CALEDONIAN CINEMAS LIMITED

💤Zombieactive
SC252070 · ltd · incorporated 2003-07-01
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 Mar 2025
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Operation of arts facilities
Sector: Arts, entertainment & recreation
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 68). 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
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
61 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Average employees12001200

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-04-21
    📄
    capital-alter-shares-redemption-statement-of-capital
    capital · SH02
  5. 2023-04-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  6. 2023-04-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2022-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-03-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-03-05
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2020-10-05
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2020-10-01
    📄
    memorandum-articles
    incorporation · MA
  12. 2020-10-01
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2020-10-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-10-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2020-09-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  16. 2020-09-30
    📄
    capital-allotment-shares
    capital · SH01
  17. 2020-07-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2020-06-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2019-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-07-15
    MACKENZIE, Gavin resigned
    director
  21. 2003-07-01
    🏢
    Company incorporated
    As CALEDONIAN CINEMAS LIMITED
  22. 2003-07-01
    MACKENZIE, Gavin appointed
    secretary
  23. 2003-07-01
    FARQUHARSON, Ronald appointed
    director
  24. 2003-07-01
    MACKENZIE, Gavin appointed
    director

Owner dependency

100/100
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 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

95/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. 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 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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

Cs2010 Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Cs2010 Limited
Corporate parent · holds 75-100% shares
ultimate parent
CALEDONIAN CINEMAS LIMITED
This company · SC252070

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
Cs2010 Limited
Corporate entity
75100%
75-100% shares06/04/2016
1 historic (ceased) PSC
  • Regcommunity Limitedceased 31/03/2023· 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

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
Incorporated2003-07-01
Jurisdictionscotland
Primary SIC90040 — Operation of arts facilities

Registered office

1 Hill Park
Inverness
IV2 4AL
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-15
Last: 2025-07-01

Officers (2 active · 1 resigned)

MACKENZIE, Gavin
secretary · appointed 2003-07-01
View their other companies + combined net worth →
Active
FARQUHARSON, Ronald
director · ~68y · appointed 2003-07-01
View their other companies + combined net worth →
Active
MACKENZIE, Gavin
director · ~58y · appointed 2003-07-01 · resigned 2019-07-15
Resigned

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

Recent filings (61 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-02
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-01
capital-alter-shares-redemption-statement-of-capital
capital · SH02
2023-04-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-04-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-05
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-03-05
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-14
resolution
resolution · RESOLUTIONS
2020-10-05