GREYSTONES LETTINGS LTD

🌱Startupactive

SC852855 · ltd · incorporated 2025-06-19

Investment thesis

Property vehicle with leveraged stack — refinance / partial-release angle.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

65/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Buying and selling of own real estate

Sector: Real estate

ALSO REGISTERED FOR

68209Other letting and operating of own or leased real estate
68320Management of real estate on a fee or contract basis

Investor take

Pursue

Property-backed borrower. Reasonable fundamentals — worth a memo before deciding.

Opportunity 65/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

7 live charges · 2 lenders · oldest 0.3y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Newest facility, 0.3 years old — likely still in initial term.
· Two lenders — manageable, but coordination required.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (56/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 3 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

7 charges (7/7 with lender, 7/7 with type)

Directors & officers

1 officers (1 active, 1 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

13 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

65/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

• 3 mortgage

Last 180 days

filings

• 8 mortgage

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2026-02-02
📄
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-02
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-02
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-02
🔓
Charge satisfied #2
2026-01-28
🔒
Charge registered #7
Lender: Aldermore Bank PLC
2026-01-28
🔒
Charge registered #6
Lender: Aldermore Bank PLC
2026-01-23
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-23
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-23
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-23
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-23
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-22
🔒
Charge registered #5
Lender: The Aldermore Bank PLC
2026-01-22
🔒
Charge registered #4
Lender: The Aldermore Bank PLC
2026-01-22
🔒
Charge registered #3
Lender: The Aldermore Bank PLC
2026-01-22
🔒
Charge registered #2
Lender: Aldermore Bank PLC
2026-01-22
🔒
Charge registered #1
Lender: The Aldermore Bank PLC
2025-06-19
🏢
Company incorporated
As GREYSTONES LETTINGS LTD
2025-06-19
➕
AHMAD, Salaha Yaqoob appointed
director
2025-06-19
📄
change-person-director-company-with-change-date
officers · CH01
2025-06-19
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-19
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-19
📄
incorporation-company
incorporation · NEWINC

Owner dependency

80/100

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

+Sole director: Only one active director — all governance concentrated on one person.
+Young company: Only 0.9 years old — management layer unlikely to be developed.

Succession & seller-readiness

45/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med · 1 low

7 new charges in last 12 months

medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-01-28: A registered charge; 2026-01-28: A registered charge; 2026-01-22: A registered charge

6 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mrs Salaha Yaqoob Ahmad Individual · British · DOB 06/1972 · age 54	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	19/06/2025

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

Similar companies

Active · Property · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GOODLAD PROPERTIES LIMITED→ SC278555 · est 2005 · no financials extracted	—	—	—	—	21y	—	—
GORDON INVESTMENT CORPORATION LIMITED→ SC122112 · est 1989 · no financials extracted	—	—	—	—	36y	—	—
GRAMPIAN PROPERTY BUYERS LTD→ SC711109 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
GRAND PROPERTIES ABERDEEN LTD→ SC712912 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
GRANITE CITY RENTALS LTD→ SC824447 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
GREYMATTER PROPERTY INVESTMENTS LTD→ SC777380 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
H2N HOUSING LTD→ SC707055 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
HAIGH PROPERTY RENTALS LIMITED→ SC769569 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
HAMMERSMITH PROPERTIES LIMITED→ SC441198 · est 2013 · no financials extracted	—	—	—	—	13y	—	—
HAMR PROPERTIES LTD→ SC741450 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
HANDYL PROPERTIES LIMITED→ SC536421 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
HARDHAUGH PROPERTIES LIMITED→ SC686450 · est 2021 · no financials extracted	—	—	—	—	5y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

10 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

Incorporated2025-06-19

Jurisdictionscotland

Primary SIC68100 — Buying and selling of own real estate

Registered office

4 Rubislaw Terrace

Aberdeen

AB10 1XE

Scotland

Filing status

Accounts

Next due: 2027-03-19

Last made up to: —

Confirmation statement

Next due: 2026-08-07

Last: 2025-07-24

Officers (1 active · 0 resigned)

AHMAD, Salaha Yaqoob→

director · ~54y · appointed 2025-06-19

View their other companies + combined net worth →

Active

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:7 of 7 shown

		Type	Properties
outstanding	Aldermore Aldermore Bank PLC	A registered charge	2 properties	28/01/2026	—
outstanding	Aldermore Aldermore Bank PLC	A registered charge	2 properties	28/01/2026	—
outstanding	Aldermore The Aldermore Bank PLC	A registered charge	2 properties	22/01/2026	—
outstanding	Aldermore The Aldermore Bank PLC	A registered charge	1 property	22/01/2026	—
outstanding	Aldermore The Aldermore Bank PLC	A registered charge	2 properties	22/01/2026	—
satisfied	Aldermore Aldermore Bank PLC	A registered charge	2 properties	22/01/2026	02/02/2026
outstanding	Aldermore The Aldermore Bank PLC	A registered charge	2 properties	22/01/2026	—

Click column headers to sort. Use filters above to narrow by status and lender.