GARRATON FAULDS LIMITED

💤Zombieactive
SC416761 · ltd · incorporated 2012-02-10
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 Dec 2024
Net worth
£-117
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Temporary employment agency activities
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 77/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 65). 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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 8.6y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 8.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
34 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
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £117

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£117
~ YoY
Current Assets
£143
~ YoY
Current Liabilities
-£117-£65-£13£39£91£143Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£-117£-117
Current assets£143£143
Debtors£143£143
Net assets£-117£-117

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 (20 events)Click to expand
  1. 2025-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-29
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2024-09-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-08-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-08-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-03-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-07-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-02-12
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2018-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-10-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2017-09-20
    🔒
    Charge registered #1
    Lender: Rbs Invoice Finance LTD
  13. 2017-04-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-06-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-02-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-02-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2012-02-10
    🏢
    Company incorporated
    As GARRATON FAULDS LIMITED
  18. 2012-02-10
    O'RAW, Joe appointed
    director
  19. 2012-02-10
    MABBOTT, Stephen George appointed
    director
  20. 2012-02-10
    MABBOTT, Stephen George resigned
    director

Owner dependency

90/100
Critical — business is the founder

The 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 age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

78/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 14 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-04-29: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Joseph O'Raw
Individual · British · DOB 04/1961 · age 65
75100%
75-100% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2012-02-10
Jurisdictionscotland
Primary SIC78200 — Temporary employment agency activities

Registered office

30-32 Muir Street
Motherwell
ML1 1BN

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-24
Last: 2026-02-10

Officers (1 active · 1 resigned)

O'RAW, Joe
director · ~65y · appointed 2012-02-10
View their other companies + combined net worth →
Active
MABBOTT, Stephen George
director · ~76y · appointed 2012-02-10 · resigned 2012-02-10
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
NatWest Group
Rbs Invoice Finance LTD
A registered charge20/09/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (34 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-16
certificate-change-of-name-company
change-of-name · CERTNM
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-02