REDCROFT CARE HOMES LTD
🌳Matureactive
SC392773 · ltd · incorporated 2011-02-02
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 14.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£2.00M
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Residential care activities for the elderly and disabled
Sector: Human health & social work
Investor take
PursueActive trading company with a 61-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 70/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
7 live charges · oldest 14.5y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 14.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £1,995,879
Cash YoY
+27%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£727k
↑ 27% YoY
Net Worth
£2.0m
↑ 7.9% YoY
Current Assets
£729k
↑ 28% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £2.46M | £2.35M |
| Current assets | £728.9k | £570.7k |
| Cash | £727.1k | £570.7k |
| Debtors | £1.8k | — |
| Net assets | £2.00M | £1.85M |
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
6
filings
- • 2 officers
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2026-01-22📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-18📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-01-05📄change-person-director-company-with-change-dateofficers · CH01
- 2022-08-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-08-25🔒Charge registered #7Lender: The Royal Bank of Scotland PLC
- 2022-05-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-11-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-11-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-11-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-06-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-05-18🔒Charge registered #6Lender: The Royal Bank of Scotland PLC
- 2018-09-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-24📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2018-09-24📄accounts-amended-with-accounts-type-total-exemption-smallaccounts · AAMD
- 2015-04-16🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2015-04-16🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2014-10-20🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2014-09-03🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2011-11-09🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2011-02-02🏢Company incorporatedAs REDCROFT CARE HOMES LTD
- 2011-02-02➕CHARLES, Joanne appointeddirector
- 2011-02-02➕MAWJEE, Rajen appointeddirector
Owner dependency
81/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 15 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 low7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Rajen Mawjee Individual · Mauritian · DOB 04/1965 · age 61 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control · firm interest | 02/02/2017 |
Joanne Charles Individual · British · DOB 07/1968 · age 58 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control · firm interest | 02/02/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Healthcare & medical · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| SMART COOKIES KIDS ACTIVITY CLUBS LIMITED→ SC487875 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| SMILE PROVIDING ACTIVITIES FOR THE ELDERLY CIC→ SC634639 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| SPOTLIGHT SUPPORT C.I.C.→ SC556434 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| STEPPING STONES OCCUPATIONAL THERAPY LTD→ SC444452 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| STIRLING AND STIRLING LTD→ SC834283 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| STRESS, ANXIETY & DEPRESSION CLINICAL SUPPORT LTD→ SC741874 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| SWIFT HEALTHCARE LTD→ SC868750 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TADHG THE SADMAN LIMITED→ SC796421 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| TDI CARE OPERATIONS LTD→ SC859885 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| THE EDINBURGH SQUINT CLINIC LIMITED→ SC858153 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| THE HAINING CARE HOME LIMITED→ SC833479 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| THE HAPPY ATHLETE LTD→ SC827625 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2011-02-02
Jurisdictionscotland
Primary SIC87300 — Residential care activities for the elderly and disabled
Registered office
267 Redford Road
Edinburgh
EH13 9NQ
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-05
Last: 2026-01-22
Officers (2 active · 0 resigned)
CHARLES, Joanne→
Activedirector · ~58y · appointed 2011-02-02
View their other companies + combined net worth →
MAWJEE, Rajen→
Activedirector · ~61y · appointed 2011-02-02
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
7
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 25/08/2022 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 18/05/2019 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 16/04/2015 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 16/04/2015 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 20/10/2014 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 03/09/2014 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 09/11/2011 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (45 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-22
change-person-director-company-with-change-date
officers · CH01
2026-01-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-18
change-person-director-company-with-change-date
officers · CH01
2025-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-30
change-person-director-company-with-change-date
officers · CH01
2023-01-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-08-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-08