CALEDONIAN FOUNDRY LIMITED

💤Zombieactive
SC009498 · ltd · incorporated 1915-11-22
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
31/100
Pass
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Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 31/100 (pass), bankability 15/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (55/100). Current lenders should be on immediate intervention.

Data confidence

Overall: low (32/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
No officers data
0
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
31/100Pass
PassWatchWorth a lookStrongExceptional 

Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.

Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
5
Multiple red flags — proceed with caution.
Signal strength
60
Adequate data — full accounts will sharpen view.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2023-02-14
    📄
    court-order
    miscellaneous · OC-DV
  2. 2011-03-25
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  3. 2011-03-25
    🏁
    Company dissolved
  4. 2010-12-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2000-02-01
    📄
    court-order
    miscellaneous · OC-DV
  6. 1995-01-01
    📄
    selection-of-documents-registered-before-January-1995
    historical · PRE95
  7. 1990-06-05
    ⚠️
    liquidation-voluntary-defer-dissolution
    insolvency · COLIQ
  8. 1989-06-09
    📄
    miscellaneous
    miscellaneous · MISC
  9. 1988-12-30
    📄
    miscellaneous
    miscellaneous · MISC
  10. 1988-06-08
    📄
    miscellaneous
    miscellaneous · MISC
  11. 1987-12-10
    📄
    miscellaneous
    miscellaneous · MISC
  12. 1987-10-26
    ⚠️
    liquidation-receiver-receivers-abstracts-of-receipts-and-payments-scotland
    insolvency · 3.2(Scot)
  13. 1987-10-26
    ⚠️
    liquidation-receiver-ceasing-to-act-scotland
    insolvency · 3(Scot)
  14. 1987-06-15
    📄
    miscellaneous
    miscellaneous · MISC
  15. 1987-01-01
    📄
    selection-of-documents-registered-before-January-1987
    historical · PRE87
  16. 1986-05-29
    📄
    legacy
    other · SC71
  17. 1915-11-22
    🏢
    Company incorporated
    As CALEDONIAN FOUNDRY LIMITED

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +No director turnover: Company is 110 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryStable-but-static management: Company is 110 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 1998-10-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2016-12-06

No active directors on record
high

Company is active but has no current directors in the register. This is unusual and should be investigated.

3 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 1990-06-05: liquidation-voluntary-defer-dissolution; 1987-10-26: liquidation-receiver-receivers-abstracts-of-receipts-and-payments-scotland

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

11 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.

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Company details

Statusactive
Typeltd
Incorporated1915-11-22
Jurisdictionscotland
Primary SIC

Registered office

46 Trafalgar Street
Greenock
PA15 4NB

Filing status

Accounts
Next due: 1998-10-31OVERDUE
Last made up to:
Confirmation statement
Next due: 2016-12-06OVERDUE
Last:

Officers (0 active · 0 resigned)

Recent filings (15 total)

court-order
miscellaneous · OC-DV
2023-02-14
gazette-dissolved-compulsory
gazette · GAZ2
2011-03-25
gazette-notice-compulsory
gazette · GAZ1
2010-12-03
court-order
miscellaneous · OC-DV
2000-02-01
selection-of-documents-registered-before-January-1995
historical · PRE95
1995-01-01
liquidation-voluntary-defer-dissolution
insolvency · COLIQ
1990-06-05
miscellaneous
miscellaneous · MISC
1989-06-09
miscellaneous
miscellaneous · MISC
1988-12-30
miscellaneous
miscellaneous · MISC
1988-06-08
miscellaneous
miscellaneous · MISC
1987-12-10
liquidation-receiver-receivers-abstracts-of-receipts-and-payments-scotland
insolvency · 3.2(Scot)
1987-10-26
liquidation-receiver-ceasing-to-act-scotland
insolvency · 3(Scot)
1987-10-26
miscellaneous
miscellaneous · MISC
1987-06-15
selection-of-documents-registered-before-January-1987
historical · PRE87
1987-01-01
legacy
other · SC71
1986-05-29