532 DESIGN LIMITED

🌿Early-stageactive
SC734411 · ltd · incorporated 2022-06-03
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
£-87.7k
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Other software publishing
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 75/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

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
5 officers (4 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £87,650
Net assets shrinking
Down £133,868 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£88k
↓ 290% YoY
Current Assets
£38k
↓ 13% YoY
Current Liabilities
-£88k-£61k-£34k-£7k£19k£46kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£-45.1k£33.8k
Current assets£37.7k£43.5k
Net assets£-87.7k£46.2k

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 (28 events)Click to expand
  1. 2025-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-01-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-01-20
    PRITCHARD, Adam Robert James appointed
    director
  5. 2024-11-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-11-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-11-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2023-11-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2023-11-21
    CARTWRIGHT, Stephen appointed
    director
  10. 2023-11-21
    BAIN, Kevin Rory resigned
    director
  11. 2023-08-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2023-05-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2023-05-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2023-04-25
    📄
    capital-allotment-shares
    capital · SH01
  15. 2023-04-25
    📄
    capital-alter-shares-subdivision
    capital · SH02
  16. 2023-04-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2023-04-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2023-04-20
    📄
    memorandum-articles
    incorporation · MA
  19. 2023-04-20
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2023-04-20
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2023-04-17
    FRASER, Simon appointed
    director
  22. 2023-04-17
    BAIN, Kevin Rory appointed
    director
  23. 2022-12-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  24. 2022-09-02
    📄
    memorandum-articles
    incorporation · MA
  25. 2022-09-02
    📄
    resolution
    resolution · RESOLUTIONS
  26. 2022-06-03
    🏢
    Company incorporated
    As 532 DESIGN LIMITED
  27. 2022-06-03
    MCNICOLL, Brian Norman appointed
    director
  28. 2022-06-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

50/100
Moderate signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.

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 Brian Norman Mcnicoll
Individual · British · DOB 06/1981 · age 45
75100%
75–100%board control75-100% shares · 75-100% voting · board control03/06/2022

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

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
Incorporated2022-06-03
Jurisdictionscotland
Primary SIC58290 — Other software publishing

Registered office

10 Euclid Crescent
Dundee
DD1 1AG
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-16
Last: 2025-06-02

Officers (4 active · 1 resigned)

CARTWRIGHT, Stephen
director · ~66y · appointed 2023-11-21
View their other companies + combined net worth →
Active
FRASER, Simon
director · ~39y · appointed 2023-04-17
View their other companies + combined net worth →
Active
MCNICOLL, Brian Norman
director · ~45y · appointed 2022-06-03
View their other companies + combined net worth →
Active
PRITCHARD, Adam Robert James
director · ~35y · appointed 2025-01-20
View their other companies + combined net worth →
Active
BAIN, Kevin Rory
director · ~49y · appointed 2023-04-17 · resigned 2023-11-21
Resigned

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

Recent filings (24 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-20
appoint-person-director-company-with-name-date
officers · AP01
2025-01-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-05
change-person-director-company-with-change-date
officers · CH01
2023-11-30
appoint-person-director-company-with-name-date
officers · AP01
2023-11-23
termination-director-company-with-name-termination-date
officers · TM01
2023-11-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-15
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-10
change-person-director-company-with-change-date
officers · CH01
2023-05-10
capital-allotment-shares
capital · SH01
2023-04-25
capital-alter-shares-subdivision
capital · SH02
2023-04-25