CROFTHEAD AD LIMITED
💤Zombieactive
SC492232 · ltd · incorporated 2014-11-28
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 Dec 2023
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
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. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 10.8y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 10.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (73/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 6 with DOB)
90
Ownership & PSC
1 active PSC(s) of 6 total, 6 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
62 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
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2023-12-31 |
|---|---|
| Average employees | 200 |
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
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2025-09-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-09-18📄change-to-a-person-with-significant-control-without-name-datepersons-with-significant-control · PSC04
- 2025-06-17📄accounts-with-accounts-type-smallaccounts · AA
- 2024-09-30📄accounts-with-accounts-type-smallaccounts · AA
- 2024-07-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-18📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-14➖CALLANDER, Ann resigneddirector
- 2023-12-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-21📄accounts-with-accounts-type-smallaccounts · AA
- 2023-05-11➕CALLANDER, Ann appointeddirector
- 2023-05-11➖CALLANDER, William Mark resigneddirector
- 2022-10-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-09-28📄accounts-with-accounts-type-smallaccounts · AA
- 2021-08-31📄accounts-with-accounts-type-smallaccounts · AA
- 2021-05-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-11-05📄accounts-with-accounts-type-smallaccounts · AA
- 2020-08-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-07-06➖RIEL, Christian resigneddirector
- 2020-03-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-02-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-04-30➕HORNHUBER, Martin appointeddirector
- 2018-08-03➖MATHER, Christopher Ian resigneddirector
- 2016-04-04🔓Charge satisfied #1
- 2015-06-23🔒Charge registered #1Lender: Barclays Bank PLC
- 2015-06-02➕CALLANDER, William Mark appointeddirector
- 2015-06-02➖NELSON, Christian resigneddirector
- 2015-06-02➕RIEL, Christian appointeddirector
- 2014-11-28🏢Company incorporatedAs CROFTHEAD AD LIMITED
- 2014-11-28➕MATHER, Christopher Ian appointeddirector
- 2014-11-28➕NELSON, Christian appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Hilde Umdasch Individual · Austrian · DOB 01/1943 · age 83 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 30/12/2019 |
5 historic (ceased) PSCs
- Werner Leiterceased 03/08/2018· 50-75% shares · 50-75% voting · board control · firm interest
- Jorg Johannes Jakobljevichceased 03/08/2018· 50-75% shares · 50-75% voting · board control · firm interest
- Mathilde Umdaschceased 03/08/2018· 50-75% shares · 50-75% voting · board control · firm interest
- Nelson & Mather Limitedceased 03/08/2018· 25-50% shares · 25-50% voting · significant influence · firm interest
- Biogest Energie- Und Wassertechnik Gmbhceased 06/04/2016· 25-50% shares · 25-50% voting · significant influence · firm interest
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 · Energy & utilities · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CANTLAYHILLS ENERGY LIMITED→ SC554492 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| CAPITAL CITY WASTE SERVICES LTD→ SC847288 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CHANGE WASTE RECYCLING LIMITED→ SC244949 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| CHRISSANTUS INVESTMENT LIMITED→ SC532922 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CLACH ENERGY STORAGE LIMITED→ SC882598 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CNOC CAILLICHE ENERGY COMMUNITY INTEREST COMPANY→ SC532295 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| COMMERCIAL WATER SOLUTIONS LTD→ SC295392 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| CROSSDYKES WF LIMITED→ SC424921 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| DALRADA HOME LTD→ SC816851 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| DALRY COMMUNITY WIND FARM LIMITED→ SC374557 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| DALTON DEMOLITION RECYCLING LIMITED→ SC295249 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| DALTON GROUP LIMITED→ SC088385 · est 1984 · no financials extracted | — | — | — | — | 41y | — | — |
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
Incorporated2014-11-28
Jurisdictionscotland
Primary SIC35110 — SIC 35110
Registered office
5 South Charlotte Street
Edinburgh
EH2 4AN
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-18
Last: 2025-11-04
Officers (1 active · 5 resigned)
HORNHUBER, Martin→
Activedirector · ~49y · appointed 2019-04-30
View their other companies + combined net worth →
CALLANDER, Ann→
Resigneddirector · ~52y · appointed 2023-05-11 · resigned 2023-12-14
CALLANDER, William Mark→
Resigneddirector · ~59y · appointed 2015-06-02 · resigned 2023-05-11
MATHER, Christopher Ian→
Resigneddirector · ~66y · appointed 2014-11-28 · resigned 2018-08-03
NELSON, Christian→
Resigneddirector · ~51y · appointed 2014-11-28 · resigned 2015-06-02
RIEL, Christian→
Resigneddirector · ~61y · appointed 2015-06-02 · resigned 2020-07-06
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 23/06/2015 | 04/04/2016 |
Recent filings (62 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-18
change-to-a-person-with-significant-control-without-name-date
persons-with-significant-control · PSC04
2025-09-18
accounts-with-accounts-type-small
accounts · AA
2025-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-08
accounts-with-accounts-type-small
accounts · AA
2024-09-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-18
change-person-director-company-with-change-date
officers · CH01
2024-07-18
termination-director-company-with-name-termination-date
officers · TM01
2023-12-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-11
termination-director-company-with-name-termination-date
officers · TM01
2023-12-11
appoint-person-director-company-with-name-date
officers · AP01
2023-12-11
accounts-with-accounts-type-small
accounts · AA
2023-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-12