CROFT OIL AND GAS PLC

⚰️Wound downdissolved

SC117890 · plc · incorporated 1989-05-15

Investment thesis

Company dissolved — not a live target.

Why interesting: Historical record only; useful for precedent research.

Why risky: Not transactable.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

50/100

Worth a look

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 1110

Sector: Manufacturing

Investor take

Pass (distressed without resilience)

Distressed unclear — structural issues outweigh the discount.

Opportunity 50/100 (worth a look), bankability 42/100. Strong seller-intent signal (88/100, director aged 80). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

6 live charges · 4 lenders · oldest 33.6y

25/100

too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

· Oldest live charge is 33.6 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Legal-friction score 60/100 (high).

Data confidence

Overall: low (50/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

6 charges (6/6 with lender, 6/6 with type)

Directors & officers

28 officers (3 active, 28 linked, 23 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

5 connected companies via shared directors

Filing history

165 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

50/100Worth a look

PassWatchWorth a lookStrongExceptional

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (88 events)Click to expand

2011-10-06
⚠️
gazette-dissolved-liquidation
gazette · GAZ2
2011-10-06
🏁
Company dissolved
2011-07-06
⚠️
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2011-03-21
➖
MACFARLANE, David Archibald resigned
director
2011-03-21
➖
PATON, Stuart Mcnicol, Dr resigned
director
2011-03-21
📄
termination-director-company-with-name
officers · TM01
2011-03-21
📄
termination-director-company-with-name
officers · TM01
2011-02-11
📄
resolution
resolution · RESOLUTIONS
2011-02-11
📍
change-registered-office-address-company-with-date-old-address
address · AD01
2011-01-25
📍
change-registered-office-address-company-with-date-old-address
address · AD01
2010-11-17
📄
appoint-person-director-company-with-name
officers · AP01
2010-11-16
➕
LINN, Alan Scott appointed
director
2010-11-02
📄
termination-director-company-with-name
officers · TM01
2010-10-29
➖
CLEMENT, Bruce Frederick William resigned
director
2010-09-14
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-07-02
📄
accounts-with-accounts-type-full
accounts · AA
2009-09-22
📄
legacy
annual-return · 363a
2009-07-30
📄
accounts-with-accounts-type-full
accounts · AA
2009-05-15
📄
legacy
officers · 288a
2009-05-15
📄
legacy
officers · 288a
2009-05-06
📄
legacy
officers · 288b
2009-04-30
➕
MACFARLANE, David Archibald appointed
director
2009-04-30
➖
MOFFAT, Robert Gordon resigned
director
2009-04-30
➕
PATON, Stuart Mcnicol, Dr appointed
director
2008-12-22
📄
legacy
officers · 288b
2008-12-16
➖
LONGMAN, Christopher David, Dr resigned
director
2008-09-16
📄
legacy
annual-return · 363a
2008-09-01
📄
legacy
officers · 288a
2008-08-29
➕
CLEMENT, Bruce Frederick William appointed
director
2008-08-07
📄
accounts-with-accounts-type-full
accounts · AA
2008-07-14
📄
legacy
officers · 288b
2008-06-27
➖
DORAN, John, Dr resigned
director
2008-01-15
📍
legacy
address · 287
2007-09-18
📄
legacy
annual-return · 363a
2007-07-20
📄
accounts-with-accounts-type-full
accounts · AA
2006-10-10
📄
legacy
annual-return · 363s
2006-09-19
➖
BAINES, Edgar resigned
director
2002-02-07
➖
DEBONI, Walter resigned
director
2002-02-07
➕
MOFFAT, Robert Gordon appointed
director
2000-06-15
➕
BUTLER, Neil appointed
director
2000-05-26
➖
STEVENSON, Rosalind Jane resigned
secretary
2000-03-15
➕
LONGMAN, Christopher David, Dr appointed
director
2000-03-10
➕
BAINES, Edgar appointed
director
2000-02-29
➖
ATKINSON, John Paul resigned
director
1999-08-16
➕
BUTLER, Neil appointed
secretary
1999-08-01
➖
BRAATEN, Peter Alfred resigned
director
1999-08-01
➕
DORAN, John, Dr appointed
director
1999-04-01
➕
ATKINSON, John Paul appointed
director
1998-08-27
➖
WOOD, David Anthony resigned
director
1997-07-14
➖
PATRICK, Ian William James resigned
secretary

Showing most recent 50 of 88 events

Owner dependency

83/100

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 26 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 80 — succession pressure is live.

