GRAMPIAN GOLF & LEISURE ASSOCIATES LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (83/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 34.9y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 34.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (59/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Recent activity
- • 2 accounts
- • 2 other
- • 2 accounts
- • 2 other
Corporate timeline (49 events)Click to expand
- 2026-02-04📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2026-02-04📄legacyaccounts · PARENT_ACC
- 2026-02-04📄legacyother · GUARANTEE2
- 2026-02-04📄legacyother · AGREEMENT2
- 2025-02-04📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-02-04📄legacyaccounts · PARENT_ACC
- 2025-02-04📄legacyother · GUARANTEE2
- 2025-02-04📄legacyother · AGREEMENT2
- 2024-07-15📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2024-07-15📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-13📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-02-09📄legacyaccounts · PARENT_ACC
- 2024-02-09📄legacyother · AGREEMENT2
- 2024-02-09📄legacyother · GUARANTEE2
- 2024-02-02📄legacyaccounts · PARENT_ACC
- 2024-02-02📄legacyother · AGREEMENT2
- 2023-01-30📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-01-30📄legacyaccounts · PARENT_ACC
- 2023-01-30📄legacyother · AGREEMENT2
- 2023-01-30📄legacyother · GUARANTEE2
- 2022-02-02📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2018-02-13➖PAYTON, Graham resigneddirector
- 2013-05-17🔓Charge satisfied #2
- 2013-03-14🔒Charge registered #3Lender: Bank of Scotland PLC
- 2011-02-25🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2010-05-01➕PAYTON, Graham appointeddirector
- 2007-01-01➕GIRVAN, Paul Raymond appointeddirector
- 2006-09-18➖LINTS, Henry John resigneddirector
- 2006-04-01➕LEDINGHAM CHALMERS LLP appointedcorporate-secretary
- 2006-04-01➖LEDINGHAM CHALMERS LLP resignedcorporate-secretary
- 1999-12-07➖DAVIDSON, Bruce Alexander resigneddirector
- 1996-01-26➕CRAIG, James Douglas appointeddirector
- 1996-01-26➖DAVIDSON, Laura Anne resignedsecretary
- 1996-01-26➕LEDINGHAM CHALMERS LLP appointedcorporate-secretary
- 1996-01-26➖CLARK (JNR), Francis resigneddirector
- 1996-01-26➕LINTS, Henry John appointeddirector
- 1996-01-26➖LITTLE, Hugh Wilson Mcintosh resigneddirector
- 1996-01-26➖STEWART, Ian Renshaw resigneddirector
- 1995-03-01➕LITTLE, Hugh Wilson Mcintosh appointeddirector
- 1995-03-01➖SAVEGE, David John Storrier resigneddirector
- 1995-02-28➖DAVIDSON, Bruce Alexander resignedsecretary
- 1995-02-28➕DAVIDSON, Laura Anne appointedsecretary
- 1993-11-01➖SPENCE, John Stewart resigneddirector
- 1993-10-29➕STEWART, Ian Renshaw appointeddirector
- 1991-05-20🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1990-02-01➕CLARK (JNR), Francis appointeddirector
- 1990-02-01➕SPENCE, John Stewart appointeddirector
- 1989-08-29➖CHRISTIE, Denis Forbes resigneddirector
- 1985-05-31🏢Company incorporatedAs GRAMPIAN GOLF & LEISURE ASSOCIATES LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 77 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 41 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
cleanGroup structure
Craig Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Craig Group Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 30/04/2018 |
2 historic (ceased) PSCs
- Mr James Douglas Craigceased 30/04/2018· 75-100% shares · 75-100% voting
- Craig Group Limitedceased 02/11/2017· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Leisure & entertainment · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| JOHN CODONA'S PLEASURE FAIRS LIMITED→ SC022655 · est 1944 | £172.2k £133.9k–£210.4k | £7.30M | — | 20400 | 82y | 87 | 80y |
| BANKS O'DEE SPORTS CLUB LIMITED→ SC175110 · est 1997 · no financials extracted | — | — | — | — | 28y | 83 | 79y |
| CLATT AULD KIRK→ SC161856 · est 1995 · no financials extracted | — | — | — | — | 30y | 83 | 71y |
| DEESIDE GLIDING CLUB (ABERDEENSHIRE) LIMITED→ SC034867 · est 1960 | — | — | £755.2k | — | 66y | 83 | 77y |
| GLENSHEE LIMITED→ SC269348 · est 2004 | — | — | £625.3k | — | 21y | 83 | 71y |
| KEITH FOOTBALL CLUB LTD.→ SC271946 · est 2004 | — | — | — | 0 | 21y | 83 | 71y |
| PEACOCK VISUAL ARTS LIMITED→ SC056235 · est 1974 · no financials extracted | — | — | — | — | 51y | 83 | 80y |
| PETERHEAD FOOTBALL CLUB LIMITED→ SC146014 · est 1993 · no financials extracted | — | — | — | — | 32y | 83 | 78y |
| THE KEITH & DISTRICT SPORTS TRUST→ SC141101 · est 1992 · no financials extracted | — | — | — | — | 33y | 83 | 81y |
| ARDOYNE PERFORMANCE LIMITED→ SC308365 · est 2006 | — | — | — | 0 | 19y | 82 | 63y |
| SAR FUNCTIONAL FITNESS LIMITED→ SC840707 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| SKINNY PINK HIPPO LIMITED→ SC802223 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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 →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
Registered office
Filing status
Officers (3 active · 12 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Floating charge | 1 property | 14/03/2013 | — | |
| satisfied | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 25/02/2011 | 17/05/2013 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 20/05/1991 | — |