CLAVIE DEVELOPMENTS LIMITED

💤Zombieactive

SC124352 · ltd · incorporated 1990-04-12

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Apr 2025

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 99999

Sector: Extraterritorial bodies

Investor take

Pursue

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

Opportunity 82/100 (exceptional), bankability 70/100. Strong seller-intent signal (83/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 4 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · oldest 35.9y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 35.9 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

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

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

5 officers (2 active, 5 linked, 2 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

91 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

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	2025-04-30	2024-04-30
Average employees	0	0

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (29 events)Click to expand

2025-09-24
📄
accounts-with-accounts-type-dormant
accounts · AA
2025-01-08
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-12-18
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-03-31
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-11-17
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-04-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-18
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2019-06-18
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-06-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-04-09
➖
MAIN, Alexander John resigned
director
2018-07-05
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-10-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-06-15
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-06-08
📄
accounts-with-accounts-type-dormant
accounts · AA
2015-07-14
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-06-03
📄
accounts-with-accounts-type-dormant
accounts · AA
1991-12-03
🔒
Charge registered #4
Lender: Clydesdale Bank Public Limited Company
1991-10-10
🔒
Charge registered #3
Lender: Clydesdale Bank Public Limited Company
1990-08-24
🔒
Charge registered #2
Lender: Clydesdale Bank Public Limited Company
1990-07-05
🔒
Charge registered #1
Lender: Clydesdale Bank Public Limited Company
1990-04-12
🏢
Company incorporated
As CLAVIE DEVELOPMENTS LIMITED
1990-04-12
➕
ALLAN BLACK & MCCASKIE appointed
corporate-secretary
1990-04-12
➕
GORDON, John Stewart appointed
director
1990-04-12
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
1990-04-12
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
1990-04-12
➕
MAIN, Alexander John appointed
director
1990-04-12
➕
JORDANS (SCOTLAND) LIMITED appointed
corporate-nominee-director
1990-04-12
➖
JORDANS (SCOTLAND) LIMITED resigned
corporate-nominee-director

Owner dependency

100/100

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

+Sole director: Only one active director — all governance concentrated on one person.
+Long-tenure founder: Senior director has been in place 36 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

100/100

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.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 36 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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr John Stewart Gordon Individual · British · DOB 08/1947 · age 79	75–100%	75–100%	75-100% shares · 75-100% voting	08/04/2019

1 historic (ceased) PSC

Mr Alexander John Mainceased 08/04/2019· 25-50% shares · 25-50% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Other · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
HOLM EVANGELICAL CHURCH→ SC162650 · est 1996	—	—	—	10	30y	83	80y
RAASAY HOUSE COMMUNITY COMPANY LIMITED→ SC200315 · est 1999	—	—	£103.1k	—	26y	83	71y
HIGHLAND CHRISTMAS TREES LIMITED→ SC156764 · est 1995	—	—	—	0	31y	82	82y
HORTON INTERNATIONAL LIMITED→ SC061946 · est 1977	—	—	—	0	49y	82	82y
THE SAFETY ASSOCIATION OF FEDERATED EMPLOYERS→ SC191840 · est 1998	—	—	£432.4k	—	27y	82	62y
BAR - COM (INVERNESS) LIMITED→ SC284142 · est 2005	—	—	£1	—	21y	81	68y
BAR - TEC (SCOTLAND) LIMITED→ SC265426 · est 2004	—	—	£1	—	22y	81	68y
THE ELGIN BRIDGE CENTRE→ SC273493 · est 2004	—	—	£196.5k	—	21y	81	80y
TRANSITION BLACK ISLE→ SC398650 · est 2011 · no financials extracted	—	—	—	—	15y	81	86y
AR DIECAST MODELS LIMITED→ SC290465 · est 2005	—	—	—	—	20y	80	58y
ARDROSS COMMUNITY HALL→ SC181277 · est 1997 · no financials extracted	—	—	—	—	28y	80	65y
BURGHEAD AMENITIES ASSOCIATION→ SC222370 · est 2001	—	—	£127.1k	—	24y	80	69y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

9 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

Incorporated1990-04-12

Jurisdictionscotland

Primary SIC99999 — SIC 99999

Registered office

151 High St.

Elgin

Moray

IV30 1DX

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2026-06-19

Last: 2025-06-05

Officers (2 active · 3 resigned)

ALLAN BLACK & MCCASKIE→

corporate-secretary · appointed 1990-04-12

View their other companies + combined net worth →

Active

GORDON, John Stewart→

director · ~79y · appointed 1990-04-12

View their other companies + combined net worth →

Active

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 1990-04-12 · resigned 1990-04-12

Resigned

MAIN, Alexander John→

director · ~82y · appointed 1990-04-12 · resigned 2019-04-09

Resigned

JORDANS (SCOTLAND) LIMITED→

corporate-nominee-director · appointed 1990-04-12 · resigned 1990-04-12

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:4 of 4 shown

		Type	Properties
outstanding	Virgin Money Clydesdale Bank Public Limited Company	Standard security	1 property	03/12/1991	—
outstanding	Virgin Money Clydesdale Bank Public Limited Company	Standard security	1 property	10/10/1991	—
outstanding	Virgin Money Clydesdale Bank Public Limited Company	Standard security	1 property	24/08/1990	—
outstanding	Virgin Money Clydesdale Bank Public Limited Company	Floating charge	1 property	05/07/1990	—

Click column headers to sort. Use filters above to narrow by status and lender.