CORRIE RECRUITMENT LIMITED

🌳Matureactive
SC410645 · ltd · incorporated 2011-11-04
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£859.2k
book net assets
Opportunity
80/100
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
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 13.2y

30/100
under pressure

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

  • · Oldest live charge is 13.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
9 officers (2 active, 9 linked, 7 with DOB)
86
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
69 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £859,177
Cash YoY
-30%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£19k
↓ 30% YoY
Net Worth
£859k
↑ 9.9% YoY
Current Assets
£1.9m
↑ 11% YoY
Current Liabilities
—
£0£380k£760k£1.1m£1.5m£1.9mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£986.8k£985.7k
Current assets£1.90M£1.71M
Cash£19.0k£27.1k
Debtors£1.88M£1.68M
Net assets£859.2k£781.9k

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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-11-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2022-11-25
    🔒
    Charge registered #3
    Lender: Hsbc UK Bank PLC
  7. 2022-11-08
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  8. 2022-11-08
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  9. 2021-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-11-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  11. 2021-02-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-10-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2018-10-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2018-08-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2018-08-30
    ➖
    MILLER, David Calum resigned
    director
  17. 2018-08-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-08-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2018-07-30
    🔒
    Charge registered #2
    Lender: Hsbc UK Bank PLC
  20. 2018-07-25
    ➕
    GORDON, Susan appointed
    director
  21. 2018-07-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2014-06-20
    ➖
    DFS MANAGEMENT LIMITED resigned
    corporate-secretary
  23. 2014-06-20
    ➕
    MILLER, David Calum appointed
    director
  24. 2014-06-20
    ➖
    PATERSON, Kenneth John resigned
    director
  25. 2014-06-20
    ➖
    SUTHERLAND, David Fraser resigned
    director
  26. 2013-01-28
    🔒
    Charge registered #1
    Lender: Hsbc Invoice Finance (UK) Limited
  27. 2012-10-25
    ➖
    EVANS, Glyn Andrew resigned
    director
  28. 2012-10-10
    ➖
    SUTHERLAND, Caroline Anne resigned
    secretary
  29. 2012-10-10
    ➕
    DFS MANAGEMENT LIMITED appointed
    corporate-secretary
  30. 2012-04-06
    ➕
    SUTHERLAND, Caroline Anne appointed
    secretary
  31. 2012-04-06
    ➕
    EVANS, Glyn Andrew appointed
    director
  32. 2012-04-06
    ➕
    PATERSON, Kenneth John appointed
    director
  33. 2012-04-06
    ➕
    SUTHERLAND, David Fraser appointed
    director
  34. 2011-11-04
    🏢
    Company incorporated
    As CORRIE RECRUITMENT LIMITED
  35. 2011-11-04
    ➕
    GORDON, Gavin Sinclair appointed
    director
  36. 2011-11-04
    ➕
    MABBOTT, Stephen George appointed
    director
  37. 2011-11-04
    ➖
    MABBOTT, Stephen George resigned
    director

Owner dependency

74/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

59/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 14 years.
  • 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.)

Group structure

Corrie Recruitment (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Corrie Recruitment (Holdings) Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
CORRIE RECRUITMENT LIMITED
This company · SC410645

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Corrie Recruitment (Holdings) Limited
Corporate entity
75–100%
—75-100% shares30/08/2018
1 historic (ceased) PSC
  • Karse Limitedceased 30/08/2018· 50-75% shares · firm interest

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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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
Incorporated2011-11-04
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

24 Carsegate Road
Inverness
IV3 8EX

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-10
Last: 2025-10-27

Officers (2 active · 7 resigned)

GORDON, Gavin Sinclair→
director · ~61y · appointed 2011-11-04
View their other companies + combined net worth →
Active
GORDON, Susan→
director · ~61y · appointed 2018-07-25
View their other companies + combined net worth →
Active
SUTHERLAND, Caroline Anne→
secretary · appointed 2012-04-06 · resigned 2012-10-10
Resigned
DFS MANAGEMENT LIMITED→
corporate-secretary · appointed 2012-10-10 · resigned 2014-06-20
Resigned
EVANS, Glyn Andrew→
director · ~50y · appointed 2012-04-06 · resigned 2012-10-25
Resigned
MABBOTT, Stephen George→
director · ~76y · appointed 2011-11-04 · resigned 2011-11-04
Resigned
MILLER, David Calum→
director · ~63y · appointed 2014-06-20 · resigned 2018-08-30
Resigned
PATERSON, Kenneth John→
director · ~59y · appointed 2012-04-06 · resigned 2014-06-20
Resigned
SUTHERLAND, David Fraser→
director · ~77y · appointed 2012-04-06 · resigned 2014-06-20
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge3 properties25/11/2022—
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property30/07/2018—
outstanding
HSBC
Hsbc Invoice Finance (UK) Limited
Floating charge1 property28/01/2013—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (69 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-28
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2022-11-08
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2022-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2021-11-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-04