CORRIEBEN LIMITED
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.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (37 events)Click to expand
- 2017-11-28📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2017-11-28🏁Company dissolved
- 2017-09-12📄gazette-notice-voluntarygazette · GAZ1(A)
- 2017-08-31📄dissolution-application-strike-off-companydissolution · DS01
- 2017-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-05-19📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2016-11-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-10-03📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-11-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-10-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-11-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-10-10📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-11-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-11-09📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-11-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-11-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-11-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-11-18📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-12-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-11-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-11-09📄change-person-director-company-with-change-dateofficers · CH01
- 2009-11-09📄change-person-director-company-with-change-dateofficers · CH01
- 2009-11-09📄change-person-director-company-with-change-dateofficers · CH01
- 2008-11-11📄legacyannual-return · 363a
- 2007-04-13➖AINSLIE, James Thomas Heard resigneddirector
- 1998-05-14➕STEVENSON, David Deas appointeddirector
- 1998-05-14➕STEVENSON, James Neil appointeddirector
- 1998-05-14➕AINSLIE, James Thomas Heard appointeddirector
- 1998-02-27➕ELLIOT, John Johnstone appointedsecretary
- 1998-02-27➕BIRRELL, Colin appointeddirector
- 1998-02-27➕ELLIOT, John Johnstone appointeddirector
- 1998-02-27➖BURNESS SOLICITORS resignedcorporate-nominee-secretary
- 1998-02-27➖WJB (DIRECTORS) LIMITED resignedcorporate-director
- 1997-11-03🏢Company incorporatedAs CORRIEBEN LIMITED
- 1997-11-03➕BURNESS SOLICITORS appointedcorporate-nominee-secretary
- 1997-11-03➕WJB (DIRECTORS) LIMITED appointedcorporate-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- -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
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- 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 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Johnstone Elliot Individual · British · DOB 08/1947 · age 79 | — | — | sig. influencesignificant influence | 03/11/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (0 active · 3 resigned)
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