GGOFF ENGINEERING LTD

💤Zombieactive
SC632556 · ltd · incorporated 2019-06-05
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.
Why now
Window opening · high confidence
More negotiable than before — 3 signals weakening over the last 30 days.
  • · Hygiene score: 90 → 70
  • · Opportunity score: 71 → 63
  • · Bankability: 75 → 65
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 3 recent signals weakening vs 0 strengthening
What changed my view
Last 30 days

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

  • Opportunity score: 7163
  • Hygiene score: 9070
  • Bankability: 7565
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 2025
Net worth
£-14.5k
book net assets
Opportunity
63/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 06100
Sector: Mining & quarrying
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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: 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
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
Network not yet resolved
30
Filing history
15 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)
Negative net assets
Liabilities exceed assets by £14,494

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£14k
↑ 2.0% YoY
Current Assets
£1k
↓ 61% YoY
Current Liabilities
-£15k-£11k-£8k-£4k-£480£3kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-06-302024-06-30
Total assets£-5.8k£-1.5k
Current assets£1.2k£3.1k
Net assets£-14.5k£-14.8k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-08-26
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-08-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-03-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-06-05
    🏢
    Company incorporated
    As GGOFF ENGINEERING LTD
  10. 2019-06-05
    GOFF, Graeme appointed
    director
  11. 2019-06-05
    📄
    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 "GOFF" — strong identity link between founder and business.
  • +No director turnover: Company is 7 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 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-06-18

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Graeme Goff
Individual · British · DOB 10/1977 · age 49
75100%
75–100%board control75-100% shares · 75-100% voting · board control05/06/2019

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Manufacturing · DD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
D. GEDDES (CONTRACTORS) LIMITED
SC060200 · est 1976
£16.59M
£12.91M£20.28M
1190050y8590y
ABERDEEN JOURNALS LIMITED
SC015256 · est 1928
£12.91M
£10.04M£15.77M
14397y8576y
SCOTT & FYFE LIMITED
SC017244 · est 1933
£9.33M
£7.26M£11.41M
£21.01M940093y8762y
HALLEY STEVENSONS LTD
SC211231 · est 2000
£8.37M
£6.51M£10.23M
£10.37M520025y8373y
PACSON LIMITED
SC114098 · est 1988
£7.17M
£5.58M£8.76M
£13.80M870037y9359y
JOINERY AND TIMBER CREATIONS (65) LIMITED
SC099154 · est 1986
£6.03M
£4.69M£7.37M
£27.56M2300040y8264y
HUTCHISON TECHNOLOGIES LIMITED
SC176095 · est 1997
£1.92M
£1.49M£2.35M
£15.44M1220029y8957y
ROSSMAR TEXTILES LIMITED
SC125791 · est 1990
£1.44M
£1.12M£1.76M
236y8273y
CAMVAC ROCKWELL LIMITED
SC177774 · est 1997
£1.19M
£927.2k£1.46M
7128y8460y
METALTECH UK LIMITED
SC334096 · est 2007
£345.4k18y8362y
MONTROSE ROPE & SAIL COMPANY LIMITED
SC246159 · est 2003
2123y8364y
OBAN SCALLOP GEAR LIMITED
SC352798 · est 2008
70017y8385y
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
Incorporated2019-06-05
Jurisdictionscotland
Primary SIC06100 — SIC 06100

Registered office

61 Rossie Avenue
Broughty Ferry
Dundee
DD5 3NQ
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-18OVERDUE
Last: 2025-06-04

Officers (1 active · 0 resigned)

GOFF, Graeme
director · ~49y · appointed 2019-06-05
View their other companies + combined net worth →
Active

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

Recent filings (15 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
gazette-filings-brought-up-to-date
gazette · DISS40
2025-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-25
gazette-notice-compulsory
gazette · GAZ1
2025-08-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-11
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-08
incorporation-company
incorporation · NEWINC
2019-06-05