GRILLBURGER FROZEN FOODS LIMITED
🌳Matureactive
SC050570 · ltd · incorporated 1972-05-17
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Wholesale of meat and meat products
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 68-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
15 live charges · 7 lenders · oldest 48.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 48.1 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)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
15 charges (15/15 with lender, 15/15 with type)
90
Directors & officers
11 officers (2 active, 11 linked, 7 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
139 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 1800 | 1700 |
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
1
filing
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (62 events)Click to expand
- 2025-10-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-16🔒Charge registered #15Lender: Nucleus Cash Flow FINANCE2 Limited
- 2025-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-03📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-08-30📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-07-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-04-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-26🔒Charge registered #14Lender: The Royal Bank of Scotland PLC
- 2025-01-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-13🔒Charge registered #13Lender: Rbs Invoice Finance LTD
- 2024-11-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-11-20🔓Charge satisfied #12
- 2024-10-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-09🔓Charge satisfied #10
- 2024-10-09🔓Charge satisfied #9
- 2024-09-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-17🔒Charge registered #12Lender: Sme Platform UK Lending No.1 Dac
- 2021-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-12-17🔓Charge satisfied #11
- 2020-10-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-10-22🔒Charge registered #11Lender: The Royal Bank of Scotland PLC
- 2020-07-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-07-30🔓Charge satisfied #8
- 2019-09-23🔒Charge registered #10Lender: Barclays Security Trustee Limited
- 2019-09-16➕CLARK, Sean appointeddirector
- 2019-09-16➕MACLENNAN, Alistair appointeddirector
- 2019-09-16➖MACKINNON, Mary Ann resignedsecretary
- 2019-09-16➖MACKINNON, Iain resigneddirector
- 2019-09-16🔒Charge registered #9Lender: Barclays Security Trustee Limited (As Security Trustee)
- 2019-09-16🔒Charge registered #8Lender: Bibby Factors Scotland Limited
- 2019-04-09🔓Charge satisfied #6
- 2019-04-09🔓Charge satisfied #5
- 2019-03-30🔓Charge satisfied #4
- 2019-03-27🔓Charge satisfied #3
- 2019-03-27🔓Charge satisfied #2
- 2019-03-27🔓Charge satisfied #1
- 2019-03-11🔓Charge satisfied #7
- 2019-02-20🔒Charge registered #7Lender: Bibby Factors Scotland Limited
- 2010-04-02➖MACARTHUR, Peter resignedsecretary
- 2010-04-02➕MACKINNON, Mary Ann appointedsecretary
- 2000-09-01➕MACARTHUR, Peter appointedsecretary
- 2000-09-01➖MCKINNON, Iain resignedsecretary
- 2000-08-29➖SPENCE, John Cree resigneddirector
- 1993-05-17🔒Charge registered #6Lender: The Royal Bank of Scotland PLC
Showing most recent 50 of 62 events
Owner dependency
73/100
High — earn-out structure requiredMaterial 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.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 54 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Grillburger Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Grillburger Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
GRILLBURGER FROZEN FOODS LIMITED
This company · SC050570
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Grillburger Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 16/09/2019 |
2 historic (ceased) PSCs
- Mr Iain Mackinnonceased 16/09/2019· 25-50% shares · 25-50% voting
- Mrs Mary Mackinnonceased 16/09/2019· 25-50% shares · firm interest
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 →Similar companies
Active · Wholesale & distribution · HS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LEWIS & HARRIS AUCTION MART (2005) LIMITED→ SC290138 · est 2005 | — | — | £31.4k | — | 20y | 81 | 82y |
