MANCAL HOLDINGS LIMITED
🌳Matureactive
SC083081 · ltd · incorporated 1983-05-12
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 40.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueActive trading company with a 79-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (73/100, director aged 79). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
15 live charges · oldest 40.1y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 40.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: high (82/100)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
15 charges (15/15 with lender, 15/15 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
143 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.
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 | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Average employees | 300 | 300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (52 events)Click to expand
- 2025-05-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-09📄change-person-director-company-with-change-dateofficers · CH01
- 2021-10-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-26🔓Charge satisfied #15
- 2021-10-26🔓Charge satisfied #11
- 2021-09-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-09-08🔓Charge satisfied #9
- 2021-08-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-08-19🔓Charge satisfied #16
- 2021-08-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-08-06🔓Charge satisfied #1
- 2021-04-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-05-31📄legacymiscellaneous · RP04CS01
- 2017-05-31📄second-filing-of-annual-return-with-made-up-datedocument-replacement · RP04AR01
- 2015-11-11🔒Charge registered #16Lender: The Royal Bank of Scotland PLC
- 2015-09-05🔓Charge satisfied #7
- 2013-02-21🔓Charge satisfied #14
- 2013-02-21🔓Charge satisfied #8
- 2013-02-21🔓Charge satisfied #6
- 2013-02-21🔓Charge satisfied #3
- 2013-02-21🔓Charge satisfied #2
- 2011-03-31🔓Charge satisfied #13
- 2011-03-31🔓Charge satisfied #12
- 2011-03-31🔓Charge satisfied #5
- 2011-03-31🔓Charge satisfied #4
- 2009-07-24➖TOFT, William Derek Clive resigneddirector
- 2002-06-19🔒Charge registered #15Lender: The Royal Bank of Scotland PLC
- 1998-02-28➕TOFT, Adelaide Campbell Christie appointedsecretary
- 1998-02-28➖ROBERTSON, John Stewart resignedsecretary
- 1996-12-15➕HOWARD, Nicola Jane appointeddirector
- 1996-12-15➕TOFT, Michael Derek Craig appointeddirector
- 1994-11-29🔒Charge registered #14Lender: The Royal Bank of Scotland PLC
- 1992-07-16🔒Charge registered #13Lender: The Royal Bank of Scotland PLC
- 1991-02-14🔒Charge registered #12Lender: The Royal Bank of Scotland PLC
- 1989-09-06🔒Charge registered #11Lender: The Royal Bank of Scotland PLC
- 1988-11-03🔒Charge registered #9Lender: The Royal Bank of Scotland PLC
- 1988-02-10🔒Charge registered #8Lender: The Royal Bank of Scotland PLC
- 1987-10-01🔒Charge registered #7Lender: The Royal Bank of Scotland PLC
- 1986-04-30🔒Charge registered #6Lender: The Royal Bank of Scotland PLC
- 1986-04-30🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 1986-04-30🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 1986-04-30🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 1986-04-30🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
Showing most recent 50 of 52 events
Owner dependency
83/100
Critical — business is the founderThe 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 29 years — deep operational knowledge concentrated in one person.
- +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
90/100
Likely off-market candidateStrong 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.
- primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 43 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Adelaide Campbell Christie Toft Individual · British · DOB 01/1947 · age 79 | 50–75% | — | 50-75% shares | 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
Active · Property · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BROOMWELL LIMITED→ SC044342 · est 1967 · no financials extracted | — | — | — | — | 59y | — | — |
| BUSTER BARS LTD→ SC785998 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CAMOCEAN LIMITED→ SC413441 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| CARGILL'S PROPERTY INVESTMENTS LTD→ SC781710 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CELTIC PROPERTY GUILD LTD→ SC781185 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CERBS PROPERTIES LTD→ SC717783 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CGM PROPERTY SERVICES LTD→ SC597949 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CGT PROPERTIES (SCOTLAND) LIMITED→ SC812177 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CH PROPERTY INVESTMENTS LTD→ SC834595 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CH&SR PROPERTIES LTD→ SC719181 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CHAAT PROPERTIES LTD→ SC618941 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| CHANGING SPACES (NORTHEAST) LTD→ SC760216 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated1983-05-12
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
White Gables The Brae
Auchterhouse
Angus
DD3 0QU
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-01-02
Last: 2025-12-19
Officers (4 active · 2 resigned)
TOFT, Adelaide Campbell Christie→
Activesecretary · appointed 1998-02-28
View their other companies + combined net worth →
HOWARD, Nicola Jane→
Activedirector · ~52y · appointed 1996-12-15
View their other companies + combined net worth →
Active
TOFT, Michael Derek Craig→
Activedirector · ~50y · appointed 1996-12-15
View their other companies + combined net worth →
ROBERTSON, John Stewart→
Resignedsecretary · resigned 1998-02-28
TOFT, William Derek Clive→
Resigneddirector · ~80y · resigned 2009-07-24
Click a director name to see their full track record across all companies.
Mortgages & charges
15
Total charges
0
Outstanding
0
Active lenders
Status:Lender:15 of 15 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 11/11/2015 | 19/08/2021 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 19/06/2002 | 26/10/2021 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 29/11/1994 | 21/02/2013 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 16/07/1992 | 31/03/2011 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 14/02/1991 | 31/03/2011 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 06/09/1989 | 26/10/2021 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 03/11/1988 | 08/09/2021 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 10/02/1988 | 21/02/2013 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 01/10/1987 | 05/09/2015 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 30/04/1986 | 21/02/2013 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 30/04/1986 | 31/03/2011 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 30/04/1986 | 31/03/2011 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 30/04/1986 | 21/02/2013 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 30/04/1986 | 21/02/2013 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 20/03/1986 | 06/08/2021 |
Recent filings (143 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-13
change-person-director-company-with-change-date
officers · CH01
2022-05-09
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-11
mortgage-satisfy-charge-full
mortgage · MR04
2021-10-26
mortgage-satisfy-charge-full
mortgage · MR04
2021-10-26
mortgage-satisfy-charge-full
mortgage · MR04
2021-09-08
mortgage-satisfy-charge-full
mortgage · MR04
2021-08-19
mortgage-satisfy-charge-full
mortgage · MR04
2021-08-06