GRIEVE ASSOCIATES LTD

🌿Early-stageactive
SC759588 · ltd · incorporated 2023-02-20
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
£28.4k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 75/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
6 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £28,364

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£28k
↑ 135% YoY
Current Assets
£36k
↑ 100% YoY
Current Liabilities
£0£7k£14k£21k£29k£36kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-02-282024-02-28
Total assets£28.4k£12.1k
Current assets£35.7k£17.8k
Net assets£28.4k£12.1k

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (6 events)Click to expand
  1. 2025-10-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-02-20
    🏢
    Company incorporated
    As GRIEVE ASSOCIATES LTD
  4. 2023-02-20
    GRIEVE, Eric Ross appointed
    director
  5. 2023-02-20
    GRIEVE, Michael David appointed
    director
  6. 2023-02-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

96/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "GRIEVE" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

16/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — GRIEVE, Eric Ross (same surname) appointed 2023-02-20. Pattern consistent with intra-family handover.
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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
NameSharesVoting rightsNature of controlNotified
Mr Eric Ross Grieve
Individual · British · DOB 12/1986 · age 40
2550%
25–50%25-50% shares · 25-50% voting20/02/2023
Mr Michael David Grieve
Individual · British · DOB 07/1957 · age 69
2550%
25–50%25-50% shares · 25-50% voting20/02/2023

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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.

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Company details

Statusactive
Typeltd
Incorporated2023-02-20
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

Howabreck
Birsay
Orkney
KW17 2ND
United Kingdom

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-05
Last: 2026-02-19

Officers (2 active · 0 resigned)

GRIEVE, Eric Ross
director · ~40y · appointed 2023-02-20
View their other companies + combined net worth →
Active
GRIEVE, Michael David
director · ~69y · appointed 2023-02-20
View their other companies + combined net worth →
Active

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

Recent filings (6 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-01
incorporation-company
incorporation · NEWINC
2023-02-20