G R CONTRACTS LTD.

🌳Matureactive
SC262465 · ltd · incorporated 2004-01-26
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
£1.38M
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (60/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 21.9y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 21.9 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
9 officers (5 active, 9 linked, 7 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
85 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,384,858
Net assets shrinking
Down £547,460 YoY
Cash draining
Cash down 51% YoY
Cash YoY
-51%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.1m
↓ 51% YoY
Net Worth
£1.4m
↓ 28% YoY
Current Assets
£2.3m
↓ 48% YoY
Current Liabilities
£0£905k£1.8m£2.7m£3.6m£4.5mJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£1.63M£2.07M
Current assets£2.33M£4.53M
Cash£1.05M£2.14M
Debtors£331.0k£925.9k
Net assets£1.38M£1.93M

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

🔒Filing-note intelligence

2 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
4
filings
  • 2 officers
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
4
filings
  • 2 officers
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2026-03-19
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  2. 2026-02-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-02-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-01-27
    GREENOCK, James Cunningham appointed
    director
  5. 2026-01-24
    GREENOCK, James Cunningham resigned
    director
  6. 2025-03-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2025-03-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2024-10-24
    📄
    memorandum-articles
    incorporation · MA
  9. 2024-10-24
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2024-10-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2024-10-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2024-10-11
    MACDONALD, James appointed
    director
  13. 2024-10-11
    GREENOCK, James Cunningham appointed
    director
  14. 2024-03-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2023-05-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2023-05-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2023-05-10
    🔓
    Charge satisfied #4
  18. 2023-05-10
    🔓
    Charge satisfied #1
  19. 2023-03-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2023-02-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2023-02-08
    🔓
    Charge satisfied #5
  22. 2022-03-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2021-02-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2020-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2019-02-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2015-02-26
    🔓
    Charge satisfied #2
  27. 2014-06-28
    🔓
    Charge satisfied #3
  28. 2008-12-24
    🔒
    Charge registered #5
    Lender: West of Scotland Loan Fund Limited
  29. 2008-12-24
    🔒
    Charge registered #4
    Lender: Royal Bank of Scotland PLC
  30. 2008-12-04
    🔒
    Charge registered #3
    Lender: West of Scotland Loan Fund Limited
  31. 2004-10-14
    🔒
    Charge registered #2
    Lender: UK Steel Enterprise Limited
  32. 2004-06-14
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  33. 2004-04-01
    MCCOLL, George Alexander appointed
    secretary
  34. 2004-04-01
    MCCOLL, George Alexander appointed
    director
  35. 2004-04-01
    SAVAGE, Robert appointed
    director
  36. 2004-04-01
    CURLE, Elspeth resigned
    secretary
  37. 2004-04-01
    CURLE, Elspeth resigned
    director
  38. 2004-04-01
    POLLOCK, Gail resigned
    director
  39. 2004-01-26
    🏢
    Company incorporated
    As G R CONTRACTS LTD.
  40. 2004-01-26
    CURLE, Elspeth appointed
    secretary
  41. 2004-01-26
    CURLE, Elspeth appointed
    director
  42. 2004-01-26
    POLLOCK, Gail appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

G R Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
G R Holdings Ltd
Corporate parent · holds 75-100% shares
ultimate parent
G R CONTRACTS LTD.
This company · SC262465

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%
NameSharesVoting rightsNature of controlNotified
G R Holdings Ltd
Corporate entity
75100%
75-100% shares06/04/2016

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 →

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

6 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
Incorporated2004-01-26
Jurisdictionscotland
Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

Units 2 & 3 13 Canyon Road
Netherton Industrial Estate
Wishaw
Lanarkshire
ML2 0EG

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-02-09
Last: 2026-01-26

Officers (5 active · 4 resigned)

MCCOLL, George Alexander
secretary · appointed 2004-04-01
View their other companies + combined net worth →
Active
GREENOCK, James Cunningham
director · ~48y · appointed 2026-01-27
View their other companies + combined net worth →
Active
MACDONALD, James
director · ~58y · appointed 2024-10-11
View their other companies + combined net worth →
Active
MCCOLL, George Alexander
director · ~52y · appointed 2004-04-01
View their other companies + combined net worth →
Active
SAVAGE, Robert
director · ~52y · appointed 2004-04-01
View their other companies + combined net worth →
Active
CURLE, Elspeth
secretary · appointed 2004-01-26 · resigned 2004-04-01
Resigned
CURLE, Elspeth
director · ~50y · appointed 2004-01-26 · resigned 2004-04-01
Resigned
GREENOCK, James Cunningham
director · ~48y · appointed 2024-10-11 · resigned 2026-01-24
Resigned
POLLOCK, Gail
director · ~52y · appointed 2004-01-26 · resigned 2004-04-01
Resigned

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

Mortgages & charges

5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
satisfied
West of Scotland Loan Fund
West of Scotland Loan Fund Limited
Standard security1 property24/12/200808/02/2023
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property24/12/200810/05/2023
satisfied
West of Scotland Loan Fund
West of Scotland Loan Fund Limited
Floating charge1 property04/12/200828/06/2014
satisfied
UK Steel Enterprise
UK Steel Enterprise Limited
Bond & floating charge1 property14/10/200426/02/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property14/06/200410/05/2023

Recent filings (85 total)

accounts-with-accounts-type-medium
accounts · AA
2026-03-19
appoint-person-director-company-with-name-date
officers · AP01
2026-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-10
termination-director-company-with-name-termination-date
officers · TM01
2026-02-10
accounts-with-accounts-type-full
accounts · AA
2025-03-28
change-person-director-company-with-change-date
officers · CH01
2025-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-28
memorandum-articles
incorporation · MA
2024-10-24
resolution
resolution · RESOLUTIONS
2024-10-24
appoint-person-director-company-with-name-date
officers · AP01
2024-10-18
appoint-person-director-company-with-name-date
officers · AP01
2024-10-18
accounts-with-accounts-type-full
accounts · AA
2024-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-26
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-10
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-10