SALTIRE DESIGNS LIMITED
🌳Matureactive
SC339362 · ltd · incorporated 2008-03-11
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
£-32.6k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 47760
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 74100Specialised design activities
Investor take
Pass (distressed without resilience)Active trading company. Family succession underway — not a classic acquisition target.
Opportunity 80/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 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 (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
53 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 · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £32,568
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£33k
↓ 29% YoY
Current Assets
£29k
↑ 84% 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 | £-32.6k | £-25.2k |
| Current assets | £28.5k | £15.5k |
| Net assets | £-32.6k | £-25.2k |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2025-12-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-08-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-08-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-08-14➕SPEIRS, Kerris appointeddirector
- 2024-08-14➖SPEIRS, Tracey Anne resignedsecretary
- 2024-08-14📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-10-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-10-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-10-12📄capital-allotment-sharescapital · SH01
- 2022-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-02-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2008-03-11🏢Company incorporatedAs SALTIRE DESIGNS LIMITED
- 2008-03-11➕SPEIRS, Neil Mitchell Thompson appointeddirector
- 2008-03-11➕SPEIRS, Tracey Anne appointedsecretary
- 2008-03-11➕BRIAN REID LTD. appointedcorporate-secretary
- 2008-03-11➖BRIAN REID LTD. resignedcorporate-secretary
- 2008-03-11➕STEPHEN MABBOTT LTD. appointedcorporate-director
- 2008-03-11➖STEPHEN MABBOTT LTD. resignedcorporate-director
Owner dependency
84/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
19/100
No succession signalNo meaningful acquirability indicators from public data.
SIGNALS
- primaryFamily succession underway: Not a takeover target — SPEIRS, Kerris (same surname) appointed 2024-08-14. Pattern consistent with intra-family handover.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 18 years.
- 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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Neil Mitchell Thompson Speirs Individual · British · DOB 11/1965 · age 61 | 75–100% | — | 75-100% shares | 15/08/2024 |
2 historic (ceased) PSCs
- Mrs Tracy Anne Speirsceased 15/08/2024· 75-100% shares
- Mr Neil Mitchell Thomson Spiersceased 11/10/2023· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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
Incorporated2008-03-11
Jurisdictionscotland
Primary SIC47760 — SIC 47760
Registered office
23 Mount Avenue
Symington
Ayrshire
KA1 5RU
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-26
Last: 2025-10-12
Officers (2 active · 3 resigned)
SPEIRS, Kerris→
Activedirector · ~27y · appointed 2024-08-14
View their other companies + combined net worth →
SPEIRS, Neil Mitchell Thompson→
Activedirector · ~61y · appointed 2008-03-11
View their other companies + combined net worth →
SPEIRS, Tracey Anne→
Resignedsecretary · appointed 2008-03-11 · resigned 2024-08-14
BRIAN REID LTD.→
Resignedcorporate-secretary · appointed 2008-03-11 · resigned 2008-03-11
STEPHEN MABBOTT LTD.→
Resignedcorporate-director · appointed 2008-03-11 · resigned 2008-03-11
Click a director name to see their full track record across all companies.
Recent filings (53 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-11
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-02
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-13
appoint-person-director-company-with-name-date
officers · AP01
2024-11-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-15
termination-secretary-company-with-name-termination-date
officers · TM02
2024-08-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-10-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-12
capital-allotment-shares
capital · SH01
2023-10-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-21