CALDER LIMITED

🌳Matureactive
01524351 · ltd · incorporated 1980-10-24
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 Dec 2023
Net worth
£7.67M
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 28990
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 78-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 78). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 10 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

14 live charges · 10 lenders · oldest 44.5y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 44.5 years old — likely at or near maturity.
  • · 10 lenders named — inter-creditor friction likely.
  • · Legal-friction score 50/100 (high).

Data confidence

Overall: medium (72/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
14 officers (4 active, 14 linked, 13 with DOB)
89
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
179 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
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £7,673,038

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£7.7m
Current Assets
£11m
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-12-31
Total assets£8.18M
Current assets£10.92M
Debtors£8.29M
Net assets£7.67M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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 officers
Last 180 days
1
filing
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (65 events)Click to expand
  1. 2026-05-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-04-30
    ELTON, Peter Jeremy resigned
    director
  3. 2026-01-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2026-01-06
    🔒
    Charge registered #14
    Lender: Hsbc UK Bank PLC
  5. 2026-01-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2026-01-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-12-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-12-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  9. 2025-12-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2025-12-22
    SHARP, Stephen appointed
    director
  11. 2025-12-22
    WATKINS, Lee appointed
    director
  12. 2025-12-22
    NORUM, Roy resigned
    director
  13. 2025-05-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2025-02-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2025-02-17
    🔓
    Charge satisfied #12
  16. 2024-09-17
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2023-09-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2022-09-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2022-04-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2022-03-23
    🔒
    Charge registered #13
    Lender: Nordea Bank Abp, Filial I Norge (As Security Agent)
  21. 2022-02-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2022-01-31
    PAULSEN, Steve Stubstad resigned
    director
  23. 2021-10-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  24. 2021-09-15
    📄
    accounts-with-accounts-type-full
    accounts · AA
  25. 2021-07-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  26. 2021-06-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  27. 2021-06-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  28. 2021-05-31
    SÆTA, Øyvind resigned
    director
  29. 2016-05-17
    🔒
    Charge registered #12
    Lender: Nordea Bank Norge Asa for Itself and as Security Agent for Each of the Finance Parties
  30. 2016-03-30
    🔓
    Charge satisfied #11
  31. 2016-03-30
    🔓
    Charge satisfied #10
  32. 2016-03-30
    🔓
    Charge satisfied #9
  33. 2016-03-30
    🔓
    Charge satisfied #8
  34. 2015-10-01
    CALDERPOTTS, Gillian Carmen resigned
    director
  35. 2015-10-01
    ELLIOTT-MOORE, Peter resigned
    director
  36. 2015-10-01
    NORUM, Roy appointed
    director
  37. 2015-10-01
    PAULSEN, Steve Stubstad appointed
    director
  38. 2015-10-01
    SHARP, Stephen John resigned
    director
  39. 2015-10-01
    SÆTA, Øyvind appointed
    director
  40. 2014-09-22
    🔒
    Charge registered #11
    Lender: Hsbc Bank PLC
  41. 2014-08-22
    🔓
    Charge satisfied #6
  42. 2010-11-04
    🔒
    Charge registered #10
    Lender: Hsbc Bank PLC
  43. 2009-10-09
    🔓
    Charge satisfied #7
  44. 2008-10-07
    🔒
    Charge registered #9
    Lender: Hsbc Invoice Finance (UK) LTD (the Security Holder)
  45. 2008-10-07
    🔒
    Charge registered #8
    Lender: Hsbc Invoice Finance (UK) LTD (the Security Holder)
  46. 2008-04-14
    ELTON, Peter Jeremy appointed
    director
  47. 2004-05-27
    CALDERPOTTS, Gillian Carmen appointed
    director
  48. 2003-07-31
    🔒
    Charge registered #7
    Lender: Royal Bank of Scotland Commercial Services Limited
  49. 2002-03-22
    🔓
    Charge satisfied #5
  50. 2002-03-22
    🔓
    Charge satisfied #3
Showing most recent 50 of 65 events

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 78 — succession pressure is live.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.

