MEMBRANE SENSOR SYSTEMS LIMITED
- 62090Other information technology service activities
Opportunity 57/100 (worth a look), bankability 40/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100). Current lenders should be on monthly review.
Data confidence
Overall: medium (69/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2023-12-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 2 gazette
- • 1 officers
Corporate timeline (13 events)Click to expand
- 2026-01-13📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-12-20📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-12-09📄gazette-notice-compulsorygazette · GAZ1
- 2025-11-27➖THORNTONS LAW LLP resignedcorporate-secretary
- 2025-03-15📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-03-11📄gazette-notice-compulsorygazette · GAZ1
- 2024-09-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-12-29➕THORNTONS LAW LLP appointedcorporate-secretary
- 2022-12-29📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2022-12-07🏢Company incorporatedAs MEMBRANE SENSOR SYSTEMS LIMITED
- 2022-12-07➕COSTER, Leonard appointeddirector
- 2022-12-07➕LUGLIANI, David appointeddirector
- 2022-12-07📄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.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2025-09-30
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2025-12-21
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Leonard Coster Individual · Australian · DOB 10/1967 · age 59 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 07/12/2022 |
David Lugliani Individual · American · DOB 06/1968 · age 58 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 07/12/2022 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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10 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.
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Registered office
Filing status
Officers (2 active · 1 resigned)
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