CRAIGHALL DEVELOPMENTS LIMITED

🌳Matureactive
SC254609 · ltd · incorporated 2003-08-21
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
Investor take
Pursue
Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (93/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

7 live charges · 4 lenders · oldest 22.6y

35/100
too messy

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

  • · Oldest live charge is 22.6 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: high (82/100)

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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 5 with DOB)
81
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
87 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees00

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
  • • 2 officers
Counts from Companies House filing history.
Corporate timeline (45 events)Click to expand
  1. 2025-12-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-12-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-11-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-11-12
    ➖
    LAFFERTY, Stephen resigned
    director
  5. 2025-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2025-07-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2025-07-08
    🔓
    Charge satisfied #7
  8. 2024-09-17
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2023-09-26
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2023-05-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2023-05-23
    🔓
    Charge satisfied #5
  12. 2022-09-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2021-09-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2020-12-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2019-05-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2018-08-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2017-07-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  18. 2016-08-17
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2014-07-31
    ➖
    DIFOLCO, Alberto Anthony resigned
    secretary
  20. 2008-07-04
    🔓
    Charge satisfied #4
  21. 2008-07-04
    🔓
    Charge satisfied #3
  22. 2007-05-24
    🔒
    Charge registered #7
    Lender: Clydesdale Bank Public Limited Company
  23. 2007-04-05
    🔓
    Charge satisfied #1
  24. 2006-11-30
    🔒
    Charge registered #6
    Lender: Barclay Dougall (Holdings) Limited
  25. 2006-11-03
    🔒
    Charge registered #5
    Lender: Clydesdale Bank Public Limited Company
  26. 2006-09-01
    ➖
    DOUGALL, John Marshall resigned
    director
  27. 2006-09-01
    ➖
    SHANAHAN, Andrew resigned
    director
  28. 2006-08-01
    ➕
    DOUGALL, Thomas Barclay appointed
    director
  29. 2005-07-01
    ➕
    DIFOLCO, Alberto Anthony appointed
    secretary
  30. 2005-06-30
    ➖
    COCOZZA, Adriano resigned
    secretary
  31. 2004-04-07
    🔓
    Charge satisfied #2
  32. 2004-02-23
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  33. 2004-02-23
    🔒
    Charge registered #3
    Lender: Scottish Enterprise Glasgow
  34. 2004-02-23
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  35. 2003-10-09
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  36. 2003-09-22
    ➕
    FRIZE, Charles Michael appointed
    director
  37. 2003-09-22
    ➕
    COCOZZA, Adriano appointed
    secretary
  38. 2003-09-22
    ➖
    WJM SECRETARIES LIMITED resigned
    corporate-secretary
  39. 2003-09-22
    ➕
    LAFFERTY, Stephen appointed
    director
  40. 2003-09-22
    ➕
    SHANAHAN, Andrew appointed
    director
  41. 2003-09-22
    ➖
    WJM DIRECTORS LIMITED resigned
    corporate-director
  42. 2003-09-19
    ➕
    DOUGALL, John Marshall appointed
    director
  43. 2003-08-21
    🏢
    Company incorporated
    As CRAIGHALL DEVELOPMENTS LIMITED
  44. 2003-08-21
    ➕
    WJM SECRETARIES LIMITED appointed
    corporate-secretary
  45. 2003-08-21
    ➕
    WJM DIRECTORS LIMITED appointed
    corporate-director

Owner dependency

83/100
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 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

96/100
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.
  • 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 23 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Charles Michael Frize
Individual · British · DOB 12/1954 · age 72
25–50%
—25-50% shares06/04/2016
Mr Thomas Barclay Dougall
Individual · British · DOB 05/1967 · age 59
25–50%
—25-50% shares06/04/2016
Mrs Jan Clark
Individual · British · DOB 11/1970 · age 56
25–50%
—25-50% shares06/04/2016

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 →

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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
Incorporated2003-08-21
Jurisdictionscotland
Primary SIC41201 — Construction of commercial buildings

Registered office

Balmore House
1497 Balmore Road
Glasgow
Strathclyde
G23 5HD

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-15
Last: 2025-08-01

Officers (2 active · 7 resigned)

DOUGALL, Thomas Barclay→
director · ~59y · appointed 2006-08-01
View their other companies + combined net worth →
Active
FRIZE, Charles Michael→
director · ~72y · appointed 2003-09-22
View their other companies + combined net worth →
Active
COCOZZA, Adriano→
secretary · appointed 2003-09-22 · resigned 2005-06-30
Resigned
DIFOLCO, Alberto Anthony→
secretary · appointed 2005-07-01 · resigned 2014-07-31
Resigned
WJM SECRETARIES LIMITED→
corporate-secretary · appointed 2003-08-21 · resigned 2003-09-22
Resigned
DOUGALL, John Marshall→
director · ~83y · appointed 2003-09-19 · resigned 2006-09-01
Resigned
LAFFERTY, Stephen→
director · ~68y · appointed 2003-09-22 · resigned 2025-11-12
Resigned
SHANAHAN, Andrew→
director · ~78y · appointed 2003-09-22 · resigned 2006-09-01
Resigned
WJM DIRECTORS LIMITED→
corporate-director · appointed 2003-08-21 · resigned 2003-09-22
Resigned

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

Mortgages & charges

7
Total charges
1
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property24/05/200708/07/2025
outstanding
Barclay Dougall (Holdings)
Barclay Dougall (Holdings) Limited
Standard security1 property30/11/2006—
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property03/11/200623/05/2023
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security2 properties23/02/200404/07/2008
satisfied
Scottish Enterprise Glasgow
Standard security1 property23/02/200404/07/2008
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security2 properties23/02/200407/04/2004
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property09/10/200305/04/2007
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (87 total)

change-person-director-company-with-change-date
officers · CH01
2025-12-18
change-person-director-company-with-change-date
officers · CH01
2025-12-18
termination-director-company-with-name-termination-date
officers · TM01
2025-11-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-07
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-08
accounts-with-accounts-type-small
accounts · AA
2024-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-06
accounts-with-accounts-type-small
accounts · AA
2023-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-18
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-23
accounts-with-accounts-type-small
accounts · AA
2022-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-28
accounts-with-accounts-type-small
accounts · AA
2021-09-23