COLSTAR LIMITED
🌳Matureactive
SC148748 · ltd · incorporated 1994-01-31
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 30.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£-4.1k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 78/100 (strong), bankability 70/100. Strong seller-intent signal (63/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 8 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
8 live charges · oldest 30.4y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 30.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
91 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
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £4,060
Cash YoY
+27%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£4k
↑ 27% YoY
Net Worth
-£4k
↓ 160% YoY
Current Assets
£7k
↑ 16% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £-4.1k | £-1.6k |
| Current assets | £6.9k | £6.0k |
| Cash | £4.3k | £3.4k |
| Debtors | £2.6k | £2.6k |
| Net assets | £-4.1k | £-1.6k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2025-12-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-08-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-07📄change-person-director-company-with-change-dateofficers · CH01
- 2022-02-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-02-01➕PHILLIPS, Louisa appointeddirector
- 2021-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-02-03📄change-person-secretary-company-with-change-dateofficers · CH03
- 2017-02-03📄change-person-director-company-with-change-dateofficers · CH01
- 2016-08-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2005-03-04🔒Charge registered #8Lender: The Royal Bank of Scotland PLC
- 2005-03-04🔒Charge registered #7Lender: The Royal Bank of Scotland PLC
- 2004-11-19🔒Charge registered #6Lender: The Royal Bank of Scotland PLC
- 1999-02-18🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 1999-02-18🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 1997-08-21🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 1996-02-05🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1995-12-01🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1995-03-27➕ROSS, Anne appointedsecretary
- 1995-03-27➖LYCIDAS SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1994-02-23➕ROSS, Anne appointeddirector
- 1994-02-23➕ROSS, Stewart appointeddirector
- 1994-02-23➖LYCIDAS NOMINEES LIMITED resignedcorporate-nominee-director
- 1994-01-31🏢Company incorporatedAs COLSTAR LIMITED
- 1994-01-31➕LYCIDAS SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1994-01-31➕LYCIDAS NOMINEES LIMITED appointedcorporate-nominee-director
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 74 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 32 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 low8 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stewart Ross Individual · British · DOB 07/1952 · age 74 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
Mrs Anne Ross Individual · British · DOB 12/1954 · age 72 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
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 →Similar companies
Active · Hospitality · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DENOVAN VILLAGE LIMITED→ SC494616 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| DESI TWIST LTD→ SC855528 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DEVONVALE BUILDING COMPANY (TILLICOULTRY) LIMITED→ SC097808 · est 1986 · no financials extracted | — | — | — | — | 40y | — | — |
| DFM HOLDING (SCOTLAND) LTD→ SC861566 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DOWLEY ENTERPRISES LTD→ SC678228 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| DRAFF LIMITED→ SC582115 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| DUNDAS FOODS CO LTD→ SC785574 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DWW BARS LTD→ SC870708 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| EASDALE EXPERIENCES LTD.→ SC499951 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| EDINBURGH (ROYAL MILE) HOLIDAY LETS LIMITED→ SC604174 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| EHG ASSETS LTD→ SC666978 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| EHG HOTEL LTD→ SC666980 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated1994-01-31
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation
Registered office
5 Comely Park Gardens
Falkirk
FK1 1QU
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-02-14
Last: 2026-01-31
Officers (4 active · 2 resigned)
Active
PHILLIPS, Louisa→
Activedirector · ~46y · appointed 2022-02-01
View their other companies + combined net worth →
Active
ROSS, Stewart→
Activedirector · ~74y · appointed 1994-02-23
View their other companies + combined net worth →
LYCIDAS SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1994-01-31 · resigned 1995-03-27
LYCIDAS NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 1994-01-31 · resigned 1994-02-23
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
8
Outstanding
1
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 04/03/2005 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 04/03/2005 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 19/11/2004 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 18/02/1999 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 18/02/1999 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 21/08/1997 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 05/02/1996 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 01/12/1995 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (91 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-16
change-person-director-company-with-change-date
officers · CH01
2022-02-07
appoint-person-director-company-with-name-date
officers · AP01
2022-02-07
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-31