GREY & CO. SOLICITORS LTD
💤Zombieactive
SC433331 · ltd · incorporated 2012-09-25
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 Mar 2025
Net worth
£25.4k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Solicitors
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
🏦
Refinance opportunity
1 live charge · oldest 13.5y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 13.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (69/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £25,383
Key financials
1 year extracted from filed iXBRL accountsCash
£44k
Net Worth
£25k
Current Assets
£65k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 |
|---|---|
| Total assets | £26.0k |
| Current assets | £64.7k |
| Cash | £44.0k |
| Debtors | £20.7k |
| Net assets | £25.4k |
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 (19 events)Click to expand
- 2025-08-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-09-17📄accounts-amended-with-made-up-dateaccounts · AAMD
- 2024-09-06📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-06-19📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-05-31📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-08-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-07-01📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-11-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-03-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-10-10📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-08-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-08-03📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2016-06-14📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-09-29📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-10-30🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2012-09-25🏢Company incorporatedAs GREY & CO. SOLICITORS LTD
- 2012-09-25➕GREY, Deirdre appointedsecretary
- 2012-09-25➕GREY, Andrew Neil appointeddirector
Owner dependency
95/100
Critical — business is the founderThe 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.
- +Founder name in company name: Company name contains director surname "GREY" — strong identity link between founder and business.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
58/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew Neil Grey Individual · British · DOB 07/1970 · age 56 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Professional services · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ENSOCENE LIMITED→ SC555265 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| EPC GRAMPIAN LTD.→ SC345145 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| FINDHORN INNOVATION RESEARCH & EDUCATION, CIC→ SC607337 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| FINSBAY HOLDINGS LIMITED→ SC803805 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| GASK CONTRACTORS LTD→ SC792922 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| GLOBAL HIGHLAND LIMITED→ SC497149 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| GMAC FINANCIAL PLANNING LTD→ SC595888 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| GRA PSYCHOLOGY LTD→ SC876669 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| GYROCOPTER EXPERIENCE PROFESSIONAL SERVICES LTD→ SC810266 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HARELAW LIMITED→ SC192833 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| HARRIS HYDROGELS LIMITED→ SC643660 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| HATCH ENERGY (GROUP) LTD→ SC449159 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
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
Incorporated2012-09-25
Jurisdictionscotland
Primary SIC69102 — Solicitors
Registered office
3 Old Mill Road
Inverness
IV2 3HR
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-09
Last: 2025-09-25
Officers (2 active · 0 resigned)
Active
GREY, Andrew Neil→
Activedirector · ~56y · appointed 2012-09-25
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 30/10/2012 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (34 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-26
accounts-amended-with-made-up-date
accounts · AAMD
2024-09-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-03
change-person-director-company-with-change-date
officers · CH01
2023-06-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-06-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-07-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-28