GRASSICK'S GARAGE LIMITED
🌳Matureactive
SC017678 · ltd · incorporated 1934-01-13
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
—
not disclosed
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Sale of new cars and light motor vehicles
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 45112SIC 45112
- 45200SIC 45200
- 45320Retail trade of motor vehicle parts and accessories
Investor take
PursueActive trading company with a 69-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
6 live charges · 5 lenders · oldest 55.4y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 55.4 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (60/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 4 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
18 officers (5 active, 18 linked, 12 with DOB)
83
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
147 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (54 events)Click to expand
- 2026-03-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-09-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-08-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-08-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-09-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-10-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-12-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-05-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-05-30🔓Charge satisfied #5
- 2019-09-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-10-03📄accounts-with-accounts-type-fullaccounts · AA
- 2017-10-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-10-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-10-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-10-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-09-01📄resolutionresolution · RESOLUTIONS
- 2017-08-23📄capital-return-purchase-own-sharescapital · SH03
- 2017-08-02🔒Charge registered #7Lender: Hsbc Bank PLC and and Its Successors and Transferees
- 2017-08-02🔓Charge satisfied #6
- 2017-08-01➕MOHAMMED, Nasser Abdul appointedsecretary
- 2017-08-01➕BROWN, Douglas John appointeddirector
- 2017-08-01➕DUNCAN, Keith Alex Kinnear appointeddirector
- 2017-08-01➕MOHAMMED, Nasser Abdul appointeddirector
- 2017-08-01➕ROBB, Kenneth appointeddirector
- 2017-08-01➖NAPIER, Alistair Graham resignedsecretary
- 2017-08-01➖GRASSICK, Colin Donald resigneddirector
- 2017-08-01➖GRASSICK, David Douglas resigneddirector
- 2017-04-13🔓Charge satisfied #1
- 2010-06-22➖GRASSICK, Mary Lilian resigneddirector
- 1996-01-01➕NAPIER, Alistair Graham appointedsecretary
- 1995-05-31➖ANDERSON, Robert resignedsecretary
- 1995-05-31➖ANDERSON, Robert resigneddirector
- 1995-05-20➕GRASSICK, Colin Donald appointeddirector
- 1994-08-02🔒Charge registered #6Lender: The Royal Bank of Scotland PLC
- 1994-06-02➖ARTHUR, Colin resigneddirector
- 1993-11-10➕ANDERSON, Robert appointeddirector
- 1993-11-10➕ARTHUR, Colin appointeddirector
- 1993-07-31➖DALGLEISH, James Dalrymple resigneddirector
- 1992-05-01➕ANDERSON, Robert appointedsecretary
- 1992-01-22➖PAXTON, Ian Maxwell resignedsecretary
- 1991-06-27➖GRAHAM, Kenneth Austin resigneddirector
- 1990-12-11➕DALGLEISH, James Dalrymple appointeddirector
- 1990-12-11➕GRASSICK, David Douglas appointeddirector
- 1990-10-25➖GRASSICK, Colin Donald resigneddirector
- 1990-08-24➖BYARS, Elizabeth Margaret resignedsecretary
- 1990-08-24➕PAXTON, Ian Maxwell appointedsecretary
- 1990-06-04🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 1990-02-20🔓Charge satisfied #2
- 1989-12-06➖BRADLEY, Patrick Joseph resignedsecretary
- 1989-09-12➕BYARS, Elizabeth Margaret appointedsecretary
Showing most recent 50 of 54 events
Owner dependency
55/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- secondaryStable-but-static management: Company is 92 years old and no new directors in the last 3 years — succession not yet being planned internally.
