CDRI LIMITED

🌱Startupactive
SC809906 · ltd · incorporated 2024-05-09
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: SIC 09100
Sector: Mining & quarrying
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), 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: 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).

Data confidence

Overall: medium (58/100)

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
No iXBRL financials extracted
0
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
10 connected companies via shared directors
75
Filing history
8 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
  • 2 accounts
  • 2 other
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2026-01-03
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  2. 2026-01-03
    📄
    legacy
    accounts · PARENT_ACC
  3. 2026-01-03
    📄
    legacy
    other · GUARANTEE2
  4. 2026-01-03
    📄
    legacy
    other · AGREEMENT2
  5. 2025-03-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-01-13
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  7. 2024-05-09
    🏢
    Company incorporated
    As CDRI LIMITED
  8. 2024-05-09
    DAFFORN, Michael James appointed
    director
  9. 2024-05-09
    📄
    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.
  • +Young company: Only 2.0 years old — management layer unlikely to be developed.

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

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

🏛️
Well Integrity Verification Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
CDRI LIMITED
This company · SC809906

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
Well Integrity Verification Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control09/05/2024

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.

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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.

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🔒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
Incorporated2024-05-09
Jurisdictionscotland
Primary SIC09100 — SIC 09100

Registered office

29 Abercrombie Court, Prospect Road
Arnhall Business Park
Westhill
AB32 6FE
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-05-22
Last: 2025-05-08

Officers (1 active · 0 resigned)

DAFFORN, Michael James
director · ~49y · appointed 2024-05-09
View their other companies + combined net worth →
Active

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

Recent filings (8 total)

accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2026-01-03
legacy
accounts · PARENT_ACC
2026-01-03
legacy
other · GUARANTEE2
2026-01-03
legacy
other · AGREEMENT2
2026-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-24
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-01-13
incorporation-company
incorporation · NEWINC
2024-05-09