CALA ASSETS LIMITED

⚰️Wound downdissolved
SC121941 · ltd · incorporated 1989-12-15
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 32.8y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
50/100
Worth a look
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed dormant / non-trading — structural issues outweigh the discount.

Opportunity 50/100 (worth a look), bankability 60/100. Strong seller-intent signal (88/100, director aged 66). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (50/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 32.8y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 32.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: low (53/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
24 officers (3 active, 24 linked, 17 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
18 connected companies via shared directors
90
Filing history
135 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

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 (80 events)Click to expand
  1. 2013-10-12
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2013-10-12
    🏁
    Company dissolved
  3. 2013-07-12
    ⚠️
    liquidation-voluntary-return-of-final-meeting-scotland
    insolvency · 4.26(Scot)
  4. 2013-01-22
    📄
    legacy
    mortgage · MG03s
  5. 2013-01-22
    📄
    legacy
    mortgage · MG03s
  6. 2013-01-22
    📄
    legacy
    mortgage · MG03s
  7. 2013-01-22
    🔓
    Charge satisfied #4
  8. 2013-01-22
    🔓
    Charge satisfied #3
  9. 2013-01-22
    🔓
    Charge satisfied #2
  10. 2012-12-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2012-10-08
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2011-12-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2011-04-28
    📄
    legacy
    mortgage · MG02s
  14. 2011-04-21
    🔓
    Charge satisfied #1
  15. 2011-02-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2010-12-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2010-07-07
    📄
    legacy
    mortgage · MG01s
  18. 2010-06-29
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC
  19. 2010-03-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2010-01-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  21. 2010-01-09
    📄
    termination-director-company-with-name
    officers · TM01
  22. 2010-01-09
    📄
    termination-director-company-with-name
    officers · TM01
  23. 2010-01-09
    📄
    appoint-person-director-company-with-name
    officers · AP01
  24. 2010-01-09
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  25. 2010-01-09
    📄
    capital-name-of-class-of-shares
    capital · SH08
  26. 2010-01-09
    📄
    statement-of-companys-objects
    change-of-constitution · CC04
  27. 2010-01-09
    📄
    resolution
    resolution · RESOLUTIONS
  28. 2009-12-23
    📄
    legacy
    mortgage · MG01s
  29. 2009-12-23
    📄
    legacy
    mortgage · MG01s
  30. 2009-12-21
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  31. 2009-12-21
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  32. 2009-12-16
    BROWN, Alan Duke appointed
    director
  33. 2009-12-16
    BALL, Geoffrey Arthur resigned
    director
  34. 2009-12-16
    DOWNIE, Alan Wood resigned
    director
  35. 2009-11-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  36. 2009-10-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  37. 2006-04-01
    LEDGE SERVICES LIMITED appointed
    corporate-secretary
  38. 2006-04-01
    LEDINGHAM CHALMERS LLP resigned
    corporate-secretary
  39. 2003-01-13
    REID, John Graham Gunn appointed
    director
  40. 2003-01-13
    GOLDRING, David John resigned
    secretary
  41. 2003-01-13
    LEDINGHAM CHALMERS LLP appointed
    corporate-secretary
  42. 2003-01-13
    ALLAN, John resigned
    director
  43. 2003-01-13
    BALL, Geoffrey Arthur appointed
    director
  44. 2003-01-13
    DOWNIE, Alan Wood appointed
    director
  45. 2003-01-13
    MILLAR, Robert James resigned
    director
  46. 2001-11-16
    GOLDRING, David John appointed
    secretary
  47. 2001-11-16
    MACRAE, Alistair Ian resigned
    secretary
  48. 2001-11-16
    MCDONALD, Derek resigned
    director
  49. 2001-11-16
    MIDDLETON, Douglas Alister resigned
    director
  50. 2000-12-15
    HUTCHISON, Graeme resigned
    director
Showing most recent 50 of 80 events

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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

86/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 36 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

2 high · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2013-10-12

2 insolvency-related filings on record
high

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

Evidence: 2013-10-12: gazette-dissolved-liquidation; 2013-07-12: liquidation-voluntary-return-of-final-meeting-scotland

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.

