CARPET CLEARANCE LIMITED

🌳Matureactive
SC244523 · ltd · incorporated 2003-02-24
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.
Why now
Window closing · high confidence
Getting harder to buy — profile has hardened into "well run hard buy" recently.
  • · Investment thesis: unclassified → well_run_hard_buy
  • · Hygiene score: 62 → 82
  • · Opportunity score: 73 → 82
  • · Bankability: 70 → 80
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 23.0y old — refinance window within 12 months
What changed my view
Last 30 days

Picture improved over the last 30 days — 3 positive signals vs 0 negative.

  • ·Investment thesis: unclassified → well_run_hard_buy
  • ↑Opportunity score: 73 → 82
  • ↑Hygiene score: 62 → 82
  • ↑Bankability: 70 → 80
  • ·Distress / opportunity: exceptional → avoid
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 Mar 2025
Net worth
£120.8k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Retail sale of carpets, rugs, wall and floor coverings in specialised stores
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47599Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 61). 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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 23.0y

65/100
clean up first

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

  • · Oldest live charge is 23.0 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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
60 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 £120,829

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£121k
↑ 33% YoY
Current Assets
£186k
↑ 37% YoY
Current Liabilities
—
£0£37k£74k£112k£149k£186kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£143.4k£106.5k
Current assets£186.1k£135.3k
Net assets£120.8k£90.6k

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 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-03-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-01-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2016-12-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-05-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-12-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-05-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-04-11
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2015-04-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2012-09-26
    ➖
    J.M.SIMPSON & CO resigned
    corporate-secretary
  17. 2003-06-05
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  18. 2003-02-24
    🏢
    Company incorporated
    As CARPET CLEARANCE LIMITED
  19. 2003-02-24
    ➕
    MADDEN, Elizabeth appointed
    director
  20. 2003-02-24
    ➕
    MADDEN, William appointed
    director
  21. 2003-02-24
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  22. 2003-02-24
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  23. 2003-02-24
    ➕
    J.M.SIMPSON & CO appointed
    corporate-secretary
  24. 2003-02-24
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  25. 2003-02-24
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

84/100
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.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • 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 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mrs Elizabeth Madden
Individual · British · DOB 09/1967 · age 59
25–50%
—25-50% shares24/02/2017
Mr William Madden
Individual · British · DOB 08/1965 · age 61
25–50%
—25-50% shares24/02/2017

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 →

Similar companies

Active · Retail · KA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
WILLIAM YOUNG (KILMARNOCK) LIMITED→
SC032275 · est 1957
£2.75M
£2.06M–£3.44M
——5369y8272y
J & W CARPETS LIMITED→
SC362931 · est 2009
£258.4k
£193.8k–£322.9k
——6716y8348y
KIRKMICHAEL VILLAGE RENAISSANCE→
SC376521 · est 2010
——£46.6k—16y8380y
MC STORES LIMITED→
SC387053 · est 2010
——£678.2k—15y8374y
QUEST FARM SUPPLIES LIMITED→
SC362924 · est 2009
——£2.06M—16y8359y
A.L. PAINT AND SUPPLIES LIMITED→
SC173153 · est 1997
——£973.9k—29y8274y
AGRI-INPUT DIRECT LIMITED→
SC207700 · est 2000
——£315.0k—25y8259y
AM SERVICE STATIONS LIMITED→
SC211245 · est 2000
———1325y8259y
ANDREW HUGHES CHEMISTS LIMITED→
SC205281 · est 2000
————26y8263y
BDC FUELS LIMITED→
SC229389 · est 2002
———210024y8267y
C MCCALLUM LIMITED→
SC264993 · est 2004
———3322y8263y
D-I-Y AYRSHIRE LIMITED→
SC304125 · est 2006
——£430.5k—19y8261y
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.

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Company details

Statusactive
Typeltd
Incorporated2003-02-24
Jurisdictionscotland
Primary SIC47530 — Retail sale of carpets, rugs, wall and floor coverings in specialised stores

Registered office

48 Bridgend
Kilbirnie
Ayrshire
KA25 7DL

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-10
Last: 2026-02-24

Officers (2 active · 3 resigned)

MADDEN, Elizabeth→
director · ~59y · appointed 2003-02-24
View their other companies + combined net worth →
Active
MADDEN, William→
director · ~61y · appointed 2003-02-24
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2003-02-24 · resigned 2003-02-24
Resigned
J.M.SIMPSON & CO→
corporate-secretary · appointed 2003-02-24 · resigned 2012-09-26
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2003-02-24 · resigned 2003-02-24
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 Royal Bank of Scotland PLC
Bond & floating charge1 property05/06/2003—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (60 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-24
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-02
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-03