THE CRICHTON TRUST

🌳Matureactive

SC164601 · private-limited-guarant-nsc-limited-exemption · incorporated 1996-03-27

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.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

73/100

Strong

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What this business does

Primary activity: Other letting and operating of own or leased real estate

Sector: Real estate

ALSO REGISTERED FOR

85600Educational support services
90040Operation of arts facilities
91030Operation of historical sites and buildings and similar visitor attractions

Investor take

Pursue

Property-backed borrower with a 68-year-old founder — textbook succession opportunity.

Opportunity 73/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 68). 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 (45/100).

🏦

Refinance opportunity

7 live charges · 3 lenders · oldest 19.8y

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 19.8 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 48/100 (high).

Data confidence

Overall: medium (56/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 4 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

7 charges (7/7 with lender, 7/7 with type)

Directors & officers

96 officers (13 active, 96 linked, 89 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

278 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

73/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

• 2 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (209 events)Click to expand

2026-01-22
➕
SIMMONS, David Joseph appointed
secretary
2026-01-22
➖
GIBBONS, Gwilym Meredith Lloyd resigned
secretary
2026-01-22
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2026-01-22
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2026-01-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-01-07
📄
accounts-with-accounts-type-full
accounts · AA
2025-12-23
➖
HUNTER, Patricia Ann Grant resigned
director
2025-08-05
➖
MARLOW, Danielle Susanne resigned
director
2025-08-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-04-03
📄
accounts-with-accounts-type-full
accounts · AA
2025-02-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-02-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-02-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-02-13
➕
BRADLEY, Joseph Maxwell appointed
director
2025-02-13
➕
BROWN, Emma appointed
director
2025-02-13
➕
HUNTER, Elaine appointed
director
2024-12-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-12-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-12-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-12-12
➖
BRENNAN, Janet Rose, Dr resigned
director
2024-12-12
➖
JONES, Philip Neville resigned
director
2024-12-12
➖
THOMSON, Kathleen resigned
director
2024-04-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-04-18
➖
DICKSON, Paul James resigned
director
2024-04-11
📄
change-person-director-company-with-change-date
officers · CH01
2024-04-11
📄
change-person-director-company-with-change-date
officers · CH01
2024-04-11
📄
change-person-director-company-with-change-date
officers · CH01
2024-04-11
📄
change-person-director-company-with-change-date
officers · CH01
2024-04-11
📄
change-person-director-company-with-change-date
officers · CH01
2024-04-11
📄
change-person-director-company-with-change-date
officers · CH01
2024-02-15
📄
change-person-director-company-with-change-date
officers · CH01
2024-02-08
📄
change-person-director-company-with-change-date
officers · CH01
2024-01-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-22
➕
SPARKS, Nicholas Henry Charles, Professor appointed
director
2023-12-14
➕
AUSTIN, Anna appointed
director
2023-12-14
➕
DILLETT, James appointed
director
2023-12-14
➕
HALLIDAY, Bruce, Dr appointed
director
2023-12-14
➕
JAMIESON, David appointed
director
2023-12-14
➕
ROBERTS, Luke appointed
director
2023-11-20
➖
MACMILLAN, Ian resigned
director
2023-11-20
➖
MAPPIN, Gary John Reid resigned
director
2021-12-16
➕
HALL, David John appointed
director
2021-12-16
➕
HORNER, Sheena Elizabeth appointed
director
2021-12-16
➖
BURTON, Margaret Elizabeth resigned
director
2021-12-16
➕
HUNTER, Patricia Ann Grant appointed
director
2021-12-16
➕
MARLOW, Danielle Susanne appointed
director
2021-11-05
➖
RENTON, Craig James resigned
secretary
2021-09-01
➖
FOLEY, Malcolm Thomas resigned
director
2021-04-01
➕
RENTON, Craig James appointed
secretary
2020-04-02
➕
GIBBONS, Gwilym Meredith Lloyd appointed
secretary

Showing most recent 50 of 209 events

Owner dependency

55/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-12 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

50/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.

Red flags

1 med · 1 low

3 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: GIBBONS, Gwilym Meredith Lloyd resigned 2026-01-22; HUNTER, Patricia Ann Grant resigned 2025-12-23; MARLOW, Danielle Susanne resigned 2025-08-05

7 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →

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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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Company details

Statusactive

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated1996-03-27

Jurisdictionscotland

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Grierson House

The Crichton, Bankend Road

Dumfries

DG1 4ZE

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-10

Last: 2026-03-27