G.P.S. (EUROPE) LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 74). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 33.5y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 33.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £990.1k | £1.09M |
| Current assets | £1.11M | £1.30M |
| Cash | £349.5k | £466.7k |
| Debtors | £457.3k | £379.1k |
| Net assets | £990.1k | £1.09M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
Corporate timeline (34 events)Click to expand
- 2025-10-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-09🔓Charge satisfied #2
- 2025-05-02📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-01➕GUTAUSKAS, Lukas appointeddirector
- 2025-05-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-04-21📄change-person-director-company-with-change-dateofficers · CH01
- 2025-02-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-12📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2021-01-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-01-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-02-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-02-14➖MENDLESSOHN, Roy resigneddirector
- 2018-11-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-22➕MENDELSSOHN, Esther appointeddirector
- 2018-03-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2012-06-18➕BLACKADDERS LLP appointedcorporate-secretary
- 2012-06-18➖MESSRS MCKAY & NORWELL WS resignedcorporate-secretary
- 2005-11-21➕MENDLESSOHN, Roy appointeddirector
- 1999-02-03🔓Charge satisfied #1
- 1997-04-16🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1992-11-19🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1992-06-09➕MENDELSSOHN, Harold appointeddirector
- 1992-06-09➕MESSRS MCKAY & NORWELL WS appointedcorporate-secretary
- 1992-02-18🏢Company incorporatedAs G.P.S. (EUROPE) LIMITED
- 1992-02-18➕REID, Brian appointednominee-secretary
- 1992-02-18➖REID, Brian resignednominee-secretary
- 1992-02-18➕MABBOTT, Stephen appointednominee-director
- 1992-02-18➖MABBOTT, Stephen 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.
- +Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 74 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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.
- primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Harry Mendelssohn Individual · British · DOB 05/1954 · age 72 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
Mrs Esther Mendelssohn Individual · British · DOB 04/1952 · age 74 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 18/02/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Transport & logistics · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| TIMBERBUSH TOURS LIMITED→ SC279983 · est 2005 | £8.60M £6.45M–£10.75M | — | — | 109 | 21y | 85 | 65y |
| EAGLE COURIERS (HOLDINGS) LIMITED→ SC292831 · est 2005 | £3.09M £2.32M–£3.86M | — | — | — | 20y | 87 | 61y |
| EAGLE COURIERS (SCOTLAND) LIMITED→ SC092113 · est 1985 | £3.09M £2.32M–£3.86M | — | — | 50 | 41y | 87 | 61y |
| A WILLIAMSON HAULAGE LIMITED→ SC306338 · est 2006 | — | — | £1.27M | — | 19y | 82 | 78y |
| A. JOHNSTONE HAULAGE LTD.→ SC283850 · est 2005 | — | — | £512.2k | — | 21y | 82 | 62y |
| ANDREW BLACK LIMITED→ SC224735 · est 2001 | — | — | £3.88M | — | 24y | 82 | 64y |
| BROUGHTON REMOVALS LIMITED→ SC181756 · est 1997 · no financials extracted | — | — | — | — | 28y | 82 | 83y |
| CHAUFFEUR DRIVE SCOTLAND LIMITED→ SC394052 · est 2011 | — | — | £231.3k | — | 15y | 82 | 65y |
| DEREK HEEPS LIMITED→ SC167126 · est 1996 | — | — | — | 3000 | 29y | 82 | 63y |
| DUNBAR REMOVALS AND STORAGE LTD.→ SC165409 · est 1996 | — | — | — | 13 | 30y | 82 | 71y |
| E & M HORSBURGH LIMITED→ SC205341 · est 2000 | — | — | — | — | 26y | 82 | 66y |
| GORDON CONNOR HAULAGE LIMITED→ SC260191 · est 2003 | — | — | — | 100 | 22y | 82 | 63y |
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 (4 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 16/04/1997 | 09/06/2025 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 19/11/1992 | 03/02/1999 |