GRAY & ADAMS LIMITED

GRAY & ADAMS, SOUTH ROAD, FRASERBURGH, AB43 9HU

Company Number: SC047482
Incorporation date: 30-Apr-1970
Status: Active
Entity type: Private Limited Company

SIC codes:
29202 Manufacture of trailers and semi-trailers





SUMMARY

This company is 54 years old and is currently active. It is controlled by Gray & Adams Group Ltd. The company has positive equity (net assets) of GBP 44.4 million which has increased from GBP 39.6 million in the previous year. The company has 6 active officers (directors or partners) who are or were officers of 9 other companies. The company has no public disputes filed on the Business Disputes Register. There is one court case involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 31-Jan-2025
Accounts Filed: FULL (30-Apr-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
30-Apr-2023 GBP 6,000,156 2,407,500 1,580,216 6,827,440
30-Apr-2022 GBP 4,877,530 2,383,060 1,034,294 6,226,296
30-Apr-2020 GBP 112,230,140 3,103,833 10,205,000 16,446 566,399 12,725,988
30-Apr-2019 GBP 114,574,534 3,984,769 710,000 44,833 565,982 4,083,954
30-Apr-2018 GBP 105,801,737 2,810,824 110,000 -22,205 -243,664 2,654,955
30-Apr-2017 GBP 116,842,262 5,604,012 80,000 46,110 741,528 4,896,374
30-Apr-2016 GBP 101,181,324 4,608,033 50,471 86,798 779,260 3,792,446
30-Apr-2015 GBP 103,971,908 4,606,617 321 21,051 825,985 3,809,902
30-Apr-2014 GBP 93,687,283 2,482,773 45,615 491,376 1,969,782
30-Apr-2013 GBP 80,489,693 1,606,766 895 4,659 547,131 1,111,871
30-Apr-2012 GBP 90,026,788 2,533,536 11,635 443,624 2,128,277
30-Apr-2011 GBP 86,640,946 2,415,769 1,104 993 776,275 1,708,501
30-Apr-2010 GBP 70,392,066 987,348 1,104 5 6 18
30-Apr-2009 GBP 75,224,331 1,441,740 89,622 2,851 545,205 985,847


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
30-Apr-2023 GBP 8,477,506 60,999,673 32,394,381 24,000 44,361,002 44,401,002
30-Apr-2022 GBP 12,247,833 56,785,551 32,108,081 24,000 39,578,562 39,618,562
30-Apr-2021 GBP 24,000 34,752,266 34,792,266
30-Apr-2020 GBP 10,446,100 40,230,416 20,829,737 24,000 30,574,047 30,614,047
30-Apr-2019 GBP 12,825,485 45,491,793 35,247,748 24,000 16,000 19,854,559 19,894,559
30-Apr-2018 GBP 12,411,040 -31,969,519 24,000 16,000 16,753,938 16,793,938
30-Apr-2017 GBP 10,505,247 44,026,835 35 3,790 24,000 16,000 15,450,074
30-Apr-2016 GBP 8,777,457 36,671,571 32,992,920 26,105 24,000 16,000 11,303,700
30-Apr-2015 GBP 2,453,741 26,426,151 22,096,303 24,000 11,376,704 11,416,704
30-Apr-2014 GBP 5,402,601 31,136,894 28,764,523 24,000 9,473,754 9,513,754
30-Apr-2013 GBP 954,073 20,917,059 18,269,322 24,000 8,809,285 8,849,285
30-Apr-2012 GBP 1,661,936 19,922,171 16,952,595 24,000 9,399,627 9,439,627
30-Apr-2011 GBP 18 19 20
30-Apr-2010 GBP 24,000 7,402,798 7,442,798
30-Apr-2009 GBP 4,028,153 16,124,235 14,171,232 210,628 24,000 16,000 8,374,335 8,414,335

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
30-Apr-2012 GBP 99.93% 23,982 18 24,000 -818,959
30-Apr-2011 GBP -133,233.33% -23,982 24,000 18 12,009
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Andrew SUTHERLAND 31 May 2022 16 Apr 2024 1 - 0
Resigned John SMITH 30 Apr 2013 14 May 2022 0 - 1
Resigned Paul Watt MITCHELL 16 Nov 2011 30 Apr 2013 0 - 1
Resigned Derek SMITH 15 Mar 2010 16 Nov 2011 0 - 1
Resigned James Lawrence WATT 19 Oct 1990 15 Mar 2010 Company Director British 0 - 10
Resigned James Lawrence WATT 15 Mar 2010 British 0 - 10

