JOHN G. CORSE FUNERAL DIRECTORS LIMITED

🌳Matureactive

SC294099 · ltd · incorporated 2005-12-05

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 9.9y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Funeral and related activities

Sector: Other service activities

Investor take

Pursue

Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 82/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 9.9y

70/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 9.9 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (77/100)

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

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

6 officers (5 active, 6 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

53 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31	2023-12-31
Average employees	1200	900

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (27 events)Click to expand

2025-04-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-04-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-04-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-04-23
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2024-04-23
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2024-04-23
📄
capital-allotment-shares
capital · SH01
2024-04-18
➕
CORSE, Iona Mary appointed
secretary
2024-04-18
➕
CORSE, Calum John appointed
director
2024-04-18
➕
CORSE, Iona Mary appointed
director
2024-04-18
➕
CORSE, Ross Brian appointed
director
2024-04-18
➖
CORSE, Henrietta Shirley resigned
secretary
2023-04-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-11
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-08-30
🔒
Charge registered #3
Lender: Clydesdale Bank PLC
2019-05-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-06-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-09-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-09-29
🔒
Charge registered #2
Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
2016-05-13
🔒
Charge registered #1
Lender: Clydesdale Bank PLC
2005-12-05
🏢
Company incorporated
As JOHN G. CORSE FUNERAL DIRECTORS LIMITED
2005-12-05
➕
CORSE, John George appointed
director
2005-12-05
➕
CORSE, Henrietta Shirley appointed
secretary

Owner dependency

81/100

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

-4 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "CORSE" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 64 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

30/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

primaryFamily succession underway: Not a takeover target — CORSE, Calum John (same surname) appointed 2024-04-18. Pattern consistent with intra-family handover.
primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
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

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr John George Corse Individual · British · DOB 09/1962 · age 64	75–100%	—	75-100% shares	05/12/2016

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

Similar companies

Active · Trade services · KW postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ELLIS-HALL CONSULTANTS LIMITED→ SC110967 · est 1988	—	—	£3.18M	—	37y	82	76y
BEINN THARSUINN WINDFARM COMMUNITY LIMITED→ SC319675 · est 2007	—	—	£525.2k	—	19y	81	79y
BLARGOANS LIMITED→ SC360136 · est 2009	—	—	£1.10M	—	16y	81	61y
NORTH HIGHLAND REGENERATION FUND→ SC301805 · est 2006	—	—	—	0	19y	81	84y
PAPA WESTRAY BUILDING PRESERVATION TRUST→ SC286513 · est 2005	—	—	—	—	20y	81	76y
FLOTTA PARTNERSHIP→ SC375689 · est 2010 · no financials extracted	—	—	—	—	16y	80	70y
JACKSON INSTRUMENT SERVICES LTD→ SC323001 · est 2007 · no financials extracted	—	—	—	—	18y	80	60y
LIVINGSTONE ENVIRONMENTAL LIMITED→ SC363433 · est 2009	—	—	£131.1k	—	16y	80	69y
KODEVIA LTD→ SC866653 · est 2025 · no financials extracted	—	—	—	—	—	—	—
NORTH HIGHLAND INITIATIVE→ SC351444 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
ORKNEY CRAB LIMITED→ SC785678 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ORKNEY FOOD AND DRINK→ SC144408 · est 1993 · no financials extracted	—	—	—	—	32y	—	—

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

Incorporated2005-12-05

Jurisdictionscotland

Primary SIC96030 — Funeral and related activities

Registered office

Funeral Home

Old Scapa Road

Kirkwall

Orkney

KW15 1BB

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-05-07

Last: 2025-04-23