KLARO PARTNERS LIMITED

🌳Matureactive
SC420003 · ltd · incorporated 2012-03-21
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.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 7.7y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 7.7 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 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
Average employees0200

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
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-12-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-07-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2023-07-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2023-07-12
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  7. 2022-10-17
    📄
    capital-return-purchase-own-shares
    capital · SH03
  8. 2022-10-12
    📄
    capital-cancellation-shares
    capital · SH06
  9. 2022-09-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-08-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2022-08-17
    🔒
    Charge registered #3
    Lender: Npif Tvc Debt LP
  12. 2021-12-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-11-16
    📄
    capital-cancellation-shares
    capital · SH06
  14. 2021-11-16
    📄
    capital-return-purchase-own-shares
    capital · SH03
  15. 2021-05-17
    📄
    capital-cancellation-shares
    capital · SH06
  16. 2021-02-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2020-07-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2020-07-13
    🔓
    Charge satisfied #1
  19. 2020-07-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2020-06-30
    🔒
    Charge registered #2
    Lender: Barclays Security Trustee Limited
  21. 2019-08-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2018-08-17
    🔒
    Charge registered #1
    Lender: Npif Tvc Debt LP Acting by Tvc Loans Npif Gp Limited as the General Partner of Npif Tvc Debt LP Acting by Fw Capital Limited.
  23. 2016-10-07
    MORRISH, Robert Edward appointed
    director
  24. 2012-03-21
    🏢
    Company incorporated
    As KLARO PARTNERS LIMITED
  25. 2012-03-21
    SHAMASH, Benjamin David appointed
    director

Owner dependency

63/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

49/100
Moderate signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 14 years.
  • 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
Mr Benjamin David Shamash
Individual · British · DOB 07/1984 · age 42
5075%
50–75%board control50-75% shares · 50-75% voting · board control15/08/2022
Mr Robert Edward Morrish
Individual · British · DOB 05/1972 · age 54
2550%
25–50%25-50% shares · 25-50% voting15/08/2022

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 →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2012-03-21
Jurisdictionscotland
Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes

Registered office

Inverdee Inverdee
The Stell
Kirkcudbright
DG6 4TH

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-07
Last: 2025-10-24

Officers (2 active · 0 resigned)

MORRISH, Robert Edward
director · ~54y · appointed 2016-10-07
View their other companies + combined net worth →
Active
SHAMASH, Benjamin David
director · ~42y · appointed 2012-03-21
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Npif Tvc Debt LP
A registered charge1 property17/08/2022
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge30/06/2020
satisfied
Npif Tvc Debt LP Acting by Tvc Loans Npif Gp as the General Partner of Npif Tvc Debt LP Acting by Fw Capital .
Npif Tvc Debt LP Acting by Tvc Loans Npif Gp Limited as the General Partner of Npif Tvc Debt LP Acting by Fw Capital Limited.
A registered charge2 properties17/08/201813/07/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (43 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-07-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-07-12
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2023-07-12
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-24
capital-return-purchase-own-shares
capital · SH03
2022-10-17
capital-cancellation-shares
capital · SH06
2022-10-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-08-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-01