LIQUID FUNKTION LTD
🏛️Establishedactive
SC624743 · ltd · incorporated 2019-03-18
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-4.9k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Sound recording and music publishing activities
Sector: Information & communication
ALSO REGISTERED FOR
- 93290Other amusement and recreation activities n.e.c.
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. Most likely exit: strategic trade sale (65/100).
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, 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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
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 declaredNegative net assets
Liabilities exceed assets by £4,907
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£5k
↓ 3.6% YoY
Current Assets
£269
↓ 39% 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 | £-4.9k | £-4.7k |
| Current assets | £269 | £441 |
| Net assets | £-4.9k | £-4.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
- 2025-12-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-17📄change-person-director-company-with-change-dateofficers · CH01
- 2023-03-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-03-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-03-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-03-23📄change-person-director-company-with-change-dateofficers · CH01
- 2019-03-18🏢Company incorporatedAs LIQUID FUNKTION LTD
- 2019-03-18➕BOWERS-CLARK, James Declan appointeddirector
- 2019-03-18➕REID, Kenneth Clydesdale appointeddirector
- 2019-03-18📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Declan Bowers-Clark Individual · British · DOB 05/1994 · age 32 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 18/03/2019 |
Mr Kenneth Clydesdale Reid Individual · British · DOB 12/1992 · age 34 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 18/03/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Technology · TD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A AND R DIGITAL LTD→ 13464921 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AFRICAN MEDIA INVESTMENTS LIMITED→ 03577106 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| ANN ARBOR PUBLISHERS LIMITED→ 02773739 · est 1992 · no financials extracted | — | — | — | — | 33y | — | — |
| CLOSE CONSULTING LTD→ 14487615 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| DIGISERVE COMMUNICATIONS LTD→ 06060512 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| ENIGMA MANAGING CONSULTANTS LTD→ 09505744 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| GHRC CONSULTING LIMITED→ 11661774 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| KREATIVE TECHNOLOGY LIMITED→ 10277257 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| LC SQUARED LTD→ SC754316 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| LEYLAMEDIA LTD→ SC830096 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| LODGES AND CARAVANS FOR SALE LIMITED→ 16505018 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MARK HADDON LTD.→ SC219339 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
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
Incorporated2019-03-18
Jurisdictionscotland
Primary SIC59200 — Sound recording and music publishing activities
Registered office
116 116 Meigle Street
Galashiels
TD1 1LP
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-31
Last: 2026-03-17
Officers (2 active · 0 resigned)
BOWERS-CLARK, James Declan→
Activedirector · ~32y · appointed 2019-03-18
View their other companies + combined net worth →
REID, Kenneth Clydesdale→
Activedirector · ~34y · appointed 2019-03-18
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (19 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-29
change-person-director-company-with-change-date
officers · CH01
2023-03-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-16