CELTIC DESIGN LTD
Opportunity 68/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
2 live charges · oldest 2.7y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.7 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Average employees | 1900 | 1700 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
Corporate timeline (28 events)Click to expand
- 2026-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-09🔒Charge registered #2Lender: Atom Bank PLC
- 2023-08-07🔒Charge registered #1Lender: Atom Bank PLC
- 2022-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-24📄change-person-director-company-with-change-dateofficers · CH01
- 2019-12-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-02-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-07-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-01-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-05-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-01-17➖ALI, Leikit Reeial resignedsecretary
- 2004-04-27➕YADGARIAN, Benyamin appointeddirector
- 2004-04-27➕ALI, Leikit Reeial appointedsecretary
- 2004-04-26🏢Company incorporatedAs CELTIC DESIGN LTD
- 2004-04-26➕PETER TRAINER COMPANY SECRETARIES LTD. appointedcorporate-nominee-secretary
- 2004-04-26➖PETER TRAINER COMPANY SECRETARIES LTD. resignedcorporate-nominee-secretary
- 2004-04-26➕PETER TRAINER COMPANY SECRETARIES LTD. appointedcorporate-nominee-director
- 2004-04-26➖PETER TRAINER COMPANY SECRETARIES LTD. resignedcorporate-nominee-director
- 2004-04-26➕PETER TRAINER CORPORATE SERVICES LTD. appointedcorporate-nominee-director
- 2004-04-26➖PETER TRAINER CORPORATE SERVICES LTD. resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-01-07
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Benyamin Yadgarian Individual · Israeli · DOB 12/1972 · age 54 | — | — | sig. influencesignificant influence | 26/04/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (1 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Atom Bank Atom Bank PLC | A registered charge | 1 property | 09/08/2023 | — | |
| outstanding | Atom Bank Atom Bank PLC | A registered charge | — | 07/08/2023 | — |