GRANITE PROPERTY LEASING LIMITED
🌳Matureactive
SC243403 · ltd · incorporated 2003-02-04
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 22.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
£1.15M
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower with a 61-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 70/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 21 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
24 live charges · oldest 22.8y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 22.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)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
24 charges (24/24 with lender, 24/24 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
89 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
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,151,300
Cash YoY
+4%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£27k
↑ 4.1% YoY
Net Worth
£1.2m
↑ 1.3% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Cash | £26.9k | £25.8k |
| Net assets | £1.15M | £1.14M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
0
filings
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (52 events)Click to expand
- 2026-02-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-10📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-03-10📄change-person-director-company-with-change-dateofficers · CH01
- 2020-03-10📄change-person-director-company-with-change-dateofficers · CH01
- 2020-03-10📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-03-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2020-03-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-03-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-03-10📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2020-03-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-04-16➖SHERWOOD, Irene Helen resigneddirector
- 2019-04-16➖SHERWOOD, William resigneddirector
- 2019-04-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-04-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-04-02🔒Charge registered #24Lender: National Westminster Bank PLC
- 2019-04-02🔒Charge registered #23Lender: National Westminster Bank PLC
- 2019-04-02🔒Charge registered #22Lender: National Westminster Bank PLC
- 2011-05-17🔒Charge registered #21Lender: National Westminster Bank PLC
- 2011-05-17🔒Charge registered #20Lender: National Westminster Bank PLC
- 2011-05-13🔒Charge registered #19Lender: National Westminster Bank PLC
- 2010-02-04🔒Charge registered #18Lender: National Westminster Bank PLC
- 2010-02-04🔒Charge registered #17Lender: National Westminster Bank PLC
- 2009-08-24🔒Charge registered #16Lender: National Westminster Bank PLC
- 2009-08-11🔒Charge registered #15Lender: National Westminster Bank PLC
- 2009-08-10🔒Charge registered #14Lender: National Westminster Bank PLC
- 2009-08-10🔒Charge registered #13Lender: National Westminster Bank PLC
- 2009-05-11🔒Charge registered #12Lender: National Westminster Bank PLC
- 2009-05-11🔒Charge registered #11Lender: National Westminster Bank PLC
- 2008-06-18🔒Charge registered #10Lender: National Westminster Bank PLC
- 2007-07-12🔒Charge registered #9Lender: National Westminster Bank PLC
- 2007-01-31🔒Charge registered #8Lender: National Westminster Bank PLC
- 2006-06-20🔒Charge registered #7Lender: National Westminster Bank PLC
- 2006-04-10🔒Charge registered #6Lender: National Westminster Bank PLC
- 2005-01-27🔒Charge registered #5Lender: National Westminster Bank PLC
- 2004-02-17🔒Charge registered #4Lender: National Westminster Bank PLC
- 2004-02-17🔒Charge registered #3Lender: National Westminster Bank PLC
- 2003-08-14🔒Charge registered #1Lender: National Westminster Bank PLC
- 2003-08-13🔒Charge registered #2Lender: National Westminster Bank PLC
- 2003-02-04🏢Company incorporatedAs GRANITE PROPERTY LEASING LIMITED
- 2003-02-04➕MCGOWAN, Linda Ann appointedsecretary
- 2003-02-04➕MCGOWAN, Linda Ann appointeddirector
- 2003-02-04➕MUNRO, Craig Galloway appointeddirector
- 2003-02-04➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2003-02-04➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
Showing most recent 50 of 52 events
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
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 23 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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 low24 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Lifestyle Properties (Aberdeen) Limited holds 25-50% — a significant corporate investor but not a controlling parent.
