CITY & SHIRE ASSET FINANCE LIMITED

🏛️Establishedactive
SC677334 · ltd · incorporated 2020-10-12
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 Jul 2024
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pursue
Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (80/100)

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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
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£0Jul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-07-312023-07-31

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2025-04-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-10-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-05-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-04-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-12-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2022-04-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2020-10-12
    🏢
    Company incorporated
    As CITY & SHIRE ASSET FINANCE LIMITED
  8. 2020-10-12
    MORRISON, Brian Charles appointed
    director
  9. 2020-10-12
    MORRISON, Edwin John appointed
    director
  10. 2020-10-12
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  11. 2020-10-12
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

86/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 71 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • 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.)

Group structure

Morrison Motors (Turriff) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Morrison Motors (Turriff) Limited
Corporate parent · holds 75-100% shares
ultimate parent
CITY & SHIRE ASSET FINANCE LIMITED
This company · SC677334

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Morrison Motors (Turriff) Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting12/10/2020

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

7 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.

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Company details

Statusactive
Typeltd
Incorporated2020-10-12
Jurisdictionscotland
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

Greengates Greengates
Banff Road
Turriff
Aberdeenshire
AB53 5TA
United Kingdom

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10

Officers (2 active · 0 resigned)

MORRISON, Brian Charles
director · ~71y · appointed 2020-10-12
View their other companies + combined net worth →
Active
MORRISON, Edwin John
director · ~69y · appointed 2020-10-12
View their other companies + combined net worth →
Active

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

Recent filings (13 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-17
accounts-with-accounts-type-dormant
accounts · AA
2025-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-02
accounts-with-accounts-type-dormant
accounts · AA
2024-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-21
accounts-with-accounts-type-dormant
accounts · AA
2023-04-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-08
change-person-director-company-with-change-date
officers · CH01
2022-12-08
accounts-with-accounts-type-dormant
accounts · AA
2022-04-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-22
change-account-reference-date-company-current-shortened
accounts · AA01
2020-10-12
incorporation-company
incorporation · NEWINC
2020-10-12