CORALSWEEP LIMITED

🚨Distressedactive
SC202005 · ltd · incorporated 1999-12-01
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
Upgrade to see
Turnover
year to May 2024
Net worth
£-46.8k
book net assets
Opportunity
62/100
Worth a look
🔔
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What this business does
Primary activity: Hairdressing and other beauty treatment
Sector: Other service activities
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 45/100. Strong seller-intent signal (78/100, director aged 84). Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (68/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £46,804

Key financials

1 year extracted from filed iXBRL accounts
Cash
£6k
Net Worth
-£47k
Current Assets
£9k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-05-27
Total assets£-46.8k
Current assets£9.0k
Cash£5.6k
Debtors£2.8k
Net assets£-46.8k

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 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-02-25
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  2. 2025-05-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2025-02-14
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  4. 2024-08-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2024-05-21
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2024-02-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  7. 2023-05-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2023-02-21
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2022-05-11
    MURRAY, Patricia resigned
    secretary
  10. 2022-05-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2022-04-27
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2022-04-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2022-02-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2021-05-18
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2020-02-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2019-02-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  17. 2018-02-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  18. 2017-02-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2000-01-12
    MURRAY, Graham Francis appointed
    director
  20. 2000-01-12
    MURRAY, Patricia appointed
    secretary
  21. 2000-01-12
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  22. 2000-01-12
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  23. 1999-12-01
    🏢
    Company incorporated
    As CORALSWEEP LIMITED
  24. 1999-12-01
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  25. 1999-12-01
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-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 26 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 84 — succession pressure is live.

Succession & seller-readiness

100/100
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 84 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 26 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-02-27

Confirmation statement overdue
high

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

Evidence: Next due: 2026-02-22

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Graham Francis Murray
Individual · British · DOB 08/1942 · age 84
75100%
75–100%75-100% shares · 75-100% voting30/04/2016

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

11 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
Incorporated1999-12-01
Jurisdictionscotland
Primary SIC96020 — Hairdressing and other beauty treatment

Registered office

77 Sandielands Avenue Hazelwood
Erskine
Renfrewshire
PA8 7BS

Filing status

Accounts
Next due: 2026-02-27OVERDUE
Last made up to: 2024-05-27
Confirmation statement
Next due: 2026-02-22OVERDUE
Last: 2025-02-08

Officers (1 active · 3 resigned)

MURRAY, Graham Francis
director · ~84y · appointed 2000-01-12
View their other companies + combined net worth →
Active
MURRAY, Patricia
secretary · appointed 2000-01-12 · resigned 2022-05-11
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 1999-12-01 · resigned 2000-01-12
Resigned
JORDANS (SCOTLAND) LIMITED
corporate-nominee-director · appointed 1999-12-01 · resigned 2000-01-12
Resigned

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

Recent filings (70 total)

change-account-reference-date-company-current-extended
accounts · AA01
2026-02-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-19
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-02-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-08-21
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-02-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-05-19
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-11
termination-secretary-company-with-name-termination-date
officers · TM02
2022-05-11
gazette-filings-brought-up-to-date
gazette · DISS40
2022-04-27
gazette-notice-compulsory
gazette · GAZ1
2022-04-26