CALTON PROPERTIES LTD
💤Zombieactive
SC590702 · ltd · incorporated 2018-03-07
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 Mar 2025
Net worth
—
book net assets
Opportunity
68/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
- 68320Management of real estate on a fee or contract basis
Investor take
PursueProperty-backed borrower. Reasonable fundamentals — worth a memo before deciding.
Opportunity 68/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
7 live charges · 4 lenders · oldest 6.9y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.9 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
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, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 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
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
79
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
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 |
|---|---|---|
| Average employees | 100 | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals 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
4
filings
- • 2 address
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2026-01-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-01-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-10🔒Charge registered #7Lender: Aldermore Bank PLC
- 2023-10-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-20📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-02-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-05-15🔒Charge registered #6Lender: Charter Court Financial Services Limited
- 2021-05-05📄change-person-director-company-with-change-dateofficers · CH01
- 2021-05-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-04-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-02-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-02-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-02-05🔒Charge registered #5Lender: Aldermore Bank PLC
- 2020-01-24🔒Charge registered #4Lender: Aldermore Bank PLC
- 2019-11-12🔒Charge registered #3Lender: The Mortgage Lender Limited
- 2019-07-23🔒Charge registered #2Lender: The Mortgage Lender Limited
- 2019-06-26🔒Charge registered #1Lender: Charter Court Financial Services LTD
- 2018-03-07🏢Company incorporatedAs CALTON PROPERTIES LTD
- 2018-03-07➕LEE-SMITH, Richard appointeddirector
Owner dependency
80/100
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.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
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
2 low7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Multiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Richard Lee-Smith Individual · British · DOB 03/1972 · age 54 | — | — | sig. influencesignificant influence | 07/03/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| BTHM PROPERTIES LIMITED→ SC552888 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| C & L MEZU PROPERTY LIMITED→ SC878083 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| C-BIRD LIMITED→ SC630130 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CHESSER PROPERTIES LIMITED→ SC111863 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| 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 | — | — |
| CITY (SCOTLAND) LIMITED→ SC475222 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| CITY LIGHTS (SCOTLAND) LTD→ SC660222 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CKH ESTATES LIMITED→ SC711437 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CLAN GORDON LIMITED→ SC344424 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| CLARK ASSOCIATES LTD→ SC836322 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2018-03-07
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
Third Floor
3 Hill Street
Edinburgh
EH2 3JP
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-05-07
Last: 2026-04-23
Officers (1 active · 0 resigned)
LEE-SMITH, Richard→
Activedirector · ~54y · appointed 2018-03-07
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
7
Outstanding
3
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 10/09/2024 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 15/05/2021 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 05/02/2020 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 24/01/2020 | — | |
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 12/11/2019 | — | |
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 23/07/2019 | — | |
| outstanding | Precise Mortgages Charter Court Financial Services LTD | A registered charge | 1 property | 26/06/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (37 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-05
change-person-director-company-with-change-date
officers · CH01
2023-06-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-26