gray development company limited
gray development company limited Company Information
Company Number
SC172764
Next Accounts
Sep 2025
Industry
Management consultancy activities (other than financial management)
Shareholders
mhs group (holdings) ltd
Group Structure
View All
Contact
Registered Address
unit 1 minto drive, altens, aberdeen, AB12 3LW
Website
http://scania.co.ukgray development company limited Estimated Valuation
Pomanda estimates the enterprise value of GRAY DEVELOPMENT COMPANY LIMITED at £0 based on a Turnover of £0 and 0.54x industry multiple (adjusted for size and gross margin).
gray development company limited Estimated Valuation
Pomanda estimates the enterprise value of GRAY DEVELOPMENT COMPANY LIMITED at £0 based on an EBITDA of £-120 and a 4.17x industry multiple (adjusted for size and gross margin).
gray development company limited Estimated Valuation
Pomanda estimates the enterprise value of GRAY DEVELOPMENT COMPANY LIMITED at £2.1m based on Net Assets of £783.2k and 2.68x industry multiple (adjusted for liquidity).
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Gray Development Company Limited Overview
Gray Development Company Limited is a live company located in aberdeen, AB12 3LW with a Companies House number of SC172764. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in February 1997, it's largest shareholder is mhs group (holdings) ltd with a 100% stake. Gray Development Company Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Gray Development Company Limited Health Check
Pomanda's financial health check has awarded Gray Development Company Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 1 areas for improvement. Company Health Check FAQs
2 Strong
0 Regular
1 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Gray Development Company Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Gray Development Company Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
- Gray Development Company Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Gray Development Company Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Gray Development Company Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Gray Development Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 218 weeks, this is more cash available to meet short term requirements (24 weeks)
- - Gray Development Company Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.1%, this is a lower level of debt than the average (55.9%)
- - Gray Development Company Limited
- - Industry AVG
GRAY DEVELOPMENT COMPANY LIMITED financials
Gray Development Company Limited's latest turnover from December 2023 is 0 and the company has net assets of £783.2 thousand. According to their latest financial statements, we estimate that Gray Development Company Limited has 1 employee and maintains cash reserves of £3.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,862,445 | 8,381,962 | 0 | 0 | 70,000 | 70,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 5,258,999 | 4,992,550 | ||||||||
| Gross Profit | 0 | 0 | 0 | 0 | 0 | 3,603,446 | 3,389,412 | ||||||||
| Admin Expenses | 0 | 0 | 0 | 0 | 0 | -59,492 | 219,187 | ||||||||
| Operating Profit | -120 | -30 | 0 | 0 | 0 | 0 | 0 | -6,105 | 3,662,938 | 3,170,225 | 79,500 | 69,500 | 69,500 | 69,985 | |
| Interest Payable | 0 | 0 | 0 | 15 | 60 | 60 | 90 | 70 | 132 | 259,621 | 353,282 | 1,026 | 3,134 | 4,671 | 10,441 |
| Interest Receivable | 0 | 0 | 0 | 7 | 5,000 | 0 | 0 | 0 | 0 | 7,469 | 21,937 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 749,880 | -30 | -191 | -8 | 4,940 | -60 | -90 | -70 | -6,237 | 3,410,786 | 2,838,880 | 79,440 | 69,237 | 69,499 | 69,894 |
| Tax | 0 | 0 | 0 | 0 | -939 | 4 | 372 | -341 | 1,263 | -749,528 | -532,439 | -15,806 | -14,390 | -14,513 | -14,678 |
| Profit After Tax | 749,880 | -30 | -191 | -8 | 4,001 | -56 | 282 | -411 | -4,974 | 2,661,258 | 2,306,441 | 63,634 | 54,847 | 54,986 | 55,216 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 749,880 | -30 | -191 | -8 | 4,001 | -56 | 282 | -411 | -4,974 | 2,661,258 | 2,306,441 | 63,634 | 54,847 | 54,986 | 55,216 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,190,416 | 1,102,468 | |||||
| Number Of Employees | 2 | 2 | 31 | 28 | 2 | 2 | 2 | 2 | |||||||
| EBITDA* | -120 | -30 | 0 | 0 | 0 | 0 | 0 | -6,105 | 5,870,298 | 5,323,557 | 79,500 | 69,500 | 69,500 | 69,985 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,183,193 | 14,314,945 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 425,175 | 425,175 | 425,175 | 425,175 | 425,175 | 425,175 | 425,175 | 425,175 | 425,175 | 0 | 0 | 425,175 | 425,175 | 425,175 | 425,175 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 425,175 | 425,175 | 425,175 | 425,175 | 425,175 | 425,175 | 425,175 | 425,175 | 425,175 | 13,183,193 | 14,314,945 | 425,175 | 425,175 | 425,175 | 425,175 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36,116 | 88,154 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,838,452 | 1,658,455 | 0 | 0 | 4,207 | 4,051 |
| Group Debtors | 355,000 | 355,000 | 0 | 1,305 | 350,359 | 351,298 | 351,294 | 350,922 | 351,263 | 877,971 | 189,384 | 244,471 | 315,026 | 147,071 | 197,571 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 75,628 | 28,829 | 0 | 0 | 0 | 0 |
| Cash | 3,940 | 4,060 | 359,090 | 357,976 | 7,991 | 8,051 | 8,111 | 8,201 | 8,271 | 2,288,602 | 3,103,422 | 21,676 | 133,795 | 160,792 | 53,307 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 358,940 | 359,060 | 359,090 | 359,281 | 358,350 | 359,349 | 359,405 | 359,123 | 359,534 | 5,116,769 | 5,068,244 | 266,147 | 448,821 | 312,070 | 254,929 |
