CADEMUIR ENGINEERING LIMITED

🌳Matureactive

SC069993 · ltd · incorporated 1979-11-20

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

—

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: SIC 22290

Sector: Manufacturing

ALSO REGISTERED FOR

28490SIC 28490

Investor take

Pursue

Active trading company with a 79-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 77/100. Strong seller-intent signal (78/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

7 live charges · 5 lenders · oldest 43.6y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 43.6 years old — likely at or near maturity.
· 5 lenders named — inter-creditor friction likely.
· Legal-friction score 25/100 — workable, but lender will want more DD.

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, 2 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

7 charges (7/7 with lender, 7/7 with type)

Directors & officers

12 officers (3 active, 12 linked, 8 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

155 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	2024-12-31	2023-12-31
Average employees	4100	3700

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

4 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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 capital

Counts from Companies House filing history.

Corporate timeline (50 events)Click to expand

2026-01-05
📄
capital-name-of-class-of-shares
capital · SH08
2025-09-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-11
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-03
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-03
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-03
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-03
🔓
Charge satisfied #7
2023-05-03
🔓
Charge satisfied #8
2023-05-03
🔓
Charge satisfied #6
2023-03-08
📄
change-person-director-company-with-change-date
officers · CH01
2023-03-08
📄
change-person-director-company-with-change-date
officers · CH01
2023-03-08
📄
change-person-secretary-company-with-change-date
officers · CH03
2022-09-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-12
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-05
📄
capital-name-of-class-of-shares
capital · SH08
2022-07-29
📄
memorandum-articles
incorporation · MA
2022-07-29
📄
resolution
resolution · RESOLUTIONS
2021-10-28
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2021-10-27
➕
LAIDLAW, Andrea Grace appointed
secretary
2021-06-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-01-29
➖
ROBINSON, Sally resigned
secretary
2018-02-28
➕
ROBINSON, Sally appointed
secretary
2018-02-28
➖
ROBINSON, Sally resigned
director
2017-07-26
➕
ROBINSON, Sally appointed
director
2017-04-10
➕
WALKER, Brian appointed
director
2017-04-10
➕
WALKER, Carol Ann appointed
director
2017-04-10
➖
MCMILLAN, Colin resigned
secretary
2017-04-10
➖
MCMILLAN, Colin resigned
director
2017-04-10
➖
MCMILLAN, Grace Sandra resigned
director
2017-04-10
➖
SNEDDON, John Keith Bell resigned
director
2017-04-10
➖
TAIT, Brian resigned
director
2013-09-28
🔓
Charge satisfied #5
2013-09-28
🔓
Charge satisfied #4
2013-09-28
🔓
Charge satisfied #3
2013-07-24
🔒
Charge registered #7
Lender: Bank of Scotland PLC
2013-07-22
🔒
Charge registered #8
Lender: Lloyds Tsb Commercial Finance Limited, No. 1 Brookhill Way, Banbury, Oxon, OX16 3EL
2013-07-19
🔒
Charge registered #6
Lender: Bank of Scotland PLC
2012-12-04
🔓
Charge satisfied #1
2012-05-17
🔒
Charge registered #5
Lender: Clydesdale Bank PLC
2006-06-01
➕
SNEDDON, John Keith Bell appointed
director
2005-02-21
➕
TAIT, Brian appointed
director
2000-11-21
🔒
Charge registered #4
Lender: Clydesdale Bank Public Limited Company
2000-08-12
🔒
Charge registered #3
Lender: Clydesdale Bank Public Limited Company
1992-01-01
➖
WILLIAMS, Elsie Wilhelmina resigned
director
1991-03-08
➖
WILLIAMS, John Alexander resigned
director
1982-09-30
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1979-11-20
🏢
Company incorporated
As CADEMUIR ENGINEERING LIMITED

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 age: Director aged approximately 79 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondaryStable-but-static management: Company is 46 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Holly Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Holly Group Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

CADEMUIR ENGINEERING LIMITED

This company · SC069993

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
Holly Group Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	13/04/2017

1 historic (ceased) PSC

Mr Colin Mcmillanceased 13/04/2017· 50-75% shares

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 · Manufacturing · EH postcode area

