GRANITE ELITE MEDICAL LIMITED

🌿Early-stageactive
SC797798 · ltd · incorporated 2024-02-05
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 75/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (73/100)

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
6 officers (2 active, 6 linked, 6 with DOB)
90
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-31

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-08-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-08-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-08-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2025-08-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2025-08-11
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  7. 2025-08-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-08-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-08-01
    DAVIS, Stewart Christopher resigned
    director
  10. 2025-03-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2025-03-05
    MCLEAN, Gavin Alexander resigned
    director
  12. 2025-01-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  13. 2025-01-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2025-01-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2025-01-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2025-01-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2025-01-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2025-01-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2025-01-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2025-01-05
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  21. 2025-01-01
    FRASER, Craig John appointed
    director
  22. 2025-01-01
    ALLAN, Donna Louise appointed
    director
  23. 2025-01-01
    ALLAN, Donna Louise resigned
    director
  24. 2025-01-01
    DAVIS, Stewart Christopher appointed
    director
  25. 2025-01-01
    MCLEAN, Gavin Alexander appointed
    director
  26. 2024-12-31
    ABOUD, Jonathan resigned
    director
  27. 2024-02-05
    🏢
    Company incorporated
    As GRANITE ELITE MEDICAL LIMITED
  28. 2024-02-05
    FRASER, John appointed
    director
  29. 2024-02-05
    ABOUD, Jonathan appointed
    director
  30. 2024-02-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

86/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 71 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 2.2 years old — management layer unlikely to be developed.

Succession & seller-readiness

26/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — FRASER, Craig John (same surname) appointed 2025-01-01. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Craig John Fraser
Individual · British · DOB 06/1984 · age 42
2550%
25–50%board control25-50% shares · 25-50% voting · board control01/01/2025
Mr John Fraser
Individual · British · DOB 12/1955 · age 71
2550%
25–50%board control25-50% shares · 25-50% voting · board control01/01/2025
3 historic (ceased) PSCs
  • Norsk Granite International Group Ltdceased 01/01/2025· 75-100% shares · 75-100% voting · board control · significant influence · firm interest
  • Mr John Fraserceased 01/01/2025· 25-50% shares · 25-50% voting
  • Mr Jonathan Aboudceased 01/01/2025· 25-50% shares · 25-50% voting

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
Incorporated2024-02-05
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

2 Union Terrace
Aberdeen
AB10 1NJ
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-19
Last: 2026-01-05

Officers (2 active · 4 resigned)

FRASER, Craig John
director · ~42y · appointed 2025-01-01
View their other companies + combined net worth →
Active
FRASER, John
director · ~71y · appointed 2024-02-05
View their other companies + combined net worth →
Active
ABOUD, Jonathan
director · ~46y · appointed 2024-02-05 · resigned 2024-12-31
Resigned
ALLAN, Donna Louise
director · ~49y · appointed 2025-01-01 · resigned 2025-01-01
Resigned
DAVIS, Stewart Christopher
director · ~63y · appointed 2025-01-01 · resigned 2025-08-01
Resigned
MCLEAN, Gavin Alexander
director · ~39y · appointed 2025-01-01 · resigned 2025-03-05
Resigned

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
2026-01-17
accounts-with-accounts-type-dormant
accounts · AA
2025-09-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-08-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-08-17
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-08-11
termination-director-company-with-name-termination-date
officers · TM01
2025-08-08
termination-director-company-with-name-termination-date
officers · TM01
2025-08-08
termination-director-company-with-name-termination-date
officers · TM01
2025-03-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-01-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-05
appoint-person-director-company-with-name-date
officers · AP01
2025-01-05