CULTAR LTD

🏛️Establishedactive
SC624235 · ltd · incorporated 2019-03-13
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 Mar 2025
Net worth
£69.0k
book net assets
Opportunity
74/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Event catering activities
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -47% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 2.8y

10/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 2.8 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (83/100)

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

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
21 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
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £68,980
Net assets shrinking
Down £65,077 YoY
Cash draining
Cash down 47% YoY
Cash YoY
-47%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£64k
↓ 47% YoY
Net Worth
£69k
↓ 49% YoY
Current Assets
£139k
↓ 7.4% YoY
Current Liabilities
£0£30k£60k£90k£120k£150kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£178.5k£281.3k
Current assets£139.0k£150.0k
Cash£63.5k£120.5k
Debtors£36.6k£3.5k
Net assets£69.0k£134.1k

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 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-08-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2024-08-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2024-08-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2023-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-08-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2023-07-24
    🔒
    Charge registered #1
    Lender: Eastern Credit Limited
  9. 2023-03-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2023-02-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2023-01-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-09-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2021-12-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-03-13
    🏢
    Company incorporated
    As CULTAR LTD
  16. 2019-03-13
    CHARALAMBOUS, Christopher appointed
    director
  17. 2019-03-13
    CHARALAMBOUS, Paul Demetrious appointed
    director
  18. 2019-03-13
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited 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

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 Paul Demetrious Charalambous
Individual · British · DOB 11/1979 · age 47
2550%
25–50%25-50% shares · 25-50% voting01/04/2024
Mr Christopher Charalambous
Individual · Scottish · DOB 11/1982 · age 44
2550%
25–50%25-50% shares · 25-50% voting01/04/2024
1 historic (ceased) PSC
  • Gwr Kitchens Ltdceased 01/04/2024· 75-100% shares · 75-100% voting · board control

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 · Hospitality · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CROSSDAL LTD
SC467704 · est 2014 · no financials extracted
12y
CUCINA RISTORANTE LIMITED
SC443794 · est 2013 · no financials extracted
13y
CUKCOO PERI PERI LTD
SC607079 · est 2018 · no financials extracted
7y
CURRY HUT ROBROYSTON LIMITED
SC773255 · est 2023 · no financials extracted
2y
CUTHRELL LTD
SC799762 · est 2024 · no financials extracted
2y
CWOOD BISTRO LTD
SC856652 · est 2025 · no financials extracted
CX TRADERS LTD
SC798883 · est 2024 · no financials extracted
2y
CYPSCO BOT LTD
SC780680 · est 2023 · no financials extracted
2y
CYT LTD
SC814747 · est 2024 · no financials extracted
1y
D'ARCY'S (GLASGOW) LIMITED
SC264250 · est 2004 · no financials extracted
22y
DA 134 LIMITED
SC765727 · est 2023 · no financials extracted
3y
DAISY'S CAFE (GLASGOW) LTD
SC844580 · est 2025 · no financials extracted
1y
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
Incorporated2019-03-13
Jurisdictionscotland
Primary SIC56210 — Event catering activities

Registered office

Unit 3, Kpp Chartered Accountants Morris Park
37 Rosyth Road
Glasgow
G5 0YE
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-28
Last: 2025-08-14

Officers (2 active · 0 resigned)

CHARALAMBOUS, Christopher
director · ~44y · appointed 2019-03-13
View their other companies + combined net worth →
Active
CHARALAMBOUS, Paul Demetrious
director · ~47y · appointed 2019-03-13
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Eastern Credit
Eastern Credit Limited
A registered charge24/07/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (21 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-28
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-23
change-person-director-company-with-change-date
officers · CH01
2023-03-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-28