IRRADIAN LIMITED
🌳Matureactive
SC355930 · ltd · incorporated 2009-03-03
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£47.5k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 26511
Sector: Manufacturing
Investor take
PursueAsset-holding vehicle with a 60-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
39 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 declaredPositive net assets
Net assets £47,513
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£48k
↑ 25% YoY
Current Assets
£81k
↑ 51% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £47.5k | £37.9k |
| Current assets | £80.7k | £53.5k |
| Net assets | £47.5k | £37.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2025-09-02➕MORLEY, Anthea appointeddirector
- 2025-09-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-05-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-01-20➖GREIG, Thomas Hart resigneddirector
- 2024-08-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-05-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-05-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-07-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-06-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-06-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-07-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-03-03🏢Company incorporatedAs IRRADIAN LIMITED
- 2009-03-03➕MORLEY, Richard James, Dr appointeddirector
- 2009-03-03➕GREIG, Thomas Hart appointeddirector
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 17 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 17 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Dr Richard James Morley Individual · British · DOB 04/1966 · age 60 | 25–50% | — | 25-50% shares | 06/04/2016 |
1 historic (ceased) PSC
- Mr Thomas Hart Greigceased 04/01/2025· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| MEHCO PETROLEUM SERVICES LIMITED→ SC606082 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| METERTECH LTD→ SC666060 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| MODULEX SCOTLAND LTD→ SC748383 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| MONKEY BARREL RECORDS LTD→ SC658526 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| MOO AND YOO LTD→ SC584480 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| MTC GAMES LTD→ SC757561 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| MTM CONCEPTS LTD→ SC707470 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| NANO-LIT TECHNOLOGIES LIMITED→ SC455717 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| NEOW LIMITED→ SC485486 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| NSONIFY LTD→ SC697147 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| NUADH DENIM LTD→ SC854029 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| NUE OFFSHORE - NETTY LIMITED→ SC782986 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2009-03-03
Jurisdictionscotland
Primary SIC26511 — SIC 26511
Registered office
9 Elphinstone Road
Tranent
EH33 2LG
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-17
Last: 2026-03-03
Officers (2 active · 1 resigned)
MORLEY, Anthea→
Activedirector · ~57y · appointed 2025-09-02
View their other companies + combined net worth →
MORLEY, Richard James, Dr→
Activedirector · ~60y · appointed 2009-03-03
View their other companies + combined net worth →
GREIG, Thomas Hart→
Resigneddirector · ~72y · appointed 2009-03-03 · resigned 2025-01-20
Click a director name to see their full track record across all companies.
Recent filings (39 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-11
appoint-person-director-company-with-name-date
officers · AP01
2025-09-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-10
termination-director-company-with-name-termination-date
officers · TM01
2025-01-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-03
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-04
accounts-with-accounts-type-micro-entity
accounts · AA
2020-05-20