FURNITURE ART LIMITED

💤Zombieactive
SC626866 · ltd · incorporated 2019-04-05
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
Upgrade to see
Turnover
year to Apr 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Manufacture of other furniture
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

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
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
27 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Average employees200200

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

Recent activity

Last 30 days
1
filing
  • 1 accounts
Last 90 days
3
filings
  • 1 accounts
  • 1 confirmation-statement
  • 1 officers
Last 180 days
3
filings
  • 1 accounts
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-04-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-03-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-09-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-09-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2023-04-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-04-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-04-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2023-04-02
    WILL, Michael Robert resigned
    director
  11. 2023-01-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-12-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  13. 2022-12-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2022-11-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2022-09-01
    WILL, Michael Robert appointed
    director
  16. 2022-01-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2021-01-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2019-10-25
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2019-10-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2019-10-25
    📄
    capital-allotment-shares
    capital · SH01
  21. 2019-04-05
    🏢
    Company incorporated
    As FURNITURE ART LIMITED
  22. 2019-04-05
    WILL, Katie appointed
    director

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Katie Mcgaan
Individual · British · DOB 05/1991 · age 35
75100%
75–100%board control75-100% shares · 75-100% voting · board control05/04/2019
2 historic (ceased) PSCs
  • Aotearoa Limitedceased 01/09/2023· 25-50% shares
  • Mr Mike Willceased 01/12/2022· 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

Active · Manufacturing · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
HIGHLANDS AND ISLANDS RENEWABLES LTD
SC877464 · est 2026 · no financials extracted
HIGHLINE FLEET SERVICES LTD
SC775085 · est 2023 · no financials extracted
2y
HNG GEOLOGICAL LTD
SC461497 · est 2013 · no financials extracted
12y
HOLLFELD LIMITED
SC223177 · est 2001 · no financials extracted
24y
HRH LIMITED
SC117311 · est 1989 · no financials extracted
37y
HUN SOLO LTD
SC775789 · est 2023 · no financials extracted
2y
HVAC & REFRIGERATION ENGINEERING LIMITED
SC199288 · est 1999 · no financials extracted
26y
HYCROME (EUROPE) LIMITED
SC122201 · est 1989 · no financials extracted
36y
HYDRATECH ABERDEEN LTD
SC402477 · est 2011 · no financials extracted
14y
HYDROBOND ENGINEERING LIMITED
SC080870 · est 1982 · no financials extracted
43y
HYDROMEA SERVICES LIMITED
SC629494 · est 2019 · no financials extracted
6y
HYREACH OFFSHORE LTD
SC881001 · est 2026 · no financials extracted
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
Incorporated2019-04-05
Jurisdictionscotland
Primary SIC31090 — Manufacture of other furniture

Registered office

Greenacres
Enzie
Buckie
AB56 5BN
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-12-22
Last: 2025-12-08

Officers (1 active · 1 resigned)

WILL, Katie
director · ~35y · appointed 2019-04-05
View their other companies + combined net worth →
Active
WILL, Michael Robert
director · ~40y · appointed 2022-09-01 · resigned 2023-04-02
Resigned

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

Recent filings (27 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-26
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-17
change-person-director-company-with-change-date
officers · CH01
2026-03-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-09-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-09-07
change-person-director-company-with-change-date
officers · CH01
2023-04-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-24
termination-director-company-with-name-termination-date
officers · TM01
2023-04-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-12-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-08