THE SALTRAM CLUB LIMITED

⚰️Wound downliquidation
07644599 · ltd · incorporated 2011-05-24
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
year to Dec 2024
Net worth
£390.6k
book net assets
Opportunity
44/100
Watch
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 44/100 (watch), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -71% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (79/100)

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
11 officers (2 active, 11 linked, 10 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
44/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
60
Some acquirability indicators.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £390,556
Cash draining
Cash down 71% YoY
Cash YoY
-71%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1k
↓ 71% YoY
Net Worth
£391k
↑ 1.4% YoY
Current Assets
£45k
↑ 1.4% YoY
Current Liabilities
£0£78k£156k£234k£312k£391kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£440.8k£545.7k
Current assets£45.4k£44.8k
Cash£1.2k£4.2k
Debtors£44.2k£40.6k
Net assets£390.6k£385.1k

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

🔒Filing-note intelligence

2 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2025-11-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-11-25
    ⚠️
    liquidation-voluntary-declaration-of-solvency
    insolvency · LIQ01
  3. 2025-11-25
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  4. 2025-11-25
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2025-11-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-11-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-11-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-11-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-11-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2025-11-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2025-11-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2025-10-05
    WARREN, Richard John resigned
    director
  13. 2025-10-04
    CARLTON, Stuart resigned
    director
  14. 2025-10-04
    FRASER, Alan Ferguson resigned
    director
  15. 2025-10-04
    MILLS, David resigned
    director
  16. 2025-10-04
    SEARLE, Graeme Stephen resigned
    director
  17. 2025-10-04
    YEARLING, Stephen Harold resigned
    director
  18. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2024-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2023-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2023-06-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2023-06-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2023-06-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2023-06-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  25. 2023-06-06
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  26. 2022-08-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  27. 2022-06-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  28. 2021-11-11
    WILSON, Kenneth resigned
    director
  29. 2019-09-01
    MILLS, Clifford resigned
    director
  30. 2019-09-01
    MILLS, David appointed
    director
  31. 2013-09-30
    WARREN, Richard John appointed
    director
  32. 2013-09-30
    YEARLING, Stephen Harold appointed
    director
  33. 2013-09-30
    YOUNG, Kenneth Michael resigned
    director
  34. 2011-05-24
    🏢
    Company incorporated
    As THE SALTRAM CLUB LIMITED
  35. 2011-05-24
    CAVANAGH, Stephen Edward appointed
    secretary
  36. 2011-05-24
    CAVANAGH, Stephen Edward appointed
    director
  37. 2011-05-24
    CARLTON, Stuart appointed
    director
  38. 2011-05-24
    FRASER, Alan Ferguson appointed
    director
  39. 2011-05-24
    MILLS, Clifford appointed
    director
  40. 2011-05-24
    SEARLE, Graeme Stephen appointed
    director
  41. 2011-05-24
    WILSON, Kenneth appointed
    director
  42. 2011-05-24
    YOUNG, Kenneth Michael appointed
    director

Owner dependency

85/100
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.
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 15 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

2 high · 1 med ·
Company in liquidation
high

Company is actively being wound up. Not a going concern.

2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-11-25: liquidation-voluntary-declaration-of-solvency; 2025-11-25: liquidation-voluntary-appointment-of-liquidator

6 director resignations in last 12 months
medium

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

Evidence: CARLTON, Stuart resigned 2025-10-04; FRASER, Alan Ferguson resigned 2025-10-04; MILLS, David resigned 2025-10-04

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Stephen Edward Cavanagh
Individual · British · DOB 03/1977 · age 49
75100%
75–100%75-100% shares · 75-100% voting01/07/2016

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

10 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

Statusliquidation
Typeltd
Incorporated2011-05-24
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Brailey Hicks 13 Reynolds Park
Plympton
Plymouth
Devon
PL7 4FE

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-28
Last: 2025-11-14

Officers (2 active · 9 resigned)

CAVANAGH, Stephen Edward
secretary · appointed 2011-05-24
View their other companies + combined net worth →
Active
CAVANAGH, Stephen Edward
director · ~49y · appointed 2011-05-24
View their other companies + combined net worth →
Active
CARLTON, Stuart
director · ~50y · appointed 2011-05-24 · resigned 2025-10-04
Resigned
FRASER, Alan Ferguson
director · ~71y · appointed 2011-05-24 · resigned 2025-10-04
Resigned
MILLS, Clifford
director · ~87y · appointed 2011-05-24 · resigned 2019-09-01
Resigned
MILLS, David
director · ~77y · appointed 2019-09-01 · resigned 2025-10-04
Resigned
SEARLE, Graeme Stephen
director · ~62y · appointed 2011-05-24 · resigned 2025-10-04
Resigned
WARREN, Richard John
director · ~56y · appointed 2013-09-30 · resigned 2025-10-05
Resigned
WILSON, Kenneth
director · ~77y · appointed 2011-05-24 · resigned 2021-11-11
Resigned
YEARLING, Stephen Harold
director · ~74y · appointed 2013-09-30 · resigned 2025-10-04
Resigned
YOUNG, Kenneth Michael
director · ~72y · appointed 2011-05-24 · resigned 2013-09-30
Resigned

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

Recent filings (59 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-25
liquidation-voluntary-declaration-of-solvency
insolvency · LIQ01
2025-11-25
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2025-11-25
resolution
resolution · RESOLUTIONS
2025-11-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-11
termination-director-company-with-name-termination-date
officers · TM01
2025-11-11
termination-director-company-with-name-termination-date
officers · TM01
2025-11-10
termination-director-company-with-name-termination-date
officers · TM01
2025-11-10
termination-director-company-with-name-termination-date
officers · TM01
2025-11-10
termination-director-company-with-name-termination-date
officers · TM01
2025-11-10
termination-director-company-with-name-termination-date
officers · TM01
2025-11-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27