COURTAULDS LS

🌳Matureactive
SC003388 · private-unlimited · incorporated 1897-01-06
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
not disclosed
Net worth
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.

What this business does
Primary activity: SIC 7499
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 45/100. Strong seller-intent signal (75/100, director aged 72). Most likely exit: share sale to pe / searcher (50/100).

Data confidence

Overall: low (45/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
36 officers (3 active, 36 linked, 25 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
2 filings — limited history
30
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
50
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (67 events)Click to expand
  1. 2026-04-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2024-08-30
    📄
    court-order
    miscellaneous · OC-DV
  3. 2006-08-18
    RUSS, Neil Andrew appointed
    secretary
  4. 2006-08-18
    WILSON, Julia Ruth resigned
    secretary
  5. 2006-06-07
    WILSON, Julia Ruth appointed
    secretary
  6. 2006-06-06
    JAGUN, Ayotola resigned
    secretary
  7. 2006-06-06
    HANDLEY, Helen Kay resigned
    director
  8. 2006-06-06
    JAGUN, Ayotola resigned
    director
  9. 2006-03-08
    WILSON, Julia Ruth resigned
    director
  10. 2005-12-09
    HANDLEY, Helen Kay appointed
    director
  11. 2005-12-08
    JAGUN, Ayotola appointed
    director
  12. 2005-12-08
    WELLS, Christian Henry resigned
    director
  13. 2004-04-30
    WILSON, Julia Ruth appointed
    director
  14. 2003-11-10
    LLEWELLYN, Steve Michael appointed
    director
  15. 2003-11-10
    POLEG, Eliaz resigned
    director
  16. 2003-09-26
    JAGUN, Ayotola appointed
    secretary
  17. 2003-09-26
    RUBENSTEIN, Howard Justin resigned
    secretary
  18. 2003-09-26
    RUBENSTEIN, Howard Justin resigned
    director
  19. 2003-09-26
    WELLS, Christian Henry appointed
    director
  20. 2002-07-12
    POLEG, Eliaz appointed
    director
  21. 2002-06-30
    DUFFY, Hugh Brian resigned
    director
  22. 2002-06-14
    WILSON, Julia Ruth resigned
    director
  23. 2002-06-12
    ELLIS, Michael appointed
    director
  24. 2000-12-01
    WILSON, Julia Ruth appointed
    director
  25. 2000-10-30
    DUFFY, Hugh Brian appointed
    director
  26. 2000-10-30
    THOMPSON, Richard James resigned
    director
  27. 2000-10-26
    CATTERMOLE, Carolyn Tracy resigned
    secretary
  28. 2000-10-26
    CATTERMOLE, Carolyn Tracy resigned
    director
  29. 2000-10-25
    RUBENSTEIN, Howard Justin appointed
    secretary
  30. 2000-10-25
    RUBENSTEIN, Howard Justin appointed
    director
  31. 2000-04-17
    CATTERMOLE, Carolyn Tracy appointed
    secretary
  32. 2000-04-17
    CLARKE, Melanie Anne resigned
    secretary
  33. 2000-04-17
    CATTERMOLE, Carolyn Tracy appointed
    director
  34. 2000-04-17
    CLARKE, Melanie Anne resigned
    director
  35. 2000-02-23
    CLARKE, Melanie Anne appointed
    secretary
  36. 2000-02-23
    KELLY, Susan Kathleen resigned
    secretary
  37. 2000-02-23
    CLARKE, Melanie Anne appointed
    director
  38. 2000-02-23
    KELLY, Susan Kathleen resigned
    director
  39. 1999-05-28
    JENKINS, Stephen Adrian resigned
    director
  40. 1999-05-28
    THOMPSON, Richard James appointed
    director
  41. 1998-11-24
    CATTERMOLE, Carolyn Tracy resigned
    secretary
  42. 1998-11-24
    KELLY, Susan Kathleen appointed
    secretary
  43. 1998-11-24
    CATTERMOLE, Carolyn Tracy resigned
    director
  44. 1998-11-24
    KELLY, Susan Kathleen appointed
    director
  45. 1998-10-23
    BRIDDOCK, Karen Louise resigned
    secretary
  46. 1998-10-23
    CATTERMOLE, Carolyn Tracy appointed
    secretary
  47. 1998-10-23
    BRIDDOCK, Karen Louise resigned
    director
  48. 1998-10-23
    CATTERMOLE, Carolyn Tracy appointed
    director
  49. 1997-05-14
    EDIS-BATES, Jonathan Geoffrey resigned
    director
  50. 1996-10-01
    JENKINS, Stephen Adrian appointed
    director
Showing most recent 50 of 67 events

