CALA HOMES (EAST) LIMITED

🌳Matureactive
SC053746 · ltd · incorporated 1973-08-01
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
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
78/100
Strong
🔔
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What this business does

Day-to-day operations likely centre on developing and building residential properties and associated civil engineering projects in Scotland, operating as part of the wider CALA Homes group, with recent filings reflecting active board-level changes consistent with an operational construction and housebuilding business.

Primary activity: Construction of domestic buildings
Sector: Construction
ALSO REGISTERED FOR
  • 42990Construction of other civil engineering projects n.e.c.
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (60/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

20 live charges · 5 lenders · oldest 47.6y

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 47.6 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 53/100 (high).

Data confidence

Overall: medium (57/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
20 charges (20/20 with lender, 20/20 with type)
90
Directors & officers
54 officers (10 active, 54 linked, 52 with DOB)
89
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
274 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
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
1
filing
  • 1 officers
Last 90 days
3
filings
  • 3 officers
Last 180 days
9
filings
  • 9 officers
Counts from Companies House filing history.
Corporate timeline (157 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. 2026-03-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2026-03-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2026-03-01
    CRAIG, Ewan Douglas appointed
    director
  6. 2026-02-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2026-01-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-12-31
    MCCULLOCH, Philip David resigned
    director
  9. 2025-12-15
    NICHOLSON, Thomas Marshall appointed
    director
  10. 2025-12-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2025-12-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2025-12-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2025-11-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2025-11-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2025-11-12
    JOHNSON, Gordon Robert resigned
    director
  16. 2025-09-01
    STODDART, Neil John resigned
    director
  17. 2025-09-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2025-08-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2025-08-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2025-06-30
    RICE, Michael Daniel appointed
    director
  21. 2025-01-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2025-01-01
    JOHNSON, Gordon Robert appointed
    director
  23. 2024-09-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  24. 2024-06-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2024-06-03
    CARRIGAN, Elaine appointed
    director
  26. 2024-04-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  27. 2024-03-29
    HOGG, Philip John resigned
    director
  28. 2024-02-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  29. 2024-01-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  30. 2024-01-01
    POPE, Gavin Michael resigned
    director
  31. 2024-01-01
    TAIT, Gillian resigned
    director
  32. 2023-08-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  33. 2023-08-07
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  34. 2023-08-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  35. 2023-07-30
    MOSS, Fraser Arthur James resigned
    director
  36. 2023-07-01
    CRAIG, Gordon Graham appointed
    director
  37. 2022-08-31
    TOLAND, Neal resigned
    director
  38. 2022-08-29
    HIGGINS, James appointed
    director
  39. 2022-01-01
    MCCULLOCH, Philip David appointed
    director
  40. 2021-12-31
    MITCHELL, Thomas resigned
    director
  41. 2020-07-03
    MCGRATH, David Thomas resigned
    director
  42. 2020-01-01
    TOLAND, Neal appointed
    director
  43. 2019-12-31
    JOHNSON, Brian resigned
    director
  44. 2019-03-12
    🔓
    Charge satisfied #20
  45. 2019-03-12
    🔓
    Charge satisfied #19
  46. 2019-03-12
    🔓
    Charge satisfied #18
  47. 2019-03-12
    🔓
    Charge satisfied #17
  48. 2019-03-12
    🔓
    Charge satisfied #16
  49. 2019-03-12
    🔓
    Charge satisfied #13
  50. 2018-10-31
    REID, John Graham Gunn resigned
    director
Showing most recent 50 of 157 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
  • -9 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

53/100
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.
  • secondary12+ year tenure: Director in role 16 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 med ·
4 director resignations in last 12 months
medium

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

Evidence: JOHNSON, Gordon Robert resigned 2025-11-12; MCCULLOCH, Philip David resigned 2025-12-31; STODDART, Neil John resigned 2025-09-01

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

🏛️
Cala Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
CALA HOMES (EAST) LIMITED
This company · SC053746

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 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

6 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
Incorporated1973-08-01
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings

Registered office

Johnstone House
52-54 Rose Street
Aberdeen
AB10 1HA

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 (10 active · 44 resigned)

