BRAIDCREST LIMITED

🌳Matureactive
SC191787 · ltd · incorporated 1998-12-08
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 27.3y 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 Dec 2024
Net worth
£619.9k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 63-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 27.3y

65/100
clean up first

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

  • · Oldest live charge is 27.3 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: high (80/100)

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

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 4 with DOB)
79
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
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 · FRS 105 (micro)
Positive net assets
Net assets £619,945

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£620k
↑ 18% YoY
Current Assets
£634k
↑ 41% YoY
Current Liabilities
—
£0£127k£254k£381k£508k£634kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£708.1k£528.4k
Current assets£634.5k£450.6k
Net assets£619.9k£526.4k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2025-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-10-05
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2021-10-05
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2021-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-09-27
    📄
    capital-name-of-class-of-shares
    capital · SH08
  9. 2021-09-23
    📄
    capital-alter-shares-subdivision
    capital · SH02
  10. 2021-04-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2021-04-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2020-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-09-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-10-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-10-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2009-04-01
    ➕
    MERRICK, Margaret Ann appointed
    director
  17. 2007-01-02
    ➕
    MERRICK, Margaret Ann appointed
    secretary
  18. 2007-01-02
    ➖
    DODDS, James White resigned
    secretary
  19. 2007-01-02
    ➕
    MCSHANE, Margaret Ann appointed
    director
  20. 2007-01-02
    ➖
    MCSHANE, Margaret Ann resigned
    director
  21. 2001-11-29
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  22. 1999-05-10
    ➖
    MORRISON, Gary resigned
    director
  23. 1999-03-19
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  24. 1999-01-14
    ➕
    MERRICK, Paul appointed
    director
  25. 1999-01-14
    ➕
    DODDS, James White appointed
    secretary
  26. 1999-01-14
    ➕
    MERRICK, Paul appointed
    secretary
  27. 1999-01-14
    ➖
    MERRICK, Paul resigned
    secretary
  28. 1999-01-14
    ➖
    REID, Brian resigned
    nominee-secretary
  29. 1999-01-14
    ➖
    MABBOTT, Stephen resigned
    nominee-director
  30. 1999-01-14
    ➕
    MORRISON, Gary appointed
    director
  31. 1998-12-08
    🏢
    Company incorporated
    As BRAIDCREST LIMITED
  32. 1998-12-08
    ➕
    REID, Brian appointed
    nominee-secretary
  33. 1998-12-08
    ➕
    MABBOTT, Stephen appointed
    nominee-director

Owner dependency

84/100
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 27 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +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 63. 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 27 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Paul Merrick
Individual · British · DOB 05/1963 · age 63
75–100%
—75-100% shares08/12/2016

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

6 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
Incorporated1998-12-08
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

64 Strathclyde Street
Dalmarnock
Glasgow
G40 4JR

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-22
Last: 2025-12-08

Officers (3 active · 6 resigned)

MERRICK, Margaret Ann→
secretary · appointed 2007-01-02
View their other companies + combined net worth →
Active
MERRICK, Margaret Ann→
director · ~52y · appointed 2009-04-01
View their other companies + combined net worth →
Active
MERRICK, Paul→
director · ~63y · appointed 1999-01-14
View their other companies + combined net worth →
Active
DODDS, James White→
secretary · appointed 1999-01-14 · resigned 2007-01-02
Resigned
MERRICK, Paul→
secretary · appointed 1999-01-14 · resigned 1999-01-14
Resigned
REID, Brian→
nominee-secretary · appointed 1998-12-08 · resigned 1999-01-14
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1998-12-08 · resigned 1999-01-14
Resigned
MCSHANE, Margaret Ann→
director · appointed 2007-01-02 · resigned 2007-01-02
Resigned
MORRISON, Gary→
director · ~67y · appointed 1999-01-14 · resigned 1999-05-10
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property29/11/2001—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property19/03/1999—
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
2025-12-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-21
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-08
resolution
resolution · RESOLUTIONS
2021-10-05
resolution
resolution · RESOLUTIONS
2021-10-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-30
capital-name-of-class-of-shares
capital · SH08
2021-09-27
capital-alter-shares-subdivision
capital · SH02
2021-09-23
gazette-filings-brought-up-to-date
gazette · DISS40
2021-04-07