G-TEX LIMITED

🌳Matureactive
01732932 · ltd · incorporated 1983-06-20
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 42.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
£787.6k
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with exceptional profile and bankable structure.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 42.5y

65/100
clean up first

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

  • · Oldest live charge is 42.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 6 with DOB)
85
Ownership & PSC
4 active PSC(s) of 4 total, 4 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
105 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
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
Positive net assets
Net assets £787,596
Cash YoY
+19%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£256k
↑ 19% YoY
Net Worth
£788k
↑ 2.9% YoY
Current Assets
£427k
↑ 7.9% YoY
Current Liabilities
—
£0£158k£315k£473k£630k£788kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£787.6k£765.1k
Current assets£427.1k£395.6k
Cash£255.5k£214.3k
Debtors£171.5k£181.3k
Net assets£787.6k£765.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 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
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-01-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-01-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-01-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-05-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-05-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-05-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-02-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2017-05-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-05-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2005-01-01
    ➕
    GHAI, Rajesh Kumar appointed
    director
  17. 2000-02-04
    ➖
    GHAI, Pramod Kumari resigned
    secretary
  18. 2000-02-04
    ➖
    GHAI, Pramod Kumari resigned
    director
  19. 2000-02-04
    ➖
    GHAI, Tarsem Kumar resigned
    director
  20. 2000-02-01
    ➕
    GHAI, Rajesh Kumar appointed
    secretary
  21. 2000-02-01
    ➕
    SHANT, Meena Kumari appointed
    director
  22. 1992-12-31
    ➖
    SANGHERA, Harjinder Singh resigned
    director
  23. 1992-12-31
    ➖
    SANGHERA, Mohinder Jit Kaur resigned
    director
  24. 1990-08-23
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  25. 1986-01-15
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  26. 1983-10-17
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  27. 1983-06-20
    🏢
    Company incorporated
    As G-TEX LIMITED

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 43 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

4 active beneficial owners · fragmented
NameSharesVoting rightsNature of controlNotified
Mr Rajesh Kumar Ghai
Individual · British · DOB 02/1972 · age 54
25–50%
—25-50% shares06/04/2016
Mrs Meena Kumari Shant
Individual · British · DOB 05/1968 · age 58
25–50%
—25-50% shares06/04/2016
Mr Vinay Kumar Ghai
Individual · British · DOB 09/1970 · age 56
25–50%
—25-50% shares06/04/2016
Mr Rajesh Kumar Ghai
Individual · British · DOB 02/1972 · age 54
——sig. influencesignificant influence01/01/2017

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 →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1983-06-20
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Executive House
Coombe Road
Neasden
NW10 0EB

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (3 active · 5 resigned)

GHAI, Rajesh Kumar→
secretary · appointed 2000-02-01
View their other companies + combined net worth →
Active
GHAI, Rajesh Kumar→
director · ~54y · appointed 2005-01-01
View their other companies + combined net worth →
Active
SHANT, Meena Kumari→
director · ~58y · appointed 2000-02-01
View their other companies + combined net worth →
Active
GHAI, Pramod Kumari→
secretary · resigned 2000-02-04
Resigned
GHAI, Pramod Kumari→
director · ~81y · resigned 2000-02-04
Resigned
GHAI, Tarsem Kumar→
director · ~82y · resigned 2000-02-04
Resigned
SANGHERA, Harjinder Singh→
director · ~85y · resigned 1992-12-31
Resigned
SANGHERA, Mohinder Jit Kaur→
director · ~82y · resigned 1992-12-31
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property23/08/1990—
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property15/01/1986—
outstanding
Barclays
Barclays Bank PLC
Debenture1 property17/10/1983—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (105 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-08
change-person-director-company-with-change-date
officers · CH01
2025-01-08
change-person-director-company-with-change-date
officers · CH01
2025-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-26
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-08