CANAN ALBA LTD.

💤Zombieactive
SC138868 · private-limited-guarant-nsc · incorporated 1992-06-16
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
not disclosed
Net worth
book net assets
Opportunity
79/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Artistic creation
Sector: Arts, entertainment & recreation
Investor take
Pursue
Active trading company with a 73-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (78/100, director aged 73). 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).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 33.6y

30/100
under pressure

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

  • · Oldest live charge is 33.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (57/100)

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
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
23 officers (1 active, 23 linked, 16 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
125 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
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 (67 events)Click to expand
  1. 2025-06-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-09-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2024-09-23
    🔓
    Charge satisfied #2
  4. 2024-08-27
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2024-08-27
    🔓
    Charge satisfied #1
  6. 2024-04-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-01-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2021-12-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2021-10-15
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2021-10-09
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  11. 2021-08-31
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2021-06-08
    📄
    accounts-amended-with-accounts-type-dormant
    accounts · AAMD
  13. 2021-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-08-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-01-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-06-21
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  17. 2018-06-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2018-06-18
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  19. 2018-05-03
    GORDON, Iain Andrew resigned
    secretary
  20. 2018-05-03
    GORDON, Iain Andrew resigned
    director
  21. 2018-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2016-02-12
    MUNRO, Donald, Dr appointed
    director
  23. 2013-03-12
    MACRAE, Karen Isobel resigned
    director
  24. 2012-06-12
    HUNT, Ian Spinks resigned
    director
  25. 2010-02-02
    GORDON, Iain Andrew appointed
    secretary
  26. 2010-02-02
    DICK, Lachlan Finlay resigned
    director
  27. 2010-02-02
    GORDON, Iain Andrew appointed
    director
  28. 2010-02-02
    HUNT, Ian Spinks appointed
    director
  29. 2009-03-06
    ROBERTSON, Calum resigned
    secretary
  30. 2009-02-28
    CAMERON, Margaret resigned
    director
  31. 2008-12-17
    GILLIES, Norman Neil Nicolson, Professor resigned
    director
  32. 2007-11-18
    MACINTOSH, Farquhar, Dr resigned
    director
  33. 2006-03-17
    MACRAE, Karen Isobel appointed
    director
  34. 2001-12-12
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  35. 2000-03-17
    CAMPBELL, Allan resigned
    director
  36. 1999-05-14
    BRUCE, Alasdair resigned
    director
  37. 1999-02-23
    DICK, Lachlan Finlay appointed
    director
  38. 1998-06-12
    RENNIE, Agnes resigned
    director
  39. 1996-06-26
    RENNIE, Agnes appointed
    director
  40. 1995-11-30
    LAWRIE, Sheelagh Jane resigned
    director
  41. 1995-11-27
    ROBERTSON, Calum appointed
    secretary
  42. 1995-11-21
    NICOLSON, Alexander Hugh resigned
    secretary
  43. 1995-08-30
    BRUCE, Alasdair appointed
    director
  44. 1995-08-30
    CAMERON, Margaret appointed
    director
  45. 1995-08-30
    MACKAY, John Angus resigned
    director
  46. 1994-08-16
    LEGGAT, Elizabeth Lauder resigned
    secretary
  47. 1994-08-16
    NICOLSON, Alexander Hugh appointed
    secretary
  48. 1994-08-16
    DICK, Lachlan Finlay resigned
    director
  49. 1994-08-16
    MACKAY, John Angus appointed
    director
  50. 1994-04-01
    LEGGAT, Elizabeth Lauder appointed
    secretary
Showing most recent 50 of 67 events

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

90/100
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 73 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 34 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.)

Group structure

Sabhal Mòr Ostaig (Ltd) is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Sabhal Mòr Ostaig (Ltd)
Corporate parent · board control
CANAN ALBA LTD.
This company · SC138868

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Sabhal Mòr Ostaig (Ltd)
Corporate entity
75–100%board control75-100% voting · board control06/04/2016

