CORNERSTONE EXCHANGE LLP

💤Zombieactive
SO303035 · llp · incorporated 2010-09-28
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
not disclosed
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.

Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: low (45/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
12 officers (10 active, 12 linked, 11 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
50 filings on record
85
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
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
80
Good data coverage for analysis.

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 (40 events)Click to expand
  1. 2025-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-09-30
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  3. 2025-01-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-11-22
    📄
    change-account-reference-date-limited-liability-partnership-previous-shortened
    accounts · LLAA01
  5. 2024-09-30
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  6. 2024-02-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-09-28
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  8. 2023-02-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-10-07
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  10. 2022-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-09-28
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  12. 2021-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-10-06
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  14. 2020-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-10-23
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  16. 2019-08-27
    📍
    change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
    address · LLAD01
  17. 2019-02-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-10-08
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  19. 2018-02-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2017-10-04
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  21. 2017-03-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  22. 2017-02-02
    📄
    change-person-member-limited-liability-partnership-with-name-change-date
    officers · LLCH01
  23. 2016-09-30
    📄
    confirmation-statement-with-updates
    confirmation-statement · LLCS01
  24. 2016-02-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  25. 2015-10-02
    📄
    annual-return-limited-liability-partnership-with-made-up-date
    annual-return · LLAR01
  26. 2015-01-30
    GILSON, Glen Douglas resigned
    llp-member
  27. 2010-11-02
    MCPHERSON, Malcolm Henry appointed
    llp-designated-member
  28. 2010-11-02
    ADDIS, Neil Michael appointed
    llp-member
  29. 2010-11-02
    CATTO, Simon James Dawson appointed
    llp-member
  30. 2010-11-02
    EDE, Miles Jonathan appointed
    llp-member
  31. 2010-11-02
    KIRCHIN, David Michael appointed
    llp-member
  32. 2010-11-02
    LEY, Andrew Charles appointed
    llp-member
  33. 2010-11-02
    SHANKS, Ronald Alan appointed
    llp-member
  34. 2010-11-02
    WALKER, Andrew Graham Alexander appointed
    llp-member
  35. 2010-11-02
    WATT, Edward Bruce appointed
    llp-member
  36. 2010-11-02
    HBJGW LIMITED resigned
    corporate-llp-designated-member
  37. 2010-11-02
    GILSON, Glen Douglas appointed
    llp-member
  38. 2010-09-28
    🏢
    Company incorporated
    As CORNERSTONE EXCHANGE LLP
  39. 2010-09-28
    JACKSON, Fraser Scott appointed
    llp-designated-member
  40. 2010-09-28
    HBJGW LIMITED appointed
    corporate-llp-designated-member

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

40/100
Moderate signal

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

SIGNALS
  • secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Similar companies

Active · same sector · KY postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
DIVEROV INTEGRITY MANAGEMENT SERVICES LIMITED
SC444853 · est 2013 · no financials extracted
13y
FIFEX LTD
SC246468 · est 2003 · no financials extracted
23y
HARCOURT INVESTMENTS LIMITED
OE022279 · est 2023 · no financials extracted
3y
HBK CAYMAN LTD
FC029479 · est 2009 · no financials extracted
17y
HEATING & DETECTION SOLUTIONS LIMITED
SC303054 · est 2006 · no financials extracted
19y
HELIX CONSULTING ENGINEERS LTD.
SC282482 · est 2005 · no financials extracted
21y
HENOFA LIMITED
OE027771 · est 2023 · no financials extracted
3y
IBRAHIM X UN LIMITED
SC773385 · est 2023 · no financials extracted
2y
ICR VETERINARY GROUP LTD
SC336336 · est 2008 · no financials extracted
18y
IIMSC LP
SL014229 · est 2013 · no financials extracted
12y
INNOVA/4 LP
LP011130 · est 2006 · no financials extracted
20y
INSPIRE ASPIRE INTERNATIONAL LIMITED
SC501820 · est 2015 · no financials extracted
11y
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
Typellp
Incorporated2010-09-28
Jurisdictionscotland
Primary SIC

Registered office

3 Geds Mill Close
Burntisland
KY3 0BF
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-12
Last: 2025-09-28

Officers (10 active · 2 resigned)

JACKSON, Fraser Scott
llp-designated-member · ~72y · appointed 2010-09-28
View their other companies + combined net worth →
Active
MCPHERSON, Malcolm Henry
llp-designated-member · ~72y · appointed 2010-11-02
View their other companies + combined net worth →
Active
ADDIS, Neil Michael
llp-member · ~55y · appointed 2010-11-02
View their other companies + combined net worth →
Active
CATTO, Simon James Dawson
llp-member · ~54y · appointed 2010-11-02
View their other companies + combined net worth →
Active
EDE, Miles Jonathan
llp-member · ~54y · appointed 2010-11-02
View their other companies + combined net worth →
Active
KIRCHIN, David Michael
llp-member · ~54y · appointed 2010-11-02
View their other companies + combined net worth →
Active
LEY, Andrew Charles
llp-member · ~51y · appointed 2010-11-02
View their other companies + combined net worth →
Active
SHANKS, Ronald Alan
llp-member · ~52y · appointed 2010-11-02
View their other companies + combined net worth →
Active
WALKER, Andrew Graham Alexander
llp-member · ~58y · appointed 2010-11-02
View their other companies + combined net worth →
Active
WATT, Edward Bruce
llp-member · ~51y · appointed 2010-11-02
View their other companies + combined net worth →
Active
HBJGW LIMITED
corporate-llp-designated-member · appointed 2010-09-28 · resigned 2010-11-02
Resigned
GILSON, Glen Douglas
llp-member · ~49y · appointed 2010-11-02 · resigned 2015-01-30
Resigned

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

Recent filings (50 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-22
change-account-reference-date-limited-liability-partnership-previous-shortened
accounts · LLAA01
2024-11-22
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-02
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-09-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-07
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-31
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2021-09-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-26
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2020-10-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-30
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2019-10-23