CHILLFLO LTD
🌳Matureactive
SC477761 · ltd · incorporated 2014-05-16
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 10.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£196.2k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
PursueStrong opportunity: active trading company with exceptional profile and bankable structure.
Opportunity 80/100 (exceptional), 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 (73/100).
🏦
Refinance opportunity
1 live charge · oldest 10.2y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 10.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
32 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
75
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 declaredPositive net assets
Net assets £196,155
Net assets shrinking
Down £37,148 YoY
Cash YoY
+27%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£14k
↑ 27% YoY
Net Worth
£196k
↓ 16% YoY
Current Assets
£216k
↓ 5.4% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £196.2k | £243.3k |
| Current assets | £215.8k | £228.0k |
| Cash | £13.5k | £10.6k |
| Debtors | £117.4k | £174.8k |
| Net assets | £196.2k | £233.3k |
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
3
filings
- • 3 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-12-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-12-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-12-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-10-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-08-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-08-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-01➖ALLAN, Margaret Paterson resigneddirector
- 2025-01-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-02-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-02-13➕MCMILLAN, Albert John appointeddirector
- 2019-02-13➕TAGGART, Kevin James appointeddirector
- 2018-11-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-02-02🔒Charge registered #1Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
- 2014-05-16🏢Company incorporatedAs CHILLFLO LTD
- 2014-05-16➕ALLAN, Margaret Paterson appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial 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.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
2 corporate shareholders identified. Group structure is distributed.
🏛️significant stake
Bigdawg Transport Ltd
Corporate parent · holds 25-50% shares · board control
🏛️significant stake
Ajm Investments Ltd
Corporate parent · holds 25-50% shares · board control
⬇
CHILLFLO LTD
This company · SC477761
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Bigdawg Transport Ltd Corporate entity | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/01/2025 |
Ajm Investments Ltd Corporate entity | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/01/2025 |
2 historic (ceased) PSCs
- Mr Albert John Mcmillanceased 10/12/2025· significant influence
- Mrs Margaret Paterson Allanceased 01/08/2025· significant influence · trust interest · firm interest
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 · Transport & logistics · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CASA EDIN LTD→ SC726376 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CASTELLUM GROUP LIMITED→ SC685926 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CASTILUM LTD→ SC850555 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CEC 2013 LIMITED→ SC219797 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| CENTRAL ELECTRIC CARS 5 LIMITED→ SC561961 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| CENTRAL EXECUTIVE HIRE LTD→ SC857851 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CF COURIER SERVICES LTD→ SC881693 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CITY EXECUTIVE TRAVEL LTD→ SC588086 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| CITY HELIPORT LIMITED→ SC384110 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| CITY SIGHTSEEING EDINBURGH LIMITED→ SC127511 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| CITY TO CITY COACHLINES LIMITED→ SC605172 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CITYDEL LOGISTICS LTD→ SC858208 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2014-05-16
Jurisdictionscotland
Primary SIC49410 — Freight transport by road
Registered office
12 Inchmuir Road
Whitehill Industrial Estate
Bathgate
West Lothian
EH48 2EP
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-30
Last: 2025-05-16
Officers (2 active · 1 resigned)
MCMILLAN, Albert John→
Activedirector · ~60y · appointed 2019-02-13
View their other companies + combined net worth →
TAGGART, Kevin James→
Activedirector · ~56y · appointed 2019-02-13
View their other companies + combined net worth →
ALLAN, Margaret Paterson→
Resigneddirector · ~79y · appointed 2014-05-16 · resigned 2025-08-01
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111) | A registered charge | — | 02/02/2016 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (32 total)
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-12-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-12-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-09-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-14
termination-director-company-with-name-termination-date
officers · TM01
2025-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-23