GRASSICK'S PROPERTIES LIMITED

⚰️Wound downdissolved
SC157612 · ltd · incorporated 1995-04-24
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
63/100
Worth a look
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 69). 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 (73/100).

Data confidence

Overall: low (48/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2016-01-12
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2016-01-12
    🏁
    Company dissolved
  3. 2015-09-25
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2015-09-15
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2015-05-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  6. 2014-09-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2014-05-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2013-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2013-05-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  10. 2012-09-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2012-04-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2011-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2011-05-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2010-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2010-07-13
    📄
    termination-director-company-with-name
    officers · TM01
  16. 2010-06-22
    GRASSICK, Mary Lilian resigned
    director
  17. 2010-05-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2010-05-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2010-05-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2009-11-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2009-05-26
    📄
    legacy
    annual-return · 363a
  22. 2008-10-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  23. 2008-05-19
    📄
    legacy
    annual-return · 363a
  24. 2007-10-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  25. 2007-05-09
    📄
    legacy
    annual-return · 363s
  26. 2006-10-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  27. 2006-05-19
    📄
    legacy
    annual-return · 363s
  28. 1996-05-15
    NAPIER, Alistair Graham appointed
    secretary
  29. 1996-05-15
    GRASSICK, Mary Lilian resigned
    secretary
  30. 1995-04-24
    🏢
    Company incorporated
    As GRASSICK'S PROPERTIES LIMITED
  31. 1995-04-24
    GRASSICK, David Douglas appointed
    director
  32. 1995-04-24
    GRASSICK, Mary Lilian appointed
    secretary
  33. 1995-04-24
    REID, Brian appointed
    secretary
  34. 1995-04-24
    REID, Brian resigned
    secretary
  35. 1995-04-24
    GRASSICK, Mary Lilian appointed
    director
  36. 1995-04-24
    MABBOTT, Stephen appointed
    nominee-director
  37. 1995-04-24
    MABBOTT, Stephen resigned
    nominee-director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "GRASSICK" — 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 69 — succession pressure is live.

Succession & seller-readiness

95/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 31 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 dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2016-01-12

🔒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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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.

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Company details

Statusdissolved
Typeltd
Incorporated1995-04-24
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

The Triangle
Inveralmond
Perth
PH1 3GA

Filing status

Accounts
Next due:
Last made up to: 2013-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 4 resigned)

NAPIER, Alistair Graham
secretary · appointed 1996-05-15
View their other companies + combined net worth →
Active
GRASSICK, David Douglas
director · ~69y · appointed 1995-04-24
View their other companies + combined net worth →
Active
GRASSICK, Mary Lilian
secretary · appointed 1995-04-24 · resigned 1996-05-15
Resigned
REID, Brian
secretary · appointed 1995-04-24 · resigned 1995-04-24
Resigned
GRASSICK, Mary Lilian
director · ~98y · appointed 1995-04-24 · resigned 2010-06-22
Resigned
MABBOTT, Stephen
nominee-director · ~76y · appointed 1995-04-24 · resigned 1995-04-24
Resigned

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

Recent filings (56 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2016-01-12
gazette-notice-voluntary
gazette · GAZ1(A)
2015-09-25
dissolution-application-strike-off-company
dissolution · DS01
2015-09-15
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-05-11
accounts-with-accounts-type-dormant
accounts · AA
2014-09-04
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-05-20
accounts-with-accounts-type-dormant
accounts · AA
2013-09-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-05-17
accounts-with-accounts-type-dormant
accounts · AA
2012-09-28
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-04-27
accounts-with-accounts-type-dormant
accounts · AA
2011-09-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-05-27
accounts-with-accounts-type-dormant
accounts · AA
2010-09-30
termination-director-company-with-name
officers · TM01
2010-07-13
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-05-26