GEORGE LESLIE LIMITED

📈Growthactive

SC251886 · ltd · incorporated 2003-06-27

Investment thesis

Growth-phase business — story-led; valuation sensitive to momentum.

Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.

Why risky: Price often leads fundamentals; dependency on founder often high.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 42130

Sector: Construction

ALSO REGISTERED FOR

42210SIC 42210
42910SIC 42910
42990Construction of other civil engineering projects n.e.c.

Investor take

Pursue

Strong opportunity: leverage-led grower with exceptional profile and acceptable with review structure.

Opportunity 82/100 (exceptional), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 22.6y

45/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 22.6 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 40/100 — workable, but lender will want more DD.
· Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 4 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

17 officers (7 active, 17 linked, 12 with DOB)

Ownership & PSC

1 active PSC(s) of 5 total, 5 with control declared

Director network

3 connected companies via shared directors

Filing history

126 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Profitable

Profit before tax £16,083,000

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Profit before tax	£16.08M	£8.03M
Average employees	43000	33000

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (50 events)Click to expand

2025-07-18
📄
accounts-with-accounts-type-full
accounts · AA
2024-07-12
📄
accounts-with-accounts-type-full
accounts · AA
2024-07-01
➕
BUTLER, Simon appointed
director
2024-07-01
➕
COWAN, Graeme appointed
director
2024-07-01
➕
NEWLANDS, Andrew appointed
director
2024-07-01
📄
memorandum-articles
incorporation · MA
2024-07-01
📄
resolution
resolution · RESOLUTIONS
2024-07-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-07-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-07-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-07-21
📄
accounts-with-accounts-type-full
accounts · AA
2022-07-12
📄
accounts-with-accounts-type-full
accounts · AA
2021-07-08
📄
accounts-with-accounts-type-full
accounts · AA
2021-04-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-03-28
➖
DOHERTY, Neil Patrick resigned
director
2021-01-14
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2021-01-14
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2020-12-31
➕
COWAN, Graeme appointed
secretary
2020-12-31
➖
MCCARROLL, Peter Cumming resigned
secretary
2020-09-03
📄
accounts-with-accounts-type-full
accounts · AA
2019-10-09
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2019-10-09
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-10-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-09-24
📄
resolution
resolution · RESOLUTIONS
2019-09-23
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-09-17
➖
MCNAUGHT, John Symington Maurice resigned
director
2019-09-12
🔒
Charge registered #3
Lender: The Royal Bank of Scotland PLC
2019-07-31
➕
MCCARROLL, Peter Cumming appointed
secretary
2019-07-31
➖
WHITELAW, Gordon William resigned
secretary
2018-10-29
➕
FRY, Anthony Colin appointed
director
2018-09-27
➖
BURROWS, Iain Richard resigned
director
2016-01-27
🔒
Charge registered #2
Lender: Bank of Scotland PLC
2013-11-04
➕
GAULT, Michael Callum Mackay appointed
director
2011-07-29
➖
MCINTOSH, Donald Gordon resigned
director
2009-07-01
➕
ROSS, David Bradford appointed
director
2009-07-01
➕
DOHERTY, Neil Patrick appointed
director
2009-06-30
➖
MCCORMACK, John Love resigned
director
2005-05-18
➖
FINDLAY, Brian David Mcgill resigned
director
2003-10-17
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
2003-10-13
➕
BURROWS, Iain Richard appointed
director
2003-10-13
➕
MCCORMACK, John Love appointed
director
2003-10-06
➕
FINDLAY, Brian David Mcgill appointed
director
2003-10-06
➕
MCINTOSH, Donald Gordon appointed
director
2003-09-30
➕
WHITELAW, Gordon William appointed
secretary
2003-09-30
➖
BURNESS SOLICITORS resigned
corporate-nominee-secretary
2003-08-15
➕
MCNAUGHT, John Symington Maurice appointed
director
2003-08-15
➖
BURNESS (DIRECTORS) LIMITED resigned
corporate-nominee-director
2003-06-27
🏢
Company incorporated
As GEORGE LESLIE LIMITED
2003-06-27
➕
BURNESS SOLICITORS appointed
corporate-nominee-secretary
2003-06-27
➕
BURNESS (DIRECTORS) LIMITED appointed
corporate-nominee-director

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-6 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

53/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
secondary12+ year tenure: Director in role 17 years.
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.)

Group structure

Gll (Holdings) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Gll (Holdings) Ltd

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

GEORGE LESLIE LIMITED

This company · SC251886

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Gll (Holdings) Ltd Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	12/09/2019

4 historic (ceased) PSCs

Mr Iain Richard Burrowsceased 27/09/2018· 25-50% shares
Mr John Symington Maurice Mcnaughtceased 27/06/2018· 50-75% shares
Mr John Symington Maurice Mcnaughtceased 12/09/2019· 75-100% shares
Mr Iain Richard Burrowsceased 27/06/2018· 25-50% shares

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 · Construction · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
MACKENZIE CONSTRUCTION LIMITED→ SC073177 · est 1980	£19.04M £13.60M–£24.48M	—	—	292	45y	87	61y
SLM MACKENZIE LIMITED→ SC243618 · est 2003	£19.02M £13.59M–£24.46M	—	—	292	23y	86	63y
LUDDON CONSTRUCTION LIMITED→ SC057943 · est 1975	£15.71M £11.22M–£20.20M	—	—	55400	50y	87	60y
CURTIS MOORE (CLADDING SYSTEMS) LIMITED→ SC206369 · est 2000	£6.45M £4.61M–£8.30M	—	—	3700	26y	85	65y
A.B. 2000 LTD.→ SC155832 · est 1995	£6.43M £4.59M–£8.26M	—	—	10600	31y	84	46y
VEITCHI INTERIORS LIMITED→ SC042401 · est 1965	£3.00M £2.15M–£3.86M	—	—	53	60y	87	61y
WESTPOINT CONSTRUCTION COMPANY (SCOTLAND) LTD→ SC101441 · est 1986	£968.2k £691.5k–£1.24M	—	—	66	39y	85	70y
INSITE CONTRACTS LIMITED→ SC162464 · est 1996	£682.9k £487.8k–£878.0k	—	—	47	30y	85	60y
TARPAVE LIMITED→ SC240089 · est 2002	£32.6k £23.3k–£41.9k	£2.30M	—	1100	23y	84	65y
A H F CONSTRUCTION MANAGEMENT LTD.→ SC352436 · est 2008	—	—	£2.19M	—	17y	83	58y
ALGAS MEDICAL INSTALLATIONS LIMITED→ SC284549 · est 2005	—	—	—	2200	21y	83	70y
ARC-TECH (SCOTLAND) LIMITED→ SC127099 · est 1990 · no financials extracted	—	—	—	—	35y	83	75y

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

Incorporated2003-06-27

Jurisdictionscotland

Primary SIC42130 — SIC 42130

Registered office

Blackbyres Road

Barrhead

Glasgow

Lanarkshire

G78 1DU

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-07-11

Last: 2025-06-27