GILLESPIE GIFFORD & BROWN LLP

💤Zombieactive
SO301610 · llp · incorporated 2007-11-09
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 steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

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 Mar 2025
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

1 live charge · oldest 18.2y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 18.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (62/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, no SIC, incorporation date
80
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
6 officers (3 active, 6 linked, 6 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
47 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-31
Average employees2400

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
2
filings
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-02-02
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  2. 2026-01-30
    📄
    change-person-member-limited-liability-partnership-with-name-change-date
    officers · LLCH01
  3. 2025-11-23
    📄
    change-person-member-limited-liability-partnership-with-name-change-date
    officers · LLCH01
  4. 2025-07-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-03-24
    📄
    change-person-member-limited-liability-partnership-with-name-change-date
    officers · LLCH01
  6. 2024-12-12
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  7. 2024-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-01-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-01-10
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  10. 2023-12-05
    📄
    change-person-member-limited-liability-partnership-with-name-change-date
    officers · LLCH01
  11. 2023-05-25
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  12. 2023-04-01
    MCELROY, Valerie Anne resigned
    llp-designated-member
  13. 2022-12-20
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  14. 2022-12-20
    📄
    appoint-person-member-limited-liability-partnership-with-appointment-date
    officers · LLAP01
  15. 2022-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2022-04-01
    EVANS, Victoria appointed
    llp-designated-member
  17. 2021-12-21
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  18. 2021-12-21
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  19. 2021-07-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2021-04-01
    MCDONALD, Iain William resigned
    llp-designated-member
  21. 2020-11-12
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  22. 2020-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2019-11-11
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  24. 2019-07-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2018-11-16
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  26. 2018-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  27. 2017-11-13
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  28. 2017-08-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  29. 2014-03-31
    SCOTT, Gavin Stewart resigned
    llp-designated-member
  30. 2011-10-01
    TURNBULL, Adam appointed
    llp-designated-member
  31. 2008-03-26
    🔒
    Charge registered #1
    Lender: Royal Bank of Scotland PLC
  32. 2007-11-09
    🏢
    Company incorporated
    As GILLESPIE GIFFORD & BROWN LLP
  33. 2007-11-09
    MCATEER, Abby Claire appointed
    llp-designated-member
  34. 2007-11-09
    MCDONALD, Iain William appointed
    llp-designated-member
  35. 2007-11-09
    MCELROY, Valerie Anne appointed
    llp-designated-member
  36. 2007-11-09
    SCOTT, Gavin Stewart appointed
    llp-designated-member

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

40/100
Moderate signal

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

SIGNALS
  • secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

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

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

6 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
Typellp
Incorporated2007-11-09
Jurisdictionscotland
Primary SIC

Registered office

135 King Street
Castle Douglas
DG7 1LZ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-23
Last: 2025-11-09

Officers (3 active · 3 resigned)

EVANS, Victoria
llp-designated-member · ~37y · appointed 2022-04-01
View their other companies + combined net worth →
Active
MCATEER, Abby Claire
llp-designated-member · ~51y · appointed 2007-11-09
View their other companies + combined net worth →
Active
TURNBULL, Adam
llp-designated-member · ~45y · appointed 2011-10-01
View their other companies + combined net worth →
Active
MCDONALD, Iain William
llp-designated-member · ~65y · appointed 2007-11-09 · resigned 2021-04-01
Resigned
MCELROY, Valerie Anne
llp-designated-member · ~64y · appointed 2007-11-09 · resigned 2023-04-01
Resigned
SCOTT, Gavin Stewart
llp-designated-member · ~75y · appointed 2007-11-09 · resigned 2014-03-31
Resigned

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
Lloyds Banking Group
Royal Bank of Scotland PLC
Bond & floating charge1 property26/03/2008
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (47 total)

confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2026-02-02
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2026-01-30
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2025-11-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-09
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2025-03-24
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-10
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-01-10
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2023-12-05
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2023-05-25
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-12-20
appoint-person-member-limited-liability-partnership-with-appointment-date
officers · LLAP01
2022-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-16
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2021-12-21