LITTLE PINATA CRAFT STUDIO LIMITED
💤Zombieactive
SC459813 · ltd · incorporated 2013-09-23
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 Feb 2025
Net worth
£-50.2k
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: Operation of arts facilities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 69/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (76/100)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, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £50,195
Cash YoY
-8%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£395
↓ 8.1% YoY
Net Worth
-£50k
↑ 1.6% YoY
Current Assets
£5k
↓ 7.0% 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 | £-50.2k | £-51.0k |
| Current assets | £5.1k | £5.5k |
| Cash | £395 | £430 |
| Net assets | £-50.2k | £-51.0k |
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
- 2025-11-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-14📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2023-12-06📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-12-05📄gazette-notice-compulsorygazette · GAZ1
- 2023-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-09📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-08-04📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2023-06-20📄gazette-notice-compulsorygazette · GAZ1
- 2023-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-22📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2021-02-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-01➕MURRAY, Lorna Ann appointedsecretary
- 2017-10-01➕MURRAY, Lorna Ann appointeddirector
- 2017-10-01➖FRENCH, David John resignedsecretary
- 2017-10-01➖FRENCH, David John resigneddirector
- 2017-10-01➖FRENCH, Karen Elizabeth resigneddirector
- 2014-01-24➖BIGGANS, Clare Catherine resigneddirector
- 2014-01-24➕FRENCH, David John appointeddirector
- 2013-09-23🏢Company incorporatedAs LITTLE PINATA CRAFT STUDIO LIMITED
- 2013-09-23➕FRENCH, David John appointedsecretary
- 2013-09-23➕BIGGANS, Clare Catherine appointeddirector
- 2013-09-23➕FRENCH, Karen Elizabeth appointeddirector
Owner dependency
90/100
Critical — business is the founderThe 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.
- +Founder age: Director aged approximately 72 — succession pressure is live.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-04-16
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Lorna Ann Murray Individual · British · DOB 11/1954 · age 72 | 75–100% | — | 75-100% shares | 01/10/2017 |
1 historic (ceased) PSC
- Mrs Karen Elizabeth Frenchceased 01/10/2017· 75-100% shares · 75-100% voting · board control · significant influence
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
9 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
Incorporated2013-09-23
Jurisdictionscotland
Primary SIC90040 — Operation of arts facilities
Registered office
48 Preston Watson Street
Errol
Perth
PH2 7UR
Scotland
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-04-16OVERDUE
Last: 2025-04-02
Officers (2 active · 4 resigned)
Active
MURRAY, Lorna Ann→
Activedirector · ~72y · appointed 2017-10-01
View their other companies + combined net worth →
FRENCH, David John→
Resignedsecretary · appointed 2013-09-23 · resigned 2017-10-01
BIGGANS, Clare Catherine→
Resigneddirector · ~50y · appointed 2013-09-23 · resigned 2014-01-24
FRENCH, David John→
Resigneddirector · ~59y · appointed 2014-01-24 · resigned 2017-10-01
FRENCH, Karen Elizabeth→
Resigneddirector · ~58y · appointed 2013-09-23 · resigned 2017-10-01
Click a director name to see their full track record across all companies.
Recent filings (45 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-18
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2023-12-14
gazette-filings-brought-up-to-date
gazette · DISS40
2023-12-06
gazette-notice-compulsory
gazette · GAZ1
2023-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-30
gazette-filings-brought-up-to-date
gazette · DISS40
2023-09-09
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-08-04
gazette-notice-compulsory
gazette · GAZ1
2023-06-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-21