ML PHOTONIC LIMITED
Opportunity 72/100 (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: share sale to pe / searcher (58/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 2.3y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 2.3 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)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.
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 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 10 | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 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
- • 1 capital
- • 1 accounts
Corporate timeline (24 events)Click to expand
- 2025-12-23📄capital-allotment-sharescapital · SH01
- 2025-12-19📄accounts-with-accounts-type-smallaccounts · AA
- 2024-10-23📄capital-allotment-sharescapital · SH01
- 2024-09-23📄accounts-with-accounts-type-smallaccounts · AA
- 2024-05-06📄change-person-director-company-with-change-dateofficers · CH01
- 2024-04-15📄capital-allotment-sharescapital · SH01
- 2024-03-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-23➖GU, Heather Yi resigneddirector
- 2024-02-21🔒Charge registered #2Lender: Hsbc UK Bank PLC
- 2024-01-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-01-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-01-08🔒Charge registered #1Lender: Scottish Water
- 2024-01-04📄capital-allotment-sharescapital · SH01
- 2023-09-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-09-11📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2023-08-29📄capital-allotment-sharescapital · SH01
- 2023-06-26📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2023-06-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-09➕FAN, Yi appointeddirector
- 2023-05-05🏢Company incorporatedAs ML PHOTONIC LIMITED
- 2023-05-05➕GREEN, Richard Peter appointeddirector
- 2023-05-05➕GU, Heather Yi appointeddirector
- 2023-05-05📄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.
- +Young company: Only 3.0 years old — management layer unlikely to be developed.
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
cleanGroup structure
Ml Optic International Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ml Optic International Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 25/08/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LETS CREATE 3D LTD→ SC874442 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| LMC SYSTEMS ENGINEERING LTD→ SC418891 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| LUXURY TEXTILES COLLECTIONS LIMITED→ SC878885 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| MAC WOOD SERVICES LIMITED→ SC728555 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| MAY-ISLE FABRICATION LTD→ SC724999 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| MCDONALD WATER STORAGE LTD→ SC023339 · est 1945 · no financials extracted | — | — | — | — | 80y | — | — |
| MCMILLAR SOLUTIONS LIMITED→ SC565156 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| MHOR ENERGY LIMITED→ SC622222 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| MONGOOSE PLASTICS LIMITED→ SC081787 · est 1983 · no financials extracted | — | — | — | — | 43y | — | — |
| MORGAN JAMES BESPOKE LTD→ SC624114 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| MORGAN JOINERY SERVICES LIMITED→ SC612828 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| MOZOLOWSKI & MURRAY (SCOTLAND) LIMITED→ SC144432 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
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 · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 21/02/2024 | — | |
| outstanding | Scottish Water | A registered charge | 1 property | 08/01/2024 | — |