DANIC LIGHTING LIMITED
🌳Matureactive
SC226617 · ltd · incorporated 2001-12-28
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 23.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£-29.1k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Wholesale of furniture, carpets and lighting equipment
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 80). 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 (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 23.6y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 23.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (76/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
71 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 105 (micro)Negative net assets
Liabilities exceed assets by £29,053
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£29k
↓ 16% YoY
Current Assets
£481k
↑ 6.0% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £-6.3k | £-5.9k |
| Current assets | £480.7k | £453.3k |
| Net assets | £-29.1k | £-25.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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
- 2025-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-01-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-10-12📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-01-25📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-10-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-01-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-09-10📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-04-14🔓Charge satisfied #1
- 2006-12-20🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2003-01-01➕FERGUSON, David James appointedsecretary
- 2002-09-17🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 2002-01-01➕FERGUSON, David James appointeddirector
- 2001-12-28🏢Company incorporatedAs DANIC LIGHTING LIMITED
- 2001-12-28➕FERGUSON, David appointeddirector
- 2001-12-28➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2001-12-28➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2001-12-28➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2001-12-28➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
91/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 80 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
96/100
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 80 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David James Ferguson Individual · British · DOB 03/1980 · age 46 | 50–75% | — | 50-75% shares | 01/05/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FAST FIXINGS SCOTLAND LTD→ SC819995 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| FDL REALISATIONS LIMITED→ SC021368 · est 1940 · no financials extracted | — | — | — | — | 86y | — | — |
| FERGUSON WHISKY LIMITED→ SC705544 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| FH WHOLESALE LIMITED→ SC841041 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| FIFTH TASTE QUALITY IMPORTS LTD→ SC734040 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| FINAL SCOOP LTD→ SC776546 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| FINE STONE LTD→ SC337987 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| FIRST HALAL MEAT LTD→ SC707980 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| FIVEQUESTIONS LTD→ SC809115 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| FKBTEX LIMITED→ SC884014 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| FLEMING & COMPANY (MACHINERY) LIMITED→ SC021652 · est 1941 · no financials extracted | — | — | — | — | 85y | — | — |
| FLEXOTECH INDUSTRIES (UK) LIMITED→ SC840296 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2001-12-28
Jurisdictionscotland
Primary SIC46470 — Wholesale of furniture, carpets and lighting equipment
Registered office
Unit 102 25 Clydesmill Road
Clydesmill Industrial Estate
Glasgow
G32 8RE
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-11
Last: 2025-12-28
Officers (3 active · 2 resigned)
FERGUSON, David James→
Activesecretary · appointed 2003-01-01
View their other companies + combined net worth →
FERGUSON, David James→
Activedirector · ~46y · appointed 2002-01-01
View their other companies + combined net worth →
FERGUSON, David→
Activedirector · ~80y · appointed 2001-12-28
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2001-12-28 · resigned 2001-12-28
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2001-12-28 · resigned 2001-12-28
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 20/12/2006 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 17/09/2002 | 14/04/2011 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (71 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-01-16