CORE CITI OFFICES LTD

💤Zombieactive
SC439738 · ltd · incorporated 2013-01-07
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 Oct 2024
Net worth
£7.7k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Other accommodation
Sector: Accommodation & food service
ALSO REGISTERED FOR
  • 70229Management consultancy activities other than financial management
  • 82990Other business support service activities n.e.c.
Investor take
Pursue
Asset-holding vehicle with a 70-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 70). 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: high (82/100)

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

Company profile
address, 3 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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
30 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £7,672
Cash YoY
+563%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£5k
↑ 563% YoY
Net Worth
£8k
↑ 2.1% YoY
Current Assets
£124k
↑ 32% YoY
Current Liabilities
£0£25k£49k£74k£99k£124kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£108.8k£82.0k
Current assets£123.5k£93.9k
Cash£5.4k£817
Debtors£118.1k£93.0k
Net assets£7.7k£7.5k

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-08-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2017-08-01
    COLQUHOUN, Sarah resigned
    director
  11. 2017-08-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2017-07-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-11-01
    KEANE, Robert appointed
    director
  14. 2016-07-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-02-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-07-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-02-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2013-01-07
    🏢
    Company incorporated
    As CORE CITI OFFICES LTD
  19. 2013-01-07
    COLQUHOUN, Sarah appointed
    director

Owner dependency

90/100
Critical — business is the founder

The 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.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Robert Keane
Individual · Irish · DOB 04/1956 · age 70
75100%
75-100% shares06/04/2016

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

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
Incorporated2013-01-07
Jurisdictionscotland
Primary SIC55900 — Other accommodation

Registered office

19 Adelphi
Merchant Quarter
Aberdeen
AB11 5BL

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-12-01
Last: 2025-11-17

Officers (1 active · 1 resigned)

KEANE, Robert
director · ~70y · appointed 2016-11-01
View their other companies + combined net worth →
Active
COLQUHOUN, Sarah
director · ~39y · appointed 2013-01-07 · resigned 2017-08-01
Resigned

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

Recent filings (30 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-29
confirmation-statement-with-updates
confirmation-statement · CS01
2020-01-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-01-29