GRAY & ADAMS HOLDINGS LIMITED

🌳Matureactive
SC369620 · ltd · incorporated 2009-12-03
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No material changes in the last 90 days.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: SIC 29202
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (81/100)

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
Confirmed no charges registered
85
Directors & officers
13 officers (5 active, 13 linked, 8 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
57 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
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
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 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-022024-04-26
Average employees00

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
0
filings
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2025-12-26
    📄
    accounts-with-accounts-type-group
    accounts · AA
  2. 2024-12-26
    📄
    accounts-with-accounts-type-group
    accounts · AA
  3. 2023-12-28
    📄
    accounts-with-accounts-type-group
    accounts · AA
  4. 2023-10-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-01-09
    📄
    accounts-with-accounts-type-group
    accounts · AA
  6. 2022-10-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2022-10-14
    ➕
    SUTHERLAND, Andrew appointed
    director
  8. 2022-06-14
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2022-06-14
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  10. 2022-05-31
    ➕
    SUTHERLAND, Andrew appointed
    secretary
  11. 2022-05-14
    ➖
    SMITH, John resigned
    secretary
  12. 2022-05-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2022-05-09
    ➖
    GRANT, Mark Alexander resigned
    director
  14. 2021-12-29
    📄
    accounts-with-accounts-type-group
    accounts · AA
  15. 2020-12-18
    📄
    accounts-with-accounts-type-group
    accounts · AA
  16. 2019-12-31
    📄
    accounts-with-accounts-type-group
    accounts · AA
  17. 2019-04-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2018-12-20
    📄
    accounts-with-accounts-type-group
    accounts · AA
  19. 2018-01-04
    📄
    accounts-with-accounts-type-group
    accounts · AA
  20. 2015-04-01
    ➖
    B GRAY, Lewis resigned
    director
  21. 2013-08-12
    ➕
    GRANT, Mark Alexander appointed
    director
  22. 2013-04-30
    ➖
    MITCHELL, Paul Watt resigned
    secretary
  23. 2013-04-30
    ➕
    SMITH, John appointed
    secretary
  24. 2013-04-30
    ➖
    MITCHELL, Paul Watt resigned
    director
  25. 2011-11-16
    ➕
    MITCHELL, Paul Watt appointed
    secretary
  26. 2011-11-16
    ➖
    SMITH, Derek resigned
    secretary
  27. 2011-11-16
    ➕
    MITCHELL, Paul Watt appointed
    director
  28. 2010-03-15
    ➕
    SMITH, Derek appointed
    secretary
  29. 2010-03-03
    ➖
    SF SECRETARIES LTD resigned
    corporate-secretary
  30. 2009-12-07
    ➖
    GRAY JUNIOR, Lewis resigned
    director
  31. 2009-12-03
    🏢
    Company incorporated
    As GRAY & ADAMS HOLDINGS LIMITED
  32. 2009-12-03
    ➕
    GRAY, Peter appointed
    director
  33. 2009-12-03
    ➕
    GRAY JUNIOR, James Joshua appointed
    director
  34. 2009-12-03
    ➕
    PHILPOT, Marie Frances appointed
    director
  35. 2009-12-03
    ➕
    SF SECRETARIES LTD appointed
    corporate-secretary
  36. 2009-12-03
    ➕
    B GRAY, Lewis appointed
    director
  37. 2009-12-03
    ➕
    GRAY JUNIOR, Lewis appointed
    director

Owner dependency

80/100
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
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder name in company name: Company name contains director surname "GRAY" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

83/100
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 71 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Peter Gray
Individual · Scottish · DOB 05/1958 · age 68
25–50%
—25-50% shares06/04/2016
Mr James Joshua Gray
Individual · British · DOB 07/1955 · age 71
25–50%
—25-50% 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 →

