GENERAL PARTNER NO.3 LP
💤Zombieactive
SL005452 · limited-partnership · incorporated 2005-03-29
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
—
not disclosed
Net worth
—
book net assets
Opportunity
63/100
Worth a look
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 63/100 (worth a look), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: No active directors on record. Company is active but has no current directors in the register. This is unusual and should be investigated. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: low (41/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
No officers data
0
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
60
Adequate data — full accounts will sharpen view.
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 (22 events)Click to expand
- 2020-06-12📄legacyincorporation · LP6
- 2020-04-17📄confirmation-statement-with-made-up-dateconfirmation-statement · SLPCS01
- 2020-04-06📄legacyincorporation · LP6
- 2019-04-02📄confirmation-statement-with-made-up-dateconfirmation-statement · SLPCS01
- 2018-05-02📄confirmation-statement-with-made-up-dateconfirmation-statement · SLPCS01
- 2018-03-05📄change-to-a-person-with-significant-control-scottish-limited-partnershippersons-with-significant-control · SLPPSC05
- 2018-03-05📄change-to-a-person-with-significant-control-scottish-limited-partnershippersons-with-significant-control · SLPPSC05
- 2018-03-05📄change-to-a-person-with-significant-control-scottish-limited-partnershippersons-with-significant-control · SLPPSC04
- 2017-08-10📄notification-of-a-person-with-significant-control-scottish-limited-partnershippersons-with-significant-control · SLPPSC02
- 2017-08-10📄notification-of-a-person-with-significant-control-scottish-limited-partnershippersons-with-significant-control · SLPPSC01
- 2017-08-10📄notification-of-a-person-with-significant-control-scottish-limited-partnershippersons-with-significant-control · SLPPSC02
- 2015-02-10📄legacyincorporation · LP6
- 2014-04-05📄legacymiscellaneous · PRE14
- 2012-01-06📄legacyincorporation · LP6
- 2010-04-07📄legacyincorporation · LP6
- 2010-04-07📄legacyincorporation · LP6
- 2010-03-26📄legacyincorporation · LP6
- 2005-12-19📄legacyincorporation · LP6
- 2005-11-30📄legacyincorporation · LP6
- 2005-03-29🏢Company incorporatedAs GENERAL PARTNER NO.3 LP
- 2005-03-29📄certificate-registration-limited-partnershipincorporation · CERT12
- 2005-03-29📄legacyincorporation · LP5
Owner dependency
55/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +No director turnover: Company is 21 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·No active directors on record
highCompany is active but has no current directors in the register. This is unusual and should be investigated.
Group structure
2 corporate shareholders identified. Group structure is distributed.
🏛️
Hermes Gpe Llp
Corporate parent
🏛️
General Partner No.1-6 Llp
Corporate parent
⬇
GENERAL PARTNER NO.3 LP
This company · SL005452
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Peter Gale Individual · British · DOB 02/1956 · age 70 | — | 25–50% | 25-50% voting | 26/06/2017 |
Hermes Gpe Llp Corporate entity | — | — | sig. influencesignificant influence | 26/06/2017 |
General Partner No.1-6 Llp Corporate entity | — | — | sig. influencesignificant influence | 26/06/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · same sector · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| PROGATE SOLUTIONS LP→ SL013143 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| PROMOTIONS & PRODUCTIONS M LTD→ SC724745 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| PROXIMITY INTERPRETING LTD→ SC841840 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| PUREVLC LIMITED→ SC460609 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| QS SUPPORT SCOTLAND LIMITED→ SC452451 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| QUATROLEX TRADING LP→ SL033027 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| QUATROMARK L.P.→ SL018017 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| QUAYLE MUNRO PFI FUND LIMITED PARTNERSHIP→ SL004122 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| QUAYLE MUNRO SECOND PFI FUND LIMITED PARTNERSHIP→ SL005235 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| QUBIT HEALTH VENTURES FOUNDER LP→ SL035253 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| QUEENSFERRY PROPERTIES LLP→ SO303252 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| QUEENSGATE FUSION CO-INVEST CARRY GP LLP→ SO305907 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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.
See pricing →Company details
Statusactive
Typelimited-partnership
Incorporated2005-03-29
Jurisdictionscotland
Primary SIC—
Registered office
50 Lothian Road
Festival Square
Edinburgh
EH3 9WJ
Filing status
Accounts
Next due: —
Last made up to: —
Confirmation statement
Next due: —
Last: 2020-03-25
Officers (0 active · 0 resigned)
Recent filings (21 total)
legacy
incorporation · LP6
2020-06-12
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2020-04-17
legacy
incorporation · LP6
2020-04-06
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2019-04-02
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2018-05-02
change-to-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC05
2018-03-05
change-to-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC05
2018-03-05
change-to-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC04
2018-03-05
notification-of-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC02
2017-08-10
notification-of-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC01
2017-08-10
notification-of-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC02
2017-08-10
legacy
incorporation · LP6
2015-02-10
legacy
miscellaneous · PRE14
2014-04-05
legacy
incorporation · LP6
2012-01-06
legacy
incorporation · LP6
2010-04-07