MG DESIGN SOLUTIONS LTD.

🌳Matureactive
SC315308 · ltd · incorporated 2007-01-25
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-3.7k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other specialist photography
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
62 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £3,709
Cash YoY
-29%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
↓ 29% YoY
Net Worth
-£4k
↑ 44% YoY
Current Assets
£3k
↓ 31% YoY
Current Liabilities
—
-£7k-£5k-£2k-£334£2k£4kMar 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£-1.1k£-841
Current assets£2.7k£3.9k
Cash£2.2k£3.1k
Debtors—£290
Net assets£-3.7k£-6.6k

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

🔒Filing-note intelligence

2 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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2022-12-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2022-12-20
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  7. 2022-12-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2022-12-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2022-12-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2022-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-01-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-12-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2011-12-12
    ➕
    GLENNIE, Leigh appointed
    director
  16. 2007-01-25
    🏢
    Company incorporated
    As MG DESIGN SOLUTIONS LTD.
  17. 2007-01-25
    ➕
    GLENNIE, Leigh appointed
    secretary
  18. 2007-01-25
    ➕
    GLENNIE, Malcolm appointed
    director
  19. 2007-01-25
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  20. 2007-01-25
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  21. 2007-01-25
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  22. 2007-01-25
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

84/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

69/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 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 Malcolm Glennie
Individual · British · DOB 01/1968 · age 58
50–75%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016
Mrs Leigh Glennie
Individual · British · DOB 05/1973 · age 53
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2007-01-25
Jurisdictionscotland
Primary SIC74202 — Other specialist photography

Registered office

Glenton House
Crimond
Fraserburgh
Aberdeenshire
AB43 8QJ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-18
Last: 2026-04-04

Officers (3 active · 2 resigned)

GLENNIE, Leigh→
secretary · appointed 2007-01-25
View their other companies + combined net worth →
Active
GLENNIE, Leigh→
director · ~53y · appointed 2011-12-12
View their other companies + combined net worth →
Active
GLENNIE, Malcolm→
director · ~58y · appointed 2007-01-25
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2007-01-25 · resigned 2007-01-25
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2007-01-25 · resigned 2007-01-25
Resigned

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

Recent filings (62 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-20
change-person-director-company-with-change-date
officers · CH01
2022-12-20
change-person-secretary-company-with-change-date
officers · CH03
2022-12-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-20
change-person-director-company-with-change-date
officers · CH01
2022-12-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-08