GMCR PROPERTIES LIMITED
💤Zombieactive
SC291225 · ltd · incorporated 2005-10-04
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 Mar 2025
Net worth
£274.8k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
PursueActive trading company with a 60-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (53/100).
🏦
Refinance opportunity
18 live charges · 4 lenders · oldest 20.3y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 20.3 years old — likely at or near maturity.
- · 4 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
18 charges (18/18 with lender, 18/18 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £274,796
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£275k
↑ 6.3% YoY
Current Assets
£1k
↑ 247% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £651.8k | £640.5k |
| Current assets | £1.3k | £378 |
| Net assets | £274.8k | £258.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
7
filings
- • 6 mortgage
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
- 2025-12-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-22🔒Charge registered #18Lender: Aldermore Bank PLC
- 2025-12-22🔒Charge registered #17Lender: Aldermore Bank PLC
- 2025-12-22🔒Charge registered #16Lender: Aldermore Bank PLC
- 2025-12-22🔒Charge registered #15Lender: Aldermore Bank PLC
- 2025-12-22🔒Charge registered #14Lender: Aldermore Bank PLC
- 2025-12-22🔒Charge registered #13Lender: Aldermore Bank PLC
- 2025-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-08📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-05-25📄gazette-notice-compulsorygazette · GAZ1
- 2020-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-26📄gazette-filings-brought-up-to-dategazette · DISS40
- 2020-02-25📄gazette-notice-compulsorygazette · GAZ1
- 2019-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2015-08-25🔒Charge registered #12Lender: Lowry Capital Limited
- 2008-11-04🔒Charge registered #11Lender: Royal Bank of Scotland PLC
- 2008-06-02🔒Charge registered #10Lender: Royal Bank of Scotland PLC
- 2007-12-10🔒Charge registered #9Lender: The Royal Bank of Scotland PLC
- 2007-11-23🔒Charge registered #8Lender: The Royal Bank of Scotland PLC
- 2007-10-26🔒Charge registered #7Lender: The Royal Bank of Scotland PLC
- 2007-05-25🔒Charge registered #6Lender: The Royal Bank of Scotland PLC
- 2007-05-21🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2006-09-05🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2006-09-05🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2006-01-27🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2006-01-25🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2005-10-04🏢Company incorporatedAs GMCR PROPERTIES LIMITED
- 2005-10-04➕SMITH, Morag appointedsecretary
- 2005-10-04➕SMITH, Graeme William appointeddirector
Owner dependency
98/100
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.
- +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.
- +No director turnover: Company is 21 years old with no director changes — suggests a very tight-knit founder team never broadened.
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
1 med · 1 low6 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2025-12-22: A registered charge; 2025-12-22: A registered charge; 2025-12-22: A registered charge
18 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Graeme William Smith Individual · British · DOB 07/1966 · age 60 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mrs Morag Smith Individual · British · DOB 10/1962 · age 64 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Trade services · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| G H C LEITH (PROPERTIES) LIMITED→ SC062662 · est 1977 · no financials extracted | — | — | — | — | 48y | — | — |
| GARY MCNAMARA ENGINEERING SERVICES LTD.→ SC390007 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| GB ESTIMATING SOLUTIONS LTD→ SC434407 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| GEBS CONSULTING LIMITED→ SC666471 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| GEORGE VANCE INSPECTION LTD→ SC643343 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| GILES RENEWABLES LIMITED→ SC381483 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| GMC LIMITED→ SC125555 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| GOODGRUN LTD→ SC506067 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| GP SHIPPING SERVICES LTD→ SC343435 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| GQS GROUP LIMITED→ SC758822 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| GRAB PACKAGING UK LTD→ SC796505 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| GRACE CONSULTANCY SOLUTIONS LTD→ SC831891 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2005-10-04
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
Mains Of Gask Cottage
Longhaven
Peterhead
Aberdeenshire
AB42 0PS
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-18
Last: 2025-10-04
Officers (2 active · 0 resigned)
Active
SMITH, Graeme William→
Activedirector · ~60y · appointed 2005-10-04
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
18
Total charges
18
Outstanding
3
Active lenders
Status:Lender:18 of 18 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 2 properties | 22/12/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 22/12/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 22/12/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 22/12/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 22/12/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 2 properties | 22/12/2025 | — | |
| outstanding | Lowry Capital Lowry Capital Limited | A registered charge | 1 property | 25/08/2015 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 04/11/2008 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 02/06/2008 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 10/12/2007 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 23/11/2007 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 26/10/2007 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 25/05/2007 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 21/05/2007 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 05/09/2006 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 05/09/2006 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 27/01/2006 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 25/01/2006 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (63 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-31
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-21