GM PROPCO LIMITED
💤Zombieactive
SC707626 · ltd · incorporated 2021-08-25
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
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 75/100 (strong), bankability 70/100. 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: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 4.6y
20/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.6 years — mid-life; refi window approaching.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 1 | 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
4
filings
- • 2 persons-with-significant-control
- • 1 accounts
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-12-22📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-08-29📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2025-04-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-04-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-02-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-02-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-09-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-09-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-08-09📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-21🔒Charge registered #2Lender: Cultura Limited
- 2022-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-04-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-10-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-10-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-09-10🔒Charge registered #1Lender: Cultura Limited (Registered Number 67666)
- 2021-08-25🏢Company incorporatedAs GM PROPCO LIMITED
- 2021-08-25➕HARTZ, John Frederik appointeddirector
Owner dependency
83/100
Critical — business is the founderThe 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.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Frederik Hartz Individual · Danish · DOB 06/1963 · age 63 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 14/04/2025 |
3 historic (ceased) PSCs
- Cultura Limitedceased 14/04/2025· 75-100% shares
- Gm Topco Llpceased 04/02/2025· 75-100% shares · 75-100% voting · board control
- Mr John Frederick Hartzceased 31/08/2021· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Holding company · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MORTON FRASER DIRECTORS LIMITED→ SC157556 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| MOTHERSHIP HOLDINGS LIMITED→ SC707967 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| MPC CABS LTD→ SC726242 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| MULTIFLEET SERVICES HC LIMITED→ SC686813 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| MUM HOLDINGS LIMITED→ SC612128 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| MURRAY BEITH MURRAY NOMINEES LIMITED→ SC338755 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| MURRAY CAPITAL GROUP LIMITED→ SC375630 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| MURRAY CAPITAL HOLDINGS LIMITED→ SC685454 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| MUSAKFA LTD→ SC827474 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| NATIONWIDE TRAINING SERVICES LIMITED→ SC248742 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| NATWEST GROUP PLC→ SC045551 · est 1968 · no financials extracted | — | — | — | — | 58y | — | — |
| NESSMOUNT LIMITED→ SC211606 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
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
Incorporated2021-08-25
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.
Registered office
Gm Propco Limited, C/O Azets
Quay 2
139 Fountainbridge
Edinburgh
EH3 9QG
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-26
Last: 2025-08-12
Officers (1 active · 0 resigned)
HARTZ, John Frederik→
Activedirector · ~63y · appointed 2021-08-25
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Cultura Cultura Limited | A registered charge | 1 property | 21/06/2023 | — | |
| outstanding | Cultura (Registered Number 67666) Cultura Limited (Registered Number 67666) | A registered charge | 3 properties | 10/09/2021 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (28 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
change-person-director-company-with-change-date
officers · CH01
2025-12-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-22
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2025-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-04-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-02-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-12