MEDUCAN LIMITED

🏛️Establishedactive
12339971 · ltd · incorporated 2019-11-29
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: SIC 21200
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 70/100. 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: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 2.1y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 2.1 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (81/100)

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

Company profile
address, 1 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
8 officers (7 active, 8 linked, 6 with DOB)
85
Ownership & PSC
0 active PSC(s) of 1 total, 1 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees6300

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-02
    📄
    resolution
    resolution · RESOLUTIONS
  3. 2025-06-27
    📄
    capital-allotment-shares
    capital · SH01
  4. 2025-05-22
    📄
    second-filing-capital-allotment-shares
    capital · RP04SH01
  5. 2025-05-22
    📄
    second-filing-capital-allotment-shares
    capital · RP04SH01
  6. 2025-05-06
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  7. 2025-05-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2025-04-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2025-04-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2025-04-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2025-04-12
    SADLER, Ryan appointed
    director
  12. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2025-01-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2025-01-21
    📄
    capital-allotment-shares
    capital · SH01
  15. 2025-01-20
    RUTHERFORD, David appointed
    director
  16. 2024-12-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  17. 2024-12-19
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  18. 2024-12-18
    📄
    capital-allotment-shares
    capital · SH01
  19. 2024-12-16
    📄
    memorandum-articles
    incorporation · MA
  20. 2024-12-16
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2024-12-16
    📄
    resolution
    resolution · RESOLUTIONS
  22. 2024-12-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2024-12-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2024-12-12
    📄
    capital-alter-shares-subdivision
    capital · SH02
  25. 2024-12-11
    📄
    capital-allotment-shares
    capital · SH01
  26. 2024-12-10
    RICHARDS, Andrew Parry appointed
    director
  27. 2024-03-27
    🔒
    Charge registered #1
    Lender: South of Scotland Enterprise
  28. 2022-04-01
    NICOL, Scott James appointed
    director
  29. 2022-01-10
    DIX, Jonathan James appointed
    director
  30. 2021-02-18
    DIX, Jonathan appointed
    secretary
  31. 2021-02-18
    SANDERS, Malcolm resigned
    secretary
  32. 2019-11-29
    🏢
    Company incorporated
    As MEDUCAN LIMITED
  33. 2019-11-29
    SANDERS, Malcolm appointed
    director
  34. 2019-11-29
    SANDERS, Malcolm appointed
    secretary

Owner dependency

55/100
Moderate — manageable with handover

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

FACTORS
  • -6 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 76 — succession pressure is live.

Succession & seller-readiness

60/100
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.

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: 2026-03-28

🔒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
Incorporated2019-11-29
Jurisdictionengland-wales
Primary SIC21200 — SIC 21200

Registered office

Office 3 4 Westgate
Cowbridge
CF71 7AR
Wales

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-03-28OVERDUE
Last: 2025-03-14

Officers (7 active · 1 resigned)

DIX, Jonathan
secretary · appointed 2021-02-18
View their other companies + combined net worth →
Active
DIX, Jonathan James
director · ~62y · appointed 2022-01-10
View their other companies + combined net worth →
Active
NICOL, Scott James
director · ~47y · appointed 2022-04-01
View their other companies + combined net worth →
Active
RICHARDS, Andrew Parry
director · ~32y · appointed 2024-12-10
View their other companies + combined net worth →
Active
RUTHERFORD, David
director · ~57y · appointed 2025-01-20
View their other companies + combined net worth →
Active
SADLER, Ryan
director · ~50y · appointed 2025-04-12
View their other companies + combined net worth →
Active
SANDERS, Malcolm
director · ~76y · appointed 2019-11-29
View their other companies + combined net worth →
Active
SANDERS, Malcolm
secretary · appointed 2019-11-29 · resigned 2021-02-18
Resigned

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
South of Scotland Enterprise
A registered charge27/03/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (43 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
resolution
resolution · RESOLUTIONS
2025-07-02
capital-allotment-shares
capital · SH01
2025-06-27
second-filing-capital-allotment-shares
capital · RP04SH01
2025-05-22
second-filing-capital-allotment-shares
capital · RP04SH01
2025-05-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-20
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2025-05-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-06
change-person-director-company-with-change-date
officers · CH01
2025-04-25
change-person-director-company-with-change-date
officers · CH01
2025-04-25
appoint-person-director-company-with-name-date
officers · AP01
2025-04-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
appoint-person-director-company-with-name-date
officers · AP01
2025-01-21
capital-allotment-shares
capital · SH01
2025-01-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-12-19