| GRILLBURGER HOLDINGS LIMITED→ SC621154 · est 2019 | — | — | — | 200 | 7y | 79 | 68y |
| HEBRIDEAN SPA LIMITED→ SC412015 · est 2011 | — | — | £752.2k | — | 14y | 79 | 69y |
| HEBRIDEAN TEA STORE LIMITED→ SC701268 · est 2021 | — | — | — | — | 4y | 76 | 63y |
| CW GOODS LIMITED→ SC674830 · est 2020 | — | — | £97.2k | — | 5y | 71 | 30y |
| DCNSTRCT LTD→ SC654188 · est 2020 | — | — | £6.2k | — | 6y | 71 | 55y |
| HEBRIDEAN SHELLFISH LIMITED→ SC798640 · est 2024 | — | — | £33.7k | — | 2y | 70 | 43y |
| JOLI VIN LTD→ SC586129 · est 2018 | — | — | £-34.1k | — | 8y | 61 | 73y |
| HEBRIDEAN BOOKS LTD→ SC462385 · est 2013 | — | — | £-3.5k | — | 12y | 59 | 56y |
| ARDHASAIG FILLING STATION LIMITED→ SC626123 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| GILLIVAL LIMITED→ SC481681 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ISLE OF ERISKAY SPIRITS COMPANY LTD→ SC837858 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated1972-05-17
Jurisdictionscotland
Primary SIC46320 — Wholesale of meat and meat products
Registered office
46 Inaclete Road
Stornoway
HS1 2RN
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-28
Last: 2025-09-14
Officers (2 active · 9 resigned)
Active
MACLENNAN, Alistair→
Activedirector · ~68y · appointed 2019-09-16
View their other companies + combined net worth →
MACARTHUR, Peter→
Resignedsecretary · appointed 2000-09-01 · resigned 2010-04-02
MACKINNON, Mary Ann→
Resignedsecretary · appointed 2010-04-02 · resigned 2019-09-16
MCKINNON, Iain→
Resignedsecretary · appointed 1989-07-19 · resigned 2000-09-01
PENDREIGH, Leslie Cockburn→
Resignedsecretary · resigned 1989-07-19
BRAKE, Francis Robert→
Resigneddirector · ~93y · resigned 1989-07-19
BRAKE, William Thomas→
Resigneddirector · ~94y · resigned 1989-07-19
CHAMPION, Malcolm John→
Resigneddirector · ~91y · resigned 1989-07-19
MACKINNON, Iain→
Resigneddirector · ~79y · appointed 1989-07-19 · resigned 2019-09-16
SPENCE, John Cree→
Resigneddirector · ~86y · resigned 2000-08-29
Click a director name to see their full track record across all companies.
Mortgages & charges
15
Total charges
3
Outstanding
3
Active lenders
Status:Lender:15 of 15 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Nucleus Cash Flow FINANCE2 Nucleus Cash Flow FINANCE2 Limited | A registered charge | — | 16/10/2025 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 26/03/2025 | — | |
| outstanding | NatWest Group Rbs Invoice Finance LTD | A registered charge | — | 13/01/2025 | — | |
| satisfied | Sme Platform UK Lending No.1 Dac | A registered charge | — | 17/06/2022 | 20/11/2024 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 22/10/2020 | 17/12/2020 | |
| satisfied | Barclays Barclays Security Trustee Limited | A registered charge | 1 property | 23/09/2019 | 09/10/2024 | |
| satisfied | Barclays Barclays Security Trustee Limited (As Security Trustee) | A registered charge | 1 property | 16/09/2019 | 09/10/2024 | |
| satisfied | Bibby Financial Services Bibby Factors Scotland Limited | A registered charge | — | 16/09/2019 | 30/07/2020 | |
| satisfied | Bibby Financial Services Bibby Factors Scotland Limited | A registered charge | — | 20/02/2019 | 11/03/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 17/05/1993 | 09/04/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 17/05/1993 | 09/04/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 07/03/1990 | 30/03/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 21/07/1987 | 27/03/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 24/05/1978 | 27/03/2019 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Grs ross & cromarty standard security | 1 property | 17/03/1978 | 27/03/2019 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (139 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-16
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-09-03
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-08-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-13
mortgage-satisfy-charge-full
mortgage · MR04
2024-11-20
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-09
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-25