CROLLA DEVELOPMENTS LTD.
💤Zombieactive
SC272177 · ltd · incorporated 2004-08-19
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
£29.8k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Renting and operating of Housing Association real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
🏦
Refinance opportunity
2 live charges · oldest 21.4y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 21.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (76/100)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
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
60 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
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £29,816
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£30k
↑ 88% YoY
Current Assets
£1k
↓ 99% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £29.8k | £15.8k |
| Current assets | £1.1k | £77.1k |
| Net assets | £29.8k | £15.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (25 events)Click to expand
- 2025-05-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-06-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-05-24📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-24📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-05-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-22📄change-person-director-company-with-change-dateofficers · CH01
- 2019-07-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-02-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-02-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-07-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2004-11-24🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 2004-11-17🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 2004-08-19🏢Company incorporatedAs CROLLA DEVELOPMENTS LTD.
- 2004-08-19➕CROLLA, Giovanni appointedsecretary
- 2004-08-19➕CROLLA, Antonio appointeddirector
- 2004-08-19➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2004-08-19➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2004-08-19➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2004-08-19➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
100/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "CROLLA" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 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
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Antonio Crolla Individual · British · DOB 11/1980 · age 46 | 75–100% | — | 75-100% shares | 30/06/2016 |
1 historic (ceased) PSC
- Mr Antonio Crollaceased 02/06/2024· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FORSYTH LETTINGS LTD→ SC664449 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| FORTH RESIDENTIAL LTD→ SC456834 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| FORTH VALLEY HOMES LTD→ SC714524 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| FOUR A PROPERTIES LTD→ SC497793 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| FRABENTO PROPERTY LTD→ SC859158 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FRASER BRUCE PROPERTIES LTD.→ SC314500 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| FS DREAMS LTD→ SC684370 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| FWB NEWCO LTD→ SC555496 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| G.M. ENTERPRISES LIMITED→ SC107272 · est 1987 · no financials extracted | — | — | — | — | 38y | — | — |
| GAINBURN LIMITED→ SC323996 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| GALLACHER HOMES LTD→ SC535835 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| GEORGE RUSSELL ESTATES (SOUTRA) LIMITED→ SC488693 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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
Incorporated2004-08-19
Jurisdictionscotland
Primary SIC68201 — Renting and operating of Housing Association real estate
Registered office
12 St. Clement Avenue
Dunblane
Stirlingshire
FK15 9DG
Scotland
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-06-14
Last: 2025-05-31
Officers (2 active · 2 resigned)
Active
CROLLA, Antonio→
Activedirector · ~46y · appointed 2004-08-19
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2004-08-19 · resigned 2004-08-19
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2004-08-19 · resigned 2004-08-19
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 24/11/2004 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 17/11/2004 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (60 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-06-02
change-person-director-company-with-change-date
officers · CH01
2024-05-24
change-person-director-company-with-change-date
officers · CH01
2024-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-26
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-31