🏛️significant stake
Lifestyle Properties (Aberdeen) Limited
Corporate parent · holds 25-50% shares
⬇
GRANITE PROPERTY LEASING LIMITED
This company · SC243403
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Lifestyle Properties (Aberdeen) Limited Corporate entity | 25–50% | — | 25-50% shares | 16/04/2019 |
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 · Property · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ROBERT WHITELAW (ABERDEEN) LIMITED→ SC053906 · est 1973 | £4.35M £3.70M–£5.01M | — | £4.35M | — | 52y | 83 | 76y |
| OMATRON LIMITED→ SC278277 · est 2005 | £1.85M £1.57M–£2.13M | — | £1.85M | — | 21y | 83 | 72y |
| BEN THOW LIMITED→ SC058084 · est 1975 | £1.51M £1.29M–£1.74M | — | £1.51M | — | 50y | 82 | 69y |
| JACKAL PROPERTIES LIMITED→ SC228832 · est 2002 | £1.29M £1.10M–£1.49M | — | £1.29M | — | 24y | 83 | 71y |
| ST. MALO HOUSE LIMITED→ SC285478 · est 2005 | £1.20M £1.02M–£1.38M | — | £1.20M | — | 20y | 83 | 80y |
| F.G. BURNETT LIMITED→ SC202175 · est 1999 | £1.01M £861.9k–£1.17M | — | £1.01M | — | 26y | 83 | 65y |
| ABBOTSHALL SERVICES LIMITED→ SC305853 · est 2006 | £581.0k £493.8k–£668.1k | — | £581.0k | — | 19y | 82 | 68y |
| BANCHORY CAR CENTRE LTD.→ SC356740 · est 2009 | £526.7k £447.7k–£605.7k | — | £526.7k | — | 17y | 82 | 71y |
| BOWDEN BUILDINGS LTD→ SC279331 · est 2005 | £492.7k £418.8k–£566.6k | — | £492.7k | — | 21y | 82 | 62y |
| THISTLE STREET PROPERTIES LIMITED→ SC312791 · est 2006 | £327.7k £278.5k–£376.8k | — | £327.7k | — | 19y | 83 | 61y |
| ART DECO CARRON RESTAURANT LTD.→ SC218207 · est 2001 | £201.4k £171.2k–£231.6k | — | £201.4k | — | 25y | 82 | 62y |
| AMZ PROPERTIES LIMITED→ SC268771 · est 2004 | £155.8k £132.5k–£179.2k | — | £155.8k | — | 21y | 82 | 79y |
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
Incorporated2003-02-04
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
33 Monearn Gardens
Milltimber
Aberdeen
AB13 0DX
Scotland
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-02-18
Last: 2026-02-04
Officers (3 active · 3 resigned)
MCGOWAN, Linda Ann→
Activesecretary · appointed 2003-02-04
View their other companies + combined net worth →
MCGOWAN, Linda Ann→
Activedirector · ~60y · appointed 2003-02-04
View their other companies + combined net worth →
MUNRO, Craig Galloway→
Activedirector · ~61y · appointed 2003-02-04
View their other companies + combined net worth →
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-02-04 · resigned 2003-02-04
SHERWOOD, Irene Helen→
Resigneddirector · ~76y · appointed 2003-02-04 · resigned 2019-04-16
SHERWOOD, William→
Resigneddirector · ~80y · appointed 2003-02-04 · resigned 2019-04-16
Click a director name to see their full track record across all companies.
Mortgages & charges
24
Total charges
24
Outstanding
1
Active lenders
Status:Lender:24 of 24 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 02/04/2019 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 02/04/2019 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 02/04/2019 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 17/05/2011 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 17/05/2011 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 13/05/2011 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 04/02/2010 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 04/02/2010 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 24/08/2009 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 11/08/2009 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 10/08/2009 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 10/08/2009 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 11/05/2009 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 11/05/2009 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 18/06/2008 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 12/07/2007 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Bond & floating charge | 1 property | 31/01/2007 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 20/06/2006 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 10/04/2006 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 27/01/2005 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 17/02/2004 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 17/02/2004 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 14/08/2003 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 13/08/2003 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (89 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-17
confirmation-statement-with-updates
confirmation-statement · CS01
2020-03-12
change-person-secretary-company-with-change-date
officers · CH03
2020-03-10