| total assets | 784,115 | 784,235 | 784,265 | 784,456 | 783,525 | 784,524 | 784,580 | 784,298 | 784,709 | 18,299,962 | 19,383,189 | 691,322 | 873,996 | 737,245 | 680,104 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 558,844 | 1,887,317 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32,939 | 40,695 | 512 | 250,817 | 161,388 | 91,876 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,700,677 | 1,750,991 | 0 | 0 | 0 | 0 |
| other current liabilities | 939 | 939 | 939 | 939 | 0 | 5,000 | 5,000 | 5,000 | 5,000 | 810,967 | 750,464 | 33,387 | 29,390 | 27,263 | 24,884 |
| total current liabilities | 939 | 939 | 939 | 939 | 0 | 5,000 | 5,000 | 5,000 | 5,000 | 3,103,427 | 4,429,467 | 33,899 | 280,207 | 188,651 | 116,760 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,652 | 79,388 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,721,109 | 5,198,254 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 950,799 | 892,099 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,671,908 | 6,090,353 | 0 | 0 | 9,652 | 79,388 |
| total liabilities | 939 | 939 | 939 | 939 | 0 | 5,000 | 5,000 | 5,000 | 5,000 | 6,775,335 | 10,519,820 | 33,899 | 280,207 | 198,303 | 196,148 |
| net assets | 783,176 | 783,296 | 783,326 | 783,517 | 783,525 | 779,524 | 779,580 | 779,298 | 779,709 | 11,524,627 | 8,863,369 | 657,423 | 593,789 | 538,942 | 483,956 |
| total shareholders funds | 783,176 | 783,296 | 783,326 | 783,517 | 783,525 | 779,524 | 779,580 | 779,298 | 779,709 | 11,524,627 | 8,863,369 | 657,423 | 593,789 | 538,942 | 483,956 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -120 | -30 | 0 | 0 | 0 | 0 | 0 | -6,105 | 3,662,938 | 3,170,225 | 79,500 | 69,500 | 69,500 | 69,985 | |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,207,360 | 2,153,332 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | 0 | 0 | -939 | 4 | 372 | -341 | 1,263 | -749,528 | -532,439 | -15,806 | -14,390 | -14,513 | -14,678 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -36,116 | -52,038 | 88,154 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 355,000 | -1,305 | -349,054 | -939 | 4 | 372 | -341 | -2,440,788 | 915,383 | 1,632,197 | -70,555 | 163,748 | -50,344 | 201,622 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -558,844 | -1,328,473 | 1,887,317 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 939 | -5,000 | 0 | 0 | 0 | -805,967 | 60,503 | 717,077 | 3,997 | 2,127 | 2,379 | 24,884 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -950,799 | 58,700 | 892,099 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -120 | -355,030 | 349,993 | -5,000 | 0 | 0 | 156,452 | 3,048,155 | 6,567,260 | 138,246 | -106,511 | 107,710 | -121,431 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | -35,681 | 505,199 | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 425,175 | 0 | -425,175 | 0 | 0 | 0 | 425,175 |
| cash flow from investments | -35,681 | 930,374 | |||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -32,939 | -7,756 | 40,183 | -250,305 | 89,429 | 69,512 | 91,876 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,652 | -69,736 | 79,388 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,421,786 | -2,527,459 | 6,949,245 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | -8 | 4,940 | -60 | -90 | -70 | -132 | -252,152 | -331,345 | -1,026 | -3,134 | -4,671 | -10,441 |
| cash flow from financing | -750,000 | 0 | 0 | -8 | 4,940 | -60 | -90 | -70 | -15,194,801 | -2,787,367 | 12,557,588 | -251,331 | 76,643 | -4,895 | 589,563 |
| cash and cash equivalents | |||||||||||||||
| cash | -120 | -355,030 | 1,114 | 349,985 | -60 | -60 | -90 | -70 | -2,280,331 | -814,820 | 3,081,746 | -112,119 | -26,997 | 107,485 | 53,307 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -120 | -355,030 | 1,114 | 349,985 | -60 | -60 | -90 | -70 | -2,280,331 | -814,820 | 3,081,746 | -112,119 | -26,997 | 107,485 | 53,307 |
gray development company limited Credit Report and Business Information
Gray Development Company Limited Competitor Analysis
Perform a competitor analysis for gray development company limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mature companies, companies in AB12 area or any other competitors across 12 key performance metrics.
gray development company limited Ownership
GRAY DEVELOPMENT COMPANY LIMITED group structure
Gray Development Company Limited has 1 subsidiary company.
Ultimate parent company
2 parents
GRAY DEVELOPMENT COMPANY LIMITED
SC172764
1 subsidiary
gray development company limited directors
Gray Development Company Limited currently has 2 directors. The longest serving directors include Mr Stephen Scott (Jul 2015) and Mr John Craig (Aug 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Scott | England | 46 years | Jul 2015 | - | Director |
| Mr John Craig | Scotland | 59 years | Aug 2018 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
-120
+300%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
783.2k
0%
total assets
784.1k
0%
cash
3.9k
-0.03%
net assets
Total assets minus all liabilities
gray development company limited company details
company number
SC172764
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
February 1997
age
28
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
truemessage limited (May 1997)
accountant
-
auditor
DJH MITTEN CLARKE AUDIT LIMITED
address
unit 1 minto drive, altens, aberdeen, AB12 3LW
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
gray development company limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 4 charges/mortgages relating to gray development company limited. Currently there are 1 open charges and 3 have been satisfied in the past.
gray development company limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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gray development company limited Companies House Filings - See Documents
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