GRM BODYCRAFT DUNDEE LTD

🏛️Establishedactive
SC671618 · ltd · incorporated 2020-08-20
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
Upgrade to see
Turnover
year to Mar 2025
Net worth
£313.5k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pursue
Strong 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: high (81/100)

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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 · accounting standard not declared
Positive net assets
Net assets £313,506
Net assets shrinking
Down £43,954 YoY
Cash YoY
-25%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£269k
↓ 25% YoY
Net Worth
£314k
↓ 12% YoY
Current Assets
£678k
↓ 13% YoY
Current Liabilities
£0£156k£313k£469k£626k£782kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£352.7k£402.0k
Current assets£678.2k£782.4k
Cash£269.1k£361.1k
Debtors£272.9k£275.2k
Net assets£313.5k£357.5k

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
3
filings
  • 3 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-12-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  2. 2025-12-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-12-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-10-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-10-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-10-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-12-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-09-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2022-09-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2022-08-01
    📄
    capital-allotment-shares
    capital · SH01
  11. 2021-12-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-08-26
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  13. 2020-08-20
    🏢
    Company incorporated
    As GRM BODYCRAFT DUNDEE LTD
  14. 2020-08-20
    MATTHEWS, Ryan Michael appointed
    director
  15. 2020-08-20
    RICHARDSON, Graeme Alexander appointed
    director
  16. 2020-08-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Wayne Alexander Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Wayne Alexander Holdings Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
GRM BODYCRAFT DUNDEE LTD
This company · SC671618

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Wayne Alexander Holdings Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control16/11/2022
2 historic (ceased) PSCs
  • Mr Graeme Alexander Richardsonceased 16/11/2022· 25-50% shares · 25-50% voting · board control
  • Mr Ryan Michael Matthewsceased 16/11/2022· 25-50% shares · 25-50% voting · board control

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

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
Incorporated2020-08-20
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

1 West Telferton
Edinburgh
EH7 6UL
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-02
Last: 2025-08-19

Officers (2 active · 0 resigned)

MATTHEWS, Ryan Michael
director · ~42y · appointed 2020-08-20
View their other companies + combined net worth →
Active
RICHARDSON, Graeme Alexander
director · ~56y · appointed 2020-08-20
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-12-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-03
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-02
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-09-05
change-person-director-company-with-change-date
officers · CH01
2022-09-05
capital-allotment-shares
capital · SH01
2022-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-02