EASTCROFT ADVISORY LIMITED

🏛️Establishedactive
SC698459 · ltd · incorporated 2021-05-12
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 Oct 2024
Net worth
£-2.2k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -100% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (83/100)

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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £2,192
Net assets shrinking
Down £59,545 YoY
Cash draining
Cash down 100% YoY
Cash YoY
-100%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
↓ 100% YoY
Net Worth
-£2k
↓ 104% YoY
Current Assets
Current Liabilities
-£2k£106k£214k£322k£430k£538kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Cash£2.3k£537.9k
Net assets£-2.2k£57.4k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-07-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-01-28
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2024-06-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-05-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-01-17
    FINDLAY, Simon James resigned
    director
  7. 2023-05-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2023-05-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2023-05-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2023-02-08
    GRIER, Mark appointed
    director
  11. 2023-02-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2022-12-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2022-08-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2022-04-14
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  15. 2021-05-12
    🏢
    Company incorporated
    As EASTCROFT ADVISORY LIMITED
  16. 2021-05-12
    GRIER, James Gary appointed
    director
  17. 2021-05-12
    FINDLAY, Simon James appointed
    director
  18. 2021-05-12
    📄
    incorporation-company
    incorporation · NEWINC

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 age: Director aged approximately 67 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-01-28: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Mark Grier
Individual · British · DOB 05/1965 · age 61
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/03/2023
2 historic (ceased) PSCs
  • Simon James Findlayceased 01/03/2023· 25-50% shares · 25-50% voting · board control
  • Mr James Gary Grierceased 01/03/2023· 25-50% shares · 25-50% 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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11y
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
Incorporated2021-05-12
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

25 Woodhall Road
Wishaw
ML2 8PY
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-05-25
Last: 2025-05-11

Officers (2 active · 1 resigned)

GRIER, James Gary
director · ~67y · appointed 2021-05-12
View their other companies + combined net worth →
Active
GRIER, Mark
director · ~61y · appointed 2023-02-08
View their other companies + combined net worth →
Active
FINDLAY, Simon James
director · ~52y · appointed 2021-05-12 · resigned 2024-01-17
Resigned

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

Recent filings (17 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-23
certificate-change-of-name-company
change-of-name · CERTNM
2025-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-27
termination-director-company-with-name-termination-date
officers · TM01
2024-05-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-05-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-05-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-05-11
appoint-person-director-company-with-name-date
officers · AP01
2023-02-08
accounts-with-accounts-type-dormant
accounts · AA
2022-12-12
accounts-with-accounts-type-dormant
accounts · AA
2022-08-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-18