CRACKIN LIMITED

⚰️Wound downliquidation

SC419547 · ltd · incorporated 2012-03-15

Investment thesis

Company liquidation — not a live target.

Why interesting: Historical record only; useful for precedent research.

Why risky: Not transactable.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Feb 2021

Net worth

—

book net assets

Opportunity

30/100

Pass

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What this business does

Primary activity: Retail sale of clothing in specialised stores

Sector: Wholesale & retail

Investor take

Pass (distressed without resilience)

Distressed unclear — structural issues outweigh the discount.

Opportunity 30/100 (pass), bankability 20/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

Data confidence

Overall: high (80/100)

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

Confirmed no charges registered

Directors & officers

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

Ownership & PSC

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

Director network

5 connected companies via shared directors

Filing history

27 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

30/100Pass

PassWatchWorth a lookStrongExceptional

Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Some acquirability indicators.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2021-02-28	2020-02-29
Average employees	1400	1700

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

🔒Filing-note intelligence

2 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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2023-04-04
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-13
⚠️
liquidation-compulsory-notice-winding-up-order-court-scotland
insolvency · WU01(Scot)
2023-02-20
⚠️
liquidation-appointment-of-provisional-liquidator-court-scotland
insolvency · WU02(Scot)
2022-11-16
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-11-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-11-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-05-20
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-11-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-03-20
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-11-27
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-04-10
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-04-29
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-03-23
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-03-17
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2012-06-18
📍
change-registered-office-address-company-with-date-old-address
address · AD01
2012-03-15
🏢
Company incorporated
As CRACKIN LIMITED
2012-03-15
➕
MCLAUGHLIN, Richard James appointed
secretary
2012-03-15
➕
MCLAUGHLIN, Adam Alexander appointed
director
2012-03-15
➕
MCLAUGHLIN, Craig Patrick appointed
director
2012-03-15
➕
MCLAUGHLIN, Richard James appointed
director

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

38/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

secondary12+ year tenure: Director in role 14 years.

Red flags

4 high ·

Accounts overdue

high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2023-02-28

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2023-03-29

Company in liquidation

high

Company is actively being wound up. Not a going concern.

2 insolvency-related filings on record

high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2023-03-13: liquidation-compulsory-notice-winding-up-order-court-scotland; 2023-02-20: liquidation-appointment-of-provisional-liquidator-court-scotland

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Richard James Mclaughlin Individual · British · DOB 06/1974 · age 52	25–50%	—	25-50% shares	06/04/2016
Mr Craig Patrick Mclaughlin Individual · British · DOB 08/1976 · age 50	25–50%	—	25-50% shares	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.

See pricing →

Similar companies

Active · Retail · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
TOOLDEN LIMITED→ SC453454 · est 2013	£2.60M £1.95M–£3.25M	—	—	56	12y	85	63y
DUNCAN AND TODD LIMITED→ SC065757 · est 1978	£1.87M £1.40M–£2.33M	—	—	351	47y	83	49y
BRODIE COUNTRYFARE LIMITED→ SC146184 · est 1993	£909.2k £681.9k–£1.14M	—	—	121	32y	85	78y
GRAMPIAN POWERCLEAN EQUIPMENT LTD.→ SC240849 · est 2002	—	—	£30.5k	—	23y	83	82y
INTERNATIONAL DOORS AND WINDOWS LIMITED→ SC304831 · est 2006	—	—	—	16	19y	83	65y
KEMNAY PHARMACY LIMITED→ SC245230 · est 2003	—	—	£967.2k	—	23y	83	66y
PETERHEAD HEALTH CENTRE CONSORTIUM LIMITED→ SC060097 · est 1976	—	—	£62.9k	—	49y	83	62y
SOUND TECHNOLOGY AUDIO-VISUAL LIMITED→ SC258755 · est 2003	—	—	—	300	22y	83	79y
THE MAINS OF DRUM GARDEN CENTRE LIMITED→ SC311898 · est 2006	—	—	£465.3k	—	19y	83	71y
THE SANDWICH LARDER LIMITED→ SC327302 · est 2007	—	—	—	37	18y	83	62y
TURRIFF AGRI-PARTS LIMITED→ SC069419 · est 1979	—	—	£527.9k	—	46y	83	78y
A & J WATT LTD.→ SC248198 · est 2003	—	—	£175.1k	—	23y	82	67y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

11 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

Statusliquidation

Typeltd

Incorporated2012-03-15

Jurisdictionscotland

Primary SIC47710 — Retail sale of clothing in specialised stores

Registered office

7 Queens Gardens

Aberdeen

AB15 4YD

Filing status

Accounts

Next due: 2023-02-28OVERDUE

Last made up to: 2021-02-28

Confirmation statement

Next due: 2023-03-29OVERDUE

Last: 2022-03-15

Officers (4 active · 0 resigned)

MCLAUGHLIN, Richard James→

secretary · appointed 2012-03-15

View their other companies + combined net worth →

Active

MCLAUGHLIN, Adam Alexander→

director · ~46y · appointed 2012-03-15

View their other companies + combined net worth →

Active

MCLAUGHLIN, Craig Patrick→

director · ~50y · appointed 2012-03-15

View their other companies + combined net worth →

Active

MCLAUGHLIN, Richard James→

director · ~52y · appointed 2012-03-15

View their other companies + combined net worth →

Active

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

Recent filings (27 total)

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-04-04

liquidation-compulsory-notice-winding-up-order-court-scotland

insolvency · WU01(Scot)

2023-03-13

liquidation-appointment-of-provisional-liquidator-court-scotland

insolvency · WU02(Scot)

2023-02-20

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2022-11-16