CAITHNESS SCAFFOLDING CONTRACTORS LIMITED

🌳Matureactive
SC177351 · ltd · incorporated 1997-07-18
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 23.2y old — refinance window within 12 months
🔒Estimated value
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Turnover
year to Jul 2025
Net worth
£1.05M
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Scaffold erection
Sector: Construction
Investor take
Pursue
Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 72). 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 (65/100).

🏦

Refinance opportunity

2 live charges · oldest 23.2y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 23.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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 (3 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
95 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 · accounting standard not declared
Positive net assets
Net assets £1,046,294
Cash YoY
+21%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£381k
↑ 21% YoY
Net Worth
£1.0m
↑ 9.0% YoY
Current Assets
£810k
↑ 8.6% YoY
Current Liabilities
£0£209k£419k£628k£837k£1.0mJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Total assets£1.16M£1.08M
Current assets£809.6k£745.4k
Cash£381.2k£315.8k
Debtors£428.3k£429.6k
Net assets£1.05M£960.3k

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 (30 events)Click to expand
  1. 2026-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-06-03
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  4. 2025-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-08-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-06-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-04-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-12-28
    MACLEOD, Terence resigned
    director
  11. 2022-04-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-04-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-05-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2019-05-09
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  16. 2018-10-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2017-07-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2017-06-21
    SIMPSON, James resigned
    director
  20. 2012-10-11
    MCGOOKIN, Nigel appointed
    director
  21. 2003-02-24
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  22. 2002-11-18
    MACLEOD, Dennis Robert appointed
    director
  23. 1997-08-07
    MACLEOD, Audrey appointed
    secretary
  24. 1997-08-07
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  25. 1997-08-07
    MACLEOD, Terence appointed
    director
  26. 1997-08-07
    SIMPSON, James appointed
    director
  27. 1997-08-07
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  28. 1997-07-18
    🏢
    Company incorporated
    As CAITHNESS SCAFFOLDING CONTRACTORS LIMITED
  29. 1997-07-18
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  30. 1997-07-18
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

83/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

96/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 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

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

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Denis Robert Macleod
Individual · British · DOB 09/1957 · age 69
sig. influencesignificant influence20/07/2017

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 →

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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
Incorporated1997-07-18
Jurisdictionscotland
Primary SIC43991 — Scaffold erection

Registered office

7c Ormlie Industrial Estate
Thurso
Caithness
KW14 7QU
Scotland

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-08-01
Last: 2025-07-18

Officers (3 active · 4 resigned)

MACLEOD, Audrey
secretary · appointed 1997-08-07
View their other companies + combined net worth →
Active
MACLEOD, Dennis Robert
director · ~69y · appointed 2002-11-18
View their other companies + combined net worth →
Active
MCGOOKIN, Nigel
director · ~72y · appointed 2012-10-11
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 1997-07-18 · resigned 1997-08-07
Resigned
MACLEOD, Terence
director · ~73y · appointed 1997-08-07 · resigned 2022-12-28
Resigned
SIMPSON, James
director · ~78y · appointed 1997-08-07 · resigned 2017-06-21
Resigned
JORDANS (SCOTLAND) LIMITED
corporate-nominee-director · appointed 1997-07-18 · resigned 1997-08-07
Resigned

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
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property09/05/2019
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property24/02/2003
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (95 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-19
change-person-director-company-with-change-date
officers · CH01
2025-06-03
change-person-secretary-company-with-change-date
officers · CH03
2025-06-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-27
change-person-director-company-with-change-date
officers · CH01
2024-08-08
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-29
termination-director-company-with-name-termination-date
officers · TM01
2023-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-04