CORAX CONSULTANCY LIMITED

💤Zombieactive
SC624155 · ltd · incorporated 2019-03-12
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 May 2025
Net worth
book net assets
Opportunity
63/100
Worth a look
🔔
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. 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: strategic trade sale (65/100).

Data confidence

Overall: medium (72/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
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.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-31

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
3
filings
  • 1 dissolution
  • 1 officers
  • 1 persons-with-significant-control
Last 90 days
4
filings
  • 1 dissolution
  • 1 officers
  • 1 persons-with-significant-control
Last 180 days
5
filings
  • 2 accounts
  • 1 dissolution
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-04-21
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  2. 2026-04-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-04-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2026-02-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2025-12-04
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  6. 2024-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-04-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-03-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-03-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-03-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-03-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-02-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-03-12
    🏢
    Company incorporated
    As CORAX CONSULTANCY LIMITED
  14. 2019-03-12
    REID, Anthony Alexander appointed
    director
  15. 2019-03-12
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • 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: 2026-03-25

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Anthony Alexander Reid
Individual · British · DOB 02/1970 · age 56
75100%
75–100%75-100% shares · 75-100% voting12/03/2019

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 →

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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
Typeltd
Incorporated2019-03-12
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities

Registered office

14 School Road
Balmullo
St. Andrews
Fife
KY16 0BD
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-03-25OVERDUE
Last: 2025-03-11

Officers (1 active · 0 resigned)

REID, Anthony Alexander
director · ~56y · appointed 2019-03-12
View their other companies + combined net worth →
Active

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

Recent filings (19 total)

dissolution-application-strike-off-company
dissolution · DS01
2026-04-21
change-person-director-company-with-change-date
officers · CH01
2026-04-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-10
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-24
change-account-reference-date-company-previous-extended
accounts · AA01
2025-12-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-11