CORRYAN TRADING LIMITED

🌳Matureactive
SC459781 · ltd · incorporated 2013-09-23
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 11.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£220.4k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Retail sale in non-specialised stores with food, beverages or tobacco predominating
Sector: Wholesale & retail
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 80/100 (exceptional), bankability 80/100. 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

2 live charges · oldest 11.5y

85/100
ready

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

  • · Oldest live charge is 11.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · 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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
75
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 · accounting standard not declared
Positive net assets
Net assets £220,441
Net assets shrinking
Down £25,190 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£220k
↓ 10% YoY
Current Assets
£223k
↑ 5.9% YoY
Current Liabilities
—
£0£49k£98k£147k£197k£246kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£463.0k£466.4k
Current assets£222.5k£210.1k
Cash—£84.7k
Debtors—£47.6k
Net assets£220.4k£245.6k

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 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-04
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-02-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-10-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2023-10-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-02-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2022-05-16
    ➕
    MACLEOD, Cory John appointed
    director
  8. 2022-05-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2022-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-01-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-04-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2020-04-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2020-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-02-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2014-10-21
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  17. 2014-10-10
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  18. 2013-09-23
    🏢
    Company incorporated
    As CORRYAN TRADING LIMITED
  19. 2013-09-23
    ➕
    MACLEOD, Coinneach appointed
    secretary
  20. 2013-09-23
    ➕
    MACLEOD, Derek appointed
    director

Owner dependency

74/100
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.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

19/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — MACLEOD, Cory John (same surname) appointed 2022-05-16. Pattern consistent with intra-family handover.
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 13 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 Derek Macleod
Individual · Scottish · DOB 06/1966 · age 60
75–100%
75–100%board control75-100% shares · 75-100% voting · board control31/05/2023
2 historic (ceased) PSCs
  • Mr Cory John Macleodceased 31/05/2023· 75-100% shares · 75-100% voting · board control
  • Mr Derek Macleodceased 19/02/2018· 75-100% shares · 75-100% voting · board control

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
Incorporated2013-09-23
Jurisdictionscotland
Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating

Registered office

Welcome-In Filling Station
Lower Barvas
Isle Of Lewis
Western Isles
HS2 0RA

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-10-25
Last: 2025-10-11

Officers (3 active · 0 resigned)

MACLEOD, Coinneach→
secretary · appointed 2013-09-23
View their other companies + combined net worth →
Active
MACLEOD, Cory John→
director · ~28y · appointed 2022-05-16
View their other companies + combined net worth →
Active
MACLEOD, Derek→
director · ~60y · appointed 2013-09-23
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property21/10/2014—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—10/10/2014—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (36 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-02-09
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-10-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-02-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-04
appoint-person-director-company-with-name-date
officers · AP01
2022-05-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-23
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-15