CHISHOLM'S RECOVERY SPECIALISTS LIMITED

💤Zombieactive
SC251410 · ltd · incorporated 2003-06-19
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Active trading company with a 62-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 62). 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).

🏦

Refinance opportunity

3 live charges · oldest 21.2y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 21.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 1 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£123k£246k£370k£493k£616kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31
Total assets—£1.17M
Current assets—£589.3k
Cash—£269.7k
Debtors—£319.6k
Net assets—£616.0k
Average employees500—

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-31
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2023-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-07-25
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  6. 2022-05-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-06-01
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  8. 2021-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-10-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-04-15
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2018-05-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2018-04-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2018-03-14
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  14. 2017-09-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2017-09-12
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2017-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2016-07-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2014-10-27
    🔓
    Charge satisfied #1
  19. 2013-07-29
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  20. 2005-03-30
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  21. 2003-06-19
    🏢
    Company incorporated
    As CHISHOLM'S RECOVERY SPECIALISTS LIMITED
  22. 2003-06-19
    ➕
    CHISHOLM, Louise Barbara-Anne appointed
    secretary
  23. 2003-06-19
    ➕
    CHISHOLM, Michael Stewart appointed
    director
  24. 2003-06-19
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  25. 2003-06-19
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

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.
  • +Founder name in company name: Company name contains director surname "CHISHOLM" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Michael Stewart Chisholm
Individual · British · DOB 11/1964 · age 62
50–75%
—50-75% shares01/11/2017

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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——20075y8464y
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——5811y8562y
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SC274347 · est 2004 · no financials extracted
————21y8379y
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———210033y8374y
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——£2.54M—17y8378y
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————16y8384y
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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
Incorporated2003-06-19
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

The Control Centre
West Quarry Industrial Estate
Ballachulish
Argyll
PH49 4JP

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-06-02
Last: 2025-05-19

Officers (2 active · 1 resigned)

CHISHOLM, Louise Barbara-Anne→
secretary · appointed 2003-06-19
View their other companies + combined net worth →
Active
CHISHOLM, Michael Stewart→
director · ~62y · appointed 2003-06-19
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2003-06-19 · resigned 2003-06-19
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—25/07/2023—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property29/07/2013—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property30/03/200527/10/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (61 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-07-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-23
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2021-06-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-09