Similar companies

Active · Manufacturing · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
GRAY & ADAMS LIMITED→
SC047482 · est 1970
£75.13M
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——50256y8771y
GRAY & ADAMS GROUP LIMITED→
SC230241 · est 2002
£53.82M
£41.86M–£65.78M
——024y8571y
GRAY & ADAMS (DUNFERMLINE) LIMITED→
SC082971 · est 1983
£17.07M
£13.28M–£20.87M
——10643y8571y
GRAY & ADAMS (DONCASTER) LIMITED→
SC128013 · est 1990
£16.62M
£12.93M–£20.32M
——10135y8771y
INTERWELL LIMITED→
SC391140 · est 2011
£10.98M
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£33.44M—780015y9160y
EBLAST LIMITED→
SC202165 · est 1999
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£11.11M—740026y83—
ROTECH SUBSEA LIMITED→
SC451221 · est 2013
£6.41M
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£17.20M—480013y8458y
DALES ENGINEERING SERVICES LIMITED→
SC107948 · est 1987
£6.22M
£4.84M–£7.60M
£21.87M—1100038y9370y
SUPERIOR ENERGY SERVICES LIMITED→
SC259694 · est 2003
£6.15M
£4.78M–£7.51M
£1.45M—150022y9460y
IMENCO UK LIMITED→
SC372021 · est 2010
£5.97M
£4.64M–£7.29M
£17.33M—1150016y9571y
TGT OILFIELD SERVICES UK LIMITED→
SC427554 · est 2012
£2.26M
£1.76M–£2.76M
£9.93M—300014y8461y
VECTOR SUPPLIES LIMITED→
SC103810 · est 1987
£1.63M
£1.27M–£1.99M
——1639y8571y
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
Incorporated2009-12-03
Jurisdictionscotland
Primary SIC29202 — SIC 29202

Registered office

South Road
South Road
Fraserburgh
Aberdeenshire
AB43 9HU
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-05-02
Confirmation statement
Next due: 2026-12-17
Last: 2025-12-03

Officers (5 active · 8 resigned)

SUTHERLAND, Andrew→
secretary · appointed 2022-05-31
View their other companies + combined net worth →
Active
GRAY, Peter→
director · ~68y · appointed 2009-12-03
View their other companies + combined net worth →
Active
GRAY JUNIOR, James Joshua→
director · ~71y · appointed 2009-12-03
View their other companies + combined net worth →
Active
PHILPOT, Marie Frances→
director · ~57y · appointed 2009-12-03
View their other companies + combined net worth →
Active
SUTHERLAND, Andrew→
director · ~40y · appointed 2022-10-14
View their other companies + combined net worth →
Active
MITCHELL, Paul Watt→
secretary · appointed 2011-11-16 · resigned 2013-04-30
Resigned
SMITH, Derek→
secretary · appointed 2010-03-15 · resigned 2011-11-16
Resigned
SMITH, John→
secretary · appointed 2013-04-30 · resigned 2022-05-14
Resigned
SF SECRETARIES LTD→
corporate-secretary · appointed 2009-12-03 · resigned 2010-03-03
Resigned
B GRAY, Lewis→
director · ~81y · appointed 2009-12-03 · resigned 2015-04-01
Resigned
GRANT, Mark Alexander→
director · ~58y · appointed 2013-08-12 · resigned 2022-05-09
Resigned
GRAY JUNIOR, Lewis→
director · ~58y · appointed 2009-12-03 · resigned 2009-12-07
Resigned
MITCHELL, Paul Watt→
director · ~57y · appointed 2011-11-16 · resigned 2013-04-30
Resigned

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

Recent filings (57 total)

accounts-with-accounts-type-group
accounts · AA
2025-12-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-03
accounts-with-accounts-type-group
accounts · AA
2024-12-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-11
accounts-with-accounts-type-group
accounts · AA
2023-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-15
change-person-director-company-with-change-date
officers · CH01
2023-10-19
accounts-with-accounts-type-group
accounts · AA
2023-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-15
appoint-person-director-company-with-name-date
officers · AP01
2022-10-24
termination-secretary-company-with-name-termination-date
officers · TM02
2022-06-14
appoint-person-secretary-company-with-name-date
officers · AP03
2022-06-14
termination-director-company-with-name-termination-date
officers · TM01
2022-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-10
accounts-with-accounts-type-group
accounts · AA
2021-12-29