GRANITE CONSTRUCTION (ABERDEEN) LTD

🌳Matureactive
SC323316 · ltd · incorporated 2007-05-09
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 18.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Active trading company with a 76-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (93/100, director aged 76). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 18.9y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 18.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (77/100)

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

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
68 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.

Key financials

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

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-292024-04-29
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
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-06-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-08-21
    ➕
    MEWSE, Hazel appointed
    director
  6. 2023-08-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2023-08-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-08-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2023-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-04-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-01-31
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  14. 2019-05-28
    ➖
    JAMES AND GEORGE COLLIE LLP resigned
    corporate-secretary
  15. 2019-05-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2019-05-28
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2019-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2018-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2013-11-15
    🔓
    Charge satisfied #3
  20. 2013-11-15
    🔓
    Charge satisfied #2
  21. 2013-11-15
    🔓
    Charge satisfied #1
  22. 2009-06-18
    🔒
    Charge registered #3
    Lender: Royal Bank of Scotland PLC
  23. 2008-06-20
    ➖
    JACKSON, Darren resigned
    secretary
  24. 2008-06-20
    ➕
    JAMES AND GEORGE COLLIE LLP appointed
    corporate-secretary
  25. 2008-06-20
    ➖
    JACKSON, Darren resigned
    director
  26. 2007-06-27
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  27. 2007-06-07
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  28. 2007-05-15
    ➕
    MEWSE, James Alexander appointed
    director
  29. 2007-05-15
    ➕
    JACKSON, Darren appointed
    secretary
  30. 2007-05-15
    ➕
    JACKSON, Darren appointed
    director
  31. 2007-05-11
    ➖
    FORM 10 SECRETARIES FD LTD resigned
    corporate-nominee-secretary
  32. 2007-05-11
    ➖
    FORM 10 DIRECTORS FD LTD resigned
    corporate-nominee-director
  33. 2007-05-09
    🏢
    Company incorporated
    As GRANITE CONSTRUCTION (ABERDEEN) LTD
  34. 2007-05-09
    ➕
    FORM 10 SECRETARIES FD LTD appointed
    corporate-nominee-secretary
  35. 2007-05-09
    ➕
    FORM 10 DIRECTORS FD LTD 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 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 76 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

79/100
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 76 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • 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.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Hazel Mewse
Individual · British · DOB 02/1958 · age 68
25–50%
25–50%25-50% shares · 25-50% voting21/08/2023
Mr James Alexander Mewse
Individual · British · DOB 07/1950 · age 76
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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
Incorporated2007-05-09
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Bill Smith Accountants Unit B5, Davidson House
Campus 1, Aberdeen Innovation Park
Balgownie Road, Bridge Of Don
Aberdeen
AB22 8GT
Scotland

Filing status

Accounts
Next due: 2027-01-29
Last made up to: 2025-04-29
Confirmation statement
Next due: 2026-09-04
Last: 2025-08-21

Officers (2 active · 5 resigned)

MEWSE, Hazel→
director · ~68y · appointed 2023-08-21
View their other companies + combined net worth →
Active
MEWSE, James Alexander→
director · ~76y · appointed 2007-05-15
View their other companies + combined net worth →
Active
JACKSON, Darren→
secretary · appointed 2007-05-15 · resigned 2008-06-20
Resigned
FORM 10 SECRETARIES FD LTD→
corporate-nominee-secretary · appointed 2007-05-09 · resigned 2007-05-11
Resigned
JAMES AND GEORGE COLLIE LLP→
corporate-secretary · appointed 2008-06-20 · resigned 2019-05-28
Resigned
JACKSON, Darren→
director · ~41y · appointed 2007-05-15 · resigned 2008-06-20
Resigned
FORM 10 DIRECTORS FD LTD→
corporate-nominee-director · appointed 2007-05-09 · resigned 2007-05-11
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property18/06/200915/11/2013
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property27/06/200715/11/2013
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property07/06/200715/11/2013

Recent filings (68 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-08-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-21
appoint-person-director-company-with-name-date
officers · AP01
2023-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-13
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-17