LUMINAE DESIGN LTD
💤Zombieactive
SC644372 · ltd · incorporated 2019-10-14
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 Oct 2024
Net worth
£-38.1k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 14190
Sector: Manufacturing
ALSO REGISTERED FOR
- 32990Other manufacturing n.e.c.
- 71129Other engineering activities
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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: distressed disposal / insolvency (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, 3 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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
26 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 · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £38,107
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£38k
↓ 198% YoY
Current Assets
£12k
↓ 70% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £-38.1k | £-12.8k |
| Current assets | £11.6k | £38.2k |
| Net assets | £-38.1k | £-12.8k |
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 officers
Last 180 days
2
filings
- • 1 officers
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-03-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-15➖WILSON, David resigneddirector
- 2025-11-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-06-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-11-16➖WELLS, Robert resigneddirector
- 2023-07-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-06-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-05-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-05-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-05-14📄capital-allotment-sharescapital · SH01
- 2021-05-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-05-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-01-31➕MACDONALD, Ruari John appointeddirector
- 2021-01-31➕WELLS, Robert appointeddirector
- 2021-01-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-01-27📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-01-26📄gazette-notice-compulsorygazette · GAZ1
- 2019-10-14🏢Company incorporatedAs LUMINAE DESIGN LTD
- 2019-10-14➕WILSON, David appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
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 Ruari John Macdonald Individual · British · DOB 04/1993 · age 33 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 31/01/2021 |
Mr David Wilson Individual · Scottish · DOB 05/1961 · age 65 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 14/10/2019 |
1 historic (ceased) PSC
- Mr Robert Wellsceased 16/11/2023· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| IS459 CERAMICS LTD→ SC839879 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| JNG DESIGNS LTD→ SC311107 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| NIMES AVIATION LTD→ SC853332 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PINEHURST VENTURES LTD→ SC690907 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| PLANET RENEWABLES LTD→ SC393371 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| POLE AVIATION LTD→ SC843436 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| RENEWABLE SERVICES & CONSULTANCY LTD→ SC591605 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| REPLICADE LIMITED→ SC223837 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| RESCU SOLUTIONS LIMITED→ SC255949 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| REWELD FABRICATIONS LTD.→ SC561074 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| RIVERON (22) LTD→ SC515012 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| RLC JOINERY LTD→ SC759733 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2019-10-14
Jurisdictionscotland
Primary SIC14190 — SIC 14190
Registered office
Unit 11, Ailsa Business Park
Ailsa Road
Irvine
Ayrshire
KA12 8LN
Scotland
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10
Officers (1 active · 2 resigned)
MACDONALD, Ruari John→
Activedirector · ~33y · appointed 2021-01-31
View their other companies + combined net worth →
WELLS, Robert→
Resigneddirector · ~60y · appointed 2021-01-31 · resigned 2023-11-16
WILSON, David→
Resigneddirector · ~65y · appointed 2019-10-14 · resigned 2025-12-15
Click a director name to see their full track record across all companies.
Recent filings (26 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-03-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-27
termination-director-company-with-name-termination-date
officers · TM01
2023-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-01
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-02