Company Overview
Gray & Adams Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 30 April 1970, so this is a well established company. Gray & Adams Limited has been in business for 55 years and 11 months. The accounts status is full and the accounts are next due on Saturday 31 January 2026.
Registered Address

Gray & Adams, South Road, Fraserburgh, AB43 9HU
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Companies House Data
Company NameGRAY & ADAMS LIMITED
Company NumberSC047482
Registered Office AddressGray & Adams
 South Road
 AB43 9HU
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date30/04/1970
Accounting Reference Date Day30
Accounting Reference Date Month4
Accounts Next Due Date31/01/2027
Accounts Last Made Up Date02/05/2025
Accounts Account CategoryFULL
Returns Next Due Date28/01/2017
Returns Last Made Up Date31/12/2015
Directors & Members
Show Resigned
Peter Gray - Director
(Scottish, 68 years old, born May 1958)

James Gray - Director
(British, 40 years old, born December 1986)
Appointed 13 December 2021
Active
Martin Gray - Director
(British, 49 years old, born April 1977)
Appointed 08 October 2010
Active
Lewis Gray Junior - Director
(British, 58 years old, born February 1968)
Appointed 20 April 2007
Active
James Gray Junior - Director
(British, 71 years old, born July 1955)

Andrew Sutherland - Director
(British, 40 years old, born April 1986)
Appointed 14 October 2022
Active
Secretaries
Show Resigned
Andrew Sutherland - Secretary
Appointed 31 May 2022
Active
Balance Sheet Unlock full report
Accounts Date 02-May-2025 30-Apr-2020 30-Apr-2019
Balance Sheet
Fixed Assets 11,315,265 11,315,265 9,731,512
Current Assets 40,230,416 40,230,416 45,491,793
Creditors Due Within One Year 20,829,737 20,829,737 35,247,748
Working Cap 19,400,679 19,400,679 10,244,045
Total Assets Less Current Liabilities 30,715,944 30,715,944 19,975,557
Long-term Liabilities 30,691,944 30,691,944 19,951,557
Net Assets 24,000 24,000 24,000
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 24,000 24,000 24,000
Common Size Financial Analysis Unlock full report
Accounts Date 02-May-2025 30-Apr-2020 30-Apr-2019
Tangible Fixed Assets - - -
Fixed Assets 22.0% 22.0% 17.6%
Stocks Inventory - - -
Debtors 22.1% 22.1% 25.3%
Cash Bank In Hand 20.3% 20.3% 23.2%
Current Assets 78.0% 78.0% 82.4%
Creditors Due Within One Year 40.4% 40.4% 63.8%
Net Current Assets Liabilities 37.6% 37.6% 18.6%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 0.0% 0.0% 0.0%
Capital Employed - - -
Total Assets Less Current Liabilities 59.6% 59.6% 36.2%
Financial Ratio Analysis Unlock full report
Accounts Date 02-May-2025 30-Apr-2020 30-Apr-2019
Liquidity Ratio 1.9 1.9 1.3
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 02-May-2025 30-Apr-2020 30-Apr-2019
Assets 51,545,681 51,545,681 55,223,305
Debt 51,521,681 51,521,681 55,199,305
Net Assets/Debt 24,000 24,000 24,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around AB43 9HU
GRAY & ADAMS (DONCASTER) LIMITED
SOUTH ROAD, FRASERBURGH, ABERDEENSHIRE, AB43 9HU
GRAY & ADAMS (DUNFERMLINE) LIMITED
SOUTH ROAD, FRASERBURGH, AB43 9HU
Document Filings
Confirmation statement made on 31 December 2025 with no updates
Confirmation statement made on 31 December 2024 with no updates
Confirmation statement made on 31 December 2023 with no updates
Confirmation statement made on 31 December 2022 with no updates
Appointment of Mr Andrew Sutherland as a director on 14 October 2022
Termination of appointment of John Smith as a secretary on 14 May 2022
Appointment of Mr Andrew Sutherland as a secretary on 31 May 2022
Termination of appointment of Mark Alexander Grant as a director on 9 May 2022
Confirmation statement made on 31 December 2021 with no updates
Appointment of Mr James Gordon Gray as a director on 13 December 2021
Confirmation statement made on 31 December 2020 with no updates
Confirmation statement made on 31 December 2019 with no updates
Registered office address changed from South Road Fraserburgh AB43 5HU to Gray & Adams South Road Fraserburgh AB43 9HU on 26 April 2019
Confirmation statement made on 31 December 2018 with no updates
Confirmation statement made on 31 December 2017 with no updates
Confirmation statement made on 31 December 2016 with updates

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