G.S. ASSOCIATES (SCOTLAND) LIMITED
🌳Matureactive
SC172127 · ltd · incorporated 1997-02-06
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: General cleaning of buildings
Sector: Administrative & support services
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 67/100. 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 (38/100).
🏦
Refinance opportunity
10 live charges · 6 lenders · oldest 27.6y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 27.6 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 48/100 (high).
Data confidence
Overall: medium (58/100)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
No iXBRL financials extracted
0
Lenders & charges
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
12 officers (2 active, 12 linked, 10 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
141 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
4
filings
- • 2 accounts
- • 2 other
Last 90 days
6
filings
- • 2 accounts
- • 2 other
- • 1 confirmation-statement
Last 180 days
7
filings
- • 2 accounts
- • 2 other
- • 2 officers
Counts from Companies House filing history.
Corporate timeline (64 events)Click to expand
- 2026-04-03📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2026-04-03📄legacyaccounts · PARENT_ACC
- 2026-04-03📄legacyother · GUARANTEE2
- 2026-04-03📄legacyother · AGREEMENT2
- 2026-02-27➖MURPHY, Laura resigneddirector
- 2026-02-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-22➖LAIRD, Lisa Helen resigneddirector
- 2025-12-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-31📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-07-31📄legacyother · AGREEMENT2
- 2024-07-12📄legacyother · GUARANTEE2
- 2024-07-12📄legacyaccounts · PARENT_ACC
- 2024-05-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-05➖STRACHAN, Gary resigneddirector
- 2023-11-16📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-16📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-16📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-16📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-08🔒Charge registered #10Lender: Absa Bank Limited (Acting Through Its Corporate and Investment Banking Division)
- 2023-02-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-02-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-02-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-02-21🔓Charge satisfied #9
- 2023-02-21🔓Charge satisfied #4
- 2023-02-21🔓Charge satisfied #1
- 2023-02-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-02-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-02-10🔓Charge satisfied #8
- 2023-02-10🔓Charge satisfied #7
- 2022-07-01➕HULLEY, Gordon George appointeddirector
- 2022-07-01➕PHIPPS, Clinton James appointeddirector
- 2022-07-01➖FLEMING, Gerald resignedsecretary
- 2022-07-01➖CUMMING, Derek resigneddirector
- 2022-07-01➖FLEMING, Gwyneth resigneddirector
- 2022-04-19🔓Charge satisfied #3
- 2022-04-19🔓Charge satisfied #2
- 2021-08-23➕MURPHY, Laura appointeddirector
- 2021-08-23➕STRACHAN, Gary appointeddirector
- 2018-01-31➕LAIRD, Lisa Helen appointeddirector
- 2013-05-29🔒Charge registered #9Lender: Bank of Scotland PLC
- 2012-07-31➖AFFLECK, Peter resigneddirector
- 2011-12-05🔒Charge registered #8Lender: Lloyds Tsb Commercial Finance Limited
- 2010-08-02➕AFFLECK, Peter appointeddirector
- 2010-08-02➕CUMMING, Derek appointeddirector
- 2010-07-13🔓Charge satisfied #6
- 2010-07-13🔓Charge satisfied #5
- 2009-12-02🔒Charge registered #7Lender: Lloyds Tsb Commercial Finance Limited
- 2006-10-10🔒Charge registered #6Lender: The Governor and Company of the Bank of Scotland
Showing most recent 50 of 64 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 29 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: LAIRD, Lisa Helen resigned 2025-12-22; MURPHY, Laura resigned 2026-02-27
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Excellerate Services Uk Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Excellerate Services Uk Limited
Corporate parent · holds 75-100% shares · board control
⬇
G.S. ASSOCIATES (SCOTLAND) LIMITED
This company · SC172127
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 |
|---|---|---|---|---|
Excellerate Services Uk Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/07/2022 |
1 historic (ceased) PSC
- Gwyneth Flemingceased 01/07/2022· 75-100% shares · 75-100% voting · board control
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 →Similar companies
