KIRKMYRES SAND & GRAVEL LIMITED
💤Zombieactive
SC080809 · ltd · incorporated 1982-11-11
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 Sept 2024
Net worth
£8.32M
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 08120
Sector: Mining & quarrying
Investor take
PursueAsset-holding vehicle with a 85-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 85). 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 (73/100).
Data confidence
Overall: medium (76/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
97 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £8,315,980
Cash YoY
-0%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£748k
~ YoY
Net Worth
£8.3m
↑ 9.2% YoY
Current Assets
£1.2m
↓ 1.4% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £8.87M | £7.95M |
| Current assets | £1.20M | £1.22M |
| Cash | £748.1k | £750.0k |
| Debtors | £395.8k | £412.3k |
| Net assets | £8.32M | £7.62M |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-09-03📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-09-02📄gazette-notice-compulsorygazette · GAZ1
- 2025-08-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-07📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-02-07📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-01-25➕HALKET, Alice Ann appointedsecretary
- 2022-01-25➖GRAY & GRAY resignedcorporate-secretary
- 2021-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-04-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-11➖HALKET, Douglas resigneddirector
- 2019-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-06-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 1997-04-09➖BROWN & MCRAE resignedcorporate-secretary
- 1997-04-09➖GRAY & GRAY resignedcorporate-secretary
- 1997-01-08➕GRAY & GRAY appointedcorporate-secretary
- 1982-11-11🏢Company incorporatedAs KIRKMYRES SAND & GRAVEL LIMITED
Owner dependency
90/100
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.
- +Founder age: Director aged approximately 85 — succession pressure is live.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 85 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 43 years old and no new directors in the last 3 years — succession not yet being planned internally.
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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Raymond Mitchell Forsyth Individual · United Kingdom · DOB 06/1941 · age 85 | 25–50% | 25–50% | 25-50% shares · 25-50% voting · firm interest | 06/04/2016 |
1 historic (ceased) PSC
- Mr Douglas Halketceased 11/02/2020· 25-50% shares · 25-50% voting · firm interest
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| K C EMSLIE LIMITED→ SC738585 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| K.G.B RIGGING & LIFTING SOLUTIONS LIMITED→ SC742400 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| KILRYMONT GEOSCIENCE LIMITED→ SC278627 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| KIRKTON ENTERPRISES LTD→ SC727866 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| KMAC OILFIELD SOLUTIONS LIMITED→ SC222276 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| KRAKEN SUBSEA LIMITED→ SC625056 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| KYLE ROSE SERVICES LIMITED→ SC855662 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| LAIRD FABRICATION LTD→ SC871571 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| LEITCH PROJECT CONTROL SERVICES LIMITED→ SC442042 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| LIFETIME AFLOAT LTD→ SC838884 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LJF CUSTOM COATINGS LIMITED→ SC751474 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| LJF POWDER COATING LIMITED→ SC199146 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1982-11-11
Jurisdictionscotland
Primary SIC08120 — SIC 08120
Registered office
Berrymill, Muir Road
Memsie
Fraserburgh
AB43 7AR
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31
Officers (2 active · 4 resigned)
Active
Active
BROWN & MCRAE→
Resignedcorporate-secretary · resigned 1997-04-09
GRAY & GRAY→
Resignedcorporate-secretary · appointed 1997-01-08 · resigned 1997-04-09
GRAY & GRAY→
Resignedcorporate-secretary · resigned 2022-01-25
HALKET, Douglas→
Resigneddirector · ~93y · resigned 2020-02-11
Click a director name to see their full track record across all companies.
Recent filings (97 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-26
gazette-filings-brought-up-to-date
gazette · DISS40
2025-09-03
gazette-notice-compulsory
gazette · GAZ1
2025-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-29
appoint-person-secretary-company-with-name-date
officers · AP03
2022-02-07
termination-secretary-company-with-name-termination-date
officers · TM02
2022-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-13