CHARLES MCCREA LIMITED
- · Oldest live charge 30.8y old — refinance window within 12 months
Opportunity 47/100 (watch), bankability 25/100. Strong seller-intent signal (63/100, director aged 73). 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 (55/100). Current lenders should be on immediate intervention.
Refinance opportunity
2 live charges · oldest 30.8y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 30.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: low (48/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Recent activity
Corporate timeline (31 events)Click to expand
- 2025-09-24📄court-ordermiscellaneous · OC-DV
- 2016-11-19⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2016-08-19⚠️liquidation-compulsory-return-of-final-meeting-scotlandinsolvency · 4.17(Scot)
- 2013-12-12📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2011-12-08⚠️liquidation-compulsory-appointment-provisional-liquidator-scotlandinsolvency · 4.9(Scot)
- 2011-12-08⚠️liquidation-compulsory-notice-winding-up-scotlandinsolvency · CO4.2(Scot)
- 2011-12-08⚠️liquidation-compulsory-winding-up-order-scotlandinsolvency · 4.2(Scot)
- 2011-08-03📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2011-07-27⚠️liquidation-compulsory-appointment-provisional-liquidator-scotlandinsolvency · 4.9(Scot)
- 2010-12-07📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-12-06📄accounts-with-accounts-type-smallaccounts · AA
- 2009-12-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-12-15📄change-person-director-company-with-change-dateofficers · CH01
- 2009-12-15📄change-person-director-company-with-change-dateofficers · CH01
- 2009-11-14📄accounts-with-accounts-type-smallaccounts · AA
- 2008-12-12📄legacyannual-return · 363a
- 2008-11-18📄accounts-with-accounts-type-smallaccounts · AA
- 2007-12-30📄accounts-with-accounts-type-smallaccounts · AA
- 2007-12-13📄legacyannual-return · 363a
- 2006-12-07📄accounts-with-accounts-type-smallaccounts · AA
- 2006-12-04📄legacyannual-return · 363s
- 2005-11-28📄accounts-with-accounts-type-smallaccounts · AA
- 2005-11-17📄legacyannual-return · 363s
- 2004-11-17📄legacyannual-return · 363s
- 2004-09-23📄accounts-with-accounts-type-smallaccounts · AA
- 2002-10-18🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1998-03-10➕MUNDIE, George appointedsecretary
- 1998-03-09➖MCCREA, Elizabeth Jennings resignedsecretary
- 1998-03-09➖MCCREA, Elizabeth Jennings resigneddirector
- 1995-06-26🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1978-02-07🏢Company incorporatedAs CHARLES MCCREA LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 73 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 48 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
3 high · 1 med ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2011-12-31
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2016-11-30
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2016-11-19: gazette-dissolved-liquidation; 2016-08-19: liquidation-compulsory-return-of-final-meeting-scotland
Companies House flags prior insolvency events. Review the insolvency filings for context.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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12 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 →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
Registered office
Filing status
Officers (3 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 18/10/2002 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 26/06/1995 | — |