KELTIC CARE LIMITED
🌳Matureactive
SC170648 · ltd · incorporated 1996-12-13
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£635.6k
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: Other social work activities without accommodation n.e.c.
Sector: Human health & social work
Investor take
PursueActive trading company with a 60-year-old founder — textbook succession opportunity.
Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -57% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (73/100).
🏦
Refinance opportunity
2 live charges · oldest 29.3y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 29.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
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
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
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 · accounting standard not declaredPositive net assets
Net assets £635,592
Net assets shrinking
Down £169,535 YoY
Cash draining
Cash down 57% YoY
Cash YoY
-57%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£171k
↓ 57% YoY
Net Worth
£636k
↓ 21% YoY
Current Assets
£1.1m
↓ 14% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £636.4k | £806.1k |
| Current assets | £1.07M | £1.25M |
| Cash | £170.9k | £393.7k |
| Debtors | £900.6k | £856.2k |
| Net assets | £635.6k | £805.1k |
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
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-07📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-02-07📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-07📄change-person-director-company-with-change-dateofficers · CH01
- 2023-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-04-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-12-22📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2002-10-11➖A'HEARN, David resigneddirector
- 1997-04-07🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 1997-01-10🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1996-12-13🏢Company incorporatedAs KELTIC CARE LIMITED
- 1996-12-13➕REYNOLDS, Michele appointedsecretary
- 1996-12-13➕MCMILLAN, John Ewan appointeddirector
- 1996-12-13➕REYNOLDS, Michele appointeddirector
- 1996-12-13➕A'HEARN, David appointeddirector
Owner dependency
76/100
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.
- +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 29 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Ewan Mcmillan Individual · Scottish · DOB 08/1966 · age 60 | 25–50% | — | 25-50% shares | 06/04/2016 |
Ms Michele Reynolds Individual · British · DOB 09/1966 · age 60 | 25–50% | — | 25-50% shares | 06/04/2016 |
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 →Similar companies
Active · Healthcare & medical · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LIFEWAYS COMMUNITY CARE (INVERNESS) LIMITED→ SC253251 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| LLOYD GRIFFITHS LIMITED→ SC324462 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| NESSIE'S NURSERY LTD→ SC666796 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| PHYSIO INVERNESS LIMITED→ SC454559 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| PHYSIONESS REHAB LTD→ SC638787 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| RHINDSDALE HOUSE LIMITED→ SC433984 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| SALTAIRE MEDIC LIMITED→ SC728886 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| SATURNÉ MEDICAL AESTHETICS LIMITED→ SC880009 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ST. MODANS CARE HOME LIMITED→ SC086885 · est 1984 · no financials extracted | — | — | — | — | 42y | — | — |
| STEPHENSON J LTD→ SC822952 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| STEPS PODIATRY AND GAIT LTD→ SC827347 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| SUTHERLAND HOUSE CARE LIMITED→ SC873123 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated1996-12-13
Jurisdictionscotland
Primary SIC88990 — Other social work activities without accommodation n.e.c.
Registered office
10 View Place
Inverness
IV2 4SA
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-27
Last: 2025-12-13
Officers (3 active · 1 resigned)
Active
MCMILLAN, John Ewan→
Activedirector · ~60y · appointed 1996-12-13
View their other companies + combined net worth →
REYNOLDS, Michele→
Activedirector · ~60y · appointed 1996-12-13
View their other companies + combined net worth →
A'HEARN, David→
Resigneddirector · ~76y · appointed 1996-12-13 · resigned 2002-10-11
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 07/04/1997 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 10/01/1997 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (74 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-30
change-person-secretary-company-with-change-date
officers · CH03
2024-02-07
change-person-director-company-with-change-date
officers · CH01
2024-02-07
change-person-director-company-with-change-date
officers · CH01
2024-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-14