CALMAN TRUST
🌳Matureactive
SC184887 · private-limited-guarant-nsc-limited-exemption · incorporated 1998-04-16
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other activities of employment placement agencies
Sector: Administrative & support services
ALSO REGISTERED FOR
- 85590Other education n.e.c.
- 88990Other social work activities without accommodation n.e.c.
Investor take
PursueActive trading company with a 68-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 16.3y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 16.3 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 38/100 — workable, but lender will want more DD.
Data confidence
Overall: low (49/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
24 officers (3 active, 24 linked, 18 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
4 connected companies via shared directors
57
Filing history
110 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
1
filing
- • 1 accounts
Last 90 days
4
filings
- • 3 mortgage
- • 1 accounts
Last 180 days
6
filings
- • 3 mortgage
- • 2 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (73 events)Click to expand
- 2026-04-01📄accounts-with-accounts-type-groupaccounts · AA
- 2026-03-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-14🔓Charge satisfied #1
- 2026-03-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-06🔓Charge satisfied #2
- 2026-03-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-04🔒Charge registered #4Lender: Inverness Badenoch and Strathspey Citizens Advice Bureau
- 2025-12-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-17📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-12-15➖NAIRN, Robin Vernon resigneddirector
- 2025-12-11➖GRIGOR, Isobel, Dr resignedsecretary
- 2024-12-23📄accounts-with-accounts-type-groupaccounts · AA
- 2024-11-28📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-11-28📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-10-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-02➖FRASER, Sheila resigneddirector
- 2024-04-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-04📄accounts-amended-with-accounts-type-groupaccounts · AAMD
- 2024-03-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-19➕NAIRN, Robin Vernon appointeddirector
- 2023-12-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-04📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-12-04📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-09-18➕GRIGOR, Isobel, Dr appointedsecretary
- 2023-09-18➖GRIGOR, Isobel Kay, Dr resignedsecretary
- 2023-09-18➕THOMSON, Tracey appointedsecretary
- 2023-09-18➖THOMSON, Tracey resignedsecretary
- 2023-09-18➖BRAMLEY, Mark Stuart resigneddirector
- 2023-04-12📄accounts-with-accounts-type-groupaccounts · AA
- 2022-05-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-05-25➖HOWARTH, Jeffrey Harry, Dr resigneddirector
- 2022-04-04📄accounts-with-accounts-type-groupaccounts · AA
- 2021-08-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-08-03🔒Charge registered #3Lender: Social Growth Fund 2 LLP
- 2021-06-21📄accounts-with-accounts-type-groupaccounts · AA
- 2021-03-18➖FRASER, David John resigneddirector
- 2020-04-01➕STEWART, Linda Ann appointeddirector
- 2019-12-18➖BROWN, Fiona Anne resigneddirector
- 2019-06-11➕HOWARTH, Jeffrey Harry, Dr appointeddirector
- 2019-06-04➕NIXSEAMAN, Andrew Peter appointeddirector
- 2018-11-22➖MEAD, Elaine Claire Shelford resigneddirector
- 2018-04-01➕BRAMLEY, Mark Stuart appointeddirector
- 2018-03-31➖SHARP, Alasdair Roderick resigneddirector
- 2017-04-18➖MACLEAN-YUILLE, Karen Margaret resigneddirector
- 2016-08-09➕MEAD, Elaine Claire Shelford appointeddirector
- 2016-05-23➕WHITEHOUSE, Andrew appointeddirector
- 2012-12-06➖CAMPBELL, George William resigneddirector
- 2012-03-07➕FRASER, David John appointeddirector
- 2011-05-25➕MACLEAN-YUILLE, Karen Margaret appointeddirector
- 2010-02-17➕FRASER, Sheila appointeddirector
Showing most recent 50 of 73 events
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- secondaryStable-but-static management: Company is 28 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: GRIGOR, Isobel, Dr resigned 2025-12-11; NAIRN, Robin Vernon resigned 2025-12-15
