CARSS FINANCIAL PARTNERS LTD

💤Zombieactive
11032077 · ltd · incorporated 2017-10-25
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 Dec 2024
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Activities of mortgage finance companies
Sector: Financial & insurance
ALSO REGISTERED FOR
  • 64999Financial intermediation not elsewhere classified
  • 65110Life insurance
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (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: share sale to pe / searcher (73/100).

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
25 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
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Average employees200200

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
2
filings
  • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-01-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  2. 2026-01-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-10-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-10-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-08-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-08-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2025-06-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2024-08-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-08-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-03-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-01-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  14. 2019-07-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-05-31
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  16. 2017-12-19
    📄
    capital-allotment-shares
    capital · SH01
  17. 2017-10-25
    🏢
    Company incorporated
    As CARSS FINANCIAL PARTNERS LTD
  18. 2017-10-25
    CARSS, Stephen appointed
    director
  19. 2017-10-25
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

100/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "CARSS" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Stephen Carss
Individual · British · DOB 08/1964 · age 62
5075%
75–100%board control75-100% shares · 75-100% voting · board control25/10/2017
Mrs Claire Kathleen Carss
Individual · British · DOB 12/1967 · age 59
2550%
25-50% shares14/01/2026

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

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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
Incorporated2017-10-25
Jurisdictionengland-wales
Primary SIC64922 — Activities of mortgage finance companies

Registered office

19 Main Street
Ponteland
Newcastle Upon Tyne
NE20 9NH
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-07
Last: 2025-10-24

Officers (1 active · 0 resigned)

CARSS, Stephen
director · ~62y · appointed 2017-10-25
View their other companies + combined net worth →
Active

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

Recent filings (25 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-31
change-person-director-company-with-change-date
officers · CH01
2025-10-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-25
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-25