JOHN G. GRAY (HOMES) LIMITED

💤Zombieactive
02152886 · ltd · incorporated 1987-08-05
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
£10.99M
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pursue
Asset-holding vehicle with a 73-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 32.7y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 32.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
95 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £10,986,155
Cash YoY
+1340%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£865k
↑ 1340% YoY
Net Worth
£11m
↑ 7.9% YoY
Current Assets
£1.9m
↑ 75% YoY
Current Liabilities
—
£0£2.2m£4.4m£6.6m£8.8m£11mAug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-31
Total assets£11.01M£10.22M
Current assets£1.90M£1.09M
Cash£865.1k£60.1k
Debtors£941.1k£941.1k
Net assets£10.99M£10.19M

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

🔒Filing-note intelligence

1 signal 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
1
filing
  • • 1 accounts
Last 90 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-03-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-04-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2019-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-05-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-05-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-05-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-03-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-05-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-03-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-03-02
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  16. 2015-01-01
    ➖
    CHESTER, Edward Henry Grove resigned
    secretary
  17. 1994-07-21
    🔓
    Charge satisfied #1
  18. 1993-09-21
    🔒
    Charge registered #1
    Lender: Barratt Newcastle Limited
  19. 1987-08-05
    🏢
    Company incorporated
    As JOHN G. GRAY (HOMES) LIMITED

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "GRAY" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 39 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr. John Gordon Gray
Individual · British · DOB 02/1953 · age 73
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

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

8 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
Incorporated1987-08-05
Jurisdictionengland-wales
Primary SIC41202 — Construction of domestic buildings

Registered office

J H Greenwood & Company
Ava Lodge Castle Terrace
Berwick Upon Tweed
Northumberland
TD15 1NP

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-03-14
Last: 2026-02-28

Officers (1 active · 1 resigned)

GRAY, John Gordon, Mr.→
director · ~73y
View their other companies + combined net worth →
Active
CHESTER, Edward Henry Grove→
secretary · resigned 2015-01-01
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Barratt Newcastle
Barratt Newcastle Limited
Legal charge1 property21/09/199321/07/1994

Recent filings (95 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-02
accounts-with-accounts-type-micro-entity
accounts · AA
2019-05-31