CORNERSTONE HOUSE LIMITED
💤Zombieactive
SC325582 · ltd · incorporated 2007-06-15
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 Dec 2024
Net worth
£88.7k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
ALSO REGISTERED FOR
- 56210Event catering activities
Investor take
PursueAsset-holding vehicle with a 69-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (83/100, director aged 69). 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 (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 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 (1 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
58 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £88,744
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£89k
↑ 214% YoY
Current Assets
£2k
↓ 48% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £55.3k | £-43.4k |
| Current assets | £2.5k | £4.8k |
| Cash | — | £3.6k |
| Debtors | — | £80 |
| Net assets | £88.7k | £-77.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
4
filings
- • 2 persons-with-significant-control
- • 2 officers
Last 180 days
4
filings
- • 2 persons-with-significant-control
- • 2 officers
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2026-03-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-02-25📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2026-02-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-17➖MAXWELL, Robert William resignedsecretary
- 2026-02-17➖MAXWELL, Robert William resigneddirector
- 2025-09-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-05-31➖WRAY, Lesleyanne resigneddirector
- 2019-09-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-06-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-04-25📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2017-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-07-20📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2013-01-05➖MCNEILL, Jeanette resignedsecretary
- 2013-01-05➖MCNEILL, Jeanette resigneddirector
- 2008-06-01➕MCNEILL, Jeanette appointedsecretary
- 2008-06-01➕MAXWELL, Robert William appointeddirector
- 2008-06-01➕MCNEILL, Jeanette appointeddirector
- 2007-06-15🏢Company incorporatedAs CORNERSTONE HOUSE LIMITED
- 2007-06-15➕WELSH, Alan Hugh appointeddirector
- 2007-06-15➕MAXWELL, Robert William appointedsecretary
- 2007-06-15➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2007-06-15➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2007-06-15➕WRAY, Lesleyanne appointeddirector
Owner dependency
100/100
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 19 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
88/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 19 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
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: MAXWELL, Robert William resigned 2026-02-17; MAXWELL, Robert William resigned 2026-02-17
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alan Hugh Welsh Individual · British · DOB 08/1957 · age 69 | — | — | sig. influencesignificant influence | 01/03/2026 |
1 historic (ceased) PSC
- Mr Robert Taggartceased 18/02/2026· 75-100% shares
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| TEA TIME LANARK LIMITED→ SC858343 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TEMPORARY EUPHORIA LTD→ SC866649 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TERANO SERVICES LTD→ SC872304 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TERLIN LTD→ SC882252 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| TG GUANG LIMITED→ SC844448 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| THAI CHAI LTD→ SC803222 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| THANH NGAN LIMITED→ SC757542 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| THE ASANTE'S AFRICAN FOODS SUPPLY LTD→ SC595998 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| THE ASIAN CHINESE LIMITED→ SC825556 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| THE BALMORE (GLASGOW) LTD→ SC561715 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| THE BEEF TEA BOTHY LTD→ SC871804 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| THE BEN RESTAURANT AND BAR LTD→ SC743968 · est 2022 · 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
Incorporated2007-06-15
Jurisdictionscotland
Primary SIC56102 — Unlicenced restaurants and cafes
Registered office
1 Esk Walk
Cumbernauld
Glasgow
G67 1BZ
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-29
Last: 2025-06-15
Officers (1 active · 6 resigned)
WELSH, Alan Hugh→
Activedirector · ~69y · appointed 2007-06-15
View their other companies + combined net worth →
MAXWELL, Robert William→
Resignedsecretary · appointed 2007-06-15 · resigned 2026-02-17
MCNEILL, Jeanette→
Resignedsecretary · appointed 2008-06-01 · resigned 2013-01-05
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2007-06-15 · resigned 2007-06-15
MAXWELL, Robert William→
Resigneddirector · ~79y · appointed 2008-06-01 · resigned 2026-02-17
MCNEILL, Jeanette→
Resigneddirector · ~85y · appointed 2008-06-01 · resigned 2013-01-05
WRAY, Lesleyanne→
Resigneddirector · ~59y · appointed 2007-06-15 · resigned 2020-05-31
Click a director name to see their full track record across all companies.
Recent filings (58 total)
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-06
termination-secretary-company-with-name-termination-date
officers · TM02
2026-02-25
termination-director-company-with-name-termination-date
officers · TM01
2026-02-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-20
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-30