CRANLOCH LIMITED

🌳Matureactive
SC237023 · ltd · incorporated 2002-09-19
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 23.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£10.4k
book net assets
Opportunity
83/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 68). 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 23.4y

65/100
clean up first

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

  • · Oldest live charge is 23.4 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 (79/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (5 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
71 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 · FRS 105 (micro)
Positive net assets
Net assets £10,387
Net assets shrinking
Down £263 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£10k
↓ 2.5% YoY
Current Assets
£19k
~ YoY
Current Liabilities
—
£0£4k£8k£11k£15k£19kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-09-302023-09-30
Total assets£10.4k£10.7k
Current assets£18.9k£18.9k
Net assets£10.4k£10.7k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-13
    📄
    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. 2021-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-09-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-06-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2016-09-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2015-09-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2015-09-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2014-09-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-06-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2013-09-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2003-03-21
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  17. 2002-11-22
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  18. 2002-10-28
    ➕
    HENDRY, James Michael appointed
    secretary
  19. 2002-10-28
    ➕
    HENDRY, Helen appointed
    director
  20. 2002-10-28
    ➕
    HENDRY, James Michael appointed
    director
  21. 2002-10-28
    ➕
    HENDRY, Mark John appointed
    director
  22. 2002-10-28
    ➕
    HENDRY, Martha Rose Audrey appointed
    director
  23. 2002-10-28
    ➖
    STRONACHS resigned
    corporate-nominee-secretary
  24. 2002-10-28
    ➖
    NEILSON, Ewan Craig resigned
    nominee-director
  25. 2002-09-19
    🏢
    Company incorporated
    As CRANLOCH LIMITED
  26. 2002-09-19
    ➕
    STRONACHS appointed
    corporate-nominee-secretary
  27. 2002-09-19
    ➕
    NEILSON, Ewan Craig appointed
    nominee-director

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100
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 68. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 24 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Mark John Hendry
Individual · British · DOB 06/1963 · age 63
25–50%
25–50%sig. influence25-50% shares · 25-50% voting · significant influence · firm interest06/04/2016

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 →

Similar companies

Active · Construction · IV postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BOILER AND VALVE ENGINEERING LIMITED→
SC524752 · est 2016 · no financials extracted
————10y——
CAMPBELL & SON ROOFING LTD→
SC636321 · est 2019 · no financials extracted
————6y——
CITY PAVING HIGHLANDS LIMITED→
SC501050 · est 2015 · no financials extracted
————11y——
CLARK DEVELOPMENT HIGHLAND LTD→
SC636370 · est 2019 · no financials extracted
————6y——
CROSS COUNTRY CONTRACTING LIMITED→
SC227354 · est 2002 · no financials extracted
————24y——
D & D PAVING LIMITED→
SC580065 · est 2017 · no financials extracted
————8y——
D E CAMPBELL LTD→
SC265822 · est 2004 · no financials extracted
————22y——
D&E LIFTING SOLUTIONS LTD→
SC864402 · est 2025 · no financials extracted
———————
DALS CONSULTANCY SERVICES LTD→
SC831384 · est 2024 · no financials extracted
————1y——
DANIEL MACDONALD JOINERY LTD→
SC799636 · est 2024 · no financials extracted
————2y——
DARA HIGHLAND PROPERTIES LTD→
SC704442 · est 2021 · no financials extracted
————4y——
DARMARK HOME CONSTRUCTION LTD→
SC741980 · est 2022 · no financials extracted
————3y——
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
Incorporated2002-09-19
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

4th Floor, Metropolitan House
31-33 High Street
Inverness
IV1 1HT

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-21
Last: 2025-09-07

Officers (5 active · 2 resigned)

HENDRY, James Michael→
secretary · appointed 2002-10-28
View their other companies + combined net worth →
Active
HENDRY, Helen→
director · ~63y · appointed 2002-10-28
View their other companies + combined net worth →
Active
HENDRY, James Michael→
director · ~68y · appointed 2002-10-28
View their other companies + combined net worth →
Active
HENDRY, Mark John→
director · ~63y · appointed 2002-10-28
View their other companies + combined net worth →
Active
HENDRY, Martha Rose Audrey→
director · ~65y · appointed 2002-10-28
View their other companies + combined net worth →
Active
STRONACHS→
corporate-nominee-secretary · appointed 2002-09-19 · resigned 2002-10-28
Resigned
NEILSON, Ewan Craig→
nominee-director · ~68y · appointed 2002-09-19 · resigned 2002-10-28
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 Royal Bank of Scotland PLC
Standard security1 property21/03/2003—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property22/11/2002—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (71 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-19
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-23
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-08
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-09-20