CARTER CEILINGS LIMITED
Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (65/100, 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
3 live charges · 2 lenders · oldest 45.2y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 45.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £106.0k | £111.7k |
| Current assets | £771.2k | £558.0k |
| Cash | £183.5k | £209.9k |
| Debtors | £319.3k | £331.8k |
| Net assets | £93.6k | £88.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (26 events)Click to expand
- 2025-11-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-11-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-11-21📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-01-06📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-09-19📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-01-07📄annual-return-company-with-made-up-dateannual-return · AR01
- 2014-10-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-02-03🔓Charge satisfied #1
- 2010-12-20🔒Charge registered #3Lender: Clydesdale Bank PLC
- 2005-02-28➕MILLER, Louise Elizabeth appointedsecretary
- 2005-02-28➖MILLER, Niall James Milligan resignedsecretary
- 2005-02-28➖CARTER, Christopher Kevin resigneddirector
- 1990-07-31➖CARTER, Anna Margaret resignedsecretary
- 1990-04-22➖CARTER, Anna Margaret resigneddirector
- 1989-02-22🔓Charge satisfied #2
- 1988-01-14🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1981-02-17🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1978-02-27🏢Company incorporatedAs CARTER CEILINGS LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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.
- secondaryStable-but-static management: Company is 48 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanGroup structure
Niall J.M. Miller (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Niall J.M. Miller (Holdings) Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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 (2 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 20/12/2010 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 14/01/1988 | 22/02/1989 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 17/02/1981 | 03/02/2011 |