SALT AND GRIT SOLUTIONS LTD

🌳Matureactive

SC385185 · ltd · incorporated 2010-09-10

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 Apr 2025

Net worth

£200

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: Non-specialised wholesale trade

Sector: Wholesale & retail

ALSO REGISTERED FOR

47990Other retail sale not in stores, stalls or markets

Investor take

Pursue

Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (65/100, director aged 61). 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 (73/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 15.5y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 15.5 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (73/100)

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

Company profile

address, 2 SIC codes, incorporation date

100

Financials

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

5 officers (2 active, 5 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

6 connected companies via shared directors

Filing history

58 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

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 · accounting standard not declared

Positive net assets

Net assets £200

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

£200

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-04-30
Total assets	£200
Debtors	£200
Net assets	£200

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

🔒Filing-note intelligence

4 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

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (35 events)Click to expand

2026-01-14
📄
accounts-with-accounts-type-dormant
accounts · AA
2025-07-29
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-20
📄
accounts-with-accounts-type-small
accounts · AA
2024-01-10
📄
accounts-with-accounts-type-small
accounts · AA
2023-01-10
📄
accounts-with-accounts-type-small
accounts · AA
2022-11-18
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-18
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-11-18
🔓
Charge satisfied #3
2022-11-04
🔒
Charge registered #4
Lender: Santander UK PLC
2021-11-11
📄
accounts-with-accounts-type-small
accounts · AA
2021-02-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-10
📄
change-account-reference-date-company-current-shortened
accounts · AA01
2020-11-10
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2020-11-09
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-11-09
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-09-24
📄
memorandum-articles
incorporation · MA
2020-09-24
📄
resolution
resolution · RESOLUTIONS
2020-09-23
📄
change-person-director-company-with-change-date
officers · CH01
2020-09-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-09-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-09-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-09-21
🔓
Charge satisfied #2
2020-09-21
🔓
Charge satisfied #1
2020-09-16
➕
LANE, Anne appointed
director
2020-09-16
➕
MARSHALL, Gregorie Charles appointed
director
2020-09-16
➖
SMITH, James Laird resigned
secretary
2020-09-16
➖
SMITH, Angela Christina resigned
director
2020-09-16
➖
SMITH, James Laird resigned
director
2020-09-16
🔒
Charge registered #3
Lender: The Royal Bank of Scotland PLC
2011-07-22
🔒
Charge registered #2
Lender: Clydesdale Bank PLC
2010-10-22
🔒
Charge registered #1
Lender: Clydesdale Bank PLC
2010-09-10
🏢
Company incorporated
As SALT AND GRIT SOLUTIONS LTD
2010-09-10
➕
SMITH, James Laird appointed
secretary
2010-09-10
➕
SMITH, Angela Christina appointed
director
2010-09-10
➕
SMITH, James Laird appointed
director

Owner dependency

66/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

56/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

J.C. Peacock & Co., Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

J.C. Peacock & Co., Limited

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

ultimate parent

⬇

SALT AND GRIT SOLUTIONS LTD

This company · SC385185

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
J.C. Peacock & Co., Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	16/09/2020

2 historic (ceased) PSCs

Mr James Laird Smithceased 16/09/2020· 25-50% shares · 25-50% voting
Mrs Angela Christina Smithceased 16/09/2020· 25-50% shares · 25-50% voting

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 · Wholesale & distribution · KA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
DURACARE LIMITED→ SC550705 · est 2016	£8.14M £6.11M–£10.18M	—	—	5900	9y	84	76y
NOBEL NC EUROPE LIMITED→ SC355464 · est 2009	£5.56M £4.17M–£6.95M	—	—	9	17y	85	81y
NOBEL TRADING LIMITED→ SC245627 · est 2003	£4.40M £3.30M–£5.50M	—	—	0	23y	85	81y
COASTLINE ADHESIVE TAPES LIMITED→ SC163345 · est 1996	—	—	£1.01M	—	30y	83	65y
GCBW CATRINE LTD→ SC022403 · est 1943 · no financials extracted	—	—	—	—	82y	83	74y
INTER DEPENDENT PURCHASING LIMITED→ SC290783 · est 2005	—	—	£165.9k	—	20y	83	63y
A. DEWAR RATTRAY LIMITED→ SC021038 · est 1939	—	—	£1.02M	—	86y	82	87y
CUNNINGHAM TRUCK PARTS LIMITED→ SC285268 · est 2005	—	—	£1.01M	—	20y	82	58y
RST SALTCOATS LTD→ SC807879 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
SBOX MUSIC LIMITED→ SC876979 · est 2026 · no financials extracted	—	—	—	—	—	—	—
SMS OIL & GAS LIMITED→ SC263131 · est 2004 · no financials extracted	—	—	—	—	22y	—	—
TC COLLECTIVE LTD→ SC867186 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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

Incorporated2010-09-10

Jurisdictionscotland

Primary SIC46900 — Non-specialised wholesale trade

Registered office

North Harbour

Ayr

Ayrshire

KA8 8AE

Scotland

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2026-09-24

Last: 2025-09-10

Officers (2 active · 3 resigned)

LANE, Anne→

director · ~61y · appointed 2020-09-16

View their other companies + combined net worth →

Active

MARSHALL, Gregorie Charles→

director · ~50y · appointed 2020-09-16

View their other companies + combined net worth →

Active

SMITH, James Laird→

secretary · appointed 2010-09-10 · resigned 2020-09-16

Resigned

SMITH, Angela Christina→

director · ~62y · appointed 2010-09-10 · resigned 2020-09-16

Resigned

SMITH, James Laird→

director · ~64y · appointed 2010-09-10 · resigned 2020-09-16

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:4 of 4 shown

		Type	Properties
outstanding	Santander Santander UK PLC	A registered charge	—	04/11/2022	—
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	A registered charge	—	16/09/2020	18/11/2022
satisfied	Virgin Money Clydesdale Bank PLC	Floating charge	1 property	22/07/2011	21/09/2020
satisfied	Virgin Money Clydesdale Bank PLC	Floating charge	1 property	22/10/2010	21/09/2020

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (58 total)

accounts-with-accounts-type-dormant

accounts · AA

2026-01-14

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-09-30

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2025-07-29

accounts-with-accounts-type-small

accounts · AA

2024-11-20

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-09-10

accounts-with-accounts-type-small

accounts · AA

2024-01-10

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-09-11

accounts-with-accounts-type-small

accounts · AA

2023-01-10

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2022-11-18

mortgage-satisfy-charge-full

mortgage · MR04

2022-11-18

confirmation-statement-with-updates

confirmation-statement · CS01

2022-09-12

accounts-with-accounts-type-small

accounts · AA

2021-11-11

confirmation-statement-with-updates

confirmation-statement · CS01

2021-09-14

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-02-18

confirmation-statement-with-updates

confirmation-statement · CS01

2020-11-17