GRANURITE LIMITED
🌳Matureactive
09142498 · ltd · incorporated 2014-07-22
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 39000
Sector: Water supply & waste
Investor take
PursueActive trading company with a 62-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (65/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 11.5y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 11.5 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
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
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-07-31 | 2023-07-31 |
|---|---|---|
| Total assets | — | £200.5k |
| Current assets | — | £181.7k |
| Cash | — | £60.0k |
| Debtors | — | £56.2k |
| Net assets | — | £127.6k |
| Average employees | 2900 | — |
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 (28 events)Click to expand
- 2025-05-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-06-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-06-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-06-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-11-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-11-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-11-23🔓Charge satisfied #3
- 2020-11-23🔓Charge satisfied #2
- 2020-11-17🔒Charge registered #4Lender: Hitachi Capital (UK) PLC
- 2020-07-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-01-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-01-22🔓Charge satisfied #1
- 2019-01-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-01-17🔒Charge registered #3Lender: Ultimate Finance Limited
- 2018-04-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-09-04📄change-person-director-company-with-change-dateofficers · CH01
- 2017-04-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-23🔒Charge registered #2Lender: Outlook Finance Limited
- 2015-01-09🔒Charge registered #1Lender: Ashley Commercial Finance Limited
- 2014-12-23➕SMITH, Kevin Rivers appointeddirector
- 2014-12-23➖SMITH, Kevin resigneddirector
- 2014-07-22🏢Company incorporatedAs GRANURITE LIMITED
- 2014-07-22➕SMITH, Kevin appointedsecretary
- 2014-07-22➕WILSON, Andrew Paul appointeddirector
- 2014-07-22➕SMITH, Kevin appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial 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 62 — approaching natural succession window.
Succession & seller-readiness
51/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew Paul Wilson Individual · British · DOB 10/1964 · age 62 | 25–50% | — | 25-50% shares | 22/07/2016 |
Mr Kevin Rivers Smith Individual · British · DOB 12/1966 · age 60 | 25–50% | — | 25-50% shares | 22/07/2016 |
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 · Energy & utilities · WS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CHASE DRAINS 110 LIMITED→ 13270083 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CLEAR SITE WASTE AND CLEARANCE LTD→ 17013257 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| D&S WASTE MANAGEMENT LTD→ 16534943 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DJ & PA PENNILL (HOLDINGS) LTD→ 11724442 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ECO DEMOLITION & CONSERVATION LTD→ 07388988 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ECOBAT SOLUTIONS UK LIMITED→ 14388312 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| FAIRFIELDS FARM LTD→ 09542927 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| FROGHALL ENERGY LIMITED→ 15201160 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| GLKT MATERIALS RECOVERY SPECIALISTS LTD→ 16789490 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GOOD AS GONE LIMITED→ 16547513 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GREENER COMPOSTING LIMITED→ 08337768 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| GREENOVERSE CIC→ 16556493 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2014-07-22
Jurisdictionengland-wales
Primary SIC39000 — SIC 39000
Registered office
Unit 4 Power Station Road
Rugeley
Staffordshire
WS15 2HS
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-07-09
Last: 2025-06-25
Officers (3 active · 1 resigned)
Active
SMITH, Kevin Rivers→
Activedirector · ~60y · appointed 2014-12-23
View their other companies + combined net worth →
WILSON, Andrew Paul→
Activedirector · ~62y · appointed 2014-07-22
View their other companies + combined net worth →
SMITH, Kevin→
Resigneddirector · ~60y · appointed 2014-07-22 · resigned 2014-12-23
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Hitachi Capital (UK) Hitachi Capital (UK) PLC | A registered charge | 1 property | 17/11/2020 | — | |
| satisfied | Ultimate Finance Ultimate Finance Limited | A registered charge | 1 property | 17/01/2019 | 23/11/2020 | |
| satisfied | Outlook Finance Outlook Finance Limited | A registered charge | — | 23/11/2015 | 23/11/2020 | |
| satisfied | Ashley Commercial Finance Ashley Commercial Finance Limited | A registered charge | — | 09/01/2015 | 22/01/2019 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (33 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-06-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-06-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-11-25
mortgage-satisfy-charge-full
mortgage · MR04
2020-11-23
mortgage-satisfy-charge-full
mortgage · MR04
2020-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-06