GF GROUND SERVICES LTD

🏛️Establishedactive
SC693368 · ltd · incorporated 2021-03-24
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 steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

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 Mar 2026
Net worth
£2.2k
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 33160
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

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. Most likely exit: share sale to pe / searcher (58/100).

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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 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
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 · FRS 102
Positive net assets
Net assets £2,171
Cash YoY
+67%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£19k
↑ 67% YoY
Net Worth
£2k
↑ 2071% YoY
Current Assets
£19k
↑ 45% YoY
Current Liabilities
—
£0£4k£8k£11k£15k£19kMar 2025Mar 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2026-03-312025-03-31
Total assets£2.2k£100
Current assets£19.0k£13.1k
Cash£19.0k£11.4k
Debtors—£1.7k
Net assets£2.2k£100

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

🔒Filing-note intelligence

2 signals 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 accounts
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-04-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-10-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-08-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-08-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-08-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-08-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-06-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-10-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-03-24
    🏢
    Company incorporated
    As GF GROUND SERVICES LTD
  11. 2021-03-24
    ➕
    BERNARDI VARGAS, Carine appointed
    director
  12. 2021-03-24
    ➕
    FERRONATO, Giovani appointed
    director
  13. 2021-03-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Giovani Ferronato
Individual · Italian · DOB 04/1982 · age 44
50–75%
50–75%board control50-75% shares · 50-75% voting · board control24/03/2021
Mrs Carine Bernardi Vargas
Individual · Italian · DOB 08/1978 · age 48
25–50%
25–50%25-50% shares · 25-50% voting24/03/2021

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

6 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
Incorporated2021-03-24
Jurisdictionscotland
Primary SIC33160 — SIC 33160

Registered office

31 John Neilson Avenue
Paisley
PA1 2SX
Scotland

Filing status

Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2027-04-06
Last: 2026-03-23

Officers (2 active · 0 resigned)

BERNARDI VARGAS, Carine→
director · ~48y · appointed 2021-03-24
View their other companies + combined net worth →
Active
FERRONATO, Giovani→
director · ~44y · appointed 2021-03-24
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-total-exemption-full
accounts · AA
2026-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-22
change-person-director-company-with-change-date
officers · CH01
2023-08-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-06
incorporation-company
incorporation · NEWINC
2021-03-24