GBDC LIMITED
🌳Matureactive
04795699 · ltd · incorporated 2003-06-11
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£-1.48M
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Manufacture of beer
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 73/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (65/100).
🏦
Refinance opportunity
5 live charges · 3 lenders · oldest 11.5y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 11.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 38/100 — workable, but lender will want more DD.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
18 officers (4 active, 18 linked, 13 with DOB)
84
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
130 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
61
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £1,483,385
Cash YoY
+51%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£57k
↑ 51% YoY
Net Worth
-£1.5m
↑ 1.2% YoY
Current Assets
£1.1m
↑ 10.0% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £551.7k | £962.5k |
| Current assets | £1.08M | £981.9k |
| Cash | £56.7k | £37.6k |
| Debtors | £557.7k | £528.0k |
| Net assets | £-1.48M | £-1.50M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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
1
filing
- • 1 mortgage
Last 180 days
5
filings
- • 5 mortgage
Counts from Companies House filing history.
Corporate timeline (64 events)Click to expand
- 2026-06-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-06-03🔒Charge registered #5Lender: Cynergy Business Finance Limited
- 2026-03-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-24🔓Charge satisfied #3
- 2026-03-24🔓Charge satisfied #2
- 2026-03-24🔓Charge satisfied #1
- 2026-03-23🔒Charge registered #4Lender: Cynergy Business Finance Limited
- 2026-01-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-22✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2026-01-21➕SHARMA, Ravi Kumar appointeddirector
- 2026-01-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-01-20➖SHARMA, Ravi Kumar resigneddirector
- 2026-01-20📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-05📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2026-01-03📄resolutionresolution · RESOLUTIONS
- 2026-01-03📄memorandum-articlesincorporation · MA
- 2025-12-28📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2025-12-28📄capital-name-of-class-of-sharescapital · SH08
- 2025-12-23📄capital-allotment-sharescapital · SH01
- 2025-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-29📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-08-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-28➕FOWLER, Emily appointedsecretary
- 2025-08-28➖CONNOLLY, Suzanna resigneddirector
- 2025-02-25➖HELLIWELL, Nicholas James resigneddirector
- 2025-02-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-14➕CONNOLLY, Suzanna appointeddirector
- 2025-02-14➕SHARMA, Ravi Kumar appointeddirector
- 2025-01-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-20➖GORDON, Ewen James resigneddirector
- 2024-09-05🔒Charge registered #3Lender: Santander UK PLC
- 2024-09-04➖SPAMPINATO, Daniel Henry James resigneddirector
- 2024-07-08➕SHARMA, Sandeep appointeddirector
- 2024-07-08➕TAYLOR, Paul James appointeddirector
- 2024-07-08➖GARTLAND, Anthony resigneddirector
- 2024-07-08➖WOJTKOW, Janet Anna Rita resigneddirector
- 2022-01-10➖GARTLAND, Anthony resignedsecretary
- 2022-01-10➖SHACKLETON, Andrew John resignedsecretary
- 2020-02-13🔒Charge registered #2Lender: Santander UK PLC
- 2018-09-13➕SPAMPINATO, Daniel Henry James appointeddirector
- 2018-09-13➕WOJTKOW, Janet Anna Rita appointeddirector
- 2016-12-06➕HELLIWELL, Nicholas James appointeddirector
- 2016-12-06➖TODD, Derek resigneddirector
- 2015-01-14🔒Charge registered #1Lender: Santander UK PLC as Security Trustee for Each Group Member
Showing most recent 50 of 64 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
Red flags
3 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: CONNOLLY, Suzanna resigned 2025-08-28; SHARMA, Ravi Kumar resigned 2026-01-20
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Name changed recently
mediumName changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2026-01-22: certificate-change-of-name-company
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Sandeep Sharma Individual · British · DOB 10/1984 · age 42 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control · trust interest | 08/07/2024 |
Mr Paul James Taylor Individual · British · DOB 03/1965 · age 61 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 08/07/2024 |
1 historic (ceased) PSC
