CITRUS PRINT SOLUTIONS LIMITED

🌳Matureactive
07587753 · ltd · incorporated 2011-04-01
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£408.8k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 46760
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -33% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · oldest 11.7y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 11.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £408,785
Net assets shrinking
Down £9,596 YoY
Cash YoY
-33%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£61k
↓ 33% YoY
Net Worth
£409k
↓ 2.3% YoY
Current Assets
£568k
↓ 6.7% YoY
Current Liabilities
£0£122k£243k£365k£486k£608kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£481.1k£514.4k
Current assets£567.6k£608.1k
Cash£61.5k£92.3k
Debtors£501.1k£492.2k
Net assets£408.8k£418.4k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2024-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-04-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2022-04-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2022-04-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2021-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-12-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2021-12-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2021-12-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2021-02-18
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  14. 2021-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-08-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-10-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2018-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2018-01-30
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  19. 2015-02-02
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  20. 2014-09-10
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  21. 2011-04-01
    🏢
    Company incorporated
    As CITRUS PRINT SOLUTIONS LIMITED
  22. 2011-04-01
    EASTERLING, Ben appointed
    director
  23. 2011-04-01
    LEGGATT, Gordon appointed
    director

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

59/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 15 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Ben Easterling
Individual · British · DOB 06/1974 · age 52
2550%
25-50% shares06/04/2016
Mr Gordon Leggatt
Individual · British · DOB 09/1975 · age 51
2550%
25-50% shares06/04/2016

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
Incorporated2011-04-01
Jurisdictionengland-wales
Primary SIC46760 — SIC 46760

Registered office

Unit 3d Guildford Road
Guildford Road Industrial Estate
Hayle
Cornwall
TR27 4QZ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-09
Last: 2026-03-26

Officers (2 active · 0 resigned)

EASTERLING, Ben
director · ~52y · appointed 2011-04-01
View their other companies + combined net worth →
Active
LEGGATT, Gordon
director · ~51y · appointed 2011-04-01
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
A registered charge1 property30/01/2018
outstanding
Barclays
Barclays Bank PLC
A registered charge1 property02/02/2015
outstanding
Barclays
Barclays Bank PLC
A registered charge10/09/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (49 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-15
change-person-director-company-with-change-date
officers · CH01
2022-04-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-11
change-person-director-company-with-change-date
officers · CH01
2022-04-11
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-12-15