SAXEN LTD
💤Zombieactive
SC293726 · ltd · incorporated 2005-11-27
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 Dec 2024
Net worth
£184.8k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 79/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -87% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 18.1y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 18.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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 (1 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
62 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 declaredPositive net assets
Net assets £184,800
Cash draining
Cash down 87% YoY
Cash YoY
-87%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£24k
↓ 87% YoY
Net Worth
£185k
↑ 6.6% YoY
Current Assets
£603k
↓ 20% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £299.3k | £275.2k |
| Current assets | £602.8k | £751.2k |
| Cash | £24.3k | £185.5k |
| Debtors | £418.9k | £520.7k |
| Net assets | £184.8k | £173.4k |
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
1
filing
- • 1 mortgage
Last 90 days
1
filing
- • 1 mortgage
Last 180 days
2
filings
- • 1 mortgage
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2026-04-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-15🔓Charge satisfied #1
- 2025-09-05📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2025-07-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-03-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-03-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-05➕DUTTON, Ross appointeddirector
- 2025-03-05➖MCKEE, Lynne resigneddirector
- 2025-03-05➖WALLACE, Shirley Janet resigneddirector
- 2024-09-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-05-11➖WALLACE, Shirley Janet resignedsecretary
- 2021-05-11➕WALLACE, Shirley Janet appointeddirector
- 2021-05-11📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-03-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-04-09➖LOUDOUN, Ruth resigneddirector
- 2020-04-09➕MCKEE, Lynne appointeddirector
- 2020-04-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-04-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-02-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2008-03-27🔒Charge registered #1Lender: Royal Bank of Scotland PLC
- 2005-11-27🏢Company incorporatedAs SAXEN LTD
- 2005-11-27➕WALLACE, Shirley Janet appointedsecretary
- 2005-11-27➕LOUDOUN, Ruth appointeddirector
Owner dependency
83/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
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.
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 Ross Dutton Individual · British · DOB 01/1964 · age 62 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 05/03/2025 |
1 historic (ceased) PSC
- Ms Shirley Janet Wallaceceased 05/03/2025· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Retail · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| NATIONAL MINI MARKET LTD→ SC863339 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| NISA DRONGAN LTD→ SC796963 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| OS & NLJ LTD→ SC858982 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PARGOLF LTD→ SC859851 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| POCKETFUL OF JOY LTD→ SC846555 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| POKEVO LIMITED→ SC841941 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| PRIME CUTS FINEST LTD→ SC686469 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ROBOATTIC LTD→ SC865653 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SAAD WALANA LTD→ SC847333 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SAIF'S SUPERMARKET LIMITED→ SC677828 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| SCENTED GIFTS UK LTD→ SC802712 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| SEAFIELD HEALTHCARE LTD→ SC417118 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
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
Incorporated2005-11-27
Jurisdictionscotland
Primary SIC47599 — Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores
Registered office
2 Stoneygate Road
Newmilns
KA16 9AJ
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-02
Last: 2025-12-19
Officers (1 active · 4 resigned)
DUTTON, Ross→
Activedirector · ~62y · appointed 2025-03-05
View their other companies + combined net worth →
WALLACE, Shirley Janet→
Resignedsecretary · appointed 2005-11-27 · resigned 2021-05-11
LOUDOUN, Ruth→
Resigneddirector · ~74y · appointed 2005-11-27 · resigned 2020-04-09
MCKEE, Lynne→
Resigneddirector · ~53y · appointed 2020-04-09 · resigned 2025-03-05
WALLACE, Shirley Janet→
Resigneddirector · ~59y · appointed 2021-05-11 · resigned 2025-03-05
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 Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 27/03/2008 | 15/04/2026 |
Recent filings (62 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-22
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-09-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-22
appoint-person-director-company-with-name-date
officers · AP01
2025-03-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-03-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-14
termination-director-company-with-name-termination-date
officers · TM01
2025-03-14
termination-director-company-with-name-termination-date
officers · TM01
2025-03-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-21