GTS CENTRAL LTD

🌳Matureactive

SC361392 · ltd · incorporated 2009-06-18

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 12.4y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Apr 2025

Net worth

£1.76M

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Retail sale of computers, peripheral units and software in specialised stores

Sector: Wholesale & retail

ALSO REGISTERED FOR

47710Retail sale of clothing in specialised stores
47721Retail sale of footwear in specialised stores

Investor take

Pursue

Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 83/100 (exceptional), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 12.4y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 12.4 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 3 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

8 officers (5 active, 8 linked, 7 with DOB)

Ownership & PSC

2 active PSC(s) of 6 total, 6 with control declared

Director network

1 connected companies via shared directors

Filing history

73 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £1,757,955

Cash YoY

+84%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£398k

↑ 84% YoY

Net Worth

£1.8m

↑ 13% YoY

Current Assets

£2.2m

↑ 6.4% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-04-30	2024-04-30
Total assets	£1.80M	£1.56M
Current assets	£2.22M	£2.08M
Cash	£397.6k	£216.4k
Debtors	£758.7k	£1.22M
Net assets	£1.76M	£1.55M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (32 events)Click to expand

2026-01-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-18
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-16
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
2025-06-14
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-25
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-16
📄
change-person-director-company-with-change-date
officers · CH01
2024-02-27
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-01-24
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-23
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-10-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-26
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-10-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-09-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-09-12
➕
PETURSSON, Petur Magni appointed
director
2021-09-10
➕
WILLIAMSON, Joseph Maxie appointed
director
2020-10-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-09-03
➖
ALFREDSSON, Agust resigned
director
2019-10-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-27
➕
ALFREDSSON, Agust appointed
director
2018-11-03
➖
ALFREDSSON, Agust resigned
director
2016-04-04
➖
AGUSTSSON, Haraldur resigned
director
2014-01-13
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2009-06-18
🏢
Company incorporated
As GTS CENTRAL LTD
2009-06-18
➕
PETERSON, Eric Spence appointed
secretary
2009-06-18
➕
AGUSTSDOTTIR, Helga Vala appointed
director
2009-06-18
➕
WILLIAMSON, Lyle Robert appointed
director
2009-06-18
➕
AGUSTSSON, Haraldur appointed
director
2009-06-18
➕
ALFREDSSON, Agust appointed
director

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 69 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

33/100

Weak signal

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

SIGNALS

primaryFamily succession underway: Not a takeover target — WILLIAMSON, Joseph Maxie (same surname) appointed 2021-09-10. Pattern consistent with intra-family handover.
primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
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

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

Name	Shares	Voting rights	Nature of control	Notified
Mr Andrew Barry Shepherd Individual · British · DOB 12/1970 · age 56	25–50%	25–50%	25-50% shares · 25-50% voting · trust interest	20/04/2018
Ms Helga Vala Agustsdottir Individual · Icelandic,British · DOB 10/1976 · age 50	—	—	sig. influencesignificant influence · trust interest	08/06/2021

4 historic (ceased) PSCs

Helga Vala Agustsdottirceased 24/01/2024· 50-75% shares · 50-75% voting · trust interest
Ms Helga Vala Ausgustdottirceased 14/06/2025· 50-75% shares · 50-75% voting · trust interest · firm interest
Mr Lyle Robert Williamsonceased 17/03/2025· 25-50% shares
Mr Haraldur Agustssonceased 20/04/2018· 25-50% shares · 25-50% voting

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

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CEE & JAYS LIMITED→ SC335262 · est 2007	—	—	—	800	18y	83	64y
FRANK WILLIAMSON LIMITED→ SC263009 · est 2004	—	—	—	10	22y	82	72y
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HARRY'S DEPARTMENT STORE LIMITED→ SC242309 · est 2003	—	—	£775.2k	—	23y	80	58y
AYWICK SHOP LTD→ SC466305 · est 2013	—	—	£172.0k	—	12y	79	84y
BOLTS SHETLAND LIMITED→ SC033840 · est 1959	—	—	—	—	67y	79	65y
HILLSWICK SHOP LTD→ SC366918 · est 2009	—	—	—	11	16y	79	71y
D H MARINE (MERGI) LIMITED→ SC285528 · est 2005	—	—	£699.7k	—	20y	78	53y
HOULLS HORSES AND HOUNDS LIMITED→ SC469404 · est 2014	—	—	—	1	12y	78	63y
BURNS LANE CLOTHING LTD→ SC577615 · est 2017	—	—	—	300	8y	77	64y
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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.

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Company details

Statusactive

Typeltd

Incorporated2009-06-18

Jurisdictionscotland

Primary SIC47410 — Retail sale of computers, peripheral units and software in specialised stores

Registered office

Bank Of Scotland Buildings Hangcliff Lane

Lerwick

Shetland

ZE1 0EB

Scotland

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2027-03-06

Last: 2026-02-20