PANDA LITHO LIMITED

💤Zombieactive
SC068639 · ltd · incorporated 1979-06-22
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 17230
Sector: Manufacturing
ALSO REGISTERED FOR
  • 18129SIC 18129
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 74/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 43). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

9 live charges · 5 lenders · oldest 45.5y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 45.5 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
9 officers (1 active, 9 linked, 7 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
123 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
77
Few red 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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees16001600

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
0
filings
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
  1. 2025-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-04-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-07-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-06-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-08-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-08-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  12. 2017-08-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2016-11-07
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2016-11-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2016-11-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2016-11-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2016-11-04
    🔓
    Charge satisfied #8
  18. 2016-11-04
    🔓
    Charge satisfied #7
  19. 2016-10-28
    ➖
    WILSON, Catherine Winifred resigned
    secretary
  20. 2016-10-28
    ➖
    WILSON, James resigned
    director
  21. 2016-10-28
    🔒
    Charge registered #9
    Lender: James Wilson
  22. 2016-09-01
    🔓
    Charge satisfied #6
  23. 2011-11-04
    ➕
    WILSON, James appointed
    director
  24. 2011-11-04
    ➖
    WILSON, James resigned
    director
  25. 2011-07-25
    ➖
    WILSON, Catherine Winifred resigned
    director
  26. 2010-09-21
    🔒
    Charge registered #8
    Lender: Lloyds Tsb Commercial Finance Limited
  27. 2010-02-19
    ➖
    WILSON, James resigned
    director
  28. 2007-05-01
    ➕
    WILSON, Mark appointed
    director
  29. 2007-05-01
    ➕
    WILSON, James appointed
    director
  30. 2003-09-19
    ➖
    HOGG, Rachel resigned
    secretary
  31. 2003-09-19
    ➕
    WILSON, Catherine Winifred appointed
    secretary
  32. 2003-09-19
    ➖
    HOGG, Angus Munro resigned
    director
  33. 2003-09-19
    ➖
    HOGG, Rachel resigned
    director
  34. 2003-09-19
    ➕
    WILSON, Catherine Winifred appointed
    director
  35. 2002-04-30
    🔓
    Charge satisfied #3
  36. 2002-04-15
    🔓
    Charge satisfied #5
  37. 2001-02-16
    🔓
    Charge satisfied #4
  38. 2001-01-16
    🔒
    Charge registered #7
    Lender: The Governor and Company of the Bank of Scotland
  39. 2000-11-16
    🔒
    Charge registered #6
    Lender: The Governor and Company of the Bank of Scotland
  40. 2000-01-29
    🔒
    Charge registered #5
    Lender: Clydesdale Bank Public Limited Company
  41. 1995-10-20
    🔒
    Charge registered #4
    Lender: Clydesdale Bank Public Limited Company
  42. 1995-07-11
    🔓
    Charge satisfied #2
  43. 1995-06-28
    🔓
    Charge satisfied #1
  44. 1995-05-31
    🔒
    Charge registered #3
    Lender: Clydesdale Bank Public Limited Company
  45. 1983-08-24
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  46. 1980-11-10
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  47. 1979-06-22
    🏢
    Company incorporated
    As PANDA LITHO LIMITED

Owner dependency

85/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 47 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Panda Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Panda Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
PANDA LITHO LIMITED
This company · SC068639

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%
NameSharesVoting rightsNature of controlNotified
Panda Holdings Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting28/07/2016
1 historic (ceased) PSC
  • Mr James Wilsonceased 28/10/2016· 75-100% shares · 75-100% voting

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

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 →
🔒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
Incorporated1979-06-22
Jurisdictionscotland
Primary SIC17230 — SIC 17230

Registered office

104 Park Road
Rosyth
Dunfermline
Fife
KY11 2JL

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-12
Last: 2025-07-29

Officers (1 active · 8 resigned)

WILSON, Mark→
director · ~43y · appointed 2007-05-01
View their other companies + combined net worth →
Active
HOGG, Rachel→
secretary · resigned 2003-09-19
Resigned
WILSON, Catherine Winifred→
secretary · appointed 2003-09-19 · resigned 2016-10-28
Resigned
HOGG, Angus Munro→
director · ~80y · resigned 2003-09-19
Resigned
HOGG, Rachel→
director · ~80y · resigned 2003-09-19
Resigned
WILSON, Catherine Winifred→
director · ~73y · appointed 2003-09-19 · resigned 2011-07-25
Resigned
WILSON, James→
director · ~77y · appointed 2011-11-04 · resigned 2016-10-28
Resigned
WILSON, James→
director · ~46y · appointed 2007-05-01 · resigned 2011-11-04
Resigned
WILSON, James→
director · ~77y · resigned 2010-02-19
Resigned

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

Mortgages & charges

9
Total charges
1
Outstanding
1
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
outstanding
James Wilson
A registered charge—28/10/2016—
satisfied
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited
Bond & floating charge1 property21/09/201004/11/2016
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property16/01/200104/11/2016
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property16/11/200001/09/2016
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property29/01/200015/04/2002
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property20/10/199516/02/2001
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property31/05/199530/04/2002
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property24/08/198311/07/1995
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property10/11/198028/06/1995
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (123 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-29
change-person-director-company-with-change-date
officers · CH01
2024-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-06
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2020-07-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-12