CHARLESTON QUALITY JOINERY LIMITED
Opportunity 56/100 (worth a look), bankability 52/100. Strong seller-intent signal (88/100, director aged 77). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (38/100).
Refinance opportunity
5 live charges · 3 lenders · oldest 43.4y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 43.4 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: low (53/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (62 events)Click to expand
- 2013-01-08📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2013-01-08🏁Company dissolved
- 2012-09-18📄gazette-notice-voluntarygazette · GAZ1(A)
- 2012-09-06📄dissolution-application-strike-off-companydissolution · DS01
- 2012-08-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-05-23📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2012-05-16➖SMYTH, Pamela June resignedsecretary
- 2011-09-28📄change-person-director-company-with-change-dateofficers · CH01
- 2011-08-16📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-08-16📄change-person-secretary-company-with-change-dateofficers · CH03
- 2011-08-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-09-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-09-24📄appoint-person-director-company-with-nameofficers · AP01
- 2010-09-20📄termination-director-company-with-nameofficers · TM01
- 2010-08-27➕RICHARDS, John Steel appointeddirector
- 2010-08-27➖MACKIE, Robin Smith resigneddirector
- 2010-08-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-06-04📄change-person-director-company-with-change-dateofficers · CH01
- 2009-09-07📄accounts-with-made-up-dateaccounts · AA
- 2009-08-28📄legacyannual-return · 363a
- 2008-10-21📄accounts-with-made-up-dateaccounts · AA
- 2008-09-23📄legacyannual-return · 363a
- 2007-12-14📄legacyofficers · 288c
- 2007-08-21📄legacyannual-return · 363a
- 2007-08-02📄accounts-with-made-up-dateaccounts · AA
- 2006-08-25📄legacyannual-return · 363a
- 2006-07-18📄accounts-with-made-up-dateaccounts · AA
- 2005-12-20📄legacyofficers · 288c
- 2005-08-11📄legacyannual-return · 363a
- 2002-08-30➖MACKINNON, Iain Lachlan resignedsecretary
- 2002-08-30➕SMYTH, Pamela June appointedsecretary
- 2002-01-21➖DONALDSON, Euan James resignedsecretary
- 2002-01-21➕MACKINNON, Iain Lachlan appointedsecretary
- 2001-04-30➖KELLY, Niven Charles Tait resigneddirector
- 2001-04-30➕MACKIE, Robin Smith appointeddirector
- 1999-04-27🔓Charge satisfied #5
- 1999-04-27🔓Charge satisfied #4
- 1999-04-27🔓Charge satisfied #3
- 1996-04-12➖GUY, Brian resigneddirector
- 1996-04-12➕KELLY, Niven Charles Tait appointeddirector
- 1995-09-29➕MILLER, Keith Manson appointeddirector
- 1995-09-29➖SHAW, John Clifford Barratt resigneddirector
- 1994-12-01➕DONALDSON, Euan James appointedsecretary
- 1994-11-30➖LAWSON, Gordon Kenneth resignedsecretary
- 1994-04-29➖SCOTT, Graeme Ronald Crawford resigneddirector
- 1993-01-11➕SCOTT, Graeme Ronald Crawford appointeddirector
- 1992-09-30➕SHAW, John Clifford Barratt appointeddirector
- 1992-09-30➖WILLIAMSON, Michael Roy resigneddirector
- 1992-08-10🔓Charge satisfied #1
- 1992-07-30➕LAWSON, Gordon Kenneth appointedsecretary
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 77 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 45 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high · 1 med ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2013-01-08
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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9 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 →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
Registered office
Filing status
Officers (0 active · 14 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Midland Bank Midland Bank PLC | Charge | 3 properties | 13/05/1991 | 27/04/1999 | |
| satisfied | Midland Bank Midland Bank PLC | Charge | 1 property | 15/04/1986 | 27/04/1999 | |
| satisfied | Midland Bank Midland Bank PLC | Charge | 1 property | 30/11/1983 | 27/04/1999 | |
| satisfied | United Domonions Trust United Domonions Trust Limited | Legal charge | 1 property | 24/03/1983 | 07/04/1992 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee and debenture | 1 property | 10/02/1983 | 10/08/1992 |