GMSS HOLDINGS LIMITED

🌳Matureactive

SC478614 · ltd · incorporated 2014-05-28

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.

Why now

Window opening · high confidence

More negotiable than before — 3 signals weakening over the last 30 days.

· Hygiene score: 90 → 70
· Opportunity score: 79 → 71
· Bankability: 75 → 65
· Distress / opportunity: avoid → attractive

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 11.7y old — refinance window within 12 months

What changed my view

Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

↓Opportunity score: 79 → 71
↓Hygiene score: 90 → 70
↓Bankability: 75 → 65
·Distress / opportunity: avoid → attractive

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2024

Net worth

—

book net assets

Opportunity

71/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other manufacturing n.e.c.

Sector: Manufacturing

Investor take

Special-situation opportunity

Distressed manufacturing with salvageable qualities — special-situations priority.

Opportunity 71/100 (strong), bankability 65/100. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 11.7y

80/100

ready

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

· Oldest live charge is 11.7 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 15/100 — clean.
· Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: medium (74/100)

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

Lenders & charges

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

Directors & officers

6 officers (4 active, 6 linked, 6 with DOB)

Ownership & PSC

1 active PSC(s) of 4 total, 4 with control declared

Director network

5 connected companies via shared directors

Filing history

66 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

71/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Profitable

Profit before tax £499,820

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-06-30
Profit before tax	£499.8k
Average employees	0

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

🔒Filing-note intelligence

4 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

• 2 persons-with-significant-control

Last 90 days

filings

• 2 persons-with-significant-control
• 1 accounts

Last 180 days

filings

• 2 persons-with-significant-control
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (32 events)Click to expand

2026-06-10
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-06-10
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-25
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-03-27
📄
accounts-with-accounts-type-full
accounts · AA
2024-03-05
📄
accounts-with-accounts-type-full
accounts · AA
2023-06-30
📄
accounts-with-accounts-type-full
accounts · AA
2022-10-12
📄
capital-return-purchase-own-shares-treasury-capital-date
capital · SH03
2022-06-30
📄
accounts-with-accounts-type-full
accounts · AA
2021-12-14
📄
capital-alter-shares-redemption-statement-of-capital
capital · SH02
2021-11-10
📄
capital-alter-shares-redemption-statement-of-capital
capital · SH02
2021-10-11
📄
capital-alter-shares-reconversion
capital · SH02
2021-09-09
📄
capital-alter-shares-redemption-statement-of-capital
capital · SH02
2021-08-11
📄
capital-alter-shares-redemption-statement-of-capital
capital · SH02
2021-07-26
📄
memorandum-articles
incorporation · MA
2021-07-26
📄
resolution
resolution · RESOLUTIONS
2021-07-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-07-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-07-14
➕
BONE, Alastair Cameron appointed
director
2021-07-14
➕
WOODS, Martin appointed
director
2021-07-07
📄
capital-alter-shares-redemption-statement-of-capital
capital · SH02
2021-06-30
📄
accounts-with-accounts-type-group
accounts · AA
2021-06-28
📄
capital-alter-shares-redemption-statement-of-capital
capital · SH02
2021-05-21
➖
MCKNIGHT, Robert resigned
director
2019-08-30
🔓
Charge satisfied #1
2019-07-08
🔒
Charge registered #2
Lender: Hsbc UK Bank PLC
2015-10-16
➖
GLEN, John Douglas resigned
director
2014-10-02
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2014-05-28
🏢
Company incorporated
As GMSS HOLDINGS LIMITED
2014-05-28
➕
SMITH, Gavin Fleming appointed
director
2014-05-28
➕
SMITH, Martin Alan appointed
director
2014-05-28
➕
GLEN, John Douglas appointed
director
2014-05-28
➕
MCKNIGHT, Robert appointed
director

Owner dependency

56/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Senior director age: Director aged approximately 61 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

48/100

Moderate signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
secondary12+ year tenure: Director in role 12 years.

