CROMDALE (LANES) LTD

🌳Matureactive
SC166102 · ltd · incorporated 1996-06-06
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 28.0y old — refinance window within 12 months
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
—
year to Mar 2025
Net worth
£-162.3k
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 41201Construction of commercial buildings
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 28.0y

85/100
ready

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

  • · Oldest live charge is 28.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 20/100 — clean.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 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
18 officers (3 active, 18 linked, 16 with DOB)
88
Ownership & PSC
1 active PSC(s) of 6 total, 6 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
157 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £162,324

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£162k
↓ 24% YoY
Current Assets
£62k
↑ 6.4% YoY
Current Liabilities
—
-£162k-£117k-£72k-£28k£17k£62kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£-162.3k£-131.1k
Current assets£62.3k£58.5k
Debtors£8.2k£4.4k
Net assets£-162.3k£-131.1k

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
0
filings
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (55 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-02-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2022-02-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2022-02-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2022-02-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2021-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-04-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-11-04
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  12. 2019-04-24
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  13. 2019-04-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2019-04-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-04-02
    ➕
    WAITT, Kenneth William appointed
    director
  16. 2019-03-28
    ➖
    RITCHIE, Sheila Ewan resigned
    director
  17. 2019-03-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2019-01-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2019-01-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  20. 2018-09-24
    ➖
    SUTHERLAND, Andrew resigned
    director
  21. 2017-06-30
    ➖
    HAGGERTY, Euan James Edward resigned
    director
  22. 2015-06-30
    ➖
    GRANT, Pamela resigned
    director
  23. 2015-05-31
    ➖
    MILLER, Philip Hartley resigned
    director
  24. 2012-05-16
    ➖
    SMYTH, Pamela June resigned
    secretary
  25. 2011-07-01
    ➖
    BORLAND, Donald William resigned
    director
  26. 2011-07-01
    ➕
    HAGGERTY, Euan James Edward appointed
    director
  27. 2011-05-20
    🔓
    Charge satisfied #2
  28. 2009-09-18
    ➖
    JACKSON, Julie Mansfield resigned
    director
  29. 2007-08-20
    ➕
    BORLAND, Donald William appointed
    director
  30. 2007-08-20
    ➖
    WOOD, Marlene resigned
    director
  31. 2006-10-01
    ➕
    GRANT, Pamela appointed
    director
  32. 2005-02-25
    ➕
    JACKSON, Julie Mansfield appointed
    director
  33. 2005-02-25
    ➖
    MILLOY, David Thomas resigned
    director
  34. 2005-02-25
    ➕
    SUTHERLAND, Andrew appointed
    director
  35. 2005-02-25
    ➕
    WOOD, Marlene appointed
    director
  36. 2004-09-08
    🔓
    Charge satisfied #1
  37. 2001-01-30
    ➕
    RITCHIE, Sheila Ewan appointed
    director
  38. 2000-12-04
    ➕
    SMYTH, Pamela June appointed
    secretary
  39. 2000-12-04
    ➖
    THE GRANT SMITH LAW PRACTICE resigned
    corporate-secretary
  40. 2000-12-04
    ➖
    CALLAN, Susan Jane King resigned
    director
  41. 2000-12-04
    ➖
    MASTERSON, Rhona resigned
    director
  42. 2000-12-04
    ➕
    MILLER, Philip Hartley appointed
    director
  43. 2000-12-04
    ➕
    MILLOY, David Thomas appointed
    director
  44. 1998-07-09
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  45. 1998-06-18
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  46. 1997-10-01
    ➕
    CALLAN, Martin John appointed
    director
  47. 1997-10-01
    ➕
    GRIGOR, Malcolm Stephen appointed
    director
  48. 1997-10-01
    ➕
    CALLAN, Susan Jane King appointed
    director
  49. 1997-10-01
    ➕
    MASTERSON, Rhona appointed
    director
  50. 1997-10-01
    ➖
    MCDOUGALL, Ian James resigned
    director
Showing most recent 50 of 55 events

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

90/100
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 72 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 30 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.)

Group structure

Cromdale Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Cromdale Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
CROMDALE (LANES) LTD
This company · SC166102

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Cromdale Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016
5 historic (ceased) PSCs
  • Mr Kenneth William Waittceased 24/09/2018· significant influence
  • Mrs Susan Jane King Callanceased 24/09/2018· significant influence
  • Mrs Rhona Anderson Macnabceased 24/09/2018· significant influence
  • Mr Martin John Callanceased 24/09/2018· significant influence
  • Miller Developments Holdings Limitedceased 24/09/2018· 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
Incorporated1996-06-06
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

Amicable House 252 Union Street
Aberdeen
AB10 1TN
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-31
Last: 2026-01-17

Officers (3 active · 15 resigned)

CALLAN, Martin John→
director · ~72y · appointed 1997-10-01
View their other companies + combined net worth →
Active
GRIGOR, Malcolm Stephen→
director · ~71y · appointed 1997-10-01
View their other companies + combined net worth →
Active
WAITT, Kenneth William→
director · ~65y · appointed 2019-04-02
View their other companies + combined net worth →
Active
SMYTH, Pamela June→
secretary · appointed 2000-12-04 · resigned 2012-05-16
Resigned
THE GRANT SMITH LAW PRACTICE→
corporate-secretary · appointed 1996-06-06 · resigned 2000-12-04
Resigned
BORLAND, Donald William→
director · ~60y · appointed 2007-08-20 · resigned 2011-07-01
Resigned
CALLAN, Susan Jane King→
director · ~70y · appointed 1997-10-01 · resigned 2000-12-04
Resigned
GRANT, Pamela→
director · ~58y · appointed 2006-10-01 · resigned 2015-06-30
Resigned
HAGGERTY, Euan James Edward→
director · ~49y · appointed 2011-07-01 · resigned 2017-06-30
Resigned
JACKSON, Julie Mansfield→
director · ~61y · appointed 2005-02-25 · resigned 2009-09-18
Resigned
MASTERSON, Rhona→
director · ~71y · appointed 1997-10-01 · resigned 2000-12-04
Resigned
MCDOUGALL, Ian James→
director · ~76y · appointed 1996-06-06 · resigned 1997-10-01
Resigned
MILLER, Philip Hartley→
director · ~70y · appointed 2000-12-04 · resigned 2015-05-31
Resigned
MILLOY, David Thomas→
director · ~61y · appointed 2000-12-04 · resigned 2005-02-25
Resigned
RITCHIE, Sheila Ewan→
director · ~69y · appointed 2001-01-30 · resigned 2019-03-28
Resigned
RITCHIE, Sheila Ewan→
director · ~69y · appointed 1996-06-06 · resigned 1997-10-01
Resigned
SUTHERLAND, Andrew→
director · ~65y · appointed 2005-02-25 · resigned 2018-09-24
Resigned
WOOD, Marlene→
director · ~64y · appointed 2005-02-25 · resigned 2007-08-20
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property09/07/199820/05/2011
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property18/06/199808/09/2004

Recent filings (157 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-02-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-02-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-02-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-08