PHILIP LANG (CYCLES) LTD
🌳Matureactive
SC242689 · ltd · incorporated 2003-01-22
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 16.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£228.0k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 47640
Sector: Wholesale & retail
Investor take
PursueAsset-holding vehicle with a 67-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 16.1y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 16.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
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
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
63 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)Positive net assets
Net assets £228,041
Net assets shrinking
Down £8,090 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£228k
↓ 3.4% YoY
Current Assets
£272k
↑ 113% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £254.7k | £252.8k |
| Current assets | £272.3k | £127.7k |
| Net assets | £228.0k | £236.1k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2025-08-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-06-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-06-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-06-07🔓Charge satisfied #1
- 2023-11-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-22📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-06-18➖LANG, Grenfell Wallace resignedsecretary
- 2022-11-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-23📄change-person-director-company-with-change-dateofficers · CH01
- 2021-03-23📄change-person-director-company-with-change-dateofficers · CH01
- 2021-03-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-03-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-01-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2011-12-27➕LANG, David William appointeddirector
- 2010-04-08🔒Charge registered #1Lender: Bank of Scotland PLC
- 2010-02-12➕LANG, Andrew Grenfell appointeddirector
- 2003-01-22🏢Company incorporatedAs PHILIP LANG (CYCLES) LTD
- 2003-01-22➕LANG, Grenfell Stuart appointeddirector
- 2003-01-22➕LANG, Grenfell Wallace appointedsecretary
Owner dependency
98/100
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
- +Founder name in company name: Company name contains director surname "LANG" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Grenfell Stuart Lang Individual · British · DOB 06/1959 · age 67 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Andrew Grenfell Lang Individual · British · DOB 01/1989 · age 37 | — | — | board controlboard control | 06/04/2016 |
David William Lang Individual · British · DOB 12/1990 · age 36 | — | — | board controlboard control | 06/04/2016 |
1 historic (ceased) PSC
- Grenfell Wallace Langceased 18/06/2023· 25-50% shares
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 · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| SALES TODAY LIMITED→ SC444908 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| SALRAM LIMITED→ SC121294 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| SAM INTER LTD→ SC855560 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SAMINATHAN RETAILERS LIMITED→ SC635990 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| SAMY HEALTH LTD→ SC782622 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| SANYA CHAITAN LTD→ SC545888 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| SAQIB ALI RAZA LTD→ SC834366 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| SARACEN HARDWARE LTD→ SC740010 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| SASHA SUBS LIMITED→ SC555727 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| SAVERS PS LIMITED→ SC523925 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| SAVINGHUB LTD→ SC668474 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| SAVVY COMMERCE LTD→ SC882433 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2003-01-22
Jurisdictionscotland
Primary SIC47640 — SIC 47640
Registered office
163 Gallowgate
Glasgow
G1 5ED
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-20
Last: 2025-06-06
Officers (3 active · 1 resigned)
LANG, Andrew Grenfell→
Activedirector · ~37y · appointed 2010-02-12
View their other companies + combined net worth →
LANG, David William→
Activedirector · ~36y · appointed 2011-12-27
View their other companies + combined net worth →
LANG, Grenfell Stuart→
Activedirector · ~67y · appointed 2003-01-22
View their other companies + combined net worth →
LANG, Grenfell Wallace→
Resignedsecretary · appointed 2003-01-22 · resigned 2023-06-18
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 08/04/2010 | 07/06/2024 |
Recent filings (63 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-24
mortgage-satisfy-charge-full
mortgage · MR04
2024-06-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-06-22
termination-secretary-company-with-name-termination-date
officers · TM02
2023-06-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-31
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-23