GATE HEALTHCARE LIMITED
- 87300Residential care activities for the elderly and disabled
Opportunity 77/100 (strong), bankability 77/100. Strong seller-intent signal (60/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).
Refinance opportunity
17 live charges · 6 lenders · oldest 36.8y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 36.8 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: high (84/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Profit before tax | £465.5k | £145.8k |
| Average employees | 178 | 17700 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
- • 1 persons-with-significant-control
- • 1 confirmation-statement
Corporate timeline (81 events)Click to expand
- 2026-03-24📄accounts-with-accounts-type-fullaccounts · AA
- 2025-12-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-12-17📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-25📄accounts-with-accounts-type-fullaccounts · AA
- 2023-09-28📄accounts-with-accounts-type-fullaccounts · AA
- 2022-12-19📄accounts-with-accounts-type-smallaccounts · AA
- 2022-03-23➖FRENCH, Diane resigneddirector
- 2022-03-23➖THALLON, James Robert, Dr resigneddirector
- 2022-03-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-12-29📄accounts-with-accounts-type-fullaccounts · AA
- 2021-03-31📄accounts-with-accounts-type-fullaccounts · AA
- 2021-03-04📄change-person-director-company-with-change-dateofficers · CH01
- 2021-01-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-12-23📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-01➕FRENCH, Diane appointeddirector
- 2020-09-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-09-22➖TUCKWELL, Gareth David, Dr resigneddirector
- 2020-01-31📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2020-01-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-01-31🔓Charge satisfied #18
- 2020-01-29➕SEYMOUR, Nicole appointedsecretary
- 2020-01-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-01-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-01-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-01-10➕BLACKWOOD, Leanne Jane appointeddirector
- 2020-01-10➕CLARKE-KUEHN, Sarah Ann appointeddirector
- 2020-01-10➕MOULE, Craig Jon appointeddirector
- 2020-01-10➕SEYMOUR, Nicole appointeddirector
- 2020-01-10➖RHODES, Colin Eric resigneddirector
- 2020-01-10➕THALLON, James Robert, Dr appointeddirector
- 2020-01-10➕TUCKWELL, Gareth David, Dr appointeddirector
- 2020-01-10➖WALKER, John Greig resigneddirector
- 2019-02-23🔓Charge satisfied #16
- 2019-02-23🔓Charge satisfied #15
- 2019-02-23🔓Charge satisfied #14
- 2019-02-23🔓Charge satisfied #13
- 2016-03-14🔒Charge registered #18Lender: Barclays Bank PLC as Security Agent and Security Trustee for the Secured Parties
- 2016-03-11➖WILLIAMSON, Ronald Russell resignedsecretary
- 2016-03-11➖MUNDELL, Anne Christine resigneddirector
- 2016-03-11➕RHODES, Colin Eric appointeddirector
- 2016-03-11➕WALKER, John Greig appointeddirector
- 2016-03-11➖WILLIAMSON, Ronald Russell resigneddirector
- 2012-07-06🔓Charge satisfied #17
- 2008-08-12🔓Charge satisfied #12
- 2008-05-20🔒Charge registered #17Lender: Royal Bank of Scotland PLC
- 2008-05-14🔓Charge satisfied #8
- 2008-04-09🔓Charge satisfied #11
- 2008-04-09🔓Charge satisfied #10
- 2008-04-09🔓Charge satisfied #9
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryStable-but-static management: Company is 39 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Lorimer Care Homes Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Lorimer Care Homes Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Healthcare & medical · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| OPTICAL EXPRESS LIMITED→ SC161469 · est 1995 | £80.82M £58.19M–£103.45M | — | — | 54900 | 30y | 85 | 58y |
| GP MATTERS LIMITED→ SC424457 · est 2012 | £3.46M £2.49M–£4.43M | — | — | 500 | 14y | 85 | 61y |
| LORIMER CARE HOMES LIMITED→ SC412450 · est 2011 | £2.26M £1.63M–£2.89M | — | — | 0 | 14y | 82 | 60y |
| GLENFAIRN LIMITED→ SC087540 · est 1984 | £1.83M £1.32M–£2.34M | — | — | 84 | 42y | 82 | 60y |
| ASPIRE HOUSING & PERSONAL DEVELOPMENT SERVICES LIMITED→ SC231773 · est 2002 | — | — | £354.7k | — | 24y | 83 | 77y |
| BCERTA LTD.→ SC355831 · est 2009 | — | — | — | — | 17y | 83 | 67y |
| COMMONWEALTH DENTAL PRACTICE LTD.→ SC381148 · est 2010 · no financials extracted | — | — | — | — | 15y | 83 | 58y |
| DAVID LIVINGSTONE INTERNATIONAL LIMITED→ SC118899 · est 1989 | — | — | £150.4k | — | 36y | 83 | 90y |
| DOON CARE LTD.→ SC262088 · est 2004 | — | — | £1.46M | — | 22y | 83 | 87y |
| DUNDONALD HOUSE NURSING HOME LIMITED→ SC296431 · est 2006 | — | — | — | — | 20y | 83 | 64y |
| FORWARD STEPS NURSERY LTD.→ SC235287 · est 2002 | — | — | £107.9k | — | 23y | 83 | 59y |
| MORNINGSIDE CAREHOMES (SCOTLAND) LTD.→ SC306303 · est 2006 | — | — | — | 7000 | 19y | 83 | 75y |
6 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 →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
Registered office
Filing status
Officers (5 active · 12 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC as Security Agent and Security Trustee for the Secured Parties | A registered charge | — | 14/03/2016 | 31/01/2020 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 20/05/2008 | 06/07/2012 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Floating charge standard security | 1 property | 07/04/2008 | 23/02/2019 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 07/04/2008 | 23/02/2019 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 07/04/2008 | 23/02/2019 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 03/04/2008 | 23/02/2019 | |
| satisfied | Northern Rock Northern Rock PLC | Standard security | 1 property | 12/07/2002 | 12/08/2008 | |
| satisfied | Northern Rock Northern Rock PLC | Standard security | 1 property | 09/02/2001 | 09/04/2008 | |
| satisfied | Northern Rock Northern Rock PLC | Standard security | 1 property | 09/02/2001 | 09/04/2008 | |
| satisfied | Northern Rock Northern Rock PLC | Standard security | 1 property | 09/02/2001 | 09/04/2008 | |
| satisfied | Northern Rock Northern Rock PLC | Bond & floating charge | 1 property | 31/01/2001 | 14/05/2008 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 29/09/1995 | 06/02/2001 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 13/07/1992 | 06/02/2001 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 02/07/1992 | 06/02/2001 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 26/06/1992 | 06/02/2001 | |
| satisfied | Humberclyde Finance Group Humberclyde Finance Group Limited | Standard security | 1 property | 12/09/1989 | 05/10/1992 | |
| satisfied | Humberclyde Finance Gray Humberclyde Finance Gray Limited | Bond & floating charge | 1 property | 09/08/1989 | 05/10/1992 |