CALLANISH LIMITED
⚰️Wound downdissolved
SC095286 · ltd · incorporated 1985-09-27
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
45/100
Watch
What this business does
Primary activity: SIC 1541
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 45/100 (watch), bankability 52/100. Strong seller-intent signal (63/100). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (30/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
6 live charges · 3 lenders · oldest 39.9y
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 39.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: low (49/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
20 officers (2 active, 20 linked, 14 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
104 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
45/100Watch
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
100
Good data coverage for analysis.
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 (72 events)Click to expand
- 2020-02-04⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2020-02-04🏁Company dissolved
- 2019-11-04⚠️liquidation-compulsory-return-final-meeting-court-scotlandinsolvency · WU15(Scot)
- 2012-08-31📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2002-01-04⚠️liquidation-compulsory-appointment-provisional-liquidator-scotlandinsolvency · 4.9(Scot)
- 2001-11-30⚠️liquidation-compulsory-appointment-provisional-liquidator-scotlandinsolvency · 4.9(Scot)
- 2001-11-28⚠️liquidation-compulsory-notice-winding-up-scotlandinsolvency · CO4.2(Scot)
- 2001-11-28⚠️liquidation-compulsory-winding-up-order-scotlandinsolvency · 4.2(Scot)
- 2001-11-28📍legacyaddress · 287
- 2001-10-29📄legacyofficers · 288b
- 2001-10-29📄legacyofficers · 288b
- 2001-10-29📄legacyofficers · 288b
- 2001-10-29📄legacyofficers · 288a
- 2001-10-29📄legacyofficers · 288a
- 2001-08-16➖LAFFERTY, Gerard resignedsecretary
- 2001-08-16➖LAFFERTY, Gerard resigneddirector
- 2001-08-16➖LAWTHER, William Michael resigneddirector
- 2001-08-16➖SELKIRK, Alastair Brereton, Doctor resigneddirector
- 2001-08-15➕SCOTIA HOLDINGS PLC appointedcorporate-secretary
- 2001-08-15➕SCOTIA HOLDINGS PLC appointedcorporate-director
- 2001-01-11📄legacyannual-return · 363s
- 2000-04-25📄accounts-with-accounts-type-fullaccounts · AA
- 2000-01-14📄legacyannual-return · 363a
- 2000-01-14📄legacycapital · 88(2)R
- 2000-01-14📄legacycapital · 123
- 2000-01-14📄resolutionresolution · RESOLUTIONS
- 2000-01-14📄resolutionresolution · RESOLUTIONS
- 1999-09-02📄legacyofficers · 288a
- 1999-09-02📄legacyofficers · 288b
- 1999-07-22➖MANKU, Mehar Singh resigneddirector
- 1999-07-22➕SELKIRK, Alastair Brereton, Doctor appointeddirector
- 1999-06-30📄accounts-with-accounts-type-fullaccounts · AA
- 1999-01-19📄legacyannual-return · 363a
- 1999-01-19📄legacyannual-return · 363(353)
- 1998-07-31🔓Charge satisfied #8
- 1998-06-30➖CLARKSON, Sherri Margaret resigneddirector
- 1998-05-21➕LAFFERTY, Gerard appointedsecretary
- 1998-05-21➖MARR, Catriona Frances resignedsecretary
- 1998-03-31➖HORROBIN, David Frederick, Dr resigneddirector
- 1997-12-02➖MATHESON, Alexander resigneddirector
- 1997-06-20➖ILLINGWORTH, Michael, Dr resigneddirector
- 1996-05-29➖KENNEDY, John Alexander resigneddirector
- 1996-05-29➖STEWART, John Charles Marshall resigneddirector
- 1995-12-02➕LAFFERTY, Gerard appointeddirector
- 1995-12-01➖CLOUGHLEY, John Boden, Dr resigneddirector
- 1994-12-21➕ILLINGWORTH, Michael, Dr appointeddirector
- 1994-10-31➖CARROLL, Michael Joseph John resigneddirector
- 1994-06-09🔓Charge satisfied #7
- 1994-05-03🔓Charge satisfied #4
- 1994-04-19🔓Charge satisfied #3
Showing most recent 50 of 72 events
Owner dependency
85/100
Critical — business is the founderThe 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 25 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 41 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 dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2020-02-04
6 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2020-02-04: gazette-dissolved-liquidation; 2019-11-04: liquidation-compulsory-return-final-meeting-court-scotland
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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 →Similar companies
Active · Manufacturing · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CALEDONIAN PLYWOOD COMPANY LTD.→ SC195444 · est 1999 | £6.46M £5.02M–£7.89M | — | — | 8100 | 27y | 85 | 72y |
| PITREAVIE PACKAGING LIMITED→ SC290452 · est 2005 | £4.66M £3.63M–£5.70M | £24.98M | — | 15700 | 20y | 84 | 70y |
