COURTHOUSE LTD
🏛️Establishedactive
SC556199 · ltd · incorporated 2017-02-01
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 Feb 2025
Net worth
£-25.5k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
- 55209Other holiday and other collective accommodation
- 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 72/100 (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 (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
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 105 (micro)Negative net assets
Liabilities exceed assets by £25,483
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£25k
↓ 30% YoY
Current Assets
£643
↓ 22% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £-25.5k | £-19.4k |
| Current assets | £643 | £824 |
| Net assets | £-25.5k | £-19.6k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
- 2025-10-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-11-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-02-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-02-01🏢Company incorporatedAs COURTHOUSE LTD
- 2017-02-01➕HASLAM, Marc Lee appointeddirector
- 2017-02-01➕HASLAM, Shona appointeddirector
- 2017-02-01📄incorporation-companyincorporation · NEWINC
Owner dependency
71/100
High — earn-out structure requiredMaterial 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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Marc Haslam Individual · British · DOB 06/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/02/2017 |
Mrs Shona Haslam Individual · British · DOB 09/1974 · age 52 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/02/2017 |
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 →Similar companies
Active · Construction · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CSQ CONSULT LTD→ SC421143 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| CU PLUMBING AND HEATING LTD→ SC832628 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CULLEN PLUMBING & HEATING LIMITED→ SC393940 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| CULLROSS (BALLINDEAN) LIMITED→ SC685822 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CUMBRAE PROPERTY LIMITED→ SC492499 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| CUMMINGS PLUMBING LIMITED→ SC463623 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| CUTHBERTS OF EDINBURGH LIMITED→ SC626628 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| D BLACK ELECTRICAL SERVICES LTD→ SC882032 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| D BLAKE HOLDINGS LIMITED→ SC187718 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| DAMP DOCTORS NATIONAL LTD→ SC802980 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| DARM UTILITIES LTD→ SC834449 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| DAVID GRIERSON LTD→ SC381114 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
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
Incorporated2017-02-01
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
The Courthouse
High Street
Peebles
EH45 8SW
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-14
Last: 2026-01-31
Officers (2 active · 0 resigned)
HASLAM, Marc Lee→
Activedirector · ~55y · appointed 2017-02-01
View their other companies + combined net worth →
HASLAM, Shona→
Activedirector · ~52y · appointed 2017-02-01
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (19 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-31
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-02-13