CORRIE RECRUITMENT LIMITED
- · Thesis: well-run, low negotiation leverage
No material changes in the last 30 days.
No snapshot from 90 days ago — start tracking from today.
No snapshot from 180 days ago — start tracking from today.
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 13.4y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 13.4 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.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| 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.
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
Corporate timeline (37 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-25🔒Charge registered #3Lender: Hsbc UK Bank PLC
- 2022-11-08📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2022-11-08📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2021-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2021-02-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-10-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2018-08-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-08-30➖MILLER, David Calum resigneddirector
- 2018-08-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-07-30🔒Charge registered #2Lender: Hsbc UK Bank PLC
- 2018-07-25➕GORDON, Susan appointeddirector
- 2018-07-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2014-06-20➖DFS MANAGEMENT LIMITED resignedcorporate-secretary
- 2014-06-20➕MILLER, David Calum appointeddirector
- 2014-06-20➖PATERSON, Kenneth John resigneddirector
- 2014-06-20➖SUTHERLAND, David Fraser resigneddirector
- 2013-01-28🔒Charge registered #1Lender: Hsbc Invoice Finance (UK) Limited
- 2012-10-25➖EVANS, Glyn Andrew resigneddirector
- 2012-10-10➖SUTHERLAND, Caroline Anne resignedsecretary
- 2012-10-10➕DFS MANAGEMENT LIMITED appointedcorporate-secretary
- 2012-04-06➕SUTHERLAND, Caroline Anne appointedsecretary
- 2012-04-06➕EVANS, Glyn Andrew appointeddirector
- 2012-04-06➕PATERSON, Kenneth John appointeddirector
- 2012-04-06➕SUTHERLAND, David Fraser appointeddirector
- 2011-11-04🏢Company incorporatedAs CORRIE RECRUITMENT LIMITED
- 2011-11-04➕GORDON, Gavin Sinclair appointeddirector
- 2011-11-04➕MABBOTT, Stephen George appointeddirector
- 2011-11-04➖MABBOTT, Stephen George resigneddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +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
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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 15 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanGroup structure
Corrie Recruitment (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Corrie Recruitment (Holdings) Limited Corporate entity | 75–100% | — | 75-100% shares | 30/08/2018 |
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.
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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|---|---|---|---|---|---|---|---|
| DONNACHAIDH PROPERTY LIMITED→ SC259850 · est 2003 | — | — | — | 0 | 22y | 84 | 81y |
| ANKERVILLE NURSERY (ALNESS) LTD.→ SC304455 · est 2006 | — | — | £1.27M | — | 19y | 83 | 67y |
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| INDEPENDENT CARE PLANS U.K. LTD.→ SC156942 · est 1995 | — | — | £331.4k | — | 31y | 83 | 69y |
| LOGIC ALARMS LIMITED→ SC211267 · est 2000 | — | — | £1.90M | — | 25y | 83 | 74y |
| MORAY FIRTH TRAINING GROUP→ SC104619 · est 1987 | — | — | — | 6 | 39y | 83 | 79y |
| QHS SCOTLAND LTD→ SC315075 · est 2007 | — | — | £1.30M | — | 19y | 83 | 64y |
| ROSEFIELD SALVAGE LIMITED→ SC184024 · est 1998 · no financials extracted | — | — | — | — | 28y | 83 | 65y |
| SHG PROPERTIES LIMITED→ SC264805 · est 2004 | — | — | £647.4k | — | 22y | 83 | 77y |
| TARVIE CROFTING ENTERPRISE→ SC191732 · est 1998 | — | — | — | 0 | 27y | 83 | 73y |
| A HORNE PROPERTIES LTD.→ SC377750 · est 2010 | — | — | £713.0k | — | 16y | 82 | 65y |
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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 · 7 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 3 properties | 25/11/2022 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 30/07/2018 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) Limited | Floating charge | 1 property | 28/01/2013 | — |