GRAY & GRAY PROPERTIES LIMITED
🌳Matureactive
SC513385 · ltd · incorporated 2015-08-18
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 6.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£978.6k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueAsset-holding vehicle with a 67-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 85/100. Strong seller-intent signal (78/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
4 live charges · oldest 6.4y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 6.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (80/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
38 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
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
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 £978,605
Cash YoY
+133%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£36k
↑ 133% YoY
Net Worth
£979k
↑ 5.2% YoY
Current Assets
£82k
↑ 415% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £994.6k | £956.1k |
| Current assets | £81.9k | £15.9k |
| Cash | £35.8k | £15.4k |
| Debtors | £46.0k | £531 |
| Net assets | £978.6k | £930.5k |
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 (29 events)Click to expand
- 2025-08-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-08-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-15🔓Charge satisfied #4
- 2023-11-15🔓Charge satisfied #3
- 2023-11-15🔓Charge satisfied #2
- 2023-11-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-03🔓Charge satisfied #1
- 2023-08-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-08-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-12-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-12-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-12-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-12-10🔒Charge registered #4Lender: Bank of Scotland PLC
- 2019-12-10🔒Charge registered #3Lender: Bank of Scotland PLC
- 2019-12-10🔒Charge registered #2Lender: Bank of Scotland PLC
- 2019-12-03🔒Charge registered #1Lender: Bank of Scotland PLC
- 2019-08-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2015-08-18🏢Company incorporatedAs GRAY & GRAY PROPERTIES LIMITED
- 2015-08-18➕GRAY, Richard Wayne appointeddirector
- 2015-08-18➕GRAY, Ruth Irene appointeddirector
Owner dependency
100/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "GRAY" — strong identity link between founder and business.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +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
61/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard Wayne Gray Individual · British · DOB 02/1959 · age 67 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 16/08/2016 |
Mrs Ruth Irene Gray Individual · British · DOB 07/1964 · age 62 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 16/08/2016 |
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 · Property · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| HIP MANAGEMENT LTD→ SC606008 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| HIP RENTALS LTD→ SC546514 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| HOCHY HOMES LIMITED→ SC554871 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| HODGE & BART PROPERTIES LTD→ SC875575 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HOMARNA ECOSTORE LIMITED→ SC254848 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| HOME INVESTMENT SOLUTIONS LTD→ SC607500 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| HOMEISH LIMITED→ SC657774 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| HSHF LTD→ SC668868 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| HUNTER CAIRD LTD→ SC475587 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| HURRIKANE PROPERTIES LIMITED→ SC655545 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| IJKM PROPERTIES LIMITED→ SC713113 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| INDIGO (SCOTLAND) LIMITED→ SC193859 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
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
Incorporated2015-08-18
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Dunearn House
Burntisland
Fife
KY3 0AH
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-08-31
Last: 2025-08-17
Officers (2 active · 0 resigned)
GRAY, Richard Wayne→
Activedirector · ~67y · appointed 2015-08-18
View their other companies + combined net worth →
GRAY, Ruth Irene→
Activedirector · ~62y · appointed 2015-08-18
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 10/12/2019 | 15/11/2023 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 10/12/2019 | 15/11/2023 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 10/12/2019 | 15/11/2023 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 03/12/2019 | 03/11/2023 |
Recent filings (38 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-22
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-15
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-15
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-15
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-03
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-19