G.M. FLOORING CONTRACTS LIMITED
🌳Matureactive
SC113287 · ltd · incorporated 1988-09-07
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 34.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Retail sale of carpets, rugs, wall and floor coverings in specialised stores
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 68-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 80/100. Strong seller-intent signal (68/100, director aged 68). 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 (65/100).
🏦
Refinance opportunity
2 live charges · oldest 34.7y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 34.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
96 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
8
filings
- • 5 officers
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2025-11-06📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-06📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-11-06📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-06📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-06📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-09-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-09-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-09-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-09-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-12-03📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-09-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2006-01-20🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1991-09-02🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1988-09-07🏢Company incorporatedAs G.M. FLOORING CONTRACTS LIMITED
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 38 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr William Gemmell Individual · British · DOB 04/1956 · age 70 | 25–50% | — | 25-50% shares | 01/08/2016 |
Mr David Hay Individual · British · DOB 05/1963 · age 63 | 25–50% | — | 25-50% shares | 01/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
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| GLAM DRAM LTD→ SC659165 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| GLENMORE MART LTD→ SC777818 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| GLENTERRIN LIMITED→ SC116076 · est 1989 · no financials extracted | — | — | — | — | 37y | — | — |
| GLOBAL BARSTUFF LIMITED→ SC878018 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| GLOBAL BINS DESIGNS LTD→ SC618444 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
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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
Incorporated1988-09-07
Jurisdictionscotland
Primary SIC47530 — Retail sale of carpets, rugs, wall and floor coverings in specialised stores
Registered office
30a Falkirk Road
Linlithgow
West Lothian
EH49 7PJ
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-05-13
Last: 2026-04-29
Officers (3 active · 0 resigned)
Active
Active
Active
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 20/01/2006 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 02/09/1991 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (96 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-29
change-person-director-company-with-change-date
officers · CH01
2025-11-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-06
change-person-secretary-company-with-change-date
officers · CH03
2025-11-06
change-person-director-company-with-change-date
officers · CH01
2025-11-06
change-person-director-company-with-change-date
officers · CH01
2025-11-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-06
change-person-director-company-with-change-date
officers · CH01
2025-11-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-09-22