999 DESIGN GROUP LIMITED

💤Zombieactive
SC078886 · ltd · incorporated 1982-05-27
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 Oct 2024
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Specialised design activities
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 33.9y

30/100
under pressure

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

  • · Oldest live charge is 33.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
115 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
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£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31
Average employees11001600

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

🔒Filing-note intelligence

3 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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-07-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-04-26
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2023-07-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2022-08-31
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  5. 2022-08-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2022-08-31
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2022-08-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  8. 2022-08-31
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2022-08-30
    MCLEISH, John Daniel appointed
    secretary
  10. 2022-08-30
    GAUGHAN, William resigned
    secretary
  11. 2022-08-30
    GAUGHAN, William resigned
    director
  12. 2022-03-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2021-03-11
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2020-08-14
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2019-07-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2018-08-14
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2018-07-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2017-11-24
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  19. 2017-11-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2016-07-06
    GOW, Alan resigned
    director
  21. 2016-06-27
    🔓
    Charge satisfied #2
  22. 2016-06-27
    🔓
    Charge satisfied #1
  23. 2016-06-24
    MCLEISH, John Daniel appointed
    director
  24. 2016-06-24
    BISSLAND, Richard resigned
    director
  25. 2016-06-17
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  26. 2005-04-07
    FORBES, Keith resigned
    director
  27. 2002-09-20
    FORBES, Keith appointed
    director
  28. 2002-09-20
    GOW, Alan appointed
    director
  29. 1992-06-04
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  30. 1992-05-21
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  31. 1982-05-27
    🏢
    Company incorporated
    As 999 DESIGN GROUP LIMITED

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
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.
  • secondaryStable-but-static management: Company is 44 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

Equator (Scotland) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Equator (Scotland) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
999 DESIGN GROUP LIMITED
This company · SC078886

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
Equator (Scotland) Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control20/06/2016
1 historic (ceased) PSC
  • Mr William Gaughanceased 30/08/2022· 25-50% shares · 25-50% voting

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

🔒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

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
Incorporated1982-05-27
Jurisdictionscotland
Primary SIC74100 — Specialised design activities

Registered office

58 Elliot Street
Glasgow
G3 8DZ
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-12-28
Last: 2025-12-14

Officers (2 active · 5 resigned)

MCLEISH, John Daniel
secretary · appointed 2022-08-30
View their other companies + combined net worth →
Active
MCLEISH, John Daniel
director · ~56y · appointed 2016-06-24
View their other companies + combined net worth →
Active
GAUGHAN, William
secretary · resigned 2022-08-30
Resigned
BISSLAND, Richard
director · ~73y · resigned 2016-06-24
Resigned
FORBES, Keith
director · ~61y · appointed 2002-09-20 · resigned 2005-04-07
Resigned
GAUGHAN, William
director · ~74y · resigned 2022-08-30
Resigned
GOW, Alan
director · ~68y · appointed 2002-09-20 · resigned 2016-07-06
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge17/06/2016
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property04/06/199227/06/2016
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property21/05/199227/06/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (115 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-05
accounts-with-accounts-type-small
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-24
accounts-with-accounts-type-small
accounts · AA
2024-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-18
accounts-with-accounts-type-small
accounts · AA
2023-07-12
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-23
appoint-person-secretary-company-with-name-date
officers · AP03
2022-08-31
termination-director-company-with-name-termination-date
officers · TM01
2022-08-31
termination-secretary-company-with-name-termination-date
officers · TM02
2022-08-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-08-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-08-31
accounts-with-accounts-type-small
accounts · AA
2022-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-17
accounts-with-accounts-type-small
accounts · AA
2021-03-11