16CS LIMITED

💤Zombieactive
SC692446 · ltd · incorporated 2021-03-16
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 Sept 2024
Net worth
book net assets
Opportunity
73/100
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.

What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 4.1y

20/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Charge age ~4.1 years — mid-life; refi window approaching.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
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£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-152023-09-15
Average employees00

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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-09-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-06-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-06-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-01-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2023-01-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2023-01-30
    🔓
    Charge satisfied #1
  7. 2023-01-25
    🔒
    Charge registered #4
    Lender: Aldermore Bank PLC
  8. 2022-12-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-10-28
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  10. 2022-10-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2022-10-04
    🔒
    Charge registered #3
    Lender: Tsb Bank PLC
  12. 2022-09-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2022-09-07
    🔒
    Charge registered #2
    Lender: Tsb Bank PLC
  14. 2022-03-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2022-03-01
    🔒
    Charge registered #1
    Lender: Aldermore Bank PLC
  16. 2021-08-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  17. 2021-08-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2021-03-16
    🏢
    Company incorporated
    As 16CS LIMITED
  19. 2021-03-16
    SELIM, Ralf Amir appointed
    director
  20. 2021-03-16
    📄
    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 5 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Cfun Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Cfun Limited
Corporate parent · holds 75-100% shares
ultimate parent
16CS LIMITED
This company · SC692446

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
Cfun Limited
Corporate entity
75100%
75-100% shares16/03/2021
1 historic (ceased) PSC
  • Mr Ralf Amir Selimceased 20/08/2021· significant influence

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 · Property · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A J SMITH PROPERTIES LTD
SC527788 · est 2016 · no financials extracted
10y
A.L. CUMMING AND SONS LIMITED
SC427077 · est 2012 · no financials extracted
13y
A.M. DAVIDSON LIMITED
SC222926 · est 2001 · no financials extracted
24y
AC MANAGEMENT SCOT LTD
SC833224 · est 2025 · no financials extracted
1y
ADELANTE VENTURES LIMITED
SC810102 · est 2024 · no financials extracted
1y
AJG PROPERTY VENTURES LTD
SC839669 · est 2025 · no financials extracted
1y
ALASDAIR ANDERSON PROPERTY INVESTMENT LTD
SC869892 · est 2025 · no financials extracted
ALBA ESTATES LIMITED
SC255513 · est 2003 · no financials extracted
22y
ALICO INVEST LIMITED
SC387666 · est 2010 · no financials extracted
15y
ALLAN FOOD SUPPLIES LIMITED
SC347217 · est 2008 · no financials extracted
17y
ALLAN PROPERTIES (SCOTLAND) LTD
SC705574 · est 2021 · no financials extracted
4y
ALMA PROPERTY LIMITED
SC567762 · est 2017 · no financials extracted
8y
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
Incorporated2021-03-16
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Bill Smith Accountants Unit B5, Davidson House
Campus 1, Aberdeen Innovation Park
Balgownie Road, Bridge Of Don
Aberdeen
AB22 8GT
Scotland

Filing status

Accounts
Next due: 2026-06-15
Last made up to: 2024-09-15
Confirmation statement
Next due: 2027-03-29
Last: 2026-03-15

Officers (1 active · 0 resigned)

SELIM, Ralf Amir
director · ~49y · appointed 2021-03-16
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
3
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Aldermore
Aldermore Bank PLC
A registered charge8 properties25/01/2023
outstanding
Lloyds Banking Group
Tsb Bank PLC
A registered charge1 property04/10/2022
outstanding
Lloyds Banking Group
Tsb Bank PLC
A registered charge07/09/2022
satisfied
Aldermore
Aldermore Bank PLC
A registered charge1 property01/03/202230/01/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (18 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-21
mortgage-satisfy-charge-full
mortgage · MR04
2023-01-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-01-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-15
change-account-reference-date-company-previous-extended
accounts · AA01
2022-10-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-10-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-03-01