GVS CONDITIONING LIMITED
💤Zombieactive
07600845 · ltd · incorporated 2011-04-12
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 Mar 2025
Net worth
£-15.5k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (79/100)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
Confirmed no charges registered
85
Directors & officers
7 officers (2 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £15,525
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£16k
↑ 55% YoY
Current Assets
£42k
↑ 804% YoY
Current Liabilities
—
Hover 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 | £149.3k | £128.1k |
| Current assets | £42.1k | £4.7k |
| Net assets | £-15.5k | £-34.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2025-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-29📄change-person-secretary-company-with-change-dateofficers · CH03
- 2023-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-08➕SHARROCK, Lynne appointedsecretary
- 2019-10-08➕SHARROCK, George Vincent appointeddirector
- 2019-10-08➖SHARROCK, Martin resignedsecretary
- 2019-10-08➖BERRY, Stephen Gregory resigneddirector
- 2019-10-08➖SHARROCK, Martin resigneddirector
- 2019-10-08📄resolutionresolution · RESOLUTIONS
- 2019-10-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-10-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-10-08📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-10-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-10-08📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2019-10-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-10-08📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2019-10-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-10-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-10-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2013-04-01➖WARD, Harold resigneddirector
- 2012-04-12➖GOODWIN, Dean resigneddirector
- 2012-01-12➕SHARROCK, Martin appointedsecretary
- 2012-01-12➕GOODWIN, Dean appointeddirector
- 2012-01-12➕WARD, Harold appointeddirector
- 2011-04-12🏢Company incorporatedAs GVS CONDITIONING LIMITED
- 2011-04-12➕BERRY, Stephen Gregory appointeddirector
- 2011-04-12➕SHARROCK, Martin appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 15 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr George Vincent Sharrock Individual · British · DOB 05/1990 · age 36 | 75–100% | — | 75-100% shares | 08/10/2019 |
1 historic (ceased) PSC
- Afo Ltdceased 08/10/2019· 75-100% voting
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 · Leisure & entertainment · SR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BETH WARD LTD→ 11121089 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BOUNCE NORTH EAST LTD→ 09938597 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| BRUCE'S GYM LIMITED→ 10808728 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| DALE HARDY MULTIMEDIA LTD→ 12711018 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| DEL BUONO LIMITED→ 07250559 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| FANS MUSEUM CIC→ 09961796 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| GAMEZONE EVENTS LTD→ 12076824 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| GENERAL PHYSICAL PREPAREDNESS LIMITED→ 15995085 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GLOBAL VX LTD→ 07255714 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| GOLF IN THE CITY NORTH EAST LIMITED→ 16032315 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GREAT BREAKS LIMITED→ 05487395 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| HARBOUR PRINTWORKS CIC→ 15756092 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2011-04-12
Jurisdictionengland-wales
Primary SIC93130 — Fitness facilities
Registered office
15 Rosedale Avenue
Sunderland
SR6 8BD
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-11
Last: 2026-03-28
Officers (2 active · 5 resigned)
Active
SHARROCK, George Vincent→
Activedirector · ~36y · appointed 2019-10-08
View their other companies + combined net worth →
SHARROCK, Martin→
Resignedsecretary · appointed 2012-01-12 · resigned 2019-10-08
BERRY, Stephen Gregory→
Resigneddirector · ~72y · appointed 2011-04-12 · resigned 2019-10-08
GOODWIN, Dean→
Resigneddirector · ~67y · appointed 2012-01-12 · resigned 2012-04-12
SHARROCK, Martin→
Resigneddirector · ~62y · appointed 2011-04-12 · resigned 2019-10-08
WARD, Harold→
Resigneddirector · ~67y · appointed 2012-01-12 · resigned 2013-04-01
Click a director name to see their full track record across all companies.
Recent filings (48 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-01
change-person-secretary-company-with-change-date
officers · CH03
2024-04-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-06
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-01
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-02
resolution
resolution · RESOLUTIONS
2019-10-08