CREATIVE CORE LIMITED

🌳Matureactive
SC252929 · ltd · incorporated 2003-07-17
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 22.5y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2024
Net worth
£-21.4k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 78). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 22.5y

50/100
clean up first

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

  • · Oldest live charge is 22.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
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
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
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 £21,411
Net assets shrinking
Down £22,230 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1k
Net Worth
-£21k
↓ 2714% YoY
Current Assets
£20k
↓ 22% YoY
Current Liabilities
-£21k-£12k-£3k£7k£16k£25kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-07-312023-07-31
Total assets£-10.3k£819
Current assets£19.6k£25.1k
Cash£1.1k
Debtors£11.6k
Net assets£-21.4k£819

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
1
filing
  • 1 officers
Last 180 days
1
filing
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-02-20
    WOOD, Ian Francis resigned
    secretary
  2. 2026-02-20
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  3. 2025-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2016-04-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-09-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-04-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-07-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-04-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2009-10-08
    🔒
    Charge registered #3
    Lender: Lloyds Tsb Commercial Finance Limited
  18. 2009-03-31
    🔓
    Charge satisfied #1
  19. 2008-07-31
    MCELROY, Steven resigned
    director
  20. 2008-02-06
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  21. 2003-10-14
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Commercial Finance Limited
  22. 2003-07-17
    🏢
    Company incorporated
    As CREATIVE CORE LIMITED
  23. 2003-07-17
    MICHAEL, David Ewen appointed
    director
  24. 2003-07-17
    WOOD, Ian Francis appointed
    director
  25. 2003-07-17
    WOOD, Ian Francis appointed
    secretary
  26. 2003-07-17
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-secretary
  27. 2003-07-17
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-secretary
  28. 2003-07-17
    MCELROY, Steven appointed
    director
  29. 2003-07-17
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-director
  30. 2003-07-17
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-director
  31. 2003-07-17
    PETER TRAINER CORPORATE SERVICES LTD. appointed
    corporate-nominee-director
  32. 2003-07-17
    PETER TRAINER CORPORATE SERVICES LTD. resigned
    corporate-nominee-director

Owner dependency

83/100
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.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 78 — succession pressure is live.

Succession & seller-readiness

96/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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 Ian Francis Wood
Individual · British · DOB 05/1967 · age 59
2550%
25–50%sig. influence25-50% shares · 25-50% voting · significant influence17/07/2016
Mr David Michael
Individual · British · DOB 09/1946 · age 80
2550%
25–50%sig. influence25-50% shares · 25-50% voting · significant influence17/07/2016

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
Incorporated2003-07-17
Jurisdictionscotland
Primary SIC62090 — Other information technology service activities

Registered office

58 Long Lane
Broughty Ferry
Dundee
DD5 1HH

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-07-31
Last: 2025-07-17

Officers (2 active · 5 resigned)

MICHAEL, David Ewen
director · ~78y · appointed 2003-07-17
View their other companies + combined net worth →
Active
WOOD, Ian Francis
director · ~59y · appointed 2003-07-17
View their other companies + combined net worth →
Active
WOOD, Ian Francis
secretary · appointed 2003-07-17 · resigned 2026-02-20
Resigned
PETER TRAINER COMPANY SECRETARIES LTD.
corporate-nominee-secretary · appointed 2003-07-17 · resigned 2003-07-17
Resigned
MCELROY, Steven
director · ~46y · appointed 2003-07-17 · resigned 2008-07-31
Resigned
PETER TRAINER COMPANY SECRETARIES LTD.
corporate-nominee-director · appointed 2003-07-17 · resigned 2003-07-17
Resigned
PETER TRAINER CORPORATE SERVICES LTD.
corporate-nominee-director · appointed 2003-07-17 · resigned 2003-07-17
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited
Floating charge1 property08/10/2009
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Bond & floating charge1 property06/02/2008
satisfied
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited
Floating charge1 property14/10/200331/03/2009
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (61 total)

termination-secretary-company-with-name-termination-date
officers · TM02
2026-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-31
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-19
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-30
accounts-with-accounts-type-micro-entity
accounts · AA
2019-04-30