THE CALEDONIAN GOLF GROUP LIMITED

⚰️Wound downreceivership
SC184324 · ltd · incorporated 1998-03-30
Investment thesis
Company receivership — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 27.7y old — refinance window within 12 months
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
39/100
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What this business does
Primary activity: SIC 3640
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 39/100 (watch), bankability 25/100. Strong seller-intent signal (78/100, director aged 84). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (30/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

1 live charge · oldest 27.7y

55/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 27.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (48/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 6 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
39/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
13
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 (44 events)Click to expand
  1. 2003-05-09
    ⚠️
    liquidation-receiver-receivers-report-scotland
    insolvency · 3.5(Scot)
  2. 2003-05-09
    ⚠️
    liquidation-receiver-receivers-report-scotland
    insolvency · 3.5(Scot)
  3. 2003-03-04
    ⚠️
    liquidation-receiver-appointment-of-receiver-scotland
    insolvency · 1(Scot)
  4. 2003-02-20
    📍
    legacy
    address · 287
  5. 2002-07-29
    📄
    legacy
    officers · 288a
  6. 2002-07-29
    📄
    legacy
    officers · 288b
  7. 2002-06-18
    📄
    legacy
    officers · 288b
  8. 2002-06-14
    LYCIDAS SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  9. 2002-06-14
    ZURBRIGGEN, Alfred Raymond resigned
    secretary
  10. 2002-06-14
    ZURBRIGGEN, Alfred Raymond resigned
    director
  11. 2002-06-02
    📄
    accounts-with-accounts-type-group
    accounts · AA
  12. 2002-06-02
    📄
    accounts-with-accounts-type-group
    accounts · AA
  13. 2002-04-05
    📄
    legacy
    annual-return · 363s
  14. 2002-03-01
    📄
    legacy
    officers · 288b
  15. 2002-03-01
    📄
    legacy
    officers · 288b
  16. 2002-02-26
    BRANNAN, Robert resigned
    director
  17. 2002-02-13
    📄
    legacy
    accounts · 225
  18. 2002-02-08
    BROWN, David resigned
    director
  19. 2001-05-30
    📄
    accounts-with-accounts-type-medium-group
    accounts · AA
  20. 2001-04-23
    📄
    legacy
    annual-return · 363s
  21. 2000-08-30
    📄
    legacy
    officers · 288a
  22. 2000-08-01
    BROWN, David appointed
    director
  23. 2000-06-30
    📄
    accounts-with-accounts-type-full-group
    accounts · AA
  24. 2000-05-02
    📄
    legacy
    officers · 288a
  25. 2000-05-02
    📄
    legacy
    officers · 288a
  26. 2000-04-21
    📄
    legacy
    annual-return · 363s
  27. 2000-02-29
    HEAD, Richard Stephen Christopher appointed
    director
  28. 2000-02-29
    BRANNAN, Robert appointed
    director
  29. 1999-04-27
    📄
    legacy
    annual-return · 363s
  30. 1999-02-05
    📄
    memorandum-articles
    incorporation · MEM/ARTS
  31. 1999-02-02
    📄
    legacy
    accounts · 225
  32. 1999-01-20
    JOHNSON-HILL, Michael Angrave resigned
    director
  33. 1998-12-30
    📄
    resolution
    resolution · RESOLUTIONS
  34. 1998-10-20
    📄
    memorandum-articles
    incorporation · MEM/ARTS
  35. 1998-09-25
    LUNN, George Michael appointed
    director
  36. 1998-09-25
    ZURBRIGGEN, Alfred Raymond appointed
    secretary
  37. 1998-09-25
    LYCIDAS SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  38. 1998-09-25
    JOHNSON-HILL, Michael Angrave appointed
    director
  39. 1998-09-25
    ZURBRIGGEN, Alfred Raymond appointed
    director
  40. 1998-09-25
    LYCIDAS NOMINEES LIMITED resigned
    corporate-nominee-director
  41. 1998-09-25
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  42. 1998-03-30
    🏢
    Company incorporated
    As THE CALEDONIAN GOLF GROUP LIMITED
  43. 1998-03-30
    LYCIDAS SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  44. 1998-03-30
    LYCIDAS NOMINEES 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 28 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 84 — succession pressure is live.

Succession & seller-readiness

91/100
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 84 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 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2003-11-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2017-04-13

Company status: receivership
high

Company is in a formal insolvency or administration process. Treat accordingly.

3 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2003-05-09: liquidation-receiver-receivers-report-scotland; 2003-05-09: liquidation-receiver-receivers-report-scotland

🔒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

12 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.

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Company details

Statusreceivership
Typeltd
Incorporated1998-03-30
Jurisdictionscotland
Primary SIC3640 — SIC 3640

Registered office

C/O Deloitte & Touche
Saltire Court
20 Castle Terrace
Edinburgh
EH1 0BR

Filing status

Accounts
Next due: 2003-11-30OVERDUE
Last made up to: 2002-01-31
Confirmation statement
Next due: 2017-04-13OVERDUE
Last:

Officers (3 active · 7 resigned)

LYCIDAS SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2002-06-14
View their other companies + combined net worth →
Active
HEAD, Richard Stephen Christopher
director · ~68y · appointed 2000-02-29
View their other companies + combined net worth →
Active
LUNN, George Michael
director · ~84y · appointed 1998-09-25
View their other companies + combined net worth →
Active
ZURBRIGGEN, Alfred Raymond
secretary · appointed 1998-09-25 · resigned 2002-06-14
Resigned
LYCIDAS SECRETARIES LIMITED
corporate-nominee-secretary · appointed 1998-03-30 · resigned 1998-09-25
Resigned
BRANNAN, Robert
director · ~70y · appointed 2000-02-29 · resigned 2002-02-26
Resigned
BROWN, David
director · ~67y · appointed 2000-08-01 · resigned 2002-02-08
Resigned
JOHNSON-HILL, Michael Angrave
director · ~78y · appointed 1998-09-25 · resigned 1999-01-20
Resigned
ZURBRIGGEN, Alfred Raymond
director · ~78y · appointed 1998-09-25 · resigned 2002-06-14
Resigned
LYCIDAS NOMINEES LIMITED
corporate-nominee-director · appointed 1998-03-30 · resigned 1998-09-25
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property25/09/1998
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (42 total)

liquidation-receiver-receivers-report-scotland
insolvency · 3.5(Scot)
2003-05-09
liquidation-receiver-receivers-report-scotland
insolvency · 3.5(Scot)
2003-05-09
liquidation-receiver-appointment-of-receiver-scotland
insolvency · 1(Scot)
2003-03-04
legacy
address · 287
2003-02-20
legacy
officers · 288a
2002-07-29
legacy
officers · 288b
2002-07-29
legacy
officers · 288b
2002-06-18
accounts-with-accounts-type-group
accounts · AA
2002-06-02
accounts-with-accounts-type-group
accounts · AA
2002-06-02
legacy
annual-return · 363s
2002-04-05
legacy
officers · 288b
2002-03-01
legacy
officers · 288b
2002-03-01
legacy
accounts · 225
2002-02-13
accounts-with-accounts-type-medium-group
accounts · AA
2001-05-30
legacy
annual-return · 363s
2001-04-23