G.M. CRAIG (DEVELOPMENTS) LIMITED
🌳Matureactive
01485817 · ltd · incorporated 1980-03-17
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 Jan 2025
Net worth
£1.77M
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
Investor take
PursueActive trading company with a 78-year-old founder — textbook succession opportunity.
Opportunity 73/100 (strong), bankability 57/100. Strong seller-intent signal (68/100, director aged 78). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
18 live charges · 4 lenders · oldest 45.9y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 45.9 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: medium (79/100)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
18 charges (18/18 with lender, 18/18 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
113 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
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 £1,767,268
Net assets shrinking
Down £98,442 YoY
Cash YoY
+69%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£520k
↑ 69% YoY
Net Worth
£1.8m
↓ 5.3% YoY
Current Assets
£1.1m
↓ 42% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £1.89M | £1.99M |
| Current assets | £1.08M | £1.86M |
| Cash | £519.8k | £307.6k |
| Debtors | £115.2k | £785.4k |
| Net assets | £1.77M | £1.87M |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
- 2025-05-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-10-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-10-19🔒Charge registered #18Lender: Svenska Handelsbanken Ab (Publ)
- 2018-04-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-11-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-11-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-11-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-11-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-11-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-11-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-11-09🔓Charge satisfied #12
- 2017-11-09🔓Charge satisfied #11
- 2017-11-09🔓Charge satisfied #10
- 2017-11-09🔓Charge satisfied #7
- 2017-11-09🔓Charge satisfied #5
- 2017-11-09🔓Charge satisfied #3
- 2017-10-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-10-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-10-25🔒Charge registered #17Lender: Svenska Handelsbanken Ab (Publ)
- 2017-10-25🔒Charge registered #16Lender: Svenska Handelsbanken Ab (Publ)
- 2017-10-25🔒Charge registered #15Lender: Svenska Handelsbanken Ab (Publ)
- 2015-03-27🔓Charge satisfied #13
- 2012-03-13🔓Charge satisfied #14
- 2012-03-13🔓Charge satisfied #9
- 2011-03-16🔓Charge satisfied #8
- 2011-03-15🔒Charge registered #14Lender: The Royal Bank of Scotland PLC
- 2011-01-14🔒Charge registered #13Lender: Svenska Handelsbanken Ab (Publ)
- 2008-08-15🔒Charge registered #12Lender: Royal Bank of Scotland PLC
- 2008-06-27🔒Charge registered #11Lender: Royal Bank of Scotland PLC
- 2007-11-13🔒Charge registered #10Lender: Barclays Bank PLC
- 2006-06-01🔒Charge registered #9Lender: Barclays Bank PLC
- 2006-04-18🔓Charge satisfied #2
- 2003-06-20🔒Charge registered #8Lender: Barclays Bank PLC
- 1991-01-16🔓Charge satisfied #1
- 1990-11-09🔓Charge satisfied #6
- 1987-01-29🔒Charge registered #7Lender: Barclays Bank PLC
- 1984-07-05🔒Charge registered #6Lender: Barclays Bank PLC
- 1984-07-05🔒Charge registered #5Lender: Barclays Bank PLC
- 1982-12-02🔒Charge registered #4Lender: Barclays Bank PLC
- 1982-12-02🔒Charge registered #3Lender: Barclays Bank PLC
- 1982-12-02🔒Charge registered #2Lender: Barclays Bank PLC
- 1980-07-02🔒Charge registered #1Lender: Barclays Bank PLC
- 1980-03-17🏢Company incorporatedAs G.M. CRAIG (DEVELOPMENTS) LIMITED
Owner dependency
96/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "CRAIG" — strong identity link between founder and business.
- +Founder age: Director aged approximately 78 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
76/100
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 78 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 46 years old and no new directors in the last 3 years — succession not yet being planned internally.
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.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr George Maltman Craig Individual · British · DOB 09/1948 · age 78 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
Mrs Linda Ellen Craig Individual · British · DOB 05/1953 · age 73 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 · Construction · TD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| IAN LAW (BUILDERS) LIMITED→ 04861033 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| IGLO PROPERTIES LTD→ 10587682 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| INDICA HOLDINGS LTD→ 10593887 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| INDICA HOMES (GLANTON) LTD→ 13389368 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| INDICA PROPERTIES LTD→ 10119219 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| INNBRO LTD→ SC713871 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| J RICHARDSON GROUNDWORKS LTD→ 10670210 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| J S CRAWFORD PROPERTIES (BERWICK) LTD→ 09726119 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| J TINLIN JOINERY LTD→ SC726232 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| J. A. WILSON CONTRACTORS LTD→ SC410204 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| JACK BRUNSDON & SON LIMITED→ 00818979 · est 1964 · no financials extracted | — | — | — | — | 61y | — | — |
| JACK HUNTER ELECTRICIANS LTD→ SC607451 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated1980-03-17
Jurisdictionengland-wales
Primary SIC41201 — Construction of commercial buildings
Registered office
Ava Lodge
Castle Terrace
Berwick Upon Tweed
Northumberland
TD15 1NP
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-07-14
Last: 2025-06-30
Officers (3 active · 0 resigned)
Active
Active
Active
Click a director name to see their full track record across all companies.
Mortgages & charges
18
Total charges
5
Outstanding
2
Active lenders
Status:Lender:18 of 18 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 19/10/2018 | — | |
| outstanding | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 25/10/2017 | — | |
| outstanding | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 25/10/2017 | — | |
| outstanding | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 25/10/2017 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 15/03/2011 | 13/03/2012 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Deed of legal mortgage | 3 properties | 14/01/2011 | 27/03/2015 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Legal charge | 1 property | 15/08/2008 | 09/11/2017 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Debenture | 1 property | 27/06/2008 | 09/11/2017 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 13/11/2007 | 09/11/2017 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 01/06/2006 | 13/03/2012 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 20/06/2003 | 16/03/2011 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 29/01/1987 | 09/11/2017 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 05/07/1984 | 09/11/1990 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 05/07/1984 | 09/11/2017 | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 02/12/1982 | — | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 02/12/1982 | 09/11/2017 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 02/12/1982 | 18/04/2006 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 02/07/1980 | 16/01/1991 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (113 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-05-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2018-10-24