CLARITY MORTGAGE SOLUTIONS LIMITED

💤Zombieactive
SC498498 · ltd · incorporated 2015-02-20
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
—
year to Feb 2025
Net worth
£17.3k
book net assets
Opportunity
69/100
Strong
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What this business does
Primary activity: Activities of mortgage finance companies
Sector: Financial & insurance
Investor take
Special-situation opportunity
Distressed financial-services with salvageable qualities — special-situations priority.

Opportunity 69/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

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
Confirmed no charges registered
85
Directors & officers
6 officers (1 active, 6 linked, 6 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review 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 £17,344
Net assets shrinking
Down £1,027 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£17k
↓ 5.6% YoY
Current Assets
£15k
↓ 1.5% YoY
Current Liabilities
—
£0£4k£7k£11k£15k£18kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-28
Total assets£17.3k£18.4k
Current assets£14.6k£14.8k
Net assets£17.3k£18.4k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-07-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-04-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-07-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-04-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-01-20
    ➖
    EDMUNDS, Greg William resigned
    director
  6. 2022-01-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2021-04-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-01-19
    ➖
    MURRAY, David Johnston resigned
    director
  9. 2021-01-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2020-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-11-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2018-11-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2018-11-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2018-10-31
    ➕
    MURRAY, David Johnston appointed
    director
  16. 2018-04-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2017-09-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2017-09-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2017-09-26
    ➕
    EDMUNDS, Greg William appointed
    director
  20. 2017-09-26
    ➖
    EDMUNDS, Keith William resigned
    director
  21. 2017-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2017-05-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  23. 2017-03-10
    ➕
    EDMUNDS, Keith William appointed
    director
  24. 2016-08-24
    ➕
    FRENDO-CUMBO, Alan appointed
    director
  25. 2016-08-24
    ➖
    EDMUNDS, Keith William resigned
    director
  26. 2016-05-11
    ➖
    FRENDO CUMBO, Alan resigned
    director
  27. 2015-02-20
    🏢
    Company incorporated
    As CLARITY MORTGAGE SOLUTIONS LIMITED
  28. 2015-02-20
    ➕
    EDMUNDS, Keith William appointed
    director
  29. 2015-02-20
    ➕
    FRENDO CUMBO, Alan appointed
    director

Owner dependency

90/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-02-03

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Alan Frendo
Individual · British · DOB 11/1957 · age 69
75–100%
—75-100% shares01/02/2017

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

9 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
Incorporated2015-02-20
Jurisdictionscotland
Primary SIC64922 — Activities of mortgage finance companies

Registered office

14 Albert Street
Monifieth
Dundee
DD5 4JS
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-02-03OVERDUE
Last: 2025-01-20

Officers (1 active · 5 resigned)

FRENDO-CUMBO, Alan→
director · ~69y · appointed 2016-08-24
View their other companies + combined net worth →
Active
EDMUNDS, Greg William→
director · ~39y · appointed 2017-09-26 · resigned 2022-01-20
Resigned
EDMUNDS, Keith William→
director · ~70y · appointed 2017-03-10 · resigned 2017-09-26
Resigned
EDMUNDS, Keith William→
director · ~70y · appointed 2015-02-20 · resigned 2016-08-24
Resigned
FRENDO CUMBO, Alan→
director · ~69y · appointed 2015-02-20 · resigned 2016-05-11
Resigned
MURRAY, David Johnston→
director · ~39y · appointed 2018-10-31 · resigned 2021-01-19
Resigned

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

Recent filings (34 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-11
termination-director-company-with-name-termination-date
officers · TM01
2022-01-20
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-27
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-22
termination-director-company-with-name-termination-date
officers · TM01
2021-01-19
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2020-02-18
accounts-with-accounts-type-micro-entity
accounts · AA
2019-05-29