CORE CUT LIMITED
🌳Matureactive
SC066301 · ltd · incorporated 1978-11-08
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
PursueActive trading company with a 79-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 79). 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 (65/100).
🏦
Refinance opportunity
8 live charges · 3 lenders · oldest 38.8y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 38.8 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (58/100)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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
9 officers (5 active, 9 linked, 6 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
139 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
77
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
- 2025-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-20📄change-person-director-company-with-change-dateofficers · CH01
- 2025-01-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-22➕BRODIE, Alasdair appointeddirector
- 2024-04-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-28➖WILSON, Craig Thomas resigneddirector
- 2021-09-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-04-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-04-29🔓Charge satisfied #2
- 2020-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-04-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-04-05🔒Charge registered #8Lender: The Royal Bank of Scotland PLC
- 2017-03-31🔓Charge satisfied #5
- 2017-01-26🔓Charge satisfied #6
- 2017-01-18🔒Charge registered #7Lender: Hopetoun Estate Trust
- 2016-12-02🔓Charge satisfied #4
- 2016-12-02🔓Charge satisfied #3
- 2016-12-01🔒Charge registered #6Lender: Hopetoun Estate Trust
- 2011-05-24➖CROCKER, Alaister Graham resigneddirector
- 2011-04-19🔒Charge registered #5Lender: Hopetoun Estate Trust
- 2011-04-19🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2011-04-01➕WILSON, Craig Thomas appointeddirector
- 2010-01-04➕CROCKER, Ewan Alaister appointeddirector
- 2002-06-25🔓Charge satisfied #1
- 2002-02-11🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2002-01-25🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1998-09-22➕CROCKER, Kathleen Mary appointedsecretary
- 1998-08-21➖COUTTS-MILNE, Andrew James resignedsecretary
- 1998-02-01➕COUTTS-MILNE, Andrew James appointedsecretary
- 1998-02-01➖CROCKER, Kathleen Mary resignedsecretary
- 1997-05-10➕CROCKER, Finlay Graham appointeddirector
- 1987-07-01🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1978-11-08🏢Company incorporatedAs CORE CUT LIMITED
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
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 79 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
80/100
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 79 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 29 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.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Finlay Graham Crocker Individual · British · DOB 07/1970 · age 56 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Mr Ewan Alaister Crocker Individual · British · DOB 03/1982 · age 44 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
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 →Similar companies
Active · Construction · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CSQ CONSULT LTD→ SC421143 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| CU PLUMBING AND HEATING LTD→ SC832628 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CULLEN PLUMBING & HEATING LIMITED→ SC393940 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| CULLROSS (BALLINDEAN) LIMITED→ SC685822 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CUMBRAE PROPERTY LIMITED→ SC492499 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| CUMMINGS PLUMBING LIMITED→ SC463623 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| CUTHBERTS OF EDINBURGH LIMITED→ SC626628 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| D BLACK ELECTRICAL SERVICES LTD→ SC882032 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| D BLAKE HOLDINGS LIMITED→ SC187718 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| DAMP DOCTORS NATIONAL LTD→ SC802980 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| DARM UTILITIES LTD→ SC834449 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| DAVID GRIERSON LTD→ SC381114 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
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
Incorporated1978-11-08
Jurisdictionscotland
Primary SIC43999 — Other specialised construction activities n.e.c.
Registered office
Bankhead
Broxburn
West Lothian
EH52 6PP
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-10
Last: 2025-10-27
Officers (5 active · 4 resigned)
CROCKER, Kathleen Mary→
Activesecretary · appointed 1998-09-22
View their other companies + combined net worth →
BRODIE, Alasdair→
Activedirector · ~38y · appointed 2024-04-22
View their other companies + combined net worth →
CROCKER, Ewan Alaister→
Activedirector · ~44y · appointed 2010-01-04
View their other companies + combined net worth →
CROCKER, Finlay Graham→
Activedirector · ~56y · appointed 1997-05-10
View their other companies + combined net worth →
Active
COUTTS-MILNE, Andrew James→
Resignedsecretary · appointed 1998-02-01 · resigned 1998-08-21
CROCKER, Kathleen Mary→
Resignedsecretary · resigned 1998-02-01
CROCKER, Alaister Graham→
Resigneddirector · ~82y · resigned 2011-05-24
WILSON, Craig Thomas→
Resigneddirector · ~47y · appointed 2011-04-01 · resigned 2021-09-28
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
2
Outstanding
2
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 05/04/2017 | — | |
| outstanding | Hopetoun Estate Trust | A registered charge | 1 property | 18/01/2017 | — | |
| satisfied | Hopetoun Estate Trust | A registered charge | 1 property | 01/12/2016 | 26/01/2017 | |
| satisfied | Hopetoun Estate Trust | Standard security | 1 property | 19/04/2011 | 31/03/2017 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 19/04/2011 | 02/12/2016 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 11/02/2002 | 02/12/2016 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 25/01/2002 | 29/04/2021 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 01/07/1987 | 25/06/2002 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (139 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-08
change-person-director-company-with-change-date
officers · CH01
2025-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-30
appoint-person-director-company-with-name-date
officers · AP01
2024-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-26
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-28
termination-director-company-with-name-termination-date
officers · TM01
2021-09-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-18