NORTHERN LASER LTD

🌿Early-stageactive
SC722880 · ltd · incorporated 2022-02-11
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 3.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
book net assets
Opportunity
63/100
Worth a look
🔔
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What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
ALSO REGISTERED FOR
  • 25990SIC 25990
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 65/100. 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: strategic trade sale (63/100).

🏦

Refinance opportunity

1 live charge · oldest 3.9y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Charge age ~3.9 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
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£0Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Average employees600400

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
0
filings
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-06-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2024-06-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-06-25
    📄
    capital-allotment-shares
    capital · SH01
  5. 2023-10-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-10-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-10-20
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  8. 2023-02-28
    📄
    second-filing-of-director-appointment-with-name
    officers · RP04AP01
  9. 2023-02-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2023-02-28
    📄
    capital-allotment-shares
    capital · SH01
  11. 2023-02-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2023-02-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2023-02-14
    DONNELLY, Scott James appointed
    director
  14. 2023-02-14
    DONNELLY, Yvonne appointed
    director
  15. 2022-06-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2022-06-07
    🔒
    Charge registered #1
    Lender: Aldermore Bank PLC
  17. 2022-04-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2022-02-11
    🏢
    Company incorporated
    As NORTHERN LASER LTD
  19. 2022-02-11
    DONNELLY, Jay Scott appointed
    director
  20. 2022-02-11
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

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: 2026-04-12

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Scott James Donnelly
Individual · British · DOB 02/1976 · age 50
5075%
50–75%board control50-75% shares · 50-75% voting · board control14/02/2023
Mr Jay Scott Donnelly
Individual · Scottish · DOB 01/2000 · age 26
2550%
25–50%board control25-50% shares · 25-50% voting · board control11/02/2022
1 historic (ceased) PSC
  • Mrs Yvonne Donnellyceased 29/03/2024· 25-50% shares · 25-50% voting · board control

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

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
Incorporated2022-02-11
Jurisdictionscotland
Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

Unit 6 Alva Industrial Estate
Alva
FK12 5DQ
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-04-12OVERDUE
Last: 2025-03-29

Officers (3 active · 0 resigned)

DONNELLY, Jay Scott
director · ~26y · appointed 2022-02-11
View their other companies + combined net worth →
Active
DONNELLY, Scott James
director · ~50y · appointed 2023-02-14
View their other companies + combined net worth →
Active
DONNELLY, Yvonne
director · ~49y · appointed 2023-02-14
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Aldermore
Aldermore Bank PLC
A registered charge07/06/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (20 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-02
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-06-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-25
capital-allotment-shares
capital · SH01
2024-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-20
change-account-reference-date-company-current-shortened
accounts · AA01
2023-10-20
second-filing-of-director-appointment-with-name
officers · RP04AP01
2023-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-02-28
capital-allotment-shares
capital · SH01
2023-02-28
appoint-person-director-company-with-name-date
officers · AP01
2023-02-28