CROSSANS BUTCHERS LIMITED
Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
1 live charge · oldest 10.5y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 10.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Average employees | 300 | 300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Corporate timeline (20 events)Click to expand
- 2025-04-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-10🔓Charge satisfied #1
- 2024-02-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-04-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-03-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-01-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-11-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2015-11-12🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2015-02-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-01-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-07-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-01-22🏢Company incorporatedAs CROSSANS BUTCHERS LIMITED
- 2013-01-22➕CROSSAN, John appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "CROSSAN" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 13 years.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-02-05
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Crossan Individual · British · DOB 10/1965 · age 61 | 75–100% | — | 75-100% shares | 22/01/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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8 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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 12/11/2015 | 10/01/2025 |