CALEDONIAN TRUST LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -60.7%

  £1,005,000 → £395,000

• Cash

  -30.5%

  £1,841,000 → £1,279,000

• Net assets

  -25.7%

  £22,984,000 → £17,079,000

• Employees

  -20%

  5 → 4

• Operating profit

  -10.3%

  -£312,000 → -£344,000

• Profit before tax

  -498.3%

  -£987,000 → -£5,905,000

• Wages

  -23.2%

  £358,000 → £275,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. CALEDONIAN TRUST LIMITED 2024-12-06 → present
2. CALEDONIAN TRUST PLC. LIMITED 2024-12-06 → 2024-12-06
3. CALEDONIAN TRUST PLC. 1988-06-29 → 2024-12-06
4. TOWNGRADE SECURITIES PLC 1983-11-02 → 1988-06-29
5. FIRST TALISMAN INVESTMENTS PLC 1982-09-28 → 1983-11-02
6. FIRST TALISMAN INVESTMENT PLC 1972-01-27 → 1982-09-28

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Group's cash reserves and existing loan arrangements are expected to be sufficient for the Group's cash flow needs for that period. For these reasons they continue to adopt the going concern basis in preparing the financial statements. Whilst the directors cannot envisage all possible circumstances, the directors believe that, taking account of reasonably foreseeable adverse movements in rental income, interest or property values, the Group has sufficient resources available to enable it to do so.”

Group structure

1. CALEDONIAN TRUST LIMITED · parent
   1. Muirfield Homes Ltd 100% · Scotland · Property Investment and Development
   2. South Castle Properties Ltd 100% · Scotland · Property Investment and Development
   3. West Castle Properties Ltd 100% · Scotland · Property Investment
   4. Caledonian City Developments Ltd 100% · England and Wales · Dormant
   5. Caledonian Farms Ltd 100% · England and Wales · Dormant
   6. Brunstane Road South Ltd 100% · Scotland · Dormant
   7. The Bank of Edinburgh Group Ltd 100% · Scotland · Dormant
   8. The Bank of Edinburgh Ltd 100% · Scotland · Dormant
   9. B of E Properties Ltd 100% · Scotland · Dormant
   10. B of E Finance Ltd 100% · Scotland · Dormant
   11. Gartshore Village Limited 100% · Scotland · Dormant

Significant events

• “The Company's listing on the Alternative Investment Market was cancelled with effect from 26 November 2024 and the Company re-registered as a private company on 6 December 2024.”
• “As previously advised, Ian Doulgas Lowe, our former Chairman and Chief Executive, passed on 5 January 2025.”
• “Within the Group's property investment portfolio the public house in Alloa, the last of the four originally refurbished in the late 1990s, was sold in October 2024.”
• “The four lockup garages in Young Street Lane North, Edinburgh were sold after the year end in November 2025.”
• “In November 2025 we sold the small area of ground on Mull where the prospects of obtaining planning consent seemed far off.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.