ALCALI LTD
💤Zombieactive
SC312375 · ltd · incorporated 2006-11-22
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
£-49.6k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed dormant / non-trading — structural issues outweigh the discount.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 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 18.0y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 18.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
66 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 · accounting standard not declaredNegative net assets
Liabilities exceed assets by £49,572
Very low cash
Cash position: £2
Cash YoY
+0%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£2
~ YoY
Net Worth
-£50k
~ YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-49.6k | £-49.6k |
| Cash | £2 | £2 |
| Net assets | £-49.6k | £-49.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 2 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2026-04-01📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2025-05-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-05-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-04-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-09-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-12-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-03-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-12-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-12-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-11-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-07-07➖MCLEOD, Sheila Elizabeth resigneddirector
- 2019-05-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-10-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-11-23📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2017-08-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-04-27📄change-person-director-company-with-change-dateofficers · CH01
- 2015-09-21➖MCLEOD, Alan resigneddirector
- 2015-06-16➕MCLEOD, Sheila Elizabeth appointeddirector
- 2014-04-16🔓Charge satisfied #1
- 2008-04-30🔒Charge registered #2Lender: Aib Group (UK) PLC
- 2008-04-08🔒Charge registered #1Lender: Aib Group (UK) PLC
- 2008-01-02➕MCLEOD, Callum Alan appointedsecretary
- 2008-01-02➕MCLEOD, Callum Alan appointeddirector
- 2008-01-02➖MURRAY, Thomas resignedsecretary
- 2006-11-22🏢Company incorporatedAs ALCALI LTD
- 2006-11-22➕MURRAY, Thomas appointedsecretary
- 2006-11-22➕MCLEOD, Alan appointeddirector
Owner dependency
93/100
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 18 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
78/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 19 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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Callum Alan Mcleod Individual · British · DOB 05/1968 · age 58 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Sheila Elizabeth Mcleodceased 07/07/2019· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
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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
Typeltd
Incorporated2006-11-22
Jurisdictionscotland
Primary SIC74990 — Non-trading company
Registered office
Eeusk & Piazza
North Pier
Oban
Argyll
PA34 5QD
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-06
Last: 2025-11-22
Officers (2 active · 3 resigned)
MCLEOD, Callum Alan→
Activesecretary · appointed 2008-01-02
View their other companies + combined net worth →
MCLEOD, Callum Alan→
Activedirector · ~58y · appointed 2008-01-02
View their other companies + combined net worth →
MURRAY, Thomas→
Resignedsecretary · appointed 2006-11-22 · resigned 2008-01-02
MCLEOD, Alan→
Resigneddirector · ~84y · appointed 2006-11-22 · resigned 2015-09-21
MCLEOD, Sheila Elizabeth→
Resigneddirector · ~86y · appointed 2015-06-16 · resigned 2019-07-07
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aib Group (UK) Aib Group (UK) PLC | Standard security | 1 property | 30/04/2008 | — | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Bond & floating charge | 1 property | 08/04/2008 | 16/04/2014 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (66 total)
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-15
accounts-with-accounts-type-dormant
accounts · AA
2025-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-11
accounts-with-accounts-type-dormant
accounts · AA
2024-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-06
accounts-with-accounts-type-dormant
accounts · AA
2023-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-06
accounts-with-accounts-type-dormant
accounts · AA
2022-09-07
accounts-with-accounts-type-dormant
accounts · AA
2021-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-30
accounts-with-accounts-type-dormant
accounts · AA
2021-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-15
confirmation-statement-with-updates
confirmation-statement · CS01
2019-12-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-12-09