RANNOCH FURNITURE GROUP LTD

💤Zombieactive

SC686044 · ltd · incorporated 2021-01-14

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 Jan 2025

Net worth

£100

book net assets

Opportunity

64/100

Worth a look

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other retail sale not in stores, stalls or markets

Sector: Wholesale & retail

Investor take

Special-situation opportunity

Distressed retail with salvageable qualities — special-situations priority.

Opportunity 64/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

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, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

3 officers (1 active, 3 linked, 3 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

Network not yet resolved

Filing history

31 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

64/100Worth a look

PassWatchWorth a lookStrongExceptional

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £100

Net assets shrinking

Down £48,400 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£100

↓ 100% YoY

Current Assets

£200

↓ 100% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-01-31	2024-01-31
Total assets	£300	£48.5k
Current assets	£200	£90.0k
Net assets	£100	£48.5k

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

Recent activity

Last 30 days

filing

• 1 gazette

Last 90 days

filing

• 1 gazette

Last 180 days

filings

• 3 gazette
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (28 events)Click to expand

2026-04-21
📄
gazette-notice-compulsory
gazette · GAZ1
2026-01-24
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2026-01-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-30
📄
gazette-notice-compulsory
gazette · GAZ1
2025-04-29
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2025-04-16
📄
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-04-01
📄
gazette-notice-compulsory
gazette · GAZ1
2025-01-11
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2025-01-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-09
📄
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-12-31
📄
gazette-notice-compulsory
gazette · GAZ1
2024-02-17
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2024-02-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-30
📄
gazette-notice-compulsory
gazette · GAZ1
2023-12-18
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-12-18
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-05
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-12-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-11-27
➕
CRAIG, Scott appointed
director
2023-11-27
➖
CRAIG, Steven resigned
director
2023-01-09
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-26
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-10-26
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-10-24
➖
DUFFY, Judith resigned
director
2021-04-27
➕
CRAIG, Steven appointed
director
2021-01-14
🏢
Company incorporated
As RANNOCH FURNITURE GROUP LTD
2021-01-14
➕
DUFFY, Judith 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

1 high ·

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-01-23

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Scott Craig Individual · British · DOB 02/1975 · age 51	75–100%	—	75-100% shares	27/11/2023

2 historic (ceased) PSCs

Mr Steven Craigceased 27/11/2023· 75-100% shares
Ms Judith Duffyceased 24/10/2022· 75-100% shares · 75-100% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Retail · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
SM GROCERS LTD→ SC750808 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
SMART CHOSE TRADERS LTD→ SC874343 · est 2026 · no financials extracted	—	—	—	—	—	—	—
SMEDU LIMITED→ SC833814 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
SMITHSTONE FLOORING LTD→ SC342742 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
SMYLERS LTD→ SC852851 · est 2025 · no financials extracted	—	—	—	—	—	—	—
SNATCHED MERCH LTD→ SC666975 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
SOUKSPHERE LIMITED→ SC817681 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
SPICY CUISINE LTD→ SC667657 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
SPIRO TAPE LIMITED→ SC799459 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
SSTK LIMITED→ SC730386 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
ST2Y LTD→ SC836478 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
STATEMENT BY CF UK LTD→ SC826201 · est 2024 · no financials extracted	—	—	—	—	1y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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

Incorporated2021-01-14

Jurisdictionscotland

Primary SIC47990 — Other retail sale not in stores, stalls or markets

Registered office

149 Ingram Street Flat 1/13 149 Ingram Street

Glasgow

G1 1DW

Scotland

Filing status

Accounts

Next due: 2026-10-31

Last made up to: 2025-01-31

Confirmation statement

Next due: 2026-01-23OVERDUE

Last: 2025-01-09

Officers (1 active · 2 resigned)

CRAIG, Scott→

director · ~51y · appointed 2023-11-27

View their other companies + combined net worth →

Active

CRAIG, Steven→

director · ~53y · appointed 2021-04-27 · resigned 2023-11-27

Resigned

DUFFY, Judith→

director · ~61y · appointed 2021-01-14 · resigned 2022-10-24

Resigned

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

Recent filings (31 total)

gazette-notice-compulsory

gazette · GAZ1

2026-04-21

gazette-filings-brought-up-to-date

gazette · DISS40

2026-01-24

accounts-with-accounts-type-micro-entity

accounts · AA

2026-01-21

gazette-notice-compulsory

gazette · GAZ1

2025-12-30

gazette-filings-brought-up-to-date

gazette · DISS40

2025-04-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-04-28

dissolved-compulsory-strike-off-suspended

dissolution · DISS16(SOAS)

2025-04-16

gazette-notice-compulsory

gazette · GAZ1

2025-04-01

gazette-filings-brought-up-to-date

gazette · DISS40

2025-01-11

accounts-with-accounts-type-micro-entity

accounts · AA

2025-01-10

dissolved-compulsory-strike-off-suspended

dissolution · DISS16(SOAS)

2025-01-09

gazette-notice-compulsory

gazette · GAZ1

2024-12-31

gazette-filings-brought-up-to-date

gazette · DISS40

2024-02-17

accounts-with-accounts-type-micro-entity

accounts · AA

2024-02-16

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-02-16