GAPP TRADING LIMITED

🌳Matureactive
SC236694 · ltd · incorporated 2002-09-11
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 21.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
£9.6k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 2 lenders · oldest 21.7y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 21.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (72/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 3 with DOB)
79
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
75 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
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £9,563

Key financials

1 year extracted from filed iXBRL accounts
Cash
£11k
Net Worth
£10k
Current Assets
£11k
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-12-31
Total assets£9.6k
Current assets£11.4k
Cash£11.4k
Net assets£9.6k

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

🔒Filing-note intelligence

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

Last 30 days
1
filing
  • • 1 gazette
Last 90 days
4
filings
  • • 2 accounts
  • • 1 gazette
  • • 1 dissolution
Last 180 days
4
filings
  • • 2 accounts
  • • 1 gazette
  • • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-04-07
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-03-30
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2026-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2026-03-18
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  5. 2024-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-01-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-08-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-11-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-06-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2019-06-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2019-06-26
    🔒
    Charge registered #5
    Lender: Interbay Funding Limited
  14. 2019-06-26
    🔒
    Charge registered #4
    Lender: Interbay Funding Limited
  15. 2018-10-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-07-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2018-07-23
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  18. 2018-07-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2017-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2017-05-25
    🔓
    Charge satisfied #3
  21. 2017-05-25
    🔓
    Charge satisfied #2
  22. 2017-05-25
    🔓
    Charge satisfied #1
  23. 2004-12-23
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  24. 2004-08-20
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  25. 2004-08-14
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  26. 2004-08-04
    ➕
    WELSH, Paul appointed
    secretary
  27. 2004-08-04
    ➖
    SWANARROIN LIMITED resigned
    corporate-secretary
  28. 2003-08-01
    ➕
    SINGH GILL, Kuldip appointed
    director
  29. 2003-08-01
    ➕
    WELSH, Paul appointed
    director
  30. 2002-09-11
    🏢
    Company incorporated
    As GAPP TRADING LIMITED
  31. 2002-09-11
    ➕
    KOONER, Jasbinder Singh appointed
    director
  32. 2002-09-11
    ➕
    M W DOUGLAS & COMPANY LIMITED appointed
    corporate-nominee-secretary
  33. 2002-09-11
    ➖
    M W DOUGLAS & COMPANY LIMITED resigned
    corporate-nominee-secretary
  34. 2002-09-11
    ➕
    SWANARROIN LIMITED appointed
    corporate-secretary
  35. 2002-09-11
    ➕
    DOUGLAS NOMINEES LIMITED appointed
    corporate-nominee-director
  36. 2002-09-11
    ➖
    DOUGLAS NOMINEES LIMITED resigned
    corporate-nominee-director

Owner dependency

68/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — 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
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Paul Welsh
Individual · British · DOB 05/1963 · age 63
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mr Kuldip Singh Gill
Individual · British · DOB 11/1968 · age 58
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mr Jasbinder Singh Kooner
Individual · British · DOB 08/1970 · age 56
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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

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
Incorporated2002-09-11
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

190 Glasgow Road
Paisley
Glasgow
Renfrewshire
PA1 3LT

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-09-25
Last: 2025-09-11

Officers (4 active · 3 resigned)

WELSH, Paul→
secretary · appointed 2004-08-04
View their other companies + combined net worth →
Active
KOONER, Jasbinder Singh→
director · ~56y · appointed 2002-09-11
View their other companies + combined net worth →
Active
SINGH GILL, Kuldip→
director · ~58y · appointed 2003-08-01
View their other companies + combined net worth →
Active
WELSH, Paul→
director · ~63y · appointed 2003-08-01
View their other companies + combined net worth →
Active
M W DOUGLAS & COMPANY LIMITED→
corporate-nominee-secretary · appointed 2002-09-11 · resigned 2002-09-11
Resigned
SWANARROIN LIMITED→
corporate-secretary · appointed 2002-09-11 · resigned 2004-08-04
Resigned
DOUGLAS NOMINEES LIMITED→
corporate-nominee-director · appointed 2002-09-11 · resigned 2002-09-11
Resigned

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

Mortgages & charges

5
Total charges
2
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
InterBay
Interbay Funding Limited
A registered charge1 property26/06/2019—
outstanding
InterBay
Interbay Funding Limited
A registered charge1 property26/06/2019—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/12/200425/05/2017
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge2 properties20/08/200425/05/2017
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge2 properties14/08/200425/05/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (75 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-07
dissolution-application-strike-off-company
dissolution · DS01
2026-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-18
change-account-reference-date-company-previous-extended
accounts · AA01
2026-03-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-15
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-22
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-16
confirmation-statement-with-updates
confirmation-statement · CS01
2020-09-24