CURRENT COMMERCIALS LIMITED

🏛️Establishedactive
SC634702 · ltd · incorporated 2019-06-28
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
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 45190
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 80/100. Strong seller-intent signal (60/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 1.7y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 1.7 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

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 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees10

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

🔒Filing-note intelligence

4 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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-11-21
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  4. 2024-09-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2024-09-02
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  6. 2024-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-03-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-03-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-01-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2020-08-07
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2019-07-16
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2019-06-28
    🏢
    Company incorporated
    As CURRENT COMMERCIALS LIMITED
  13. 2019-06-28
    FINNIE, Craig appointed
    director
  14. 2019-06-28
    FINNIE, James appointed
    director
  15. 2019-06-28
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

86/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 72 — succession pressure is live.
  • +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

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 72 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr James Finnie
Individual · British · DOB 04/1954 · age 72
2550%
25–50%25-50% shares · 25-50% voting28/06/2019
Mr Craig Finnie
Individual · British · DOB 01/1976 · age 50
2550%
25–50%25-50% shares · 25-50% voting28/06/2019

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
Incorporated2019-06-28
Jurisdictionscotland
Primary SIC45190 — SIC 45190

Registered office

Sandford Business Park
Peterhead
AB42 3FX
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-21
Last: 2025-09-07

Officers (2 active · 0 resigned)

FINNIE, Craig
director · ~50y · appointed 2019-06-28
View their other companies + combined net worth →
Active
FINNIE, James
director · ~72y · appointed 2019-06-28
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
Lloyds Banking Group
Bank of Scotland PLC
A registered charge02/09/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (18 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-21
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-07
accounts-with-accounts-type-dormant
accounts · AA
2021-01-07
confirmation-statement-with-updates
confirmation-statement · CS01
2020-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-10