CROSSBASKET CASTLE LIMITED
🌳Matureactive
SC491450 · ltd · incorporated 2014-11-18
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2024
Net worth
£-1.24M
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 80/100 (exceptional), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 0.8y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 0.8 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (74/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £1,241,931
Key financials
1 year extracted from filed iXBRL accountsCash
£113k
Net Worth
-£1.2m
Current Assets
£320k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-01-30 |
|---|---|
| Total assets | £-1.24M |
| Current assets | £319.5k |
| Cash | £112.6k |
| Debtors | £173.5k |
| Net assets | £-1.24M |
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
1
filing
- • 1 accounts
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-02-03📄accounts-with-accounts-type-audited-abridgedaccounts · AA
- 2025-07-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-09🔒Charge registered #1Lender: Hsbc UK Bank PLC
- 2024-10-25📄accounts-with-accounts-type-audited-abridgedaccounts · AA
- 2024-05-10📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-02-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-02-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-02-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-02-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-02-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-13📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-13📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-13📄change-person-secretary-company-with-change-dateofficers · CH03
- 2023-09-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-02-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-01-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2014-11-18🏢Company incorporatedAs CROSSBASKET CASTLE LIMITED
- 2014-11-18➕TIMONEY, Steve appointedsecretary
- 2014-11-18➕REID-TIMONEY, Alison appointeddirector
- 2014-11-18➕TIMONEY, Stephen Paul appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
51/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
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.
- 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.)
Group structure
Star Inc Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Star Inc Ltd
Corporate parent · holds 75-100% shares · board control
⬇
CROSSBASKET CASTLE LIMITED
This company · SC491450
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Star Inc Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 31/01/2024 |
2 historic (ceased) PSCs
- Mrs Alison Reid-Timoneyceased 31/01/2024· 25-50% shares · 25-50% voting
- Mr Stephen Paul Timoneyceased 31/01/2024· 25-50% shares · 25-50% voting
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 · Hospitality · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CROSSDAL LTD→ SC467704 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| CUCINA RISTORANTE LIMITED→ SC443794 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| CURRY HUT ROBROYSTON LIMITED→ SC773255 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CX TRADERS LTD→ SC798883 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| DALGLIESH SERVICES LTD→ SC775555 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DALSASSO LTD→ SC837676 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| DALSHANNON CATERING LTD→ SC881884 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| DAMAROO LTD→ SC874577 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| DANDELION CAFE LTD→ SC478711 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| DARIOS PIZZAHUT LTD→ SC743535 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| DARUMAYA LTD→ SC855541 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DASHI CUISINE LTD→ SC515458 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2014-11-18
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation
Registered office
Playsport Stewartfield Way
East Kilbride
Glasgow
G74 4GT
Scotland
Filing status
Accounts
Next due: 2026-10-30
Last made up to: 2025-01-30
Confirmation statement
Next due: 2026-12-02
Last: 2025-11-18
Officers (3 active · 0 resigned)
Active
REID-TIMONEY, Alison→
Activedirector · ~55y · appointed 2014-11-18
View their other companies + combined net worth →
TIMONEY, Stephen Paul→
Activedirector · ~61y · appointed 2014-11-18
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | — | 09/07/2025 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (41 total)
accounts-with-accounts-type-audited-abridged
accounts · AA
2026-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-23
accounts-with-accounts-type-audited-abridged
accounts · AA
2024-10-25
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-05-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-02-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-02-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-13
change-person-director-company-with-change-date
officers · CH01
2023-11-13