CAIRNGLIDE LIMITED
💤Zombieactive
SC483353 · ltd · incorporated 2014-07-31
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£15.0k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other building completion and finishing
Sector: Construction
ALSO REGISTERED FOR
- 68100Buying and selling of own real estate
Investor take
PursueAsset-holding vehicle with a 63-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (65/100, director aged 63). 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 (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 8.4y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.4 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (74/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 5 with DOB)
83
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
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 £14,985
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£15k
Current Assets
£51k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 |
|---|---|
| Total assets | £43.8k |
| Current assets | £51.0k |
| Net assets | £15.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
- 2025-11-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-03-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-01-28📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2024-11-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-25➖MCMAHON, Pierce Browning resigneddirector
- 2024-06-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-25📄capital-allotment-sharescapital · SH01
- 2022-11-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-11-18➕MCMAHON, Pierce Browning appointeddirector
- 2022-11-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-10-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-10-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-10-13🔓Charge satisfied #2
- 2022-10-13🔓Charge satisfied #1
- 2022-06-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-15➖MARSHALL, Robert resignedsecretary
- 2020-10-15➖MARSHALL, Robert Kerr resigneddirector
- 2020-10-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-10-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-10-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-10-15📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-08-24📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2020-08-03➕MCMAHON, Gerard appointeddirector
- 2018-02-17🔒Charge registered #2Lender: Robin Kerr Marshall
- 2017-12-13🔒Charge registered #1Lender: Christine Marshall
- 2015-01-30➖CONROY, Margaret resignedsecretary
- 2015-01-30➕MARSHALL, Robert appointedsecretary
- 2015-01-30➖CONROY, Margaret resigneddirector
- 2014-11-10➕MARSHALL, Robert Kerr appointeddirector
- 2014-07-31🏢Company incorporatedAs CAIRNGLIDE LIMITED
- 2014-07-31➕CONROY, Margaret appointedsecretary
- 2014-07-31➕JORDAN NOMINEES (SCOTLAND) LIMITED appointedcorporate-secretary
- 2014-07-31➖JORDAN NOMINEES (SCOTLAND) LIMITED resignedcorporate-secretary
- 2014-07-31➕CONROY, Margaret appointeddirector
- 2014-07-31➕HOWELL-BOWLEY, Karen Elizabeth appointeddirector
- 2014-07-31➖HOWELL-BOWLEY, Karen Elizabeth resigneddirector
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gerard Mcmahon Individual · Scottish · DOB 09/1963 · age 63 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 15/10/2020 |
Mr Pierce Browning Mcmahon Individual · Scottish · DOB 08/1996 · age 30 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 18/03/2025 |
1 historic (ceased) PSC
- Mr Robert Kerr Marshallceased 15/10/2020· significant influence
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 · Construction · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CSQ CONSULT LTD→ SC421143 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| CTD SCOTLAND LTD→ SC513395 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| CU PLUMBING AND HEATING LTD→ SC832628 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CULLEN PLUMBING & HEATING LIMITED→ SC393940 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| CULLROSS (BALLINDEAN) LIMITED→ SC685822 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CULMOT CONTRACTS LTD→ SC809308 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CUMBRAE PROPERTY LIMITED→ SC492499 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| CUMMINGS PLUMBING LIMITED→ SC463623 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| CUTHBERTS OF EDINBURGH LIMITED→ SC626628 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| DALKEITH ALL TRADES LIMITED→ SC383178 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| DAMP DOCTORS NATIONAL LTD→ SC802980 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| DANDARA EAST SCOTLAND LIMITED→ SC655652 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2014-07-31
Jurisdictionscotland
Primary SIC43390 — Other building completion and finishing
Registered office
Office 1a 17b Glasgow Road
Bathgate
EH48 2AB
Scotland
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-10-29
Last: 2025-10-15
Officers (1 active · 7 resigned)
MCMAHON, Gerard→
Activedirector · ~63y · appointed 2020-08-03
View their other companies + combined net worth →
CONROY, Margaret→
Resignedsecretary · appointed 2014-07-31 · resigned 2015-01-30
MARSHALL, Robert→
Resignedsecretary · appointed 2015-01-30 · resigned 2020-10-15
JORDAN NOMINEES (SCOTLAND) LIMITED→
Resignedcorporate-secretary · appointed 2014-07-31 · resigned 2014-07-31
CONROY, Margaret→
Resigneddirector · ~75y · appointed 2014-07-31 · resigned 2015-01-30
HOWELL-BOWLEY, Karen Elizabeth→
Resigneddirector · ~60y · appointed 2014-07-31 · resigned 2014-07-31
MARSHALL, Robert Kerr→
Resigneddirector · ~80y · appointed 2014-11-10 · resigned 2020-10-15
MCMAHON, Pierce Browning→
Resigneddirector · ~30y · appointed 2022-11-18 · resigned 2024-11-25
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Robin Kerr Marshall / Mrs. Christine Marshall | A registered charge | 1 property | 17/02/2018 | 13/10/2022 | |
| satisfied | Christine Marshall / Robin Kerr Marshall | A registered charge | 1 property | 13/12/2017 | 13/10/2022 |
Recent filings (53 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-06
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-03-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-18
change-account-reference-date-company-current-extended
accounts · AA01
2025-01-28
termination-director-company-with-name-termination-date
officers · TM01
2024-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-22
capital-allotment-shares
capital · SH01
2022-11-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-23
appoint-person-director-company-with-name-date
officers · AP01
2022-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-17
mortgage-satisfy-charge-full
mortgage · MR04
2022-10-13