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 · Leisure & entertainment · IV postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AVOCH AMENITIES ASSOCIATION
SC360020 · est 2009 · no financials extracted
16y
BRIGHT WATER TRADING LIMITED
SC229248 · est 2002 · no financials extracted
24y
CADDY & CASK LTD
SC858119 · est 2025 · no financials extracted
CELTIC WORSHIP LIMITED
SC689789 · est 2021 · no financials extracted
5y
CHILLED RUNNING LTD
SC769727 · est 2023 · no financials extracted
2y
COMPANY HAME CIC
SC830484 · est 2024 · no financials extracted
1y
DAYDREAM DRAWS LTD
SC800000 · est 2024 · no financials extracted
2y
EASE EVENT SOLUTIONS LTD
SC663793 · est 2020 · no financials extracted
5y
ELGIN MOKTOBERFEST CIC
SC606260 · est 2018 · no financials extracted
7y
ELGIN MOTORSPORT PROMOTIONS
SC193008 · est 1999 · no financials extracted
27y
EXPERIENCE SKYE LTD
SC803283 · est 2024 · no financials extracted
2y
F.C. INVERNESS LIMITED
SC843131 · est 2025 · no financials extracted
1y
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
Typeprivate-limited-guarant-nsc
Incorporated1992-06-16
Jurisdictionscotland
Primary SIC90030 — Artistic creation

Registered office

Sabhal Mor Ostaig
Teangue
Sleat
Isle Of Skye
IV44 8RQ

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-06-30
Last: 2025-06-16

Officers (1 active · 22 resigned)

MUNRO, Donald, Dr
director · ~73y · appointed 2016-02-12
View their other companies + combined net worth →
Active
GORDON, Iain Andrew
secretary · appointed 2010-02-02 · resigned 2018-05-03
Resigned
LEGGAT, Elizabeth Lauder
secretary · appointed 1994-04-01 · resigned 1994-08-16
Resigned
MACDONALD, Callum
secretary · appointed 1992-06-10 · resigned 1994-04-01
Resigned
NICOLSON, Alexander Hugh
secretary · appointed 1994-08-16 · resigned 1995-11-21
Resigned
ROBERTSON, Calum
secretary · appointed 1995-11-27 · resigned 2009-03-06
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 1992-06-16 · resigned 1992-06-10
Resigned
BRUCE, Alasdair
director · ~81y · appointed 1995-08-30 · resigned 1999-05-14
Resigned
CAMERON, Margaret
director · ~64y · appointed 1995-08-30 · resigned 2009-02-28
Resigned
CAMPBELL, Allan
director · ~78y · appointed 1992-12-14 · resigned 2000-03-17
Resigned
DICK, Lachlan Finlay
director · ~91y · appointed 1999-02-23 · resigned 2010-02-02
Resigned
DICK, Lachlan Finlay
director · ~91y · appointed 1992-12-14 · resigned 1994-08-16
Resigned
DICK-BANNERMAN, Chrissie
director · ~92y · appointed 1993-02-18 · resigned 1993-12-31
Resigned
GILLIES, Norman Neil Nicolson, Professor
director · ~79y · appointed 1992-06-10 · resigned 2008-12-17
Resigned
GORDON, Iain Andrew
director · ~77y · appointed 2010-02-02 · resigned 2018-05-03
Resigned
HUNT, Ian Spinks
director · ~72y · appointed 2010-02-02 · resigned 2012-06-12
Resigned
LAWRIE, Sheelagh Jane
director · ~60y · appointed 1993-08-23 · resigned 1995-11-30
Resigned
MACINTOSH, Farquhar, Dr
director · ~103y · appointed 1992-07-01 · resigned 2007-11-18
Resigned
MACKAY, John Angus
director · ~78y · appointed 1994-08-16 · resigned 1995-08-30
Resigned
MACRAE, Karen Isobel
director · ~70y · appointed 2006-03-17 · resigned 2013-03-12
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property12/12/200123/09/2024
satisfied
Skye and Lochalsh Local Enterprise Company
Skye and Lochalsh Local Enterprise Company Limited
Floating charge1 property07/09/199227/08/2024

Recent filings (125 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-27
accounts-with-accounts-type-dormant
accounts · AA
2025-06-04
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-23
mortgage-satisfy-charge-full
mortgage · MR04
2024-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-22
accounts-with-accounts-type-dormant
accounts · AA
2024-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-14
accounts-with-accounts-type-dormant
accounts · AA
2023-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-17
accounts-with-accounts-type-dormant
accounts · AA
2021-12-22
gazette-filings-brought-up-to-date
gazette · DISS40
2021-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-14
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2021-10-09
gazette-notice-compulsory
gazette · GAZ1
2021-08-31
accounts-amended-with-accounts-type-dormant
accounts · AAMD
2021-06-08