HENDERSON OPTICS LTD

🌿Early-stageactive
SC783428 · ltd · incorporated 2023-09-21
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.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
£7.6k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Engineering related scientific and technical consulting activities
Sector: Professional, scientific & technical
Investor take
Pursue
Asset-holding vehicle with a 76-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 76). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (69/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
4 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £7,560

Key financials

1 year extracted from filed iXBRL accounts
Cash
£25k
Net Worth
£8k
Current Assets
£25k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-30
Total assets£7.6k
Current assets£25.5k
Cash£25.5k
Net assets£7.6k

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (5 events)Click to expand
  1. 2025-06-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2023-09-21
    🏢
    Company incorporated
    As HENDERSON OPTICS LTD
  3. 2023-09-21
    HENDERSON, Robert Barnet appointed
    director
  4. 2023-09-21
    MCINTOSH, Angela appointed
    director
  5. 2023-09-21
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

93/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "HENDERSON" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 76 — succession pressure is live.
  • +Young company: Only 2.6 years old — management layer unlikely to be developed.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Robert Barnet Henderson
Individual · British · DOB 03/1950 · age 76
2550%
25–50%board control25-50% shares · 25-50% voting · board control21/09/2023
Ms Angela Mcintosh
Individual · British · DOB 01/1959 · age 67
2550%
25–50%25-50% shares · 25-50% voting21/09/2023

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

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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.

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Company details

Statusactive
Typeltd
Incorporated2023-09-21
Jurisdictionscotland
Primary SIC71122 — Engineering related scientific and technical consulting activities

Registered office

13 Farmstead Road
Dalgety Bay
Dunfermline
KY11 9HW
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-04
Last: 2025-09-20

Officers (2 active · 0 resigned)

HENDERSON, Robert Barnet
director · ~76y · appointed 2023-09-21
View their other companies + combined net worth →
Active
MCINTOSH, Angela
director · ~67y · appointed 2023-09-21
View their other companies + combined net worth →
Active

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

Recent filings (4 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-23
incorporation-company
incorporation · NEWINC
2023-09-21