GARRY HAY INSURE LTD

💤Zombieactive
SC650095 · ltd · incorporated 2019-12-20
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 steady · high confidence
Thesis has shifted recently — watch for confirmation.
  • · Lifecycle stage: established → zombie
  • · Investment thesis: unclassified → zombie_hold
  • · Deal-killer verdict: clean → complicated
  • · Opportunity score: 69 → 60
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "zombie"
What changed my view
Last 30 days

Picture worsened over the last 30 days — 5 negative signals vs 0 positive.

  • Lifecycle stage: establishedzombie
  • ·Investment thesis: unclassifiedzombie_hold
  • Deal-killer verdict: cleancomplicated
  • Opportunity score: 6960
  • Hygiene score: 7060
  • +1 more
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 Dec 2024
Net worth
book net assets
Opportunity
60/100
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: Activities of insurance agents and brokers
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), 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: share sale to pe / searcher (58/100).

Data confidence

Overall: low (47/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

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
No charge records returned
50
Directors & officers
No officers data
0
Ownership & PSC
No PSC data returned
40
Director network
Network not yet resolved
30
Filing history
No filing history
0
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth 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
70
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£6k£13k£19k£26k£32kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£32.3k
Current assets£2.7k
Net assets£32.3k

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

Corporate timeline (1 events)Click to expand
  1. 2019-12-20
    🏢
    Company incorporated
    As GARRY HAY INSURE LTD

Owner dependency

55/100
Moderate — manageable with handover

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

FACTORS
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

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: 2026-01-02

Similar companies

Active · Financial services · DD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CAMERON FINANCIAL LIMITED
SC329254 · est 2007
18y8259y
MGA FINANCIAL MANAGEMENT LIMITED
SC189425 · est 1998
30027y8263y
STUART GEARTY (INSURANCE SERVICES) LTD.
SC195449 · est 1999
427y8287y
THE MORTGAGE FINANCE STORE LIMITED
SC245264 · est 2003
£158.9k23y8268y
MORTGAGE MANAGERS LIMITED
SC375517 · est 2010
£19.1k16y8163y
SCOTTISH CANADIAN TRUST. LIMITED
SC006394 · est 1907
0119y8184y
ANGUS M WATSON LTD.
SC336578 · est 2008
£100.2k18y8075y
COMMERCIAL RISK SOLUTIONS LTD
SC368285 · est 2009
10016y8063y
FORTH FINANCIAL SERVICES (FIFE) LIMITED
SC241029 · est 2002
30023y8074y
GLENABER LIMITED
SC242360 · est 2003
£1.02M23y8068y
HILLEROD LIMITED
SC127178 · est 1990
£235y8074y
INTELLIGENT MORTGAGE SERVICES LIMITED
SC241484 · est 2002
£100.3k23y8059y
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
Incorporated2019-12-20
Jurisdictionscotland
Primary SIC66220 — Activities of insurance agents and brokers

Registered office

21 Wyvis Avenue
Broughty Ferry
Dundee
DD5 3ST
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-01-02OVERDUE
Last: 2024-12-19