GOLDCREST DEVELOPMENTS (UK) LIMITED

🌳Matureactive

SC137060 · ltd · incorporated 1992-03-11

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 32.4y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Development of building projects

Sector: Construction

Investor take

Pursue

Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (93/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

6 live charges · 2 lenders · oldest 32.4y

70/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 32.4 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (71/100)

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

Lenders & charges

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

Directors & officers

5 officers (3 active, 5 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

2 connected companies via shared directors

Filing history

98 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31
Average employees	200

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

filings

Last 90 days

filings

• 1 accounts
• 1 confirmation-statement

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (34 events)Click to expand

2026-03-10
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-07-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-05
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-04
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-09-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-10-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-12-16
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-10-25
📄
mortgage-satisfy-charge-full
mortgage · MR04
2016-10-25
📄
mortgage-satisfy-charge-full
mortgage · MR04
2016-10-25
📄
mortgage-satisfy-charge-full
mortgage · MR04
2016-10-25
📄
mortgage-satisfy-charge-full
mortgage · MR04
2016-10-25
🔓
Charge satisfied #6
2016-10-25
🔓
Charge satisfied #5
2016-10-25
🔓
Charge satisfied #4
2016-10-25
🔓
Charge satisfied #3
2016-10-25
🔓
Charge satisfied #1
2007-04-18
🔓
Charge satisfied #2
2006-11-06
🔒
Charge registered #6
Lender: The Royal Bank of Scotland PLC
2006-10-20
🔒
Charge registered #5
Lender: The Royal Bank of Scotland PLC
2001-03-08
🔒
Charge registered #4
Lender: The Governor and Company of the Bank of Scotland
1999-08-20
🔒
Charge registered #3
Lender: The Governor and Company of the Bank of Scotland
1999-06-01
🔒
Charge registered #2
Lender: The Governor and Company of the Bank of Scotland
1993-12-24
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1992-03-11
🏢
Company incorporated
As GOLDCREST DEVELOPMENTS (UK) LIMITED
1992-03-11
➕
KNOX, George William appointed
secretary
1992-03-11
➕
KNOX, George William appointed
director
1992-03-11
➕
PARAMOUNT COMPANY SEARCHES LIMITED appointed
corporate-nominee-secretary
1992-03-11
➖
PARAMOUNT COMPANY SEARCHES LIMITED resigned
corporate-nominee-secretary
1992-03-11
➕
PARAMOUNT PROPERTIES (UK) LIMITED appointed
corporate-nominee-director
1992-03-11
➖
PARAMOUNT PROPERTIES (UK) LIMITED resigned
corporate-nominee-director

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 34 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 69 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 34 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

1 med ·

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.

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr George William Knox Individual · British · DOB 02/1957 · age 69	—	—	sig. influencesignificant influence · firm interest	10/03/2017

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

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JPS ENGINEERING SOLUTIONS LTD→ SC575574 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
JR-23 SPRAYING LTD→ SC818451 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
K P PLANT LIMITED→ SC341811 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
K-MAC ELECTRICAL LIMITED→ SC307777 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
KBP (SCOTLAND) LTD→ SC442328 · est 2013 · no financials extracted	—	—	—	—	13y	—	—
KEN MORRISON CONSTRUCTION LIMITED→ SC320490 · est 2007 · no financials extracted	—	—	—	—	19y	—	—
KERNYS ACCESS LTD→ SC736665 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
KERO PROPERTIES LTD→ SC692692 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
KEVIN BEATTIE PLUMBING & HEATING SERVICES LIMITED→ SC223272 · est 2001 · no financials extracted	—	—	—	—	24y	—	—
KGD JOINERY SERVICES LIMITED→ SC726262 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
KOMANDOR (DUNDEE) LIMITED→ SC639009 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
KOMANDOR (NE) LIMITED→ SC545493 · est 2016 · no financials extracted	—	—	—	—	9y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated1992-03-11

Jurisdictionscotland

Primary SIC41100 — Development of building projects

Registered office

The Lodge Tor Na Dee

106 North Deeside Road

Milltimber

Aberdeen

AB13 0HW

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-24

Last: 2026-03-10

Officers (3 active · 2 resigned)

KNOX, George William→

secretary · appointed 1992-03-11

View their other companies + combined net worth →

Active

KNOX, George William→

director · ~69y · appointed 1992-03-11

View their other companies + combined net worth →

Active

KNOX, Shenac→

director · ~68y

View their other companies + combined net worth →

Active

PARAMOUNT COMPANY SEARCHES LIMITED→

corporate-nominee-secretary · appointed 1992-03-11 · resigned 1992-03-11

Resigned

PARAMOUNT PROPERTIES (UK) LIMITED→

corporate-nominee-director · appointed 1992-03-11 · resigned 1992-03-11

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	Lloyds Banking Group The Royal Bank of Scotland PLC	Standard security	1 property	06/11/2006	25/10/2016
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Bond & floating charge	1 property	20/10/2006	25/10/2016
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	08/03/2001	25/10/2016
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	20/08/1999	25/10/2016
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	01/06/1999	18/04/2007
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	24/12/1993	25/10/2016