GENERAL PARTNER NO.2 LIMITED

🌳Matureactive
SC251899 · ltd · incorporated 2003-06-27
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
73/100
Strong
🔔
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What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (60/100)

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
Confirmed no charges registered
85
Directors & officers
30 officers (3 active, 30 linked, 26 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
153 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (80 events)Click to expand
  1. 2025-08-14
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  2. 2025-08-14
    📄
    legacy
    accounts · PARENT_ACC
  3. 2025-08-14
    📄
    legacy
    other · GUARANTEE2
  4. 2025-08-14
    📄
    legacy
    other · AGREEMENT2
  5. 2024-09-17
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  6. 2024-09-17
    📄
    legacy
    accounts · PARENT_ACC
  7. 2024-09-17
    📄
    legacy
    other · AGREEMENT2
  8. 2024-09-13
    📄
    legacy
    other · GUARANTEE2
  9. 2024-08-29
    📄
    legacy
    accounts · PARENT_ACC
  10. 2024-08-29
    📄
    legacy
    other · AGREEMENT2
  11. 2024-06-18
    📄
    second-filing-of-director-appointment-with-name
    officers · RP04AP01
  12. 2024-06-18
    📄
    change-person-director-company
    officers · CH01
  13. 2024-06-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2024-05-09
    GALE, Peter resigned
    director
  15. 2024-05-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2024-03-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2024-03-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2024-03-22
    DULSKI, Gregory Philip appointed
    director
  19. 2024-03-22
    MCGOOHAN, Steve James appointed
    director
  20. 2024-03-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2024-02-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2024-02-14
    MOSS, Simon Gareth resigned
    director
  23. 2024-02-06
    SANDS, Karen Jane resigned
    director
  24. 2023-10-17
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  25. 2023-10-17
    📄
    legacy
    accounts · PARENT_ACC
  26. 2023-10-17
    📄
    legacy
    other · AGREEMENT2
  27. 2023-10-17
    📄
    legacy
    other · GUARANTEE2
  28. 2022-09-30
    WALSH, Helen Julia resigned
    director
  29. 2015-08-07
    ALLEN, Stephen resigned
    director
  30. 2015-08-07
    SANDS, Karen Jane appointed
    director
  31. 2015-08-07
    WALSH, Helen Julia appointed
    director
  32. 2014-07-14
    ALLEN, Stephen appointed
    director
  33. 2014-07-14
    MOSS, Simon Gareth appointed
    director
  34. 2014-06-27
    GOODLAD, Magnus James resigned
    director
  35. 2013-10-03
    MACKAY, Alan Browning resigned
    director
  36. 2013-09-18
    GOODLAD, Magnus James appointed
    director
  37. 2013-06-28
    NICHOLLS, Janine resigned
    director
  38. 2011-01-06
    NICHOLLS, Janine appointed
    director
  39. 2010-06-28
    FLYNN, Susan Deborah Leigh resigned
    director
  40. 2010-04-01
    HERMES SECRETARIAT LIMITED appointed
    corporate-secretary
  41. 2010-04-01
    CLARKE, Dean Leonard resigned
    secretary
  42. 2010-04-01
    CLARKE, Dean Leonard resigned
    director
  43. 2010-04-01
    FLYNN, Susan Deborah Leigh appointed
    director
  44. 2010-04-01
    GALE, Peter appointed
    director
  45. 2010-04-01
    MACKAY, Alan Browning appointed
    director
  46. 2010-04-01
    MCGOWAN, William Lindsay resigned
    director
  47. 2010-04-01
    MEYER, Jeffrey Stuart resigned
    director
  48. 2010-04-01
    STARLING, Keith Andrew resigned
    director
  49. 2009-11-27
    CLARKE, Dean Leonard appointed
    director
  50. 2009-11-27
    MCGOWAN, William Lindsay appointed
    director
Showing most recent 50 of 80 events

Owner dependency

58/100
Moderate — manageable with handover

Some 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

36/100
Weak signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Hermes Gpe Llp is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Hermes Gpe Llp
Corporate parent · holds 75-100% shares · board control
ultimate parent
GENERAL PARTNER NO.2 LIMITED
This company · SC251899

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%
NameSharesVoting rightsNature of controlNotified
Hermes Gpe Llp
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% 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
Incorporated2003-06-27
Jurisdictionscotland
Primary SIC70100 — Activities of head offices

Registered office

50 Lothian Road
Edinburgh
Midlothian
EH3 9WJ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-11
Last: 2025-06-27

Officers (3 active · 27 resigned)

HERMES SECRETARIAT LIMITED
corporate-secretary · appointed 2010-04-01
View their other companies + combined net worth →
Active
DULSKI, Gregory Philip
director · ~51y · appointed 2024-03-22
View their other companies + combined net worth →
Active
MCGOOHAN, Steve James
director · ~47y · appointed 2024-03-22
View their other companies + combined net worth →
Active
CLARKE, Dean Leonard
secretary · appointed 2003-12-19 · resigned 2010-04-01
Resigned
BURNESS SOLICITORS
corporate-nominee-secretary · appointed 2003-06-27 · resigned 2003-12-19
Resigned
AITKENHEAD, Leslie Allan
director · ~75y · appointed 2006-06-28 · resigned 2009-07-01
Resigned
ALLEN, Stephen
director · ~65y · appointed 2014-07-14 · resigned 2015-08-07
Resigned
BARTLEY, Roger Michael
director · ~74y · appointed 2004-07-05 · resigned 2006-07-31
Resigned
BEAZLEY, Charles John Sherard
director · ~67y · appointed 2004-07-05 · resigned 2006-06-30
Resigned
CLARKE, Dean Leonard
director · ~57y · appointed 2009-11-27 · resigned 2010-04-01
Resigned
CROSSETT, Kevin Stephen
director · ~66y · appointed 2007-10-01 · resigned 2008-08-13
Resigned
DAVIES, Susanna Frances
director · ~67y · appointed 2004-07-05 · resigned 2005-01-31
Resigned
FEENEY, Paul William
director · ~63y · appointed 2004-07-05 · resigned 2007-11-13
Resigned
FLYNN, Susan Deborah Leigh
director · ~70y · appointed 2010-04-01 · resigned 2010-06-28
Resigned
GALE, Peter
director · ~70y · appointed 2010-04-01 · resigned 2024-05-09
Resigned
GOODLAD, Magnus James
director · ~54y · appointed 2013-09-18 · resigned 2014-06-27
Resigned
JONES, Glyn Parry
director · ~74y · appointed 2003-07-24 · resigned 2004-12-30
Resigned
MACKAY, Alan Browning
director · ~64y · appointed 2010-04-01 · resigned 2013-10-03
Resigned
MCGOWAN, William Lindsay
director · ~58y · appointed 2009-11-27 · resigned 2010-04-01
Resigned
MEYER, Jeffrey Stuart
director · ~68y · appointed 2006-06-28 · resigned 2010-04-01
Resigned

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

Recent filings (153 total)

accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-08-14
legacy
accounts · PARENT_ACC
2025-08-14
legacy
other · GUARANTEE2
2025-08-14
legacy
other · AGREEMENT2
2025-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-09-17
legacy
accounts · PARENT_ACC
2024-09-17
legacy
other · AGREEMENT2
2024-09-17
legacy
other · GUARANTEE2
2024-09-13
legacy
accounts · PARENT_ACC
2024-08-29
legacy
other · AGREEMENT2
2024-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-27
second-filing-of-director-appointment-with-name
officers · RP04AP01
2024-06-18
change-person-director-company
officers · CH01
2024-06-18
change-person-director-company-with-change-date
officers · CH01
2024-06-17