ADVANCED IMAGES (SCOTLAND) LIMITED

🌳Matureactive

SC389282 · ltd · incorporated 2010-11-22

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 Nov 2024

Net worth

£-12.1k

book net assets

Opportunity

76/100

Strong

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What this business does

Primary activity: SIC 26200

Sector: Manufacturing

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

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, 1 SIC codes, incorporation date

100

Financials

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

Lenders & charges

Confirmed no charges registered

Directors & officers

10 officers (2 active, 10 linked, 7 with DOB)

Ownership & PSC

2 active PSC(s) of 4 total, 4 with control declared

Director network

1 connected companies via shared directors

Filing history

63 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

76/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Negative net assets

Liabilities exceed assets by £12,114

Cash YoY

-14%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£13k

↓ 14% YoY

Net Worth

-£12k

↑ 54% YoY

Current Assets

£32k

↓ 26% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-11-30	2023-11-30
Total assets	£17.4k	£7.7k
Current assets	£32.4k	£43.9k
Cash	£12.8k	£15.0k
Debtors	£18.8k	£25.1k
Net assets	£-12.1k	£-26.5k

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

filing

• 1 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (35 events)Click to expand

2025-08-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-21
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-02-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-02-21
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2024-02-21
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-24
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2023-06-20
📄
gazette-notice-compulsory
gazette · GAZ1
2023-01-31
➖
MCPHEE, Rona resigned
secretary
2023-01-31
➖
MCPHEE, Rona resigned
director
2022-12-07
📄
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2022-08-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-03-31
➖
O'SHEA, Gerald resigned
director
2021-08-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-04
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2018-08-20
➕
O'SHEA, Gerald appointed
director
2018-05-30
➖
PAUL, Martin resigned
director
2016-11-23
➕
MCPHEE, Rona appointed
director
2015-07-29
➕
PAUL, Martin appointed
director
2014-09-01
➕
MCPHEE, Rona appointed
secretary
2014-05-30
➖
MCGRATH, Patrick resigned
director
2010-11-22
🏢
Company incorporated
As ADVANCED IMAGES (SCOTLAND) LIMITED
2010-11-22
➕
CAMPBELL, Julie appointed
director
2010-11-22
➕
CAMPBELL, Stewart James appointed
director
2010-11-22
➕
COSEC LIMITED appointed
corporate-secretary
2010-11-22
➖
COSEC LIMITED resigned
corporate-secretary
2010-11-22
➕
MCGRATH, Patrick appointed
director
2010-11-22
➕
MCMEEKIN, James Stuart appointed
director
2010-11-22
➖
MCMEEKIN, James Stuart resigned
director
2010-11-22
➕
COSEC LIMITED appointed
corporate-director
2010-11-22
➖
COSEC LIMITED resigned
corporate-director

Owner dependency

76/100

High — earn-out structure required

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

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

59/100

Strong succession signal

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

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 15 years.
secondaryStable-but-static management: Company is 15 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Julie Campbell Individual · British · DOB 01/1976 · age 50	50–75%	50–75%	50-75% shares · 50-75% voting	01/08/2016
Mr Stewart Campbell Individual · British · DOB 11/1973 · age 53	25–50%	25–50%	25-50% shares · 25-50% voting	31/01/2023

2 historic (ceased) PSCs

Ms Rona Campbellceased 31/08/2018· 25-50% shares
Mrs Rona Mcpheeceased 31/01/2023· 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 →

Similar companies

Active · Manufacturing · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A P S GEO SERVICES LIMITED→ SC267280 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
A.L.S. (SCOTLAND) LTD→ SC555932 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
ALEEZLIAQAT LTD→ SC875558 · est 2026 · no financials extracted	—	—	—	—	—	—	—
ALL INSPECTIONS LTD→ SC736902 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
ALLSTAR JOINERY LTD→ SC361612 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
ALPRESS HYDRAULIC SERVICES LTD.→ SC389888 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
ANDERSON CREATIONS LIMITED→ SC537593 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
ANDERSON DIGITAL LIMITED→ SC311700 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
ANGEL FOR HIRE LTD→ SC881110 · est 2026 · no financials extracted	—	—	—	—	—	—	—
ANISTON TRADING LTD→ SC498993 · est 2015 · no financials extracted	—	—	—	—	11y	—	—
AOU CAMPER UPHOLSTERY LTD→ SC749708 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
APEX AERORAIL SOLUTIONS LIMITED→ SC866531 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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.

See pricing →

Company details

Statusactive

Typeltd

Incorporated2010-11-22

Jurisdictionscotland

Primary SIC26200 — SIC 26200

Registered office

1 West Arthurlie Industrial Estate Off Lochlibo Road

Barrhead

Glasgow

G78 1LG

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2027-04-15

Last: 2026-04-01

Officers (2 active · 8 resigned)

CAMPBELL, Julie→

director · ~50y · appointed 2010-11-22

View their other companies + combined net worth →

Active

CAMPBELL, Stewart James→

director · ~53y · appointed 2010-11-22

View their other companies + combined net worth →

Active

MCPHEE, Rona→

secretary · appointed 2014-09-01 · resigned 2023-01-31

Resigned

COSEC LIMITED→

corporate-secretary · appointed 2010-11-22 · resigned 2010-11-22

Resigned

MCGRATH, Patrick→

director · ~90y · appointed 2010-11-22 · resigned 2014-05-30

Resigned

MCMEEKIN, James Stuart→

director · ~59y · appointed 2010-11-22 · resigned 2010-11-22

Resigned

MCPHEE, Rona→

director · ~69y · appointed 2016-11-23 · resigned 2023-01-31

Resigned

O'SHEA, Gerald→

director · ~42y · appointed 2018-08-20 · resigned 2022-03-31

Resigned

PAUL, Martin→

director · ~31y · appointed 2015-07-29 · resigned 2018-05-30

Resigned

COSEC LIMITED→

corporate-director · appointed 2010-11-22 · resigned 2010-11-22

Resigned

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

Recent filings (63 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-04-22

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-08-13

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-04-15

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-08-12

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-04-12

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2024-02-21

termination-director-company-with-name-termination-date

officers · TM01

2024-02-21

termination-secretary-company-with-name-termination-date

officers · TM02

2024-02-21

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2024-02-21

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-08-29

gazette-filings-brought-up-to-date

gazette · DISS40

2023-06-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-06-22

gazette-notice-compulsory

gazette · GAZ1

2023-06-20

second-filing-of-confirmation-statement-with-made-up-date

confirmation-statement · RP04CS01

2022-12-07

confirmation-statement-with-updates

confirmation-statement · CS01

2022-12-07