GEARJAMMERS LIMITED

💤Zombieactive
SC729227 · ltd · incorporated 2022-04-11
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 opening · high confidence
More negotiable than before — 3 signals weakening over the last 30 days.
  • · Hygiene score: 85 → 65
  • · Opportunity score: 71 → 62
  • · Bankability: 70 → 60
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 3 recent signals weakening vs 0 strengthening
What changed my view
Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

  • Opportunity score: 7162
  • Hygiene score: 8565
  • Bankability: 7060
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 Apr 2025
Net worth
£-27.9k
book net assets
Opportunity
62/100
Worth a look
🔔
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What this business does
Primary activity: SIC 45112
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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: distressed disposal / insolvency (65/100).

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 (1 active, 2 linked, 2 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
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £27,903

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£28k
↓ 5.5% YoY
Current Assets
£146k
↓ 34% YoY
Current Liabilities
-£28k£22k£71k£121k£170k£220kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£-27.9k£-26.5k
Current assets£146.2k£220.1k
Cash£6.3k
Debtors£473
Net assets£-27.9k£-26.5k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2025-12-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2025-12-10
    BOAG, Stephen Crawford resigned
    director
  3. 2025-10-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-07-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-07-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-07-12
    BOAG, Caitlin appointed
    director
  7. 2023-07-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-04-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2022-04-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2022-04-11
    🏢
    Company incorporated
    As GEARJAMMERS LIMITED
  11. 2022-04-11
    BOAG, Stephen Crawford appointed
    director
  12. 2022-04-11
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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: 2026-05-17

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Stephen Crawford Boag
Individual · British · DOB 04/1975 · age 51
75100%
75–100%board control75-100% shares · 75-100% voting · board control11/04/2022

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

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2022-04-11
Jurisdictionscotland
Primary SIC45112 — SIC 45112

Registered office

10 Clydesdale Street
Hamilton
ML3 0DP
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-05-17OVERDUE
Last: 2025-05-03

Officers (1 active · 1 resigned)

BOAG, Caitlin
director · ~26y · appointed 2023-07-12
View their other companies + combined net worth →
Active
BOAG, Stephen Crawford
director · ~51y · appointed 2022-04-11 · resigned 2025-12-10
Resigned

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

Recent filings (12 total)

termination-director-company-with-name-termination-date
officers · TM01
2025-12-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-30
appoint-person-director-company-with-name-date
officers · AP01
2023-07-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-27
change-person-director-company-with-change-date
officers · CH01
2022-04-27
incorporation-company
incorporation · NEWINC
2022-04-11