CANDERRIGG SERVICES LIMITED

💤Zombieactive
SC063543 · ltd · incorporated 1977-11-23
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
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
—
year to Dec 2025
Net worth
£40.0k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 39.0y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 39.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
107 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £39,963
Net assets shrinking
Down £20,620 YoY

Key financials

3 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£40k
↓ 34% YoY
Current Assets
£45k
↓ 26% YoY
Current Liabilities
—
£0£16k£32k£48k£65k£81kDec 2023Dec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-12-312024-12-312023-12-31
Total assets£42.4k£63.2k£83.6k
Current assets£45.4k£61.1k£62.6k
Net assets£40.0k£60.6k£80.8k

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

🔒Filing-note intelligence

1 signal 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 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-05-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-06-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-05-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-05-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-01-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2022-01-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2022-01-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2022-01-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2021-04-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-04-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-04-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-04-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-04-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2016-11-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2016-11-04
    🔓
    Charge satisfied #2
  17. 2016-03-11
    ➖
    MURRAY, Andrew resigned
    director
  18. 2005-06-06
    ➕
    HENDERSON, Lynne appointed
    secretary
  19. 2005-06-06
    ➕
    MURRAY, Iain Douglas appointed
    director
  20. 2005-06-06
    ➖
    MURRAY, Elizabeth resigned
    secretary
  21. 1998-02-16
    ➖
    MURRAY, Ellen resigned
    director
  22. 1998-02-16
    ➖
    MURRAY, John resigned
    director
  23. 1993-06-03
    ➕
    MURRAY, Elizabeth appointed
    secretary
  24. 1993-06-03
    ➖
    MURRAY, Ellen resigned
    secretary
  25. 1988-02-29
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  26. 1987-06-30
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  27. 1977-11-23
    🏢
    Company incorporated
    As CANDERRIGG SERVICES LIMITED

Owner dependency

93/100
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 21 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 49 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Lynne Henderson
Individual · British · DOB 01/1969 · age 57
25–50%
25–50%25-50% shares · 25-50% voting01/01/2022
Iain Douglas Murray
Individual · British · DOB 02/1965 · age 61
25–50%
25–50%25-50% shares · 25-50% voting01/01/2022
Gordon Murray
Individual · British · DOB 08/1972 · age 54
25–50%
25–50%25-50% shares · 25-50% voting01/01/2022
1 historic (ceased) PSC
  • Mrs Elizabeth Murrayceased 01/01/2022· 25-50% shares · 25-50% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1977-11-23
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

339 Lanark Road
Auchenheath
Lanark
ML11 9UU

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-08-14
Last: 2025-07-31

Officers (2 active · 5 resigned)

HENDERSON, Lynne→
secretary · appointed 2005-06-06
View their other companies + combined net worth →
Active
MURRAY, Iain Douglas→
director · ~61y · appointed 2005-06-06
View their other companies + combined net worth →
Active
MURRAY, Elizabeth→
secretary · appointed 1993-06-03 · resigned 2005-06-06
Resigned
MURRAY, Ellen→
secretary · resigned 1993-06-03
Resigned
MURRAY, Andrew→
director · ~83y · resigned 2016-03-11
Resigned
MURRAY, Ellen→
director · ~112y · resigned 1998-02-16
Resigned
MURRAY, John→
director · ~110y · resigned 1998-02-16
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property29/02/198804/11/2016
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property30/06/1987—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (107 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-12
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-01-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-01-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-01-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-12