CALA LIMITED

🌳Matureactive
SC000610 · ltd · incorporated 1875-03-29
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 62/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

19 live charges · 8 lenders · oldest 52.1y

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 52.1 years old — likely at or near maturity.
  • · 8 lenders named — inter-creditor friction likely.
  • · Legal-friction score 55/100 (high).

Data confidence

Overall: medium (61/100)

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
19 charges (19/19 with lender, 19/19 with type)
90
Directors & officers
22 officers (3 active, 22 linked, 18 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
289 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.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 officers
Last 180 days
2
filings
  • 2 officers
Counts from Companies House filing history.
Corporate timeline (86 events)Click to expand
  1. 2026-04-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-04-23
    WHITAKER, Kevin resigned
    director
  3. 2026-02-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-12-15
    NICHOLSON, Thomas Marshall appointed
    director
  5. 2025-12-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-09-01
    STODDART, Neil John resigned
    director
  7. 2025-09-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-08-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-08-06
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2025-06-30
    RICE, Michael Daniel appointed
    director
  11. 2024-04-26
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2023-06-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2022-08-26
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2021-09-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2021-03-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2020-12-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2019-04-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2019-03-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2019-03-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2019-03-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2019-03-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2019-03-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  23. 2019-03-07
    🔓
    Charge satisfied #18
  24. 2019-03-07
    🔓
    Charge satisfied #17
  25. 2019-03-07
    🔓
    Charge satisfied #16
  26. 2019-03-07
    🔓
    Charge satisfied #15
  27. 2019-03-07
    🔓
    Charge satisfied #14
  28. 2019-03-07
    🔓
    Charge satisfied #13
  29. 2019-03-07
    🔓
    Charge satisfied #12
  30. 2019-03-07
    🔓
    Charge satisfied #11
  31. 2019-03-07
    🔓
    Charge satisfied #10
  32. 2019-03-07
    🔓
    Charge satisfied #9
  33. 2019-03-07
    🔓
    Charge satisfied #8
  34. 2018-10-31
    REID, John Graham Gunn resigned
    director
  35. 2018-08-01
    WHITAKER, Kevin appointed
    director
  36. 2018-07-10
    🔒
    Charge registered #20
    Lender: Bank of Scotland PLC as Security Trustee
  37. 2018-04-30
    BROWN, Alan Duke resigned
    director
  38. 2018-04-30
    STODDART, Neil John appointed
    director
  39. 2017-07-24
    LEDGE SERVICES LIMITED appointed
    corporate-secretary
  40. 2017-07-24
    SIBBALD, Moira Ramsay resigned
    secretary
  41. 2016-01-11
    MILLAR, Robert James resigned
    director
  42. 2015-07-03
    🔒
    Charge registered #19
    Lender: Miller Developments Northern Limited
  43. 2013-12-18
    🔒
    Charge registered #18
    Lender: Bank of Scotland PLC as Agent and Security Trustee for Each of the Senior Creditors (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01).
  44. 2013-12-18
    🔒
    Charge registered #17
    Lender: Bank of Scotland PLC as Agent and Security Trustee for Each of the Senior Creditors (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01).
  45. 2013-12-18
    🔒
    Charge registered #16
    Lender: Bank of Scotland PLC as Agent and Security Trustee for Each of the Secured Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01).
  46. 2013-03-18
    🔒
    Charge registered #15
    Lender: Bank of Scotland PLC
  47. 2013-03-18
    🔒
    Charge registered #14
    Lender: Bank of Scotland PLC
  48. 2013-03-18
    🔒
    Charge registered #13
    Lender: Bank of Scotland PLC
  49. 2010-06-29
    🔒
    Charge registered #12
    Lender: Bank of Scotland PLC
  50. 2010-06-29
    🔒
    Charge registered #11
    Lender: Bank of Scotland PLC
Showing most recent 50 of 86 events

Owner dependency

66/100
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.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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: STODDART, Neil John resigned 2025-09-01; WHITAKER, Kevin resigned 2026-04-23

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

Cala 1999 Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Cala 1999 Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
CALA LIMITED
This company · SC000610

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
Cala 1999 Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

7 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
Incorporated1875-03-29
Jurisdictionscotland
Primary SIC70100 — Activities of head offices

Registered office

Adam House
5 Mid New Cultins
Edinburgh
Midlothian
EH11 4DU

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-23
Last: 2025-11-09

Officers (3 active · 19 resigned)

