CROSSMANE LIMITED
⚰️Wound downliquidation
03524841 · ltd · incorporated 1998-03-10
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
34/100
Pass
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed low-transparency controlled group — structural issues outweigh the discount.
Opportunity 34/100 (pass), bankability 22/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (75/100). Current lenders should be on immediate intervention.
🏦
Refinance opportunity
9 live charges · 8 lenders · oldest 27.1y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 27.1 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: medium (60/100)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
No iXBRL financials extracted
0
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
29 officers (2 active, 29 linked, 21 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
183 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
34/100Pass
PassWatchWorth a lookStrongExceptional
Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.
Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
2
Multiple red flags — proceed with caution.
Signal strength
100
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 (96 events)Click to expand
- 2025-06-04📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2025-06-04📍change-sail-address-company-with-new-addressaddress · AD02
- 2025-05-30⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2025-05-30📄resolutionresolution · RESOLUTIONS
- 2025-05-30⚠️liquidation-voluntary-declaration-of-solvencyinsolvency · LIQ01
- 2025-05-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-05-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-05-22🔓Charge satisfied #9
- 2025-05-22🔓Charge satisfied #8
- 2025-04-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-04-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-04-17🔓Charge satisfied #5
- 2025-04-17🔓Charge satisfied #4
- 2025-04-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-04-01🔓Charge satisfied #6
- 2024-12-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-10-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-10-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-30➖DUGGINS, David Kenneth resigneddirector
- 2023-09-27➕DOWNS, Russell appointeddirector
- 2023-01-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-02-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-12-29📄accounts-with-accounts-type-fullaccounts · AA
- 2021-10-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-07-28➕DUNNETT, Miles George Sutherland appointeddirector
- 2021-07-23➖POWELL, Ian Charles resigneddirector
- 2020-09-23➖MARSDEN, Susan resignedsecretary
- 2020-09-23➖INTU SECRETARIAT LIMITED resignedcorporate-secretary
- 2020-09-23➖CROFT, Adrian Neil resigneddirector
- 2020-09-23➕DUGGINS, David Kenneth appointeddirector
- 2020-09-23➖HOSKINS, Gary Richard resigneddirector
- 2020-09-23➕POWELL, Ian Charles appointeddirector
- 2020-09-16➕CROFT, Adrian Neil appointeddirector
- 2020-09-16➖CROSBY, Sean resigneddirector
- 2020-08-10🔒Charge registered #9Lender: Wells Fargo Bank, N.A., London Branch
- 2020-04-15➖FORD, Hugh Michael resigneddirector
- 2020-04-15➖KIDIA, Minakshi resigneddirector
- 2019-08-16➖GIBBES, Barbara resigneddirector
- 2019-08-14➕INTU SECRETARIAT LIMITED appointedcorporate-secretary
- 2019-08-14➕CROSBY, Sean appointeddirector
- 2019-08-14➕KIDIA, Minakshi appointeddirector
- 2017-07-20🔒Charge registered #8Lender: Wells Fargo Bank, N.A., London Branch
- 2017-07-19🔓Charge satisfied #7
- 2017-01-16➕GIBBES, Barbara appointeddirector
- 2016-09-30➖BOWYER, Katharine Ann resigneddirector
- 2016-06-22🔒Charge registered #7Lender: Deutsche Bank Ag, London Branch
Showing most recent 50 of 96 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
4 high · 1 med · 1 lowAccounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2025-09-30
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2025-12-10
Company in liquidation
highCompany is actively being wound up. Not a going concern.
