CALEDONIAN CLOTHING COMPANY LIMITED

💤Zombieactive
SC133702 · ltd · incorporated 1991-09-02
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.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£-119.2k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Wholesale of clothing and footwear
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
10 officers (2 active, 10 linked, 6 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
102 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £119,224

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£119k
Current Assets
£33k
Current Liabilities
-£119k-£89k-£58k-£28k£3k£33kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£-53.2k
Current assets£33.3k
Net assets£-119.2k
Average employees200

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-09-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-10-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-10-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-01-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-10-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-10-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-09-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2018-09-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2017-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-05-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2017-03-16
    📄
    capital-allotment-shares
    capital · SH01
  14. 2017-03-15
    📄
    statement-of-companys-objects
    change-of-constitution · CC04
  15. 2017-03-15
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2017-02-26
    NIVEN, David Irvine resigned
    director
  17. 2013-09-15
    NIVEN, Lawrence Irvine appointed
    secretary
  18. 2013-09-15
    NIVEN, Graham Irvine resigned
    secretary
  19. 2013-09-15
    NIVEN, Graham Irvine resigned
    director
  20. 2009-02-27
    NIVEN BARR, Pamela Jane Irvine resigned
    director
  21. 2008-06-20
    RODIER, Derick resigned
    director
  22. 2007-03-01
    RODIER, Derick appointed
    director
  23. 1996-10-29
    NIVEN BARR, Pamela Jane Irvine appointed
    director
  24. 1995-03-10
    MUIRHEAD, Hugh resigned
    director
  25. 1991-12-30
    MUIRHEAD, Hugh appointed
    director
  26. 1991-12-30
    NIVEN, David Irvine appointed
    director
  27. 1991-09-30
    NIVEN, Lawrence Irvine appointed
    director
  28. 1991-09-30
    NIVEN, Graham Irvine appointed
    secretary
  29. 1991-09-30
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  30. 1991-09-30
    NIVEN, Graham Irvine appointed
    director
  31. 1991-09-30
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  32. 1991-09-02
    🏢
    Company incorporated
    As CALEDONIAN CLOTHING COMPANY LIMITED
  33. 1991-09-02
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  34. 1991-09-02
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

93/100
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 35 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 35 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
NameSharesVoting rightsNature of controlNotified
Mr Lawrence Irvine Niven
Individual · British · DOB 04/1964 · age 62
5075%
50–75%50-75% shares · 50-75% voting06/04/2016
1 historic (ceased) PSC
  • David Irvine Nivenceased 26/02/2017· 25-50% 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 →

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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
Incorporated1991-09-02
Jurisdictionscotland
Primary SIC46420 — Wholesale of clothing and footwear

Registered office

15 Borthwick View
Pentland Industrial Estate
Loanhead
Midlothian
EH20 9QH

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-19
Last: 2026-02-05

Officers (2 active · 8 resigned)

NIVEN, Lawrence Irvine
secretary · appointed 2013-09-15
View their other companies + combined net worth →
Active
NIVEN, Lawrence Irvine
director · ~62y · appointed 1991-09-30
View their other companies + combined net worth →
Active
NIVEN, Graham Irvine
secretary · appointed 1991-09-30 · resigned 2013-09-15
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 1991-09-02 · resigned 1991-09-30
Resigned
MUIRHEAD, Hugh
director · ~85y · appointed 1991-12-30 · resigned 1995-03-10
Resigned
NIVEN, David Irvine
director · ~60y · appointed 1991-12-30 · resigned 2017-02-26
Resigned
NIVEN, Graham Irvine
director · ~89y · appointed 1991-09-30 · resigned 2013-09-15
Resigned
NIVEN BARR, Pamela Jane Irvine
director · ~58y · appointed 1996-10-29 · resigned 2009-02-27
Resigned
RODIER, Derick
director · ~67y · appointed 2007-03-01 · resigned 2008-06-20
Resigned
JORDANS (SCOTLAND) LIMITED
corporate-nominee-director · appointed 1991-09-02 · resigned 1991-09-30
Resigned

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

Recent filings (102 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-31
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-13
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-07
confirmation-statement-with-updates
confirmation-statement · CS01
2020-09-09
accounts-with-accounts-type-micro-entity
accounts · AA
2019-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-15