CROSS DEVELOPMENTS ABERFELDY LTD

🏛️Establishedactive
SC680381 · ltd · incorporated 2020-11-10
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 75/100. 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 (58/100).

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
51 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees111100

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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  3. 2025-07-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-07-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-07-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-06-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-06-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2025-03-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2025-03-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  10. 2025-03-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2025-03-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2024-12-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  13. 2024-12-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2024-12-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2024-10-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2024-05-20
    📄
    capital-allotment-shares
    capital · SH01
  17. 2024-03-27
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  18. 2024-01-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2024-01-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2024-01-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2024-01-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  22. 2024-01-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2023-06-27
    CROSS, Amanda Mary appointed
    director
  24. 2023-06-27
    CROSS, Kevin appointed
    director
  25. 2023-06-27
    WOOLNOUGH, Joanne Elizabeth resigned
    secretary
  26. 2023-06-27
    WOOLNOUGH, James Karl resigned
    director
  27. 2023-06-27
    WOOLNOUGH, Joanne Elizabeth resigned
    director
  28. 2020-11-10
    🏢
    Company incorporated
    As CROSS DEVELOPMENTS ABERFELDY LTD
  29. 2020-11-10
    WOOLNOUGH, Joanne Elizabeth appointed
    secretary
  30. 2020-11-10
    WOOLNOUGH, James Karl appointed
    director
  31. 2020-11-10
    WOOLNOUGH, Joanne Elizabeth appointed
    director

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "CROSS" — strong identity link between founder and business.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Cross Group Aberfeldy Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Cross Group Aberfeldy Ltd
Corporate parent · holds 75-100% shares
ultimate parent
CROSS DEVELOPMENTS ABERFELDY LTD
This company · SC680381

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%
NameSharesVoting rightsNature of controlNotified
Cross Group Aberfeldy Ltd
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting21/11/2024
3 historic (ceased) PSCs
  • Mr Kevin Crossceased 21/11/2024· 25-50% shares · 25-50% voting · board control
  • Mrs Amanda Mary Crossceased 21/11/2024· 50-75% shares · 50-75% voting · board control
  • Blairish Holdings Ltdceased 27/06/2023· 75-100% shares · 75-100% voting · board control

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 →

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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
Incorporated2020-11-10
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

12 Dunkeld Street
Aberfeldy
Perth And Kinross
PH15 2DA
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-23
Last: 2025-11-09

Officers (2 active · 3 resigned)

CROSS, Amanda Mary
director · ~55y · appointed 2023-06-27
View their other companies + combined net worth →
Active
CROSS, Kevin
director · ~57y · appointed 2023-06-27
View their other companies + combined net worth →
Active
WOOLNOUGH, Joanne Elizabeth
secretary · appointed 2020-11-10 · resigned 2023-06-27
Resigned
WOOLNOUGH, James Karl
director · ~62y · appointed 2020-11-10 · resigned 2023-06-27
Resigned
WOOLNOUGH, Joanne Elizabeth
director · ~61y · appointed 2020-11-10 · resigned 2023-06-27
Resigned

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

Recent filings (51 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-07-29
change-person-director-company-with-change-date
officers · CH01
2025-07-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-29
change-person-director-company-with-change-date
officers · CH01
2025-07-29
change-person-director-company-with-change-date
officers · CH01
2025-06-12
change-person-director-company-with-change-date
officers · CH01
2025-06-12
change-person-director-company-with-change-date
officers · CH01
2025-03-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-03-07
change-person-director-company-with-change-date
officers · CH01
2025-03-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-12-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-13