BROADCROFT LIMITED

💤Zombieactive
SC524106 · ltd · incorporated 2016-01-13
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£24.3k
book net assets
Opportunity
78/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 78/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
37 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
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £24,333
Net assets shrinking
Down £4,911 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£24k
↓ 17% YoY
Current Assets
£7k
~ YoY
Current Liabilities
—
£0£6k£12k£18k£23k£29kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£28.3k£33.2k
Current assets£7.5k£7.5k
Net assets£24.3k£29.2k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-08
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-02-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-12-31
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2023-11-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-04-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2022-04-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2022-02-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2022-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-01-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2021-05-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2021-05-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2021-04-30
    ➕
    WATSON, Paul Thomas appointed
    director
  15. 2021-04-30
    ➖
    MULHERN, Jason resigned
    director
  16. 2021-04-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2021-04-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2021-04-20
    ➕
    MULHERN, Jason appointed
    director
  19. 2021-04-20
    ➖
    SKIDMORE, Stephen resigned
    director
  20. 2020-06-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2020-06-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  22. 2020-06-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2020-02-01
    ➖
    REILLY, James resigned
    director
  24. 2020-02-01
    ➕
    SKIDMORE, Stephen appointed
    director
  25. 2016-01-13
    🏢
    Company incorporated
    As BROADCROFT LIMITED
  26. 2016-01-13
    ➕
    REILLY, James appointed
    director

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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • 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.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Paul Thomas Watson
Individual · British · DOB 04/1965 · age 61
75–100%
75–100%75-100% shares · 75-100% voting30/04/2021
2 historic (ceased) PSCs
  • Mr Stephen Skidmoreceased 30/04/2021· 75-100% shares
  • Mr James Reillyceased 01/02/2020· 75-100% shares

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
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CAFE ANDALUZ RESTAURANTS LIMITED→
SC390599 · est 2010
£8.71M
£6.53M–£10.88M
——29815y8767y
ENOTECA SCOTLAND LIMITED→
SC327283 · est 2007
£8.47M
£6.35M–£10.59M
——21318y8367y
AN CLACHAN CAFE LIMITED→
SC313545 · est 2006
——£45.0k—19y8359y
CRAIGENDMUIR LIMITED→
SC258280 · est 2003
——£1.34M—22y8360y
D'ARCY'S (GLASGOW) LIMITED→
SC264250 · est 2004 · no financials extracted
————22y8364y
DANNY'S SNACKS LIMITED→
SC338593 · est 2008 · no financials extracted
————18y8365y
DIXON ARMS (GLENROTHES) LIMITED→
SC325347 · est 2007 · no financials extracted
————18y8364y
JOHN MACLAREN AND SONS LIMITED→
SC291419 · est 2005
——£6.6k—20y8372y
KINGSRIDGE CLEDDANS ECONOMIC DEVELOPMENT GROUP→
SC133036 · est 1991 · no financials extracted
————34y8387y
LA LANTERNA GLASGOW LTD→
SC274833 · est 2004
———3221y8360y
LATHONES CARAVAN COMPANY LIMITED→
SC078119 · est 1982
———044y8368y
MATTHEW'S FOODS (SCOTLAND) LIMITED→
SC210734 · est 2000
——£1.81M—25y8359y
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
Incorporated2016-01-13
Jurisdictionscotland
Primary SIC56302 — Public houses and bars

Registered office

82 Berkeley Street
Glasgow
G3 7DS
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-07-14
Last: 2025-06-30

Officers (1 active · 3 resigned)

WATSON, Paul Thomas→
director · ~61y · appointed 2021-04-30
View their other companies + combined net worth →
Active
MULHERN, Jason→
director · ~53y · appointed 2021-04-20 · resigned 2021-04-30
Resigned
REILLY, James→
director · ~70y · appointed 2016-01-13 · resigned 2020-02-01
Resigned
SKIDMORE, Stephen→
director · ~67y · appointed 2020-02-01 · resigned 2021-04-20
Resigned

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

Recent filings (37 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-08
gazette-filings-brought-up-to-date
gazette · DISS40
2025-02-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-06
gazette-notice-compulsory
gazette · GAZ1
2024-12-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-04-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-04-07
gazette-filings-brought-up-to-date
gazette · DISS40
2022-02-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-31
gazette-notice-compulsory
gazette · GAZ1
2022-01-04