GREENHILL PRODUCE LIMITED

💤Zombieactive
SC528328 · ltd · incorporated 2016-03-01
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
£2.42M
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 10310
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 6.5y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 6.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
85
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 £2,420,715
Cash YoY
-3%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£129k
↓ 3.1% YoY
Net Worth
£2.4m
↑ 25% YoY
Current Assets
Current Liabilities
£0£484k£968k£1.5m£1.9m£2.4mMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Cash£129.0k£133.1k
Net assets£2.42M£1.93M

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
2
filings
  • 1 address
  • 1 officers
Last 180 days
3
filings
  • 1 address
  • 1 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-04-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-04-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-03-31
    GREENHILL, James Strachan resigned
    director
  4. 2025-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-01-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-02-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-02-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2022-02-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2022-02-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2022-02-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2021-05-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2021-05-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2021-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2020-10-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2020-10-02
    🔓
    Charge satisfied #2
  19. 2020-02-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2020-01-31
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2020-01-29
    🔒
    Charge registered #2
    Lender: Seagreen Wind Energy Limited
  22. 2019-12-24
    🔒
    Charge registered #1
    Lender: The Agricultural Mortgage Corporation PLC
  23. 2017-09-18
    GREENHILL, Thomas Balfour Esplin resigned
    director
  24. 2016-03-02
    GREENHILL, Alexander Grant Brough appointed
    director
  25. 2016-03-02
    GREENHILL, Thomas Balfour Esplin appointed
    director
  26. 2016-03-01
    🏢
    Company incorporated
    As GREENHILL PRODUCE LIMITED
  27. 2016-03-01
    GREENHILL, James Strachan appointed
    director

Owner dependency

100/100
Critical — business is the founder

The 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 "GREENHILL" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

80/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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
NameSharesVoting rightsNature of controlNotified
Alexander Grant Brough Greenhill
Individual · British · DOB 06/1954 · age 72
2550%
25–50%25-50% shares · 25-50% voting31/05/2018
James Strachan Greenhill
Individual · Scottish · DOB 07/1965 · age 61
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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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
Incorporated2016-03-01
Jurisdictionscotland
Primary SIC10310 — SIC 10310

Registered office

Westhall Farm
Kellas
By Dundee
Angus
DD5 3PD
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-03-14
Last: 2026-02-28

Officers (1 active · 2 resigned)

GREENHILL, Alexander Grant Brough
director · ~72y · appointed 2016-03-02
View their other companies + combined net worth →
Active
GREENHILL, James Strachan
director · ~61y · appointed 2016-03-01 · resigned 2026-03-31
Resigned
GREENHILL, Thomas Balfour Esplin
director · ~75y · appointed 2016-03-02 · resigned 2017-09-18
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Seagreen Wind Energy / Seagreen Alpha Wind Energy / Seagreen Bravo Wind Energy
Seagreen Wind Energy Limited / Seagreen Alpha Wind Energy Limited / Seagreen Bravo Wind Energy Limited
A registered charge2 properties29/01/202002/10/2020
outstanding
The Agricultural Mortgage Corporation
The Agricultural Mortgage Corporation PLC
A registered charge1 property24/12/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (38 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-09
termination-director-company-with-name-termination-date
officers · TM01
2026-04-09
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-03
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-02-28
change-person-director-company-with-change-date
officers · CH01
2022-02-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-02-28