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
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Douglas John Brown Individual · British · DOB 01/1963 · age 63 | — | — | board controlboard control | 01/08/2017 |
3 historic (ceased) PSCs
- Mr Colin Donald Grassickceased 31/07/2017· 50-75% shares · 50-75% voting
- Mr David Douglas Grassickceased 31/07/2017· 25-50% shares · 25-50% voting
- Mrs Jane Hartree Riskceased 31/07/2017· significant influence
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 · Automotive · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CARPARTS BALTIC LTD→ SC739666 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| DENTCENTRAL GROUP LTD→ SC661020 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| DOUGLAS REID'S GARAGE LIMITED→ SC454533 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| E VEHICLES LTD→ SC794040 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| GEORGE CAR REPAIR LTD→ SC851828 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GRM BODYCRAFT DUNDEE LTD→ SC671618 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| HAMILTON VEHICLE SERVICES LIMITED→ SC840494 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| HAWES TRADING LTD→ SC599485 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| HMW AUTOCARE LTD→ SC817979 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HUNTERS OF LINLITHGOW LIMITED→ SC299675 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| IDEAL PERFORMANCE UK LTD→ SC865649 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| IFA LTD→ SC793634 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated1934-01-13
Jurisdictionscotland
Primary SIC45111 — Sale of new cars and light motor vehicles
Registered office
8 Westerton Road
East Mains Industrial Estate
Broxburn
EH52 5BH
Scotland
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-10-14
Last: 2025-09-30
Officers (5 active · 13 resigned)
MOHAMMED, Nasser Abdul→
Activesecretary · appointed 2017-08-01
View their other companies + combined net worth →
BROWN, Douglas John→
Activedirector · ~63y · appointed 2017-08-01
View their other companies + combined net worth →
DUNCAN, Keith Alex Kinnear→
Activedirector · ~61y · appointed 2017-08-01
View their other companies + combined net worth →
MOHAMMED, Nasser Abdul→
Activedirector · ~69y · appointed 2017-08-01
View their other companies + combined net worth →
ROBB, Kenneth→
Activedirector · ~57y · appointed 2017-08-01
View their other companies + combined net worth →
ANDERSON, Robert→
Resignedsecretary · appointed 1992-05-01 · resigned 1995-05-31
BRADLEY, Patrick Joseph→
Resignedsecretary · resigned 1989-12-06
BYARS, Elizabeth Margaret→
Resignedsecretary · appointed 1989-09-12 · resigned 1990-08-24
NAPIER, Alistair Graham→
Resignedsecretary · appointed 1996-01-01 · resigned 2017-08-01
PAXTON, Ian Maxwell→
Resignedsecretary · appointed 1990-08-24 · resigned 1992-01-22
ANDERSON, Robert→
Resigneddirector · ~71y · appointed 1993-11-10 · resigned 1995-05-31
ARTHUR, Colin→
Resigneddirector · ~82y · appointed 1993-11-10 · resigned 1994-06-02
DALGLEISH, James Dalrymple→
Resigneddirector · ~75y · appointed 1990-12-11 · resigned 1993-07-31
GRAHAM, Kenneth Austin→
Resigneddirector · ~98y · resigned 1991-06-27
GRASSICK, Colin Donald→
Resigneddirector · ~76y · appointed 1995-05-20 · resigned 2017-08-01
GRASSICK, Colin Donald→
Resigneddirector · ~76y · resigned 1990-10-25
GRASSICK, David Douglas→
Resigneddirector · ~69y · appointed 1990-12-11 · resigned 2017-08-01
GRASSICK, Mary Lilian→
Resigneddirector · ~98y · resigned 2010-06-22
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
2
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC and and Its Successors and Transferees | A registered charge | — | 02/08/2017 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 02/08/1994 | 02/08/2017 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 04/06/1990 | 30/05/2020 | |
| outstanding | B M W Finance (GB) B M W Finance (GB) LTD | Assignation in security | 1 property | 28/01/1988 | — | |
| satisfied | Lloyds Banking Group Lloyds and Scottish Trust Limited | Floating charge | 1 property | 15/09/1980 | 20/02/1990 | |
| satisfied | Shell and B P Scotland Shell and B P Scotland Limited | Disposition & minute of agreement | 1 property | 26/11/1970 | 13/04/2017 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (147 total)
accounts-with-accounts-type-dormant
accounts · AA
2026-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-13
accounts-with-accounts-type-dormant
accounts · AA
2025-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-07
accounts-with-accounts-type-dormant
accounts · AA
2024-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-12
accounts-with-accounts-type-dormant
accounts · AA
2023-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-03
accounts-with-accounts-type-dormant
accounts · AA
2022-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-18
accounts-with-accounts-type-dormant
accounts · AA
2021-10-06
accounts-with-accounts-type-dormant
accounts · AA
2020-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-30
mortgage-satisfy-charge-full
mortgage · MR04
2020-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-10