LANTERN ELGIN LTD

🏛️Establishedactive
SC661288 · ltd · incorporated 2020-05-14
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 Jun 2025
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Dental practice activities
Sector: Human health & social work
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (80/100)

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
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
2 connected companies via shared directors
51
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
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£0Jun 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
Average employees900800

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

🔒Filing-note intelligence

3 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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-12-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-05-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-05-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  5. 2024-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-04-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-05-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  9. 2022-05-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-02-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2022-01-05
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  12. 2021-07-02
    📄
    memorandum-articles
    incorporation · MA
  13. 2021-07-01
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2020-09-11
    📄
    capital-allotment-shares
    capital · SH01
  15. 2020-07-15
    BUFTON, Iain James, Dr appointed
    director
  16. 2020-07-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2020-05-14
    🏢
    Company incorporated
    As LANTERN ELGIN LTD
  18. 2020-05-14
    EWART, Janice appointed
    director
  19. 2020-05-14
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

78/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

Dependent Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Dependent Limited
Corporate parent · holds 25-50% shares · board control
significant stake
LANTERN ELGIN LTD
This company · SC661288

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Dependent Limited
Corporate entity
2550%
25–50%board control25-50% shares · 25-50% voting · board control01/07/2021
Mrs Janice Ewart
Individual · British · DOB 07/1960 · age 66
2550%
25–50%board control25-50% shares · 25-50% voting · board control14/05/2020

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
Incorporated2020-05-14
Jurisdictionscotland
Primary SIC86230 — Dental practice activities

Registered office

Glassgreen Dental Practice The Glassgreen Centre
2 Thornhill Drive
Elgin
IV30 6GQ
United Kingdom

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-05-27
Last: 2025-05-13

Officers (2 active · 0 resigned)

BUFTON, Iain James, Dr
director · ~42y · appointed 2020-07-15
View their other companies + combined net worth →
Active
EWART, Janice
director · ~66y · appointed 2020-05-14
View their other companies + combined net worth →
Active

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

Recent filings (21 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-23
change-person-director-company-with-change-date
officers · CH01
2025-05-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-25
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-05-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-05-16
accounts-with-accounts-type-dormant
accounts · AA
2022-02-08
change-account-reference-date-company-previous-extended
accounts · AA01
2022-01-05