THE CANYONING COMPANY LTD

🌳Matureactive
SC519757 · ltd · incorporated 2015-11-09
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2023
Net worth
£-18.7k
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Other sports activities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £18,727

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
-£19k
Current Assets
£4k
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-11-30
Total assets£-2.7k
Current assets£3.9k
Debtors£3.9k
Net assets£-18.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
0
filings
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-09-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-08-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-06-15
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2020-06-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2019-01-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2019-01-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2019-01-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2018-08-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2017-08-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-11-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2015-11-09
    🏢
    Company incorporated
    As THE CANYONING COMPANY LTD
  14. 2015-11-09
    ➕
    CASE, Ben appointed
    director
  15. 2015-11-09
    ➕
    YATES, George appointed
    director
  16. 2015-11-09
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

41/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Ben Case
Individual · British · DOB 10/1987 · age 39
25–50%
—25-50% shares06/04/2016
Mr George Yates
Individual · British · DOB 06/1988 · age 38
25–50%
—25-50% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2015-11-09
Jurisdictionscotland
Primary SIC93199 — Other sports activities

Registered office

Dunaird Coach House St. Marys Road
Birnam
Dunkeld
PH8 0BJ
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-08-28
Last: 2025-08-14

Officers (2 active · 0 resigned)

CASE, Ben→
director · ~39y · appointed 2015-11-09
View their other companies + combined net worth →
Active
YATES, George→
director · ~38y · appointed 2015-11-09
View their other companies + combined net worth →
Active

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

Recent filings (23 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-23
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-16
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-06-15
confirmation-statement-with-updates
confirmation-statement · CS01
2020-08-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-06-23
confirmation-statement-with-updates
confirmation-statement · CS01
2019-08-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-01-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-01-02