CALEDONIAN OPTICAL LIMITED
📉Decliningactive
SC055275 · ltd · incorporated 1974-03-20
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
- · Lifecycle stage drifting downward
- · Currently "declining"
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 22290
Sector: Manufacturing
Investor take
PursueStrong opportunity: leverage-led grower with strong profile and acceptable with review structure.
Opportunity 74/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (70/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 40.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 40.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: high (81/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
11 officers (2 active, 11 linked, 8 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
149 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £1,701
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Profit before tax | £1.7k | £225.4k |
| Average employees | 48 | 4700 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals 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
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
- 2025-11-03📄accounts-with-accounts-type-smallaccounts · AA
- 2025-10-25📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-10-23📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-10-23📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-07-16📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-07-16📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-07-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-25🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2024-11-21📄accounts-with-accounts-type-smallaccounts · AA
- 2024-10-31📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-30➕SUTHERLAND, Kevin appointeddirector
- 2024-07-24➖RUS, Frances Teresa resigneddirector
- 2024-07-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-15➕NORRIS, Matthew James appointeddirector
- 2023-12-19📄accounts-with-accounts-type-smallaccounts · AA
- 2023-06-30➖MCLELLAN, Ross Andrew Gordon resigneddirector
- 2023-06-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-12-30📄accounts-with-accounts-type-smallaccounts · AA
- 2022-12-28📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2022-12-21📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2022-04-04📄accounts-with-accounts-type-smallaccounts · AA
- 2021-01-05📄accounts-with-accounts-type-smallaccounts · AA
- 2019-12-18➕MCLELLAN, Ross Andrew Gordon appointeddirector
- 2018-03-19🔒Charge registered #3Lender: Ldc (Managers) Limited (as Security Trustee)
- 2015-08-11➖BLAIR, Heather Margaret resignedsecretary
- 2015-02-24➕BLAIR, Heather Margaret appointedsecretary
- 2015-02-24➖BURNETT & COMPANY resignedcorporate-secretary
- 2012-02-29➖BLACK, Robert Alexander resigneddirector
- 2012-02-29➖GILMOUR, Maria Jane resigneddirector
- 2008-03-27➕BLACK, Robert Alexander appointeddirector
- 2007-07-04➖DUNCAN, Norman resigneddirector
- 2007-07-04➕GILMOUR, Maria Jane appointeddirector
- 2007-07-04➖TODD, Stewart Andrew resigneddirector
- 2003-09-01🔓Charge satisfied #1
- 2002-05-25🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1996-04-01➕RUS, Frances Teresa appointeddirector
- 1989-12-05➖TODD, Dorothea resigneddirector
- 1986-03-06🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1974-03-20🏢Company incorporatedAs CALEDONIAN OPTICAL LIMITED
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Duncan And Todd Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Duncan And Todd Limited
Corporate parent · holds 75-100% shares · board control
⬇
CALEDONIAN OPTICAL LIMITED
This company · SC055275
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Duncan And Todd Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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
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|---|---|---|---|---|---|---|---|
| DRILL ACCOUNTING LIMITED→ SC463170 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| DRUMBURN ENERGY LIMITED→ SC512535 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| E MCINTOSH CONSTRUCTION LIMITED→ SC812817 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| E.A.D PRECISION SERVICES LTD→ SC740909 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ENGINEERINGPALS LTD→ SC839381 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ENI IN AMENAS LIMITED→ SC135813 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| EOS EUROPE LTD→ SC556455 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| EOS TECHNIX LIMITED→ SC605556 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ESR WATERFRONT (GROUP) LTD→ SC834328 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| EUROPEAN OILFIELD SPECIALITY CHEMICALS ASSOCIATION→ SC174139 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
| FABMACH LTD→ SC506359 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| FARQUHAR WATCH COMPANY LTD→ SC686869 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated1974-03-20
Jurisdictionscotland
Primary SIC22290 — SIC 22290
Registered office
Unit 4 Kirkhill Commercial Park Dyce Avenue
Dyce
Aberdeen
AB21 0LQ
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-27
Last: 2026-01-13
Officers (2 active · 9 resigned)
NORRIS, Matthew James→
Activedirector · ~49y · appointed 2024-01-15
View their other companies + combined net worth →
SUTHERLAND, Kevin→
Activedirector · ~42y · appointed 2024-10-30
View their other companies + combined net worth →
BLAIR, Heather Margaret→
Resignedsecretary · appointed 2015-02-24 · resigned 2015-08-11
BURNETT & COMPANY→
Resignedcorporate-secretary · resigned 2015-02-24
BLACK, Robert Alexander→
Resigneddirector · ~74y · appointed 2008-03-27 · resigned 2012-02-29
DUNCAN, Norman→
Resigneddirector · ~79y · resigned 2007-07-04
GILMOUR, Maria Jane→
Resigneddirector · ~62y · appointed 2007-07-04 · resigned 2012-02-29
MCLELLAN, Ross Andrew Gordon→
Resigneddirector · ~49y · appointed 2019-12-18 · resigned 2023-06-30
RUS, Frances Teresa→
Resigneddirector · ~63y · appointed 1996-04-01 · resigned 2024-07-24
TODD, Dorothea→
Resigneddirector · resigned 1989-12-05
TODD, Stewart Andrew→
Resigneddirector · ~77y · resigned 2007-07-04
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
3
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 25/06/2025 | — | |
| outstanding | Ldc (Managers) (as Security Trustee) Ldc (Managers) Limited (as Security Trustee) | A registered charge | — | 19/03/2018 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 25/05/2002 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 06/03/1986 | 01/09/2003 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (149 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-28
accounts-with-accounts-type-small
accounts · AA
2025-11-03
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-10-25
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-10-23
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-10-23
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-07-16
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-07-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-04
accounts-with-accounts-type-small
accounts · AA
2024-11-21
appoint-person-director-company-with-name-date
officers · AP01
2024-10-31
termination-director-company-with-name-termination-date
officers · TM01
2024-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-31
appoint-person-director-company-with-name-date
officers · AP01
2024-01-16
accounts-with-accounts-type-small
accounts · AA
2023-12-19