GEORGE MELDRUM & SON LTD

🌿Early-stageactive
SC800966 · ltd · incorporated 2024-02-28
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
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Turnover
year to Mar 2025
Net worth
£98.5k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Asset-holding vehicle with a 78-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 78). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (69/100)

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
6 filings
60
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.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £98,512

Key financials

1 year extracted from filed iXBRL accounts
Cash
£181k
Net Worth
£99k
Current Assets
£259k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-31
Total assets£243.1k
Current assets£258.9k
Cash£181.0k
Debtors£61.2k
Net assets£98.5k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2025-11-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-02
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  3. 2024-05-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-02-28
    🏢
    Company incorporated
    As GEORGE MELDRUM & SON LTD
  5. 2024-02-28
    MELDRUM, Colin appointed
    director
  6. 2024-02-28
    MURRAY, Andrew George appointed
    director
  7. 2024-02-28
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

93/100
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 name in company name: Company name contains director surname "MELDRUM" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 78 — succession pressure is live.
  • +Young company: Only 2.2 years old — management layer unlikely to be developed.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 78 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Colin Meldrum
Individual · British · DOB 03/1948 · age 78
2550%
75–100%board control75-100% shares · 75-100% voting · board control28/02/2024
Mr Andrew George Murray
Individual · British · DOB 09/1980 · age 46
2550%
25-50% shares28/02/2024

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2024-02-28
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

33 Leslie Street
Blairgowrie
PH10 6AW
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-13
Last: 2026-02-27

Officers (2 active · 0 resigned)

MELDRUM, Colin
director · ~78y · appointed 2024-02-28
View their other companies + combined net worth →
Active
MURRAY, Andrew George
director · ~46y · appointed 2024-02-28
View their other companies + combined net worth →
Active

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

Recent filings (6 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-06
change-account-reference-date-company-previous-extended
accounts · AA01
2025-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-02
incorporation-company
incorporation · NEWINC
2024-02-28