COURTVITAL LIMITED

🌳Matureactive
SC139723 · ltd · incorporated 1992-08-11
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.
Why now
Window steady · high confidence
Thesis has shifted recently — watch for confirmation.
  • · Investment thesis: well_run_hard_buy → unclassified
  • · Hygiene score: 82 → 62
  • · Opportunity score: 79 → 71
  • · Bankability: 67 → 57
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 3 recent signals weakening vs 0 strengthening
What changed my view
Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

  • ·Investment thesis: well_run_hard_buy → unclassified
  • ↓Opportunity score: 79 → 71
  • ↓Hygiene score: 82 → 62
  • ↓Bankability: 67 → 57
  • ·Distress / opportunity: avoid → speculative
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
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Other holiday and other collective accommodation
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 57/100. Strong seller-intent signal (78/100, director aged 69). Asset purchase likely safer than share purchase given structural signals. 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

6 live charges · 3 lenders · oldest 33.2y

35/100
too messy

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

  • · Oldest live charge is 33.2 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 3 with DOB)
77
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
113 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
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£0Mar 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
Average employees2200

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
4
filings
  • • 3 officers
  • • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
  1. 2026-03-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-03-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2026-03-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2026-03-04
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2025-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-10-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-05-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-12-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2003-07-05
    🔓
    Charge satisfied #6
  18. 2003-07-05
    🔓
    Charge satisfied #5
  19. 2003-07-03
    ➖
    SHERLOCK, Faye resigned
    secretary
  20. 2003-07-03
    ➖
    BERRY, Alan Charles resigned
    director
  21. 2003-07-01
    ➕
    STALKER, Joan appointed
    secretary
  22. 2003-07-01
    ➕
    STALKER, Joan appointed
    director
  23. 2001-12-01
    ➕
    SHERLOCK, Faye appointed
    secretary
  24. 2001-11-30
    ➖
    HORSBURGH, Norman resigned
    secretary
  25. 1997-03-27
    ➖
    BERRY, Alan Charles resigned
    secretary
  26. 1997-03-27
    ➕
    HORSBURGH, Norman appointed
    secretary
  27. 1996-09-02
    🔒
    Charge registered #7
    Lender: Bass Brewers Limited
  28. 1996-08-06
    🔒
    Charge registered #6
    Lender: The Governor and Company of the Bank of Scotland
  29. 1996-07-18
    🔒
    Charge registered #5
    Lender: The Governor and Company of the Bank of Scotland
  30. 1994-03-07
    🔒
    Charge registered #4
    Lender: The Governor and Company of the Bank of Scotland
  31. 1993-11-29
    🔓
    Charge satisfied #2
  32. 1993-09-28
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  33. 1993-05-12
    🔒
    Charge registered #2
    Lender: Dinar Investments Inc
  34. 1992-09-01
    ➕
    NUHI, Amnon appointed
    director
  35. 1992-09-01
    ➕
    BERRY, Alan Charles appointed
    secretary
  36. 1992-09-01
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  37. 1992-09-01
    ➕
    BERRY, Alan Charles appointed
    director
  38. 1992-09-01
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  39. 1992-08-11
    🏢
    Company incorporated
    As COURTVITAL LIMITED
  40. 1992-08-11
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  41. 1992-08-11
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

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 34 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

81/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 34 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-21

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Joan Stalker
Individual · British · DOB 09/1957 · age 69
25–50%
—25-50% shares01/07/2016
Mr Amnon Nuhi
Individual · British · DOB 11/1958 · age 68
25–50%
—25-50% shares01/07/2016

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

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THE BONHAM HOTEL EDINBURGH LIMITED→
SC118669 · est 1989
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——6537y8369y
OMNI TAVERNS LTD.→
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——8519y8760y
ADJUSTLIGHT LIMITED→
SC139599 · est 1992 · no financials extracted
————33y8358y
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SC272735 · est 2004 · no financials extracted
————21y8379y
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SC357298 · est 2009
——£254.5k—17y8358y
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———039y8376y
MORAG'S LODGES LIMITED→
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————27y8361y
SALTIRE HOSPITALITY LIMITED→
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SCOTS GUARDS ASSOCIATION CLUB, LIMITED→
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————18y8359y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated1992-08-11
Jurisdictionscotland
Primary SIC55209 — Other holiday and other collective accommodation

Registered office

Abercorn School
Newton
Broxburn
West Lothian
EH52 6PZ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-21OVERDUE
Last: 2025-05-07

Officers (3 active · 6 resigned)

STALKER, Joan→
secretary · appointed 2003-07-01
View their other companies + combined net worth →
Active
NUHI, Amnon→
director · ~68y · appointed 1992-09-01
View their other companies + combined net worth →
Active
STALKER, Joan→
director · ~69y · appointed 2003-07-01
View their other companies + combined net worth →
Active
BERRY, Alan Charles→
secretary · appointed 1992-09-01 · resigned 1997-03-27
Resigned
HORSBURGH, Norman→
secretary · appointed 1997-03-27 · resigned 2001-11-30
Resigned
SHERLOCK, Faye→
secretary · appointed 2001-12-01 · resigned 2003-07-03
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1992-08-11 · resigned 1992-09-01
Resigned
BERRY, Alan Charles→
director · ~69y · appointed 1992-09-01 · resigned 2003-07-03
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1992-08-11 · resigned 1992-09-01
Resigned

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

Mortgages & charges

6
Total charges
3
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Bass Brewers
Bass Brewers Limited
Standard security1 property02/09/1996—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property06/08/199605/07/2003
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property18/07/199605/07/2003
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property07/03/1994—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property28/09/1993—
satisfied
Dinar Investments
Dinar Investments Inc
Standard security1 property12/05/199329/11/1993
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (113 total)

change-person-director-company-with-change-date
officers · CH01
2026-03-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-04
change-person-director-company-with-change-date
officers · CH01
2026-03-04
change-person-secretary-company-with-change-date
officers · CH03
2026-03-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-22