G.A.S. AUTOGAS LIMITED

💤Zombieactive
SC217011 · ltd · incorporated 2001-03-20
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 Feb 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (65/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. 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
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review 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£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29

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

🔒Filing-note intelligence

2 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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-11-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2016-11-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-04-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-11-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-04-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-11-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-04-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2013-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2008-02-26
    ZAHARIEV, Gosho Kroumov resigned
    director
  18. 2006-04-10
    DIMOVA-YANEVA, Daniela, Dr appointed
    secretary
  19. 2006-04-07
    CAMERON ZAHARIEVA, Audrey Margaret resigned
    secretary
  20. 2001-05-14
    PARMAKOV, Alexander Pavlov resigned
    director
  21. 2001-03-20
    🏢
    Company incorporated
    As G.A.S. AUTOGAS LIMITED
  22. 2001-03-20
    YANEV, Spas Pavlov appointed
    director
  23. 2001-03-20
    CAMERON ZAHARIEVA, Audrey Margaret appointed
    secretary
  24. 2001-03-20
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  25. 2001-03-20
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  26. 2001-03-20
    PARMAKOV, Alexander Pavlov appointed
    director
  27. 2001-03-20
    ZAHARIEV, Gosho Kroumov appointed
    director

Owner dependency

93/100
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 25 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

80/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-15

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Spas Pavlov Yanev
Individual · Bulgarian · DOB 11/1966 · age 60
sig. influencesignificant influence06/04/2016

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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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
Incorporated2001-03-20
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

78/2 Granton Crescent
Edinburgh
EH5 1PB

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-03-15OVERDUE
Last: 2025-03-01

Officers (2 active · 4 resigned)

DIMOVA-YANEVA, Daniela, Dr
secretary · appointed 2006-04-10
View their other companies + combined net worth →
Active
YANEV, Spas Pavlov
director · ~60y · appointed 2001-03-20
View their other companies + combined net worth →
Active
CAMERON ZAHARIEVA, Audrey Margaret
secretary · appointed 2001-03-20 · resigned 2006-04-07
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2001-03-20 · resigned 2001-03-20
Resigned
PARMAKOV, Alexander Pavlov
director · ~64y · appointed 2001-03-20 · resigned 2001-05-14
Resigned
ZAHARIEV, Gosho Kroumov
director · ~69y · appointed 2001-03-20 · resigned 2008-02-26
Resigned

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

Recent filings (60 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-28