LOMO INDUSTRIES LTD.

🌳Matureactive

SC203510 · ltd · incorporated 2000-02-01

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

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Turnover

—

year to Feb 2025

Net worth

£1.18M

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: SIC 47640

Sector: Wholesale & retail

ALSO REGISTERED FOR

47710Retail sale of clothing in specialised stores
47721Retail sale of footwear in specialised stores
47910Retail sale via mail order houses or via Internet

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 83/100 (exceptional), 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: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 22.5y

30/100

under pressure

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

· Oldest live charge is 22.5 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (79/100)

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

Company profile

address, 4 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

7 officers (5 active, 7 linked, 4 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

80 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £1,175,119

Cash YoY

-30%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£116k

↓ 30% YoY

Net Worth

£1.2m

↑ 13% YoY

Current Assets

£1.2m

↑ 9.6% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-02-28	2024-02-29
Total assets	£1.22M	£1.10M
Current assets	£1.16M	£1.06M
Cash	£116.2k	£165.3k
Debtors	£202.5k	£191.5k
Net assets	£1.18M	£1.04M

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (29 events)Click to expand

2025-11-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-18
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-18
🔓
Charge satisfied #2
2024-11-22
➕
LOWERY, Sonia Margaret appointed
director
2024-11-22
➕
MORRISON, Jill appointed
director
2024-11-22
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-22
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-01
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-01
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-29
📄
change-person-director-company-with-change-date
officers · CH01
2023-11-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-10
📄
capital-allotment-shares
capital · SH01
2020-11-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-11-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2013-10-03
🔒
Charge registered #2
Lender: Bank of Scotland PLC
2003-11-10
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
2000-02-01
🏢
Company incorporated
As LOMO INDUSTRIES LTD.
2000-02-01
➕
LOWERY, Mark David appointed
secretary
2000-02-01
➕
LOWERY, Mark David appointed
director
2000-02-01
➕
MORRISON, Bruce appointed
director
2000-02-01
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2000-02-01
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2000-02-01
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2000-02-01
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

66/100

High — earn-out structure required

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

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 58 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

Name	Shares	Voting rights	Nature of control	Notified
Mr Bruce Morrison Individual · British · DOB 04/1970 · age 56	25–50%	—	25-50% shares	06/04/2016
Mr Mark David Lowery Individual · British · DOB 04/1970 · age 56	25–50%	—	25-50% shares	06/04/2016

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.

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Similar companies

Active · Retail · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
OPTICAL EXPRESS (GYLE) LIMITED→ SC150432 · est 1994	£10.52M £7.89M–£13.15M	—	—	8300	32y	85	58y
AFFORDABLE GOLF LTD.→ SC350505 · est 2008	£3.72M £2.79M–£4.65M	—	—	5300	17y	87	63y
ABBEY CHEMISTS LTD→ SC323221 · est 2007	—	—	—	3900	19y	83	67y
APPLE HEALTHCARE EDINBURGH LTD→ SC339804 · est 2008	—	—	£478.1k	—	18y	83	58y
CAMERON INTERIORS LIMITED→ SC069523 · est 1979	—	—	£227.8k	—	46y	83	58y
CATHERINE'S OF PARTICK LIMITED→ SC099085 · est 1986	—	—	£1.48M	—	40y	83	78y
DUNCAN YACHT CHANDLERS LIMITED→ SC265044 · est 2004	—	—	—	500	22y	83	60y
HELENSBURGH FLOORPLAN (1983) LIMITED→ SC083345 · est 1983	—	—	—	14	42y	83	77y
HODGKINSON THE JEWELLERS LIMITED→ SC137641 · est 1992	—	—	£34.3k	—	34y	83	64y
HUNTER FURNISHINGS LIMITED→ SC295684 · est 2006	—	—	£846.0k	—	20y	83	84y
ITALIAN AROMA COFFEE LIMITED→ SC139395 · est 1992	—	—	—	11	33y	83	59y
LOUD & CLEAR (EDINBURGH) LIMITED→ SC197065 · est 1999	—	—	—	8	26y	83	61y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated2000-02-01

Jurisdictionscotland

Primary SIC47640 — SIC 47640

Registered office

96 Hydepark Street

Glasgow

G3 8BW

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2027-01-01

Last: 2025-12-18