CROMDALE MANAGEMENT LTD

🌳Matureactive

SC368438 · ltd · incorporated 2009-11-12

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.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

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Turnover

—

year to Mar 2025

Net worth

£313.4k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Other business support service activities n.e.c.

Sector: Administrative & support services

Investor take

Pursue

Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -96% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 15.5y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 15.5 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Cashflow trend is negative — lender view likely cautious.

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

4 officers (3 active, 4 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

13 connected companies via shared directors

Filing history

39 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £313,396

Net assets shrinking

Down £18,395 YoY

Cash draining

Cash down 96% YoY

Cash YoY

-96%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£312

↓ 96% YoY

Net Worth

£313k

↓ 5.5% YoY

Current Assets

£327k

↓ 3.1% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£313.4k	£331.8k
Current assets	£326.8k	£337.4k
Cash	£312	£8.8k
Debtors	£326.5k	£328.6k
Net assets	£313.4k	£331.8k

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

filings

Last 90 days

filings

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2025-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-03
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-29
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accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-12-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-10-20
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accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-03
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-08-17
📄
change-account-reference-date-company-current-extended
accounts · AA01
2015-04-24
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-11-21
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-06-16
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accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-08-24
➕
WAITT, Kenneth William appointed
director
2011-08-01
➕
GRANT SMITH LAW PRACTICE LIMITED appointed
corporate-secretary
2011-07-31
➖
GRANT SMITH LAW PRACTICE resigned
corporate-secretary
2010-11-10
🔒
Charge registered #1
Lender: Aldermore Bank PLC
2009-11-12
🏢
Company incorporated
As CROMDALE MANAGEMENT LTD
2009-11-12
➕
CALLAN, Martin John appointed
director
2009-11-12
➕
GRANT SMITH LAW PRACTICE appointed
corporate-secretary

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 16 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

89/100

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.
secondary12+ year tenure: Director in role 16 years.
secondaryStable-but-static management: Company is 16 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

Name	Shares	Voting rights	Nature of control	Notified
Mr Kenneth William Waitt Individual · British · DOB 06/1961 · age 65	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mr Martin John Callan Individual · British · DOB 01/1954 · age 72	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

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.

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Similar companies

Active · Trade services · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
G & J JACK (TRANSPORT) LIMITED→ SC480424 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
G A R & D LTD→ SC372242 · est 2010 · no financials extracted	—	—	—	—	16y	—	—
G H C LEITH (PROPERTIES) LIMITED→ SC062662 · est 1977 · no financials extracted	—	—	—	—	48y	—	—
G JOHNSTON SERVICES LIMITED→ SC527173 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
GARY MCNAMARA ENGINEERING SERVICES LTD.→ SC390007 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
GB ESTIMATING SOLUTIONS LTD→ SC434407 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
GEBS CONSULTING LIMITED→ SC666471 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
GEESERV UK LTD→ SC393729 · est 2011 · no financials extracted	—	—	—	—	15y	—	—
GEMININE LIMITED→ SC529950 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
GENEROUS HEARTS CIC→ SC782131 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
GEOMATICS GLOBAL SOLUTIONS LIMITED→ SC548139 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
GEORGE DUNCAN AGRI SOLUTIONS LIMITED→ SC232458 · est 2002 · no financials extracted	—	—	—	—	23y	—	—

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.

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🔒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.

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Company details

Statusactive

Typeltd

Incorporated2009-11-12

Jurisdictionscotland

Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Amicable House

252 Union Street

Aberdeen

Aberdeenshire

AB10 1TN

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-11-26

Last: 2025-11-12

Officers (3 active · 1 resigned)

GRANT SMITH LAW PRACTICE LIMITED→

corporate-secretary · appointed 2011-08-01

View their other companies + combined net worth →

Active

CALLAN, Martin John→

director · ~72y · appointed 2009-11-12

View their other companies + combined net worth →

Active

WAITT, Kenneth William→

director · ~65y · appointed 2011-08-24

View their other companies + combined net worth →

Active

GRANT SMITH LAW PRACTICE→

corporate-secretary · appointed 2009-11-12 · resigned 2011-07-31

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Aldermore Aldermore Bank PLC	Standard security	1 property	10/11/2010	—

Click column headers to sort. Use filters above to narrow by status and lender.