GARRION BRIDGE DEVELOPMENTS LTD

🌿Early-stageactive
SC707075 · ltd · incorporated 2021-08-18
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
£100.0k
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 69/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (75/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review 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 £100,000
Very low cash
Cash position: £47

Key financials

1 year extracted from filed iXBRL accounts
Cash
£47
Net Worth
£100k
Current Assets
£127k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-31
Total assets£100.0k
Current assets£127.0k
Cash£47
Debtors£100.0k
Net assets£100.0k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-18
    📄
    capital-alter-shares-subdivision
    capital · SH02
  3. 2025-02-13
    📄
    capital-name-of-class-of-shares
    capital · SH08
  4. 2025-02-11
    📄
    memorandum-articles
    incorporation · MA
  5. 2025-02-11
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2025-02-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  7. 2024-11-14
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  8. 2024-11-14
    📄
    legacy
    capital · SH20
  9. 2024-11-14
    ⚠️
    legacy
    insolvency · CAP-SS
  10. 2024-11-14
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2024-07-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2024-04-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2024-04-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2024-04-29
    BARRETT, George Thomas appointed
    director
  15. 2024-04-29
    EDWARDS, Gareth Brendon appointed
    director
  16. 2024-04-29
    RAE, Andrew James appointed
    director
  17. 2024-04-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2023-05-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2022-08-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2021-08-18
    🏢
    Company incorporated
    As GARRION BRIDGE DEVELOPMENTS LTD
  21. 2021-08-18
    GILLIES, Iain Andrew appointed
    director
  22. 2021-08-18
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 75 — succession pressure is live.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.

Red flags

1 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2024-11-14: legacy

Group structure

Glencairn Projects Ltd holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️
Glencairn Projects Ltd
Corporate parent · holds 50-75% shares · board control
majority
GARRION BRIDGE DEVELOPMENTS LTD
This company · SC707075

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

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Glencairn Projects Ltd
Corporate entity
5075%
50–75%board control50-75% shares · 50-75% voting · board control11/02/2025
Mr Iain Andrew Gillies
Individual · British · DOB 07/1965 · age 61
2550%
25–50%board control25-50% shares · 25-50% voting · board control18/08/2021
Mr George Thomas Barrett
Individual · British · DOB 10/1951 · age 75
2550%
25–50%board control25-50% shares · 25-50% voting · board control18/08/2021

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

9 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
Incorporated2021-08-18
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

Unit 5 Lomond Business Park
Baltimore Road
Glenrothes
KY6 2PJ
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-30
Last: 2025-08-16

Officers (4 active · 0 resigned)

BARRETT, George Thomas
director · ~75y · appointed 2024-04-29
View their other companies + combined net worth →
Active
EDWARDS, Gareth Brendon
director · ~49y · appointed 2024-04-29
View their other companies + combined net worth →
Active
GILLIES, Iain Andrew
director · ~61y · appointed 2021-08-18
View their other companies + combined net worth →
Active
RAE, Andrew James
director · ~47y · appointed 2024-04-29
View their other companies + combined net worth →
Active

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

Recent filings (21 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-28
capital-alter-shares-subdivision
capital · SH02
2025-02-18
capital-name-of-class-of-shares
capital · SH08
2025-02-13
memorandum-articles
incorporation · MA
2025-02-11
resolution
resolution · RESOLUTIONS
2025-02-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-02-11
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-11-14
legacy
capital · SH20
2024-11-14
legacy
insolvency · CAP-SS
2024-11-14
resolution
resolution · RESOLUTIONS
2024-11-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-20
accounts-with-accounts-type-dormant
accounts · AA
2024-07-02
appoint-person-director-company-with-name-date
officers · AP01
2024-04-30
appoint-person-director-company-with-name-date
officers · AP01
2024-04-30