GRANT ROAD PROPERTIES LIMITED

💤Zombieactive
SC345209 · ltd · incorporated 2008-07-02
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
book net assets
Opportunity
78/100
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
Property-backed borrower with a 60-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 70/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

5 live charges · oldest 10.5y

45/100
under pressure

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

  • · Oldest live charge is 10.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
82
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£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Average employees00

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
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-06-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2017-06-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2017-04-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2017-04-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2017-04-12
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
  13. 2017-04-12
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  14. 2016-06-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-04-20
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  16. 2015-12-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2015-12-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2015-12-02
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  19. 2015-12-02
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  20. 2015-11-02
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  21. 2008-07-02
    🏢
    Company incorporated
    As GRANT ROAD PROPERTIES LIMITED
  22. 2008-07-02
    MORRISON, James Ross appointed
    director

Owner dependency

98/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +No director turnover: Company is 18 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

78/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 18 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 low
5 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr James Ross Morrison
Individual · Scottish · DOB 03/1966 · age 60
75100%
75-100% shares02/07/2016

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

8 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
Incorporated2008-07-02
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

56 Torridon Road
Broughty Ferry
Dundee
DD5 3JH

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-07-16
Last: 2025-07-02

Officers (1 active · 0 resigned)

MORRISON, James Ross
director · ~60y · appointed 2008-07-02
View their other companies + combined net worth →
Active

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

Mortgages & charges

5
Total charges
5
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property12/04/2017
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property12/04/2017
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property02/12/2015
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property02/12/2015
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge02/11/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (50 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-08-07