J.G. GOLDSACK LIMITED
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
4 live charges · 3 lenders · oldest 61.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 61.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £291.2k | £322.8k |
| Current assets | £188.8k | £178.1k |
| Net assets | £218.4k | £197.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
- • 2 capital
- • 1 resolution
- • 1 incorporation
- • 2 capital
- • 1 resolution
- • 1 incorporation
- • 2 capital
- • 1 resolution
- • 1 incorporation
Corporate timeline (33 events)Click to expand
- 2026-05-17📄resolutionresolution · RESOLUTIONS
- 2026-05-17📄memorandum-articlesincorporation · MA
- 2026-05-15📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2026-05-15📄capital-name-of-class-of-sharescapital · SH08
- 2025-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-09-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-07-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-12-21📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-12-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-12-21📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-12-21📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-08-29➖GOLDSACK, Helen Marie resigneddirector
- 2016-05-12➕GOLDSACK, Helen Marie appointeddirector
- 2010-09-28🔓Charge satisfied #2
- 2003-12-01➕GOLDSACK, Helen Marie appointedsecretary
- 2003-11-30➖GOLDSACK, Jennifer Louise resignedsecretary
- 1997-07-15🔒Charge registered #4Lender: National Westminster Bank PLC
- 1996-12-31➕GOLDSACK, Jennifer Louise appointedsecretary
- 1996-12-31➖GOLDSACK, Venn resignedsecretary
- 1996-12-31➖GOLDSACK, James Godfrey resigneddirector
- 1996-12-31➖GOLDSACK, Venn resigneddirector
- 1991-12-31➖GOLDSACK, Majorie Phyllis Norah resigneddirector
- 1989-10-10🔒Charge registered #3Lender: Midland Bank PLC
- 1984-02-07🔒Charge registered #2Lender: The Agricultural Mortgage Corporation PLC
- 1965-02-10🔒Charge registered #1Lender: Midland Bank PLC
- 1964-10-12🏢Company incorporatedAs J.G. GOLDSACK LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "GOLDSACK" — strong identity link between founder and business.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 62 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stephen Christopher Goldsack Individual · British · DOB 11/1958 · age 68 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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9 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 · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 15/07/1997 | — | |
| outstanding | Midland Bank Midland Bank PLC | Charge on book debts | 1 property | 10/10/1989 | — | |
| satisfied | The Agricultural Mortgage Corporation The Agricultural Mortgage Corporation PLC | Collateral charge | 1 property | 07/02/1984 | 28/09/2010 | |
| outstanding | Midland Bank Midland Bank PLC | Charge | 1 property | 10/02/1965 | — |