CRAIGHOUSE PROPERTIES LIMITED
💤Zombieactive
SC228982 · ltd · incorporated 2002-03-08
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£980.1k
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Renting and operating of Housing Association real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
76 live charges · 3 lenders · oldest 23.9y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 23.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
76 charges (76/76 with lender, 76/76 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
177 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £980,144
Net assets shrinking
Down £370,680 YoY
Cash YoY
-9%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£9k
↓ 9.0% YoY
Net Worth
£980k
↓ 27% YoY
Current Assets
£21k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £2.47M | £2.97M |
| Current assets | £21.1k | £21.0k |
| Cash | £9.2k | £10.1k |
| Debtors | £11.9k | £10.9k |
| Net assets | £980.1k | £1.35M |
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
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (136 events)Click to expand
- 2025-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-12-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-19🔒Charge registered #76Lender: Bank of Scotland PLC
- 2022-06-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-02-25🔓Charge satisfied #50
- 2021-09-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-03-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2017-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-07-11📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-06-30🔒Charge registered #75Lender: Bank of Scotland PLC
- 2013-09-09🔒Charge registered #74Lender: Bank of Scotland PLC
- 2013-01-29🔓Charge satisfied #39
- 2013-01-29🔓Charge satisfied #37
- 2013-01-29🔓Charge satisfied #36
- 2013-01-29🔓Charge satisfied #35
- 2013-01-29🔓Charge satisfied #34
- 2013-01-29🔓Charge satisfied #33
- 2013-01-29🔓Charge satisfied #32
- 2013-01-29🔓Charge satisfied #31
- 2013-01-29🔓Charge satisfied #30
- 2013-01-29🔓Charge satisfied #29
- 2013-01-29🔓Charge satisfied #28
- 2013-01-29🔓Charge satisfied #27
- 2013-01-29🔓Charge satisfied #26
- 2013-01-29🔓Charge satisfied #24
- 2013-01-29🔓Charge satisfied #23
- 2013-01-29🔓Charge satisfied #21
- 2013-01-29🔓Charge satisfied #20
- 2013-01-29🔓Charge satisfied #19
- 2013-01-29🔓Charge satisfied #18
- 2013-01-29🔓Charge satisfied #17
- 2013-01-29🔓Charge satisfied #16
- 2013-01-29🔓Charge satisfied #15
- 2013-01-29🔓Charge satisfied #14
- 2013-01-29🔓Charge satisfied #11
- 2013-01-29🔓Charge satisfied #9
- 2013-01-29🔓Charge satisfied #7
- 2013-01-29🔓Charge satisfied #6
- 2013-01-29🔓Charge satisfied #5
- 2013-01-29🔓Charge satisfied #4
- 2013-01-29🔓Charge satisfied #3
- 2013-01-29🔓Charge satisfied #2
Showing most recent 50 of 136 events
Owner dependency
85/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
36 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr William Brown Johnston Individual · British · DOB 07/1971 · age 55 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 30/06/2016 |
Miss Pauline Joyce Emslie Individual · British · DOB 08/1972 · age 54 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 09/03/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 123CS LIMITED→ SC718222 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 16CS LIMITED→ SC692446 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 21 MAC LTD→ SC592551 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 22 POLMUIR GARDENS LTD→ SC566695 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 34 QNS HIGHLANDS LTD→ SC566999 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 46 QNS HIGHLANDS LTD→ SC566989 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 4JL LTD→ SC616115 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 53 RUBISLAW SQUARE LTD→ SC566680 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 5MS PROPERTIES LTD→ SC778428 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 72 QNS CRESCENT LTD→ SC566976 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 7778 ESTATES LTD→ SC778161 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 786 PROPERTY GROUP LTD→ SC785211 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2002-03-08
Jurisdictionscotland
Primary SIC68201 — Renting and operating of Housing Association real estate
Registered office
Craig House
Ballater Road
Aboyne
Aberdeenshire
AB34 5HY
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-22
Last: 2026-03-08
Officers (2 active · 1 resigned)
JM TAYLOR LIMITED→
Activecorporate-secretary · appointed 2002-03-08
View their other companies + combined net worth →
JOHNSTON, William Brown→
Activedirector · ~55y · appointed 2002-03-08
View their other companies + combined net worth →
SIMMERS, Jamie→
Resigneddirector · ~48y · appointed 2002-03-08 · resigned 2002-03-27
Click a director name to see their full track record across all companies.
Mortgages & charges
76
Total charges
36
Outstanding
1
Active lenders
Status:Lender:76 of 76 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 19/12/2022 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 30/06/2014 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 09/09/2013 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | 25/02/2022 | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/12/2012 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Floating charge | 1 property | 26/11/2012 | — | |
| satisfied | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 12/07/2010 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 02/07/2010 | 28/03/2012 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 24/08/2009 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 24/08/2009 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 24/08/2009 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 08/06/2009 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 25/11/2008 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 03/11/2008 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 03/11/2008 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 03/11/2008 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 04/01/2007 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 19/12/2006 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 05/07/2006 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 27/06/2006 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 15/06/2006 | 03/06/2010 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 13/02/2006 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 09/01/2006 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 14/12/2005 | 26/04/2006 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 24/06/2005 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 13/01/2005 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 22/06/2004 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 15/06/2004 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 17/05/2004 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 17/05/2004 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 04/05/2004 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 27/02/2004 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 27/01/2004 | 12/07/2007 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 14/01/2004 | 10/12/2005 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 07/11/2003 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 29/10/2003 | 13/02/2007 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 04/08/2003 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 29/07/2003 | 07/11/2005 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 23/07/2003 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 01/07/2003 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 22/01/2003 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 11/11/2002 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 29/08/2002 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 18/07/2002 | 29/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 13/06/2002 | 30/11/2012 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (177 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-08
mortgage-satisfy-charge-full
mortgage · MR04
2022-02-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-04