CLYDE & SOLWAY SYSTEMS LTD.
- · Oldest live charge 4.9y old — refinance window within 12 months
Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 4.9y
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~4.9 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £199.9k | £176.7k |
| Current assets | £171.8k | £146.7k |
| Net assets | £175.3k | £137.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 accounts
Corporate timeline (27 events)Click to expand
- 2025-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-15📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-06-12🔒Charge registered #1Lender: Santander UK PLC
- 2020-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-11-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-11-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-12-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-09-29📄change-person-director-company-with-change-dateofficers · CH01
- 2016-12-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-04-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-06-05➖CALDER, Ryan resigneddirector
- 2013-04-04➕MURDOCH, Cindy appointeddirector
- 2013-04-04➖CASAGRANDA, Cindy resignedsecretary
- 2008-03-19🏢Company incorporatedAs CLYDE & SOLWAY SYSTEMS LTD.
- 2008-03-19➕MURDOCH, Barry Ian appointeddirector
- 2008-03-19➕CASAGRANDA, Cindy appointedsecretary
- 2008-03-19➕BRIAN REID LTD. appointedcorporate-secretary
- 2008-03-19➖BRIAN REID LTD. resignedcorporate-secretary
- 2008-03-19➕CALDER, Ryan appointeddirector
- 2008-03-19➕STEPHEN MABBOTT LTD. appointedcorporate-director
- 2008-03-19➖STEPHEN MABBOTT LTD. resignedcorporate-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 18 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
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Barry Murdoch Individual · British · DOB 01/1971 · age 55 | — | — | sig. influencesignificant influence | 01/04/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (2 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Santander Santander UK PLC | A registered charge | — | 12/06/2021 | — |