GRANITE ELITE DEVELOPMENTS LTD
Opportunity 75/100 (strong), bankability 65/100. 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 (57/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 confirmation-statement
Corporate timeline (28 events)Click to expand
- 2025-08-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-08-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-08-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-08-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-08-11📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2025-08-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-01➖DAVIS, Stewart Christopher resigneddirector
- 2025-03-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-05➖MCLEAN, Gavin Alexander resigneddirector
- 2025-01-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-01-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-01-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-01-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-01-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-01➕ALLAN, Donna Louise appointeddirector
- 2025-01-01➖ALLAN, Donna Louise resigneddirector
- 2025-01-01➕DAVIS, Stewart Christopher appointeddirector
- 2025-01-01➕MCLEAN, Gavin Alexander appointeddirector
- 2025-01-01➖MCL BUSINESS SUPPORT SERVICES (SCOTLAND) LTD resignedcorporate-director
- 2024-12-05🏢Company incorporatedAs GRANITE ELITE DEVELOPMENTS LTD
- 2024-12-05➕FRASER, Craig John appointeddirector
- 2024-12-05➕FRASER, John appointeddirector
- 2024-12-05➕MCL BUSINESS SUPPORT SERVICES (SCOTLAND) LTD appointedcorporate-director
- 2024-12-05📄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.
- +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 1.5 years old — management layer unlikely to be developed.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- primaryFamily succession underway: Not a takeover target — FRASER, Craig John (same surname) appointed 2024-12-05. 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Craig John Fraser Individual · British · DOB 06/1984 · age 42 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/01/2025 |
Mr John Fraser Individual · British · DOB 12/1955 · age 71 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/01/2025 |
4 historic (ceased) PSCs
- Norsk Granite International Group Ltdceased 01/01/2025· 75-100% shares · 75-100% voting · board control · significant influence · firm interest
- Mr Gavin Alexander Mcleanceased 01/01/2025· 25-50% shares · 25-50% voting
- Mr Craig John Fraserceased 01/01/2025· 25-50% shares · 25-50% voting
- Mr John Fraserceased 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.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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| ASHLEY PROPERTIES ABERDEEN LIMITED→ SC315836 · est 2007 · no financials extracted | — | — | — | — | 19y | 83 | 78y |
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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 →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 (2 active · 4 resigned)
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