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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 · Professional services · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BRYANT GROUP (SCOTLAND) LIMITED→ SC175930 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| C MOR MECHANICAL LTD→ SC719497 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CAMERON CARNEGIE CONSULTING LTD→ SC436432 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| CATOE/BROWN ARCHITECTURE & LANDSCAPE STUDIO LTD→ SC722472 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CEEFOX LTD→ SC868727 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CHISCOT LIMITED→ SC126291 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| CLASHACH CONTROLS LTD→ SC515139 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| CMM ACCOUNTANCY (INVERNESS) LIMITED→ SC279223 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| COLIN ARMSTRONG ARCHITECTS LTD→ SC530753 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| COOCOO CAMPERS LTD→ SC844313 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| COSMIC LATTE LTD→ SC776773 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CRAIG WOOD SOLICITORS LTD→ SC483355 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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
Typeprivate-limited-guarant-nsc-limited-exemption
Incorporated1998-04-16
Jurisdictionscotland
Primary SIC78109 — Other activities of employment placement agencies
Registered office
7 Strothers Lane
Inverness
IV1 1LR
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-29
Last: 2025-04-15
Officers (3 active · 21 resigned)
NIXSEAMAN, Andrew Peter→
Activedirector · ~63y · appointed 2019-06-04
View their other companies + combined net worth →
STEWART, Linda Ann→
Activedirector · ~68y · appointed 2020-04-01
View their other companies + combined net worth →
WHITEHOUSE, Andrew→
Activedirector · ~34y · appointed 2016-05-23
View their other companies + combined net worth →
GRIGOR, Isobel, Dr→
Resignedsecretary · appointed 2023-09-18 · resigned 2025-12-11
GRIGOR, Isobel Kay, Dr→
Resignedsecretary · appointed 2009-03-31 · resigned 2023-09-18
LAMONT, Derek Matheson→
Resignedsecretary · appointed 1999-11-09 · resigned 2001-02-05
MACLEOD, Muriel Ann→
Resignedsecretary · appointed 1998-04-16 · resigned 1999-11-09
THOMSON, Tracey→
Resignedsecretary · appointed 2023-09-18 · resigned 2023-09-18
WYLLIE, William Sinclair→
Resignedsecretary · appointed 2001-02-05 · resigned 2009-03-31
BRAMLEY, Mark Stuart→
Resigneddirector · ~53y · appointed 2018-04-01 · resigned 2023-09-18
BROWN, Fiona Anne→
Resigneddirector · ~73y · appointed 2001-02-05 · resigned 2019-12-18
CAMPBELL, George William→
Resigneddirector · ~62y · appointed 1998-04-16 · resigned 2012-12-06
FRASER, David John→
Resigneddirector · ~78y · appointed 2012-03-07 · resigned 2021-03-18
FRASER, Sheila→
Resigneddirector · ~64y · appointed 2010-02-17 · resigned 2024-10-02
GRIGOR, Isobel Kay, Dr→
Resigneddirector · ~72y · appointed 2008-04-01 · resigned 2008-07-07
HOWARTH, Jeffrey Harry, Dr→
Resigneddirector · ~73y · appointed 2019-06-11 · resigned 2022-05-25
LAMONT, Derek Matheson→
Resigneddirector · ~62y · appointed 1998-04-16 · resigned 2001-02-05
MACLEAN-YUILLE, Karen Margaret→
Resigneddirector · ~51y · appointed 2011-05-25 · resigned 2017-04-18
MACLEOD, Muriel Ann→
Resigneddirector · ~65y · appointed 1998-04-16 · resigned 1999-11-09
MEAD, Elaine Claire Shelford→
Resigneddirector · ~66y · appointed 2016-08-09 · resigned 2018-11-22
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Inverness Badenoch and Strathspey Citizens Advice Bureau | A registered charge | 1 property | 04/03/2026 | — | |
| outstanding | Social Growth Fund 2 Social Growth Fund 2 LLP | A registered charge | 1 property | 03/08/2021 | — | |
| satisfied | Big Lottery Fund | Standard security | 1 property | 05/01/2010 | 06/03/2026 | |
| satisfied | Social Investment Scotland | Standard security | 1 property | 05/01/2010 | 14/03/2026 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (110 total)
accounts-with-accounts-type-group
accounts · AA
2026-04-01
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-14
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-04
termination-director-company-with-name-termination-date
officers · TM01
2025-12-17
termination-secretary-company-with-name-termination-date
officers · TM02
2025-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-28
accounts-with-accounts-type-group
accounts · AA
2024-12-23
termination-secretary-company-with-name-termination-date
officers · TM02
2024-11-28
appoint-person-secretary-company-with-name-date
officers · AP03
2024-11-28
termination-director-company-with-name-termination-date
officers · TM01
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-22
appoint-person-director-company-with-name-date
officers · AP01
2024-04-09
accounts-amended-with-accounts-type-group
accounts · AAMD
2024-04-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-04