GRIMAS.CO.UK LIMITED

🌳Matureactive
SC471471 · ltd · incorporated 2014-03-03
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.
🔒Estimated value
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Turnover
year to Mar 2025
Net worth
£-16.3k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: SIC 46450
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 70/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 74). Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -39% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (4 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £16,334
Cash YoY
-39%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£3k
↓ 39% YoY
Net Worth
-£16k
↓ 2942% YoY
Current Assets
£51k
↑ 2.2% YoY
Current Liabilities
-£16k-£3k£10k£24k£37k£51kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£-16.3k£-537
Current assets£50.7k£49.6k
Cash£2.8k£4.5k
Net assets£-16.3k£-537

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 (21 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-08-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-10-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-08-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-03-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2017-01-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-03-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-12-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2015-06-15
    SAFDAR, Nicholas, Dhr appointed
    secretary
  15. 2015-06-15
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  16. 2015-03-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2014-03-03
    🏢
    Company incorporated
    As GRIMAS.CO.UK LIMITED
  18. 2014-03-03
    ASSENDELFT, Rutgerus Martines Maria appointed
    secretary
  19. 2014-03-03
    ASSENDELFT, Rutgerus Martines Maria appointed
    director
  20. 2014-03-03
    VAN HUIZEN, Gerardus Johannes appointed
    director
  21. 2014-03-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

73/100
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.
  • +Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

74/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 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 12 years.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-17

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mt Gerardus Johannes Van Huizen
Individual · Dutch · DOB 08/1978 · age 48
2550%
25–50%25-50% shares · 25-50% voting03/03/2017
Mr Rutgerus Martines Maria Assendeleft
Individual · Dutch · DOB 06/1952 · age 74
2550%
25–50%25-50% shares · 25-50% voting03/03/2017

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

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
Incorporated2014-03-03
Jurisdictionscotland
Primary SIC46450 — SIC 46450

Registered office

24 Pennywell Road
Edinburgh
EH4 4HD
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-03-17OVERDUE
Last: 2025-03-03

Officers (4 active · 0 resigned)

ASSENDELFT, Rutgerus Martines Maria
secretary · appointed 2014-03-03
View their other companies + combined net worth →
Active
SAFDAR, Nicholas, Dhr
secretary · appointed 2015-06-15
View their other companies + combined net worth →
Active
ASSENDELFT, Rutgerus Martines Maria
director · ~74y · appointed 2014-03-03
View their other companies + combined net worth →
Active
VAN HUIZEN, Gerardus Johannes
director · ~48y · appointed 2014-03-03
View their other companies + combined net worth →
Active

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

Recent filings (25 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-03-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-08-21