Owner dependency

83/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

96/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 129 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 med ·
Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

🔒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 →

Similar companies

Active · Professional services · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CHARLES RIVER LABORATORIES EDINBURGH LIMITED
SC091725 · est 1985
£131.60M
£96.97M£166.24M
£135.39M13590041y8567y
ROBERTSON EDUCATION (ABERDEENSHIRE) HOLDINGS LIMITED
SC209010 · est 2000
£5.47M
£4.03M£6.91M
025y8560y
DSF (2003) LIMITED
SC144009 · est 1993
£4.70M
£3.46M£5.93M
733y8761y
FCC (EAST AYRSHIRE) HOLDINGS LIMITED
SC300470 · est 2006
£3.99M
£2.94M£5.03M
020y8760y
BLYTH & BLYTH CONSULTING ENGINEERS LIMITED
SC241155 · est 2002
£2.78M
£2.05M£3.52M
9323y8785y
SIBCAS LIMITED
SC052604 · est 1973
£1.88M
£1.39M£2.38M
16553y8868y
HORIZON (GP) LIMITED
SC493523 · est 2014
£45.2k
£33.3k£57.1k
611y9566y
BURNDENE INVESTMENTS LIMITED
SC015613 · est 1929
£14.3k
£10.5k£18.0k
096y8363y
3 ED HOLDINGS 2 LIMITED
SC328040 · est 2007 · no financials extracted
18y8365y
ABACUS FINANCIAL MARKETING LIMITED
SC197503 · est 1999
£3.4k26y8359y
ACCOUNTING & TAXATION SERVICE LTD
SC360357 · est 2009 · no financials extracted
16y8358y
BRINDLEY ASSOCIATES LIMITED
SC290803 · est 2005
130020y8359y
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
Typeprivate-unlimited
Incorporated1897-01-06
Jurisdictionscotland
Primary SIC7499 — SIC 7499

Registered office

Kpmg Llp
20 Castle Terrace
Edinburgh
EH1 2EG

Filing status

Accounts
Next due:
Last made up to: 2005-06-30
Confirmation statement
Next due:
Last:

Officers (3 active · 33 resigned)

RUSS, Neil Andrew
secretary · appointed 2006-08-18
View their other companies + combined net worth →
Active
ELLIS, Michael
director · ~67y · appointed 2002-06-12
View their other companies + combined net worth →
Active
LLEWELLYN, Steve Michael
director · ~72y · appointed 2003-11-10
View their other companies + combined net worth →
Active
BRIDDOCK, Karen Louise
secretary · appointed 1995-04-25 · resigned 1998-10-23
Resigned
CATTERMOLE, Carolyn Tracy
secretary · appointed 2000-04-17 · resigned 2000-10-26
Resigned
CATTERMOLE, Carolyn Tracy
secretary · appointed 1998-10-23 · resigned 1998-11-24
Resigned
CLARKE, Melanie Anne
secretary · appointed 2000-02-23 · resigned 2000-04-17
Resigned
HARTELL, Anthony
secretary · appointed 1991-09-12 · resigned 1995-04-24
Resigned
JAGUN, Ayotola
secretary · appointed 2003-09-26 · resigned 2006-06-06
Resigned
KELLY, Susan Kathleen
secretary · appointed 1998-11-24 · resigned 2000-02-23
Resigned
RUBENSTEIN, Howard Justin
secretary · appointed 2000-10-25 · resigned 2003-09-26
Resigned
SELLAR, Thomas John
secretary · resigned 1991-09-01
Resigned
WILSON, Julia Ruth
secretary · appointed 2006-06-07 · resigned 2006-08-18
Resigned
BRIDDOCK, Karen Louise
director · ~62y · appointed 1993-01-01 · resigned 1998-10-23
Resigned
BYRAN, Robert Kenneth
director · ~61y · appointed 1991-09-01 · resigned 1992-12-31
Resigned
CATTERMOLE, Carolyn Tracy
director · ~66y · appointed 2000-04-17 · resigned 2000-10-26
Resigned
CATTERMOLE, Carolyn Tracy
director · ~66y · appointed 1998-10-23 · resigned 1998-11-24
Resigned
CLARKE, Melanie Anne
director · ~62y · appointed 2000-02-23 · resigned 2000-04-17
Resigned
CLIFFORD, Jacqueline Margaret Claire
director · ~63y · appointed 1995-04-25 · resigned 1996-07-31
Resigned
CONNOR, James
director · ~86y · resigned 1991-10-01
Resigned

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

Recent filings (2 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-07
court-order
miscellaneous · OC-DV
2024-08-30