2 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-05-30: liquidation-voluntary-appointment-of-liquidator; 2025-05-30: liquidation-voluntary-declaration-of-solvency
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Multiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Group structure
Intu Mh Acquisitions is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Intu Mh Acquisitions
Corporate parent · holds 75-100% shares · board control
⬇
CROSSMANE LIMITED
This company · 03524841
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Intu Mh Acquisitions Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 · Construction · SE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 04150553 UK LTD→ 04150553 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| 1-2 LINCOLN'S INN FIELDS→ 06891347 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| 100% SOLAR ENERGY LTD→ 13149901 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 100MM LIMITED→ 17006587 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 11TH HOUR INNOVATION PROPERTIES LTD→ 14563317 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 12 TLB LIMITED→ 16826924 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 12A SOUTHEY STREET MANAGEMENT CO. LIMITED→ 06755576 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 133 BROOKBANK ROAD LIMITED→ 06394803 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| 16-18 PAXTON PLACE LIMITED→ 09423503 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| 17 CONSTRUCTION LONDON LIMITED→ 15123503 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 17 KEMPS HOUSE LTD→ 11058434 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 17-VICTORY & S LTD→ 11914756 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 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
Statusliquidation
Typeltd
Incorporated1998-03-10
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
1 More London Place
London
SE1 2AF
Filing status
Accounts
Next due: 2025-09-30OVERDUE
Last made up to: 2023-12-31
Confirmation statement
Next due: 2025-12-10OVERDUE
Last: 2024-11-26
Officers (2 active · 27 resigned)
DOWNS, Russell→
Activedirector · ~59y · appointed 2023-09-27
View their other companies + combined net worth →
DUNNETT, Miles George Sutherland→
Activedirector · ~57y · appointed 2021-07-28
View their other companies + combined net worth →
COOK, Kenneth Alan→
Resignedsecretary · appointed 1998-06-12 · resigned 2006-10-03
HARRISON, Linda Christine→
Resignedsecretary · appointed 2002-11-08 · resigned 2007-09-24
MARSDEN, Susan→
Resignedsecretary · appointed 2014-05-01 · resigned 2020-09-23
OSBORNE, Ian→
Resignedsecretary · appointed 1998-03-16 · resigned 2002-09-12
SHELLEY, Leon→
Resignedsecretary · appointed 2006-10-16 · resigned 2014-05-01
CHALFEN SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1998-03-10 · resigned 1998-03-12
INTU SECRETARIAT LIMITED→
Resignedcorporate-secretary · appointed 2019-08-14 · resigned 2020-09-23
BOWYER, Katharine Ann→
Resigneddirector · ~57y · appointed 2014-10-17 · resigned 2016-09-30
BUTLER, Robin Elliott→
Resigneddirector · ~67y · appointed 1998-03-16 · resigned 2005-06-29
CROFT, Adrian Neil→
Resigneddirector · ~57y · appointed 2020-09-16 · resigned 2020-09-23
CROSBY, Sean→
Resigneddirector · ~38y · appointed 2019-08-14 · resigned 2020-09-16
DUGGINS, David Kenneth→
Resigneddirector · ~71y · appointed 2020-09-23 · resigned 2023-09-30
FORD, Hugh Michael→
Resigneddirector · ~59y · appointed 2014-05-01 · resigned 2020-04-15
GIBBES, Barbara→
Resigneddirector · ~51y · appointed 2017-01-16 · resigned 2019-08-16
GUTMAN, Michael Joseph→
Resigneddirector · ~71y · appointed 2010-06-14 · resigned 2014-05-01
GUTMAN, Michael Joseph→
Resigneddirector · ~71y · appointed 2004-11-24 · resigned 2008-05-16
HOSKINS, Gary Richard→
Resigneddirector · ~55y · appointed 2014-05-01 · resigned 2020-09-23
HUGILL, William Nigel→
Resigneddirector · ~68y · appointed 1998-03-16 · resigned 2005-06-29
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
0
Outstanding
0
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Wells Fargo Bank, N.A., London Branch | A registered charge | 1 property | 10/08/2020 | 22/05/2025 | |
| satisfied | Wells Fargo Bank, N.A., London Branch | A registered charge | 1 property | 20/07/2017 | 22/05/2025 | |
| satisfied | Deutsche Bank Ag, London Branch | A registered charge | — | 22/06/2016 | 19/07/2017 | |
| satisfied | Deutsche Bank Ag London Branch (The Security Agent) | A registered charge | — | 01/05/2014 | 01/04/2025 | |
| satisfied | Thedforde Nominees (The Qic Security Trustee) (Acting as Security Trustee on Behalf Ofthe Qic Security Beneficiaries) Thedforde Nominees Limited (The Qic Security Trustee) (Acting as Security Trustee on Behalf Ofthe Qic Security Beneficiaries) | Charge of beneficial interest | 1 property | 18/12/2006 | 17/04/2025 | |
| satisfied | Westfield Europe Finance (The Westfield Security Trustee) (Acting as Security Trustee Ofthe Westfield Security Beneficiaries) Westfield Europe Finance PLC (The Westfield Security Trustee) (Acting as Security Trustee Ofthe Westfield Security Beneficiaries) | Charge of beneficial interest | 1 property | 18/12/2006 | 17/04/2025 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland (Security Agent) | Permanent finance security deed | 1 property | 15/09/2004 | 02/09/2005 | |
| satisfied | Hypo Real Estate Bank International (The Junior Agent) | Debenture | 1 property | 16/12/2003 | 30/09/2004 | |
| satisfied | Bayerische Hypo-Und Vereinsbank Aktiengesellschaft | Debenture | 1 property | 31/03/1999 | 30/09/2004 |
Recent filings (183 total)
move-registers-to-sail-company-with-new-address
address · AD03
2025-06-04
change-sail-address-company-with-new-address
address · AD02
2025-06-04
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2025-05-30
resolution
resolution · RESOLUTIONS
2025-05-30
liquidation-voluntary-declaration-of-solvency
insolvency · LIQ01
2025-05-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-27
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-22
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-22
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-17
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-17
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-11
accounts-with-accounts-type-dormant
accounts · AA
2024-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-27