ELRIG PROPERTY LIMITED

🌿Early-stageactive
SC786797 · ltd · incorporated 2023-10-23
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 Oct 2024
Net worth
£100
book net assets
Opportunity
71/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 71/100 (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 (58/100).

Data confidence

Overall: medium (71/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
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
4 connected companies via shared directors
57
Filing history
4 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒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
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £100

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£100
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-31
Total assets£100
Debtors£100
Net assets£100

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
0
filings
Counts from Companies House filing history.
Corporate timeline (5 events)Click to expand
  1. 2025-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2023-10-23
    🏢
    Company incorporated
    As ELRIG PROPERTY LIMITED
  3. 2023-10-23
    GERRISH, James Stewart appointed
    director
  4. 2023-10-23
    GERRISH, Linda appointed
    director
  5. 2023-10-23
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 2.5 years old — management layer unlikely to be developed.

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 James Stewart Gerrish
Individual · British · DOB 09/1971 · age 55
2550%
25–50%25-50% shares · 25-50% voting23/10/2023
Mrs Linda Gerrish
Individual · British · DOB 11/1974 · age 52
2550%
25–50%25-50% shares · 25-50% voting23/10/2023

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 · Property · DG postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CASTLE MILK NOMINEES LIMITED
SC212861 · est 2000 · no financials extracted
25y
CATHERINEFIELD PROPERTIES LTD
SC388898 · est 2010 · no financials extracted
15y
CLUDEN PROPERTIES LTD
SC663722 · est 2020 · no financials extracted
5y
CRAIGIEBROOK LTD
SC666112 · est 2020 · no financials extracted
5y
D MILLAR PROPERTIES LTD
SC735733 · est 2022 · no financials extracted
3y
DUMFRIES AND GALLOWAY HOMES LIMITED
SC304439 · est 2006 · no financials extracted
19y
DUMFRIES RENTALS LIMITED
SC710719 · est 2021 · no financials extracted
4y
ESTATE PROPERTY PARTNERS LTD
SC869686 · est 2025 · no financials extracted
EWM INVESTCO LIMITED
SC465467 · est 2013 · no financials extracted
12y
FLEET VALLEY PROPERTIES LTD
SC695657 · est 2021 · no financials extracted
5y
FLEETBANK HOUSE LTD
13867352 · est 2022 · no financials extracted
4y
FORESTWAY INVESTMENTS LIMITED
SC371183 · est 2010 · no financials extracted
16y
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
Incorporated2023-10-23
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Elrig Farm Elrig
Port William
Newton Stewart
Wigtonshire
DG8 9RB
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-05
Last: 2025-10-22

Officers (2 active · 0 resigned)

GERRISH, James Stewart
director · ~55y · appointed 2023-10-23
View their other companies + combined net worth →
Active
GERRISH, Linda
director · ~52y · appointed 2023-10-23
View their other companies + combined net worth →
Active

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

Recent filings (4 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-22
incorporation-company
incorporation · NEWINC
2023-10-23