CROSSWAYS GARAGE (GRETNA) LIMITED
🌳Matureactive
SC407825 · ltd · incorporated 2011-09-20
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 13.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 13.5y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 13.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 400 | 900 |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2025-09-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-31📄change-person-director-company-with-change-dateofficers · CH01
- 2025-03-31📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-13📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2024-07-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-03🔓Charge satisfied #2
- 2023-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-08-30📄resolutionresolution · RESOLUTIONS
- 2023-02-28📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2022-09-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-04📄change-person-director-company-with-change-dateofficers · CH01
- 2021-05-04📄change-person-director-company-with-change-dateofficers · CH01
- 2021-01-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-01-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-01-23🔓Charge satisfied #1
- 2021-01-20🔒Charge registered #2Lender: Certas Energy UK Limited
- 2012-10-12🔒Charge registered #1Lender: Cumberland Building Society
- 2011-09-20🏢Company incorporatedAs CROSSWAYS GARAGE (GRETNA) LIMITED
- 2011-09-20➕CROSBIE, Malcolm appointeddirector
- 2011-09-20➕CROSBIE, Suzy appointeddirector
Owner dependency
71/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
49/100
Moderate signalSome 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 15 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Crosbie Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Crosbie Holdings Ltd
Corporate parent · holds 75-100% shares
⬇
CROSSWAYS GARAGE (GRETNA) LIMITED
This company · SC407825
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
3 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Crosbie Holdings Ltd Corporate entity | 75–100% | — | 75-100% shares | 21/08/2023 |
Mr Malcolm Crosbie Individual · British · DOB 07/1980 · age 46 | 50–75% | — | 50-75% shares | 06/04/2016 |
Mrs Suzy Crosbie Individual · British · DOB 09/1985 · age 41 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| DUMFRIES HYDRAULIC SERVICES LIMITED→ SC351503 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
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| REID & ADAMS LIMITED→ SC706575 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2011-09-20
Jurisdictionscotland
Primary SIC45200 — SIC 45200
Registered office
The Braig
Springfield
Gretna
Dumfriesshire
DG16 5HS
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-08
Last: 2026-03-25
Officers (2 active · 0 resigned)
CROSBIE, Malcolm→
Activedirector · ~46y · appointed 2011-09-20
View their other companies + combined net worth →
CROSBIE, Suzy→
Activedirector · ~41y · appointed 2011-09-20
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Certas Energy UK Certas Energy UK Limited | A registered charge | 1 property | 20/01/2021 | 03/07/2024 | |
| satisfied | Cumberland Building Society | Floating charge | 1 property | 12/10/2012 | 23/01/2021 |
Recent filings (46 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-24
change-person-director-company-with-change-date
officers · CH01
2025-03-31
change-person-director-company-with-change-date
officers · CH01
2025-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-30
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2024-08-13
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-09-06
resolution
resolution · RESOLUTIONS
2023-08-30