CORRIES SOLICITORS (SCOTLAND) LIMITED
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: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Average employees | 200 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (28 events)Click to expand
- 2025-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-17➖CORRIE, Bruce Alan resigneddirector
- 2023-08-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-05-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-12➕WARE, Gareth appointedsecretary
- 2018-06-12➖FORBES, Sharon resignedsecretary
- 2018-06-12📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2018-06-12📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2018-06-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-06-07📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-04-06📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-10-09➖JACKSON, Mhairi resigneddirector
- 2006-08-31➕JACKSON, Mhairi appointeddirector
- 2006-08-30➕CORRIE, Bruce Alan appointeddirector
- 2006-03-31🏢Company incorporatedAs CORRIES SOLICITORS (SCOTLAND) LIMITED
- 2006-03-31➕WARE, Gareth appointeddirector
- 2006-03-31➕FORBES, Sharon appointedsecretary
- 2006-03-31➕YORK PLACE COMPANY SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2006-03-31➖YORK PLACE COMPANY SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2006-03-31➕YORK PLACE COMPANY NOMINEES LIMITED appointedcorporate-nominee-director
- 2006-03-31➖YORK PLACE COMPANY NOMINEES LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 20 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
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gareth Ware Individual · British · DOB 02/1971 · age 55 | — | — | sig. influencesignificant influence | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (2 active · 5 resigned)
Click a director name to see their full track record across all companies.