CALEDONIAN FURNITURE MANUFACTURING LIMITED
🌳Matureactive
SC099458 · ltd · incorporated 1986-06-06
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£617.2k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Manufacture of office and shop furniture
Sector: Manufacturing
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 85/100. Strong seller-intent signal (65/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -43% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 29.5y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 29.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (79/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
122 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
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £617,235
Net assets shrinking
Down £90,160 YoY
Cash draining
Cash down 43% YoY
Cash YoY
-43%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£398k
↓ 43% YoY
Net Worth
£617k
↓ 13% YoY
Current Assets
£728k
↓ 25% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £627.3k | £728.0k |
| Current assets | £727.7k | £968.5k |
| Cash | £398.0k | £696.5k |
| Debtors | £321.1k | £263.5k |
| Net assets | £617.2k | £707.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 persons-with-significant-control
Last 90 days
6
filings
- • 3 persons-with-significant-control
- • 2 officers
- • 1 mortgage
Last 180 days
11
filings
- • 5 persons-with-significant-control
- • 4 officers
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2026-03-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2026-03-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-03-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-03-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-27📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2026-03-26➖FRENCH, Nicholas James Ernest resignedsecretary
- 2026-03-26➖FRENCH, Nicholas James Ernest resigneddirector
- 2026-03-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-10🔓Charge satisfied #1
- 2025-12-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-20📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-20📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-10-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-10-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-10-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-08-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-08🔓Charge satisfied #2
- 2025-07-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-07-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-04-03📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-04-02➕VALENTINE, Carol appointeddirector
- 2024-04-02➖GARCIA - PALMER, Claire resigneddirector
- 2024-04-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-09-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-09-14➕GARCIA - PALMER, Claire appointeddirector
- 2023-09-13➕JENSEN, Andrew appointeddirector
- 2023-07-31➕FRENCH, Nicholas James Ernest appointeddirector
- 2023-07-31➖FRENCH, Robert James resigneddirector
- 2012-06-01➖DOYLE, Morag resignedsecretary
- 2012-06-01➕FRENCH, Nicholas James Ernest appointedsecretary
- 1997-06-27🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1996-11-12🔒Charge registered #1Lender: Royal Bank Invoice Finance Limited
- 1986-06-06🏢Company incorporatedAs CALEDONIAN FURNITURE MANUFACTURING LIMITED
Owner dependency
66/100
High — earn-out structure requiredMaterial 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 59 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: FRENCH, Nicholas James Ernest resigned 2026-03-26; FRENCH, Nicholas James Ernest resigned 2026-03-26
Group structure
Calfurn Group Ltd holds 25-50% — a significant corporate investor but not a controlling parent.
🏛️
Calfurn Group Ltd
Corporate parent
⬇
CALEDONIAN FURNITURE MANUFACTURING LIMITED
This company · SC099458
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Calfurn Group Ltd Corporate entity | — | — | sig. influencesignificant influence | 26/03/2026 |
3 historic (ceased) PSCs
- Mr Nicholas James Ernest Frenchceased 26/03/2026· 25-50% shares
- Mrs Claire Estelle Anne Grcia - Palmerceased 26/03/2026· 25-50% shares
- Mr Robert James Frenchceased 15/07/2025· 75-100% shares
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 →Similar companies
Active · Manufacturing · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DEACON BROTHERS (PRINTERS) LIMITED→ SC029829 · est 1954 · no financials extracted | — | — | — | — | 72y | — | — |
| DMG FLOORCARE LTD→ SC351715 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ELIMATT CONSTRUCTION LTD→ SC749797 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| EMBRAND LTD→ SC868011 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| EPR SCOTLAND LIMITED→ SC147994 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| FEENESSUK LTD→ SC804438 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| FINEST BADGES LIMITED→ SC800666 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| FISNAR EUROPE LTD→ SC379233 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| FLAMEO IT LIMITED→ SC756256 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| FLEMING BUILDINGS LIMITED→ SC049540 · est 1971 · no financials extracted | — | — | — | — | 54y | — | — |
| FLEXIDUCTING.NET LIMITED→ SC533183 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| FLOROSKOUFIS AIR SERVICES LTD→ SC752530 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated1986-06-06
Jurisdictionscotland
Primary SIC31010 — Manufacture of office and shop furniture
Registered office
15-17 Glencryan Road
Glasgow
North Lanarkshire
G67 2UH
Scotland
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-05
Last: 2025-10-22
Officers (2 active · 5 resigned)
JENSEN, Andrew→
Activedirector · ~49y · appointed 2023-09-13
View their other companies + combined net worth →
VALENTINE, Carol→
Activedirector · ~59y · appointed 2024-04-02
View their other companies + combined net worth →
DOYLE, Morag→
Resignedsecretary · resigned 2012-06-01
FRENCH, Nicholas James Ernest→
Resignedsecretary · appointed 2012-06-01 · resigned 2026-03-26
FRENCH, Nicholas James Ernest→
Resigneddirector · ~54y · appointed 2023-07-31 · resigned 2026-03-26
FRENCH, Robert James→
Resigneddirector · ~80y · resigned 2023-07-31
GARCIA - PALMER, Claire→
Resigneddirector · ~52y · appointed 2023-09-14 · resigned 2024-04-02
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 27/06/1997 | 08/08/2025 | |
| satisfied | Royal Bank Invoice Finance Royal Bank Invoice Finance Limited | Floating charge | 1 property | 12/11/1996 | 10/03/2026 |
Recent filings (122 total)
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-03-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-27
termination-director-company-with-name-termination-date
officers · TM01
2026-03-27
termination-secretary-company-with-name-termination-date
officers · TM02
2026-03-27
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-03
change-person-director-company-with-change-date
officers · CH01
2025-11-20
change-person-director-company-with-change-date
officers · CH01
2025-11-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-19