SCOTBAKE LIMITED

🌳Matureactive
SC078071 · ltd · incorporated 1982-03-25
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 Apr 2025
Net worth
£1.67M
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 85-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 85). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 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 · 4 lenders · oldest 43.7y

35/100
too messy

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

  • · Oldest live charge is 43.7 years old — likely at or near maturity.
  • · 4 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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
131 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,671,961
Cash YoY
+14%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£427k
↑ 14% YoY
Net Worth
£1.7m
↑ 5.2% YoY
Current Assets
—
Current Liabilities
—
£0£334k£669k£1.0m£1.3m£1.7mApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Cash£426.8k£375.8k
Net assets£1.67M£1.59M

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

🔒Filing-note intelligence

2 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
2
filings
  • • 2 capital
Last 90 days
3
filings
  • • 2 capital
  • • 1 accounts
Last 180 days
3
filings
  • • 2 capital
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-04-21
    📄
    capital-cancellation-shares
    capital · SH06
  2. 2026-04-21
    📄
    capital-cancellation-shares
    capital · SH06
  3. 2026-01-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-09-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-09-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-03-27
    📄
    capital-cancellation-shares
    capital · SH06
  8. 2024-03-27
    📄
    capital-return-purchase-own-shares
    capital · SH03
  9. 2024-01-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-02-24
    📄
    capital-cancellation-shares
    capital · SH06
  11. 2023-02-24
    📄
    capital-return-purchase-own-shares
    capital · SH03
  12. 2023-01-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-03-18
    📄
    capital-return-purchase-own-shares
    capital · SH03
  14. 2022-03-11
    📄
    capital-cancellation-shares
    capital · SH06
  15. 2022-03-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2022-01-31
    ➖
    SKEOCH, David Jonathan resigned
    director
  17. 2021-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-02-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2021-02-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2021-02-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2018-06-06
    🔒
    Charge registered #8
    Lender: Bank of Scotland PLC
  22. 2015-03-20
    ➕
    THOMSON, Evelyn Galloway appointed
    director
  23. 2014-12-06
    ➖
    SMITH, Charles Ellis resigned
    director
  24. 2013-10-14
    ➕
    SKEOCH, David Jonathan appointed
    director
  25. 2011-03-04
    🔓
    Charge satisfied #5
  26. 2011-02-22
    🔒
    Charge registered #7
    Lender: Bank of Scotland PLC
  27. 2008-09-25
    ➕
    SMITH, Derek Charles appointed
    director
  28. 2007-10-11
    🔓
    Charge satisfied #4
  29. 2003-05-15
    🔓
    Charge satisfied #2
  30. 2003-04-04
    🔒
    Charge registered #6
    Lender: The Royal Bank of Scotland PLC
  31. 2003-03-27
    🔓
    Charge satisfied #1
  32. 2003-03-07
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
  33. 1997-04-23
    🔒
    Charge registered #4
    Lender: Clydesdale Bank Public Limited Company
  34. 1982-09-25
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  35. 1982-07-28
    🔒
    Charge registered #1
    Lender: Industrial and Commercial Finance Corporation LTD
  36. 1982-03-25
    🏢
    Company incorporated
    As SCOTBAKE LIMITED

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 85 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

83/100
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 85 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 44 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Christina Clark Galloway Smith
Individual · British · DOB 09/1941 · age 85
50–75%
—sig. influence50-75% shares · significant influence06/04/2016

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 →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1982-03-25
Jurisdictionscotland
Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes

Registered office

C/O Johnston Carmichael Bishop's Court
29 Albyn Place
Aberdeen
AB10 1YL
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-09-28
Last: 2025-09-14

Officers (4 active · 2 resigned)

THOMSON, Evelyn Galloway→
secretary
View their other companies + combined net worth →
Active
SMITH, Christina Clark Galloway→
director · ~85y
View their other companies + combined net worth →
Active
SMITH, Derek Charles→
director · ~61y · appointed 2008-09-25
View their other companies + combined net worth →
Active
THOMSON, Evelyn Galloway→
director · ~64y · appointed 2015-03-20
View their other companies + combined net worth →
Active
SKEOCH, David Jonathan→
director · ~74y · appointed 2013-10-14 · resigned 2022-01-31
Resigned
SMITH, Charles Ellis→
director · ~86y · resigned 2014-12-06
Resigned

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

Mortgages & charges

7
Total charges
3
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property06/06/2018—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Floating charge1 property22/02/2011—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property04/04/2003—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property07/03/200304/03/2011
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property23/04/199711/10/2007
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property25/09/198215/05/2003
satisfied
Industrial and Commercial Finance Corporation
Industrial and Commercial Finance Corporation LTD
Floating charge1 property28/07/198227/03/2003
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (131 total)

capital-cancellation-shares
capital · SH06
2026-04-21
capital-cancellation-shares
capital · SH06
2026-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-09
capital-cancellation-shares
capital · SH06
2024-03-27
capital-return-purchase-own-shares
capital · SH03
2024-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-11
capital-cancellation-shares
capital · SH06
2023-02-24
capital-return-purchase-own-shares
capital · SH03
2023-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-18