GMG DEVELOPMENTS LIMITED

🌳Matureactive
SC183188 · ltd · incorporated 1998-02-20
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
  • 70229Management consultancy activities other than financial management
Investor take
Pursue
Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Key financials

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

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees200200

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 capital
Last 180 days
3
filings
  • 1 confirmation-statement
  • 1 capital
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-02-25
    📄
    capital-cancellation-shares
    capital · SH06
  2. 2025-12-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-05-07
    📄
    capital-cancellation-shares
    capital · SH06
  4. 2025-04-24
    📄
    capital-return-purchase-own-shares
    capital · SH03
  5. 2024-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-06-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-10-15
    📄
    capital-cancellation-shares
    capital · SH06
  11. 2019-10-15
    📄
    capital-return-purchase-own-shares
    capital · SH03
  12. 2019-05-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-07-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-07-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-08-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 1998-02-23
    GEDDES, Graham Mclachlan appointed
    secretary
  17. 1998-02-23
    GEDDES, Caroline Irene appointed
    director
  18. 1998-02-23
    GEDDES, Graham Mclachlan appointed
    director
  19. 1998-02-23
    PF & S (SECRETARIES) LIMITED resigned
    corporate-nominee-secretary
  20. 1998-02-23
    PF & S (DIRECTORS) LIMITED resigned
    corporate-nominee-director
  21. 1998-02-20
    🏢
    Company incorporated
    As GMG DEVELOPMENTS LIMITED
  22. 1998-02-20
    PF & S (SECRETARIES) LIMITED appointed
    corporate-nominee-secretary
  23. 1998-02-20
    PF & S (DIRECTORS) LIMITED appointed
    corporate-nominee-director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
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 72 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 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 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

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Graham Mclachlan Geddes
Individual · Scottish · DOB 02/1954 · age 72
75100%
75-100% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1998-02-20
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

Old Police House, 39 Oldmeldrum
Road, Newmachar
Aberdeen
AB21 0PJ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-06
Last: 2026-02-20

Officers (3 active · 2 resigned)

GEDDES, Graham Mclachlan
secretary · appointed 1998-02-23
View their other companies + combined net worth →
Active
GEDDES, Caroline Irene
director · ~71y · appointed 1998-02-23
View their other companies + combined net worth →
Active
GEDDES, Graham Mclachlan
director · ~72y · appointed 1998-02-23
View their other companies + combined net worth →
Active
PF & S (SECRETARIES) LIMITED
corporate-nominee-secretary · appointed 1998-02-20 · resigned 1998-02-23
Resigned
PF & S (DIRECTORS) LIMITED
corporate-nominee-director · appointed 1998-02-20 · resigned 1998-02-23
Resigned

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

Recent filings (70 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-05
capital-cancellation-shares
capital · SH06
2026-02-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-09
capital-cancellation-shares
capital · SH06
2025-05-07
capital-return-purchase-own-shares
capital · SH03
2025-04-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-10