Red flags

2 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: ELTON, Peter Jeremy resigned 2026-04-30; NORUM, Roy resigned 2025-12-22

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

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

🏛️
Battlewood Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
CALDER LIMITED
This company · 01524351

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
Battlewood Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control22/12/2025
1 historic (ceased) PSC
  • Enflow Asceased 22/12/2025· 75-100% shares

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

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
Incorporated1980-10-24
Jurisdictionengland-wales
Primary SIC28990 — SIC 28990

Registered office

Unit 3 Prescott Drive
Worcester
WR4 9NE

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-09
Last: 2025-09-25

Officers (4 active · 10 resigned)

DAVIES, Sandra
secretary
View their other companies + combined net worth →
Active
CALDERPOTTS, Ian Iago
director · ~78y
View their other companies + combined net worth →
Active
SHARP, Stephen
director · ~58y · appointed 2025-12-22
View their other companies + combined net worth →
Active
WATKINS, Lee
director · ~59y · appointed 2025-12-22
View their other companies + combined net worth →
Active
BIRT, Robert Hugh
director · ~82y · resigned 1993-02-24
Resigned
CALDERPOTTS, Gillian Carmen
director · ~78y · appointed 2004-05-27 · resigned 2015-10-01
Resigned
ELLIOTT-MOORE, Peter
director · ~71y · appointed 2000-07-01 · resigned 2015-10-01
Resigned
ELTON, Peter Jeremy
director · ~75y · appointed 2008-04-14 · resigned 2026-04-30
Resigned
EVANS, Anthony
director · ~72y · resigned 1992-09-30
Resigned
MORGAN, John
director · ~75y · appointed 1993-06-04 · resigned 1995-05-04
Resigned
NORUM, Roy
director · ~71y · appointed 2015-10-01 · resigned 2025-12-22
Resigned
PAULSEN, Steve Stubstad
director · ~55y · appointed 2015-10-01 · resigned 2022-01-31
Resigned
SHARP, Stephen John
director · ~58y · appointed 1998-06-24 · resigned 2015-10-01
Resigned
SÆTA, Øyvind
director · ~52y · appointed 2015-10-01 · resigned 2021-05-31
Resigned

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

Mortgages & charges

14
Total charges
3
Outstanding
3
Active lenders
Status:Lender:14 of 14 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property06/01/2026
outstanding
Nordea Bank Abp, Filial I Norge (As Security Agent)
A registered charge1 property23/03/2022
satisfied
Nordea Bank Norge Asa for Itself and as Security Agent for Each of the Finance Parties
A registered charge17/05/201617/02/2025
satisfied
HSBC
Hsbc Bank PLC
A registered charge1 property22/09/201430/03/2016
satisfied
HSBC
Hsbc Bank PLC
Legal assignment1 property04/11/201030/03/2016
satisfied
HSBC
Hsbc Invoice Finance (UK) LTD (the Security Holder)
Fixed charge on purchased debts which fail to vest1 property07/10/200830/03/2016
satisfied
HSBC
Hsbc Invoice Finance (UK) LTD (the Security Holder)
Floating charge (all assets)1 property07/10/200830/03/2016
satisfied
Lloyds Banking Group
Royal Bank of Scotland Commercial Services Limited
Fixed and floating charge1 property31/07/200309/10/2009
satisfied
Midland Bank
Midland Bank PLC
Debenture1 property13/05/199822/08/2014
satisfied
Barclays
Barclays Bank PLC
Fixed charge supplemental to a debenture dated 7TH december 1989 issued by the company1 property23/01/199622/03/2002
satisfied
Close Brothers
Close Brothers Limited
Credit agreement1 property28/05/199210/05/1993
satisfied
Barclays
Barclays Bank PLC
Debenture1 property07/12/198922/03/2002
satisfied
Williams & Glyns Bank
Williams & Glyns Bank PLC
Debenture1 property25/08/198414/03/1990
outstanding
Midland Bank
Midland Bank PLC
Charge1 property08/02/1982
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (179 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-05-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-06
appoint-person-director-company-with-name-date
officers · AP01
2026-01-05
appoint-person-director-company-with-name-date
officers · AP01
2026-01-05
termination-director-company-with-name-termination-date
officers · TM01
2025-12-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-12-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-01
accounts-with-accounts-type-full
accounts · AA
2025-05-19
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-25
accounts-with-accounts-type-full
accounts · AA
2024-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-12
accounts-with-accounts-type-full
accounts · AA
2023-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-14