GRETNA HOUSE INVESTMENT COMPANY LIMITED
Opportunity 79/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. 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).
Refinance opportunity
1 live charge · oldest 34.9y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 34.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-25 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
Corporate timeline (28 events)Click to expand
- 2025-05-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-11-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-11-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-05-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-05-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-11-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-10-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-10-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-11-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-21➕HOUSTON, Lucy Leah appointeddirector
- 2021-06-21➖HOUSTON, Alasdair George resigneddirector
- 2021-02-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-10-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-11-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-11-21📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-04-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2007-04-17🔓Charge satisfied #1
- 2003-05-10➕CLARK, Susan Jennifer Mackie appointedsecretary
- 2003-05-10➖HOUSTON, Robert Adair resignedsecretary
- 2003-05-10➖HOUSTON, Robert Adair resigneddirector
- 1991-05-20🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1991-03-13🏢Company incorporatedAs GRETNA HOUSE INVESTMENT COMPANY LIMITED
- 1991-03-13➕HOUSTON, Robert Adair appointedsecretary
- 1991-03-13➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 1991-03-13➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 1991-03-13➕HOUSTON, Alasdair George appointeddirector
- 1991-03-13➕HOUSTON, Robert Adair appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 35 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Lucy Leah Houston Individual · British · DOB 02/1967 · age 59 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 21/06/2021 |
1 historic (ceased) PSC
- Mr Alasdair George Houstonceased 21/06/2021· 75-100% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| H & S FARMS→ SL002716 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
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 (2 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 20/05/1991 | 17/04/2007 |