ALVERTON COURT DEVELOPMENTS LIMITED
🌳Matureactive
04680023 · ltd · incorporated 2003-02-27
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 22.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower. Family succession underway — not a classic acquisition target.
Opportunity 79/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 22.6y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 22.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (72/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (4 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 · accounting standard unknown| Metric | 2025-01-31 |
|---|---|
| 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
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 (35 events)Click to expand
- 2025-11-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-10-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-06-18➕CRAZE, Ronald Derek appointeddirector
- 2025-06-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-05➕CRAZE, Simon Dominic appointedsecretary
- 2025-02-05➕CRAZE, Simon Dominic appointeddirector
- 2025-02-05➖CRAZE, Ronald Derek resignedsecretary
- 2025-02-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-05📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-02-05📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-10-14📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2024-09-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2008-05-13🔓Charge satisfied #2
- 2008-05-13🔓Charge satisfied #1
- 2008-02-01🔒Charge registered #3Lender: Mortgage Trust Limited
- 2007-08-07➖HUTCHINSON, Anne Elizabeth resigneddirector
- 2003-12-12🔒Charge registered #2Lender: Hsbc Bank PLC
- 2003-10-23🔒Charge registered #1Lender: Hsbc Bank PLC
- 2003-02-27🏢Company incorporatedAs ALVERTON COURT DEVELOPMENTS LIMITED
- 2003-02-27➕CRAZE, Adam Daniel appointeddirector
- 2003-02-27➕CRAZE, Ronald Derek appointedsecretary
- 2003-02-27➕GRAEME, Dorothy May appointednominee-secretary
- 2003-02-27➖GRAEME, Dorothy May resignednominee-secretary
- 2003-02-27➕GRAEME, Lesley Joyce appointednominee-director
- 2003-02-27➖GRAEME, Lesley Joyce resignednominee-director
- 2003-02-27➕HUTCHINSON, Anne Elizabeth appointeddirector
Owner dependency
83/100
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
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 84 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFamily succession underway: Not a takeover target — CRAZE, Simon Dominic (same surname) appointed 2025-02-05. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- 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
Cornish Property Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Cornish Property Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
ALVERTON COURT DEVELOPMENTS LIMITED
This company · 04680023
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 |
|---|---|---|---|---|
Cornish Property Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 05/09/2025 |
3 historic (ceased) PSCs
- Mr Simon Dominic Crazeceased 05/09/2025· 25-50% shares · 25-50% voting
- Mr Ronald Derek Crazeceased 05/09/2025· 25-50% shares · 25-50% voting · board control
- Mr Adam Daniel Crazeceased 05/09/2025· 25-50% shares · 25-50% 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 · Property · TR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALEXANDER'S ESTATE LTD→ 15041052 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALMONDO DEVELOPMENTS LIMITED→ 12022916 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AMM CORNWALL LIMITED→ 16668212 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMPLESTORE LIMITED→ 04101636 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ANDAVLIS LIMITED→ 08845255 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ANGARRACK MANAGEMENT LIMITED→ 04572266 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ANN PROPERTY LTD→ 13553995 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ANNEDH PROPERTIES LIMITED→ 12713305 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ANPAUMA LIMITED→ 04622942 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| APARTMENTS FOR FALMOUTH LIMITED→ 11451842 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| APEX LAND LTD→ 11605716 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| APPLEWOOD MANAGEMENT CORNWALL LIMITED→ 13483908 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2003-02-27
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Waterside Court
Falmouth Road
Penryn
Cornwall
TR10 8AW
England
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-10-09
Last: 2025-09-25
Officers (4 active · 4 resigned)
CRAZE, Simon Dominic→
Activesecretary · appointed 2025-02-05
View their other companies + combined net worth →
CRAZE, Adam Daniel→
Activedirector · ~53y · appointed 2003-02-27
View their other companies + combined net worth →
CRAZE, Ronald Derek→
Activedirector · ~84y · appointed 2025-06-18
View their other companies + combined net worth →
CRAZE, Simon Dominic→
Activedirector · ~53y · appointed 2025-02-05
View their other companies + combined net worth →
CRAZE, Ronald Derek→
Resignedsecretary · appointed 2003-02-27 · resigned 2025-02-05
GRAEME, Dorothy May→
Resignednominee-secretary · appointed 2003-02-27 · resigned 2003-02-27
GRAEME, Lesley Joyce→
Resignednominee-director · ~73y · appointed 2003-02-27 · resigned 2003-02-27
HUTCHINSON, Anne Elizabeth→
Resigneddirector · ~83y · appointed 2003-02-27 · resigned 2007-08-07
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Mortgage Trust Mortgage Trust Limited | Mortgage | 1 property | 01/02/2008 | — | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 12/12/2003 | 13/05/2008 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 23/10/2003 | 13/05/2008 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (74 total)
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-11-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-02
appoint-person-director-company-with-name-date
officers · AP01
2025-06-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-07
appoint-person-director-company-with-name-date
officers · AP01
2025-02-05
termination-secretary-company-with-name-termination-date
officers · TM02
2025-02-05
appoint-person-secretary-company-with-name-date
officers · AP03
2025-02-05
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2024-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-17