CANAAN LANE (DEV) LTD

💤Zombieactive
SC751295 · ltd · incorporated 2022-11-23
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 Nov 2024
Net worth
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: Residential care activities for the elderly and disabled
Sector: Human health & social work
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 66/100 (strong), 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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: medium (75/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-30

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
1
filing
  • 1 change-of-name
Last 180 days
4
filings
  • 2 officers
  • 1 change-of-name
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-02-09
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2025-11-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-11-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-11-12
    BLACK, Beverley Janice resigned
    director
  5. 2025-11-12
    BLACK, Susan resigned
    director
  6. 2025-10-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  7. 2025-08-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  8. 2025-08-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2025-07-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2025-05-21
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  11. 2024-12-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  12. 2024-12-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2024-08-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2022-11-23
    🏢
    Company incorporated
    As CANAAN LANE (DEV) LTD
  15. 2022-11-23
    BLACK, Sean appointed
    director
  16. 2022-11-23
    BLACK, Beverley Janice appointed
    director
  17. 2022-11-23
    BLACK, Susan appointed
    director
  18. 2022-11-23
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some 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 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BLACK, Beverley Janice resigned 2025-11-12; BLACK, Susan resigned 2025-11-12

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-02-09: certificate-change-of-name-company

Group structure

Lindemann Care Home Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Lindemann Care Home Group Ltd
Corporate parent · holds 75-100% shares
ultimate parent
CANAAN LANE (DEV) LTD
This company · SC751295

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
Lindemann Care Home Group Ltd
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting11/12/2024
1 historic (ceased) PSC
  • Mr Sean Blackceased 11/12/2024· 75-100% shares · 75-100% voting

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

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.

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Company details

Statusactive
Typeltd
Incorporated2022-11-23
Jurisdictionscotland
Primary SIC87300 — Residential care activities for the elderly and disabled

Registered office

41 Charlotte Square
Edinburgh
EH2 4HQ
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-06
Last: 2025-11-22

Officers (1 active · 2 resigned)

BLACK, Sean
director · ~44y · appointed 2022-11-23
View their other companies + combined net worth →
Active
BLACK, Beverley Janice
director · ~49y · appointed 2022-11-23 · resigned 2025-11-12
Resigned
BLACK, Susan
director · ~68y · appointed 2022-11-23 · resigned 2025-11-12
Resigned

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

Recent filings (15 total)

certificate-change-of-name-company
change-of-name · CERTNM
2026-02-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-01
termination-director-company-with-name-termination-date
officers · TM01
2025-11-13
termination-director-company-with-name-termination-date
officers · TM01
2025-11-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-10-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-08-27
accounts-with-accounts-type-dormant
accounts · AA
2025-08-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-16
change-account-reference-date-company-current-shortened
accounts · AA01
2025-05-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-12-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-04
accounts-with-accounts-type-dormant
accounts · AA
2024-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-05
incorporation-company
incorporation · NEWINC
2022-11-23