CRAIGTON INDUSTRIES (SALES) LIMITED

🌳Matureactive
SC046807 · ltd · incorporated 1969-08-05
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 18.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£337.2k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 46130
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 71). 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

2 live charges · 2 lenders · oldest 18.7y

50/100
clean up first

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

  • · Oldest live charge is 18.7 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 (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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 6 with DOB)
82
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
103 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 · accounting standard not declared
Positive net assets
Net assets £337,162
Cash YoY
+30%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£106k
↑ 30% YoY
Net Worth
£337k
~ YoY
Current Assets
£420k
↑ 1.4% YoY
Current Liabilities
—
£0£84k£168k£252k£336k£420kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£341.5k£338.4k
Current assets£419.9k£414.3k
Cash£105.7k£81.5k
Debtors£200.7k£230.9k
Net assets£337.2k£334.3k

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 (30 events)Click to expand
  1. 2025-07-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-06-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-05-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-06-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-01-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-11-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2017-11-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2017-10-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2017-10-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-08-02
    📄
    capital-cancellation-shares
    capital · SH06
  14. 2017-08-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2017-08-02
    📄
    capital-return-purchase-own-shares
    capital · SH03
  16. 2017-06-28
    ➖
    MCCANN, Stanley Vincent resigned
    director
  17. 2011-06-21
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  18. 2008-01-31
    ➖
    MCCANN, Barbara resigned
    director
  19. 2007-08-30
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  20. 1995-11-22
    ➕
    MCCORMICK, Iain Crawford appointed
    secretary
  21. 1995-11-22
    ➖
    LINDSAY, William resigned
    secretary
  22. 1995-08-08
    ➖
    LINDSAY, Mina resigned
    director
  23. 1995-08-08
    ➖
    LINDSAY, William resigned
    director
  24. 1994-07-01
    ➕
    MCCORMICK, Elaine appointed
    director
  25. 1994-07-01
    ➕
    MCCANN, Barbara appointed
    director
  26. 1991-11-01
    ➕
    LINDSAY, Mina appointed
    director
  27. 1989-03-31
    ➕
    LINDSAY, William appointed
    secretary
  28. 1989-03-31
    ➖
    MCCANN, Edward Vincent resigned
    secretary
  29. 1989-03-31
    ➖
    MCCANN, Edward Vincent resigned
    director
  30. 1969-08-05
    🏢
    Company incorporated
    As CRAIGTON INDUSTRIES (SALES) LIMITED

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 57 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Elaine Mccormick
Individual · British · DOB 03/1955 · age 71
25–50%
25–50%25-50% shares · 25-50% voting28/06/2017
Mr Iain Crawford Mccormick
Individual · British · DOB 05/1955 · age 71
25–50%
25–50%25-50% shares · 25-50% voting28/06/2017
1 historic (ceased) PSC
  • Mr Stanley Vincent Mccannceased 28/06/2017· 25-50% shares · 25-50% voting

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

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
Incorporated1969-08-05
Jurisdictionscotland
Primary SIC46130 — SIC 46130

Registered office

Craigton Works
Milngavie
G62 7HG

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-12-07
Last: 2025-11-23

Officers (3 active · 7 resigned)

MCCORMICK, Iain Crawford→
secretary · appointed 1995-11-22
View their other companies + combined net worth →
Active
MCCORMICK, Elaine→
director · ~71y · appointed 1994-07-01
View their other companies + combined net worth →
Active
MCCORMICK, Iain Crawford→
director · ~71y
View their other companies + combined net worth →
Active
LINDSAY, William→
secretary · appointed 1989-03-31 · resigned 1995-11-22
Resigned
MCCANN, Edward Vincent→
secretary · resigned 1989-03-31
Resigned
LINDSAY, Mina→
director · ~99y · appointed 1991-11-01 · resigned 1995-08-08
Resigned
LINDSAY, William→
director · ~101y · resigned 1995-08-08
Resigned
MCCANN, Barbara→
director · ~71y · appointed 1994-07-01 · resigned 2008-01-31
Resigned
MCCANN, Edward Vincent→
director · resigned 1989-03-31
Resigned
MCCANN, Stanley Vincent→
director · ~79y · resigned 2017-06-28
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
Virgin Money
Clydesdale Bank PLC
Floating charge1 property21/06/2011—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property30/08/2007—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (103 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-23
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-21
confirmation-statement-with-updates
confirmation-statement · CS01
2020-11-24
confirmation-statement-with-updates
confirmation-statement · CS01
2019-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-05-31
confirmation-statement-with-updates
confirmation-statement · CS01
2018-11-26