GRASSDRUM MANAGEMENT LTD
🏛️Establishedactive
SC644154 · ltd · incorporated 2019-10-10
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.
Why now
Window closing · high confidence
Getting harder to buy cheaply — 4 signals strengthening over the last 30 days.
- · Hygiene score: 70 → 90
- · Opportunity score: 64 → 72
- · Bankability: 65 → 75
- · Distress / opportunity: attractive → avoid
Opportunity decay
hardening · 6-months
Hardening — profile is tightening. If you want to act, do it before the window closes further.
- · 4 recent signals strengthening vs 0 weakening
What changed my view
Last 30 days
Picture improved over the last 30 days — 4 positive signals vs 0 negative.
- ↑Opportunity score: 64 → 72
- ↑Hygiene score: 70 → 90
- ↑Bankability: 65 → 75
- ↑Filings: 19 → 21
- ·Distress / opportunity: attractive → avoid
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 Oct 2024
Net worth
£59.6k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Residents property management
Sector: Activities of households
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
0 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
21 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
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £59,626
Cash YoY
+21%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£33k
↑ 21% YoY
Net Worth
£60k
↑ 41% YoY
Current Assets
£69k
↑ 36% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £59.6k | £42.2k |
| Current assets | £68.9k | £50.8k |
| Cash | £32.7k | £27.0k |
| Net assets | £59.6k | £42.2k |
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
7
filings
- • 3 persons-with-significant-control
- • 1 confirmation-statement
- • 1 capital
Last 180 days
7
filings
- • 3 persons-with-significant-control
- • 1 confirmation-statement
- • 1 capital
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2026-05-17📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2026-04-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-04-24📄capital-allotment-sharescapital · SH01
- 2026-04-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-04-23📄resolutionresolution · RESOLUTIONS
- 2026-04-17📄legacymiscellaneous · RPCH01
- 2025-12-31📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-12-30📄gazette-notice-compulsorygazette · GAZ1
- 2025-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-13📄resolutionresolution · RESOLUTIONS
- 2019-10-10🏢Company incorporatedAs GRASSDRUM MANAGEMENT LTD
- 2019-10-10➕POWELL, Reuben David appointeddirector
- 2019-10-10➕POWELL, Vari Eleanor Mowat appointeddirector
- 2019-10-10📄incorporation-companyincorporation · NEWINC
Owner dependency
71/100
High — earn-out structure requiredMaterial 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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Similar companies
Active · Holding company · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| THE TUITEAM COMPANY LIMITED→ SC189123 · est 1998 | £1.27M £1.08M–£1.46M | — | £1.27M | — | 27y | 83 | 85y |
| GLENDINNING ASSETS LIMITED→ SC185169 · est 1998 | £898.3k £763.5k–£1.03M | — | £898.3k | — | 28y | 82 | 69y |
| MDW SCOTLAND LTD→ SC206317 · est 2000 | £395.2k £335.9k–£454.5k | — | £395.2k | — | 26y | 82 | 76y |
| PWP HOLDINGS LIMITED→ SC177994 · est 1997 | £179.2k £152.3k–£206.1k | — | £179.2k | — | 28y | 82 | 67y |
| D.C. AGRICULTURAL HOLDINGS LIMITED→ SC215245 · est 2001 | £13.2k £11.2k–£15.2k | — | £13.2k | — | 25y | 82 | 71y |
| HISTORIC LOTHIAN PROTECTION & DEVELOPMENT LIMITED→ SC231712 · est 2002 | £9.4k £8.0k–£10.8k | — | £9.4k | — | 24y | 82 | 73y |
| CRAIGLEITH ELECTRONICS LIMITED→ SC162758 · est 1996 | £6.1k £5.2k–£7.0k | — | £6.1k | — | 30y | 82 | 71y |
| HOT SPRING PORTABLE SPAS (SCOTLAND) LIMITED→ SC148582 · est 1994 | £3.0k £2.6k–£3.5k | — | £3.0k | — | 32y | 82 | 65y |
| CP WAREHOUSING LIMITED→ SC247121 · est 2003 | £2.4k £2.0k–£2.7k | — | £2.4k | — | 23y | 83 | 79y |
| MURRAY CAPITAL GROUP LIMITED→ SC375630 · est 2010 | £1.0k £850–£1.1k | — | £1.0k | — | 16y | 82 | 75y |
| BALFOUR & MANSON PROPERTY LTD.→ SC041493 · est 1964 | £401 £341–£461 | — | £401 | — | 61y | 82 | 66y |
| DOW INVESTMENTS PLC→ SC125363 · est 1990 | — | — | — | 1363 | 36y | 85 | 69y |
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
Incorporated2019-10-10
Jurisdictionscotland
Primary SIC98000 — Residents property management
Registered office
168 Ferry Road
Edinburgh
EH6 4NS
United Kingdom
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-23
Last: 2025-10-09
Officers (2 active · 0 resigned)
POWELL, Reuben David→
Activedirector · ~54y · appointed 2019-10-10
View their other companies + combined net worth →
POWELL, Vari Eleanor Mowat→
Activedirector · ~53y · appointed 2019-10-10
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (21 total)
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2026-05-17
confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-24
capital-allotment-shares
capital · SH01
2026-04-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-24
resolution
resolution · RESOLUTIONS
2026-04-23
legacy
miscellaneous · RPCH01
2026-04-17
gazette-filings-brought-up-to-date
gazette · DISS40
2025-12-31
gazette-notice-compulsory
gazette · GAZ1
2025-12-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-21