LUMINAE DESIGN LTD

💤Zombieactive
SC644372 · ltd · incorporated 2019-10-14
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 Oct 2024
Net worth
£-38.1k
book net assets
Opportunity
72/100
Strong
🔔
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: SIC 14190
Sector: Manufacturing
ALSO REGISTERED FOR
  • 32990Other manufacturing n.e.c.
  • 71129Other engineering activities
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: medium (78/100)

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

Company profile
address, 3 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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
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 £38,107

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£38k
↓ 198% YoY
Current Assets
£12k
↓ 70% YoY
Current Liabilities
—
-£38k-£23k-£8k£8k£23k£38kOct 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£-38.1k£-12.8k
Current assets£11.6k£38.2k
Net assets£-38.1k£-12.8k

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
1
filing
  • • 1 persons-with-significant-control
Last 90 days
2
filings
  • • 1 persons-with-significant-control
  • • 1 officers
Last 180 days
3
filings
  • • 2 persons-with-significant-control
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-04-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2026-03-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-12-15
    ➖
    WILSON, David resigned
    director
  4. 2025-11-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-07-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2025-01-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-12-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2023-11-16
    ➖
    WELLS, Robert resigned
    director
  10. 2023-07-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-01-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2022-06-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-06-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-05-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2021-05-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2021-05-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2021-05-14
    📄
    capital-allotment-shares
    capital · SH01
  18. 2021-05-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2021-05-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2021-01-31
    ➕
    MACDONALD, Ruari John appointed
    director
  21. 2021-01-31
    ➕
    WELLS, Robert appointed
    director
  22. 2021-01-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  23. 2021-01-27
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  24. 2019-10-14
    🏢
    Company incorporated
    As LUMINAE DESIGN LTD
  25. 2019-10-14
    ➕
    WILSON, David 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
NameSharesVoting rightsNature of controlNotified
Mr Ruari John Macdonald
Individual · British · DOB 04/1993 · age 33
25–50%
25–50%25-50% shares · 25-50% voting31/01/2021
2 historic (ceased) PSCs
  • Mr Robert Wellsceased 16/11/2023· 25-50% shares · 25-50% voting
  • Mr David Wilsonceased 31/12/2025· 25-50% shares · 25-50% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Manufacturing · KA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
VERACITY UK LIMITED→
SC291812 · est 2005
£7.42M
£5.77M–£9.06M
——4620y8570y
CHEMTEC UK LIMITED→
SC276983 · est 2004
£5.02M
£3.90M–£6.13M
——230021y9057y
GMSS HOLDINGS LIMITED→
SC478614 · est 2014
£2.25M
£1.75M–£2.75M
——011y8461y
AEROFORMA TECHNOLOGIES (NORTH) LIMITED→
SC123036 · est 1990
———4736y8375y
ATLAS (SCOTLAND) LIMITED→
SC260329 · est 2003
——£583.3k—22y8366y
AYRSHIRE BLINDS LIMITED→
SC090647 · est 1984
——£199.3k—41y8381y
BOAT ELECTRICS & ELECTRONICS LIMITED→
SC066331 · est 1978
——£396.3k—47y8360y
BRODIE ENGINEERING LIMITED→
SC163999 · est 1996
———960030y8360y
CAPITAL STEEL LIMITED→
SC275258 · est 2004
——£1.45M—21y8370y
GIRARD INDUSTRIES EUROPE LIMITED→
SC101084 · est 1986
——£389.5k—39y8373y
KENNEDYSMITH (PRESS) LIMITED→
SC186009 · est 1998
———720027y8366y
NPI SOLUTIONS LIMITED→
SC220548 · est 2001
——£1.06M—24y8362y
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
Incorporated2019-10-14
Jurisdictionscotland
Primary SIC14190 — SIC 14190

Registered office

Unit 11, Ailsa Business Park
Ailsa Road
Irvine
Ayrshire
KA12 8LN
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10

Officers (1 active · 2 resigned)

MACDONALD, Ruari John→
director · ~33y · appointed 2021-01-31
View their other companies + combined net worth →
Active
WELLS, Robert→
director · ~60y · appointed 2021-01-31 · resigned 2023-11-16
Resigned
WILSON, David→
director · ~65y · appointed 2019-10-14 · resigned 2025-12-15
Resigned

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

Recent filings (27 total)

cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-27
termination-director-company-with-name-termination-date
officers · TM01
2026-03-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-27
termination-director-company-with-name-termination-date
officers · TM01
2023-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-01
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-18