GILMERTON HEALTHCARE LIMITED
🌿Early-stageactive
SC772363 · ltd · incorporated 2023-06-12
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Dispensing chemist in specialised stores
Sector: Wholesale & retail
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 75/100 (strong), bankability 62/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 2.7y
0/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 2.7 years old — likely still in initial term.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (73/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
16 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
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-08-31 |
|---|---|
| Average employees | 800 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
1
filing
- • 1 confirmation-statement
Last 90 days
5
filings
- • 4 mortgage
- • 1 confirmation-statement
Last 180 days
5
filings
- • 4 mortgage
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-03-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-13🔒Charge registered #4Lender: Barclays Security Trustee Limited (As Security Trustee) (Crn: 10825314)
- 2026-03-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-10🔓Charge satisfied #2
- 2026-03-10🔓Charge satisfied #1
- 2026-03-05🔒Charge registered #3Lender: Barclays Security Trustee Limited (Crn: 10825314) as Security Trustee
- 2025-03-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-04-12📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2023-12-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-01📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-24➕STITT, Katie Alexandra appointeddirector
- 2023-11-24➕STITT, Robert James appointeddirector
- 2023-11-24➕STITT, Robert Craig appointeddirector
- 2023-09-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-09-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-31🔒Charge registered #2Lender: Tsb Bank PLC
- 2023-08-31🔒Charge registered #1Lender: Tsb Bank PLC
- 2023-06-12🏢Company incorporatedAs GILMERTON HEALTHCARE LIMITED
- 2023-06-12➕STITT, Catherine Weir appointeddirector
- 2023-06-12📄incorporation-companyincorporation · NEWINC
Owner dependency
61/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 2.9 years old — management layer unlikely to be developed.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Catherine Weir Stitt Individual · British · DOB 06/1967 · age 59 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 12/06/2023 |
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 →Similar companies
Active · Retail · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| HAYLEIGHS FRAMES LIMITED→ SC637674 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| HERBALIZED LTD→ SC602830 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| HERBOGANICS LTD→ SC847635 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HILLCREST STAR LTD→ SC829580 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HILLHEAD OF COVINGTON LIMITED→ SC699999 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| HLAL LTD→ SC728160 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| HLD FRUITS LTD→ SC406009 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| HMG MANUFACTURER LTD→ SC806551 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| HND ENTERPRISES LTD→ SC705850 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| HOME HACKS IMPORT LTD→ SC791287 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| HOME POOL TABLES LIMITED→ SC823777 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HOOK AND LINE FISHING SUPPLIES LTD→ SC847276 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2023-06-12
Jurisdictionscotland
Primary SIC47730 — Dispensing chemist in specialised stores
Registered office
The Mechanics Workshop
New Lanark
Lanark
Lanarkshire
ML11 9DB
Scotland
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-04-25
Last: 2026-04-11
Officers (4 active · 0 resigned)
STITT, Catherine Weir→
Activedirector · ~59y · appointed 2023-06-12
View their other companies + combined net worth →
STITT, Katie Alexandra→
Activedirector · ~33y · appointed 2023-11-24
View their other companies + combined net worth →
STITT, Robert James→
Activedirector · ~28y · appointed 2023-11-24
View their other companies + combined net worth →
STITT, Robert Craig→
Activedirector · ~59y · appointed 2023-11-24
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited (As Security Trustee) (Crn: 10825314) | A registered charge | 1 property | 13/03/2026 | — | |
| outstanding | Barclays Barclays Security Trustee Limited (Crn: 10825314) as Security Trustee | A registered charge | — | 05/03/2026 | — | |
| satisfied | Lloyds Banking Group Tsb Bank PLC | A registered charge | — | 31/08/2023 | 10/03/2026 | |
| satisfied | Lloyds Banking Group Tsb Bank PLC | A registered charge | — | 31/08/2023 | 10/03/2026 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (16 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-11
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-10
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-21
change-account-reference-date-company-current-extended
accounts · AA01
2024-04-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-11
appoint-person-director-company-with-name-date
officers · AP01
2023-12-01
change-person-director-company-with-change-date
officers · CH01
2023-12-01
appoint-person-director-company-with-name-date
officers · AP01
2023-12-01
appoint-person-director-company-with-name-date
officers · AP01
2023-12-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-09-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-09-04