GALLACHER HOMES LTD

💤Zombieactive
SC535835 · ltd · incorporated 2016-05-19
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 May 2025
Net worth
£-55.2k
book net assets
Opportunity
69/100
Strong
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What this business does
Primary activity: Real estate agencies
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 70/100. 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: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

5 live charges · oldest 9.3y

45/100
under pressure

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

  • · Oldest live charge is 9.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £55,207
Cash YoY
-27%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£10k
↓ 27% YoY
Net Worth
-£55k
↑ 17% YoY
Current Assets
Current Liabilities
-£67k-£51k-£35k-£19k-£3k£14kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£-55.2k£-66.8k
Cash£9.9k£13.5k
Net assets£-55.2k£-66.8k

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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-04-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-03-12
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-02-15
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2022-03-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-02-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2021-04-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2020-01-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2020-01-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2020-01-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2020-01-23
    🔒
    Charge registered #5
    Lender: Aldermore Bank PLC
  12. 2020-01-23
    🔒
    Charge registered #4
    Lender: Aldermore Bank PLC
  13. 2020-01-23
    🔒
    Charge registered #3
    Lender: Aldermore Bank PLC
  14. 2019-10-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2019-02-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2018-03-08
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  17. 2017-02-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2017-02-13
    🔒
    Charge registered #2
    Lender: Aldermore Bank PLC
  19. 2017-02-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2017-01-31
    🔒
    Charge registered #1
    Lender: Aldermore Bank PLC
  21. 2016-05-19
    🏢
    Company incorporated
    As GALLACHER HOMES LTD
  22. 2016-05-19
    GALLACHER, David Archibald Peter appointed
    director
  23. 2016-05-19
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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 "GALLACHER" — strong identity link between founder and business.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
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.

Red flags

1 low
5 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Archibald Peter Gallacher
Individual · British · DOB 11/1983 · age 43
75100%
75-100% shares18/05/2017

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 →

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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
Incorporated2016-05-19
Jurisdictionscotland
Primary SIC68310 — Real estate agencies

Registered office

Fieldview House The Holdings
Longcroft
Bonnybridge
FK4 1SZ
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-01
Last: 2025-05-18

Officers (1 active · 0 resigned)

GALLACHER, David Archibald Peter
director · ~43y · appointed 2016-05-19
View their other companies + combined net worth →
Active

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

Mortgages & charges

5
Total charges
5
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property23/01/2020
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property23/01/2020
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property23/01/2020
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property13/02/2017
outstanding
Aldermore
Aldermore Bank PLC
A registered charge31/01/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (25 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-02-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-01-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-01-28