CORTEX PHYSIOTHERAPY LTD

🌿Early-stageactive
SC793535 · ltd · incorporated 2023-12-28
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 Dec 2025
Net worth
£41.9k
book net assets
Opportunity
71/100
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 human health activities
Sector: Human health & social work
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: medium (76/100)

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
5 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
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
Positive net assets
Net assets £41,901
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£42k
Current Assets
£51k
Current Liabilities
£0£10k£20k£31k£41k£51kDec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-12-312024-12-31
Total assets£57.6k
Current assets£51.2k
Net assets£41.9k

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 accounts
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (6 events)Click to expand
  1. 2026-02-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-28
    🏢
    Company incorporated
    As CORTEX PHYSIOTHERAPY LTD
  4. 2023-12-28
    HARVEY, Dionne Helen Agnes appointed
    director
  5. 2023-12-28
    LEGGE, Iain William appointed
    director
  6. 2023-12-28
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +Young company: Only 2.3 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • 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 Iain William Legge
Individual · Scottish · DOB 07/1995 · age 31
2550%
25–50%board control25-50% shares · 25-50% voting · board control28/12/2023
Miss Dionne Helen Agnes Harvey
Individual · Scottish · DOB 02/1993 · age 33
2550%
25–50%board control25-50% shares · 25-50% voting · board control28/12/2023

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

Similar companies

Active · Healthcare & medical · KA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
GLENLEA MEDICAL AND AESTHETICS LTD
SC778815 · est 2023 · no financials extracted
2y
GRACELAND NURSING HOME LIMITED
SC196946 · est 1999 · no financials extracted
26y
GREYSPACE THERAPY LIMITED
SC844995 · est 2025 · no financials extracted
1y
GRIERSON MEDICO LEGAL LTD
SC809442 · est 2024 · no financials extracted
1y
GSC SHAWLANDS LTD
SC864449 · est 2025 · no financials extracted
GUSBO INVESTMENTS LTD
SC809509 · est 2024 · no financials extracted
1y
HAMISH SIMPSON LTD
SC691507 · est 2021 · no financials extracted
5y
HANSEL FOUNDATION
SC038440 · est 1963 · no financials extracted
63y
HEATHER GWENETH BIRD CONSULTING LTD
SC540235 · est 2016 · no financials extracted
9y
HEATHER LODGE CIC
SC747935 · est 2022 · no financials extracted
3y
HOLISTIC HUSTLE GROUP LTD
SC869745 · est 2025 · no financials extracted
HRM HOMECARE SERVICES LTD.
SC167583 · est 1996 · no financials extracted
29y
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
Incorporated2023-12-28
Jurisdictionscotland
Primary SIC86900 — Other human health activities

Registered office

12 Kirkwall Place
Kilmarnock
KA3 2HQ
Scotland

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-01-10
Last: 2025-12-27

Officers (2 active · 0 resigned)

HARVEY, Dionne Helen Agnes
director · ~33y · appointed 2023-12-28
View their other companies + combined net worth →
Active
LEGGE, Iain William
director · ~31y · appointed 2023-12-28
View their other companies + combined net worth →
Active

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

Recent filings (5 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-27
incorporation-company
incorporation · NEWINC
2023-12-28