| PCT GROUP SALES LIMITED→ SC075642 · est 1981 | £3.56M £2.77M–£4.35M | — | — | 77 | 44y | 85 | 83y |
| PROMAT BD LIMITED→ SC208370 · est 2000 | £3.41M £2.65M–£4.17M | — | — | 8500 | 25y | 87 | 70y |
| KELVINSIDE ELECTRONICS LIMITED→ SC105407 · est 1987 | £3.30M £2.57M–£4.03M | — | — | 57 | 38y | 84 | 65y |
| INDEPENDENT GLASS COMPANY LIMITED→ SC107294 · est 1987 | £2.83M £2.20M–£3.46M | — | — | 21800 | 38y | 85 | 79y |
| THOMAS TUNNOCK LIMITED→ SC028747 · est 1952 | £2.26M £1.76M–£2.76M | — | — | 653 | 74y | 85 | 93y |
| SAMTEC (EUROPE) LIMITED→ SC096674 · est 1986 | £1.51M £1.17M–£1.84M | — | — | 2700 | 40y | 85 | 65y |
| SOAPWORKS LIMITED→ SC388292 · est 2010 | £817.8k £636.1k–£999.6k | £11.53M | — | 10300 | 15y | 84 | 62y |
| WALKI LIMITED→ SC014320 · est 1926 | £439.3k £341.7k–£536.9k | — | — | 35 | 99y | 94 | 61y |
| LINIAN SUPPLY CO. LIMITED→ SC246119 · est 2003 | — | — | — | 1400 | 23y | 88 | 66y |
| ABBA BLINDS LIMITED→ SC089820 · est 1984 | — | — | £475.9k | — | 41y | 83 | 70y |
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
Statusdissolved
Typeltd
Incorporated1985-09-27
Jurisdictionscotland
Primary SIC1541 — SIC 1541
Registered office
G1 5 George Square
Glasgow
G2 1DY
Filing status
Accounts
Next due: —
Last made up to: 1999-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 18 resigned)
SCOTIA HOLDINGS PLC→
Activecorporate-secretary · appointed 2001-08-15
View their other companies + combined net worth →
SCOTIA HOLDINGS PLC→
Activecorporate-director · appointed 2001-08-15
View their other companies + combined net worth →
LAFFERTY, Gerard→
Resignedsecretary · appointed 1998-05-21 · resigned 2001-08-16
MACKAY, John Murdo Reid→
Resignedsecretary · resigned 1991-02-08
MARR, Catriona Frances→
Resignedsecretary · appointed 1991-12-05 · resigned 1998-05-21
WETMORE, Stephen Gerald→
Resignedsecretary · appointed 1991-02-08 · resigned 1991-12-05
CARROLL, Michael Joseph John→
Resigneddirector · ~75y · appointed 1991-12-05 · resigned 1994-10-31
CLARKSON, Sherri Margaret→
Resigneddirector · ~81y · appointed 1990-05-18 · resigned 1998-06-30
CLOUGHLEY, John Boden, Dr→
Resigneddirector · ~76y · appointed 1990-05-18 · resigned 1995-12-01
HORROBIN, David Frederick, Dr→
Resigneddirector · ~87y · resigned 1998-03-31
ILLINGWORTH, Michael, Dr→
Resigneddirector · ~90y · appointed 1994-12-21 · resigned 1997-06-20
KENNEDY, John Alexander→
Resigneddirector · ~80y · appointed 1990-05-18 · resigned 1996-05-29
LAFFERTY, Gerard→
Resigneddirector · ~69y · appointed 1995-12-02 · resigned 2001-08-16
LAWTHER, William Michael→
Resigneddirector · ~69y · appointed 1991-12-05 · resigned 2001-08-16
MACLEOD, Calum Alexander, Dr→
Resigneddirector · ~91y · resigned 1993-06-30
MANKU, Mehar Singh→
Resigneddirector · ~78y · appointed 1990-05-18 · resigned 1999-07-22
MATHESON, Alexander→
Resigneddirector · ~85y · appointed 1994-02-24 · resigned 1997-12-02
SELKIRK, Alastair Brereton, Doctor→
Resigneddirector · ~81y · appointed 1999-07-22 · resigned 2001-08-16
STEWART, John Charles Marshall→
Resigneddirector · ~83y · resigned 1996-05-29
WETMORE, Stephen Gerald→
Resigneddirector · ~74y · resigned 1991-12-05
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | Floating charge | 1 property | 16/03/1993 | 31/07/1998 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 19/09/1988 | 09/06/1994 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 20/11/1986 | 03/05/1994 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 22/09/1986 | 19/04/1994 | |
| satisfied | The Highlands and Islands Development Board | Standard security | 1 property | 22/09/1986 | 19/04/1994 | |
| satisfied | The Highlands and Islands Development Board | Instrument of charge | 1 property | 29/07/1986 | 19/04/1994 |
Recent filings (104 total)
gazette-dissolved-liquidation
gazette · GAZ2
2020-02-04
liquidation-compulsory-return-final-meeting-court-scotland
insolvency · WU15(Scot)
2019-11-04
change-registered-office-address-company-with-date-old-address
address · AD01
2012-08-31
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
2002-01-04
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
2001-11-30
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
2001-11-28
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
2001-11-28
legacy
address · 287
2001-11-28
legacy
officers · 288b
2001-10-29
legacy
officers · 288b
2001-10-29
legacy
officers · 288b
2001-10-29
legacy
officers · 288a
2001-10-29
legacy
officers · 288a
2001-10-29
legacy
annual-return · 363s
2001-01-11
accounts-with-accounts-type-full
accounts · AA
2000-04-25