GYMTASTIC PENICUIK LTD
💤Zombieactive
SC356705 · ltd · incorporated 2009-03-17
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
£155.2k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other sports activities
Sector: Arts, entertainment & recreation
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · oldest 11.4y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 11.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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
2 charges (2/2 with lender, 2/2 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
1 connected companies via shared directors
48
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £155,176
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£155k
Current Assets
£13k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £210.2k | — |
| Current assets | £13.0k | — |
| Net assets | £155.2k | — |
| Average employees | — | 500 |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2025-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-07-26📄resolutionresolution · RESOLUTIONS
- 2016-12-14📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-01-11📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-09-03📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-03-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2015-03-12🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2015-01-06📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-12-05🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2010-09-01➕ROBERTSON, Neil William appointedsecretary
- 2010-09-01➖MASON, Eleanor Christina resignedsecretary
- 2010-09-01➖MASON, Eleanor Christina resigneddirector
- 2009-03-17🏢Company incorporatedAs GYMTASTIC PENICUIK LTD
- 2009-03-17➕ROBERTSON, Neil William appointeddirector
- 2009-03-17➕MASON, Eleanor Christina appointedsecretary
- 2009-03-17➕MASON, Eleanor Christina appointeddirector
Owner dependency
85/100
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 17 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 17 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 Neil William Robertson Individual · British · DOB 08/1988 · age 38 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence | 06/04/2016 |
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 →Similar companies
Active · Leisure & entertainment · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GANDER PRODUCTIONS LTD→ SC865465 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GLADSTONE GYM LIMITED→ SC663464 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| GLORY DAYS LIMITED→ SC221388 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| GM MAC LIMITED→ SC669291 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| GO CRAZY KARTS LTD→ SC829746 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GOLD AND GRAY SOCCER ACADEMY LTD→ SC642229 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| GOLF ACTIVITY LIMITED→ SC221138 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| GOLF DESIGN SCOTLAND LTD.→ SC224717 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| GRANTON YOUTH LTD.→ SC340606 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| GSI EVENTS LTD→ SC345996 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| H ALEXANDER LTD→ SC858785 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HAME-ISH ARTS CIC→ SC780245 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2009-03-17
Jurisdictionscotland
Primary SIC93199 — Other sports activities
Registered office
Gymtastic Party Centre
30 John Street
Penicuik
Midlothian
EH26 8AB
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-08
Last: 2025-08-25
Officers (2 active · 2 resigned)
ROBERTSON, Neil William→
Activesecretary · appointed 2010-09-01
View their other companies + combined net worth →
ROBERTSON, Neil William→
Activedirector · ~38y · appointed 2009-03-17
View their other companies + combined net worth →
MASON, Eleanor Christina→
Resignedsecretary · appointed 2009-03-17 · resigned 2010-09-01
MASON, Eleanor Christina→
Resigneddirector · ~62y · appointed 2009-03-17 · resigned 2010-09-01
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 12/03/2015 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 05/12/2014 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (45 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-08-30