GMC LIMITED
- · Oldest live charge 29.8y old — refinance window within 12 months
Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (93/100, director aged 74). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
3 live charges · oldest 29.8y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 29.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key 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 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (46 events)Click to expand
- 2025-09-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-16🔓Charge satisfied #3
- 2025-01-16🔓Charge satisfied #2
- 2025-01-16🔓Charge satisfied #1
- 2024-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-01-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-06-15📄change-person-director-company-with-change-dateofficers · CH01
- 2020-06-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-06-08📄change-person-director-company-with-change-dateofficers · CH01
- 2020-06-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-06-08📄change-person-director-company-with-change-dateofficers · CH01
- 2019-12-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-20📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2018-12-11➕LC SECRETARIES LIMITED appointedcorporate-secretary
- 2018-12-11➖LEDINGHAM CHALMERS LLP resignedcorporate-secretary
- 2011-02-01➕COWL, John Gregory appointeddirector
- 2001-11-30➖RIORDAN ADAM, Bernadette Josephine Alberte Marie resignedsecretary
- 2001-11-30➕LEDINGHAM CHALMERS LLP appointedcorporate-secretary
- 2001-11-30➖RIORDAN ADAM, Bernadette Josephine Alberte Marie resigneddirector
- 1996-11-15🔒Charge registered #3Lender: Clydesdale Bank Public Limited Company
- 1996-09-10🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 1996-07-17🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1992-06-01➖DODDS, John Keith Mathieson resignedsecretary
- 1992-06-01➕RIORDAN ADAM, Bernadette Josephine Alberte Marie appointedsecretary
- 1992-06-01➖SMART, Norma Mary resignedsecretary
- 1992-06-01➕RIORDAN ADAM, Bernadette Josephine Alberte Marie appointeddirector
- 1992-06-01➖STEPHENS, Jean resigneddirector
- 1992-02-21➕SMART, Norma Mary appointedsecretary
- 1991-03-15➕DODDS, John Keith Mathieson appointedsecretary
- 1991-03-15➖STEPHENS, Jean resignedsecretary
- 1991-03-15➕STEPHENS, Jean appointeddirector
- 1990-06-11🏢Company incorporatedAs GMC LIMITED
- 1990-06-11➕RIORDAN, Denis Patrick appointeddirector
- 1990-06-11➕REID, Brian appointednominee-secretary
- 1990-06-11➖REID, Brian resignednominee-secretary
- 1990-06-11➕STEPHENS, Jean appointedsecretary
- 1990-06-11➕WAUGH, Joanne appointednominee-director
- 1990-06-11➖WAUGH, Joanne resignednominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 36 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 74 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 36 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 36 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
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Denis Patrick Riordan Individual · American,Irish · DOB 09/1952 · age 74 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 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
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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 →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 (3 active · 9 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 15/11/1996 | 16/01/2025 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Assignation in security | 1 property | 10/09/1996 | 16/01/2025 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 17/07/1996 | 16/01/2025 |