THE NEW CLANSMAN LTD.
Opportunity 64/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
2 live charges · oldest 8.0y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · 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.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-30 | 2024-03-30 |
|---|---|---|
| Average employees | — | -300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
Corporate timeline (17 events)Click to expand
- 2025-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-31📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2021-03-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-06-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-06-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-06-05🔒Charge registered #2Lender: Tennent Caledonian Breweries Wholesale Limited
- 2018-05-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-05-15🔒Charge registered #1Lender: Tennent Caledonian Breweries Wholesale Limited
- 2018-03-07🏢Company incorporatedAs THE NEW CLANSMAN LTD.
- 2018-03-07➕WATSON, James Frank appointeddirector
- 2018-03-07📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-03-20
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
James Frank Watson Individual · British · DOB 07/1969 · age 57 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 07/03/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Tennent Caledonian Breweries Wholesale Tennent Caledonian Breweries Wholesale Limited | A registered charge | 1 property | 05/06/2018 | — | |
| outstanding | Tennent Caledonian Breweries Wholesale Tennent Caledonian Breweries Wholesale Limited | A registered charge | — | 15/05/2018 | — |