EDEN ILLUMINATION LTD

🌳Matureactive

SC365181 · ltd · incorporated 2009-09-07

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

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 15.6y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£38.6k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 27400

Sector: Manufacturing

Investor take

Pursue

Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 69). 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 15.6y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 15.6 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (77/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

3 officers (2 active, 3 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

43 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £38,587

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£39k

↑ 5.1% YoY

Current Assets

£35k

↑ 1.8% 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	£38.6k	£36.7k
Current assets	£35.3k	£34.7k
Net assets	£38.6k	£36.7k

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (21 events)Click to expand

2025-10-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-09-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-09-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-09-29
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-09-16
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-09-08
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-09-25
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-09-23
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-09-05
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-09-08
➖
EAC (SECRETARIES) LIMITED resigned
corporate-nominee-secretary
2010-09-27
🔒
Charge registered #1
Lender: Bibby Factors Scotland PLC
2009-09-07
🏢
Company incorporated
As EDEN ILLUMINATION LTD
2009-09-07
➕
GODDARD, Paul appointed
director
2009-09-07
➕
GRUBB, James appointed
director
2009-09-07
➕
EAC (SECRETARIES) LIMITED appointed
corporate-nominee-secretary

Owner dependency

83/100

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 17 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

79/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 17 years.
secondaryStable-but-static management: Company is 17 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

Name	Shares	Voting rights	Nature of control	Notified
Mr Paul Goddard Individual · British · DOB 09/1970 · age 56	25–50%	25–50%	board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence	06/04/2016
Mr James Grubb Individual · British · DOB 01/1957 · age 69	25–50%	25–50%	board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence · firm interest	06/04/2016

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

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.

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Company details

Statusactive

Typeltd

Incorporated2009-09-07

Jurisdictionscotland

Primary SIC27400 — SIC 27400

Registered office

Unit 6 Block 4

Woodend Industrial Estate

Cowdenbeath

Fife

KY4 8HW

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-09-19

Last: 2025-09-05

Officers (2 active · 1 resigned)

GODDARD, Paul→

director · ~56y · appointed 2009-09-07

View their other companies + combined net worth →

Active

GRUBB, James→

director · ~69y · appointed 2009-09-07

View their other companies + combined net worth →

Active

EAC (SECRETARIES) LIMITED→

corporate-nominee-secretary · appointed 2009-09-07 · resigned 2012-09-08

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Bibby Financial Services Bibby Factors Scotland PLC	Floating charge	1 property	27/09/2010	—

Click column headers to sort. Use filters above to narrow by status and lender.