LCS EMBROIDERY LTD

💤Zombieactive
SC611679 · ltd · incorporated 2018-10-24
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
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Turnover
year to Oct 2024
Net worth
£-20.9k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Retail sale of clothing in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (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: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (80/100)

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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £20,869

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£21k
Current Assets
£87k
Current Liabilities
-£21k£641£22k£44k£65k£87kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-10-312023-10-31
Total assets£-19.0k
Current assets£86.7k
Net assets£-20.9k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-10-25
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-10-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-10-10
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  4. 2025-09-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2024-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-07-28
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  7. 2024-02-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-08-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-08-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2023-08-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2023-07-31
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  12. 2022-10-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-08-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2020-03-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-04-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2019-04-25
    COBURN, Jordan Agnes resigned
    director
  18. 2019-03-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2019-03-04
    COBURN, Jordan Agnes appointed
    director
  20. 2018-12-31
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2018-10-24
    🏢
    Company incorporated
    As LCS EMBROIDERY LTD
  22. 2018-10-24
    COBURN, Christopher Gordon appointed
    director

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

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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 Christopher Gordon Coburn
Individual · British · DOB 11/1987 · age 39
75100%
75–100%board control75-100% shares · 75-100% voting · board control24/10/2018

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
Incorporated2018-10-24
Jurisdictionscotland
Primary SIC47710 — Retail sale of clothing in specialised stores

Registered office

16 Dalrymple Street
Girvan
KA26 9AE
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-06
Last: 2025-10-23

Officers (1 active · 1 resigned)

COBURN, Christopher Gordon
director · ~39y · appointed 2018-10-24
View their other companies + combined net worth →
Active
COBURN, Jordan Agnes
director · ~40y · appointed 2019-03-04 · resigned 2019-04-25
Resigned

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

Recent filings (27 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-28
gazette-filings-brought-up-to-date
gazette · DISS40
2025-10-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-23
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-10-10
gazette-notice-compulsory
gazette · GAZ1
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-30
change-account-reference-date-company-previous-extended
accounts · AA01
2024-07-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-30
change-person-director-company-with-change-date
officers · CH01
2023-08-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-30
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-01