CORRIEBEN LIMITED

⚰️Wound downdissolved
SC180202 · ltd · incorporated 1997-11-03
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (60/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
8 officers (5 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
64 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

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 (37 events)Click to expand
  1. 2017-11-28
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2017-11-28
    🏁
    Company dissolved
  3. 2017-09-12
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2017-08-31
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2017-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2017-05-19
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  7. 2016-11-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  8. 2015-11-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  9. 2015-10-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2014-11-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2014-10-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2013-11-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2013-10-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2012-11-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2012-11-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2011-11-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2011-11-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2010-11-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2010-11-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2009-12-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2009-11-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2009-11-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2009-11-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2009-11-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  25. 2008-11-11
    📄
    legacy
    annual-return · 363a
  26. 2007-04-13
    AINSLIE, James Thomas Heard resigned
    director
  27. 1998-05-14
    STEVENSON, David Deas appointed
    director
  28. 1998-05-14
    STEVENSON, James Neil appointed
    director
  29. 1998-05-14
    AINSLIE, James Thomas Heard appointed
    director
  30. 1998-02-27
    ELLIOT, John Johnstone appointed
    secretary
  31. 1998-02-27
    BIRRELL, Colin appointed
    director
  32. 1998-02-27
    ELLIOT, John Johnstone appointed
    director
  33. 1998-02-27
    BURNESS SOLICITORS resigned
    corporate-nominee-secretary
  34. 1998-02-27
    WJB (DIRECTORS) LIMITED resigned
    corporate-director
  35. 1997-11-03
    🏢
    Company incorporated
    As CORRIEBEN LIMITED
  36. 1997-11-03
    BURNESS SOLICITORS appointed
    corporate-nominee-secretary
  37. 1997-11-03
    WJB (DIRECTORS) LIMITED appointed
    corporate-director

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 85 — 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 candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 85 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 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 ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2017-11-28

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr John Johnstone Elliot
Individual · British · DOB 08/1947 · age 79
sig. influencesignificant influence03/11/2016

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 →

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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 →
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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.

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Company details

Statusdissolved
Typeltd
Incorporated1997-11-03
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

Ashley Bank House
Langholm
Dumfriesshire
DG13 0AN

Filing status

Accounts
Next due:
Last made up to: 2017-04-24
Confirmation statement
Next due:
Last:

Officers (0 active · 3 resigned)

ELLIOT, John Johnstone
secretary · appointed 1998-02-27
View their other companies + combined net worth →
Active
BIRRELL, Colin
director · ~71y · appointed 1998-02-27
View their other companies + combined net worth →
Active
ELLIOT, John Johnstone
director · ~79y · appointed 1998-02-27
View their other companies + combined net worth →
Active
STEVENSON, David Deas
director · ~85y · appointed 1998-05-14
View their other companies + combined net worth →
Active
STEVENSON, James Neil
director · ~81y · appointed 1998-05-14
View their other companies + combined net worth →
Active
BURNESS SOLICITORS
corporate-nominee-secretary · appointed 1997-11-03 · resigned 1998-02-27
Resigned
AINSLIE, James Thomas Heard
director · ~90y · appointed 1998-05-14 · resigned 2007-04-13
Resigned
WJB (DIRECTORS) LIMITED
corporate-director · appointed 1997-11-03 · resigned 1998-02-27
Resigned

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

Recent filings (64 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2017-11-28
gazette-notice-voluntary
gazette · GAZ1(A)
2017-09-12
dissolution-application-strike-off-company
dissolution · DS01
2017-08-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-08-31
change-account-reference-date-company-previous-extended
accounts · AA01
2017-05-19
confirmation-statement-with-updates
confirmation-statement · CS01
2016-11-03
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-11-01
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-11-05
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-10-03
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-11-04
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-10-24
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-11-04
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-10-10
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-11-12
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-11-09