R.S.CROOKE & CO.(PAPER SALES)LIMITED
Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (80/100, director aged 60). 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 (73/100).
Refinance opportunity
3 live charges · 2 lenders · oldest 34.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 34.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 100 | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 persons-with-significant-control
- • 1 persons-with-significant-control
Corporate timeline (39 events)Click to expand
- 2026-04-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-09-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-09-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-09-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-09-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-09-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-02-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-12-23📄change-person-director-company-with-change-dateofficers · CH01
- 2019-10-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-10-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-12-18📄change-person-secretary-company-with-change-dateofficers · CH03
- 2017-12-18📄change-person-director-company-with-change-dateofficers · CH01
- 2017-06-28📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2017-04-04📄accounts-with-accounts-type-smallaccounts · AA
- 2017-01-06📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2016-10-21🔓Charge satisfied #3
- 2011-04-15➖STRICKLAND, Darrell John resigneddirector
- 2005-09-27🔓Charge satisfied #2
- 2005-09-27🔓Charge satisfied #1
- 2005-09-09➖CROOKE, Jonathan Michael resignedsecretary
- 2005-09-09🔒Charge registered #3Lender: Ge Commercial Finance Limited(Security Holder)
- 2005-09-08➕KATZAUER, Jonathan appointedsecretary
- 2005-09-08➕KATZAUER, Jonathan appointeddirector
- 2005-09-08➖CROOKE, Jonathan Michael resigneddirector
- 2005-09-08➖CROOKE, Paul Rowland resigneddirector
- 2005-09-08➖HADDOCK, Richard James Hartley resigneddirector
- 2005-09-08➖HADDOCK, Robert Michael resigneddirector
- 2004-10-08➖CROOKE, Betty resigneddirector
- 1996-04-14➖SMITH, Frederick Malcolm resigneddirector
- 1996-02-02➖HADDOCK, Neville Graham resigneddirector
- 1994-03-31➕HADDOCK, Neville Graham appointeddirector
- 1994-03-31➕HADDOCK, Robert Michael appointeddirector
- 1994-03-31🔒Charge registered #2Lender: National Westminster Bank PLC
- 1994-03-21➕HADDOCK, Richard James Hartley appointeddirector
- 1992-09-27➕CROOKE, Jonathan Michael appointedsecretary
- 1992-09-27➖SAUNDERS, Michael Alan resignedsecretary
- 1992-03-12🔒Charge registered #1Lender: National Westminster Bank PLC
- 1949-09-30🏢Company incorporatedAs R.S.CROOKE & CO.(PAPER SALES)LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 77 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 ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Ccs Mclays Limited holds majority control (50-75%). Likely parent but not wholly-owned.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ccs Mclays Limited Corporate entity | 50–75% | 50–75% | board controlsig. influence50-75% shares · 50-75% voting · board control · significant influence · firm interest | 06/05/2025 |
1 historic (ceased) PSC
- H Young (Plastics) Limitedceased 06/05/2025· 75-100% shares · 75-100% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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 (2 active · 10 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Ge Commercial Finance (Security Holder) Ge Commercial Finance Limited(Security Holder) | Composite all assets guarantee and indemnity and debenture | 1 property | 09/09/2005 | 21/10/2016 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Charge over book debts and stock | 1 property | 31/03/1994 | 27/09/2005 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 12/03/1992 | 27/09/2005 |