GRAY & ADAMS HOLDINGS LIMITED

🌳Matureactive

SC369620 · ltd · incorporated 2009-12-03

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to May 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 29202

Sector: Manufacturing

Investor take

Pursue

Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (81/100)

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

Confirmed no charges registered

Directors & officers

13 officers (5 active, 13 linked, 8 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

9 connected companies via shared directors

Filing history

57 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	2025-05-02	2024-04-26
Average employees	0	0

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

🔒Filing-note intelligence

3 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

filings

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (37 events)Click to expand

2025-12-26
📄
accounts-with-accounts-type-group
accounts · AA
2024-12-26
📄
accounts-with-accounts-type-group
accounts · AA
2023-12-28
📄
accounts-with-accounts-type-group
accounts · AA
2023-10-19
📄
change-person-director-company-with-change-date
officers · CH01
2023-01-09
📄
accounts-with-accounts-type-group
accounts · AA
2022-10-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-10-14
➕
SUTHERLAND, Andrew appointed
director
2022-06-14
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2022-06-14
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2022-05-31
➕
SUTHERLAND, Andrew appointed
secretary
2022-05-14
➖
SMITH, John resigned
secretary
2022-05-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-05-09
➖
GRANT, Mark Alexander resigned
director
2021-12-29
📄
accounts-with-accounts-type-group
accounts · AA
2020-12-18
📄
accounts-with-accounts-type-group
accounts · AA
2019-12-31
📄
accounts-with-accounts-type-group
accounts · AA
2019-04-26
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-12-20
📄
accounts-with-accounts-type-group
accounts · AA
2018-01-04
📄
accounts-with-accounts-type-group
accounts · AA
2015-04-01
➖
B GRAY, Lewis resigned
director
2013-08-12
➕
GRANT, Mark Alexander appointed
director
2013-04-30
➖
MITCHELL, Paul Watt resigned
secretary
2013-04-30
➕
SMITH, John appointed
secretary
2013-04-30
➖
MITCHELL, Paul Watt resigned
director
2011-11-16
➕
MITCHELL, Paul Watt appointed
secretary
2011-11-16
➖
SMITH, Derek resigned
secretary
2011-11-16
➕
MITCHELL, Paul Watt appointed
director
2010-03-15
➕
SMITH, Derek appointed
secretary
2010-03-03
➖
SF SECRETARIES LTD resigned
corporate-secretary
2009-12-07
➖
GRAY JUNIOR, Lewis resigned
director
2009-12-03
🏢
Company incorporated
As GRAY & ADAMS HOLDINGS LIMITED
2009-12-03
➕
GRAY, Peter appointed
director
2009-12-03
➕
GRAY JUNIOR, James Joshua appointed
director
2009-12-03
➕
PHILPOT, Marie Frances appointed
director
2009-12-03
➕
SF SECRETARIES LTD appointed
corporate-secretary
2009-12-03
➕
B GRAY, Lewis appointed
director
2009-12-03
➕
GRAY JUNIOR, Lewis appointed
director

Owner dependency

80/100

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

-4 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "GRAY" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

83/100

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 71 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 16 years.
secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Peter Gray Individual · Scottish · DOB 05/1958 · age 68	25–50%	—	25-50% shares	06/04/2016
Mr James Joshua Gray Individual · British · DOB 07/1955 · age 71	25–50%	—	25-50% 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 · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
DRILL ACCOUNTING LIMITED→ SC463170 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
DRUMBURN ENERGY LIMITED→ SC512535 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
E MCINTOSH CONSTRUCTION LIMITED→ SC812817 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
E.A.D PRECISION SERVICES LTD→ SC740909 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
ENGINEERINGPALS LTD→ SC839381 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ENI IN AMENAS LIMITED→ SC135813 · est 1991 · no financials extracted	—	—	—	—	34y	—	—
EOS EUROPE LTD→ SC556455 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
EOS TECHNIX LIMITED→ SC605556 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
ESR WATERFRONT (GROUP) LTD→ SC834328 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
EUREKA DRILLING SERVICES LIMITED→ SC188786 · est 1998 · no financials extracted	—	—	—	—	27y	—	—
EUROPEAN MANAGEMENT & MARINE CORPORATION LIMITED→ SC163635 · est 1996 · no financials extracted	—	—	—	—	30y	—	—
EUROPEAN OILFIELD SPECIALITY CHEMICALS ASSOCIATION→ SC174139 · est 1997 · no financials extracted	—	—	—	—	29y	—	—

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

🔒Tailored diligence questions

7 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

Incorporated2009-12-03

Jurisdictionscotland

Primary SIC29202 — SIC 29202

Registered office

South Road

Fraserburgh

Aberdeenshire

AB43 9HU

Scotland

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-05-02

Confirmation statement

Next due: 2026-12-17

Last: 2025-12-03

Officers (5 active · 8 resigned)

SUTHERLAND, Andrew→

secretary · appointed 2022-05-31

View their other companies + combined net worth →

Active

GRAY, Peter→

director · ~68y · appointed 2009-12-03

View their other companies + combined net worth →

Active

GRAY JUNIOR, James Joshua→

director · ~71y · appointed 2009-12-03

View their other companies + combined net worth →

Active

PHILPOT, Marie Frances→

director · ~57y · appointed 2009-12-03

View their other companies + combined net worth →

Active

SUTHERLAND, Andrew→

director · ~40y · appointed 2022-10-14

View their other companies + combined net worth →

Active

MITCHELL, Paul Watt→

secretary · appointed 2011-11-16 · resigned 2013-04-30

Resigned

SMITH, Derek→

secretary · appointed 2010-03-15 · resigned 2011-11-16

Resigned

SMITH, John→

secretary · appointed 2013-04-30 · resigned 2022-05-14

Resigned

SF SECRETARIES LTD→

corporate-secretary · appointed 2009-12-03 · resigned 2010-03-03

Resigned

B GRAY, Lewis→

director · ~81y · appointed 2009-12-03 · resigned 2015-04-01

Resigned

GRANT, Mark Alexander→

director · ~58y · appointed 2013-08-12 · resigned 2022-05-09

Resigned

GRAY JUNIOR, Lewis→

director · ~58y · appointed 2009-12-03 · resigned 2009-12-07

Resigned

MITCHELL, Paul Watt→

director · ~57y · appointed 2011-11-16 · resigned 2013-04-30

Resigned

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

Recent filings (57 total)

accounts-with-accounts-type-group

accounts · AA

2025-12-26

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-12-03

accounts-with-accounts-type-group

accounts · AA

2024-12-26

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-12-11

accounts-with-accounts-type-group

accounts · AA

2023-12-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-12-15

change-person-director-company-with-change-date

officers · CH01

2023-10-19

accounts-with-accounts-type-group

accounts · AA

2023-01-09

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-12-15

appoint-person-director-company-with-name-date

officers · AP01

2022-10-24

termination-secretary-company-with-name-termination-date

officers · TM02

2022-06-14

appoint-person-secretary-company-with-name-date

officers · AP03

2022-06-14

termination-director-company-with-name-termination-date

officers · TM01

2022-05-10

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-01-10

accounts-with-accounts-type-group

accounts · AA

2021-12-29