GID FILMS LTD

💤Zombieactive
SC449436 · ltd · incorporated 2013-05-07
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
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Turnover
year to Jun 2024
Net worth
£11.0k
book net assets
Opportunity
63/100
Worth a look
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What this business does
Primary activity: Video production activities
Sector: Information & communication
Investor take
Special-situation opportunity
Distressed technology with salvageable qualities — special-situations priority.

Opportunity 63/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: strategic trade sale (40/100).

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £10,975

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£11k
Current Assets
£12k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-06-30
Total assets£11.0k
Current assets£11.6k
Net assets£11.0k

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
2
filings
  • 2 persons-with-significant-control
Last 180 days
2
filings
  • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-03-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  2. 2026-03-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-04-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-03-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  5. 2024-03-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-03-31
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  8. 2022-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-08-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-03-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-05-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2016-02-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-09-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  17. 2013-05-07
    🏢
    Company incorporated
    As GID FILMS LTD
  18. 2013-05-07
    REID, Ruth appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 13 years.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-28

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ruth Reid
Individual · British · DOB 04/1985 · age 41
75100%
75–100%board control75-100% shares · 75-100% voting · board control16/04/2016
1 historic (ceased) PSC
  • Ms Ruth Reidceased 06/03/2026· 75-100% shares · 75-100% voting · board control

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

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
Incorporated2013-05-07
Jurisdictionscotland
Primary SIC59112 — Video production activities

Registered office

9 Glasgow Road
Paisley
Renfrewshire
PA1 3QS

Filing status

Accounts
Next due: 2026-03-28OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-05-21
Last: 2025-05-07

Officers (1 active · 0 resigned)

REID, Ruth
director · ~41y · appointed 2013-05-07
View their other companies + combined net worth →
Active

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

Recent filings (31 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-23
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-18
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-27
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-17