CALLUNA INVESTMENTS LTD

💤Zombieactive

SC542434 · ltd · incorporated 2016-08-10

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 Jun 2025

Net worth

£4.7k

book net assets

Opportunity

73/100

Strong

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What this business does

Primary activity: Other letting and operating of own or leased real estate

Sector: Real estate

Investor take

Pursue

Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 9.7y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 9.7 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

1 officers (1 active, 1 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

1 connected companies via shared directors

Filing history

25 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

73/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red 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 £4,744

Cash YoY

-4%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£10k

↓ 4.1% YoY

Net Worth

£5k

↑ 1416% YoY

Current Assets

£247k

↓ 1.1% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30
Total assets	£1.12M	£1.12M
Current assets	£246.8k	£249.6k
Cash	£9.9k	£10.3k
Debtors	£236.8k	£239.3k
Net assets	£4.7k	£313

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2026-03-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-19
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-06-01
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2019-05-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-05-28
📄
gazette-notice-compulsory
gazette · GAZ1
2019-02-07
📄
change-person-director-company-with-change-date
officers · CH01
2018-05-15
📄
change-account-reference-date-company-current-shortened
accounts · AA01
2018-05-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-09-07
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2016-09-02
🔒
Charge registered #1
Lender: Porcupine Properties Llc
2016-08-10
🏢
Company incorporated
As CALLUNA INVESTMENTS LTD
2016-08-10
➕
WIGGIN, Heather Eylisse appointed
director
2016-08-10
📄
incorporation-company
incorporation · NEWINC

Owner dependency

80/100

Critical — business is the founder

The 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.
+No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100

Moderate signal

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

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Ms Heather Eylisse Wiggin Individual · American · DOB 11/1981 · age 45	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	10/08/2016

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.

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Similar companies

Active · Property · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BTHM PROPERTIES LIMITED→ SC552888 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
C J W R PROPERTIES LIMITED→ SC625826 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
C-BIRD LIMITED→ SC630130 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
C1 PROPERTY INVESTMENTS LIMITED→ SC837177 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
CANADA PLACE MALL (RETAIL) UNIT TRUST LP LIMITED→ SC312215 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
CHASONS LIMITED→ SC067757 · est 1979 · no financials extracted	—	—	—	—	46y	—	—
CHESSER PROPERTIES LIMITED→ SC111863 · est 1988 · no financials extracted	—	—	—	—	37y	—	—
CHIMERA FIRTH LIMITED→ SC638038 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
CHISHOLM PROPERTY MANAGEMENT LTD→ SC841884 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
CHONG CAPITAL LIMITED→ SC305354 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
CHRIS REIS & CO. LTD→ SC665757 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
CHROMOS OHMS LIMITED→ SC643637 · est 2019 · 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

Incorporated2016-08-10

Jurisdictionscotland

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

20 Young Street

Edinburgh

Lothian

EH2 4JB

United Kingdom

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-08-23

Last: 2025-08-09

Officers (1 active · 0 resigned)

WIGGIN, Heather Eylisse→

director · ~45y · appointed 2016-08-10

View their other companies + combined net worth →

Active

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Porcupine Properties Porcupine Properties Llc	A registered charge	1 property	02/09/2016	—

Click column headers to sort. Use filters above to narrow by status and lender.