G S ELDER LIMITED
💤Zombieactive
SC283138 · ltd · incorporated 2005-04-13
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 Jun 2024
Net worth
£21.2k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Construction of other civil engineering projects n.e.c.
Sector: Construction
Investor take
PursueActive trading company with a 60-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 20.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 20.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
64 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 · FRS 102Positive net assets
Net assets £21,231
Key financials
2 years extracted from filed iXBRL accountsCash
£19k
Net Worth
£21k
Current Assets
£41k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-06-30 | 2023-06-30 |
|---|---|---|
| Total assets | £31.2k | — |
| Current assets | £41.1k | — |
| Cash | £19.2k | — |
| Debtors | £21.5k | — |
| Net assets | £21.2k | — |
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 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2025-03-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-03-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-03-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-03-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-10-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-06-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-05-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-03-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-03-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-03-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2017-03-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-03-21➖ELDER, Elaine Carol resigneddirector
- 2016-04-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-03-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-04-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-03-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-07-27🔒Charge registered #4Lender: Peter Martin Webber and an Other
- 2009-07-14🔒Charge registered #3Lender: Peter Martin Webber and Another
- 2008-05-23🔓Charge satisfied #2
- 2006-01-10🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2005-10-27🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2005-04-13🏢Company incorporatedAs G S ELDER LIMITED
- 2005-04-13➕ELDER, Elaine Carol appointedsecretary
- 2005-04-13➕ELDER, George Stewart appointeddirector
- 2005-04-13➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2005-04-13➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2005-04-13➕ELDER, Elaine Carol appointeddirector
Owner dependency
100/100
Critical — business is the founderThe 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.
- +Founder name in company name: Company name contains director surname "ELDER" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
85/100
Likely off-market candidateStrong 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 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 21 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr George Stewart Elder Individual · British · DOB 05/1966 · age 60 | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GILBERTS GROUNDWORKS LTD→ SC657477 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| GORDON WYLLIE STEEL STRUCTURES LIMITED→ SC297447 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| GOWRIE CONTRACTS LIMITED→ SC311140 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| GUILD PLUMBING & HEATING LTD→ SC670701 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| GW PROPERTY SOLUTIONS LTD→ SC883337 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HEATHER INVESTMENTS LIMITED→ SC665691 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| IAN KIDD & SON LTD→ SC412188 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| INFINITY GARDEN SOLUTIONS LTD→ SC646077 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| INTELLIGENT HOME SYSTEMS LTD→ SC232306 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| INVERTAY CONSTRUCTION LTD→ SC654543 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| J.M. ROOFING AND BUILDING LTD→ SC841847 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| JB SEXTON INTERIORS LIMITED→ SC500071 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
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
Incorporated2005-04-13
Jurisdictionscotland
Primary SIC42990 — Construction of other civil engineering projects n.e.c.
Registered office
15 Court Hillock Gardens
Kirriemuir
Angus
DD8 4JZ
Scotland
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2027-04-07
Last: 2026-03-24
Officers (2 active · 2 resigned)
ELDER, Elaine Carol→
Activesecretary · appointed 2005-04-13
View their other companies + combined net worth →
ELDER, George Stewart→
Activedirector · ~60y · appointed 2005-04-13
View their other companies + combined net worth →
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2005-04-13 · resigned 2005-04-13
ELDER, Elaine Carol→
Resigneddirector · ~64y · appointed 2005-04-13 · resigned 2017-03-21
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
3
Outstanding
3
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Peter Martin Webber and an Other | Standard security | 1 property | 27/07/2009 | — | |
| outstanding | Peter Martin Webber and Another | Standard security | 1 property | 14/07/2009 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 10/01/2006 | 23/05/2008 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 27/10/2005 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (64 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-03-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-10-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-03-28