C B & T LIMITED

💤Zombieactive
SC184828 · ltd · incorporated 1998-04-15
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 Apr 2025
Net worth
£-16.2k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: SIC 45310
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
76 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £16,189
Net assets shrinking
Down £30,005 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£16k
↓ 217% YoY
Current Assets
£16k
↓ 73% YoY
Current Liabilities
-£16k-£725£15k£30k£46k£61kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-04-302024-04-30
Total assets£-14.2k£13.8k
Current assets£16.3k£61.1k
Net assets£-16.2k£13.8k

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-03-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-12-21
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  5. 2023-02-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-01-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-03-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-01-31
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2018-08-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-12-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-04-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2017-04-03
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  14. 2017-01-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-04-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-04-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 1998-04-22
    RUSSELL, Jan appointed
    secretary
  18. 1998-04-22
    RUSSELL, Allan appointed
    director
  19. 1998-04-22
    REID, Brian resigned
    nominee-secretary
  20. 1998-04-22
    MABBOTT, Stephen resigned
    nominee-director
  21. 1998-04-15
    🏢
    Company incorporated
    As C B & T LIMITED
  22. 1998-04-15
    REID, Brian appointed
    nominee-secretary
  23. 1998-04-15
    MABBOTT, Stephen appointed
    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.
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

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 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 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.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-16

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Allan Russell
Individual · British · DOB 01/1960 · age 66
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

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

9 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
Incorporated1998-04-15
Jurisdictionscotland
Primary SIC45310 — SIC 45310

Registered office

The Kelvin Partnership
505 Great Western Road
Glasgow
G12 8HN
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-04-16OVERDUE
Last: 2025-04-02

Officers (2 active · 2 resigned)

RUSSELL, Jan
secretary · appointed 1998-04-22
View their other companies + combined net worth →
Active
RUSSELL, Allan
director · ~66y · appointed 1998-04-22
View their other companies + combined net worth →
Active
REID, Brian
nominee-secretary · appointed 1998-04-15 · resigned 1998-04-22
Resigned
MABBOTT, Stephen
nominee-director · ~76y · appointed 1998-04-15 · resigned 1998-04-22
Resigned

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

Recent filings (76 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-30
change-account-reference-date-company-previous-extended
accounts · AA01
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-06
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-20
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-16
change-account-reference-date-company-previous-shortened
accounts · AA01
2020-01-31