CDLT OPERATIONS LIMITED
🌳Matureactive
SC368668 · ltd · incorporated 2009-11-17
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 75/100 (strong), bankability 75/100. Strong seller-intent signal (83/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: low (48/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
12 officers (2 active, 12 linked, 10 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
63 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
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
- 2025-10-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-20📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-08-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-25➖CUNNINGHAM, Roderick resignedsecretary
- 2022-05-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-04-22➖FARQUHARSON, Iain James resigneddirector
- 2021-10-25✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2021-10-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-18➕STODDART, Craig Alexander appointeddirector
- 2021-10-18➖MACDONALD, James Garner Smith resigneddirector
- 2021-10-18➖MACDONALD, Mark resigneddirector
- 2021-10-18➖MCDONALD, Bruce, Major resigneddirector
- 2021-08-25📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2021-08-16📄legacycapital · SH20
- 2021-08-16⚠️legacyinsolvency · CAP-SS
- 2021-08-16📄resolutionresolution · RESOLUTIONS
- 2020-08-26📄accounts-with-accounts-type-smallaccounts · AA
- 2019-11-19📄legacymiscellaneous · RPCH01
- 2019-11-07📄change-person-director-company-with-change-dateofficers · CH01
- 2018-12-03➖INSKIP, Gregory A resigneddirector
- 2018-11-28➕FARQUHARSON, Iain James appointeddirector
- 2017-03-15➖CLARKE, Janet Wallwork resigneddirector
- 2016-12-07➕CUNNINGHAM, Roderick appointedsecretary
- 2016-12-07➖CAMPBELL STEWART MACLENNAN & CO resignedcorporate-secretary
- 2016-06-04➕CLARKE, Janet Wallwork appointeddirector
- 2014-02-21➖MCISAAC, Harold Morley resigneddirector
- 2013-06-15➕MACDONALD, James Garner Smith appointeddirector
- 2013-06-15➕MACDONALD, Mark appointeddirector
- 2013-06-14➕CAMPBELL STEWART MACLENNAN & CO appointedcorporate-secretary
- 2013-06-14➖MACDONALD OF VALLAY, Allan Douglas resigneddirector
- 2009-12-31➕MCISAAC, Harold Morley appointeddirector
- 2009-11-17🏢Company incorporatedAs CDLT OPERATIONS LIMITED
- 2009-11-17➕MACDONALD OF SLEAT, Ian Godfrey Bosville, Sir appointeddirector
- 2009-11-17➕INSKIP, Gregory A appointeddirector
- 2009-11-17➕MACDONALD OF VALLAY, Allan Douglas appointeddirector
- 2009-11-17➕MCDONALD, Bruce, Major appointeddirector
Owner dependency
83/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 79 — succession pressure is live.
Succession & seller-readiness
89/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- 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.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 16 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
1 high ·1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2021-08-16: legacy
🔒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 · Property · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 777 DEVELOPMENT LTD→ SC837768 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A & G RESIDENTIAL PROPERTY LTD→ SC838787 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A'CHOMRAICH LETTINGS LTD→ SC574075 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AA & D HOLDINGS LIMITED→ SC866048 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AB PROPERTIES LTD→ SC846455 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AB&MB PROPERTIES LTD→ SC841515 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABMAW LIMITED→ SC605960 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ABSM ESTATE AGENTS LTD.→ SC333904 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| AJR ASSET & PROPERTY MANAGEMENT LTD→ SC881806 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AKASA HOLIDAY LETS LIMITED→ SC799443 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ALLIED HEALTHCARE LTD→ SC643032 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AMIYA LTD→ SC746596 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2009-11-17
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
Armadale Castle Ardvasar
Sleat
Isle Of Skye
IV45 8RS
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-04
Last: 2025-06-20
Officers (2 active · 10 resigned)
MACDONALD OF SLEAT, Ian Godfrey Bosville, Sir→
Activedirector · ~79y · appointed 2009-11-17
View their other companies + combined net worth →
STODDART, Craig Alexander→
Activedirector · ~52y · appointed 2021-10-18
View their other companies + combined net worth →
CUNNINGHAM, Roderick→
Resignedsecretary · appointed 2016-12-07 · resigned 2022-08-25
CAMPBELL STEWART MACLENNAN & CO→
Resignedcorporate-secretary · appointed 2013-06-14 · resigned 2016-12-07
CLARKE, Janet Wallwork→
Resigneddirector · ~60y · appointed 2016-06-04 · resigned 2017-03-15
FARQUHARSON, Iain James→
Resigneddirector · ~66y · appointed 2018-11-28 · resigned 2022-04-22
INSKIP, Gregory A→
Resigneddirector · ~74y · appointed 2009-11-17 · resigned 2018-12-03
MACDONALD, James Garner Smith→
Resigneddirector · ~76y · appointed 2013-06-15 · resigned 2021-10-18
MACDONALD, Mark→
Resigneddirector · ~83y · appointed 2013-06-15 · resigned 2021-10-18
MACDONALD OF VALLAY, Allan Douglas→
Resigneddirector · ~68y · appointed 2009-11-17 · resigned 2013-06-14
MCDONALD, Bruce, Major→
Resigneddirector · ~81y · appointed 2009-11-17 · resigned 2021-10-18
MCISAAC, Harold Morley→
Resigneddirector · ~89y · appointed 2009-12-31 · resigned 2014-02-21
Click a director name to see their full track record across all companies.
Recent filings (63 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-10
termination-secretary-company-with-name-termination-date
officers · TM02
2023-11-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-26
termination-director-company-with-name-termination-date
officers · TM01
2022-05-19
certificate-change-of-name-company
change-of-name · CERTNM
2021-10-25
termination-director-company-with-name-termination-date
officers · TM01
2021-10-21
termination-director-company-with-name-termination-date
officers · TM01
2021-10-21
termination-director-company-with-name-termination-date
officers · TM01
2021-10-21