Red flags

1 high ·

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-11

Group structure

Gmss Holdings (2) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Gmss Holdings (2) Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

GMSS HOLDINGS LIMITED

This company · SC478614

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
Gmss Holdings (2) Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	21/05/2021

3 historic (ceased) PSCs

Mr Gavin Fleming Smithceased 31/10/2025· significant influence
Mr Martin Alan Smithceased 31/10/2025· significant influence
Robert Mcknightceased 21/05/2021· significant influence

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 · Manufacturing · KA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
J & D PIERCE (CONTRACTS) LTD.→ SC174690 · est 1997	£47.51M £36.95M–£58.07M	—	—	47400	29y	84	63y
VERACITY UK LIMITED→ SC291812 · est 2005	£7.42M £5.77M–£9.06M	—	—	46	20y	85	70y
CHEMTEC UK LIMITED→ SC276983 · est 2004	£5.02M £3.90M–£6.13M	—	—	2300	21y	90	57y
HYSPEC ENGINEERING LIMITED→ SC371408 · est 2010	£1.49M £1.16M–£1.82M	—	—	66	16y	82	62y
AEROFORMA TECHNOLOGIES (NORTH) LIMITED→ SC123036 · est 1990	—	—	—	47	36y	83	75y
ATLAS (SCOTLAND) LIMITED→ SC260329 · est 2003	—	—	£583.3k	—	22y	83	66y
AYRSHIRE BLINDS LIMITED→ SC090647 · est 1984	—	—	£199.3k	—	41y	83	81y
BOAT ELECTRICS & ELECTRONICS LIMITED→ SC066331 · est 1978	—	—	£396.3k	—	47y	83	60y
BRODIE ENGINEERING LIMITED→ SC163999 · est 1996	—	—	—	9600	30y	83	60y
CAPITAL STEEL LIMITED→ SC275258 · est 2004	—	—	£1.45M	—	21y	83	70y
GIRARD INDUSTRIES EUROPE LIMITED→ SC101084 · est 1986	—	—	£389.5k	—	39y	83	73y
KENNEDYSMITH (PRESS) LIMITED→ SC186009 · est 1998	—	—	—	7200	28y	83	66y

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

Incorporated2014-05-28

Jurisdictionscotland

Primary SIC32990 — Other manufacturing n.e.c.

Registered office

C/O Scotia Double Glazing Ltd Unit 2

Moorfield Park

Kilmarnock

KA2 0FJ

Scotland

Filing status

Accounts

Next due: 2026-06-25

Last made up to: 2024-06-30

Confirmation statement

Next due: 2026-06-11OVERDUE

Last: 2025-05-28

Officers (4 active · 2 resigned)

BONE, Alastair Cameron→

director · ~45y · appointed 2021-07-14

View their other companies + combined net worth →

Active

SMITH, Gavin Fleming→

director · ~60y · appointed 2014-05-28

View their other companies + combined net worth →

Active

SMITH, Martin Alan→

director · ~52y · appointed 2014-05-28

View their other companies + combined net worth →

Active

WOODS, Martin→

director · ~61y · appointed 2021-07-14

View their other companies + combined net worth →

Active

GLEN, John Douglas→

director · ~55y · appointed 2014-05-28 · resigned 2015-10-16

Resigned

MCKNIGHT, Robert→

director · ~69y · appointed 2014-05-28 · resigned 2021-05-21

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	HSBC Hsbc UK Bank PLC	A registered charge	1 property	08/07/2019	—
	satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	A registered charge	—	02/10/2014	30/08/2019

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (66 total)

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2026-06-10

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2026-06-10

change-account-reference-date-company-previous-shortened

accounts · AA01

2026-03-25

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-06-04

accounts-with-accounts-type-full

accounts · AA

2025-03-27

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-06-27

accounts-with-accounts-type-full

accounts · AA

2024-03-05

accounts-with-accounts-type-full

accounts · AA

2023-06-30

confirmation-statement-with-updates

confirmation-statement · CS01

2023-06-29

capital-return-purchase-own-shares-treasury-capital-date

capital · SH03

2022-10-12

accounts-with-accounts-type-full

accounts · AA

2022-06-30

confirmation-statement-with-updates

confirmation-statement · CS01

2022-06-21

capital-alter-shares-redemption-statement-of-capital

capital · SH02

2021-12-14

capital-alter-shares-redemption-statement-of-capital

capital · SH02

2021-11-10

capital-alter-shares-reconversion

capital · SH02

2021-10-11