LEDGE SERVICES LIMITED
corporate-secretary · appointed 2017-07-24
View their other companies + combined net worth →
Active
NICHOLSON, Thomas Marshall
director · ~61y · appointed 2025-12-15
View their other companies + combined net worth →
Active
RICE, Michael Daniel
director · ~43y · appointed 2025-06-30
View their other companies + combined net worth →
Active
MORE, Gerald Campbell
secretary · appointed 1998-04-30 · resigned 2001-07-25
Resigned
SIBBALD, Moira Ramsay
secretary · appointed 2001-07-25 · resigned 2017-07-24
Resigned
LEDINGHAM CHALMERS
corporate-nominee-secretary · resigned 1998-04-30
Resigned
BALL, Geoffrey Arthur
director · ~83y · resigned 2009-12-16
Resigned
BROWN, Alan Duke
director · ~66y · appointed 2009-12-16 · resigned 2018-04-30
Resigned
DICK, Robert John Westwater
director · ~71y · appointed 1990-11-01 · resigned 2008-12-02
Resigned
DOWNIE, Alan Wood
director · ~76y · appointed 1992-09-09 · resigned 2009-12-16
Resigned
GOLDIE, Peter Lawrence
director · ~80y · resigned 1990-10-24
Resigned
HANNA, Ronald George
director · ~84y · resigned 1992-01-31
Resigned
KELLEY, Anthony John
director · ~82y · resigned 1995-12-29
Resigned
LEDINGHAM, Alexander
director · ~95y · resigned 1996-10-23
Resigned
MILLAR, Robert James
director · ~73y · appointed 2009-12-16 · resigned 2016-01-11
Resigned
RAZZALL, Edward Timothy
director · ~83y · resigned 1999-06-08
Resigned
REID, John Graham Gunn
director · ~62y · appointed 2003-03-17 · resigned 2018-10-31
Resigned
ROSIER, Stephen James
director · ~71y · resigned 1991-09-18
Resigned
STODDART, Neil John
director · ~57y · appointed 2018-04-30 · resigned 2025-09-01
Resigned
SUTHERLAND, Donald Gilmour
director · ~86y · appointed 1995-07-01 · resigned 1999-06-08
Resigned

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

Mortgages & charges

19
Total charges
3
Outstanding
2
Active lenders
Status:Lender:19 of 19 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC as Security Trustee
A registered charge1 property10/07/2018
outstanding
Miller Developments Northern
Miller Developments Northern Limited
A registered charge1 property03/07/2015
satisfied
Lloyds Banking Group
Bank of Scotland PLC as Agent and Security Trustee for Each of the Senior Creditors (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01).
A registered charge18/12/201307/03/2019
satisfied
Lloyds Banking Group
Bank of Scotland PLC as Agent and Security Trustee for Each of the Senior Creditors (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01).
A registered charge18/12/201307/03/2019
satisfied
Lloyds Banking Group
Bank of Scotland PLC as Agent and Security Trustee for Each of the Secured Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01).
A registered charge18/12/201307/03/2019
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Scottish deed of confirmation1 property18/03/201307/03/2019
satisfied
Lloyds Banking Group
Bank of Scotland PLC
English deed of confirmation1 property18/03/201307/03/2019
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Scottish deed of confirmation1 property18/03/201307/03/2019
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Share pledge1 property29/06/201007/03/2019
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Debenture1 property29/06/201007/03/2019
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Debenture1 property21/12/200907/03/2019
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Bond & floating charge1 property21/12/200907/03/2019
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Floating charge1 property29/11/200707/03/2019
outstanding
Miller Developments Northern
Miller Developments Northern Limited
Standard security1 property07/11/2002
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property14/12/199907/12/2007
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property24/12/198004/12/1990
satisfied
The British Linen Bank
The British Linen Bank LTD
Standard security1 property16/07/198010/02/2000
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property28/04/198029/07/1980
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property29/05/197429/12/1999
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (289 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-04-27
appoint-person-director-company-with-name-date
officers · AP01
2026-02-11
change-person-director-company-with-change-date
officers · CH01
2025-12-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-17
termination-director-company-with-name-termination-date
officers · TM01
2025-09-01
appoint-person-director-company-with-name-date
officers · AP01
2025-08-21
accounts-with-accounts-type-small
accounts · AA
2025-08-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-13
accounts-with-accounts-type-small
accounts · AA
2024-04-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-09
accounts-with-accounts-type-small
accounts · AA
2023-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-10
accounts-with-accounts-type-small
accounts · AA
2022-08-26
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-09
accounts-with-accounts-type-small
accounts · AA
2021-09-10