CATER CORPORATION LIMITED
💤Zombieactive
SC353009 · ltd · incorporated 2009-01-05
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 Jan 2025
Net worth
£1.15M
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 10 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
24 live charges · 10 lenders · oldest 13.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 13.5 years old — likely at or near maturity.
- · 10 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
24 charges (24/24 with lender, 24/24 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
99 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,150,411
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£1.2m
~ YoY
Current Assets
£797k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £2.61M | £2.65M |
| Current assets | £796.8k | £791.4k |
| Cash | — | £10.3k |
| Debtors | — | £781.1k |
| Net assets | £1.15M | £1.15M |
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
0
filings
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (75 events)Click to expand
- 2025-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-22📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-01-17📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2024-12-31📄gazette-notice-compulsorygazette · GAZ1
- 2024-09-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-01➖CHOI, Yin Jye resigneddirector
- 2022-12-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-29🔒Charge registered #24Lender: Grace Maria Yule
- 2022-11-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-14🔓Charge satisfied #14
- 2022-11-14🔓Charge satisfied #10
- 2022-11-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-04🔒Charge registered #23Lender: Cambridge & Counties Bank Limited
- 2022-11-04🔒Charge registered #22Lender: Cambridge & Counties Bank Limited
- 2022-11-04🔒Charge registered #21Lender: Cambridge & Counties Bank Limited
- 2022-11-04🔒Charge registered #20Lender: Cambridge & Counties Bank Limited
- 2022-11-04🔒Charge registered #19Lender: Cambridge & Counties Bank Limited
- 2022-11-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-02🔓Charge satisfied #16
- 2022-11-02🔓Charge satisfied #15
- 2022-11-02🔓Charge satisfied #12
- 2022-10-31🔒Charge registered #18Lender: Cambridge & Counties Bank Limited
- 2022-08-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-08-02🔒Charge registered #17Lender: Grace Maria Yule
- 2021-10-08🔓Charge satisfied #11
- 2021-01-06🔒Charge registered #16Lender: Residential Loans LTD
- 2020-12-14🔒Charge registered #15Lender: Residential Loans LTD
- 2019-05-15🔓Charge satisfied #9
- 2019-05-10🔒Charge registered #14Lender: Together Commercial Finance Limited
- 2019-04-17🔒Charge registered #13Lender: Shawbrook Bank Limited
- 2018-11-12➕CHOI, Yin Jye appointeddirector
- 2017-03-09🔒Charge registered #12Lender: Residential Loans Limited
- 2016-10-04🔒Charge registered #11Lender: Lancashire Mortgage Corporation Limited
- 2016-07-19🔓Charge satisfied #7
- 2016-06-23🔒Charge registered #10Lender: Lancashire Mortgage Corporation Limited
- 2016-02-24🔒Charge registered #9Lender: Residential Loans Limited
- 2016-02-17🔓Charge satisfied #5
- 2016-02-17🔓Charge satisfied #3
- 2016-02-17🔓Charge satisfied #2
Showing most recent 50 of 75 events
Owner dependency
85/100
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 16 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 17 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 · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
10 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Pei Chin Kam Individual · British · DOB 01/1978 · age 48 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control · trust interest · firm interest | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CASTLEWOOD PARK LIMITED→ SC267888 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| CLR SERVICE AND SALES LTD→ SC544828 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CMDM LEASING LTD→ SC736643 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CONCORDE BRITANNIA ABERDEEN LIMITED→ SC884412 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| COOK HOMES ABERDEENSHIRE LIMITED→ SC877863 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| COOPS ESTATES LTD→ SC865556 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CORMACK PROPERTY INVESTMENT LTD→ SC878617 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| COULL PROPERTY LTD→ SC736755 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| COUNSELLING SPACE SCOTLAND LTD→ SC617733 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| COUNTESS PROPERTY GROUP LTD→ SC875602 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| COWEN PROPERTY PARTNERS LTD→ SC495231 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| COWIE PARK LTD→ SC694096 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2009-01-05
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
55 Springbank Terrace
Aberdeen
AB11 6JZ
Scotland
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-29
Last: 2026-01-15
Officers (1 active · 7 resigned)
KAM, Pei Chin→
Activedirector · ~48y · appointed 2010-01-01
View their other companies + combined net worth →
CHOI, Yin Jye→
Resignedsecretary · appointed 2009-01-05 · resigned 2009-01-31
OON, Chye Kok→
Resignedsecretary · appointed 2009-03-20 · resigned 2010-01-01
TSANG, On Ming→
Resignedsecretary · appointed 2009-02-01 · resigned 2009-03-20
CHOI, Yin Jye→
Resigneddirector · ~51y · appointed 2018-11-12 · resigned 2023-01-01
CHOI, Yin Jye→
Resigneddirector · ~51y · appointed 2009-01-05 · resigned 2009-01-31
OON, Chye Kok→
Resigneddirector · ~57y · appointed 2009-03-20 · resigned 2010-01-01
TSANG, On Ming→
Resigneddirector · ~51y · appointed 2009-02-01 · resigned 2009-03-20
Click a director name to see their full track record across all companies.
