CIRRUS WORKSPACES LIMITED
🌿Early-stageactive
SC805501 · ltd · incorporated 2024-04-03
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
—
book net assets
Opportunity
68/100
Strong
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 68/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
Data confidence
Overall: medium (74/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 4 with DOB)
86
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
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
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
77
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 |
|---|---|
| Average employees | 1 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
3
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
- • 1 officers
Last 90 days
3
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
- • 1 officers
Last 180 days
4
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-04-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-09📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-04📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2024-08-07✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2024-06-27➕STEVENSON, Paul Andrew appointeddirector
- 2024-06-27➕STEVENSON, Timothy Stewart appointeddirector
- 2024-06-27➖ARMSTRONG, Callum Charles resigneddirector
- 2024-06-27➖FORBES, Neil David resigneddirector
- 2024-06-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-06-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-06-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-06-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-27📄capital-allotment-sharescapital · SH01
- 2024-06-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-27✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2024-04-03🏢Company incorporatedAs CIRRUS WORKSPACES LIMITED
- 2024-04-03➕STRONACHS SECRETARIES LIMITED appointedcorporate-secretary
- 2024-04-03➕ARMSTRONG, Callum Charles appointeddirector
- 2024-04-03➕FORBES, Neil David appointeddirector
- 2024-04-03📄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.
- +Young company: Only 2.1 years old — management layer unlikely to be developed.
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
1 med ·Name changed 2 times
mediumName changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2024-08-07: certificate-change-of-name-company; 2024-06-27: certificate-change-of-name-company
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Paul Andrew Stevenson Individual · British · DOB 04/1980 · age 46 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 27/06/2024 |
Mr Timothy Stewart Stevenson Individual · British · DOB 05/1977 · age 49 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 27/06/2024 |
1 historic (ceased) PSC
- Stronachs Nominees Limitedceased 27/06/2024· 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 · Trade services · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CN FITNESS LTD→ SC497545 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| COCOCARAMEL LTD→ SC743774 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| COLLIE ENGINEERING CONSULTANTS LIMITED→ SC444912 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| COMPASS MBA LTD→ SC413103 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| COOPER NISBET HORTICULTURE LTD→ SC848212 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CORMACK CONSULTANCY LTD→ SC444290 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| COTBURN WIND ENERGY LIMITED→ SC384243 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| COTTOWN FARM LTD→ SC446544 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| COUTTS TELECOMMUNICATION SYSTEMS LIMITED→ SC394303 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| CP INSPECTION LIMITED→ SC373365 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| CPM DESIGN & SURVEY LTD.→ SC322232 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| CPS (SCOTLAND) LTD→ SC554843 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2024-04-03
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
28 Albyn Place
Aberdeen
AB10 1YL
United Kingdom
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-04-16
Last: 2026-04-02
Officers (3 active · 2 resigned)
STRONACHS SECRETARIES LIMITED→
Activecorporate-secretary · appointed 2024-04-03
View their other companies + combined net worth →
STEVENSON, Paul Andrew→
Activedirector · ~46y · appointed 2024-06-27
View their other companies + combined net worth →
STEVENSON, Timothy Stewart→
Activedirector · ~49y · appointed 2024-06-27
View their other companies + combined net worth →
ARMSTRONG, Callum Charles→
Resigneddirector · ~37y · appointed 2024-04-03 · resigned 2024-06-27
FORBES, Neil David→
Resigneddirector · ~56y · appointed 2024-04-03 · resigned 2024-06-27
Click a director name to see their full track record across all companies.
Recent filings (17 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-09
change-person-director-company-with-change-date
officers · CH01
2026-04-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-09
change-account-reference-date-company-previous-extended
accounts · AA01
2025-06-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-25
certificate-change-of-name-company
change-of-name · CERTNM
2024-08-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-06-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-06-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-06-27
termination-director-company-with-name-termination-date
officers · TM01
2024-06-27
capital-allotment-shares
capital · SH01
2024-06-27
termination-director-company-with-name-termination-date
officers · TM01
2024-06-27
appoint-person-director-company-with-name-date
officers · AP01
2024-06-27
appoint-person-director-company-with-name-date
officers · AP01
2024-06-27