CORE SWING LIMITED

🌿Early-stageactive
SC724322 · ltd · incorporated 2022-02-24
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
£-9.4k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Sports and recreation education
Sector: Education
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 75/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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
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
Network not yet resolved
30
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £9,400
Cash YoY
+12%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
↑ 12% YoY
Net Worth
-£9k
↑ 32% YoY
Current Assets
Current Liabilities
-£14k-£11k-£8k-£4k-£1k£2kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Total assets£-9.4k£-13.7k
Cash£1.8k£1.6k
Net assets£-9.4k£-13.7k

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
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2025-11-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-14
    📄
    legacy
    miscellaneous · RPCH01
  4. 2023-11-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-11-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-02-24
    🏢
    Company incorporated
    As CORE SWING LIMITED
  7. 2022-02-24
    WATT, Alan George appointed
    director
  8. 2022-02-24
    WATT, Amanda Jane appointed
    director
  9. 2022-02-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

81/100
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 67 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • 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
Mr Alan George Watt
Individual · British · DOB 12/1959 · age 67
2550%
25–50%25-50% shares · 25-50% voting24/02/2022
Mrs Amanda Jane Todd
Individual · British · DOB 04/1965 · age 61
2550%
25–50%25-50% shares · 25-50% voting24/02/2022

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

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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
Incorporated2022-02-24
Jurisdictionscotland
Primary SIC85510 — Sports and recreation education

Registered office

25 Wester Hill
Edinburgh
EH10 5XG
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-09
Last: 2026-02-23

Officers (2 active · 0 resigned)

WATT, Alan George
director · ~67y · appointed 2022-02-24
View their other companies + combined net worth →
Active
WATT, Amanda Jane
director · ~61y · appointed 2022-02-24
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-08
legacy
miscellaneous · RPCH01
2023-12-14
change-person-director-company-with-change-date
officers · CH01
2023-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-17
incorporation-company
incorporation · NEWINC
2022-02-24