LIT SCREENS LIMITED

💤Zombieactive
SC272733 · ltd · incorporated 2004-08-31
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
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 74). 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 (73/100).

Data confidence

Overall: medium (77/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
69 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
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 employees1100

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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-10-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2022-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-11-19
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2021-11-16
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2021-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-12-16
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2020-12-15
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2019-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-08-07
    ➕
    FRENCH DUNCAN LLP appointed
    corporate-secretary
  15. 2018-08-07
    ➖
    MACFARLANE GRAY resigned
    corporate-secretary
  16. 2018-08-07
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  17. 2018-08-07
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2018-06-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2006-05-08
    ➕
    MACFARLANE GRAY appointed
    corporate-secretary
  20. 2006-05-08
    ➖
    MORTON FRASER SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  21. 2006-05-08
    ➖
    HUNTER, Allan James resigned
    director
  22. 2004-10-26
    ➕
    MACLEOD, Duncan Munro appointed
    director
  23. 2004-10-26
    ➕
    HUNTER, Allan James appointed
    director
  24. 2004-10-26
    ➖
    MORTON FRASER DIRECTORS LIMITED resigned
    corporate-nominee-director
  25. 2004-08-31
    🏢
    Company incorporated
    As LIT SCREENS LIMITED
  26. 2004-08-31
    ➕
    MORTON FRASER SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  27. 2004-08-31
    ➕
    MORTON FRASER DIRECTORS LIMITED appointed
    corporate-nominee-director

Owner dependency

100/100
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 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Duncan Munro Macleod
Individual · Scottish · DOB 06/1952 · age 74
75–100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence06/04/2016

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.

See pricing →

Similar companies

Active · Technology · FK postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
COMPUTER DIVISION LIMITED→
SC205214 · est 2000
————26y8358y
OBJECTIVE ASSOCIATES LIMITED→
SC233985 · est 2002
———50023y8365y
PIXEL IMAGE LIMITED→
SC204703 · est 2000
———120026y8258y
QUALITY TRAINING (SCOTLAND) LIMITED→
SC192934 · est 1999
——£17.0k—27y8262y
RODERICK GUNKEL & ASSOCIATES LTD.→
SC242711 · est 2003
———40023y8278y
STRAAN CAPITAL LIMITED→
SC269899 · est 2004
——£331.9k—21y8268y
2E-VOLVE (UK) LTD→
SC261922 · est 2004
——£194.2k—22y8166y
CITIZENS ADVICE BUREAU (GRANGEMOUTH & BO'NESS) LIMITED→
SC126238 · est 1990 · no financials extracted
————35y8185y
EXPERT IT SOLUTIONS LTD→
SC239210 · est 2002
——£141.5k—23y8161y
GRAYLINK LIMITED→
SC090783 · est 1984
————41y8183y
I4DATA LTD→
SC311820 · est 2006
——£95.4k—19y8159y
INCYTE CONSULTING LTD.→
SC329486 · est 2007
———10018y8178y
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
Incorporated2004-08-31
Jurisdictionscotland
Primary SIC62090 — Other information technology service activities

Registered office

Office 4 Commercial Centre
Stirling Enterprise Park
Stirling
FK7 7RP
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-14
Last: 2025-08-31

Officers (2 active · 4 resigned)

FRENCH DUNCAN LLP→
corporate-secretary · appointed 2018-08-07
View their other companies + combined net worth →
Active
MACLEOD, Duncan Munro→
director · ~74y · appointed 2004-10-26
View their other companies + combined net worth →
Active
MACFARLANE GRAY→
corporate-secretary · appointed 2006-05-08 · resigned 2018-08-07
Resigned
MORTON FRASER SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2004-08-31 · resigned 2006-05-08
Resigned
HUNTER, Allan James→
director · ~70y · appointed 2004-10-26 · resigned 2006-05-08
Resigned
MORTON FRASER DIRECTORS LIMITED→
corporate-nominee-director · appointed 2004-08-31 · resigned 2004-10-26
Resigned

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

Recent filings (69 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-21
gazette-filings-brought-up-to-date
gazette · DISS40
2021-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-18
gazette-notice-compulsory
gazette · GAZ1
2021-11-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-29
gazette-filings-brought-up-to-date
gazette · DISS40
2020-12-16