C S DRILLING SERVICES LIMITED

🌳Matureactive
SC333773 · ltd · incorporated 2007-11-12
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£1.73M
book net assets
Opportunity
81/100
Exceptional
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What this business does
Primary activity: SIC 08990
Sector: Mining & quarrying
ALSO REGISTERED FOR
  • 43130SIC 43130
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 81/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -72% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
8 officers (4 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,726,360
Cash draining
Cash down 72% YoY
Cash YoY
-72%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£21k
↓ 72% YoY
Net Worth
£1.7m
↑ 42% YoY
Current Assets
£949k
↑ 22% YoY
Current Liabilities
—
£0£345k£691k£1.0m£1.4m£1.7mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£2.18M£1.54M
Current assets£948.6k£778.0k
Cash£20.7k£72.9k
Debtors£928.0k£705.1k
Net assets£1.73M£1.21M

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 persons-with-significant-control
Last 180 days
2
filings
  • • 1 persons-with-significant-control
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-02-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-07-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-11-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-07-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2024-07-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-07-24
    ➕
    MACKILLOP, Marie appointed
    director
  7. 2024-07-24
    ➕
    SMITH, Nicola appointed
    director
  8. 2024-02-02
    ➕
    MACKENZIE, Kerry appointed
    secretary
  9. 2024-02-02
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  10. 2023-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-07-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2023-07-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2023-07-07
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2023-06-28
    ➖
    STEPHEN, Colin resigned
    secretary
  15. 2023-06-28
    ➖
    STEPHEN, Colin resigned
    director
  16. 2023-03-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  17. 2022-03-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  18. 2021-03-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  19. 2019-12-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  20. 2018-12-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  21. 2018-05-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  22. 2010-11-12
    ➖
    MACKENZIE, Kenneth John resigned
    director
  23. 2010-11-11
    ➕
    SMITH, Charles Alexander appointed
    director
  24. 2010-11-11
    ➕
    STEPHEN, Colin appointed
    director
  25. 2010-10-31
    ➖
    MACGILLIVRAY, Karen Ada resigned
    secretary
  26. 2010-10-31
    ➕
    STEPHEN, Colin appointed
    secretary
  27. 2007-11-12
    🏢
    Company incorporated
    As C S DRILLING SERVICES LIMITED
  28. 2007-11-12
    ➕
    MACGILLIVRAY, Karen Ada appointed
    secretary
  29. 2007-11-12
    ➕
    MACKENZIE, Kenneth John appointed
    director

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 15 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

23/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — SMITH, Nicola (same surname) appointed 2024-07-24. Pattern consistent with intra-family handover.
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 15 years.
  • 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%
NameSharesVoting rightsNature of controlNotified
Mr Charles Alexander Smith
Individual · British · DOB 01/1962 · age 64
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr Colin Stephenceased 28/06/2023· 25-50% shares

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

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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
Typeltd
Incorporated2007-11-12
Jurisdictionscotland
Primary SIC08990 — SIC 08990

Registered office

12 Juniper Drive
Thurso
Caithness
KW14 7QS
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-30
Last: 2025-11-16

Officers (4 active · 4 resigned)

MACKENZIE, Kerry→
secretary · appointed 2024-02-02
View their other companies + combined net worth →
Active
MACKILLOP, Marie→
director · ~40y · appointed 2024-07-24
View their other companies + combined net worth →
Active
SMITH, Charles Alexander→
director · ~64y · appointed 2010-11-11
View their other companies + combined net worth →
Active
SMITH, Nicola→
director · ~38y · appointed 2024-07-24
View their other companies + combined net worth →
Active
MACGILLIVRAY, Karen Ada→
secretary · appointed 2007-11-12 · resigned 2010-10-31
Resigned
STEPHEN, Colin→
secretary · appointed 2010-10-31 · resigned 2023-06-28
Resigned
MACKENZIE, Kenneth John→
director · ~60y · appointed 2007-11-12 · resigned 2010-11-12
Resigned
STEPHEN, Colin→
director · ~45y · appointed 2010-11-11 · resigned 2023-06-28
Resigned

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

Recent filings (59 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-18
appoint-person-director-company-with-name-date
officers · AP01
2024-07-29
appoint-person-director-company-with-name-date
officers · AP01
2024-07-28
appoint-person-secretary-company-with-name-date
officers · AP03
2024-02-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-07-07
termination-director-company-with-name-termination-date
officers · TM01
2023-07-07
termination-secretary-company-with-name-termination-date
officers · TM02
2023-07-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-21