CRERAN HOMES LTD

🌿Early-stageactive
SC791511 · ltd · incorporated 2023-12-05
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
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Turnover
year to Dec 2024
Net worth
£-6.0k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pass (distressed without resilience)
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 70/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (64/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
6 connected companies via shared directors
63
Filing history
5 filings
60
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
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
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
Negative net assets
Liabilities exceed assets by £5,980

Key financials

1 year extracted from filed iXBRL accounts
Cash
£13k
Net Worth
-£6k
Current Assets
£290k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-31
Total assets£-6.0k
Current assets£290.3k
Cash£12.8k
Debtors£8.4k
Net assets£-6.0k

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

🔒Filing-note intelligence

3 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 (8 events)Click to expand
  1. 2025-10-29
    📄
    capital-allotment-shares
    capital · SH01
  2. 2025-09-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-05
    🏢
    Company incorporated
    As CRERAN HOMES LTD
  4. 2023-12-05
    MCGOUGAN, Craig Neil appointed
    director
  5. 2023-12-05
    MCGOUGAN, Elizabeth Jane appointed
    director
  6. 2023-12-05
    NEWISS, Andrew Gordon appointed
    director
  7. 2023-12-05
    NEWISS, Moira Janet appointed
    director
  8. 2023-12-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

53/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 2.4 years old — management layer unlikely to be developed.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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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.

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🔒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.

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Company details

Statusactive
Typeltd
Incorporated2023-12-05
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings

Registered office

Broombank
North Connel
Oban
PA37 1RD
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-12
Last: 2025-10-29

Officers (4 active · 0 resigned)

MCGOUGAN, Craig Neil
director · ~44y · appointed 2023-12-05
View their other companies + combined net worth →
Active
MCGOUGAN, Elizabeth Jane
director · ~44y · appointed 2023-12-05
View their other companies + combined net worth →
Active
NEWISS, Andrew Gordon
director · ~57y · appointed 2023-12-05
View their other companies + combined net worth →
Active
NEWISS, Moira Janet
director · ~51y · appointed 2023-12-05
View their other companies + combined net worth →
Active

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

Recent filings (5 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-29
capital-allotment-shares
capital · SH01
2025-10-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-04
incorporation-company
incorporation · NEWINC
2023-12-05