CRAIG ENTERPRISES LIMITED

💤Zombieactive
04278577 · ltd · incorporated 2001-08-29
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
—
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Turnover
—
year to Oct 2025
Net worth
£1.11M
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 37000
Sector: Water supply & waste
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 14.6y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 14.6 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
64 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1,113,455
Cash YoY
-3%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£53k
↓ 2.9% YoY
Net Worth
£1.1m
↑ 22% YoY
Current Assets
£769k
↑ 40% YoY
Current Liabilities
—
£0£223k£445k£668k£891k£1.1mOct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-10-312024-10-31
Total assets£1.17M£966.4k
Current assets£769.2k£547.9k
Cash£53.1k£54.7k
Debtors£713.2k£490.4k
Net assets£1.11M£915.3k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-02-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-06-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-01-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-01-06
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2022-09-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-02-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2021-01-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2020-02-08
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2019-02-12
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2018-06-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2017-06-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-06-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-09-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-02-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-09-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-07-28
    🔒
    Charge registered #3
    Lender: Investacc Pension Trustees Limited
  17. 2014-05-31
    ➖
    CRAIG, George Francis resigned
    director
  18. 2013-11-26
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  19. 2011-11-30
    🔒
    Charge registered #1
    Lender: George Francis Craig and Patricia Mary Craig and Investacc Limited
  20. 2001-08-29
    🏢
    Company incorporated
    As CRAIG ENTERPRISES LIMITED
  21. 2001-08-29
    ➕
    CRAIG, Patricia Mary appointed
    secretary
  22. 2001-08-29
    ➕
    CRAIG, Patricia Mary appointed
    director
  23. 2001-08-29
    ➕
    JL NOMINEES TWO LIMITED appointed
    corporate-nominee-secretary
  24. 2001-08-29
    ➖
    JL NOMINEES TWO LIMITED resigned
    corporate-nominee-secretary
  25. 2001-08-29
    ➕
    CRAIG, George Francis appointed
    director
  26. 2001-08-29
    ➕
    JL NOMINEES ONE LIMITED appointed
    corporate-nominee-director
  27. 2001-08-29
    ➖
    JL NOMINEES ONE LIMITED resigned
    corporate-nominee-director

Owner dependency

100/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "CRAIG" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. 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 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 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

clean
No 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ms Patricia Mary Craig
Individual · British · DOB 02/1965 · age 61
75–100%
—75-100% shares29/08/2016

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 →

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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
Incorporated2001-08-29
Jurisdictionengland-wales
Primary SIC37000 — SIC 37000

Registered office

Unit 4 Bassington Industrial Estate
Cramlington
NE23 8AF
United Kingdom

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-09-12
Last: 2025-08-29

Officers (2 active · 3 resigned)

CRAIG, Patricia Mary→
secretary · appointed 2001-08-29
View their other companies + combined net worth →
Active
CRAIG, Patricia Mary→
director · ~61y · appointed 2001-08-29
View their other companies + combined net worth →
Active
JL NOMINEES TWO LIMITED→
corporate-nominee-secretary · appointed 2001-08-29 · resigned 2001-08-29
Resigned
CRAIG, George Francis→
director · ~61y · appointed 2001-08-29 · resigned 2014-05-31
Resigned
JL NOMINEES ONE LIMITED→
corporate-nominee-director · appointed 2001-08-29 · resigned 2001-08-29
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

3
Total charges
3
Outstanding
3
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Investacc Pension Trustees / Patricia Mary Craig / George Francis Craig
Investacc Pension Trustees Limited / Patricia Mary Craig / George Francis Craig
A registered charge—28/07/2014—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property26/11/2013—
outstanding
George Francis Craig and Patricia Mary Craig and Investacc
George Francis Craig and Patricia Mary Craig and Investacc Limited
Chattels mortgage1 property30/11/2011—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (64 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-06-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-01-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-02-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-11