CRAIGHEAD BUILDING SUPPLIES LIMITED

🌳Matureactive
SC233352 · ltd · incorporated 2002-06-27
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
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 Oct 2024
Net worth
£639.8k
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: SIC 46130
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and acceptable with review structure.

Opportunity 83/100 (exceptional), bankability 67/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. 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 (65/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 23.8y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 23.8 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (69/100)

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
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 3 with DOB)
79
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
85 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
Positive net assets
Net assets £639,841

Key financials

1 year extracted from filed iXBRL accounts
Cash
£225k
Net Worth
£640k
Current Assets
£2.2m
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-31
Total assets£801.4k
Current assets£2.19M
Cash£225.5k
Debtors£1.35M
Net assets£639.8k

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
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-02-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-02-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-12-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-01-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-07-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-10-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2021-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-07-14
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  12. 2020-06-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2020-06-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2020-06-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2019-07-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-08-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2013-09-01
    ➕
    MCINALLY, Shirley appointed
    secretary
  18. 2013-03-25
    ➖
    HAMILTON, Robert resigned
    secretary
  19. 2013-03-25
    ➖
    HAMILTON, Robert resigned
    director
  20. 2009-05-13
    🔓
    Charge satisfied #1
  21. 2009-04-08
    🔒
    Charge registered #3
    Lender: Royal Bank of Scotland PLC
  22. 2004-07-30
    ➖
    HAMILTON, Fay resigned
    secretary
  23. 2004-07-30
    ➕
    HAMILTON, Robert appointed
    secretary
  24. 2004-05-28
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland Commercial Services Limited
  25. 2003-09-01
    ➕
    CODY, Ian appointed
    director
  26. 2003-09-01
    ➕
    HUTCHINSON, William George appointed
    director
  27. 2002-09-30
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  28. 2002-06-27
    🏢
    Company incorporated
    As CRAIGHEAD BUILDING SUPPLIES LIMITED
  29. 2002-06-27
    ➕
    HAMILTON, Fay appointed
    secretary
  30. 2002-06-27
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  31. 2002-06-27
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  32. 2002-06-27
    ➕
    HAMILTON, Robert appointed
    director

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

76/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr William George Hutchinson
Individual · British · DOB 06/1967 · age 59
25–50%
—25-50% shares06/04/2016
Mr Ian Cody
Individual · British · DOB 09/1973 · age 53
25–50%
—25-50% shares06/04/2016

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

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
Incorporated2002-06-27
Jurisdictionscotland
Primary SIC46130 — SIC 46130

Registered office

Unit 1, Block 9 Clydesmill Grove
Clydesmill Industrial Estate
Cambuslang
Glasgow
G32 8NL

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-02-11
Last: 2026-01-28

Officers (3 active · 4 resigned)

MCINALLY, Shirley→
secretary · appointed 2013-09-01
View their other companies + combined net worth →
Active
CODY, Ian→
director · ~53y · appointed 2003-09-01
View their other companies + combined net worth →
Active
HUTCHINSON, William George→
director · ~59y · appointed 2003-09-01
View their other companies + combined net worth →
Active
HAMILTON, Fay→
secretary · appointed 2002-06-27 · resigned 2004-07-30
Resigned
HAMILTON, Robert→
secretary · appointed 2004-07-30 · resigned 2013-03-25
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2002-06-27 · resigned 2002-06-27
Resigned
HAMILTON, Robert→
director · ~74y · appointed 2002-06-27 · resigned 2013-03-25
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Floating charge1 property08/04/2009—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland Commercial Services Limited
Floating charge1 property28/05/2004—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property30/09/200213/05/2009
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (85 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-12
change-person-director-company-with-change-date
officers · CH01
2025-02-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-12
change-person-director-company-with-change-date
officers · CH01
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-12
change-person-director-company-with-change-date
officers · CH01
2021-10-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-17