CUNNINGHAM AUDIO PRODUCTIONS LIMITED

💤Zombieactive
SC144705 · ltd · incorporated 1993-06-02
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 Nov 2024
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Performing arts
Sector: Arts, entertainment & recreation
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 32.8y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 32.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 3 with DOB)
79
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
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red 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£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30

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

🔒Filing-note intelligence

2 signals 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
0
filings
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-08-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-30
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  3. 2025-05-29
    ➖
    SKINNER, Jane resigned
    secretary
  4. 2024-08-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-08-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-11-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-08-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-08-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-08-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-06-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-07-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-05-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-08-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2014-05-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2005-04-01
    ➖
    NICHOLSON, Therese Christine resigned
    secretary
  19. 2005-04-01
    ➕
    SKINNER, Jane appointed
    secretary
  20. 2004-09-30
    ➖
    CUNNINGHAM, Donna Isobel resigned
    secretary
  21. 2004-09-30
    ➕
    NICHOLSON, Therese Christine appointed
    secretary
  22. 2004-09-30
    ➖
    CUNNINGHAM, Donna Isobel resigned
    director
  23. 1993-10-28
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  24. 1993-07-12
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  25. 1993-06-28
    ➕
    CUNNINGHAM, Donna Isobel appointed
    director
  26. 1993-06-02
    🏢
    Company incorporated
    As CUNNINGHAM AUDIO PRODUCTIONS LIMITED
  27. 1993-06-02
    ➕
    CUNNINGHAM, Philip Martin appointed
    director
  28. 1993-06-02
    ➕
    CUNNINGHAM, Donna Isobel appointed
    secretary
  29. 1993-06-02
    ➕
    REID, Brian appointed
    nominee-secretary
  30. 1993-06-02
    ➖
    REID, Brian resigned
    nominee-secretary
  31. 1993-06-02
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  32. 1993-06-02
    ➖
    MABBOTT, Stephen resigned
    nominee-director

Owner dependency

100/100
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.
  • +Founder name in company name: Company name contains director surname "CUNNINGHAM" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

95/100
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 66. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 33 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

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
NameSharesVoting rightsNature of controlNotified
Mr Philip Martin Cunningham
Individual · British · DOB 01/1960 · age 66
25–50%
—25-50% shares06/04/2016

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

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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
Typeltd
Incorporated1993-06-02
Jurisdictionscotland
Primary SIC90010 — Performing arts

Registered office

Chapel Acre
Dundas Castle Estate
South Queensferry
West Lothian
EH30 9SP

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-05-04
Last: 2025-04-20

Officers (1 active · 6 resigned)

CUNNINGHAM, Philip Martin→
director · ~66y · appointed 1993-06-02
View their other companies + combined net worth →
Active
CUNNINGHAM, Donna Isobel→
secretary · appointed 1993-06-02 · resigned 2004-09-30
Resigned
NICHOLSON, Therese Christine→
secretary · appointed 2004-09-30 · resigned 2005-04-01
Resigned
REID, Brian→
nominee-secretary · appointed 1993-06-02 · resigned 1993-06-02
Resigned
SKINNER, Jane→
secretary · appointed 2005-04-01 · resigned 2025-05-29
Resigned
CUNNINGHAM, Donna Isobel→
director · ~73y · appointed 1993-06-28 · resigned 2004-09-30
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1993-06-02 · resigned 1993-06-02
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property28/10/1993—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property12/07/1993—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (94 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-18
termination-secretary-company-with-name-termination-date
officers · TM02
2025-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-02