CRUDEN HOMES (LONGNIDDRY SOUTH) LIMITED

🌿Early-stageactive
SC774953 · ltd · incorporated 2023-07-06
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
73/100
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 structurally messy structure.

Opportunity 73/100 (strong), bankability 52/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

7 live charges · 3 lenders · oldest 2.5y

0/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 2.5 years old — likely still in initial term.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (61/100)

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
No iXBRL financials extracted
0
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
22 connected companies via shared directors
90
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-01-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-10-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-10-01
    🔓
    Charge satisfied #7
  4. 2025-06-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2025-06-20
    🔓
    Charge satisfied #1
  6. 2024-11-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2024-06-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2024-06-08
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  9. 2024-06-05
    🔒
    Charge registered #7
    Lender: East Lothian Council
  10. 2024-05-04
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  11. 2024-05-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2024-05-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2024-05-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2024-04-30
    🔒
    Charge registered #6
    Lender: Bank of Scotland PLC
  15. 2024-04-30
    🔒
    Charge registered #5
    Lender: Bank of Scotland PLC
  16. 2024-04-30
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC
  17. 2024-04-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2024-04-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2024-04-25
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  20. 2024-04-25
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  21. 2023-10-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2023-10-18
    📄
    memorandum-articles
    incorporation · MA
  23. 2023-10-18
    📄
    resolution
    resolution · RESOLUTIONS
  24. 2023-10-18
    🔒
    Charge registered #1
    Lender: Trustees of the First Grandchildren's Fund
  25. 2023-07-07
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  26. 2023-07-06
    🏢
    Company incorporated
    As CRUDEN HOMES (LONGNIDDRY SOUTH) LIMITED
  27. 2023-07-06
    DIMOND, Paula appointed
    secretary
  28. 2023-07-06
    HAGGERTY, Euan James Edward appointed
    director
  29. 2023-07-06
    LYNES, Fraser appointed
    director
  30. 2023-07-06
    SIMPSON, Steven George appointed
    director
  31. 2023-07-06
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Young company: Only 2.8 years old — management layer unlikely to be developed.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.

Red flags

1 low
5 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Cruden Ventures Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Cruden Ventures Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
CRUDEN HOMES (LONGNIDDRY SOUTH) LIMITED
This company · SC774953

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
Cruden Ventures Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/07/2023

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

9 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
Incorporated2023-07-06
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

16 Walker Street
Edinburgh
EH3 7LP
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-19
Last: 2025-07-05

Officers (4 active · 0 resigned)

DIMOND, Paula
secretary · appointed 2023-07-06
View their other companies + combined net worth →
Active
HAGGERTY, Euan James Edward
director · ~49y · appointed 2023-07-06
View their other companies + combined net worth →
Active
LYNES, Fraser
director · ~42y · appointed 2023-07-06
View their other companies + combined net worth →
Active
SIMPSON, Steven George
director · ~59y · appointed 2023-07-06
View their other companies + combined net worth →
Active

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

Mortgages & charges

7
Total charges
5
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
satisfied
East Lothian Council
A registered charge1 property05/06/202401/10/2025
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property30/04/2024
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property30/04/2024
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property30/04/2024
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property25/04/2024
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property25/04/2024
satisfied
Trustees of the First Grandchildren's Fund
A registered charge2 properties18/10/202320/06/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (19 total)

accounts-with-accounts-type-full
accounts · AA
2026-01-07
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-07
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-20
accounts-with-accounts-type-full
accounts · AA
2024-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-14
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-06-08
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-05-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-27