CENTRAL BELT COOPERAGE LTD

💤Zombieactive
SC745854 · ltd · incorporated 2022-09-29
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£-60.0k
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 16240
Sector: Manufacturing
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. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -64% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

1 live charge · oldest 1.8y

10/100
under pressure

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

  • · Newest facility, 1.8 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
13 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
60
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 · FRS 102
Negative net assets
Liabilities exceed assets by £60,046
Cash draining
Cash down 64% YoY
Cash YoY
-64%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£61k
↓ 64% YoY
Net Worth
-£60k
↑ 23% YoY
Current Assets
£763k
↓ 30% YoY
Current Liabilities
-£78k£154k£387k£619k£852k£1.1mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£262.1k£172.1k
Current assets£763.3k£1.08M
Cash£61.1k£172.0k
Debtors£580.4k£833.9k
Net assets£-60.0k£-78.3k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-09-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-07-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2024-07-08
    🔒
    Charge registered #1
    Lender: Lloyds Bank Commercial Finance Limited
  5. 2024-04-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-11-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2023-11-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2023-01-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2023-01-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2022-10-17
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  11. 2022-09-29
    🏢
    Company incorporated
    As CENTRAL BELT COOPERAGE LTD
  12. 2022-09-29
    CARIS, Paul Alexandre appointed
    director
  13. 2022-09-29
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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

Financiere De Toureloure is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Financiere De Toureloure
Corporate parent · holds 75-100% shares · board control
ultimate parent
CENTRAL BELT COOPERAGE LTD
This company · SC745854

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Financiere De Toureloure
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control29/09/2022
2 historic (ceased) PSCs
  • Mr Paul-Alexandre Carisceased 30/11/2023· significant influence · trust interest · firm interest
  • Mrs Juliana Carisceased 30/11/2023· significant influence · trust interest · firm interest

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2022-09-29
Jurisdictionscotland
Primary SIC16240 — SIC 16240

Registered office

1037 Sauchiehall Street
Glasgow
G3 7TZ
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-12
Last: 2025-09-28

Officers (1 active · 0 resigned)

CARIS, Paul Alexandre
director · ~49y · appointed 2022-09-29
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
Lloyds Bank Commercial Finance Limited
A registered charge08/07/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (13 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-11-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-01-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-01-09
change-account-reference-date-company-current-extended
accounts · AA01
2022-10-17
incorporation-company
incorporation · NEWINC
2022-09-29