GJM WALES LTD

💤Zombieactive
03585310 · ltd · incorporated 1998-06-22
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Nov 2024
Net worth
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 63-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 63). 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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 18.0y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 18.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (76/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
71 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30
Average employees200200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-11-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-08-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-08-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-06-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2017-06-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2016-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-06-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-08-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2015-06-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-08-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2010-05-17
    🔓
    Charge satisfied #1
  18. 2008-05-16
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  19. 2005-07-20
    JONES, Moria Jane appointed
    secretary
  20. 2005-07-20
    WELSON, Rhydian Craig resigned
    director
  21. 2005-04-10
    WELSON, Rhydian Craig resigned
    secretary
  22. 1998-06-22
    🏢
    Company incorporated
    As GJM WALES LTD
  23. 1998-06-22
    JONES, Hugh Geoffrey appointed
    director
  24. 1998-06-22
    WELSON, Rhydian Craig appointed
    secretary
  25. 1998-06-22
    WATERLOW SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  26. 1998-06-22
    WATERLOW SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  27. 1998-06-22
    WELSON, Rhydian Craig appointed
    director
  28. 1998-06-22
    WATERLOW NOMINEES LIMITED appointed
    corporate-nominee-director
  29. 1998-06-22
    WATERLOW NOMINEES LIMITED resigned
    corporate-nominee-director

Owner dependency

93/100
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.
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

95/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Moira Jane Jones
Individual · British · DOB 04/1967 · age 59
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Hugh Geoffrey Jones
Individual · British · DOB 03/1963 · age 63
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated1998-06-22
Jurisdictionengland-wales
Primary SIC45200 — SIC 45200

Registered office

The Old Surgery
Spa Road
Llandrindod Wells
Powys
LD1 5EY

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-07-06
Last: 2025-06-22

Officers (2 active · 4 resigned)

JONES, Moria Jane
secretary · appointed 2005-07-20
View their other companies + combined net worth →
Active
JONES, Hugh Geoffrey
director · ~63y · appointed 1998-06-22
View their other companies + combined net worth →
Active
WELSON, Rhydian Craig
secretary · appointed 1998-06-22 · resigned 2005-04-10
Resigned
WATERLOW SECRETARIES LIMITED
corporate-nominee-secretary · appointed 1998-06-22 · resigned 1998-06-22
Resigned
WELSON, Rhydian Craig
director · ~57y · appointed 1998-06-22 · resigned 2005-07-20
Resigned
WATERLOW NOMINEES LIMITED
corporate-nominee-director · appointed 1998-06-22 · resigned 1998-06-22
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
HSBC
Hsbc Bank PLC
Debenture1 property16/05/200817/05/2010

Recent filings (71 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-24
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-23
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-23
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-24
accounts-with-accounts-type-micro-entity
accounts · AA
2018-08-30