🔒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

10 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

Statusdissolved
Typeltd
Incorporated1989-12-15
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

Johnstone House
52-54 Rose Street
Aberdeen
AB10 1HA

Filing status

Accounts
Next due:
Last made up to: 2011-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 21 resigned)

LEDGE SERVICES LIMITED
corporate-secretary · appointed 2006-04-01
View their other companies + combined net worth →
Active
BROWN, Alan Duke
director · ~66y · appointed 2009-12-16
View their other companies + combined net worth →
Active
REID, John Graham Gunn
director · ~62y · appointed 2003-01-13
View their other companies + combined net worth →
Active
BLACK, Lysanne Jane Warren
secretary · appointed 2000-06-06 · resigned 2000-09-01
Resigned
FERRIE, Joyce
secretary · appointed 1990-04-05 · resigned 2000-01-31
Resigned
GOLDRING, David John
secretary · appointed 2001-11-16 · resigned 2003-01-13
Resigned
MACRAE, Alistair Ian
secretary · appointed 2000-09-01 · resigned 2001-11-16
Resigned
ROBERTSON, John William
secretary · appointed 1990-04-05 · resigned 2000-06-06
Resigned
LEDINGHAM CHALMERS LLP
corporate-secretary · appointed 2003-01-13 · resigned 2006-04-01
Resigned
ALLAN, John
director · ~66y · appointed 1996-05-08 · resigned 2003-01-13
Resigned
BALL, Geoffrey Arthur
director · ~83y · appointed 2003-01-13 · resigned 2009-12-16
Resigned
DOWNIE, Alan Wood
director · ~76y · appointed 2003-01-13 · resigned 2009-12-16
Resigned
HUTCHISON, Graeme
director · ~66y · appointed 1997-09-30 · resigned 2000-12-15
Resigned
JACKSON, Stanley Robertson
director · ~77y · appointed 1990-10-01 · resigned 1991-01-21
Resigned
KELLEY, Anthony John
director · ~82y · appointed 1991-11-15 · resigned 1995-12-20
Resigned
MCDONALD, Derek
director · ~59y · appointed 2000-12-15 · resigned 2001-11-16
Resigned
MIDDLETON, Douglas Alister
director · ~57y · appointed 2000-12-15 · resigned 2001-11-16
Resigned
MILLAR, Robert James
director · ~73y · appointed 1995-12-20 · resigned 2003-01-13
Resigned
NICOL, Alexander David
director · ~88y · appointed 1990-04-05 · resigned 1997-09-30
Resigned
PARKINSON, Susan Jill
director · ~66y · appointed 1991-01-21 · resigned 1996-05-08
Resigned

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Debenture1 property29/06/201022/01/2013
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Debenture1 property21/12/200922/01/2013
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Bond & floating charge1 property21/12/200922/01/2013
satisfied
Alfred Henry John Painter
Legal charge1 property30/06/199321/04/2011

Recent filings (135 total)

gazette-dissolved-liquidation
gazette · GAZ2
2013-10-12
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2013-07-12
legacy
mortgage · MG03s
2013-01-22
legacy
mortgage · MG03s
2013-01-22
legacy
mortgage · MG03s
2013-01-22
accounts-with-accounts-type-dormant
accounts · AA
2012-12-28
resolution
resolution · RESOLUTIONS
2012-10-08
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-12-16
legacy
mortgage · MG02s
2011-04-28
accounts-with-accounts-type-dormant
accounts · AA
2011-02-10
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-12-15
legacy
mortgage · MG01s
2010-07-07
accounts-with-accounts-type-dormant
accounts · AA
2010-03-12
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-01-22
termination-director-company-with-name
officers · TM01
2010-01-09