CROSSING PROPERTIES LTD.

🌳Matureactive
SC170722 · ltd · incorporated 1996-12-18
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 28.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£83.5k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower. Family succession underway — not a classic acquisition target.

Opportunity 82/100 (exceptional), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 4 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

5 live charges · oldest 28.7y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 28.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (77/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
82 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
82/100Exceptional
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
80
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
Positive net assets
Net assets £83,478
Cash YoY
+836%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£945
↑ 836% YoY
Net Worth
£83k
↑ 1.8% YoY
Current Assets
£2k
↑ 210% YoY
Current Liabilities
—
£0£17k£33k£50k£67k£83kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-302023-12-30
Total assets£103.3k£104.0k
Current assets£1.7k£536
Cash£945£101
Debtors£714£435
Net assets£83.5k£82.0k

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
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2025-10-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2025-10-23
    🔓
    Charge satisfied #1
  3. 2025-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-01-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-01-13
    ➕
    CROSTHWAITE, Duncan Fraser appointed
    director
  6. 2024-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-04-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-02-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-01-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2022-09-30
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2022-05-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2021-11-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2021-11-10
    ➖
    WWW.FIRSTREGISTRARS.CO.UK LIMITED resigned
    corporate-secretary
  14. 2021-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2020-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-03-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2020-03-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2020-03-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2019-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2007-12-13
    🔒
    Charge registered #6
    Lender: The Royal Bank of Scotland PLC
  21. 2006-12-30
    ➖
    SINGER, Frederick Nicholas George resigned
    director
  22. 2004-12-01
    ➕
    WWW.FIRSTREGISTRARS.CO.UK LIMITED appointed
    corporate-secretary
  23. 2004-11-30
    ➖
    CROSSING REGISTRARS (SCOTLAND) LTD resigned
    corporate-secretary
  24. 2004-07-16
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
  25. 2003-11-27
    ➖
    AFM FREDERICK FRASER LIMITED resigned
    corporate-secretary
  26. 2003-11-27
    ➕
    CROSSING REGISTRARS (SCOTLAND) LTD appointed
    corporate-secretary
  27. 2002-11-05
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  28. 1997-10-23
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  29. 1997-09-02
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  30. 1996-12-18
    🏢
    Company incorporated
    As CROSSING PROPERTIES LTD.
  31. 1996-12-18
    ➕
    CROSTHWAITE, Robin Fraser appointed
    director
  32. 1996-12-18
    ➕
    AFM FREDERICK FRASER LIMITED appointed
    corporate-secretary
  33. 1996-12-18
    ➕
    SINGER, Frederick Nicholas George appointed
    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 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 78 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • primaryFamily succession underway: Not a takeover target — CROSTHWAITE, Duncan Fraser (same surname) appointed 2025-01-13. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 78 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 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Robin Fraser Crosthwaite
Individual · British · DOB 05/1948 · age 78
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016
Mrs Susan Mary Crothwaite
Individual · British · DOB 02/1952 · age 74
25–50%
—25-50% shares · firm interest07/03/2020

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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.

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
Incorporated1996-12-18
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Ailsa Cottage Cosses
Ballantrae
Girvan
Ayrshire
KA26 0LR
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-30
Confirmation statement
Next due: 2027-03-03
Last: 2026-02-17

Officers (2 active · 4 resigned)

CROSTHWAITE, Duncan Fraser→
director · ~46y · appointed 2025-01-13
View their other companies + combined net worth →
Active
CROSTHWAITE, Robin Fraser→
director · ~78y · appointed 1996-12-18
View their other companies + combined net worth →
Active
AFM FREDERICK FRASER LIMITED→
corporate-secretary · appointed 1996-12-18 · resigned 2003-11-27
Resigned
CROSSING REGISTRARS (SCOTLAND) LTD→
corporate-secretary · appointed 2003-11-27 · resigned 2004-11-30
Resigned
WWW.FIRSTREGISTRARS.CO.UK LIMITED→
corporate-secretary · appointed 2004-12-01 · resigned 2021-11-10
Resigned
SINGER, Frederick Nicholas George→
director · ~66y · appointed 1996-12-18 · resigned 2006-12-30
Resigned

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

Mortgages & charges

5
Total charges
4
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property13/12/2007—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property16/07/2004—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property05/11/2002—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/10/1997—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property02/09/199723/10/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (82 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-18
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-26
appoint-person-director-company-with-name-date
officers · AP01
2025-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-01-18
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-09-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-24
termination-secretary-company-with-name-termination-date
officers · TM02
2021-11-11