CALEY TIMBER & BUILDING SUPPLIES LIMITED
🌳Matureactive
SC242415 · ltd · incorporated 2003-01-16
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.
Why now
Window opening · medium confidence
More negotiable than before — 1 signals weakening over the last 30 days.
- · Refinance opportunity: too_messy → under_pressure
What changed my view
Last 30 days
Picture worsened over the last 30 days — 1 negative signal vs 0 positive.
- ↓Refinance opportunity: too_messy → under_pressure
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
£2.03M
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 46730
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 67-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
8 live charges · 7 lenders · oldest 23.3y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 23.3 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (87/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
8 officers (4 active, 8 linked, 5 with DOB)
83
Ownership & PSC
4 active PSC(s) of 5 total, 5 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
97 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
77
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 £2,027,672
Net assets shrinking
Down £397,159 YoY
Cash YoY
-19%
Year on year
Key financials
3 years extracted from filed iXBRL accountsCash
£1.3m
↓ 19% YoY
Net Worth
£2.0m
↓ 16% YoY
Current Assets
£2.8m
↓ 7.5% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total assets | £2.20M | £2.67M | £2.75M |
| Current assets | £2.83M | £3.06M | £3.04M |
| Cash | £1.30M | £1.59M | £1.57M |
| Debtors | £980.3k | £911.1k | £968.4k |
| Net assets | £2.03M | £2.42M | £2.54M |
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 (48 events)Click to expand
- 2026-05-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-10-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-05-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-17📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-04-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-31➖MORRISON, Jennifer Jane resignedsecretary
- 2023-03-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-03-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-03-31🔓Charge satisfied #8
- 2023-03-31🔓Charge satisfied #5
- 2022-04-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-11📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2022-04-11📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2022-04-11📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2022-04-11📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2022-04-08📄resolutionresolution · RESOLUTIONS
- 2022-04-07📄memorandum-articlesincorporation · MA
- 2022-04-07📄resolutionresolution · RESOLUTIONS
- 2022-04-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-04-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-04-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-04-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-04-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-03-24➕FORSYTH, Donald Campbell appointeddirector
- 2022-03-24➕URQUHART, Ewan appointeddirector
- 2022-03-24🔒Charge registered #8Lender: Alistair Sim
- 2022-03-24🔒Charge registered #7Lender: Donald John Morrison
- 2022-03-24🔒Charge registered #6Lender: Jennifer Jane Morrison
- 2022-03-24🔒Charge registered #5Lender: Ewan Urquhart
- 2021-12-24🔓Charge satisfied #3
- 2021-12-02🔓Charge satisfied #2
- 2021-09-20🔓Charge satisfied #4
- 2014-11-14🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2014-09-05🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2011-07-12🔓Charge satisfied #1
- 2011-05-24➖MACDONALD, James Alexander resigneddirector
- 2010-05-03➕SIM, Alistair appointeddirector
- 2008-07-11🔒Charge registered #2Lender: Rbs Invoice Finance Limited
- 2003-11-01➕MORRISON, Donald John appointeddirector
- 2003-03-07🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2003-01-16🏢Company incorporatedAs CALEY TIMBER & BUILDING SUPPLIES LIMITED
- 2003-01-16➕MORRISON, Jennifer Jane appointedsecretary
- 2003-01-16➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2003-01-16➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2003-01-16➕MACDONALD, James Alexander appointeddirector
- 2003-01-16➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2003-01-16➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
