JAMIE MCGRATTAN LIMITED
- · Oldest live charge 30.9y old — refinance window within 12 months
Opportunity 64/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
3 live charges · 2 lenders · oldest 30.9y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 30.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (72/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · UK GAAP| Metric | 2016-10-31 |
|---|---|
| Total assets | £-10.8k |
| Debtors | £48.9k |
| Current liabilities | £123.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (41 events)Click to expand
- 2018-12-04📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2018-12-04🏁Company dissolved
- 2018-09-18📄gazette-notice-voluntarygazette · GAZ1(A)
- 2018-09-10📄dissolution-application-strike-off-companydissolution · DS01
- 2017-07-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-08-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-07-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-11-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-11-10📄change-person-director-company-with-change-dateofficers · CH01
- 2014-11-10📄change-person-director-company-with-change-dateofficers · CH01
- 2014-11-10📄change-person-secretary-company-with-change-dateofficers · CH03
- 2014-07-21📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-11-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-07-18📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-06-05📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2013-06-05📄mortgage-create-with-deed-with-charge-numbermortgage · MR01
- 2013-05-31🔒Charge registered #3Lender: Clydesdale Bank PLC
- 2012-11-07📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-07-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-11-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-06-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-10-25📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-07-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-12-23📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2002-08-19➖MACCOLL, David resigneddirector
- 1998-10-27➕MACCOLL, David appointeddirector
- 1997-09-30➖DARROCH, Mark Anthony resigneddirector
- 1996-05-31➕DARROCH, Mark Anthony appointeddirector
- 1995-10-09🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 1995-06-22🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1994-12-09➕MCGRATTAN, James appointedsecretary
- 1994-12-09➕MCGRATTAN, Elizabeth appointeddirector
- 1994-12-09➕MCGRATTAN, James appointeddirector
- 1994-12-09➖FLINT, David resignednominee-secretary
- 1994-12-09➖DICKSON, Ian resignednominee-director
- 1994-12-09➖FLINT, David resignednominee-director
- 1994-10-24🏢Company incorporatedAs JAMIE MCGRATTAN LIMITED
- 1994-10-24➕FLINT, David appointednominee-secretary
- 1994-10-24➕DICKSON, Ian appointednominee-director
- 1994-10-24➕FLINT, David appointednominee-director
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.
- +Founder name in company name: Company name contains director surname "MCGRATTAN" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 73 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 31 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 32 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
1 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2018-12-04
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Jamie Mcgrattan Individual · British · DOB 06/1953 · age 73 | 75–100% | — | 75-100% shares | 06/04/2016 |
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
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9 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 (0 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 31/05/2013 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 09/10/1995 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 22/06/1995 | — |