AB CROMDALE LIMITED
🌳Matureactive
SC409917 · ltd · incorporated 2011-10-24
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-276.5k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 72). 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 (65/100).
🏦
Refinance opportunity
6 live charges · 3 lenders · oldest 13.9y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 13.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £276,496
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£276k
↑ 5.3% YoY
Current Assets
—
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 | £-276.5k | £-292.1k |
| Current assets | — | £49.2k |
| Debtors | £37.0k | £49.2k |
| Net assets | £-276.5k | £-292.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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 (32 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-02-21🔒Charge registered #6Lender: Bank of Scotland PLC
- 2022-02-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-02-04🔒Charge registered #5Lender: Bank of Scotland PLC
- 2022-02-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-02-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-02-02🔓Charge satisfied #4
- 2022-02-02🔓Charge satisfied #3
- 2021-12-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-04-02➕WAITT, Kenneth William appointeddirector
- 2018-08-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2015-09-30🔓Charge satisfied #2
- 2015-09-24🔒Charge registered #4Lender: Lloyds Bank PLC
- 2015-09-23🔓Charge satisfied #1
- 2015-09-14🔒Charge registered #3Lender: Lloyds Bank PLC
- 2015-08-21➕WAITT, Kenneth William appointeddirector
- 2015-08-21➖WAITT, Kenneth William resigneddirector
- 2012-06-01🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2012-05-16🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2011-10-24🏢Company incorporatedAs AB CROMDALE LIMITED
- 2011-10-24➕GRANT SMITH LAW PRACTICE LIMITED appointedcorporate-secretary
- 2011-10-24➕CALLAN, Martin John appointeddirector
Owner dependency
73/100
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.
- +Founder age: Director aged approximately 72 — succession pressure is live.
Succession & seller-readiness
79/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Cromdale Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Cromdale Limited
Corporate parent · holds 75-100% shares · board control
⬇
AB CROMDALE LIMITED
This company · SC409917
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 |
|---|---|---|---|---|
Cromdale Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Mr Martin John Callanceased 06/04/2016· 75-100% shares · 75-100% voting
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 · Property · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A J SMITH PROPERTIES LTD→ SC527788 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| A PLUS BUSINESS CONSULTANTS AND ADVISORS LTD.→ SC631063 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| A PLUS PROPERTY DEVELOPMENT LTD.→ SC722440 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| A.L. CUMMING AND SONS LIMITED→ SC427077 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| A.M. DAVIDSON LIMITED→ SC222926 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| AC MANAGEMENT SCOT LTD→ SC833224 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALBA ESTATES LIMITED→ SC255513 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ALTESSE IMPERIALE LTD→ SC868545 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMAZONITE PROPERTY LTD→ SC742394 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AMBERCAIRN LIMITED→ SC152152 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| AMBI INNOVATION CONSULTANCY GROUP LTD→ SC805032 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AMD PROPERTY (ABERDEEN) LIMITED→ SC420264 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2011-10-24
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Amicable House
252 Union Street
Aberdeen
Aberdeenshire
AB10 1TN
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-15
Last: 2026-03-01
Officers (3 active · 1 resigned)
GRANT SMITH LAW PRACTICE LIMITED→
Activecorporate-secretary · appointed 2011-10-24
View their other companies + combined net worth →
CALLAN, Martin John→
Activedirector · ~72y · appointed 2011-10-24
View their other companies + combined net worth →
WAITT, Kenneth William→
Activedirector · ~65y · appointed 2019-04-02
View their other companies + combined net worth →
WAITT, Kenneth William→
Resigneddirector · ~65y · appointed 2015-08-21 · resigned 2015-08-21
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
2
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 21/02/2022 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 04/02/2022 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 24/09/2015 | 02/02/2022 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 14/09/2015 | 02/02/2022 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 01/06/2012 | 30/09/2015 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 16/05/2012 | 23/09/2015 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (45 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-03-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-02-07
mortgage-satisfy-charge-full
mortgage · MR04
2022-02-02
mortgage-satisfy-charge-full
mortgage · MR04
2022-02-02