GT SEAFOODS LIMITED

🌳Matureactive
SC241817 · ltd · incorporated 2003-01-07
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 23.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£2.21M
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 10200
Sector: Manufacturing
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 82/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 23.1y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 23.1 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.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
76 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2,212,118
Net assets shrinking
Down £24,295 YoY
Cash YoY
+5%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.3m
↑ 4.9% YoY
Net Worth
£2.2m
↓ 1.1% YoY
Current Assets
£2.8m
↑ 7.5% YoY
Current Liabilities
—
£0£566k£1.1m£1.7m£2.3m£2.8mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£2.21M£2.24M
Current assets£2.83M£2.63M
Cash£1.30M£1.24M
Debtors£1.53M£1.39M
Net assets£2.21M£2.24M

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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2025-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2024-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-05-17
    ➖
    WOOD, Kyle Aitchison resigned
    director
  5. 2023-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-08-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2022-10-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2022-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-05-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2022-05-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2022-05-16
    ➕
    WOOD, Kyle Aitchison appointed
    director
  12. 2022-05-09
    ➕
    TALLIS, Emma appointed
    director
  13. 2021-11-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-09-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-06-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2020-06-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2020-06-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2019-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2018-11-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2018-11-06
    🔓
    Charge satisfied #2
  21. 2018-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2011-07-02
    ➖
    THE GRANT SMITH LAW PRACTICE resigned
    corporate-secretary
  23. 2011-05-03
    🔒
    Charge registered #2
    Lender: Rbs Invoice Finance Limited
  24. 2004-01-14
    ➖
    MACKAY, Julia resigned
    secretary
  25. 2004-01-14
    ➕
    THE GRANT SMITH LAW PRACTICE appointed
    corporate-secretary
  26. 2003-03-18
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  27. 2003-01-07
    🏢
    Company incorporated
    As GT SEAFOODS LIMITED
  28. 2003-01-07
    ➕
    TALLIS, Graeme appointed
    director
  29. 2003-01-07
    ➕
    MACKAY, Julia appointed
    secretary
  30. 2003-01-07
    ➕
    AT SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  31. 2003-01-07
    ➖
    AT SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  32. 2003-01-07
    ➕
    AT DIRECTORS LIMITED appointed
    corporate-nominee-director
  33. 2003-01-07
    ➖
    AT DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

84/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — TALLIS, Emma (same surname) appointed 2022-05-09. Pattern consistent with intra-family handover.
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Graeme Tallis
Individual · British · DOB 10/1964 · age 62
25–50%
—25-50% shares07/04/2016
Mrs Emma Tallis
Individual · British · DOB 11/1980 · age 46
25–50%
—25-50% shares06/04/2016
2 historic (ceased) PSCs
  • Mr Graeme Tallisceased 06/04/2016· 50-75% shares
  • Mr Graeme Tallisceased 06/04/2016· 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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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
Incorporated2003-01-07
Jurisdictionscotland
Primary SIC10200 — SIC 10200

Registered office

Goldwells House
Grange Road
Peterhead
AB42 1WN
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-20
Last: 2026-01-06

Officers (2 active · 5 resigned)

TALLIS, Emma→
director · ~46y · appointed 2022-05-09
View their other companies + combined net worth →
Active
TALLIS, Graeme→
director · ~62y · appointed 2003-01-07
View their other companies + combined net worth →
Active
MACKAY, Julia→
secretary · appointed 2003-01-07 · resigned 2004-01-14
Resigned
AT SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2003-01-07 · resigned 2003-01-07
Resigned
THE GRANT SMITH LAW PRACTICE→
corporate-secretary · appointed 2004-01-14 · resigned 2011-07-02
Resigned
WOOD, Kyle Aitchison→
director · ~29y · appointed 2022-05-16 · resigned 2024-05-17
Resigned
AT DIRECTORS LIMITED→
corporate-nominee-director · appointed 2003-01-07 · resigned 2003-01-07
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
NatWest Group
Rbs Invoice Finance Limited
Floating charge1 property03/05/201106/11/2018
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property18/03/2003—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (76 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-18
termination-director-company-with-name-termination-date
officers · TM01
2025-02-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-03
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-16
change-person-director-company-with-change-date
officers · CH01
2022-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-05
appoint-person-director-company-with-name-date
officers · AP01
2022-05-23
appoint-person-director-company-with-name-date
officers · AP01
2022-05-23
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-02