THE CORRA FOUNDATION

🌳Matureactive

SC096068 · private-limited-guarant-nsc-limited-exemption · incorporated 1985-11-20

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: Activities of other membership organisations n.e.c.

Sector: Other service activities

Investor take

Pursue

Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 77/100. Strong seller-intent signal (73/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 16.5y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 16.5 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 38/100 — workable, but lender will want more DD.

Data confidence

Overall: low (49/100)

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

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

79 officers (12 active, 79 linked, 69 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

3 connected companies via shared directors

Filing history

281 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filing

• 1 confirmation-statement

Last 90 days

filings

• 3 officers
• 1 confirmation-statement

Last 180 days

filings

• 4 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (169 events)Click to expand

2026-04-09
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2026-04-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-04-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-04-02
➖
AHMED, Nosheen resigned
director
2026-03-26
➕
MCKINVEN, Monica Alice appointed
secretary
2026-03-26
➕
TOLLERTON, Kirsten Susan appointed
director
2025-12-22
➖
GRAHAM, Hana resigned
secretary
2025-12-22
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2025-12-17
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-12-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-12-11
➕
SCHOLES, Robert William appointed
director
2025-12-11
➖
GIBSON, Claire Ann resigned
director
2025-10-15
📄
change-person-director-company-with-change-date
officers · CH01
2025-09-22
📄
accounts-with-accounts-type-full
accounts · AA
2025-09-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-09-11
➖
JOHNSON, David Ralph resigned
director
2025-04-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-03-27
➕
DAVIES, Graeme Forbes Ogilvy appointed
director
2024-12-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-12-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-12-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-12-06
➕
ARMSTRONG, Mark Christopher David appointed
director
2024-12-06
➕
HASSAN, Fatha Tasnim appointed
director
2024-12-06
➖
MARTIN, Richard Macintyre resigned
director
2024-09-20
📄
accounts-with-accounts-type-full
accounts · AA
2024-09-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-09-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-09-06
➖
MCCULLOUGH, Luke resigned
director
2024-09-06
➖
SANDFORD, Fiona Macdonald resigned
director
2024-07-24
📄
change-person-director-company-with-change-date
officers · CH01
2024-07-24
📄
change-person-director-company-with-change-date
officers · CH01
2024-07-24
📄
change-person-director-company-with-change-date
officers · CH01
2024-06-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-06-14
➕
SCOTT, Andrew George, Dr appointed
director
2024-03-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-03-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-03-18
➖
MCLAUGHLIN, Christine resigned
director
2024-03-15
➕
CHOUDHARY, Pratul appointed
director
2023-12-08
➖
BARLOW, Joy Margaret resigned
director
2023-06-22
➕
GRAHAM, Hana appointed
secretary
2023-04-13
➖
BEST, Natalia resigned
secretary
2022-09-09
➕
AHMED, Nosheen appointed
director
2022-08-04
➖
CARMICHAEL, Elizabeth Young resigned
director
2022-06-10
➕
HERBERTS, Andrew John David appointed
director
2020-12-09
➖
MCKEAN, Elaine resigned
director
2020-06-11
➕
COLLINS, Michaela appointed
director
2020-06-11
➕
ZIMUNYA, Mildred appointed
director
2020-06-11
➖
CIVVAL, Trevor Andrew resigned
director
2020-06-11
➕
MCLAUGHLIN, Christine appointed
director
2020-03-31
➖
URCH, David Michael resigned
director

Showing most recent 50 of 169 events

Owner dependency

55/100

Moderate — manageable with handover

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

FACTORS

-11 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 65 — 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 65. Approaching typical UK retirement age — succession thinking likely.

Red flags

1 med ·

4 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: GRAHAM, Hana resigned 2025-12-22; AHMED, Nosheen resigned 2026-04-02; GIBSON, Claire Ann resigned 2025-12-11

🔒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 · Other · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
TARTAN GOLF INTERNATIONAL LIMITED→ SC086571 · est 1984	£965.1k £643.4k–£1.29M	—	—	19	42y	83	66y
CONFEDERATION OF FOREST INDUSTRIES (UK) LIMITED→ SC034467 · est 1959	£786.2k £524.1k–£1.05M	—	—	—	66y	82	72y
COGENT SSC LIMITED→ SC129351 · est 1991 · no financials extracted	—	—	—	—	35y	83	59y
KIRKNEWTON COMMUNITY DEVELOPMENT TRUST LTD→ SC307425 · est 2006 · no financials extracted	—	—	—	—	19y	83	84y
NEVIS PROPERTY COMPANY LIMITED→ SC020708 · est 1938 · no financials extracted	—	—	—	—	87y	83	90y
NEWLANDS COMMUNITY DEVELOPMENT TRUST→ SC328243 · est 2007 · no financials extracted	—	—	—	—	18y	83	68y
OUTDOOR INDUSTRIES ASSOCIATION CIC→ SC366266 · est 2009 · no financials extracted	—	—	—	—	16y	83	66y
SALMON SCOTLAND LTD→ SC152347 · est 1994	—	—	£188.2k	—	31y	83	66y
SCOTPAC INTERNATIONAL (U.K.) LIMITED→ SC047003 · est 1969	—	—	—	—	56y	83	60y
SMTA (TRADING PARTNERS) LIMITED→ SC342972 · est 2008	—	—	—	0	18y	83	76y
AW ESTATES LIMITED→ SC259737 · est 2003 · no financials extracted	—	—	—	—	22y	82	68y
BOARDWISE (GLASGOW) LIMITED→ SC139326 · est 1992	—	—	—	—	33y	82	65y

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.

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Company details

Statusactive

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated1985-11-20

Jurisdictionscotland

Primary SIC94990 — Activities of other membership organisations n.e.c.

Registered office

Office Suite 30, Pure Offices

4 Lochside Way

Edinburgh

EH12 9DT

United Kingdom

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-06-09

Last: 2026-05-26