G HAY LIMITED

💤Zombieactive
SC723307 · ltd · incorporated 2022-02-16
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 Feb 2025
Net worth
£2.1k
book net assets
Opportunity
75/100
Strong
🔔
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: Artistic creation
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong 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).

Data confidence

Overall: medium (76/100)

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
9 filings
60
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £2,129
Net assets shrinking
Down £3,169 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£2k
↓ 60% YoY
Current Assets
£9k
↓ 17% YoY
Current Liabilities
£0£2k£4k£6k£8k£10kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-02-282024-02-28
Total assets£2.7k£5.9k
Current assets£8.5k£10.2k
Net assets£2.1k£5.3k

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2025-06-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-04-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-04-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-03-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2022-02-16
    🏢
    Company incorporated
    As G HAY LIMITED
  6. 2022-02-16
    HAY, George appointed
    director
  7. 2022-02-16
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

Multiple 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

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr George Hay
Individual · British · DOB 09/1963 · age 63
75100%
75–100%board control75-100% shares · 75-100% voting · board control · trust interest16/02/2022

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

Similar companies

Active · Leisure & entertainment · DD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
FIFE FLYERS 2025 LTD
SC844977 · est 2025 · no financials extracted
1y
FIT 4 PURPOSE (ANGUS) LTD
SC408949 · est 2011 · no financials extracted
14y
FLEMCO TRADING LIMITED
SC772038 · est 2023 · no financials extracted
2y
FORZA FITNESS LTD
SC774550 · est 2023 · no financials extracted
2y
G.S.S. (DUNDEE) LTD
SC775245 · est 2023 · no financials extracted
2y
GARRYAITCHART LTD
SC843610 · est 2025 · no financials extracted
1y
GLOWSTICK ENTERTAINMENT LTD
SC882358 · est 2026 · no financials extracted
GOAL FUTSAL LTD
SC845401 · est 2025 · no financials extracted
1y
GOLDFINCH GALLERY LTD
SC875895 · est 2026 · no financials extracted
GRACIE BARRA DUNDEE LTD
SC640844 · est 2019 · no financials extracted
6y
IMPACT FITNESS (CARNOUSTIE) LIMITED
SC743015 · est 2022 · no financials extracted
3y
IMPACT FITNESS (MONTROSE) LIMITED
SC573639 · est 2017 · no financials extracted
8y
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
Incorporated2022-02-16
Jurisdictionscotland
Primary SIC90030 — Artistic creation

Registered office

The Old City Club
6 Southesk Street
Brechin
DD9 6DY
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-01
Last: 2026-02-15

Officers (1 active · 0 resigned)

HAY, George
director · ~63y · appointed 2022-02-16
View their other companies + combined net worth →
Active

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

Recent filings (9 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-03-09
incorporation-company
incorporation · NEWINC
2022-02-16