- Mr Anthony Gartlandceased 08/07/2024· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Food & drink · S postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CROOKED SPIRE DISTILLERY LTD→ 16911853 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| D'SAUCE LTD→ 17057313 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| DULCIFY LTD→ 15699958 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| EIGHT CATS LEISURE LTD→ 14898813 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ELIZA CLARK LIMITED→ 16014151 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| EVERTAIL LTD→ 16786747 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| F FUNK LIMITED→ 05610158 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| FAGELI BEAUTY WORLD & SPA LTD→ 16292151 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| FINEDINECANINE LIMITED→ 15154433 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| FOUR ELEMENTS BREW CO LTD→ 16963403 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| FROSTY TEMPTATIONS LTD→ 16580454 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GESA VISAR COMPANY LIMITED→ 06835663 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
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
Incorporated2003-06-11
Jurisdictionengland-wales
Primary SIC11050 — Manufacture of beer
Registered office
Pennine House 35 A Business Park, Churchill Way
Chapeltown
Sheffield
S35 2PY
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-26
Last: 2026-01-12
Officers (4 active · 14 resigned)
Active
SHARMA, Ravi Kumar→
Activedirector · ~40y · appointed 2026-01-21
View their other companies + combined net worth →
SHARMA, Sandeep→
Activedirector · ~42y · appointed 2024-07-08
View their other companies + combined net worth →
TAYLOR, Paul James→
Activedirector · ~61y · appointed 2024-07-08
View their other companies + combined net worth →
GARTLAND, Anthony→
Resignedsecretary · appointed 2003-09-16 · resigned 2022-01-10
SHACKLETON, Andrew John→
Resignedsecretary · appointed 2006-01-09 · resigned 2022-01-10
GWECO SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2003-06-11 · resigned 2003-09-16
CONNOLLY, Suzanna→
Resigneddirector · ~39y · appointed 2025-02-14 · resigned 2025-08-28
GARTLAND, Anthony→
Resigneddirector · ~70y · appointed 2003-09-16 · resigned 2024-07-08
GORDON, Ewen James→
Resigneddirector · ~48y · appointed 2013-07-04 · resigned 2024-11-20
HELLIWELL, Nicholas James→
Resigneddirector · ~49y · appointed 2016-12-06 · resigned 2025-02-25
SHARMA, Ravi Kumar→
Resigneddirector · ~40y · appointed 2025-02-14 · resigned 2026-01-20
SIMPSON, Paul Richard→
Resigneddirector · ~59y · appointed 2005-12-01 · resigned 2010-04-02
SPAMPINATO, Daniel Henry James→
Resigneddirector · ~48y · appointed 2018-09-13 · resigned 2024-09-04
TODD, Derek→
Resigneddirector · ~64y · appointed 2013-07-04 · resigned 2016-12-06
WOJTKOW, Janet Anna Rita→
Resigneddirector · ~66y · appointed 2018-09-13 · resigned 2024-07-08
WOJTKOW, Janet Anna Rita→
Resigneddirector · ~66y · appointed 2003-09-16 · resigned 2005-12-01
GWECO DIRECTORS LIMITED→
Resignedcorporate-director · appointed 2003-06-11 · resigned 2003-09-16
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
2
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Cynergy Business Finance Cynergy Business Finance Limited | A registered charge | 3 properties | 03/06/2026 | — | |
| outstanding | Cynergy Business Finance Cynergy Business Finance Limited | A registered charge | 6 properties | 23/03/2026 | — | |
| satisfied | Santander Santander UK PLC | A registered charge | 1 property | 05/09/2024 | 24/03/2026 | |
| satisfied | Santander Santander UK PLC | A registered charge | 1 property | 13/02/2020 | 24/03/2026 | |
| satisfied | Santander Santander UK PLC as Security Trustee for Each Group Member | A registered charge | — | 14/01/2015 | 24/03/2026 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (130 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-06-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-24
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-24
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-24
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-24
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-28
appoint-person-director-company-with-name-date
officers · AP01
2026-01-22
certificate-change-of-name-company
change-of-name · CERTNM
2026-01-22
termination-director-company-with-name-termination-date
officers · TM01
2026-01-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-21
change-person-director-company-with-change-date
officers · CH01
2026-01-20
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2026-01-05
resolution
resolution · RESOLUTIONS
2026-01-03
memorandum-articles
incorporation · MA
2026-01-03
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-12-28