GAVIN W ADDIE CARPENTER AND JOINER LIMITED

💤Zombieactive
SC506596 · ltd · incorporated 2015-05-22
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 Jun 2025
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Joinery installation
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (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: 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).

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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 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
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Average employees2200

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
  • 1 persons-with-significant-control
  • 1 officers
Last 180 days
3
filings
  • 1 persons-with-significant-control
  • 1 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-03-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2026-03-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-03-02
    ADDIE, Tracey Jane resigned
    director
  4. 2025-11-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-11-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-11-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2023-11-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2023-11-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2023-11-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-10-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-09-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-08-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-09-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2016-08-26
    ADDIE, Tracey Jane appointed
    director
  19. 2015-05-22
    🏢
    Company incorporated
    As GAVIN W ADDIE CARPENTER AND JOINER LIMITED
  20. 2015-05-22
    ADDIE, Gavin William appointed
    director

Owner dependency

98/100
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 name in company name: Company name contains director surname "ADDIE" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

70/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Gavin William Addie
Individual · British · DOB 06/1963 · age 63
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mrs Tracey Jane Addieceased 02/03/2026· 25-50% shares · 25-50% voting

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

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
Incorporated2015-05-22
Jurisdictionscotland
Primary SIC43320 — Joinery installation

Registered office

125 Old Edinburgh Road
Inverness
IV2 3BX
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-05
Last: 2025-05-22

Officers (1 active · 1 resigned)

ADDIE, Gavin William
director · ~63y · appointed 2015-05-22
View their other companies + combined net worth →
Active
ADDIE, Tracey Jane
director · ~64y · appointed 2016-08-26 · resigned 2026-03-02
Resigned

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

Recent filings (30 total)

cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-06
termination-director-company-with-name-termination-date
officers · TM01
2026-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-29
change-person-director-company-with-change-date
officers · CH01
2023-11-21
change-person-director-company-with-change-date
officers · CH01
2023-11-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-23