JUST GRAB LTD
💤Zombieactive
08878433 · ltd · incorporated 2014-02-06
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£315.3k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
ALSO REGISTERED FOR
- 39000SIC 39000
- 49410Freight transport by road
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · oldest 2.9y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.9 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £315,265
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£315k
↑ 22% YoY
Current Assets
£266k
↑ 102% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Total assets | £469.1k | £412.9k |
| Current assets | £266.5k | £132.0k |
| Net assets | £315.3k | £259.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-10-28📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-20📄mortgage-create-with-deedmortgage · MR01
- 2023-10-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-10-06🔒Charge registered #2Lender: National Westminster Bank PLC
- 2023-07-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-21🔒Charge registered #1Lender: National Westminster Bank PLC
- 2022-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-14📄resolutionresolution · RESOLUTIONS
- 2018-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-02-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-02-14📄change-person-director-company-with-change-dateofficers · CH01
- 2014-02-06🏢Company incorporatedAs JUST GRAB LTD
- 2014-02-06➕PITTS, Georgie James appointeddirector
Owner dependency
80/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
58/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 12 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Georgie James Pitts Individual · British · DOB 05/1984 · age 42 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/02/2017 |
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 · Energy & utilities · BA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BIG SOLAR ROOFS LTD→ 09992236 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| GREEN NATION THREE LTD→ 13174655 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| GROUNDED SOLAR LTD→ 08622369 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| HARLEY WASTE MANAGEMENT & RECOVERY LIMITED→ 08782081 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| HARP FARM RENEWABLES LIMITED→ 16029919 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HAZEL SOLAR LTD→ 14518591 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| IMPERATOR AGGREGATES & CONSTRUCTION LTD.→ 13442788 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| INTELEGEN LIMITED→ 14355954 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| JB OUTDOOR SERVICES LTD→ 14714793 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| JTA SERVICES SOUTHWEST LTD→ 15497684 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| JUNO 1 LIMITED→ 16424628 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| JW WASTE RECYCLING LIMITED→ 06842469 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
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
Incorporated2014-02-06
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110
Registered office
2 Portland Rd
Frome
BA11 4JA
England
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-23
Last: 2026-03-09
Officers (1 active · 0 resigned)
PITTS, Georgie James→
Activedirector · ~42y · appointed 2014-02-06
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 06/10/2023 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 21/07/2023 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (34 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-30
change-person-director-company-with-change-date
officers · CH01
2025-10-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-30
mortgage-create-with-deed
mortgage · MR01
2023-10-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-25