GALLOWAY & AYRSHIRE PARTNERSHIP LLP

💤Zombieactive
SO303208 · llp · incorporated 2011-02-09
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 · medium confidence
Mixed signals — 1 changes over 30 days, no clear direction yet.
  • · Legal friction: low → moderate
What changed my view
Last 30 days

Mixed signals in the last 30 days — 0 improved, 0 worsened.

  • ·Legal friction: low → moderate
Last 90 days

Mixed signals in the last 90 days — 0 improved, 0 worsened.

  • ·Legal friction: low → moderate
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: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 15.1y

45/100
under pressure

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

  • · Oldest live charge is 15.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
38 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

2 years extracted from filed iXBRL accounts
Cash
£126k
↑ 21% YoY
Net Worth
—
Current Assets
£165k
↑ 16% YoY
Current Liabilities
—
£0£33k£66k£99k£132k£165kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Current assets£165.2k£142.6k
Cash£125.6k£103.9k
Debtors£39.6k£38.6k

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-02-18
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  2. 2025-12-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-02-11
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  4. 2024-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-02-09
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  6. 2023-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-02-10
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  8. 2023-02-10
    📄
    change-to-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC04
  9. 2022-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-02-09
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  11. 2022-02-08
    📄
    cessation-of-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC07
  12. 2022-02-08
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  13. 2022-01-31
    ➖
    LOVE, Veronica Cieslik resigned
    llp-designated-member
  14. 2021-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-02-19
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  16. 2021-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2020-02-10
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  18. 2019-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-04-09
    📄
    notification-of-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC01
  20. 2019-04-09
    📄
    appoint-person-member-limited-liability-partnership-with-appointment-date
    officers · LLAP01
  21. 2019-04-01
    ➕
    CURRIE, Craig Stewart William appointed
    llp-designated-member
  22. 2019-03-15
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  23. 2018-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2018-02-19
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  25. 2018-01-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2017-02-09
    📄
    confirmation-statement-with-updates
    confirmation-statement · LLCS01
  27. 2016-12-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  28. 2015-12-31
    ➖
    SHEDDON, Stewart Barclay resigned
    llp-designated-member
  29. 2011-06-22
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  30. 2011-02-09
    🏢
    Company incorporated
    As GALLOWAY & AYRSHIRE PARTNERSHIP LLP
  31. 2011-02-09
    ➕
    MCNEILL, Shirley Corrinne appointed
    llp-designated-member
  32. 2011-02-09
    ➕
    LOVE, Veronica Cieslik appointed
    llp-designated-member
  33. 2011-02-09
    ➕
    SHEDDON, Stewart Barclay 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 15 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Craig Stewart William Currie
Individual · British · DOB 04/1989 · age 37
—25–50%25-50% voting01/04/2019
Miss Shirley Corrinne Mcneill
Individual · Scottish · DOB 08/1981 · age 45
—25–50%25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mrs Veronica Cieslik Loveceased 31/01/2022· significant influence

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · same sector · DG postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
JOHN MILLER LIMITED→
SC098434 · est 1986
£3.29M
£2.46M–£4.11M
£11.59M—690040y8472y
EWART ENGINEERING LIMITED→
SC049122 · est 1971
£1.94M
£1.51M–£2.37M
£8.54M—790054y8762y
DAVID HARDIE ENGINEERING LTD.→
SC162759 · est 1996
£1.92M
£1.37M–£2.46M
——6830y8766y
GRETNA GREEN LTD→
SC052082 · est 1972
£861.4k
£646.1k–£1.08M
——24953y8876y
CURRIE EUROPEAN TRANSPORT LIMITED→
SC062686 · est 1977
£269.3k
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——2020048y8459y
PRAVERA LTD→
SC217044 · est 2001
£213.7k
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£1.46M—100025y9773y
ACON LIMITED→
SC277386 · est 2004
——£29.0k—21y8362y
ALLISON & HUNTER OIL LIMITED→
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———723y8372y
ASHER ASSOCIATES LIMITED→
SC189951 · est 1998
———180027y8359y
BELCHER (HOLDINGS) LIMITED→
SC338271 · est 2008 · no financials extracted
————18y8362y
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———————
WSM TRAINING LIMITED→
SC642160 · est 2019 · no financials extracted
————6y——
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
Incorporated2011-02-09
Jurisdictionscotland
Primary SIC—

Registered office

66 Victoria Street
Newton Stewart
Wigtownshire
DG8 6DD

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-23
Last: 2026-02-09

Officers (2 active · 2 resigned)

CURRIE, Craig Stewart William→
llp-designated-member · ~37y · appointed 2019-04-01
View their other companies + combined net worth →
Active
MCNEILL, Shirley Corrinne→
llp-designated-member · ~45y · appointed 2011-02-09
View their other companies + combined net worth →
Active
LOVE, Veronica Cieslik→
llp-designated-member · ~72y · appointed 2011-02-09 · resigned 2022-01-31
Resigned
SHEDDON, Stewart Barclay→
llp-designated-member · ~74y · appointed 2011-02-09 · resigned 2015-12-31
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
Virgin Money
Clydesdale Bank PLC
Floating charge1 property22/06/2011—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (38 total)

confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2026-02-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-10
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-22
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-16
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-02-10
change-to-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC04
2023-02-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-06
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-02-09
cessation-of-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC07
2022-02-08
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2022-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-23
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2021-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-28