CORYLUS CIC

🚨Distressedactive
SC599459 · private-limited-guarant-nsc · incorporated 2018-06-08
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2023
Net worth
£-86.9k
book net assets
Opportunity
61/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Botanical and zoological gardens and nature reserve activities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 55/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £86,911

Key financials

1 year extracted from filed iXBRL accounts
Cash
£1k
Net Worth
-£87k
Current Assets
£2k
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-06-30
Total assets£-35.9k
Current assets£2.0k
Cash£1.0k
Debtors£1.0k
Net assets£-86.9k

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
1
filing
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-01-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-01-17
    ➖
    RAMSAY, Kevin Mark resigned
    director
  3. 2025-06-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-06-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-05-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2025-05-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2024-08-31
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2024-08-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2024-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-11-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2023-11-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2023-11-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2023-04-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2022-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-07-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2021-05-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2020-11-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2020-10-14
    ➕
    RAMSAY, Kevin Mark appointed
    director
  19. 2020-06-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2018-06-08
    🏢
    Company incorporated
    As CORYLUS CIC
  21. 2018-06-08
    ➕
    MCCARDY, Edward Alexander appointed
    director
  22. 2018-06-08
    ➕
    MCDONALD, Craig appointed
    director
  23. 2018-06-08
    📄
    incorporation-community-interest-company
    incorporation · CICINC

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Edward Alexander Mccardy
Individual · Scottish · DOB 02/1980 · age 46
25–50%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence · trust interest08/06/2018
Criag Mcdonald
Individual · Scottish · DOB 03/1979 · age 47
25–50%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence · trust interest08/06/2018

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

Similar companies

Active · Leisure & entertainment · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
FESTIVALS EDINBURGH LIMITED→
SC331673 · est 2007
£179.5k
£139.6k–£219.4k
——618y8670y
ALHAMBRA THEATRE TRUST→
SC345187 · est 2008 · no financials extracted
————17y8377y
ARCHERFIELD & FIDRA GOLF COURSES LIMITED→
SC260327 · est 2003 · no financials extracted
————22y8379y
ASSEMBLY THEATRE LIMITED→
SC092088 · est 1985
——£185.5k—41y8378y
BRAID HILLS SHOP LIMITED→
SC177390 · est 1997 · no financials extracted
————28y8370y
CHEEK BY JOWL THEATRE COMPANY LIMITED→
SC078954 · est 1982 · no financials extracted
————43y8374y
CORRIES (MUSIC) LTD., THE→
SC056353 · est 1974
——£2—51y8389y
DM AUDIO LIMITED→
SC245613 · est 2003
———923y8361y
HISTORIC CHURCHES SCOTLAND→
SC162884 · est 1996 · no financials extracted
————30y8377y
MAGNETIC NORTH THEATRE PRODUCTIONS LIMITED→
SC199210 · est 1999 · no financials extracted
————26y8375y
RADICAL TRAVEL GROUP LIMITED→
SC136334 · est 1992 · no financials extracted
————34y8361y
THE SCOTCH WHISKY HERITAGE CENTRE LIMITED→
SC100141 · est 1986 · no financials extracted
————39y8377y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Typeprivate-limited-guarant-nsc
Incorporated2018-06-08
Jurisdictionscotland
Primary SIC91040 — Botanical and zoological gardens and nature reserve activities

Registered office

3 Considine Gardens
Edinburgh
EH8 7DZ
Scotland

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-06-21
Last: 2025-06-07

Officers (2 active · 1 resigned)

MCCARDY, Edward Alexander→
director · ~46y · appointed 2018-06-08
View their other companies + combined net worth →
Active
MCDONALD, Craig→
director · ~47y · appointed 2018-06-08
View their other companies + combined net worth →
Active
RAMSAY, Kevin Mark→
director · ~56y · appointed 2020-10-14 · resigned 2026-01-17
Resigned

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

Recent filings (25 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-01-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-18
gazette-filings-brought-up-to-date
gazette · DISS40
2025-05-28
gazette-notice-compulsory
gazette · GAZ1
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-13
gazette-filings-brought-up-to-date
gazette · DISS40
2024-08-31
gazette-notice-compulsory
gazette · GAZ1
2024-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-20
change-person-director-company-with-change-date
officers · CH01
2023-11-20
change-person-director-company-with-change-date
officers · CH01
2023-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-26