M G CARPETS LTD

🌳Matureactive

SC509805 · ltd · incorporated 2015-07-01

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jul 2025

Net worth

£4.4k

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Floor and wall covering

Sector: Construction

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -71% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

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

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

22 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

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

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £4,390

Net assets shrinking

Down £5,923 YoY

Cash draining

Cash down 71% YoY

Cash YoY

-71%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£2k

↓ 71% YoY

Net Worth

£4k

↓ 57% YoY

Current Assets

£23k

↓ 27% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-07-31	2024-07-31
Total assets	£14.7k	£27.6k
Current assets	£22.8k	£31.1k
Cash	£2.4k	£8.3k
Debtors	£13.5k	£16.9k
Net assets	£4.4k	£10.3k

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

filings

Last 90 days

filings

• 1 accounts
• 1 confirmation-statement

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (14 events)Click to expand

2026-04-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-03-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-12-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-12-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-07-01
🏢
Company incorporated
As M G CARPETS LTD
2015-07-01
➕
GRANT, Alison Louise appointed
director
2015-07-01
➕
GRANT, Michael Alexander appointed
director
2015-07-01
📄
incorporation-company
incorporation · NEWINC

Owner dependency

79/100

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 59 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

51/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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

Name	Shares	Voting rights	Nature of control	Notified
Mr Michael Alexander Grant Individual · British · DOB 11/1967 · age 59	—	—	sig. influencesignificant influence	14/07/2016
Mrs Alison Louise Grant Individual · British · DOB 07/1974 · age 52	—	—	sig. influencesignificant influence	14/07/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Construction · PH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BEAR SCOTLAND LIMITED→ SC206139 · est 2000	£13.00M £9.29M–£16.72M	—	—	—	26y	83	65y
G.S. BROWN CONSTRUCTION LIMITED→ SC047574 · est 1970	£3.14M £2.24M–£4.03M	—	—	46	55y	84	83y
A. PROCTOR GROUP LIMITED→ SC105054 · est 1987	£1.97M £1.40M–£2.53M	—	—	102	38y	88	60y
BALHOUSIE GLAZING LIMITED→ SC148115 · est 1993	—	—	£216.9k	—	32y	83	70y
ALGO (BLAIRGOWRIE) LIMITED→ SC166057 · est 1996	—	—	£5.05M	—	29y	82	85y
CALEDONIAN DEVELOPMENTS LTD.→ SC211941 · est 2000	—	—	—	200	25y	82	64y
CIOCH LIMITED→ SC169567 · est 1996	—	—	£62.8k	—	29y	82	76y
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GRM INVESTMENTS LIMITED→ SC346383 · est 2008	—	—	£31.7k	—	17y	82	65y
J. F. HALLEY & SON LIMITED→ SC282324 · est 2005	—	—	—	4	21y	82	66y
JAMES MOFFAT CONSTRUCTION LIMITED→ SC333711 · est 2007	—	—	£127.4k	—	18y	82	61y
LANDSTOCK HIGHLAND LIMITED→ SC154534 · est 1994	—	—	—	—	31y	82	84y

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

Incorporated2015-07-01

Jurisdictionscotland

Primary SIC43330 — Floor and wall covering

Registered office

34 Beachen Court

Grantown On Spey

Moray

PH26 3JD

United Kingdom

Filing status

Accounts

Next due: 2027-04-30

Last made up to: 2025-07-31

Confirmation statement

Next due: 2027-02-17

Last: 2026-02-03

Officers (2 active · 0 resigned)

GRANT, Alison Louise→

director · ~52y · appointed 2015-07-01

View their other companies + combined net worth →

Active

GRANT, Michael Alexander→

director · ~59y · appointed 2015-07-01

View their other companies + combined net worth →

Active

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

Recent filings (22 total)

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

accounts · AA

2026-04-15

confirmation-statement-with-updates

confirmation-statement · CS01

2026-03-16