GM PRESTON SOLAR LIMITED

🌿Early-stageactive
14001003 · ltd · incorporated 2022-03-24
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£-13.1k
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 70/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -33% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (83/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
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 declared
Negative net assets
Liabilities exceed assets by £13,061
Cash YoY
-33%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£597
↓ 33% YoY
Net Worth
-£13k
↓ 59% YoY
Current Assets
£10k
↓ 32% YoY
Current Liabilities
-£13k-£7k-£2k£4k£9k£15kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£-13.1k£-8.2k
Current assets£10.2k£15.0k
Cash£597£896
Debtors£9.6k£14.1k
Net assets£-13.1k£-8.2k

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

🔒Filing-note intelligence

3 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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-11-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-06-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-09-12
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  7. 2023-05-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  8. 2023-05-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2023-05-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2022-04-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2022-04-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  12. 2022-04-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2022-04-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2022-04-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2022-04-22
    ERDAL, Espen Austrheim appointed
    director
  16. 2022-04-22
    GARTNER, Trond Vileid appointed
    director
  17. 2022-03-24
    🏢
    Company incorporated
    As GM PRESTON SOLAR LIMITED
  18. 2022-03-24
    GARDNER, Lewis James Mathew appointed
    director
  19. 2022-03-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

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

Group structure

Gamcap Magnora Development Company Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Gamcap Magnora Development Company Limited
Corporate parent · holds 75-100% shares
ultimate parent
GM PRESTON SOLAR LIMITED
This company · 14001003

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Gamcap Magnora Development Company Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting13/04/2023
3 historic (ceased) PSCs
  • Gam Capital Limitedceased 13/04/2023· 25-50% shares · 25-50% voting
  • Magnora Uk Pv Holding Limitedceased 13/04/2023· 25-50% shares · 25-50% voting
  • Mr Lewis James Mathew Gardnerceased 22/04/2022· 75-100% shares · 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 →

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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
Incorporated2022-03-24
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110

Registered office

Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-05-16
Last: 2026-05-02

Officers (3 active · 0 resigned)

ERDAL, Espen Austrheim
director · ~39y · appointed 2022-04-22
View their other companies + combined net worth →
Active
GARDNER, Lewis James Mathew
director · ~36y · appointed 2022-03-24
View their other companies + combined net worth →
Active
GARTNER, Trond Vileid
director · ~53y · appointed 2022-04-22
View their other companies + combined net worth →
Active

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

Recent filings (20 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
change-person-director-company-with-change-date
officers · CH01
2024-11-07
change-person-director-company-with-change-date
officers · CH01
2024-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-06
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-09-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-05-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-05-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-05-02
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-04-26