LAWRIE (FURNISHINGS) LIMITED

💤Zombieactive
SC285388 · ltd · incorporated 2005-05-26
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£491.0k
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Wholesale of furniture, carpets and lighting equipment
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 62-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 62). 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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 20.9y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 20.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
55 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 · accounting standard not declared
Positive net assets
Net assets £490,968
Cash YoY
+73%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£342k
↑ 73% YoY
Net Worth
£491k
↑ 131% YoY
Current Assets
£869k
↑ 89% YoY
Current Liabilities
£0£174k£348k£522k£695k£869kMar 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
Total assets£792.4k£259.9k
Current assets£869.2k£460.7k
Cash£342.3k£197.7k
Debtors£490.1k£227.9k
Net assets£491.0k£213.0k

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

🔒Filing-note intelligence

3 signals 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 (26 events)Click to expand
  1. 2025-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-08-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-11-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-03-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2019-11-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2019-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-09-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-08-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-06-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-06-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-06-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-06-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2014-06-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2011-03-31
    MURPHY, Catherine appointed
    secretary
  18. 2011-03-31
    MURPHY, William Farrell appointed
    director
  19. 2011-03-31
    CARRICK KERR & CO resigned
    corporate-secretary
  20. 2011-03-31
    EDWARDS, James resigned
    director
  21. 2005-06-28
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  22. 2005-05-26
    🏢
    Company incorporated
    As LAWRIE (FURNISHINGS) LIMITED
  23. 2005-05-26
    CARRICK KERR & CO appointed
    corporate-secretary
  24. 2005-05-26
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  25. 2005-05-26
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  26. 2005-05-26
    EDWARDS, James 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 15 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

78/100
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 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 21 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr William Farrell Murphy
Individual · British · DOB 10/1964 · age 62
sig. influencesignificant influence26/05/2017
Mrs Catherine Elizabeth Murphy
Individual · British · DOB 03/1963 · age 63
sig. influencesignificant influence26/05/2017

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 · Wholesale & distribution · PA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
SPRINGBANK DISTILLERS LIMITED
SC041205 · est 1964
£5.47M
£4.10M£6.83M
2461y8390y
COPPENRATH & WIESE (UK) LIMITED
SC073174 · est 1980
£4.29M
£3.22M£5.36M
1445y8162y
WILLIAM CADENHEAD LIMITED
SC052072 · est 1972
1153y8390y
BATHROOM ELEGANCE LIMITED
SC137829 · est 1992
£1.73M34y8263y
CMC (SHIP CHANDLERS) LIMITED
SC110574 · est 1988
20038y8259y
CUMBRAE SUPPLY COMPANY LIMITED
SC298312 · est 2006
£136.4k20y8274y
D MCNAIR & SON LTD.
SC394139 · est 2011
£3.04M15y8261y
JOHN SCOTT MEAT (PAISLEY) LIMITED
SC100408 · est 1986
£3.21M39y8265y
NAPIER & CRAIG LIMITED
SC025896 · est 1947
£96.8k78y8287y
SCOTJET LIMITED
SC190195 · est 1998
£1.35M27y8270y
SEALING SYSTEMS (SCOTLAND) LIMITED
SC385524 · est 2010
£175.4k15y8263y
T BARBOUR LIMITED
SC318804 · est 2007
50019y8280y
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
Incorporated2005-05-26
Jurisdictionscotland
Primary SIC46470 — Wholesale of furniture, carpets and lighting equipment

Registered office

8 Unit 4 Maritime Court
8 Cartside Avenue
Inchinan
Renfrew
PA4 9RX
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-09
Last: 2025-05-26

Officers (2 active · 3 resigned)

MURPHY, Catherine
secretary · appointed 2011-03-31
View their other companies + combined net worth →
Active
MURPHY, William Farrell
director · ~62y · appointed 2011-03-31
View their other companies + combined net worth →
Active
CARRICK KERR & CO
corporate-secretary · appointed 2005-05-26 · resigned 2011-03-31
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2005-05-26 · resigned 2005-05-26
Resigned
EDWARDS, James
director · ~67y · appointed 2005-05-26 · resigned 2011-03-31
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property28/06/2005
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (55 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-03-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-11-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-07