CARMICHAEL HOMES PLEAN LIMITED

🌿Early-stageactive
SC716340 · ltd · incorporated 2021-11-29
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 Nov 2024
Net worth
£57
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 70/100. 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 (73/100).

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
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 declared
Positive net assets
Net assets £57
Net assets shrinking
Down £43 YoY
Cash YoY
+215%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£476k
↑ 215% YoY
Net Worth
£57
↓ 43% YoY
Current Assets
£476k
↓ 63% YoY
Current Liabilities
£0£259k£519k£778k£1.0m£1.3mNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£57£100
Current assets£476.2k£1.30M
Cash£476.2k£151.0k
Net assets£57£100

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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2025-12-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-07-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-11-29
    🏢
    Company incorporated
    As CARMICHAEL HOMES PLEAN LIMITED
  6. 2021-11-29
    CARMICHAEL, Scott Alexander appointed
    director
  7. 2021-11-29
    HILL, Clive appointed
    director
  8. 2021-11-29
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

81/100
Critical — business is the founder

The 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 name in company name: Company name contains director surname "CARMICHAEL" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Clive Hill Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Clive Hill Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
CARMICHAEL HOMES PLEAN LIMITED
This company · SC716340

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Clive Hill Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control29/11/2021

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 →

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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
Incorporated2021-11-29
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

Challenge House
29 Canal Street
Glasgow
G4 0AD
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-12
Last: 2025-11-28

Officers (2 active · 0 resigned)

CARMICHAEL, Scott Alexander
director · ~55y · appointed 2021-11-29
View their other companies + combined net worth →
Active
HILL, Clive
director · ~64y · appointed 2021-11-29
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Recent filings (9 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-12
change-person-director-company-with-change-date
officers · CH01
2025-12-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-28
incorporation-company
incorporation · NEWINC
2021-11-29