7 CROSS & PILLORY SPV LTD

🌱Startupactive
16064360 · ltd · incorporated 2024-11-06
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 72/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 1.0y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 1.0 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (57/100)

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
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
5 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

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 (11 events)Click to expand
  1. 2025-05-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2025-05-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-05-09
    🔒
    Charge registered #2
    Lender: Bramhall Commercial Limited
  4. 2025-05-09
    🔒
    Charge registered #1
    Lender: Bramhall Commercial Limited
  5. 2024-12-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-12-11
    WEEKS, Michael Robson resigned
    director
  7. 2024-11-06
    🏢
    Company incorporated
    As 7 CROSS & PILLORY SPV LTD
  8. 2024-11-06
    HEWITT, Darren Edward appointed
    director
  9. 2024-11-06
    HEWITT, Elizabeth Jane appointed
    director
  10. 2024-11-06
    WEEKS, Michael Robson appointed
    director
  11. 2024-11-06
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

Material 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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 1.5 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Iconic Build Life Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Iconic Build Life Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
7 CROSS & PILLORY SPV LTD
This company · 16064360

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%
NameSharesVoting rightsNature of controlNotified
Iconic Build Life Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/11/2024

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.

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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.

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🔒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.

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Company details

Statusactive
Typeltd
Incorporated2024-11-06
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

4 The Courtyard
Denmark Street
Wokingham
RG40 2AZ
England

Filing status

Accounts
Next due: 2026-08-06
Last made up to:
Confirmation statement
Next due: 2026-11-19
Last: 2025-11-05

Officers (2 active · 1 resigned)

HEWITT, Darren Edward
director · ~50y · appointed 2024-11-06
View their other companies + combined net worth →
Active
HEWITT, Elizabeth Jane
director · ~51y · appointed 2024-11-06
View their other companies + combined net worth →
Active
WEEKS, Michael Robson
director · ~46y · appointed 2024-11-06 · resigned 2024-12-11
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Bramhall Commercial
Bramhall Commercial Limited
A registered charge1 property09/05/2025
outstanding
Bramhall Commercial
Bramhall Commercial Limited
A registered charge1 property09/05/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (5 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-14
termination-director-company-with-name-termination-date
officers · TM01
2024-12-12
incorporation-company
incorporation · NEWINC
2024-11-06