CROFT PUBCO LIMITED

🌿Early-stageactive
SC803825 · ltd · incorporated 2024-03-20
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
53/100
Worth a look
🔔
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What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 53/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

1 live charge · oldest 0.5y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 0.5 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: low (52/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
18 connected companies via shared directors
90
Filing history
8 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
46
Multiple red flags — proceed with caution.
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 mortgage
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2025-11-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2025-11-11
    🔒
    Charge registered #1
    Lender: Caledonian Heritable Limited
  3. 2025-08-30
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2025-08-06
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  5. 2025-08-06
    📍
    change-sail-address-company-with-new-address
    address · AD02
  6. 2025-08-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2025-06-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2024-03-20
    🏢
    Company incorporated
    As CROFT PUBCO LIMITED
  9. 2024-03-20
    CLARK, Ryan John appointed
    director
  10. 2024-03-20
    EAGAR, Andrew Robert appointed
    director
  11. 2024-03-20
    📄
    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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Young company: Only 2.1 years old — management layer unlikely to be developed.

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

2 high · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-12-20

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-02

Multiple registered office changes
low

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

🔒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

10 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.

Available from the Pro tier upwards.

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Company details

Statusactive
Typeltd
Incorporated2024-03-20
Jurisdictionscotland
Primary SIC56302 — Public houses and bars

Registered office

Precision Accountants 1 Marischal Square
Broad Street
Aberdeen
AB10 1BL
United Kingdom

Filing status

Accounts
Next due: 2025-12-20OVERDUE
Last made up to:
Confirmation statement
Next due: 2026-04-02OVERDUE
Last: 2025-03-19

Officers (2 active · 0 resigned)

CLARK, Ryan John
director · ~44y · appointed 2024-03-20
View their other companies + combined net worth →
Active
EAGAR, Andrew Robert
director · ~55y · appointed 2024-03-20
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Caledonian Heritable
Caledonian Heritable Limited
A registered charge11/11/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (8 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-17
gazette-filings-brought-up-to-date
gazette · DISS40
2025-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-27
move-registers-to-sail-company-with-new-address
address · AD03
2025-08-06
change-sail-address-company-with-new-address
address · AD02
2025-08-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-05
gazette-notice-compulsory
gazette · GAZ1
2025-06-10
incorporation-company
incorporation · NEWINC
2024-03-20