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Andrew SUTHERLAND 14 Oct 2022 Finance Director British 6 - 00 (0.0%)
Active James Gordon GRAY 13 Dec 2021 Director British 1 - 00 (0.0%)
Resigned Mark Alexander GRANT 12 Aug 2013 09 May 2022 Financial Director British 0 - 70 (0.0%)
Resigned Paul Watt MITCHELL 16 Nov 2011 30 Apr 2013 Director British 18 - 167 (20.6%)
Active Martin GRAY 08 Oct 2010 Business Manager British 1 - 00 (0.0%)
Resigned Derek Robert SMITH 15 Mar 2010 16 Nov 2011 None British 1 - 112 (16.7%)
Active Lewis GRAY JUNIOR 20 Apr 2007 None British 2 - 10 (0.0%)
Resigned James Lawrence WATT 01 Dec 2004 15 Mar 2010 Finance Director British 0 - 100 (0.0%)
Resigned Lewis Beedie GRAY 31 May 2002 01 Apr 2015 Motor Body Builder British 0 - 60 (0.0%)
Resigned James Gilchrist ADAMS 02 Jun 1998 09 Jun 2001 Fridge Engineer British 0 - 10 (0.0%)
Resigned James GRAY 27 Mar 1992 31 May 2002 Motor Body Builder British 0 - 100 (0.0%)
Active Peter GRAY 08 Jun 1982 Motor Body Builder Scottish 8 - 10 (0.0%)
Resigned James GRAY 31 May 2002 Motor Body Builder British 0 - 100 (0.0%)
Active Peter GRAY Motor Body Builder Scottish 8 - 10 (0.0%)
Active James Joshua GRAY JUNIOR Motor Body Builder British 6 - 20 (0.0%)
Resigned Lewis Beedie GRAY 01 Apr 2015 Motor Body Builder British 0 - 60 (0.0%)
Resigned James Gunn ADAMS 02 Jun 1998 Motor Body Builder British 0 - 40 (0.0%)
Number of active directors: 7
Average tenure of active directors: 10.9 years
Average tenure of resigned directors: 4.3 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
VETERAN CAR COMPANY LIMITED (04336738) - Active
BRYCOL LIMITED (04991007) - Active
GRAY & ADAMS (IRELAND) LIMITED (NI015858) - Active
GRAY & ADAMS LIMITED (SC047482) - Active
GRAY & ADAMS (DUNFERMLINE) LIMITED (SC082971) - Active
GRAY & ADAMS (DONCASTER) LIMITED (SC128013) - Active
GRAY & ADAMS GROUP LIMITED (SC230241) - Active
GRAY & ADAMS HOLDINGS LIMITED (SC369620) - Active
GRAY & ADAMS (BEDFORD) LIMITED (SC380674) - Active
TREESPARK DEVELOPMENT CO LTD (SC502598) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-12-312014-12-312013-12-312012-12-312011-12-31
GRAY AND ADAMS GROUP LIMITEDORDINARY A16,000
66.7%
16,000
66.7%
16,000
66.7%
16,000
66.7%
16,000
66.7%
GRAY AND ADAMS GROUP LIMITEDORDINARY8,000
33.3%
8,000
33.3%
8,000
33.3%
8,000
33.3%
8,000
33.3%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

GRAY & ADAMS LIMITED

Controlled companies below

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2018-11-01 2019-04-30 % % 16917
2018-11-01 2019-04-30 37 13% 2% 16918
2017-05-01 2017-10-31 38 15% 8% 714


COURT CASES


Date Title Reference Subject
2019-03-11 Mr S Buckley v Gray and Adams Ltd [2019] UKET 4121250/2018 Breach of Contract

PATENTS


Title Date filed Status Publication number
Panel of refrigerated body and connection to trailer chassis 2015-04-10 Granted GB2526914

COMPETITORS

(Based on Sic code: 29202 Manufacture of trailers and semi-trailers)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
SDC TRAILERS LIMITED 116 DEERPARK ROAD, TOOMEBRIDGE, CO ANTRIM, BT41 3SS NI015713 2017-12-31 122,205,000 4,941,000
GRAY & ADAMS LIMITED GRAY & ADAMS, SOUTH ROAD, FRASERBURGH, SCOTLAND, AB43 9HU SC047482 2018-04-30 105,801,737 2,654,995
MONTRACON LIMITED CARR HILL, DONCASTER, DN4 8DE 00754248 2017-09-30 75,101,327 -2,923,525
DON-BUR (BODIES AND TRAILERS) LIMITED DON-BUR MOSSFIELD ROAD, ADDERLEY GREEN, LONGTON, STOKE ON TRENT, UNITED KINGDOM, ST3 5BW 01571914 2018-12-30 51,088,000 1,585,000
I. W. T. DEESIDE LIMITED ONE, ST PETER'S SQUARE, MANCHESTER, UNITED KINGDOM, M2 3DE 04829658 2017-03-31 39,747,360 0
BRIAN JAMES TRAILERS LIMITED CENTRAL CHAMBERS, 45-47 ALBERT STREET, RUGBY, WARWICKSHIRE, UNITED KINGDOM, CV21 2SG 03844151 2017-07-31 19,204,205 0
CROSSLAND TANKERS LIMITED 114,GROVE ROAD,, SWATRAGH,, CO.LONDONDERRY, BT46 5QZ NI018916 2017-09-30 17,903,727 0
STERLING GP LIMITED UNIT 7 BURDON WAY, STOKESLEY BUSINESS PARK, STOKESLEY, NORTH YORKSHIRE, UNITED KINGDOM, TS9 5PY 08582888 2017-07-31 5,196,389 0
JBF TOWING LTD REAR OF GREEN COTTAGE, LLANGUNNOR, CARMARTHEN, DYFED, WALES, SA31 2PG 10136267 2018-04-30 138,577 0
GRAY & ADAMS GROUP LIMITED GRAY & ADAMS GROUP LTD, SOUTH ROAD, FRASERBURGH, SCOTLAND, AB43 9HU SC230241 0000-00-00 0 0
GRAY & ADAMS HOLDINGS LIMITED SOUTH ROAD, SOUTH ROAD, FRASERBURGH, ABERDEENSHIRE, SCOTLAND, AB43 9HU SC369620 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
GRAY & ADAMS LIMITED 1.0% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.4% 2.7% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 1.8% 3.8% 7.0% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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