BARTON CARMELITE LTD
🏛️Establishedactive
SC633946 · ltd · incorporated 2019-06-20
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£-80.2k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
- 55209Other holiday and other collective accommodation
- 56210Event catering activities
- 68100Buying and selling of own real estate
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 4 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
4 officers (4 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
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 £80,247
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£80k
Current Assets
-£589k
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 | £-80.2k | — |
| Current assets | £-589.1k | — |
| Net assets | £-80.2k | — |
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 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2025-12-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-07-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-10➕MANAK, Lance appointeddirector
- 2020-06-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-05-17➕MANAK, Belinda appointedsecretary
- 2020-05-17📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2019-06-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-06-20🏢Company incorporatedAs BARTON CARMELITE LTD
- 2019-06-20➕MANAK, Kai appointeddirector
- 2019-06-20➕MANAK, Mohinder appointeddirector
- 2019-06-20📄incorporation-companyincorporation · NEWINC
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 69 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
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 Belinda Manak Individual · British · DOB 03/1958 · age 68 | 25–50% | — | 25-50% shares | 09/06/2021 |
Mr Mohinder Manak Individual · British · DOB 11/1957 · age 69 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/06/2019 |
1 historic (ceased) PSC
- Mr Kai Manakceased 09/06/2021· 25-50% shares · 25-50% voting · board control
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.
See pricing →Similar companies
Active · Construction · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BALMORAL DEVELOPMENTS (SCOTLAND) LTD→ SC673555 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BAMLINGS LTD→ SC645994 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BANNACHAN HOLDINGS LTD→ SC774678 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BARRETT ELECTRICAL SOLUTIONS LTD→ SC822223 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BATH STREET HOLDINGS LIMITED→ SC159839 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| BATHROOMS 101 LTD→ SC878700 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BATTALION SITE SOLUTIONS LTD→ SC766671 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BCC PIPELINE SERVICES LIMITED→ SC879877 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BDWM CONTRACTING LTD→ SC766516 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BELL BUILDING PROJECTS LIMITED→ SC077211 · est 1982 · no financials extracted | — | — | — | — | 44y | — | — |
| BELL FIRE AND SECURITY LIMITED→ SC091929 · est 1985 · no financials extracted | — | — | — | — | 41y | — | — |
| BELL PROCESS LIMITED→ SC848556 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2019-06-20
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
2 Lorraine Gardens Lane
Dowanhill
Glasgow
G12 9PA
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-14
Last: 2025-06-30
Officers (4 active · 0 resigned)
Active
Active
MANAK, Lance→
Activedirector · ~46y · appointed 2020-06-10
View their other companies + combined net worth →
MANAK, Mohinder→
Activedirector · ~69y · appointed 2019-06-20
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (18 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-07-01
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-29
confirmation-statement-with-updates
confirmation-statement · CS01
2020-07-06
appoint-person-director-company-with-name-date
officers · AP01
2020-06-10