CATWALK FALKIRK LIMITED
🏛️Establishedactive
SC559325 · ltd · incorporated 2017-03-02
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£540.8k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Retail sale of clothing in specialised stores
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 65-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 4.5y
35/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.5 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
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
1 charges (1/1 with lender, 1/1 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
Network not yet resolved
30
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
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 £540,815
Cash YoY
-23%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£278k
↓ 23% YoY
Net Worth
£541k
~ YoY
Current Assets
£549k
↑ 1.3% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £620.8k | £631.2k |
| Current assets | £548.6k | £541.6k |
| Cash | £278.2k | £359.2k |
| Debtors | £2.7k | £17.4k |
| Net assets | £540.8k | £536.2k |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
- 2025-07-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-10-22🔒Charge registered #1Lender: Alexander Miller
- 2021-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-03-02🏢Company incorporatedAs CATWALK FALKIRK LIMITED
- 2017-03-02➕SPIERS, Craig appointeddirector
- 2017-03-02➕SPIERS, Pauline appointeddirector
- 2017-03-02📄incorporation-companyincorporation · NEWINC
Owner dependency
86/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 65 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- 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.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Pauline Spiers Individual · Scottish · DOB 05/1964 · age 62 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 02/03/2017 |
Mr Craig Spiers Individual · Scottish · DOB 09/1961 · age 65 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 02/03/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Retail · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| B FIRST LIMITED→ SC550000 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BEST BUY STORE LTD→ SC868863 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BIANCOBLUSH LIMITED→ SC727444 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BRAES FLOOR STORE LTD→ SC868609 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BROOMRIDGE CONVENIENCE LTD→ SC855590 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CALEDONIAN COUNTRYWEAR LIMITED→ SC089333 · est 1984 · no financials extracted | — | — | — | — | 41y | — | — |
| CALIDO FUELS LIMITED→ SC476000 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| CANDYFLOSS COLLECTION LTD→ SC757427 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CAR GEAR (SCO) LTD→ SC787078 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CBM ENTERPRISES LTD→ SC785166 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CCCAMELON LIMITED→ SC832847 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CD TECH LTD→ SC799303 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2017-03-02
Jurisdictionscotland
Primary SIC47710 — Retail sale of clothing in specialised stores
Registered office
16 Princes Street
Falkirk
FK1 1NE
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-15
Last: 2026-03-01
Officers (2 active · 0 resigned)
SPIERS, Craig→
Activedirector · ~65y · appointed 2017-03-02
View their other companies + combined net worth →
SPIERS, Pauline→
Activedirector · ~62y · appointed 2017-03-02
View their other companies + combined net worth →
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 | Alexander Miller / Ailsie Hill Ritchie Miller | A registered charge | 1 property | 22/10/2021 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (19 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-10-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-24