GAFFNEY THOM LIMITED

🏛️Establishedactive
SC666010 · ltd · incorporated 2020-07-01
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Why now
Window opening · high confidence
More negotiable than before — 4 signals weakening over the last 30 days.
  • · Opportunity score: 71 → 53
  • · Hygiene score: 90 → 30
  • · Bankability: 75 → 45
  • · Deal-killer verdict: clean → complicated
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 4 recent signals weakening vs 1 strengthening
What changed my view
Last 30 days

Picture worsened over the last 30 days — 4 negative signals vs 1 positive.

  • Deal-killer verdict: cleancomplicated
  • Opportunity score: 7153
  • Hygiene score: 9030
  • Bankability: 7545
  • Filings: 1516
  • +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 Jul 2024
Net worth
£8.9k
book net assets
Opportunity
53/100
Worth a look
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What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Special-situation opportunity
Distressed hospitality with salvageable qualities — special-situations priority.

Opportunity 53/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

Data confidence

Overall: high (81/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £8,916
Net assets shrinking
Down £3,844 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£9k
↓ 30% YoY
Current Assets
£11k
↑ 9.3% YoY
Current Liabilities
£0£3k£5k£8k£10k£13kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-312023-07-31
Total assets£35.7k£31.8k
Current assets£11.0k£10.1k
Net assets£8.9k£12.8k

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

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-07-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-05-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-06-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-08-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2023-08-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-08-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2023-08-13
    GAFFNEY, Michael appointed
    director
  8. 2023-08-13
    COLVIN, Kirsty Elizabeth resigned
    director
  9. 2023-08-13
    THOM, Jamie Grant resigned
    director
  10. 2023-06-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-04-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-01-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2021-01-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2020-07-01
    🏢
    Company incorporated
    As GAFFNEY THOM LIMITED
  15. 2020-07-01
    GAFFNEY, Emma Jayne appointed
    director
  16. 2020-07-01
    COLVIN, Kirsty Elizabeth appointed
    director
  17. 2020-07-01
    THOM, Jamie Grant appointed
    director
  18. 2020-07-01
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "GAFFNEY" — strong identity link between founder and business.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-04-30

Confirmation statement overdue
high

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

Evidence: Next due: 2026-07-14

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Michael Gaffney
Individual · British · DOB 09/1985 · age 41
25–50%25-50% voting01/07/2020
Miss Kirsty Elizabeth Colvin
Individual · British · DOB 07/1990 · age 36
25–50%25-50% voting01/07/2020

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

9 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.

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Company details

Statusactive
Typeltd
Incorporated2020-07-01
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants

Registered office

Ivy Cottage Timmerlum Lane
Newburgh
Ellon
AB41 6BG
Scotland

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-07-14OVERDUE
Last: 2025-06-30

Officers (2 active · 2 resigned)

GAFFNEY, Emma Jayne
director · ~43y · appointed 2020-07-01
View their other companies + combined net worth →
Active
GAFFNEY, Michael
director · ~41y · appointed 2023-08-13
View their other companies + combined net worth →
Active
COLVIN, Kirsty Elizabeth
director · ~36y · appointed 2020-07-01 · resigned 2023-08-13
Resigned
THOM, Jamie Grant
director · ~37y · appointed 2020-07-01 · resigned 2023-08-13
Resigned

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

Recent filings (16 total)

gazette-notice-compulsory
gazette · GAZ1
2026-07-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-15
termination-director-company-with-name-termination-date
officers · TM01
2023-08-15
appoint-person-director-company-with-name-date
officers · AP01
2023-08-15
termination-director-company-with-name-termination-date
officers · TM01
2023-08-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-25
appoint-person-director-company-with-name-date
officers · AP01
2021-01-25
appoint-person-director-company-with-name-date
officers · AP01
2021-01-25