SNUGBUGS LIMITED

💤Zombieactive
SC206724 · ltd · incorporated 2000-05-02
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
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: SIC 13921
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 58). 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).

Data confidence

Overall: medium (77/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
63 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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31

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

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
3
filings
  • 1 gazette
  • 1 dissolution
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-04-07
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-03-27
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2025-12-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-12-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-12-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2023-11-16
    WITNEY, Brian David, Professor resigned
    director
  7. 2023-11-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2023-01-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-01-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2020-12-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2020-05-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2019-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-12-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-07-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2017-01-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-06-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2001-07-08
    HUNTER, Steven resigned
    director
  19. 2001-07-08
    WITNEY, Brian David, Professor appointed
    director
  20. 2000-05-02
    🏢
    Company incorporated
    As SNUGBUGS LIMITED
  21. 2000-05-02
    WITNEY-HUNTER, Melissa appointed
    secretary
  22. 2000-05-02
    WITNEY-HUNTER, Melissa appointed
    director
  23. 2000-05-02
    HUNTER, Steven appointed
    director

Owner dependency

93/100
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.
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 26 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

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
NameSharesVoting rightsNature of controlNotified
Melissa Witney-Hunter
Individual · British · DOB 08/1968 · age 58
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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

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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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2000-05-02
Jurisdictionscotland
Primary SIC13921 — SIC 13921

Registered office

11 South Barnton Avenue
Edinburgh
EH4 6AN

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-16
Last: 2025-05-02

Officers (2 active · 2 resigned)

WITNEY-HUNTER, Melissa
secretary · appointed 2000-05-02
View their other companies + combined net worth →
Active
WITNEY-HUNTER, Melissa
director · ~58y · appointed 2000-05-02
View their other companies + combined net worth →
Active
HUNTER, Steven
director · ~58y · appointed 2000-05-02 · resigned 2001-07-08
Resigned
WITNEY, Brian David, Professor
director · ~88y · appointed 2001-07-08 · resigned 2023-11-16
Resigned

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

Recent filings (63 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-07
dissolution-application-strike-off-company
dissolution · DS01
2026-03-27
accounts-with-accounts-type-dormant
accounts · AA
2025-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-25
accounts-with-accounts-type-dormant
accounts · AA
2024-12-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-15
accounts-with-accounts-type-dormant
accounts · AA
2023-12-29
termination-director-company-with-name-termination-date
officers · TM01
2023-11-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-01
accounts-with-accounts-type-dormant
accounts · AA
2023-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-30
accounts-with-accounts-type-dormant
accounts · AA
2022-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-23
accounts-with-accounts-type-dormant
accounts · AA
2020-12-05
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-18