CS FLOORING LIMITED
Opportunity 58/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: low (54/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (29 events)Click to expand
- 2025-08-19📄gazette-dissolved-compulsorygazette · GAZ2
- 2025-08-19🏁Company dissolved
- 2025-06-03📄gazette-notice-compulsorygazette · GAZ1
- 2024-03-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-12-22📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-08-31📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2015-12-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-08-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-12-03📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2014-12-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2014-11-30➖CORRICK, Tamsin Cara resignedsecretary
- 2014-11-30➖CORRICK, Tamsin Cara resigneddirector
- 2011-08-19➖SMITH, Steven James resigneddirector
- 2010-08-01➕CORRICK, Tamsin Cara appointedsecretary
- 2010-08-01➖MKL SECRETARIES LIMITED resignedcorporate-secretary
- 2010-08-01➕CORRICK, Tamsin Cara appointeddirector
- 2007-05-18➕SMITH, Steven James appointeddirector
- 2004-08-17🏢Company incorporatedAs CS FLOORING LIMITED
- 2004-08-17➕CORRICK, Justin Stanley appointeddirector
- 2004-08-17➕MKL SECRETARIES LIMITED appointedcorporate-secretary
- 2004-08-17➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 2004-08-17➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 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
1 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2025-08-19
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Justin Stanley Corrick Individual · British · DOB 02/1969 · age 57 | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
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Filing status
Officers (0 active · 5 resigned)
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