COUL LINKS LIMITED

🏛️Establishedactive
SC541313 · ltd · incorporated 2016-07-28
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2024
Net worth
£-716.8k
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 81). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -92% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (79/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
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
Negative net assets
Liabilities exceed assets by £716,824
Cash draining
Cash down 92% YoY
Cash YoY
-92%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1k
↓ 92% YoY
Net Worth
-£717k
~ YoY
Current Assets
£1.7m
~ YoY
Current Liabilities
-£717k-£240k£238k£715k£1.2m£1.7mJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-312023-07-31
Total assets£1.66M£1.67M
Current assets£1.66M£1.67M
Cash£1.0k£13.3k
Debtors£1.66M£1.66M
Net assets£-716.8k£-712.4k

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 (17 events)Click to expand
  1. 2025-04-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-05-01
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-01-04
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2022-05-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2022-02-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2021-07-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2021-07-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2021-06-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2020-04-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2019-04-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2018-04-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2017-07-13
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  13. 2017-07-12
    MACLEOD & MACCALLUM LIMITED appointed
    corporate-secretary
  14. 2016-07-28
    🏢
    Company incorporated
    As COUL LINKS LIMITED
  15. 2016-07-28
    KEISER, Michael appointed
    director
  16. 2016-07-28
    WARNOCK, Todd Evan appointed
    director
  17. 2016-07-28
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

73/100
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.
  • +Founder age: Director aged approximately 81 — succession pressure is live.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

Coul Links Holding Company Llc is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Coul Links Holding Company Llc
Corporate parent · holds 75-100% shares · board control
ultimate parent
COUL LINKS LIMITED
This company · SC541313

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

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Coul Links Holding Company Llc
Corporate entity
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · trust interest · firm interest28/07/2016
Mr Todd Evan Warnock
Individual · American · DOB 10/1960 · age 66
75100%
75-100% shares28/07/2016

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

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
Incorporated2016-07-28
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

28 Queensgate
Inverness
IV1 1DJ
Scotland

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-08-10
Last: 2025-07-27

Officers (3 active · 0 resigned)

MACLEOD & MACCALLUM LIMITED
corporate-secretary · appointed 2017-07-12
View their other companies + combined net worth →
Active
KEISER, Michael
director · ~81y · appointed 2016-07-28
View their other companies + combined net worth →
Active
WARNOCK, Todd Evan
director · ~66y · appointed 2016-07-28
View their other companies + combined net worth →
Active

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

Recent filings (22 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-05-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-13
gazette-filings-brought-up-to-date
gazette · DISS40
2021-07-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-07-02
gazette-notice-compulsory
gazette · GAZ1
2021-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-04-27