Active · Trade services · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| HARLEY & HUDSON LTD→ SC790559 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| HENDERSON TAXATION & ACCOUNTANCY SERVICES LTD→ SC454331 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| HIGHLANDS2HAMMOCKS LTD→ SC721117 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| HOWAT'S LAUNDRY SERVICES LTD→ SC777229 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| IN-WORK ENTERPRISES LTD.→ SC495974 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| INDEPENDENT FINANCIAL ADVICE CENTRE (GLASGOW) LIMITED→ SC317059 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| INSIGHT PROJECT CONTROLS LIMITED→ SC632762 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| J1WVS LTD→ SC666678 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| JAC-G VENTURES LTD→ SC826526 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| JBPML LIMITED→ SC881481 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| JET PACT LTD→ SC601243 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| JFM HAIR LTD→ SC767642 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated1997-02-06
Jurisdictionscotland
Primary SIC81210 — General cleaning of buildings
Registered office
Abbeymill Business Centre 12 Seedhill Road
Suite 5004
Paisley
PA1 1JS
Scotland
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2027-02-20
Last: 2026-02-06
Officers (2 active · 10 resigned)
HULLEY, Gordon George→
Activedirector · ~55y · appointed 2022-07-01
View their other companies + combined net worth →
PHIPPS, Clinton James→
Activedirector · ~56y · appointed 2022-07-01
View their other companies + combined net worth →
FLEMING, Gerald→
Resignedsecretary · appointed 1997-06-26 · resigned 2022-07-01
REID, Brian→
Resignednominee-secretary · appointed 1997-02-06 · resigned 1997-02-06
AFFLECK, Peter→
Resigneddirector · ~65y · appointed 2010-08-02 · resigned 2012-07-31
CUMMING, Derek→
Resigneddirector · ~71y · appointed 2010-08-02 · resigned 2022-07-01
FLEMING, Gwyneth→
Resigneddirector · ~77y · appointed 1997-06-26 · resigned 2022-07-01
LAIRD, Lisa Helen→
Resigneddirector · ~52y · appointed 2018-01-31 · resigned 2025-12-22
MABBOTT, Stephen→
Resignednominee-director · ~76y · appointed 1997-02-06 · resigned 1997-02-06
MURPHY, Laura→
Resigneddirector · ~44y · appointed 2021-08-23 · resigned 2026-02-27
SPEIRS, Sara Beatrice→
Resigneddirector · ~65y · appointed 1997-06-26 · resigned 2003-01-17
STRACHAN, Gary→
Resigneddirector · ~42y · appointed 2021-08-23 · resigned 2024-01-05
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
1
Outstanding
1
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Absa Bank (Acting Through Its Corporate and Investment Banking Division) Absa Bank Limited (Acting Through Its Corporate and Investment Banking Division) | A registered charge | 1 property | 08/06/2023 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 29/05/2013 | 21/02/2023 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Bond & floating charge | 1 property | 05/12/2011 | 10/02/2023 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Floating charge | 1 property | 02/12/2009 | 10/02/2023 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 10/10/2006 | 13/07/2010 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 05/06/2006 | 13/07/2010 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 21/01/2003 | 21/02/2023 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 21/09/2000 | 19/04/2022 | |
| satisfied | Royal Bank Invoice Finance Royal Bank Invoice Finance Limited | Floating charge | 1 property | 24/08/2000 | 19/04/2022 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 09/09/1998 | 21/02/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (141 total)
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2026-04-03
legacy
accounts · PARENT_ACC
2026-04-03
legacy
other · GUARANTEE2
2026-04-03
legacy
other · AGREEMENT2
2026-04-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-04
termination-director-company-with-name-termination-date
officers · TM01
2026-02-27
termination-director-company-with-name-termination-date
officers · TM01
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-10
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-07-31
legacy
other · AGREEMENT2
2024-07-31
legacy
other · GUARANTEE2
2024-07-12
legacy
accounts · PARENT_ACC
2024-07-12
termination-director-company-with-name-termination-date
officers · TM01
2024-05-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-12
change-person-director-company-with-change-date
officers · CH01
2023-11-16