CUPAR GRANARY LIMITED

🌳Matureactive
SC139260 · ltd · incorporated 1992-07-09
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
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Active trading company with a 77-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 77). Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

6 live charges · 5 lenders · oldest 32.8y

35/100
too messy

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

  • · Oldest live charge is 32.8 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: high (84/100)

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
12 officers (4 active, 12 linked, 9 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
105 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
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees00

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2025-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-10-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-10-01
    ➕
    RUSSELL, Rachel Elizabeth Myles appointed
    director
  5. 2023-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-07-20
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2023-07-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  8. 2023-06-30
    ➖
    CCW SECRETARIES LIMITED resigned
    corporate-secretary
  9. 2023-01-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-03-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-09-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2021-01-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-08-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2019-08-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-07-25
    ➕
    MARTIN, Jennifer Elizabeth appointed
    director
  16. 2019-01-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2017-12-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2016-08-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2016-04-05
    ➖
    GRIEVE, Alexander Raeburn resigned
    director
  20. 2011-09-29
    ➕
    GRIEVE, Alexander Raeburn appointed
    director
  21. 2011-09-28
    ➕
    MCARTHUR, James Stuart appointed
    director
  22. 2011-09-28
    ➖
    GRIEVE, Alexander Raeburn resigned
    director
  23. 1999-02-04
    ➖
    HENNING, Richard Henry resigned
    director
  24. 1998-06-29
    ➕
    CCW SECRETARIES LIMITED appointed
    corporate-secretary
  25. 1998-06-29
    ➖
    PAGAN MACBETH resigned
    corporate-secretary
  26. 1994-07-14
    ➕
    CLARKE, John Bernard appointed
    director
  27. 1994-07-14
    ➕
    GRIEVE, Alexander Raeburn appointed
    director
  28. 1994-07-14
    ➖
    RIPPIN, Robin Anthony resigned
    director
  29. 1994-03-29
    ➕
    PAGAN MACBETH appointed
    corporate-secretary
  30. 1994-03-29
    ➖
    PAGAN OSBORNE GRACE & CALDERS resigned
    corporate-nominee-secretary
  31. 1993-12-13
    🔒
    Charge registered #7
    Lender: British Coal Enterprise Limited
  32. 1993-08-11
    🔒
    Charge registered #6
    Lender: Scottish Enterprise Fife Limited
  33. 1993-08-11
    🔒
    Charge registered #5
    Lender: The North East Fife District Council
  34. 1993-08-11
    🔒
    Charge registered #3
    Lender: The Fife Regional Council
  35. 1993-08-11
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  36. 1993-06-16
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  37. 1993-02-01
    ➖
    CLARKE, John Bernard resigned
    nominee-director
  38. 1993-02-01
    ➕
    HENNING, Richard Henry appointed
    director
  39. 1993-02-01
    ➕
    RIPPIN, Robin Anthony appointed
    director
  40. 1992-07-09
    🏢
    Company incorporated
    As CUPAR GRANARY LIMITED
  41. 1992-07-09
    ➕
    PAGAN OSBORNE GRACE & CALDERS appointed
    corporate-nominee-secretary
  42. 1992-07-09
    ➕
    CLARKE, John Bernard appointed
    nominee-director

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.

Succession & seller-readiness

80/100
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 77 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 low
6 live charges
low

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

Group structure

Employment Cultural And Community Trust Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Employment Cultural And Community Trust Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
CUPAR GRANARY LIMITED
This company · SC139260

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
Employment Cultural And Community Trust Limited
Corporate entity
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
Incorporated1992-07-09
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

F2.1 The Granary Business Centre
Cupar
Fife
KY15 5YQ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-23
Last: 2025-07-09

Officers (4 active · 8 resigned)

CLARKE, John Bernard→
director · ~71y · appointed 1994-07-14
View their other companies + combined net worth →
Active
MARTIN, Jennifer Elizabeth→
director · ~62y · appointed 2019-07-25
View their other companies + combined net worth →
Active
MCARTHUR, James Stuart→
director · ~77y · appointed 2011-09-28
View their other companies + combined net worth →
Active
RUSSELL, Rachel Elizabeth Myles→
director · ~37y · appointed 2024-10-01
View their other companies + combined net worth →
Active
CCW SECRETARIES LIMITED→
corporate-secretary · appointed 1998-06-29 · resigned 2023-06-30
Resigned
PAGAN MACBETH→
corporate-secretary · appointed 1994-03-29 · resigned 1998-06-29
Resigned
PAGAN OSBORNE GRACE & CALDERS→
corporate-nominee-secretary · appointed 1992-07-09 · resigned 1994-03-29
Resigned
CLARKE, John Bernard→
nominee-director · ~71y · appointed 1992-07-09 · resigned 1993-02-01
Resigned
GRIEVE, Alexander Raeburn→
director · ~94y · appointed 2011-09-29 · resigned 2016-04-05
Resigned
GRIEVE, Alexander Raeburn→
director · ~94y · appointed 1994-07-14 · resigned 2011-09-28
Resigned
HENNING, Richard Henry→
director · ~67y · appointed 1993-02-01 · resigned 1999-02-04
Resigned
RIPPIN, Robin Anthony→
director · ~88y · appointed 1993-02-01 · resigned 1994-07-14
Resigned

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

Mortgages & charges

6
Total charges
6
Outstanding
5
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
British Coal Enterprise
British Coal Enterprise Limited
Standard security1 property13/12/1993—
outstanding
Scottish Enterprise Fife
Scottish Enterprise Fife Limited
Standard security1 property11/08/1993—
outstanding
The North East Fife District Council
Standard security1 property11/08/1993—
outstanding
The Fife Regional Council
Standard security1 property11/08/1993—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property11/08/1993—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property16/06/1993—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (105 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-30
appoint-person-director-company-with-name-date
officers · AP01
2024-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-20
termination-secretary-company-with-name-termination-date
officers · TM02
2023-07-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-07-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-19
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-05