4 active beneficial owners · dominant holder ≥75% · fragmented| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Archibald Macvicar Individual · British · DOB 04/1959 · age 67 | 75–100% | 75–100% | 75-100% shares · 75-100% voting · trust interest | 28/03/2025 |
Miss Carole Leslie Individual · British · DOB 01/1962 · age 64 | 75–100% | 75–100% | 75-100% shares · 75-100% voting · trust interest | 24/03/2022 |
Mr John Hearmon Individual · British · DOB 07/1952 · age 74 | 75–100% | 75–100% | 75-100% shares · 75-100% voting · trust interest | 24/03/2022 |
Mr Donald John Morrison Individual · British · DOB 12/1959 · age 67 | 75–100% | 75–100% | 75-100% shares · 75-100% voting · trust interest | 06/04/2016 |
1 historic (ceased) PSC
- Jennifer Jane Morrisonceased 24/03/2022· 25-50% shares · 25-50% voting
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 · Wholesale & distribution · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GLEANER LIMITED→ SC030017 · est 1954 | £4.05M £3.04M–£5.06M | — | — | 199 | 72y | 87 | 62y |
| THE WILLIAMSON GROUP LIMITED→ SC032547 · est 1957 | £767.4k £575.6k–£959.3k | — | — | 12300 | 68y | 84 | 62y |
| NORBIT LIMITED→ SC549670 · est 2016 | £509.9k £382.4k–£637.3k | — | — | 700 | 9y | 81 | 59y |
| FRANK NICOL FARM AND GARDEN MACHINERY LIMITED→ SC139585 · est 1992 | — | — | £326.0k | — | 33y | 82 | 87y |
| HIGHLAND CLEARANCE LIMITED→ SC088323 · est 1984 | — | — | — | 300 | 42y | 82 | 76y |
| MACGREGOR INDUSTRIAL SUPPLIES LIMITED→ SC173566 · est 1997 · no financials extracted | — | — | — | — | 29y | 82 | 97y |
| MCLAREN TRACTORS LIMITED→ SC257013 · est 2003 | — | — | — | 1000 | 22y | 82 | 58y |
| MUNRO FRUIT MERCHANTS LTD.→ SC169387 · est 1996 | — | — | £86.3k | — | 29y | 82 | 63y |
| SCRUBVAC CLEANING EQUIPMENT LTD.→ SC231200 · est 2002 | — | — | £113.8k | — | 24y | 82 | 63y |
| SHIELDAIG EXPORT LIMITED→ SC165922 · est 1996 | — | — | £141.4k | — | 30y | 82 | 73y |
| SUTHERLAND GAME AND SHELLFISH LIMITED→ SC206610 · est 2000 | — | — | £1.19M | — | 26y | 82 | 77y |
| C S MACHINERY SALES LTD→ SC485757 · est 2014 | — | — | £521.5k | — | 11y | 80 | 66y |
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
Incorporated2003-01-16
Jurisdictionscotland
Primary SIC46730 — SIC 46730
Registered office
Unit 15
Dalcross Industrial Estate
Inverness
Highland
IV2 7XB
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-01-30
Last: 2026-01-16
Officers (4 active · 4 resigned)
FORSYTH, Donald Campbell→
Activedirector · ~65y · appointed 2022-03-24
View their other companies + combined net worth →
MORRISON, Donald John→
Activedirector · ~67y · appointed 2003-11-01
View their other companies + combined net worth →
SIM, Alistair→
Activedirector · ~66y · appointed 2010-05-03
View their other companies + combined net worth →
URQUHART, Ewan→
Activedirector · ~52y · appointed 2022-03-24
View their other companies + combined net worth →
MORRISON, Jennifer Jane→
Resignedsecretary · appointed 2003-01-16 · resigned 2023-03-31
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2003-01-16 · resigned 2003-01-16
MACDONALD, James Alexander→
Resigneddirector · ~79y · appointed 2003-01-16 · resigned 2011-05-24
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2003-01-16 · resigned 2003-01-16
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
2
Outstanding
2
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Alistair Sim | A registered charge | — | 24/03/2022 | 31/03/2023 | |
| outstanding | Donald John Morrison | A registered charge | — | 24/03/2022 | — | |
| outstanding | Jennifer Jane Morrison | A registered charge | — | 24/03/2022 | — | |
| satisfied | Ewan Urquhart | A registered charge | — | 24/03/2022 | 31/03/2023 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 14/11/2014 | 20/09/2021 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 05/09/2014 | 24/12/2021 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | Floating charge | 1 property | 11/07/2008 | 02/12/2021 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 07/03/2003 | 12/07/2011 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (97 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-20
termination-secretary-company-with-name-termination-date
officers · TM02
2024-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-27
mortgage-satisfy-charge-full
mortgage · MR04
2023-03-31
mortgage-satisfy-charge-full
mortgage · MR04
2023-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-20
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2022-04-11
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2022-04-11