GILDANPAYNE LTD

🌱Startupactive
SC811126 · ltd · incorporated 2024-05-21
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
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Turnover
year to May 2025
Net worth
£-7.5k
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

1 live charge · oldest 1.8y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 1.8 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (72/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
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
3 connected companies via shared directors
54
Filing history
5 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £7,539

Key financials

1 year extracted from filed iXBRL accounts
Cash
£2k
Net Worth
-£8k
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-31
Total assets£40.8k
Cash£1.6k
Net assets£-7.5k

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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 2 accounts
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2026-04-20
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  2. 2025-11-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-07-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2024-07-24
    🔒
    Charge registered #1
    Lender: Leeds Building Society
  5. 2024-05-21
    🏢
    Company incorporated
    As GILDANPAYNE LTD
  6. 2024-05-21
    PAYNE, Daniel Gavin appointed
    director
  7. 2024-05-21
    PAYNE, Gillian Elizabeth Emily appointed
    director
  8. 2024-05-21
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

86/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "PAYNE" — strong identity link between founder and business.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 1.9 years old — management layer unlikely to be developed.

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 Daniel Gavin Payne
Individual · British · DOB 09/1973 · age 53
2550%
25–50%board control25-50% shares · 25-50% voting · board control21/05/2024
Mrs Gillian Elizabeth Emily Payne
Individual · British · DOB 12/1976 · age 50
2550%
25–50%board control25-50% shares · 25-50% voting · board control21/05/2024

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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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.

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Company details

Statusactive
Typeltd
Incorporated2024-05-21
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

Anbro Church Road
California
Falkirk
FK1 2BD
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-03
Last: 2025-05-20

Officers (2 active · 0 resigned)

PAYNE, Daniel Gavin
director · ~53y · appointed 2024-05-21
View their other companies + combined net worth →
Active
PAYNE, Gillian Elizabeth Emily
director · ~50y · appointed 2024-05-21
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Leeds Building Society
A registered charge1 property24/07/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (5 total)

change-account-reference-date-company-current-shortened
accounts · AA01
2026-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-25
incorporation-company
incorporation · NEWINC
2024-05-21