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BEYOND UTILITY LTD→ SC747627 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
BOOKBINDING BY CRAWFORD LTD→ SC337349 · est 2008 · no financials extracted	—	—	—	—	18y	—	—
BOPLOG LTD→ SC873872 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BUKO HOLDINGS LIMITED→ SC132832 · est 1991 · no financials extracted	—	—	—	—	34y	—	—
BUTTERWORTHS LENSES LIMITED→ SC225522 · est 2001 · no financials extracted	—	—	—	—	24y	—	—
C. C. WINDOWS LTD→ SC724269 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
C.B. SCOTLAND LTD→ SC711838 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
CALEDONIAN MACHINE TOOLS LTD.→ SC322144 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
CAPITAL IMAGING LTD→ SC879792 · est 2026 · no financials extracted	—	—	—	—	—	—	—
CAPITAL OPTICS LTD→ SC452004 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
CAPITAL POWER CLEAN LIMITED→ SC332575 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
CAPITAL STONE PRODUCTS LIMITED→ SC688841 · est 2021 · no financials extracted	—	—	—	—	5y	—	—

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

Incorporated1979-11-20

Jurisdictionscotland

Primary SIC22290 — SIC 22290

Registered office

Cademuir Engineering Limited C/O Azets

Quay 2

139 Fountainbridge

Edinburgh

EH3 9QG

United Kingdom

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-03-16

Last: 2026-03-02

Officers (3 active · 9 resigned)

LAIDLAW, Andrea Grace→

secretary · appointed 2021-10-27

View their other companies + combined net worth →

Active

WALKER, Brian→

director · ~79y · appointed 2017-04-10

View their other companies + combined net worth →

Active

WALKER, Carol Ann→

director · ~78y · appointed 2017-04-10

View their other companies + combined net worth →

Active

MCMILLAN, Colin→

secretary · resigned 2017-04-10

Resigned

ROBINSON, Sally→

secretary · appointed 2018-02-28 · resigned 2019-01-29

Resigned

MCMILLAN, Colin→

director · ~78y · resigned 2017-04-10

Resigned

MCMILLAN, Grace Sandra→

director · ~75y · resigned 2017-04-10

Resigned

ROBINSON, Sally→

director · ~47y · appointed 2017-07-26 · resigned 2018-02-28

Resigned

SNEDDON, John Keith Bell→

director · ~64y · appointed 2006-06-01 · resigned 2017-04-10

Resigned

TAIT, Brian→

director · ~65y · appointed 2005-02-21 · resigned 2017-04-10

Resigned

WILLIAMS, Elsie Wilhelmina→

director · ~78y · resigned 1992-01-01

Resigned

WILLIAMS, John Alexander→

director · resigned 1991-03-08

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:7 of 7 shown

		Type	Properties
satisfied	Lloyds Banking Group Bank of Scotland PLC	A registered charge	1 property	24/07/2013	03/05/2023
satisfied	Lloyds Banking Group Lloyds Tsb Commercial Finance Limited, No. 1 Brookhill Way, Banbury, Oxon, OX16 3EL	A registered charge	1 property	22/07/2013	03/05/2023
satisfied	Lloyds Banking Group Bank of Scotland PLC	A registered charge	1 property	19/07/2013	03/05/2023
satisfied	Virgin Money Clydesdale Bank PLC	Floating charge	1 property	17/05/2012	28/09/2013
satisfied	Virgin Money Clydesdale Bank Public Limited Company	Standard security	1 property	21/11/2000	28/09/2013
satisfied	Virgin Money Clydesdale Bank Public Limited Company	Floating charge	1 property	12/08/2000	28/09/2013
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	30/09/1982	04/12/2012

Recent filings (155 total)

confirmation-statement-with-updates

confirmation-statement · CS01

2026-03-02

capital-name-of-class-of-shares

capital · SH08

2026-01-05

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-09-01

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-03-04

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2024-11-11

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-10-31

confirmation-statement-with-updates

confirmation-statement · CS01

2024-03-25

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-12-21

mortgage-satisfy-charge-full

mortgage · MR04

2023-05-03

mortgage-satisfy-charge-full

mortgage · MR04

2023-05-03

mortgage-satisfy-charge-full

mortgage · MR04

2023-05-03

confirmation-statement-with-updates

confirmation-statement · CS01

2023-03-08

change-person-director-company-with-change-date

officers · CH01

2023-03-08

change-person-director-company-with-change-date

officers · CH01

2023-03-08

change-person-secretary-company-with-change-date

officers · CH03

2023-03-08