CARLIN ASSOCIATES LTD

🌳Matureactive

SC417298 · ltd · incorporated 2012-02-17

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2024

Net worth

£348.9k

book net assets

Opportunity

63/100

Worth a look

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other service activities n.e.c.

Sector: Other service activities

Investor take

Special-situation opportunity

Distressed trade-services with salvageable qualities — special-situations priority.

Opportunity 63/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

Data confidence

Overall: medium (72/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (2 active, 4 linked, 3 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

5 connected companies via shared directors

Filing history

49 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

63/100Worth a look

PassWatchWorth a lookStrongExceptional

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £348,942

Key financials

1 year extracted from filed iXBRL accounts

Cash

£52k

Net Worth

£349k

Current Assets

£460k

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-03-31
Total assets	£394.8k
Current assets	£460.4k
Cash	£51.8k
Debtors	£408.6k
Net assets	£348.9k

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

filings

Last 90 days

filings

• 1 confirmation-statement
• 1 accounts

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2026-03-31
📄
change-account-reference-date-company-current-extended
accounts · AA01
2024-12-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-27
➖
MCALLISTER, Roy resigned
secretary
2020-07-27
➖
MCALLISTER, Roy resigned
director
2020-07-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-07-27
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2020-05-21
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-05-21
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-12-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-01-16
📄
change-person-director-company-with-change-date
officers · CH01
2019-01-16
📄
change-person-director-company-with-change-date
officers · CH01
2019-01-16
📄
change-person-director-company-with-change-date
officers · CH01
2019-01-16
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-12-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-12-01
➕
CARLIN, Andrew appointed
director
2012-02-17
🏢
Company incorporated
As CARLIN ASSOCIATES LTD
2012-02-17
➕
CARLIN, Robert William appointed
director
2012-02-17
➕
MCALLISTER, Roy appointed
secretary
2012-02-17
➕
MCALLISTER, Roy appointed
director

Owner dependency

81/100

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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Founder name in company name: Company name contains director surname "CARLIN" — strong identity link between founder and business.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

44/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 14 years.

Red flags

1 high ·

Accounts overdue

high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Robert William Carlin Individual · British · DOB 08/1982 · age 44	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	17/10/2019

1 historic (ceased) PSC

Mr Roy Mcallisterceased 17/10/2019· 25-50% shares · 25-50% voting · board control

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 →

Similar companies

Active · Trade services · PA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CITY GATE CONSTRUCTION (SCOTLAND) LIMITED→ SC244614 · est 2003	£12.48M £9.36M–£15.60M	—	—	194	23y	88	63y
BRAID GROUP (HOLDINGS) LIMITED→ SC299361 · est 2006	£2.98M £2.24M–£3.73M	—	—	200	20y	93	59y
IMPERIAL LAUNDRY LIMITED→ SC466704 · est 2014	£86.3k £64.7k–£107.8k	£126.9k	—	100	12y	94	66y
MOBILE GRITTING SERVICES LIMITED→ SC378297 · est 2010	—	—	£701.6k	—	16y	83	61y
RIVERSIDE INVERCLYDE (PROPERTY HOLDINGS) LIMITED→ SC331360 · est 2007 · no financials extracted	—	—	—	—	18y	83	68y
SALON ALTERNATIVES LTD.→ SC367809 · est 2009	—	—	£483.9k	—	16y	83	69y
STERLING HYDROKLEAR LIMITED→ SC321932 · est 2007	—	—	—	0	19y	83	81y
ARDORAN MARINE LIMITED→ SC290011 · est 2005	—	—	£455.9k	—	20y	82	79y
CUT AND DRY (RENFREW) LIMITED→ SC080545 · est 1982	—	—	£27.6k	—	43y	82	74y
EXCEL ENVIRONMENTAL SERVICES LTD.→ SC292026 · est 2005	—	—	£176.8k	—	20y	82	64y
GLYCOMAR LIMITED→ SC279835 · est 2005	—	—	—	1	21y	82	79y
KEPSTORN LIMITED→ SC179182 · est 1997	—	—	—	—	28y	82	62y

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

Incorporated2012-02-17

Jurisdictionscotland

Primary SIC96090 — Other service activities n.e.c.

Registered office

Unit 3009-3009a Seedhill Road

Paisley

PA1 1JS

Scotland

Filing status

Accounts

Next due: 2026-03-31OVERDUE

Last made up to: 2024-03-31

Confirmation statement

Next due: 2027-04-16

Last: 2026-04-02

Officers (2 active · 2 resigned)

CARLIN, Andrew→

director · ~45y · appointed 2016-12-01

View their other companies + combined net worth →

Active

CARLIN, Robert William→

director · ~44y · appointed 2012-02-17

View their other companies + combined net worth →

Active

MCALLISTER, Roy→

secretary · appointed 2012-02-17 · resigned 2020-07-27

Resigned

MCALLISTER, Roy→

director · ~64y · appointed 2012-02-17 · resigned 2020-07-27

Resigned

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

Recent filings (49 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-04-21

change-account-reference-date-company-current-extended

accounts · AA01

2026-03-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-04-07

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-12-19

confirmation-statement-with-updates

confirmation-statement · CS01

2024-04-02

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-12-05

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-05-22

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-12-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-05-23

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-12-23

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-05-24

accounts-with-accounts-type-total-exemption-full

accounts · AA

2020-11-05

termination-director-company-with-name-termination-date

officers · TM01

2020-07-27

termination-secretary-company-with-name-termination-date

officers · TM02

2020-07-27

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-05-21