TORNAGRAIN SERVICES LIMITED

🌳Matureactive
SC508053 · ltd · incorporated 2015-06-10
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 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
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (82/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
22 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
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
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£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-03-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-03-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-03-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-06-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  8. 2019-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-03-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-02-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2016-06-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-06-10
    🏢
    Company incorporated
    As TORNAGRAIN SERVICES LIMITED
  14. 2015-06-10
    GILLESPIE MACANDREW SECRETARIES LIMITED appointed
    corporate-secretary
  15. 2015-06-10
    HOWARD, Andrew William appointed
    director
  16. 2015-06-10
    STUART, John Douglas, Earl Of Moray appointed
    director
  17. 2015-06-10
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

51/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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.)

Group structure

Moray Estates Developments Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Moray Estates Developments Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
TORNAGRAIN SERVICES LIMITED
This company · SC508053

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
Moray Estates Developments Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

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
Incorporated2015-06-10
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

5 Atholl Crescent
Edinburgh
EH3 8EJ
United Kingdom

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-24
Last: 2025-06-10

Officers (3 active · 0 resigned)

GILLESPIE MACANDREW SECRETARIES LIMITED
corporate-secretary · appointed 2015-06-10
View their other companies + combined net worth →
Active
HOWARD, Andrew William
director · ~55y · appointed 2015-06-10
View their other companies + combined net worth →
Active
STUART, John Douglas, Earl Of Moray
director · ~60y · appointed 2015-06-10
View their other companies + combined net worth →
Active

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

Recent filings (22 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-24
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-12
confirmation-statement-with-updates
confirmation-statement · CS01
2020-06-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2020-06-11
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-24