STORMFAB LTD
Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £2.4k | — |
| Current assets | £33.8k | — |
| Net assets | £-18.9k | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
Corporate timeline (7 events)Click to expand
- 2026-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-25🏢Company incorporatedAs STORMFAB LTD
- 2022-05-25➕LUCAS, David Alexander appointeddirector
- 2022-05-25➕LUCAS, Gayle appointeddirector
- 2022-05-25📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Gayle Lucas Individual · Scottish · DOB 04/1990 · age 36 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 25/05/2022 |
Mr David Alexander Lucas Individual · Scottish · DOB 01/1989 · age 37 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 25/05/2022 |
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 |
|---|---|---|---|---|---|---|---|
| VERACITY UK LIMITED→ SC291812 · est 2005 | £7.42M £5.77M–£9.06M | — | — | 46 | 20y | 85 | 70y |
| CHEMTEC UK LIMITED→ SC276983 · est 2004 | £5.02M £3.90M–£6.13M | — | — | 2300 | 21y | 90 | 57y |
| GMSS HOLDINGS LIMITED→ SC478614 · est 2014 | £2.25M £1.75M–£2.75M | — | — | 0 | 11y | 84 | 61y |
| AEROFORMA TECHNOLOGIES (NORTH) LIMITED→ SC123036 · est 1990 | — | — | — | 47 | 36y | 83 | 75y |
| ATLAS (SCOTLAND) LIMITED→ SC260329 · est 2003 | — | — | £583.3k | — | 22y | 83 | 66y |
| AYRSHIRE BLINDS LIMITED→ SC090647 · est 1984 | — | — | £199.3k | — | 41y | 83 | 81y |
| BOAT ELECTRICS & ELECTRONICS LIMITED→ SC066331 · est 1978 | — | — | £396.3k | — | 47y | 83 | 60y |
| BRODIE ENGINEERING LIMITED→ SC163999 · est 1996 | — | — | — | 9600 | 30y | 83 | 60y |
| CAPITAL STEEL LIMITED→ SC275258 · est 2004 | — | — | £1.45M | — | 21y | 83 | 70y |
| GIRARD INDUSTRIES EUROPE LIMITED→ SC101084 · est 1986 | — | — | £389.5k | — | 39y | 83 | 73y |
| KENNEDYSMITH (PRESS) LIMITED→ SC186009 · est 1998 | — | — | — | 7200 | 27y | 83 | 66y |
| ADELPHI ENGINEERING & CONSTRUCTION LIMITED→ SC185137 · est 1998 | — | — | — | 11 | 27y | 82 | 65y |
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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.