CORRAITH HOLDINGS LTD

🏛️Establishedactive
SC616755 · ltd · incorporated 2018-12-21
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
🔔
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: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees2200

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

🔒Filing-note intelligence

2 signals 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
0
filings
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-05
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  5. 2022-12-05
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  6. 2022-12-05
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  7. 2022-07-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-08-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-04-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2020-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-01-15
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  12. 2019-04-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2019-04-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2019-04-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2019-03-01
    ➕
    JOHNSTONE, Kathleen appointed
    director
  16. 2018-12-21
    🏢
    Company incorporated
    As CORRAITH HOLDINGS LTD
  17. 2018-12-21
    ➕
    JOHNSTONE, Richard Bell appointed
    director
  18. 2018-12-21
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

79/100
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 62 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Kathleen Johnstone
Individual · British · DOB 11/1964 · age 62
25–50%
25–50%25-50% shares · 25-50% voting01/03/2019
Richard Johnstone
Individual · British · DOB 01/1964 · age 62
25–50%
25–50%25-50% shares · 25-50% voting21/12/2018

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Holding company · KA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A.D.DEWAR PROPERTIES LTD→
SC853235 · est 2025 · no financials extracted
———————
ALL GENERATIONS LTD→
SC544924 · est 2016 · no financials extracted
————9y——
BLASTCO LIMITED→
SC309911 · est 2006 · no financials extracted
————19y——
BROCKLOCH HOLDINGS LTD→
SC863344 · est 2025 · no financials extracted
———————
CLYDECO LIMITED→
SC436499 · est 2012 · no financials extracted
————13y——
CLYDEX LIMITED→
SC438743 · est 2012 · no financials extracted
————13y——
CORE SYSTEMS HOLDINGS LIMITED→
SC745485 · est 2022 · no financials extracted
————3y——
CRAIGIE MILL LIMITED→
SC533295 · est 2016 · no financials extracted
————9y——
D & S P INVESTMENTS→
SC744228 · est 2022 · no financials extracted
————3y——
DAWSON HOLDINGS CORPORATION LIMITED→
SC769990 · est 2023 · no financials extracted
————2y——
DEA DESIGN LTD→
SC840485 · est 2025 · no financials extracted
————1y——
DEBORAH JAMES GROUP LTD→
SC855816 · est 2025 · no financials extracted
———————
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
Incorporated2018-12-21
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

34a Ottoline Drive
Troon
KA10 7AW
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-03
Last: 2025-12-20

Officers (2 active · 0 resigned)

JOHNSTONE, Kathleen→
director · ~62y · appointed 2019-03-01
View their other companies + combined net worth →
Active
JOHNSTONE, Richard Bell→
director · ~62y · appointed 2018-12-21
View their other companies + combined net worth →
Active

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

Recent filings (22 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-20
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2022-12-05
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2022-12-05
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2022-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-04-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-21