CORALCROFT LIMITED

💤Zombieactive

SC205704 · ltd · incorporated 2000-03-31

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 May 2025

Net worth

£132.8k

book net assets

Opportunity

80/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other engineering activities

Sector: Professional, scientific & technical

Investor take

Pursue

Asset-holding vehicle with a 72-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 72). 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: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (75/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (2 active, 4 linked, 1 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

65 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £132,780

Net assets shrinking

Down £4,682 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£133k

↓ 3.4% YoY

Current Assets

£8k

↓ 42% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-05-31	2024-05-31
Total assets	£132.8k	£137.5k
Current assets	£7.5k	£12.9k
Net assets	£132.8k	£137.5k

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2026-01-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-01
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-29
📄
change-person-secretary-company-with-change-date
officers · CH03
2020-07-28
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-07-28
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-07-28
📄
change-person-director-company-with-change-date
officers · CH01
2020-07-28
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-12-02
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-09-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-10-12
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2000-05-25
➕
BATEMAN, Dorothy Ann appointed
secretary
2000-05-25
➕
BATEMAN, Richard Ian appointed
director
2000-05-25
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2000-05-25
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director
2000-03-31
🏢
Company incorporated
As CORALCROFT LIMITED
2000-03-31
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2000-03-31
➕
STEPHEN MABBOTT LTD. 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 72 — 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 72 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.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Richard Ian Bateman Individual · British · DOB 02/1954 · age 72	25–50%	25–50%	25-50% shares · 25-50% voting	14/03/2017
Mrs Dorothy Ann West Bateman Individual · British · DOB 07/1957 · age 69	25–50%	25–50%	25-50% shares · 25-50% voting	14/03/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Professional services · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
C R C SERVICES SCOTLAND LTD→ SC791666 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
C-SUBSEA LIMITED→ SC499649 · est 2015 · no financials extracted	—	—	—	—	11y	—	—
C. THOW LTD→ SC654238 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
CORESTRUCT CONSULT LIMITED→ SC383899 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
CORROSION ASSOCIATES LIMITED→ SC201702 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
COSTAIN UPSTREAM LIMITED→ SC336371 · est 2008 · no financials extracted	—	—	—	—	18y	—	—
COUNTAX SERVICES LIMITED→ SC556566 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
CPM (INVERURIE) LTD→ SC556861 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
CRAIGIAN LIMITED→ SC161694 · est 1995 · no financials extracted	—	—	—	—	30y	—	—
CREEGAN COMMUNICATIONS LTD→ SC712936 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
CREMIN ENGINEERING LTD→ SC613399 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
CRESCENT ENGINEERING SERVICES LTD→ SC765983 · est 2023 · no financials extracted	—	—	—	—	3y	—	—

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 →

🔒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

Incorporated2000-03-31

Jurisdictionscotland

Primary SIC71129 — Other engineering activities

Registered office

3 Prospect Place

Westhill

Aberdeenshire

AB32 6SY

Scotland

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2027-03-28

Last: 2026-03-14

Officers (2 active · 2 resigned)

BATEMAN, Dorothy Ann→

secretary · appointed 2000-05-25

View their other companies + combined net worth →

Active

BATEMAN, Richard Ian→

director · ~72y · appointed 2000-05-25

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2000-03-31 · resigned 2000-05-25

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2000-03-31 · resigned 2000-05-25

Resigned

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