CROWN STREET LIGHTING LTD

💤Zombieactive
SC602203 · ltd · incorporated 2018-07-10
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
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Turnover
year to Jun 2025
Net worth
£-7.8k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Wholesale of furniture, carpets and lighting equipment
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -97% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (79/100)

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
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 £7,764
Net assets shrinking
Down £9,996 YoY
Cash draining
Cash down 97% YoY
Cash YoY
-97%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£286
↓ 97% YoY
Net Worth
-£8k
↓ 448% YoY
Current Assets
£4k
↓ 83% YoY
Current Liabilities
-£8k-£1k£5k£12k£18k£25kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£-6.0k£14.4k
Current assets£4.3k£24.7k
Cash£286£10.1k
Debtors£3.4k
Net assets£-7.8k£2.2k

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-03-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-11-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-10-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-10-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-08-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2020-08-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2020-08-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2020-08-13
    FULTON, James Clark resigned
    director
  11. 2020-02-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-06-19
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  13. 2018-07-10
    🏢
    Company incorporated
    As CROWN STREET LIGHTING LTD
  14. 2018-07-10
    CREE, Graham Kenneth appointed
    director
  15. 2018-07-10
    FULTON, James Clark appointed
    director
  16. 2018-07-10
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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
Mrs Andrea Lena Cree
Individual · British · DOB 06/1977 · age 49
2550%
25-50% shares14/08/2020
Mr Graham Kenneth Cree
Individual · Scottish · DOB 09/1977 · age 49
2550%
25–50%board control25-50% shares · 25-50% voting · board control10/07/2018
1 historic (ceased) PSC
  • Mr James Clark Fultonceased 13/08/2020· 25-50% shares · 25-50% voting · board control

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

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
Incorporated2018-07-10
Jurisdictionscotland
Primary SIC46470 — Wholesale of furniture, carpets and lighting equipment

Registered office

25 Crown Street
Ayr
KA8 8AG
United Kingdom

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-23
Last: 2025-07-09

Officers (1 active · 1 resigned)

CREE, Graham Kenneth
director · ~49y · appointed 2018-07-10
View their other companies + combined net worth →
Active
FULTON, James Clark
director · ~58y · appointed 2018-07-10 · resigned 2020-08-13
Resigned

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

Recent filings (19 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-26
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-08-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-08-20
termination-director-company-with-name-termination-date
officers · TM01
2020-08-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-16