G R CONTRACTS LTD.

🌳Matureactive

SC262465 · ltd · incorporated 2004-01-26

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

£1.38M

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Manufacture of metal structures and parts of structures

Sector: Manufacturing

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (60/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 22.0y

15/100

under pressure

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

· Oldest live charge is 22.0 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Cashflow trend is negative — lender view likely cautious.

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

Lenders & charges

5 charges (5/5 with lender, 5/5 with type)

Directors & officers

9 officers (5 active, 9 linked, 7 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

4 connected companies via shared directors

Filing history

85 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £1,384,858

Net assets shrinking

Down £547,460 YoY

Cash draining

Cash down 51% YoY

Cash YoY

-51%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£1.1m

↓ 51% YoY

Net Worth

£1.4m

↓ 28% YoY

Current Assets

£2.3m

↓ 48% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30
Total assets	£1.63M	£2.07M
Current assets	£2.33M	£4.53M
Cash	£1.05M	£2.14M
Debtors	£331.0k	£925.9k
Net assets	£1.38M	£1.93M

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 2 officers
• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (42 events)Click to expand

2026-03-19
📄
accounts-with-accounts-type-medium
accounts · AA
2026-02-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-02-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-01-27
➕
GREENOCK, James Cunningham appointed
director
2026-01-24
➖
GREENOCK, James Cunningham resigned
director
2025-03-28
📄
accounts-with-accounts-type-full
accounts · AA
2025-03-14
📄
change-person-director-company-with-change-date
officers · CH01
2024-10-24
📄
memorandum-articles
incorporation · MA
2024-10-24
📄
resolution
resolution · RESOLUTIONS
2024-10-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-10-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-10-11
➕
MACDONALD, James appointed
director
2024-10-11
➕
GREENOCK, James Cunningham appointed
director
2024-03-27
📄
accounts-with-accounts-type-full
accounts · AA
2023-05-10
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-10
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-10
🔓
Charge satisfied #4
2023-05-10
🔓
Charge satisfied #1
2023-03-29
📄
accounts-with-accounts-type-full
accounts · AA
2023-02-08
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-02-08
🔓
Charge satisfied #5
2022-03-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2015-02-26
🔓
Charge satisfied #2
2014-06-28
🔓
Charge satisfied #3
2008-12-24
🔒
Charge registered #5
Lender: West of Scotland Loan Fund Limited
2008-12-24
🔒
Charge registered #4
Lender: Royal Bank of Scotland PLC
2008-12-04
🔒
Charge registered #3
Lender: West of Scotland Loan Fund Limited
2004-10-14
🔒
Charge registered #2
Lender: UK Steel Enterprise Limited
2004-06-14
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2004-04-01
➕
MCCOLL, George Alexander appointed
secretary
2004-04-01
➕
MCCOLL, George Alexander appointed
director
2004-04-01
➕
SAVAGE, Robert appointed
director
2004-04-01
➖
CURLE, Elspeth resigned
secretary
2004-04-01
➖
CURLE, Elspeth resigned
director
2004-04-01
➖
POLLOCK, Gail resigned
director
2004-01-26
🏢
Company incorporated
As G R CONTRACTS LTD.
2004-01-26
➕
CURLE, Elspeth appointed
secretary
2004-01-26
➕
CURLE, Elspeth appointed
director
2004-01-26
➕
POLLOCK, Gail appointed
director

Owner dependency

58/100

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.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

60/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
primary20+ year tenure: Director in role 22 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 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

G R Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

G R Holdings Ltd

Corporate parent · holds 75-100% shares

ultimate parent

⬇

G R CONTRACTS LTD.

This company · SC262465

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
G R Holdings Ltd Corporate entity	75–100%	—	75-100% shares	06/04/2016

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 →

Similar companies

Active · Manufacturing · ML postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BSB STRUCTURAL LTD.→ SC277667 · est 2004	£13.76M £10.70M–£16.82M	£20.18M	—	7300	21y	85	65y
BROWN MCFARLANE LIMITED→ SC121113 · est 1989	£6.25M £4.87M–£7.64M	—	—	92	36y	87	60y
IMV TECHNOLOGIES UK LIMITED→ SC085981 · est 1983	£5.78M £4.49M–£7.06M	£16.44M	—	66	42y	83	59y
RAINBOW BLINDS AND FABRICS LIMITED→ SC191505 · est 1998	£1.52M £1.18M–£1.86M	£4.18M	—	5100	27y	88	64y
BRYSON TRACTORS LIMITED→ SC235088 · est 2002	£949.1k £738.2k–£1.16M	—	—	41	23y	87	62y
BROWN MCFARLANE PRECISION ENGINEERING LIMITED→ SC652564 · est 2020	£882.0k £686.0k–£1.08M	—	—	6	6y	83	60y
PARKBURN PRECISION HANDLING SYSTEMS LIMITED→ SC158127 · est 1995	£570.0k £443.3k–£696.7k	—	—	68	31y	85	69y
MV FRUEHAUF LTD→ SC708376 · est 2021	£150.9k £117.4k–£184.4k	—	—	149	4y	82	63y
CONSARC ENGINEERING LIMITED→ SC019918 · est 1937 · no financials extracted	—	—	—	—	88y	83	79y
CRANE MAINTAIN LTD→ SC317952 · est 2007	—	—	£852.7k	—	19y	83	59y
GLENISLA KILTS LIMITED→ SC217626 · est 2001	—	—	£63.7k	—	25y	83	74y
HUGH LOGAN PLANT & ENGINEERING SERVICES LIMITED→ SC060061 · est 1976 · no financials extracted	—	—	—	—	50y	83	59y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated2004-01-26

Jurisdictionscotland

Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

Units 2 & 3 13 Canyon Road

Netherton Industrial Estate

Wishaw

Lanarkshire

ML2 0EG

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2027-02-09

Last: 2026-01-26