LEDGE SERVICES LIMITED
corporate-secretary · appointed 2006-04-01
View their other companies + combined net worth →
Active
CARRIGAN, Elaine
director · ~51y · appointed 2024-06-03
View their other companies + combined net worth →
Active
CRAIG, Ewan Douglas
director · ~33y · appointed 2026-03-01
View their other companies + combined net worth →
Active
CRAIG, Gordon Graham
director · ~46y · appointed 2023-07-01
View their other companies + combined net worth →
Active
HAMILTON, Derek Alexander
director · ~55y · appointed 2011-08-24
View their other companies + combined net worth →
Active
HIGGINS, James
director · ~50y · appointed 2022-08-29
View their other companies + combined net worth →
Active
LAWSON, Derek
director · ~53y · appointed 2010-01-28
View their other companies + combined net worth →
Active
LYNES, Craig
director · ~45y · appointed 2011-08-24
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
LEDINGHAM CHALMERS LLP
corporate-secretary · appointed 1988-11-09 · resigned 2006-04-01
Resigned
ALLISON, Glen Fraser Whyte
director · ~70y · resigned 1989-05-12
Resigned
BALL, Geoffrey Arthur
director · ~83y · appointed 1991-09-18 · resigned 2004-11-04
Resigned
BROWN, Alan Duke
director · ~66y · appointed 2008-12-03 · resigned 2018-04-30
Resigned
CASSIE, John Robert
director · ~62y · appointed 1996-07-01 · resigned 2000-10-13
Resigned
DAVIDSON, Iain Cameron
director · ~67y · appointed 1991-04-16 · resigned 1992-11-16
Resigned
DICK, Robert John Westwater
director · ~71y · appointed 1995-05-24 · resigned 2002-04-26
Resigned
DOWNIE, Alan Wood
director · ~76y · resigned 2009-12-16
Resigned
FRESHNEY, Michael John
director · ~83y · appointed 2010-01-28 · resigned 2013-06-30
Resigned
GILL, David John, Mr.
director · ~76y · appointed 1991-04-16 · resigned 2001-09-17
Resigned

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

Mortgages & charges

20
Total charges
0
Outstanding
0
Active lenders
Status:Lender:20 of 20 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge09/10/201412/03/2019
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 charge18/12/201312/03/2019
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 charge18/12/201312/03/2019
satisfied
Lloyds Banking Group
Bank of Scotland PLC
English deed of confirmation1 property18/03/201312/03/2019
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Scottish deed of confirmation1 property18/03/201312/03/2019
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Debenture1 property29/06/201010/05/2014
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Debenture1 property21/12/200910/05/2014
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Bond & floating charge1 property21/12/200912/03/2019
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property14/12/199930/04/2014
satisfied
The British Linen Bank
The British Linen Bank LTD
Standard security1 property19/01/198429/12/1999
satisfied
The British Linen Bank
The British Linen Bank LTD
Standard security1 property23/12/198210/02/2000
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property02/07/198229/12/1999
satisfied
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Standard security1 property01/07/198229/12/1999
satisfied
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Standard security1 property07/06/198210/02/2000
satisfied
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Clydesdale Bank Public Limited Company
Standard security1 property07/06/198229/12/1999
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property20/07/198129/12/1999
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property24/12/198029/12/1999
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property31/01/198029/12/1999
satisfied
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Standard security2 properties15/01/197910/02/2000
satisfied
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Standard security1 property01/11/197829/12/1999

Recent filings (274 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-04-27
change-person-director-company-with-change-date
officers · CH01
2026-03-26
appoint-person-director-company-with-name-date
officers · AP01
2026-03-25
appoint-person-director-company-with-name-date
officers · AP01
2026-02-11
termination-director-company-with-name-termination-date
officers · TM01
2026-01-05
termination-director-company-with-name-termination-date
officers · TM01
2025-12-11
change-person-director-company-with-change-date
officers · CH01
2025-12-03
change-person-director-company-with-change-date
officers · CH01
2025-12-03
change-person-director-company-with-change-date
officers · CH01
2025-11-26
change-person-director-company-with-change-date
officers · CH01
2025-11-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-11
termination-director-company-with-name-termination-date
officers · TM01
2025-09-01
accounts-with-accounts-type-dormant
accounts · AA
2025-08-27
appoint-person-director-company-with-name-date
officers · AP01
2025-08-21
appoint-person-director-company-with-name-date
officers · AP01
2025-01-13