CARDLAND OVERSEAS LTD
💤Zombieactive
SC551351 · ltd · incorporated 2016-11-28
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 Nov 2024
Net worth
£-14.0k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 72/100 (strong), bankability 75/100. 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: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £13,961
Net assets shrinking
Down £34,113 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£14k
↓ 169% YoY
Current Assets
£39k
↓ 35% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £-6.8k | £20.2k |
| Current assets | £39.0k | £60.4k |
| Net assets | £-14.0k | £20.2k |
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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-08-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-21📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-02-14📄gazette-notice-compulsorygazette · GAZ1
- 2022-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-19📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-02-15📄gazette-notice-compulsorygazette · GAZ1
- 2021-11-02📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-11-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-26📄gazette-notice-compulsorygazette · GAZ1
- 2021-04-23📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-04-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-03-06📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2021-01-26📄gazette-notice-compulsorygazette · GAZ1
- 2019-11-05📄gazette-filings-brought-up-to-dategazette · DISS40
- 2019-11-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-11-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-08-21➖MCALLISTER, James Wilson resigneddirector
- 2019-08-05➕MCVAY, Muriel appointeddirector
- 2016-11-28🏢Company incorporatedAs CARDLAND OVERSEAS LTD
- 2016-11-28➕MCALLISTER, James Wilson appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome 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
cleanNo 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 |
|---|---|---|---|---|
Mr James Wilson Mcallister Individual · Canadian · DOB 11/1967 · age 59 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 28/11/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| C&J WHOLESALE LTD→ SC704674 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CALEDONIAN PALLET SERVICES LIMITED→ SC613115 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CALEDONIAN SALES LIMITED→ SC286877 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| CALTON TEA COMPANY LTD→ SC850250 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CAPITAL GATE AUTOMATION LTD→ SC633053 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CAPU ONLINE LTD→ SC524973 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| CARIBBEAN GOODS LTD→ SC616814 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CATRIONA ROSS LTD→ SC739389 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CELIMMA LIMITED→ SC840857 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CELTIC NATION GIFTS LTD→ SC694179 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CGTV LTD→ SC724934 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CHAINBRIDGE STEEL (SCOTLAND) LIMITED→ SC320954 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
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
Incorporated2016-11-28
Jurisdictionscotland
Primary SIC46900 — Non-specialised wholesale trade
Registered office
Clyde Offices
48 West George Street
Glasgow
G2 1BP
Scotland
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-11
Last: 2025-11-27
Officers (1 active · 1 resigned)
MCVAY, Muriel→
Activedirector · ~55y · appointed 2019-08-05
View their other companies + combined net worth →
MCALLISTER, James Wilson→
Resigneddirector · ~59y · appointed 2016-11-28 · resigned 2019-08-21
Click a director name to see their full track record across all companies.
Recent filings (33 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-29
gazette-filings-brought-up-to-date
gazette · DISS40
2023-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-20
gazette-notice-compulsory
gazette · GAZ1
2023-02-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-31
gazette-filings-brought-up-to-date
gazette · DISS40
2022-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-18
gazette-notice-compulsory
gazette · GAZ1
2022-02-15
gazette-filings-brought-up-to-date
gazette · DISS40
2021-11-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-01