GRANITE GROUP(SCOTLAND) LTD
- · Hygiene score: 90 → 70
- · Opportunity score: 66 → 58
- · Bankability: 70 → 60
- · Distress / opportunity: avoid → speculative
- · 3 recent signals weakening vs 0 strengthening
Picture worsened over the last 30 days — 3 negative signals vs 0 positive.
- ↓Opportunity score: 66 → 58
- ↓Hygiene score: 90 → 70
- ↓Bankability: 70 → 60
- ·Distress / opportunity: avoid → speculative
No snapshot from 90 days ago — start tracking from today.
No snapshot from 180 days ago — start tracking from today.
Opportunity 58/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (70/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 address
Corporate timeline (11 events)Click to expand
- 2026-02-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-08-20✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2025-07-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-03-06✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2025-01-22✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2024-10-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-09-05✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2024-04-22✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-10-20🏢Company incorporatedAs GRANITE GROUP(SCOTLAND) LTD
- 2023-10-20➕WEMYSS, John appointeddirector
- 2023-10-20📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Young company: Only 2.7 years old — management layer unlikely to be developed.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high · 1 med · 1 lowAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-05-04
Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2025-08-20: certificate-change-of-name-company; 2025-03-06: certificate-change-of-name-company
Multiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
John Wemyss Individual · British · DOB 05/1979 · age 47 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 20/10/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
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