THE COMRADES COMMUNITY AND VETERANS SOCIAL CLUB C.I.C.

🏛️Establishedactive
SC561038 · private-limited-guarant-nsc · incorporated 2017-03-20
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 2024
Net worth
£32.2k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Activities of other membership organisations n.e.c.
Sector: Other service activities
Investor take
Pursue
Asset-holding vehicle with a 76-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 76). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -42% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (71/100)

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
7 officers (3 active, 7 linked, 6 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
23 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 · FRS 102
Positive net assets
Net assets £32,217
Net assets shrinking
Down £8,741 YoY
Cash draining
Cash down 42% YoY
Cash YoY
-42%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£5k
↓ 42% YoY
Net Worth
£32k
↓ 21% YoY
Current Assets
£11k
↓ 23% YoY
Current Liabilities
£0£8k£16k£25k£33k£41kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30
Total assets£38.8k£47.0k
Current assets£10.7k£13.8k
Cash£5.4k£9.3k
Debtors£489£473
Net assets£32.2k£41.0k

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

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-02-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-02-20
    WHITE, Ian Hay resigned
    director
  3. 2025-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-09-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-01-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-01-30
    KEY, John Alan resigned
    director
  7. 2023-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-08-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-04-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2021-11-06
    ROSE, Anthony Michael resigned
    director
  11. 2021-06-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-04-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-03-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2019-03-01
    MAIN, Iain Robert resigned
    director
  16. 2018-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-12-05
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  18. 2017-03-20
    🏢
    Company incorporated
    As THE COMRADES COMMUNITY AND VETERANS SOCIAL CLUB C.I.C.
  19. 2017-03-20
    SPROTT, David Phillip appointed
    secretary
  20. 2017-03-20
    LESLIE, Raymond appointed
    director
  21. 2017-03-20
    SPROTT, David Phillip appointed
    director
  22. 2017-03-20
    KEY, John Alan appointed
    director
  23. 2017-03-20
    MAIN, Iain Robert appointed
    director
  24. 2017-03-20
    ROSE, Anthony Michael appointed
    director
  25. 2017-03-20
    WHITE, Ian Hay appointed
    director
  26. 2017-03-20
    📄
    incorporation-community-interest-company
    incorporation · CICINC

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 76 — 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 76 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.)
🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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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 →
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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.

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Company details

Statusactive
Typeprivate-limited-guarant-nsc
Incorporated2017-03-20
Jurisdictionscotland
Primary SIC94990 — Activities of other membership organisations n.e.c.

Registered office

26 Commerce Street
Lossiemouth
Morayshire
IV31 6QD

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-04-02
Last: 2026-03-19

Officers (3 active · 4 resigned)

SPROTT, David Phillip
secretary · appointed 2017-03-20
View their other companies + combined net worth →
Active
LESLIE, Raymond
director · ~68y · appointed 2017-03-20
View their other companies + combined net worth →
Active
SPROTT, David Phillip
director · ~76y · appointed 2017-03-20
View their other companies + combined net worth →
Active
KEY, John Alan
director · ~80y · appointed 2017-03-20 · resigned 2024-01-30
Resigned
MAIN, Iain Robert
director · ~80y · appointed 2017-03-20 · resigned 2019-03-01
Resigned
ROSE, Anthony Michael
director · ~89y · appointed 2017-03-20 · resigned 2021-11-06
Resigned
WHITE, Ian Hay
director · ~73y · appointed 2017-03-20 · resigned 2026-02-20
Resigned

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

Recent filings (23 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-02
termination-director-company-with-name-termination-date
officers · TM01
2026-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-25
termination-director-company-with-name-termination-date
officers · TM01
2024-01-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-25
termination-director-company-with-name-termination-date
officers · TM01
2022-04-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-06