GRAMPIAN INVESTMENT TRUST, PLC

⚰️Wound downdissolved

SC009164 · plc · incorporated 1914-06-18

Investment thesis

Company dissolved — not a live target.

Why interesting: Historical record only; useful for precedent research.

Why risky: Not transactable.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

52/100

Worth a look

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What this business does

Primary activity: Activities of investment trusts

Sector: Financial & insurance

Investor take

Pass (distressed without resilience)

Distressed unclear — structural issues outweigh the discount.

Opportunity 52/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (63/100). Current lenders should be on monthly review.

Data confidence

Overall: low (48/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

Confirmed no charges registered

Directors & officers

14 officers (6 active, 14 linked, 9 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

1 connected companies via shared directors

Filing history

124 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

52/100Worth a look

PassWatchWorth a lookStrongExceptional

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (43 events)Click to expand

2014-04-08
⚠️
gazette-dissolved-liquidation
gazette · GAZ2
2014-04-08
🏁
Company dissolved
2014-01-08
⚠️
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2012-08-09
📄
resolution
resolution · RESOLUTIONS
2012-08-09
📍
change-registered-office-address-company-with-date-old-address
address · AD01
2012-08-08
📄
memorandum-articles
incorporation · MA
2012-08-08
📄
resolution
resolution · RESOLUTIONS
2012-07-26
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-07-26
📍
change-sail-address-company
address · AD02
2012-07-26
📍
move-registers-to-sail-company
address · AD03
2012-05-08
📄
memorandum-articles
incorporation · MA
2012-05-08
📄
resolution
resolution · RESOLUTIONS
2012-04-27
📄
change-account-reference-date-company-current-extended
accounts · AA01
2012-04-20
📄
notice-carry-on-business-as-investment-company
other · IC01
2012-03-28
📍
change-registered-office-address-company-with-date-old-address
address · AD01
2012-03-27
➕
PERSONAL ASSETS TRUST ADMINISTRATION COMPANY LIMITED appointed
corporate-secretary
2012-03-27
📄
accounts-balance-sheet
accounts · BS
2012-03-27
📄
re-registration-memorandum-articles
incorporation · MAR
2012-03-27
📄
auditors-statement
auditors · AUDS
2012-03-27
📄
auditors-report
auditors · AUDR
2012-03-27
📄
resolution
resolution · RESOLUTIONS
2012-03-27
✏️
certificate-re-registration-private-to-public-limited-company
change-of-name · CERT5
2012-03-27
✏️
reregistration-private-to-public-company-appoint-secretary
change-of-name · RR01
2011-07-26
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-07-11
📄
accounts-with-accounts-type-full
accounts · AA
2010-08-20
📄
capital-cancellation-shares
capital · SH06
2010-08-20
📄
capital-return-purchase-own-shares
capital · SH03
2009-12-31
➖
WETHERELL, David Robert resigned
secretary
2008-10-01
➕
FERGUSON, James Murray Alexander appointed
director
2008-10-01
➕
SCARLETT, William David Campbell appointed
director
2008-07-01
➕
WETHERELL, David Robert appointed
secretary
2008-07-01
➖
TILNEY MANAGEMENT LIMITED resigned
corporate-secretary
2003-11-01
➖
EDINBURGH FUND MANAGERS PLC resigned
corporate-secretary
2003-11-01
➕
TILNEY MANAGEMENT LIMITED appointed
corporate-secretary
2003-07-19
➖
CHERRY, Muir Hunter resigned
director
1997-07-01
➖
DUNEDIN FUND MANAGERS LIMITED resigned
corporate-secretary
1997-07-01
➕
EDINBURGH FUND MANAGERS PLC appointed
corporate-secretary
1995-12-05
➖
SCARLETT, William Murray Campbell resigned
director
1995-04-01
➕
LAWSON, Charles Frederick Yeaman appointed
director
1993-07-06
➕
CHERRY, Muir Hunter appointed
director
1993-07-06
➖
WATSON, Ella resigned
director
1992-07-07
➖
MILLER, Peter John Raeburn resigned
director
1914-06-18
🏢
Company incorporated
As GRAMPIAN INVESTMENT TRUST, PLC

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 92 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 92 years old. Natural succession window is now.
primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 112 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 high ·

Company dissolved

high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2014-04-08

2 insolvency-related filings on record

high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2014-04-08: gazette-dissolved-liquidation; 2014-01-08: liquidation-voluntary-return-of-final-meeting-scotland

🔒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 · Financial services · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
AMATI GLOBAL INVESTORS LIMITED→ SC199908 · est 1999	£8.90M £6.47M–£11.33M	—	—	2800	26y	84	66y
CS MANAGERS LTD→ SC231678 · est 2002	£1.50M £1.09M–£1.91M	—	—	1200	24y	86	77y
GBCP VII (GENERAL PARTNER) LIMITED→ SC253395 · est 2003 · no financials extracted	—	—	—	—	22y	83	62y
NOBLE GROSSART LIMITED→ SC046265 · est 1969 · no financials extracted	—	—	—	—	57y	83	72y
PAYPLAN (SCOTLAND) LIMITED→ SC400113 · est 2011 · no financials extracted	—	—	—	—	15y	83	61y
PREMIER COMMERCIAL LIMITED→ SC160330 · est 1995	—	—	£282.5k	—	30y	83	61y
RIA CAPITAL MARKETS LIMITED→ SC226461 · est 2001 · no financials extracted	—	—	—	—	24y	83	58y
SCOTIA WEALTH MANAGEMENT LTD.→ SC267795 · est 2004	—	—	—	1300	22y	83	58y
ALAN STEEL (ASSET MANAGEMENT) LIMITED→ SC058014 · est 1975	—	—	—	44	51y	82	62y
ALEX HAMMOND-CHAMBERS & COMPANY→ SC126819 · est 1990 · no financials extracted	—	—	—	—	35y	82	84y
BANDRON LIMITED→ SC082385 · est 1983	—	—	—	400	43y	82	71y
FAMILY & BUSINESS ASSURANCE (SERVICES) LIMITED→ SC347357 · est 2008	—	—	£50.9k	—	17y	82	67y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

10 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.

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🔒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

Statusdissolved

Typeplc

Incorporated1914-06-18

Jurisdictionscotland

Primary SIC64301 — Activities of investment trusts

Registered office

10 George Street

Edinburgh

EH2 2DZ

Filing status

Accounts

Next due: —

Last made up to: 2011-03-31

Confirmation statement

Next due: —

Last: —