Mortgages & charges
24
Total charges
10
Outstanding
3
Active lenders
Status:Lender:24 of 24 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Grace Maria Yule | A registered charge | 1 property | 29/11/2022 | — | |
| outstanding | Cambridge & Counties Cambridge & Counties Bank Limited | A registered charge | 1 property | 04/11/2022 | — | |
| outstanding | Cambridge & Counties Cambridge & Counties Bank Limited | A registered charge | 1 property | 04/11/2022 | — | |
| outstanding | Cambridge & Counties Cambridge & Counties Bank Limited | A registered charge | 1 property | 04/11/2022 | — | |
| outstanding | Cambridge & Counties Cambridge & Counties Bank Limited | A registered charge | 1 property | 04/11/2022 | — | |
| outstanding | Cambridge & Counties Cambridge & Counties Bank Limited | A registered charge | 1 property | 04/11/2022 | — | |
| outstanding | Cambridge & Counties Cambridge & Counties Bank Limited | A registered charge | — | 31/10/2022 | — | |
| outstanding | Grace Maria Yule | A registered charge | 1 property | 02/08/2022 | — | |
| satisfied | Residential Loans Residential Loans LTD | A registered charge | 1 property | 06/01/2021 | 02/11/2022 | |
| satisfied | Residential Loans Residential Loans LTD | A registered charge | 1 property | 14/12/2020 | 02/11/2022 | |
| satisfied | Together Money Together Commercial Finance Limited | A registered charge | 2 properties | 10/05/2019 | 14/11/2022 | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 1 property | 17/04/2019 | — | |
| satisfied | Residential Loans Residential Loans Limited | A registered charge | 1 property | 09/03/2017 | 02/11/2022 | |
| satisfied | Lancashire Mortgage Corporation Lancashire Mortgage Corporation Limited | A registered charge | 1 property | 04/10/2016 | 08/10/2021 | |
| satisfied | Lancashire Mortgage Corporation Lancashire Mortgage Corporation Limited | A registered charge | 1 property | 23/06/2016 | 14/11/2022 | |
| satisfied | Residential Loans Residential Loans Limited | A registered charge | 1 property | 24/02/2016 | 15/05/2019 | |
| outstanding | Shawbrook Shawbrook Corporation Limited | A registered charge | 1 property | 17/12/2015 | — | |
| satisfied | Residential Loans Residential Loans Limited | A registered charge | 1 property | 23/12/2014 | 19/07/2016 | |
| satisfied | Harpmanor Harpmanor Limited | A registered charge | 1 property | 24/09/2014 | 21/12/2015 | |
| satisfied | Harpmanor Harpmanor Limited | Standard security | 1 property | 27/03/2013 | 17/02/2016 | |
| satisfied | Harpmanor Harpmanor Limited | Standard security | 1 property | 27/03/2013 | 17/02/2016 | |
| satisfied | Harpmanor Harpmanor Limited | Bond & floating charge | 1 property | 07/03/2013 | 21/12/2015 | |
| satisfied | Bridging Loans Bridging Loans Limited | Standard security | 1 property | 26/11/2012 | 17/02/2016 | |
| satisfied | Bridging Loans Bridging Loans Limited | Standard security | 1 property | 13/11/2012 | 17/02/2016 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (99 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-09
gazette-filings-brought-up-to-date
gazette · DISS40
2025-02-22
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-01-17
gazette-notice-compulsory
gazette · GAZ1
2024-12-31
termination-director-company-with-name-termination-date
officers · TM01
2024-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-12-01
mortgage-satisfy-charge-full
mortgage · MR04
2022-11-14
mortgage-satisfy-charge-full
mortgage · MR04
2022-11-14