CROSMILL HOLDINGS LTD
🌳Matureactive
03787955 · ltd · incorporated 1999-06-11
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 36000
Sector: Water supply & waste
Investor take
PursueActive trading company with a 74-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (78/100, director aged 74). 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 (73/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 1.6y
0/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 1.6 years old — likely still in initial term.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 33/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (75/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 6 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
112 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →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.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 |
|---|---|
| Average employees | 0 |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-smallaccounts · AA
- 2025-08-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-31➖BOLTER, Andrew Christopher resigneddirector
- 2025-07-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-17🔒Charge registered #4Lender: Kroll Trustee Services Limited (As Security Agent for the Secured Parties)
- 2025-07-10📄resolutionresolution · RESOLUTIONS
- 2025-07-10📄memorandum-articlesincorporation · MA
- 2025-06-25📄statement-of-companys-objectschange-of-constitution · CC04
- 2025-06-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-13➕BOLTER, Andrew Christopher appointeddirector
- 2025-06-13➖HORTON, Paul John resigneddirector
- 2025-06-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-02🔓Charge satisfied #3
- 2025-06-02🔓Charge satisfied #2
- 2025-06-02🔓Charge satisfied #1
- 2024-12-30📄resolutionresolution · RESOLUTIONS
- 2024-12-30📄memorandum-articlesincorporation · MA
- 2024-12-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-19🔒Charge registered #3Lender: Ldc (Managers) Limited (as Security Trustee for the Security Beneficiaries(as Defined in the Instrument)).
- 2024-12-19🔒Charge registered #2Lender: Glas Trust Corporation Limited as Security Trustee
- 2024-12-19🔒Charge registered #1Lender: Ldc (Managers) Limited (as Security Trustee for the Security Beneficiaries(as Defined in the Instrument)).
- 2024-11-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-11-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-12➕HARTLEY, Gavin Michael appointeddirector
- 2024-11-12➕HORTON, Paul John appointeddirector
- 2024-11-12➖MCMILLAN, David James resigneddirector
- 2024-09-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2015-06-30➖MCMILLAN, Jacqueline Laura resignedsecretary
- 2014-02-26➕KEY, Paul appointeddirector
- 2005-12-15➖MCMILLAN, Carol Mary resignedsecretary
- 2005-12-15➕MCMILLAN, Jacqueline Laura appointedsecretary
- 2003-08-25➖MCMILLAN, William Denis resigneddirector
- 1999-06-22➕MCMILLAN, Carol Mary appointedsecretary
- 1999-06-22➖BRITANNIA COMPANY FORMATIONS LIMITED resignedcorporate-nominee-secretary
- 1999-06-22➕MCMILLAN, David James appointeddirector
- 1999-06-22➕MCMILLAN, William Denis appointeddirector
- 1999-06-22➖DEANSGATE COMPANY FORMATIONS LIMITED resignedcorporate-nominee-director
- 1999-06-11🏢Company incorporatedAs CROSMILL HOLDINGS LTD
- 1999-06-11➕BRITANNIA COMPANY FORMATIONS LIMITED appointedcorporate-nominee-secretary
- 1999-06-11➕DEANSGATE COMPANY FORMATIONS LIMITED appointedcorporate-nominee-director
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 74 — 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 74 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 12 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
Hsl Compliance Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Hsl Compliance Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
CROSMILL HOLDINGS LTD
This company · 03787955
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 |
|---|---|---|---|---|
Hsl Compliance Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 12/11/2024 |
1 historic (ceased) PSC
- Mr David Mcmillanceased 12/11/2024· 75-100% shares · 75-100% voting · board control
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 · HR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BOULTBEE BROOKS (RENEWABLES WALKFORD MOOR) LTD→ 13271419 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| COOL CLIMATE LIMITED→ 11605582 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| COURT MEADOW LTD→ 12371192 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| DARTFORD GREEN POWER LTD→ 13785158 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| DELPHIC COMPUTER SERVICES LIMITED→ 02590021 · est 1991 · no financials extracted | — | — | — | — | 35y | — | — |
| DOWNIEBRAE BESS LTD→ 14657677 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ECO DOG SOLUTIONS CIC→ 16953226 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ENVIRO ABILITY→ 03798789 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| ENVIROABILITY TRADING LIMITED→ 09643304 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ENVIROSHRED LIMITED→ 07490953 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| EXACT DCP LTD→ 17045577 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| EXACT POWER LTD→ 13910272 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated1999-06-11
Jurisdictionengland-wales
Primary SIC36000 — SIC 36000
Registered office
Alton House Alton Business Park
Alton Road
Ross-On-Wye
HR9 5BP
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-29
Last: 2026-04-15
Officers (2 active · 8 resigned)
HARTLEY, Gavin Michael→
Activedirector · ~50y · appointed 2024-11-12
View their other companies + combined net worth →
Active
MCMILLAN, Carol Mary→
Resignedsecretary · appointed 1999-06-22 · resigned 2005-12-15
MCMILLAN, Jacqueline Laura→
Resignedsecretary · appointed 2005-12-15 · resigned 2015-06-30
BRITANNIA COMPANY FORMATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1999-06-11 · resigned 1999-06-22
BOLTER, Andrew Christopher→
Resigneddirector · ~56y · appointed 2025-06-13 · resigned 2025-07-31
HORTON, Paul John→
Resigneddirector · ~60y · appointed 2024-11-12 · resigned 2025-06-13
MCMILLAN, David James→
Resigneddirector · ~61y · appointed 1999-06-22 · resigned 2024-11-12
MCMILLAN, William Denis→
Resigneddirector · ~95y · appointed 1999-06-22 · resigned 2003-08-25
DEANSGATE COMPANY FORMATIONS LIMITED→
Resignedcorporate-nominee-director · appointed 1999-06-11 · resigned 1999-06-22
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Kroll Trustee Services (As Security Agent for the Secured Parties) Kroll Trustee Services Limited (As Security Agent for the Secured Parties) | A registered charge | 1 property | 17/07/2025 | — | |
| satisfied | Ldc (Managers) (as Security Trustee for the Security Beneficiaries(as Defined in the Instrument)). Ldc (Managers) Limited (as Security Trustee for the Security Beneficiaries(as Defined in the Instrument)). | A registered charge | 1 property | 19/12/2024 | 02/06/2025 | |
| satisfied | Glas Trust Corporation as Security Trustee Glas Trust Corporation Limited as Security Trustee | A registered charge | — | 19/12/2024 | 02/06/2025 | |
| satisfied | Ldc (Managers) (as Security Trustee for the Security Beneficiaries(as Defined in the Instrument)). Ldc (Managers) Limited (as Security Trustee for the Security Beneficiaries(as Defined in the Instrument)). | A registered charge | 1 property | 19/12/2024 | 02/06/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (112 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-11
accounts-with-accounts-type-small
accounts · AA
2025-12-18
termination-director-company-with-name-termination-date
officers · TM01
2025-08-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-24
resolution
resolution · RESOLUTIONS
2025-07-10
memorandum-articles
incorporation · MA
2025-07-10
statement-of-companys-objects
change-of-constitution · CC04
2025-06-25
appoint-person-director-company-with-name-date
officers · AP01
2025-06-16
termination-director-company-with-name-termination-date
officers · TM01
2025-06-16
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-03
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-02
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-02
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-02
resolution
resolution · RESOLUTIONS
2024-12-30
memorandum-articles
incorporation · MA
2024-12-30