CORSTORPHINE DECORATORS LIMITED

💤Zombieactive
SC108023 · ltd · incorporated 1987-12-01
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
78/100
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: Painting
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (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 (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 1 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
94 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
70
Strong succession / seller-readiness signals.
Risk profile
85
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 · FRS 102
Metric2024-12-312023-12-31

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-09-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-08-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-09-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-08-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-08-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-01-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2019-09-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2018-12-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2018-09-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2017-09-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2016-09-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2015-12-31
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-09-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2014-12-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-10-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2013-09-26
    MACNEIL, Elaine appointed
    secretary
  17. 2013-09-25
    MACNEIL, Margaret resigned
    secretary
  18. 1987-12-01
    🏢
    Company incorporated
    As CORSTORPHINE DECORATORS LIMITED

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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 38 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Michael John Macneil
Individual · British · DOB 06/1966 · age 60
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

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

Similar companies

Active · Construction · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CSQ CONSULT LTD
SC421143 · est 2012 · no financials extracted
14y
CU PLUMBING AND HEATING LTD
SC832628 · est 2024 · no financials extracted
1y
CULLEN PLUMBING & HEATING LIMITED
SC393940 · est 2011 · no financials extracted
15y
CULLROSS (BALLINDEAN) LIMITED
SC685822 · est 2021 · no financials extracted
5y
CUMBRAE PROPERTY LIMITED
SC492499 · est 2014 · no financials extracted
11y
CUMMINGS PLUMBING LIMITED
SC463623 · est 2013 · no financials extracted
12y
CUTHBERTS OF EDINBURGH LIMITED
SC626628 · est 2019 · no financials extracted
7y
D BLACK ELECTRICAL SERVICES LTD
SC882032 · est 2026 · no financials extracted
D BLAKE HOLDINGS LIMITED
SC187718 · est 1998 · no financials extracted
27y
DAMP DOCTORS NATIONAL LTD
SC802980 · est 2024 · no financials extracted
2y
DARM UTILITIES LTD
SC834449 · est 2025 · no financials extracted
1y
DAVID GRIERSON LTD
SC381114 · est 2010 · no financials extracted
15y
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
Incorporated1987-12-01
Jurisdictionscotland
Primary SIC43341 — Painting

Registered office

3 Buie Haugh
Kirkliston
EH29 9FD
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-10
Last: 2025-12-27

Officers (2 active · 1 resigned)

MACNEIL, Elaine
secretary · appointed 2013-09-26
View their other companies + combined net worth →
Active
MACNEIL, Michael John
director · ~60y
View their other companies + combined net worth →
Active
MACNEIL, Margaret
secretary · resigned 2013-09-25
Resigned

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

Recent filings (94 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-15
accounts-with-accounts-type-dormant
accounts · AA
2025-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-03
accounts-with-accounts-type-dormant
accounts · AA
2024-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-27
accounts-with-accounts-type-dormant
accounts · AA
2023-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-28
accounts-with-accounts-type-dormant
accounts · AA
2022-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-27
accounts-with-accounts-type-dormant
accounts · AA
2021-08-22
accounts-with-accounts-type-dormant
accounts · AA
2021-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-19
accounts-with-accounts-type-dormant
accounts · AA
2019-09-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-12-16