GTS LIMITED

💤Zombieactive
SC171114 · ltd · incorporated 1996-12-31
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
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 52103
Sector: Transportation & storage
Investor take
Pursue
Active trading company with a 79-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
66 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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
  • • 2 persons-with-significant-control
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-12-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-12-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-07-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-09-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-01-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-01-02
    ➖
    GALT, Allan Douglas resigned
    director
  7. 2023-07-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2022-08-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2021-07-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2020-07-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2019-07-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2018-08-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2017-07-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2016-07-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2016-01-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-12-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 1996-12-31
    🏢
    Company incorporated
    As GTS LIMITED
  18. 1996-12-31
    ➕
    GALT, Catherine appointed
    secretary
  19. 1996-12-31
    ➕
    GALT, Catherine appointed
    director
  20. 1996-12-31
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  21. 1996-12-31
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  22. 1996-12-31
    ➕
    GALT, Allan Douglas 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.
  • +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 29 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 Catherine Galt
Individual · British · DOB 06/1947 · age 79
75–100%
—75-100% shares06/04/2016
1 historic (ceased) PSC
  • Mr Allan Douglas Galtceased 02/01/2024· 25-50% shares

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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——2312y8363y
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——826y8261y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated1996-12-31
Jurisdictionscotland
Primary SIC52103 — SIC 52103

Registered office

C/O Galt Transport Bankend Road
Dumbarton
G82 2RB

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-04
Last: 2025-12-21

Officers (2 active · 2 resigned)

GALT, Catherine→
secretary · appointed 1996-12-31
View their other companies + combined net worth →
Active
GALT, Catherine→
director · ~79y · appointed 1996-12-31
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1996-12-31 · resigned 1996-12-31
Resigned
GALT, Allan Douglas→
director · ~79y · appointed 1996-12-31 · resigned 2024-01-02
Resigned

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

Recent filings (66 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-11
accounts-with-accounts-type-dormant
accounts · AA
2025-07-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-23
accounts-with-accounts-type-dormant
accounts · AA
2024-09-13
termination-director-company-with-name-termination-date
officers · TM01
2024-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-21
accounts-with-accounts-type-dormant
accounts · AA
2023-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-21
accounts-with-accounts-type-dormant
accounts · AA
2022-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-21
accounts-with-accounts-type-dormant
accounts · AA
2021-07-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-21
accounts-with-accounts-type-dormant
accounts · AA
2020-07-06