GILLIAN MCKEE LIMITED

💤Zombieactive
NI035377 · ltd · incorporated 1998-12-22
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
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Turnover
year to Jul 2024
Net worth
£138.2k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Dispensing chemist in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 15.8y

45/100
under pressure

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

  • · Oldest live charge is 15.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (72/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
81 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £138,175

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£138k
Current Assets
£644k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-31
Total assets£208.7k
Current assets£644.4k
Net assets£138.2k

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

Recent activity

Last 30 days
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-04-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  2. 2025-04-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-09-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-07-27
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  5. 2024-04-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2023-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-04-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  8. 2022-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-04-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2021-07-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-04-30
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  12. 2021-04-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2021-04-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2020-04-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2015-07-08
    MCKEE, David Samuel resigned
    director
  18. 2010-08-03
    🔒
    Charge registered #2
    Lender: The Governor & Company of the Bank of Ireland
  19. 2010-08-03
    🔒
    Charge registered #1
    Lender: The Governor & Company of the Bank of Ireland
  20. 1998-12-22
    🏢
    Company incorporated
    As GILLIAN MCKEE LIMITED
  21. 1998-12-22
    MCKEE, Gillian Elizabeth appointed
    secretary
  22. 1998-12-22
    MCKEE, Gillian Elizabeth appointed
    director
  23. 1998-12-22
    MCKEE, David Samuel appointed
    director

Owner dependency

100/100
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.
  • +Founder name in company name: Company name contains director surname "MCKEE" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 27 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Gillian Elizabeth Mckee
Individual · British · DOB 12/1970 · age 56
75100%
75-100% shares06/04/2016

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
Incorporated1998-12-22
Jurisdictionnorthern-ireland
Primary SIC47730 — Dispensing chemist in specialised stores

Registered office

248 Upper Newtownards Road
Belfast
BT4 3EU

Filing status

Accounts
Next due: 2026-07-26
Last made up to: 2024-07-31
Confirmation statement
Next due: 2027-01-05
Last: 2025-12-22

Officers (2 active · 1 resigned)

MCKEE, Gillian Elizabeth
secretary · appointed 1998-12-22
View their other companies + combined net worth →
Active
MCKEE, Gillian Elizabeth
director · ~56y · appointed 1998-12-22
View their other companies + combined net worth →
Active
MCKEE, David Samuel
director · ~55y · appointed 1998-12-22 · resigned 2015-07-08
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
The Governor & Company of the Bank of Ireland
Circular guarantee and indemnity1 property03/08/2010
outstanding
The Governor & Company of the Bank of Ireland
Mortgage debenture1 property03/08/2010
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (81 total)

change-account-reference-date-company-previous-shortened
accounts · AA01
2026-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-06
change-account-reference-date-company-current-shortened
accounts · AA01
2024-07-27
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-29
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-22