GIGLETS LIMITED
🌳Matureactive
SC395574 · ltd · incorporated 2011-03-16
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£-931.5k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Motion picture production activities
Sector: Information & communication
ALSO REGISTERED FOR
- 62012Business and domestic software development
- 85200Primary education
- 85310General secondary education
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -80% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (73/100).
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, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (4 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
71 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £931,514
Cash draining
Cash down 80% YoY
Cash YoY
-80%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£33k
↓ 80% YoY
Net Worth
-£932k
↓ 158% YoY
Current Assets
£720k
↑ 39% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £673.5k | £575.6k |
| Current assets | £719.8k | £518.9k |
| Cash | £32.5k | £160.1k |
| Debtors | £687.3k | £358.8k |
| Net assets | £-931.5k | £-360.8k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2025-05-27📄accounts-with-accounts-type-smallaccounts · AA
- 2024-12-23📄accounts-with-accounts-type-smallaccounts · AA
- 2023-09-29📄accounts-with-accounts-type-smallaccounts · AA
- 2023-02-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-01-19➖MCGHEE, Jacqueline resigneddirector
- 2022-05-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-04-14📄capital-name-of-class-of-sharescapital · SH08
- 2022-04-14📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2022-03-22📄resolutionresolution · RESOLUTIONS
- 2022-03-18📄memorandum-articlesincorporation · MA
- 2022-03-18📄resolutionresolution · RESOLUTIONS
- 2022-03-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-03-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-03-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-11➕BROHMÉ, Johan Victor appointeddirector
- 2022-03-11➕SKOGHOLM, Jakob appointeddirector
- 2022-03-11➖KARCHER, Karsten, Dr resigneddirector
- 2022-03-11➕MCGHEE, Jacqueline appointeddirector
- 2022-02-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2011-05-09➕JOHNSTONE, Craig George Smith appointedsecretary
- 2011-05-07➕KARCHER, Karsten, Dr appointeddirector
- 2011-03-16🏢Company incorporatedAs GIGLETS LIMITED
- 2011-03-16➕JOHNSTONE, Craig George Smith appointeddirector
Owner dependency
60/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
53/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 15 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.)
Group structure
Ilt Inläsningstjänst Ab is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Ilt Inläsningstjänst Ab
Corporate parent · holds 75-100% shares · board control
⬇
GIGLETS LIMITED
This company · SC395574
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ilt Inläsningstjänst Ab Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control · trust interest · firm interest | 11/03/2022 |
2 historic (ceased) PSCs
- Dr Karsten Karcherceased 11/03/2022· 25-50% shares · 25-50% voting · board control
- Craig George Smith Johnstoneceased 11/03/2022· 25-50% shares · 25-50% voting · board control
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 · Technology · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GARNOCK VALLEY MUSIC NETWORK CIC→ SC822488 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GRAHAM TECHNOLOGY CONSULTING LIMITED→ SC387250 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| HACKCASTS LTD→ SC882757 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HELIX NORTH LTD→ SC508898 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| HOLLZERS LIMITED→ SC850999 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HOP ON PRODUCTIONS LIMITED→ SC441541 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| J-LIKE LTD→ SC716616 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| JAMIE BROWN FILMS LTD→ SC663771 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| JEN GRAHAM DESIGNS LTD→ SC863767 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| JUHUU LTD→ SC416874 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| KIRKOSWALD LIMITED→ SC326161 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| KONEXON LTD→ SC465547 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
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
Incorporated2011-03-16
Jurisdictionscotland
Primary SIC59111 — Motion picture production activities
Registered office
44 Bank Street
Kilmarnock
East Ayrshire
KA1 1HA
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31
Officers (4 active · 2 resigned)
JOHNSTONE, Craig George Smith→
Activesecretary · appointed 2011-05-09
View their other companies + combined net worth →
BROHMÉ, Johan Victor→
Activedirector · ~41y · appointed 2022-03-11
View their other companies + combined net worth →
JOHNSTONE, Craig George Smith→
Activedirector · ~37y · appointed 2011-03-16
View their other companies + combined net worth →
SKOGHOLM, Jakob→
Activedirector · ~50y · appointed 2022-03-11
View their other companies + combined net worth →
KARCHER, Karsten, Dr→
Resigneddirector · ~59y · appointed 2011-05-07 · resigned 2022-03-11
MCGHEE, Jacqueline→
Resigneddirector · ~42y · appointed 2022-03-11 · resigned 2023-01-19
Click a director name to see their full track record across all companies.
Recent filings (71 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-02
accounts-with-accounts-type-small
accounts · AA
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-14
accounts-with-accounts-type-small
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-18
accounts-with-accounts-type-small
accounts · AA
2023-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-26
termination-director-company-with-name-termination-date
officers · TM01
2023-02-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-05-20
capital-name-of-class-of-shares
capital · SH08
2022-04-14
capital-variation-of-rights-attached-to-shares
capital · SH10
2022-04-14
resolution
resolution · RESOLUTIONS
2022-03-22
memorandum-articles
incorporation · MA
2022-03-18
resolution
resolution · RESOLUTIONS
2022-03-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-03-18