GAVANO ENGINEERING LIMITED

💤Zombieactive
SC559398 · ltd · incorporated 2017-03-03
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 Mar 2025
Net worth
£-2.5k
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 33160
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (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: distressed disposal / insolvency (65/100).

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 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £2,455
Net assets shrinking
Down £2,457 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£2k
↓ 122850% YoY
Current Assets
£11k
↓ 32% YoY
Current Liabilities
-£2k£1k£5k£9k£13k£16kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£7.3k£17.2k
Current assets£11.2k£16.4k
Net assets£-2.5k£2

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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-12-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-10-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-03-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2023-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-12-20
    CUTLER, Marie resigned
    director
  7. 2022-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-12-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-11-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-03-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2017-03-03
    🏢
    Company incorporated
    As GAVANO ENGINEERING LIMITED
  14. 2017-03-03
    CUTLER, Gavin Christopher Robert appointed
    director
  15. 2017-03-03
    CUTLER, Marie appointed
    director
  16. 2017-03-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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

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 Christopher Robert Cutler
Individual · British · DOB 10/1974 · age 52
2550%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence · firm interest03/03/2017

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
Incorporated2017-03-03
Jurisdictionscotland
Primary SIC33160 — SIC 33160

Registered office

498 Strathmartine Road
Dundee
DD3 9BP
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-14
Last: 2026-02-28

Officers (1 active · 1 resigned)

CUTLER, Gavin Christopher Robert
director · ~52y · appointed 2017-03-03
View their other companies + combined net worth →
Active
CUTLER, Marie
director · ~59y · appointed 2017-03-03 · resigned 2023-12-20
Resigned

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

Recent filings (21 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-02
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-04
termination-director-company-with-name-termination-date
officers · TM01
2024-03-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-01
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-10
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-02