CLANMILL LIMITED
💤Zombieactive
SC154748 · ltd · incorporated 1994-12-06
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 May 2025
Net worth
£927.1k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 10130
Sector: Manufacturing
Investor take
PursueActive trading company with a 66-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 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
2 live charges · oldest 18.9y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 18.9 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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 1 with DOB)
73
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
87 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £927,075
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£927k
↑ 1.5% YoY
Current Assets
£366k
↓ 7.0% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £1.07M | £1.13M |
| Current assets | £366.4k | £394.1k |
| Debtors | £208.3k | £237.9k |
| Net assets | £927.1k | £913.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2026-01-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-01-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-12-05📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-02-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-10-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-02-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-12-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-04-08📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-04-06📄gazette-notice-compulsorygazette · GAZ1
- 2020-10-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-02-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-07-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-01-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-12-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2016-12-09📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-07-11🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 2007-06-14🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1999-12-31➕UNAL, Talat appointedsecretary
- 1999-12-31➖MUIR, James resignedsecretary
- 1999-03-26➖UNAL, Talat resigneddirector
- 1999-03-20➕MUIR, James appointedsecretary
- 1999-03-20➖UNAL, Talat resignedsecretary
- 1994-12-13➕POLAT, Mehmet appointeddirector
- 1994-12-13➕UNAL, Talat appointedsecretary
- 1994-12-13➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 1994-12-13➕UNAL, Talat appointeddirector
- 1994-12-13➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
- 1994-12-06🏢Company incorporatedAs CLANMILL LIMITED
- 1994-12-06➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 1994-12-06➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-director
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
95/100
Likely off-market candidateStrong 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.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 31 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mehmet Polat Individual · British · DOB 04/1960 · age 66 | 25–50% | — | 25-50% shares | 08/01/2026 |
Mr Unal Talat Individual · Turkish · DOB 11/1964 · age 62 | 25–50% | — | 25-50% shares | 06/04/2016 |
1 historic (ceased) PSC
- Mr Mehmut Polatceased 07/01/2026· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 55TH PARALLEL COFFEE LTD→ SC755858 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| A P JESS (PAISLEY) LTD.→ SC157144 · est 1995 · no financials extracted | — | — | — | — | 31y | — | — |
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| ARKOG LTD→ SC655565 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| BESPOKE WAFERS LIMITED→ SC811580 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BLOCK, GREY AND BLOCK LIMITED→ SC172241 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
| BORGO ITALIA LTD→ SC828295 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BRAE SCOTLAND LIMITED→ SC866286 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BREAD AND BUNS LTD→ SC843482 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BREADWINNERS NURSERY CATERING LTD LTD→ SC663461 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BROOKIE BAKERY LTD→ SC851461 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BROT & CO LTD→ SC805382 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Typeltd
Incorporated1994-12-06
Jurisdictionscotland
Primary SIC10130 — SIC 10130
Registered office
54 Cowgate
Kirkintilloch
Glasgow
G66 1HN
Scotland
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-12-20
Last: 2025-12-06
Officers (2 active · 5 resigned)
Active
POLAT, Mehmet→
Activedirector · ~66y · appointed 1994-12-13
View their other companies + combined net worth →
MUIR, James→
Resignedsecretary · appointed 1999-03-20 · resigned 1999-12-31
UNAL, Talat→
Resignedsecretary · appointed 1994-12-13 · resigned 1999-03-20
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1994-12-06 · resigned 1994-12-13
UNAL, Talat→
Resigneddirector · appointed 1994-12-13 · resigned 1999-03-26
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 1994-12-06 · resigned 1994-12-13
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 11/07/2007 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 14/06/2007 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (87 total)
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-10-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-06
gazette-filings-brought-up-to-date
gazette · DISS40
2021-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-07
gazette-notice-compulsory
gazette · GAZ1
2021-04-06