GALLONE & SON LTD.
- · Oldest live charge 8.7y old — refinance window within 12 months
Opportunity 74/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 8.7y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 8.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key 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 | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £1.96M | £631.0k |
| Current assets | £1.65M | £284.9k |
| Cash | £1.17M | £98.3k |
| Debtors | £475.6k | £186.6k |
| Net assets | £907.1k | £397.3k |
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
Corporate timeline (40 events)Click to expand
- 2025-11-05➖SKELTON, Adrian James resigneddirector
- 2025-11-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-12📄capital-cancellation-sharescapital · SH06
- 2025-06-12📄capital-allotment-sharescapital · SH01
- 2025-06-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-05-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-05-27🔓Charge satisfied #1
- 2025-04-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-04-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-04-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-04-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-04-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-04-03📄capital-return-purchase-own-sharescapital · SH03
- 2024-09-30➕DUNSMORE, Stewart appointeddirector
- 2024-09-30➕POLLOCK, Ross appointeddirector
- 2024-06-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-06-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-05📄gazette-filings-brought-up-to-dategazette · DISS40
- 2020-12-01📄gazette-notice-compulsorygazette · GAZ1
- 2019-10-24🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2019-09-18➖SMITH, James Alexander resigneddirector
- 2019-06-17➖LACIOK, Richard Gavin resigneddirector
- 2017-09-07➖SMITH, James Alexander resignedsecretary
- 2017-09-07➕LACIOK, Richard Gavin appointeddirector
- 2017-09-07➕SKELTON, Adrian James appointeddirector
- 2017-09-07🔒Charge registered #1Lender: Rachel Smith
- 2012-03-01➖MARJORIBANKS, Gemma resigneddirector
- 2006-10-01➖DENHOLM, John Weir resigneddirector
- 2006-10-01➕MARJORIBANKS, Gemma appointeddirector
- 2001-02-27🏢Company incorporatedAs GALLONE & SON LTD.
- 2001-02-27➕SMITH, James Alexander appointedsecretary
- 2001-02-27➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2001-02-27➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2001-02-27➕DENHOLM, John Weir appointeddirector
- 2001-02-27➕SMITH, James Alexander appointeddirector
- 2001-02-27➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2001-02-27➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ross Pollock Individual · British · DOB 03/1991 · age 35 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/09/2024 |
Stewart Dunsmore Individual · British · DOB 11/1989 · age 37 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/09/2024 |
3 historic (ceased) PSCs
- Mr Adrian James Skeltonceased 30/09/2024· 75-100% shares
- Mr James Alexander Smithceased 30/06/2019· significant influence
- Mrs Maureen Smithceased 30/06/2019· significant influence
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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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 →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 (2 active · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 24/10/2019 | — | |
| satisfied | Rachel Smith / Maureen Smith / James Smith | A registered charge | — | 07/09/2017 | 27/05/2025 |