dependency
68/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
73/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 27 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Lightbody Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Lightbody Group Limited
Corporate parent · holds 75-100% shares · board control
⬇
LIGHTBODY HOLDINGS LIMITED
This company · SC194711
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Lightbody Group Limited Corporate entity | 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 · Food & drink · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DAVIDSON BROTHERS (SHOTTS) LIMITED→ SC025270 · est 1947 | £13.67M £10.07M–£17.27M | — | — | 69 | 79y | 84 | 79y |
| BLAIRMHOR DISTILLERS LIMITED→ SC140080 · est 1992 | — | — | £0 | — | 33y | 83 | 77y |
| BLAIRMHOR LIMITED→ SC099017 · est 1986 | — | — | £9.05M | — | 39y | 83 | 77y |
| LAZY DAY FOODS LIMITED→ SC298222 · est 2006 | — | — | £2.52M | — | 20y | 83 | 71y |
| CENTRAL BAKERY SUPPLIES LTD.→ SC370821 · est 2010 | — | — | — | 900 | 16y | 82 | 65y |
| GARDINERS OF SCOTLAND LIMITED→ SC207381 · est 2000 | — | — | £2.80M | — | 25y | 82 | 85y |
| BRAND NEW CAKE LIMITED→ SC379264 · est 2010 | — | — | — | — | 15y | 80 | 61y |
| CALIFORNIA CAKE COMPANY LIMITED→ SC204757 · est 2000 · no financials extracted | — | — | — | — | 26y | 80 | 64y |
| CAMPBELLS FUDGE LIMITED→ SC394263 · est 2011 | — | — | — | 200 | 15y | 80 | 62y |
| DENHOLM BAKERS LTD→ SC358592 · est 2009 | — | — | £149.5k | — | 17y | 80 | 74y |
| INVER HOUSE DISTILLERS LIMITED→ SC040036 · est 1964 · no financials extracted | — | — | — | — | 62y | 80 | 72y |
| JINXY LIMITED→ SC254032 · est 2003 | — | — | £56.3k | — | 22y | 80 | 72y |
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
Incorporated1999-03-23
Jurisdictionscotland
Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes
Registered office
73 Bothwell Road
Hamilton
Lanarkshire
ML3 0DW
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-28
Confirmation statement
Next due: 2027-01-28
Last: 2026-01-14
Officers (4 active · 10 resigned)
ONE ADVISORY LIMITED→
Activecorporate-secretary · appointed 2019-04-02
View their other companies + combined net worth →
BOYD, Stephen Alexander→
Activedirector · ~64y · appointed 2010-01-20
View their other companies + combined net worth →
DUFFY, John Gerald→
Activedirector · ~61y · appointed 2009-10-19
View their other companies + combined net worth →
HILL, Steven Paul→
Activedirector · ~43y · appointed 2018-08-07
View their other companies + combined net worth →
COX, Melanie Rachel→
Resignedsecretary · appointed 2015-12-31 · resigned 2017-06-15
HEENEY, Caroline→
Resignedsecretary · appointed 2017-09-13 · resigned 2019-03-04
LIGHTBODY, Jessie Gwendoline Dobson→
Resignedsecretary · appointed 1999-03-23 · resigned 2007-02-22
CITY GROUP PLC→
Resignedcorporate-secretary · appointed 2007-02-22 · resigned 2015-12-31
BROOKS, David Gary→
Resigneddirector · ~59y · appointed 2007-02-22 · resigned 2008-09-29
CURRIE, David Crawford→
Resigneddirector · ~66y · appointed 2007-02-22 · resigned 2013-11-30
LIGHTBODY, Jessie Gwendoline Dobson→
Resigneddirector · ~91y · appointed 1999-03-23 · resigned 2007-02-22
LIGHTBODY, Martin Wightman→
Resigneddirector · ~63y · appointed 1999-03-23 · resigned 2014-06-30
LIGHTBODY, Robert Martin→
Resigneddirector · ~90y · appointed 1999-03-23 · resigned 2007-02-22
MORGAN, Lisa Margaret Wendy→
Resigneddirector · ~55y · appointed 2007-02-22 · resigned 2010-04-01
Click a director name to see their full track record across all companies.
Mortgages & charges
14
Total charges
4
Outstanding
3
Active lenders
Status:Lender:14 of 14 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Glas Trust Corporation (As Security Agent and Trustee for the Beneficiaries) Glas Trust Corporation Limited (As Security Agent and Trustee for the Beneficiaries) | A registered charge | 1 property | 26/11/2025 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | — | 26/11/2025 | — | |
| outstanding | Glas Trust Corporation (As Security Agent for the Beneficiaries) Glas Trust Corporation Limited (As Security Agent for the Beneficiaries) | A registered charge | — | 12/04/2024 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | — | 12/04/2024 | — | |
| satisfied | HSBC Hsbc Corporate Trustee Company (UK) Limited (as Security Trustee) | A registered charge | — | 27/06/2022 | 05/06/2025 | |
| satisfied | HSBC Hsbc Corporate Trustee Company (UK) Limited (as Security Trustee) | A registered charge | 1 property | 27/06/2022 | 07/12/2023 | |
| satisfied | HSBC Hsbc Corporate Trustee Company (UK) Limited as Security Trustee | A registered charge | 1 property | 22/02/2018 | 07/12/2023 | |
| satisfied | HSBC Hsbc Corporate Trustee Company (UK) Limited (as Security Trustee) | A registered charge | — | 22/02/2018 | 05/06/2025 | |
| satisfied | HSBC Hsbc Corporate Trustee Company (UK) Limited | A registered charge | 2 properties | 30/10/2014 | 02/03/2018 | |
| satisfied | HSBC Hsbc Bank PLC | Deed of pledge | 1 property | 22/02/2007 | 02/03/2018 | |
| satisfied | HSBC Hsbc Equipment Finance (UK) Limited | Floating charge | 1 property | 22/02/2007 | 02/03/2018 | |
| satisfied | HSBC Hsbc Asset Finance (UK) Limited | Floating charge | 1 property | 22/02/2007 | 02/03/2018 | |
| satisfied | HSBC Hsbc Bank PLC | Floating charge | 1 property | 22/02/2007 | 02/03/2018 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 31/03/1999 | 20/03/2007 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (136 total)
accounts-with-accounts-type-full
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-27
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-05
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-05
accounts-with-accounts-type-full
accounts · AA
2025-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-15
accounts-with-accounts-type-full
accounts · AA
2024-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-21
mortgage-satisfy-charge-full
mortgage · MR04
2023-12-07
mortgage-satisfy-charge-full
mortgage · MR04
2023-12-07
accounts-with-accounts-type-full
accounts · AA
2023-04-04