CORP ARTS LIMITED
💤Zombieactive
SC198668 · ltd · incorporated 1999-08-05
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 Aug 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: strategic trade sale (65/100).
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
7 officers (2 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
81 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-08-31 | 2024-08-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Last 90 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Last 180 days
3
filings
- • 1 accounts
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2026-04-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-12-16➖BUCHANAN, Anne resignedsecretary
- 2025-12-16📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-05-12📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-04-24➕WATSON, Karen Marie appointedsecretary
- 2025-04-24📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-04-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-05-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-04-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-20📄elect-to-keep-the-directors-residential-address-register-information-on-the-public-registerofficers · EH02
- 2023-05-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-06-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-06-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-05-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-05-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-05-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-07-11➖BUCHANAN (SNR), David resigneddirector
- 2018-07-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-04-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2009-08-05➖BUCHANAN, Anne resigneddirector
- 1999-08-05🏢Company incorporatedAs CORP ARTS LIMITED
- 1999-08-05➕BUCHANAN, David appointeddirector
- 1999-08-05➕BUCHANAN, Anne appointedsecretary
- 1999-08-05➕ASHCROFT CAMERON SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1999-08-05➖ASHCROFT CAMERON SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1999-08-05➕BUCHANAN, Anne appointeddirector
- 1999-08-05➕BUCHANAN (SNR), David appointeddirector
- 1999-08-05➕ASHCROFT CAMERON NOMINEES LIMITED appointedcorporate-nominee-director
- 1999-08-05➖ASHCROFT CAMERON NOMINEES LIMITED resignedcorporate-nominee-director
Owner dependency
85/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Buchanan Individual · British · DOB 02/1978 · age 48 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · trust interest · firm interest | 31/05/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| CONNECTED AND COMPLIANT SYSTEMS LTD→ SC882869 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| COORS JANSEN LIMITED→ SC699001 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| COPELAND SOLUTIONS LTD→ SC453532 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| CORKSCREW SOFTWARE LTD→ SC788848 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CORRY IT LIMITED→ SC663926 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| COSMIC CAT LTD→ SC552424 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CRAIG MCKIRDY LIMITED→ SC727281 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CSK IT CONSULTING LIMITED→ SC508838 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| CT BIRD CONSULTANCY SOLUTIONS LTD→ SC866686 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CUSTOM-HTI LTD→ SC809028 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CYBER INCREMENT LTD→ SC727291 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CYBER SENTINEL LTD→ SC740497 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated1999-08-05
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities
Registered office
313 Alderman Road
Glasgow
Lanarkshire
G13 3SL
Scotland
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-05-14
Last: 2026-04-30
Officers (2 active · 5 resigned)
WATSON, Karen Marie→
Activesecretary · appointed 2025-04-24
View their other companies + combined net worth →
BUCHANAN, David→
Activedirector · ~48y · appointed 1999-08-05
View their other companies + combined net worth →
BUCHANAN, Anne→
Resignedsecretary · appointed 1999-08-05 · resigned 2025-12-16
ASHCROFT CAMERON SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1999-08-05 · resigned 1999-08-05
BUCHANAN, Anne→
Resigneddirector · ~91y · appointed 1999-08-05 · resigned 2009-08-05
BUCHANAN (SNR), David→
Resigneddirector · ~92y · appointed 1999-08-05 · resigned 2018-07-11
ASHCROFT CAMERON NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 1999-08-05 · resigned 1999-08-05
Click a director name to see their full track record across all companies.
Recent filings (81 total)
accounts-with-accounts-type-dormant
accounts · AA
2026-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-30
termination-secretary-company-with-name-termination-date
officers · TM02
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-24
change-person-secretary-company-with-change-date
officers · CH03
2025-05-12
appoint-person-secretary-company-with-name-date
officers · AP03
2025-04-24
accounts-with-accounts-type-dormant
accounts · AA
2025-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-13
accounts-with-accounts-type-dormant
accounts · AA
2024-05-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-20
elect-to-keep-the-directors-residential-address-register-information-on-the-public-register
officers · EH02
2024-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-20
accounts-with-accounts-type-dormant
accounts · AA
2023-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-26