CULMOT CONTRACTS LTD

🌱Startupactive
SC809308 · ltd · incorporated 2024-05-02
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
book net assets
Opportunity
71/100
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: Construction of domestic buildings
Sector: Construction
ALSO REGISTERED FOR
  • 43320Joinery installation
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (69/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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
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
Network not yet resolved
30
Filing history
5 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-31

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2025-07-23
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-07-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2025-07-22
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-05-02
    🏢
    Company incorporated
    As CULMOT CONTRACTS LTD
  5. 2024-05-02
    SOMERVILLE, Luc appointed
    director
  6. 2024-05-02
    SOMERVILLE, Tom appointed
    director
  7. 2024-05-02
    📄
    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.
  • +Young company: Only 2.0 years old — management layer unlikely to be developed.

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 Tom Somerville
Individual · British · DOB 11/1994 · age 32
2550%
25–50%board control25-50% shares · 25-50% voting · board control02/05/2024
Mr Luc Somerville
Individual · British · DOB 11/1999 · age 27
2550%
25–50%board control25-50% shares · 25-50% voting · board control02/05/2024

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

Similar companies

Active · Construction · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CSQ CONSULT LTD
SC421143 · est 2012 · no financials extracted
14y
CTD SCOTLAND LTD
SC513395 · est 2015 · no financials extracted
10y
CU PLUMBING AND HEATING LTD
SC832628 · est 2024 · no financials extracted
1y
CULLEN PLUMBING & HEATING LIMITED
SC393940 · est 2011 · no financials extracted
15y
CULLROSS (BALLINDEAN) LIMITED
SC685822 · est 2021 · no financials extracted
5y
CUMBRAE PROPERTY LIMITED
SC492499 · est 2014 · no financials extracted
11y
CUMMINGS PLUMBING LIMITED
SC463623 · est 2013 · no financials extracted
12y
CUTHBERTS OF EDINBURGH LIMITED
SC626628 · est 2019 · no financials extracted
7y
D BLACK ELECTRICAL SERVICES LTD
SC882032 · est 2026 · no financials extracted
D BLAKE HOLDINGS LIMITED
SC187718 · est 1998 · no financials extracted
27y
D. BLAKE & CO. LIMITED
SC030911 · est 1955 · no financials extracted
70y
DAMP DOCTORS NATIONAL LTD
SC802980 · est 2024 · no financials extracted
2y
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
Incorporated2024-05-02
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings

Registered office

2 Dickson Street
West Calder
EH55 8DZ
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-15
Last: 2025-05-01

Officers (2 active · 0 resigned)

SOMERVILLE, Luc
director · ~27y · appointed 2024-05-02
View their other companies + combined net worth →
Active
SOMERVILLE, Tom
director · ~32y · appointed 2024-05-02
View their other companies + combined net worth →
Active

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

Recent filings (5 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2025-07-23
accounts-with-accounts-type-dormant
accounts · AA
2025-07-22
gazette-notice-compulsory
gazette · GAZ1
2025-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-21
incorporation-company
incorporation · NEWINC
2024-05-02