KING TUT'S RECORDINGS LIMITED

🌳Matureactive
SC140488 · ltd · incorporated 1992-10-01
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 · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 24.2y old — refinance window within 12 months
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
year to Dec 2024
Net worth
£-2.48M
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Artistic creation
Sector: Arts, entertainment & recreation
ALSO REGISTERED FOR
  • 93290Other amusement and recreation activities n.e.c.
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 77/100 (strong), bankability 80/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 24.2y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 24.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 30/100 — 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, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
15 officers (3 active, 15 linked, 10 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
127 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £2,481,596

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
-£2.5m
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-31
Total assets£-2.48M
Net assets£-2.48M

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
7
filings
  • 3 capital
  • 2 resolution
  • 1 insolvency
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
  1. 2025-12-30
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  2. 2025-12-30
    📄
    legacy
    capital · SH20
  3. 2025-12-30
    ⚠️
    legacy
    insolvency · CAP-SS
  4. 2025-12-30
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2025-12-30
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2025-12-29
    📄
    capital-allotment-shares
    capital · SH01
  7. 2025-12-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-12-19
    DESMOND, Denis James resigned
    director
  9. 2025-09-19
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2024-09-11
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2023-09-15
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2022-09-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2021-10-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  14. 2021-09-14
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2021-02-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2021-02-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2021-02-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2020-08-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2020-08-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2020-03-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  21. 2019-05-16
    LAVELLE, Lynn appointed
    director
  22. 2008-09-05
    THORNTONS LAW LLP appointed
    corporate-secretary
  23. 2008-09-05
    DESMOND, Denis James resigned
    secretary
  24. 2008-04-05
    DESMOND, Caroline Downie resigned
    director
  25. 2002-05-01
    CLUMPAS, Stuart Michael resigned
    director
  26. 2002-04-30
    🔒
    Charge registered #1
    Lender: Bank of Scotland (Ireland) Limited
  27. 2001-07-04
    ELLIS, Geoffrey Charles appointed
    director
  28. 2001-07-04
    CLUMPAS, Stuart Michael resigned
    secretary
  29. 2001-07-04
    DESMOND, Denis James appointed
    secretary
  30. 2001-07-04
    ATKINSON, Judith resigned
    director
  31. 2001-07-04
    DESMOND, Caroline Downie appointed
    director
  32. 2001-07-04
    DESMOND, Denis James appointed
    director
  33. 1994-04-08
    CLUMPAS, Stuart Michael appointed
    secretary
  34. 1994-04-08
    MCKAY, Elena resigned
    secretary
  35. 1994-04-08
    ATKINSON, Judith appointed
    director
  36. 1994-04-08
    CLUMPAS, Stuart Michael appointed
    director
  37. 1994-04-08
    ELLIS, Geoff resigned
    director
  38. 1992-10-22
    ATKINSON, Judith appointed
    director
  39. 1992-10-22
    ATKINSON, Judith resigned
    director
  40. 1992-10-22
    CLUMPAS, Stuart Michael appointed
    director
  41. 1992-10-22
    CLUMPAS, Stuart Michael resigned
    director
  42. 1992-10-02
    MCKAY, Elena appointed
    secretary
  43. 1992-10-02
    ELLIS, Geoff appointed
    director
  44. 1992-10-01
    🏢
    Company incorporated
    As KING TUT'S RECORDINGS LIMITED
  45. 1992-10-01
    REID, Brian appointed
    nominee-secretary
  46. 1992-10-01
    REID, Brian resigned
    nominee-secretary
  47. 1992-10-01
    MABBOTT, Stephen appointed
    nominee-director
  48. 1992-10-01
    MABBOTT, Stephen resigned
    nominee-director

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

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 25 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

76/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 25 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.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-12-30: legacy

Group structure

Df Concerts Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Df Concerts Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
KING TUT'S RECORDINGS LIMITED
This company · SC140488

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Df Concerts Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control30/09/2019
1 historic (ceased) PSC
  • Ln-Gaiety Holdings Limitedceased 30/09/2019· 75-100% shares · 75-100% voting · board control

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

🔒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 →

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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
Incorporated1992-10-01
Jurisdictionscotland
Primary SIC90030 — Artistic creation

Registered office

272 St Vincent Street
Glasgow
G2 5RL
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-15
Last: 2025-10-01

Officers (3 active · 12 resigned)

THORNTONS LAW LLP
corporate-secretary · appointed 2008-09-05
View their other companies + combined net worth →
Active
ELLIS, Geoffrey Charles
director · ~62y · appointed 2001-07-04
View their other companies + combined net worth →
Active
LAVELLE, Lynn
director · ~49y · appointed 2019-05-16
View their other companies + combined net worth →
Active
CLUMPAS, Stuart Michael
secretary · appointed 1994-04-08 · resigned 2001-07-04
Resigned
DESMOND, Denis James
secretary · appointed 2001-07-04 · resigned 2008-09-05
Resigned
MCKAY, Elena
secretary · appointed 1992-10-02 · resigned 1994-04-08
Resigned
REID, Brian
nominee-secretary · appointed 1992-10-01 · resigned 1992-10-01
Resigned
ATKINSON, Judith
director · ~61y · appointed 1994-04-08 · resigned 2001-07-04
Resigned
ATKINSON, Judith
director · ~61y · appointed 1992-10-22 · resigned 1992-10-22
Resigned
CLUMPAS, Stuart Michael
director · ~67y · appointed 1994-04-08 · resigned 2002-05-01
Resigned
CLUMPAS, Stuart Michael
director · ~67y · appointed 1992-10-22 · resigned 1992-10-22
Resigned
DESMOND, Caroline Downie
director · ~65y · appointed 2001-07-04 · resigned 2008-04-05
Resigned
DESMOND, Denis James
director · ~73y · appointed 2001-07-04 · resigned 2025-12-19
Resigned
ELLIS, Geoff
director · ~62y · appointed 1992-10-02 · resigned 1994-04-08
Resigned
MABBOTT, Stephen
nominee-director · ~76y · appointed 1992-10-01 · resigned 1992-10-01
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland (Ireland) Limited
Floating charge1 property30/04/2002
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (127 total)

capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-12-30
legacy
capital · SH20
2025-12-30
legacy
insolvency · CAP-SS
2025-12-30
resolution
resolution · RESOLUTIONS
2025-12-30
resolution
resolution · RESOLUTIONS
2025-12-30
capital-allotment-shares
capital · SH01
2025-12-29
termination-director-company-with-name-termination-date
officers · TM01
2025-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-14
accounts-with-accounts-type-small
accounts · AA
2025-09-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-16
accounts-with-accounts-type-small
accounts · AA
2024-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-02
accounts-with-accounts-type-small
accounts · AA
2023-09-15
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-13
accounts-with-accounts-type-small
accounts · AA
2022-09-16