GRAY & ADAMS (DONCASTER) LIMITED

🌳Matureactive
SC128013 · ltd · incorporated 1990-10-19
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 31.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: SIC 29202
Sector: Manufacturing
Investor take
Pursue
Conservative operator with a 71-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

2 live charges · oldest 31.3y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 31.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: high (81/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
17 officers (5 active, 17 linked, 12 with DOB)
84
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
134 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £4,004,785

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Apr 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-022024-04-26
Profit before tax£4.00M£3.43M
Average employees1019700

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
3
filings
  • • 3 persons-with-significant-control
Last 180 days
6
filings
  • • 3 persons-with-significant-control
  • • 2 officers
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (50 events)Click to expand
  1. 2026-03-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  2. 2026-03-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-03-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-12-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2025-12-19
    ➕
    BROWN, Andrew Peter appointed
    director
  6. 2025-12-19
    ➖
    TAYLOR, Thomas Sodden resigned
    director
  7. 2025-12-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-12-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-12-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2023-12-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2023-01-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2022-10-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2022-10-14
    ➕
    SUTHERLAND, Andrew appointed
    director
  14. 2022-06-14
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  15. 2022-06-14
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  16. 2022-05-31
    ➕
    SUTHERLAND, Andrew appointed
    secretary
  17. 2022-05-14
    ➖
    SMITH, John resigned
    secretary
  18. 2022-05-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2022-05-09
    ➖
    GRANT, Mark Alexander resigned
    director
  20. 2021-12-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2021-01-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2020-12-18
    📄
    accounts-with-accounts-type-full
    accounts · AA
  23. 2020-03-11
    ➖
    GRAY, James resigned
    director
  24. 2020-01-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  25. 2016-01-01
    ➕
    TAYLOR, Thomas Sodden appointed
    director
  26. 2015-12-31
    ➖
    GRAY, Lewis Beedie resigned
    director
  27. 2015-12-31
    ➖
    ROSE, Stephen William Charles resigned
    director
  28. 2013-08-12
    ➕
    GRANT, Mark Alexander appointed
    director
  29. 2013-04-30
    ➖
    MITCHELL, Paul Watt resigned
    secretary
  30. 2013-04-30
    ➕
    SMITH, John appointed
    secretary
  31. 2011-11-16
    ➕
    MITCHELL, Paul Watt appointed
    secretary
  32. 2011-11-16
    ➖
    SMITH, Derek resigned
    secretary
  33. 2010-03-15
    ➕
    SMITH, Derek appointed
    secretary
  34. 2010-03-15
    ➖
    WATT, James Lawrence resigned
    secretary
  35. 2010-03-15
    ➖
    WATT, James Lawrence resigned
    director
  36. 2004-04-05
    ➖
    SMITH, Robert Copeland resigned
    director
  37. 2000-11-22
    🔓
    Charge satisfied #1
  38. 1999-08-05
    ➖
    ADAMS, James Gunn resigned
    director
  39. 1995-05-02
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  40. 1995-01-27
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  41. 1991-10-01
    ➕
    GRAY JUNIOR, James Joshua appointed
    director
  42. 1991-10-01
    ➕
    ADAMS, James Gunn appointed
    director
  43. 1991-10-01
    ➕
    GRAY, James appointed
    director
  44. 1991-10-01
    ➕
    ROSE, Stephen William Charles appointed
    director
  45. 1991-10-01
    ➕
    SMITH, Robert Copeland appointed
    director
  46. 1991-10-01
    ➕
    WATT, James Lawrence appointed
    director
  47. 1990-10-19
    🏢
    Company incorporated
    As GRAY & ADAMS (DONCASTER) LIMITED
  48. 1990-10-19
    ➕
    GRAY, Peter appointed
    director
  49. 1990-10-19
    ➕
    WATT, James Lawrence appointed
    secretary
  50. 1990-10-19
    ➕
    GRAY, Lewis Beedie appointed
    director

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder name in company name: Company name contains director surname "GRAY" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 36 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

80/100
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 71 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 36 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Gray & Adams Ltd holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️
Gray & Adams Ltd
Corporate parent · holds 50-75% shares
majority
⬇
GRAY & ADAMS (DONCASTER) LIMITED
This company · SC128013

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Gray & Adams Ltd
Corporate entity
50–75%
—50-75% shares06/04/2016
2 historic (ceased) PSCs
  • Mr James Joshua Grayceased 06/04/2016· 25-50% shares
  • Mr Peter Grayceased 06/04/2016· 25-50% shares

