PAGAZZI LIGHTING (WEB) LIMITED

🌳Matureactive

SC405629 · ltd · incorporated 2011-08-18

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.

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 5.9y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£-100.0k

book net assets

Opportunity

80/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Retail sale via mail order houses or via Internet

Sector: Wholesale & retail

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 5.9y

65/100

clean up first

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

· Oldest live charge is 5.9 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 28/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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

17 officers (5 active, 17 linked, 14 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

7 connected companies via shared directors

Filing history

70 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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 · FRS 102

Negative net assets

Liabilities exceed assets by £99,955

Cash YoY

+1085%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£49k

↑ 1085% YoY

Net Worth

-£100k

↓ 6.3% YoY

Current Assets

£353k

↑ 34% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Total assets	£-96.5k	£-36.4k
Current assets	£352.8k	£263.9k
Cash	£49.3k	£4.2k
Debtors	£281.3k	£253.0k
Net assets	£-100.0k	£-94.1k

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

filings

Last 90 days

filings

• 1 confirmation-statement
• 1 officers
• 1 accounts

Last 180 days

filings

• 1 confirmation-statement
• 1 officers
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (51 events)Click to expand

2026-04-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-04-01
➕
FORBES, John David appointed
director
2026-03-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-12
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-25
➕
PAGAN, Laura appointed
director
2025-03-25
➖
PAGAN, Laura resigned
director
2025-03-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-03-25
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-09-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-09-13
➖
KANE, John resigned
director
2024-05-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-04-30
➖
GUNN, Vincent Anthony resigned
director
2024-03-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-03-13
➕
KANE, John appointed
director
2023-03-13
📄
change-person-director-company-with-change-date
officers · CH01
2022-11-26
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-10-28
➖
WALKER, Iain Edward resigned
director
2022-09-12
➕
WALKER, Iain Edward appointed
director
2022-09-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-23
➕
PAGAN, Alan Miller appointed
director
2022-05-23
➕
PAGAN, Laura appointed
director
2022-04-29
📄
change-person-director-company-with-change-date
officers · CH01
2022-04-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-03-09
➖
NEEDHAM, Douglas Wilson resigned
director
2021-06-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-11
➖
PAGAN, Alan Miller resigned
director
2021-02-11
➖
PAGAN, Laura resigned
director
2020-07-10
🔒
Charge registered #1
Lender: Pagazzi Lighting (Services) Limited SC405630
2020-06-30
➖
MCBRIDE, David resigned
director
2020-02-10
➕
PAGAN, Alan Miller appointed
secretary
2020-02-10
➖
PRYOR, Stephen resigned
secretary
2020-02-10
➖
PRYOR, Stephen resigned
director
2019-08-26
➖
DOAK, Iain Kenneth resigned
secretary
2019-08-26
➕
PRYOR, Stephen appointed
secretary
2019-08-26
➖
DOAK, Iain Kenneth resigned
director
2019-06-17
➕
PRYOR, Stephen appointed
director
2019-05-01
➕
MCBRIDE, David appointed
director
2017-02-24
➕
PAGAN, Rebecca Margaret appointed
director
2011-11-24
➕
DOAK, Iain Kenneth appointed
secretary
2011-11-24
➕
DOAK, Iain Kenneth appointed
director
2011-11-24
➕
GUNN, Vincent Anthony appointed
director
2011-11-24
➕
NEEDHAM, Douglas Wilson appointed
director
2011-08-18
🏢
Company incorporated
As PAGAZZI LIGHTING (WEB) LIMITED
2011-08-18
➕
PAGAN, Alan Miller appointed
director

Showing most recent 50 of 51 events

Owner dependency

63/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 72 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Pagazzi Lighting (Services) Ltd holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️

Pagazzi Lighting (Services) Ltd

Corporate parent · holds 25-50% shares

significant stake

⬇

PAGAZZI LIGHTING (WEB) LIMITED

This company · SC405629

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Pagazzi Lighting (Services) Ltd Corporate entity	25–50%	—	25-50% shares	11/02/2021

2 historic (ceased) PSCs

Mr Alan Miller Paganceased 11/02/2021· 25-50% shares
Mrs Laura Paganceased 11/02/2021· 25-50% shares

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 →

Similar companies

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PEDLAR LTD→ SC724245 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
PETER STORE LTD→ SC630634 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
PHS TRADING LTD→ SC871515 · est 2025 · no financials extracted	—	—	—	—	—	—	—
PI DRUM SHOP LIMITED→ SC595912 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
PIG BEAR PLAY WEAR LTD→ SC850508 · est 2025 · no financials extracted	—	—	—	—	—	—	—
PILLAR AND SABLE LTD→ SC854853 · est 2025 · no financials extracted	—	—	—	—	—	—	—
PINK POODLE LIMITED→ SC237375 · est 2002 · no financials extracted	—	—	—	—	23y	—	—
PLECOMM LTD→ SC868602 · est 2025 · no financials extracted	—	—	—	—	—	—	—
PLUSH LINEN LTD→ SC810222 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
PLUTO Q C.I.C.→ SC800462 · est 2024 · no financials extracted	—	—	—	—	2y	—	—

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

Incorporated2011-08-18

Jurisdictionscotland

Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

Pagazzi

Kings Inch Road

Glasgow

G51 4BN

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-30

Last: 2026-04-16