ARRAN CHOCOLATE FACTORY LIMITED
- · Oldest live charge 26.1y old — refinance window within 12 months
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 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
3 live charges · 2 lenders · oldest 26.1y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 26.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £270.7k | £255.2k |
| Current assets | £102.6k | £87.1k |
| Net assets | £235.7k | £201.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (29 events)Click to expand
- 2025-06-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-05-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-05-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-07-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-03-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-03-23📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2016-12-31➖MCCHLERY, Alison Mclellan Muir resignedsecretary
- 2016-03-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-04-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-03-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2006-05-09🔒Charge registered #3Lender: Lloyds Tsb Scotland PLC
- 2006-03-13🔒Charge registered #2Lender: Lloyds Tsb Scotland PLC
- 2000-03-08🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2000-01-31➖MCCHLERY, Ian Preston resigneddirector
- 1998-02-25🏢Company incorporatedAs ARRAN CHOCOLATE FACTORY LIMITED
- 1998-02-25➕MCCHLERY, Alison Mclellan Muir appointeddirector
- 1998-02-25➕MCCHLERY, James appointeddirector
- 1998-02-25➕MCCHLERY, Alison Mclellan Muir appointedsecretary
- 1998-02-25➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 1998-02-25➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 1998-02-25➕MCCHLERY, Ian Preston appointeddirector
- 1998-02-25➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-director
- 1998-02-25➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 79 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 28 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
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Mcchlery Individual · British · DOB 07/1973 · age 53 | 50–75% | — | 50-75% shares | 25/02/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (2 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Scotland PLC | Standard security | 1 property | 09/05/2006 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Scotland PLC | Bond & floating charge | 1 property | 13/03/2006 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 08/03/2000 | — |