CALLANDERS LIMITED

🌳Matureactive
SC273437 · ltd · incorporated 2004-09-16
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 21.4y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
£15.0k
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Accounting and auditing activities
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 85/100. Strong seller-intent signal (73/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 21.4y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 21.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
77 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
51
Some moderate concerns — review 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 £14,986

Key financials

1 year extracted from filed iXBRL accounts
Cash
£27k
Net Worth
£15k
Current Assets
£59k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-30
Total assets£15.0k
Current assets£59.0k
Cash£27.2k
Debtors£20.4k
Net assets£15.0k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2025-10-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  2. 2025-10-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-10-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-10-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-10-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-10-08
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2025-10-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-10-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-10-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2025-10-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2025-09-30
    CLARK, Stuart Michael appointed
    director
  12. 2025-09-30
    MCMASTER, Rosslyn appointed
    director
  13. 2025-09-30
    MCMONAGLE, Ian appointed
    director
  14. 2025-09-30
    MCNALLY, Ann Margaret appointed
    director
  15. 2025-09-30
    CALLANDER, Lorraine Marie resigned
    secretary
  16. 2025-09-30
    CALLANDER, David Robert resigned
    director
  17. 2025-08-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2025-08-15
    🔓
    Charge satisfied #1
  19. 2025-08-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2025-08-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2025-08-11
    🔓
    Charge satisfied #3
  22. 2025-08-11
    🔓
    Charge satisfied #2
  23. 2025-07-23
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  24. 2025-07-23
    📄
    legacy
    capital · SH20
  25. 2025-07-23
    ⚠️
    legacy
    insolvency · CAP-SS
  26. 2025-07-23
    📄
    resolution
    resolution · RESOLUTIONS
  27. 2025-05-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  28. 2025-02-03
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  29. 2023-11-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  30. 2023-09-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  31. 2022-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  32. 2007-12-06
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  33. 2007-11-01
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  34. 2004-11-27
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  35. 2004-09-16
    🏢
    Company incorporated
    As CALLANDERS LIMITED
  36. 2004-09-16
    CALLANDER, Lorraine Marie appointed
    secretary
  37. 2004-09-16
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  38. 2004-09-16
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  39. 2004-09-16
    CALLANDER, David Robert appointed
    director

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.

Red flags

1 high · 2 med ·
1 insolvency-related filing on record
high

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

Evidence: 2025-07-23: legacy

2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: CALLANDER, Lorraine Marie resigned 2025-09-30; CALLANDER, David Robert resigned 2025-09-30

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Russell & Russell Business Advisers Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Russell & Russell Business Advisers Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
CALLANDERS LIMITED
This company · SC273437

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Russell & Russell Business Advisers Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control30/09/2025
2 historic (ceased) PSCs
  • Mrs Lorraine Marie Callanderceased 30/09/2025· 25-50% shares
  • Mr David Robert Callanderceased 30/09/2025· 75-100% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2004-09-16
Jurisdictionscotland
Primary SIC69201 — Accounting and auditing activities

Registered office

4 Royal Crescent
Glasgow
G3 7SL
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-09-30
Last: 2025-09-16

Officers (4 active · 3 resigned)

CLARK, Stuart Michael
director · ~44y · appointed 2025-09-30
View their other companies + combined net worth →
Active
MCMASTER, Rosslyn
director · ~44y · appointed 2025-09-30
View their other companies + combined net worth →
Active
MCMONAGLE, Ian
director · ~67y · appointed 2025-09-30
View their other companies + combined net worth →
Active
MCNALLY, Ann Margaret
director · ~48y · appointed 2025-09-30
View their other companies + combined net worth →
Active
CALLANDER, Lorraine Marie
secretary · appointed 2004-09-16 · resigned 2025-09-30
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2004-09-16 · resigned 2004-09-16
Resigned
CALLANDER, David Robert
director · ~62y · appointed 2004-09-16 · resigned 2025-09-30
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property06/12/200711/08/2025
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property01/11/200711/08/2025
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property27/11/200415/08/2025

Recent filings (77 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-10-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-08
appoint-person-director-company-with-name-date
officers · AP01
2025-10-08
termination-secretary-company-with-name-termination-date
officers · TM02
2025-10-08
termination-director-company-with-name-termination-date
officers · TM01
2025-10-08
appoint-person-director-company-with-name-date
officers · AP01
2025-10-08
appoint-person-director-company-with-name-date
officers · AP01
2025-10-08
appoint-person-director-company-with-name-date
officers · AP01
2025-10-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-30
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-15
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-11
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-11
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-07-23