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 80 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 26 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 37 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

2 high · 1 med ·

Company dissolved

high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2011-10-06

2 insolvency-related filings on record

high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2011-10-06: gazette-dissolved-liquidation; 2011-07-06: liquidation-voluntary-return-of-final-meeting-scotland

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

🔒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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FERGUSONS BAKERS LIMITED→ SC222640 · est 2001	—	—	—	86	24y	82	67y
GRAND PRODUCTIONS LIMITED→ SC132250 · est 1991	—	—	£441.0k	—	34y	82	61y
MEADOWSIDE BLENDING COMPANY LIMITED→ SC093121 · est 1985	—	—	—	3	41y	82	80y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

10 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

Statusdissolved

Typeplc

Incorporated1989-05-15

Jurisdictionscotland

Primary SIC1110 — SIC 1110

Registered office

DELOITTE LLP

9 George Square

Glasgow

G2 1QQ

Filing status

Accounts

Next due: —

Last made up to: 2009-12-31

Confirmation statement

Next due: —

Last: —

Officers (0 active · 25 resigned)

BUTLER, Neil→

secretary · appointed 1999-08-16

View their other companies + combined net worth →

Active

BUTLER, Neil→

director · ~80y · appointed 2000-06-15

View their other companies + combined net worth →

Active

LINN, Alan Scott→

director · ~69y · appointed 2010-11-16

View their other companies + combined net worth →

Active

BAIRD, David George→

secretary · appointed 1989-05-15 · resigned 1990-06-06

Resigned

HUNTER, Gavin Stuart Cameron→

secretary · appointed 1990-06-06 · resigned 1992-09-30

Resigned

PATRICK, Ian William James→

secretary · appointed 1992-09-30 · resigned 1997-07-14

Resigned

STEVENSON, Rosalind Jane→

secretary · appointed 1997-07-14 · resigned 2000-05-26

Resigned

ATKINSON, John Paul→

director · ~72y · appointed 1999-04-01 · resigned 2000-02-29

Resigned

BAINES, Edgar→

director · ~76y · appointed 2000-03-10 · resigned 2006-09-19

Resigned

BRAATEN, Peter Alfred→

director · ~81y · appointed 1997-04-18 · resigned 1999-08-01

Resigned

BRASSEUR, Murray Joseph→

director · ~82y · appointed 1997-04-18 · resigned 1997-07-14

Resigned

CADENHEAD, Kenneth Caldwell→

director · ~84y · resigned 1992-04-01

Resigned

CLEMENT, Bruce Frederick William→

director · ~70y · appointed 2008-08-29 · resigned 2010-10-29

Resigned

DALGARNO, Frederick George Scott→

director · ~83y · resigned 1997-04-18

Resigned

DEBONI, Walter→

director · ~80y · appointed 1997-04-18 · resigned 2002-02-07

Resigned

DORAN, John, Dr→

director · ~80y · appointed 1999-08-01 · resigned 2008-06-27

Resigned

HARRISON, Iain Victor Robinson→

director · ~97y · appointed 1989-05-15 · resigned 1997-04-18

Resigned

HUNTER, Gavin Stuart Cameron→

director · ~73y · appointed 1992-04-01 · resigned 1992-09-30

Resigned

LONGMAN, Christopher David, Dr→

director · ~70y · appointed 2000-03-15 · resigned 2008-12-16

Resigned

MACFARLANE, David Archibald→

director · ~69y · appointed 2009-04-30 · resigned 2011-03-21

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:6 of 6 shown

		Type	Properties
satisfied	The Liverpool Partnership The Liverpool Limited Partnership	Bond & floating charge	1 property	13/04/1995	18/12/1996
satisfied	Harrisons (Clyde) Harrisons (Clyde) Limited	Bond & floating charge	1 property	13/04/1995	29/11/1996
outstanding	Murray Ventures as Trustee Murray Ventures PLC as Trustee	Floating charge	1 property	15/12/1993	—
satisfied	Harrisons (Clyde) Harrisons (Clyde) Limited	Bond & floating charge	1 property	19/11/1993	25/01/1994
satisfied	Murray Ventures Murray Ventures PLC	Floating charge	1 property	23/02/1993	30/12/1993
satisfied	Harrisons (Clyde) Harrisons (Clyde) Limited	Floating charge	1 property	30/10/1992	01/03/1993

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (165 total)

gazette-dissolved-liquidation

gazette · GAZ2

2011-10-06

liquidation-voluntary-return-of-final-meeting-scotland

insolvency · 4.26(Scot)

2011-07-06

termination-director-company-with-name

officers · TM01

2011-03-21

termination-director-company-with-name

officers · TM01

2011-03-21

resolution

resolution · RESOLUTIONS

2011-02-11

change-registered-office-address-company-with-date-old-address

address · AD01

2011-02-11

change-registered-office-address-company-with-date-old-address

address · AD01

2011-01-25

appoint-person-director-company-with-name

officers · AP01

2010-11-17

termination-director-company-with-name

officers · TM01

2010-11-02

annual-return-company-with-made-up-date-full-list-shareholders

annual-return · AR01

2010-09-14

accounts-with-accounts-type-full

accounts · AA

2010-07-02

legacy

annual-return · 363a

2009-09-22

accounts-with-accounts-type-full

accounts · AA

2009-07-30

legacy

officers · 288a

2009-05-15

legacy

officers · 288a

2009-05-15