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 · Manufacturing · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
GRAY & ADAMS LIMITED→
SC047482 · est 1970
£75.13M
£58.44M–£91.83M
——50256y8771y
GRAY & ADAMS (DUNFERMLINE) LIMITED→
SC082971 · est 1983
£17.07M
£13.28M–£20.87M
——10642y8571y
INTERWELL LIMITED→
SC391140 · est 2011
£10.98M
£8.54M–£13.42M
£33.44M—780015y9160y
EBLAST LIMITED→
SC202165 · est 1999
£8.03M
£6.24M–£9.81M
£11.11M—740026y8857y
DALES ENGINEERING SERVICES LIMITED→
SC107948 · est 1987
£6.22M
£4.84M–£7.60M
£21.87M—1100038y9370y
SUPERIOR ENERGY SERVICES LIMITED→
SC259694 · est 2003
£6.15M
£4.78M–£7.51M
£1.45M—150022y9460y
IMENCO UK LIMITED→
SC372021 · est 2010
£5.97M
£4.64M–£7.29M
£17.33M—1150016y9571y
VINREG ACCESS LTD→
SC742888 · est 2022 · no financials extracted
————3y——
VYSUS (GB) LIMITED→
SC125513 · est 1990 · no financials extracted
————35y——
W J BROWN MECHANICAL SERVICES LIMITED→
SC133395 · est 1991 · no financials extracted
————34y——
WCS SCOTLAND LIMITED→
SC447768 · est 2013 · no financials extracted
————13y——
WINDMILL PRINTING LTD→
SC488816 · est 2014 · no financials extracted
————11y——
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
Incorporated1990-10-19
Jurisdictionscotland
Primary SIC29202 — SIC 29202

Registered office

South Road
Fraserburgh
Aberdeenshire
AB43 9HU

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-05-02
Confirmation statement
Next due: 2026-09-12
Last: 2025-08-29

Officers (5 active · 12 resigned)

SUTHERLAND, Andrew→
secretary · appointed 2022-05-31
View their other companies + combined net worth →
Active
BROWN, Andrew Peter→
director · ~63y · appointed 2025-12-19
View their other companies + combined net worth →
Active
GRAY, Peter→
director · ~68y · appointed 1990-10-19
View their other companies + combined net worth →
Active
GRAY JUNIOR, James Joshua→
director · ~71y · appointed 1991-10-01
View their other companies + combined net worth →
Active
SUTHERLAND, Andrew→
director · ~40y · appointed 2022-10-14
View their other companies + combined net worth →
Active
MITCHELL, Paul Watt→
secretary · appointed 2011-11-16 · resigned 2013-04-30
Resigned
SMITH, Derek→
secretary · appointed 2010-03-15 · resigned 2011-11-16
Resigned
SMITH, John→
secretary · appointed 2013-04-30 · resigned 2022-05-14
Resigned
WATT, James Lawrence→
secretary · appointed 1990-10-19 · resigned 2010-03-15
Resigned
ADAMS, James Gunn→
director · ~95y · appointed 1991-10-01 · resigned 1999-08-05
Resigned
GRANT, Mark Alexander→
director · ~58y · appointed 2013-08-12 · resigned 2022-05-09
Resigned
GRAY, James→
director · ~92y · appointed 1991-10-01 · resigned 2020-03-11
Resigned
GRAY, Lewis Beedie→
director · ~81y · appointed 1990-10-19 · resigned 2015-12-31
Resigned
ROSE, Stephen William Charles→
director · ~72y · appointed 1991-10-01 · resigned 2015-12-31
Resigned
SMITH, Robert Copeland→
director · ~82y · appointed 1991-10-01 · resigned 2004-04-05
Resigned
TAYLOR, Thomas Sodden→
director · ~57y · appointed 2016-01-01 · resigned 2025-12-19
Resigned
WATT, James Lawrence→
director · ~71y · appointed 1991-10-01 · resigned 2010-03-15
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property02/05/1995—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property27/01/199522/11/2000
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (134 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-03-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-06
accounts-with-accounts-type-full
accounts · AA
2025-12-26
termination-director-company-with-name-termination-date
officers · TM01
2025-12-19
appoint-person-director-company-with-name-date
officers · AP01
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-09
accounts-with-accounts-type-full
accounts · AA
2024-12-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-06
accounts-with-accounts-type-full
accounts · AA
2023-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-11
accounts-with-accounts-type-full
accounts · AA
2023-01-09
appoint-person-director-company-with-name-date
officers · AP01
2022-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-29
appoint-person-secretary-company-with-name-date
officers · AP03
2022-06-14