GAULDS LIMITED

🌳Matureactive
SC187196 · ltd · incorporated 1998-06-30
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.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£8.74M
book net assets
Opportunity
75/100
Strong
🔔
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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
Property-backed borrower. Family succession underway — not a classic acquisition target.

Opportunity 75/100 (strong), bankability 65/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -71% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

17 live charges · 2 lenders · oldest 27.3y

30/100
under pressure

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

  • · Oldest live charge is 27.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Cashflow trend is negative — lender view likely cautious.

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
17 charges (17/17 with lender, 17/17 with type)
90
Directors & officers
18 officers (8 active, 18 linked, 9 with DOB)
80
Ownership & PSC
0 active PSC(s) of 4 total, 4 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
130 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
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
74
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 £8,737,131
Cash draining
Cash down 71% YoY
Cash YoY
-71%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£40k
↓ 71% YoY
Net Worth
£8.7m
↑ 7.3% YoY
Current Assets
£143k
↓ 70% YoY
Current Liabilities
£0£1.7m£3.5m£5.2m£7.0m£8.7mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£10.60M£10.10M
Current assets£143.1k£480.3k
Cash£39.8k£138.8k
Debtors£103.3k£341.5k
Net assets£8.74M£8.14M

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (75 events)Click to expand
  1. 2025-09-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2025-09-10
    GAULD, Ashley appointed
    director
  3. 2025-09-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-09-01
    GAULD, Amanda appointed
    director
  5. 2025-07-11
    📄
    second-filing-of-director-appointment-with-name
    officers · RP04AP01
  6. 2025-06-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2025-05-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-05-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-05-09
    GAULD, Barclay Keith appointed
    director
  10. 2025-05-09
    GAULD, Louise Jane appointed
    director
  11. 2024-05-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-06-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-04-12
    📄
    notice-restriction-on-company-articles
    change-of-constitution · CC01
  15. 2022-04-12
    📄
    memorandum-articles
    incorporation · MA
  16. 2022-04-12
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2021-07-09
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  18. 2021-07-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2021-07-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2021-07-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2021-07-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  22. 2021-07-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2020-11-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2020-09-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2020-09-03
    STEWART, Sharon appointed
    director
  26. 2019-01-04
    🔓
    Charge satisfied #16
  27. 2018-12-24
    🔒
    Charge registered #24
    Lender: Bank of Scotland PLC
  28. 2018-12-24
    🔒
    Charge registered #23
    Lender: Bank of Scotland PLC
  29. 2018-12-24
    🔒
    Charge registered #22
    Lender: Bank of Scotland PLC
  30. 2018-12-24
    🔒
    Charge registered #21
    Lender: Bank of Scotland PLC
  31. 2018-12-24
    🔒
    Charge registered #20
    Lender: Bank of Scotland PLC
  32. 2018-12-24
    🔒
    Charge registered #19
    Lender: Bank of Scotland PLC
  33. 2018-12-24
    🔒
    Charge registered #18
    Lender: Bank of Scotland PLC
  34. 2018-12-21
    🔒
    Charge registered #17
    Lender: Bank of Scotland PLC
  35. 2018-12-13
    🔓
    Charge satisfied #15
  36. 2018-12-13
    🔓
    Charge satisfied #14
  37. 2018-12-13
    🔓
    Charge satisfied #13
  38. 2018-12-13
    🔓
    Charge satisfied #12
  39. 2018-12-13
    🔓
    Charge satisfied #11
  40. 2018-12-13
    🔓
    Charge satisfied #10
  41. 2018-12-13
    🔓
    Charge satisfied #9
  42. 2018-12-13
    🔓
    Charge satisfied #8
  43. 2018-11-26
    🔒
    Charge registered #16
    Lender: Bank of Scotland PLC
  44. 2012-09-03
    STEWART, Sharon appointed
    secretary
  45. 2012-08-30
    SMITH, Anne resigned
    secretary
  46. 2008-09-03
    SMITH, Anne appointed
    secretary
  47. 2008-06-30
    DONALD, Alexander William Durnin resigned
    secretary
  48. 2008-06-30
    DONALD, Alexander William Durnin resigned
    director
  49. 2008-03-01
    DONALD, Alexander William Durnin appointed
    secretary
  50. 2008-03-01
    HARRISON, Allan Leslie resigned
    secretary
Showing most recent 50 of 75 events

Owner dependency

88/100
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
  • -7 active directors: Broader management team in place — suggests transferable governance.
  • +Founder name in company name: Company name contains director surname "GAULD" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

40/100
Moderate signal

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

SIGNALS
  • primaryFamily succession underway: Not a takeover target — GAULD, Ashley (same surname) appointed 2025-09-10. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med · 1 low
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

8 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

🔒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

8 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
Incorporated1998-06-30
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

C/O Gaulds Properties Ltd
22 Milnpark Street
Glasgow
G41 1BB

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-14
Last: 2025-06-30

Officers (8 active · 10 resigned)

STEWART, Sharon
secretary · appointed 2012-09-03
View their other companies + combined net worth →
Active
GAULD, Amanda
director · ~55y · appointed 2025-09-01
View their other companies + combined net worth →
Active
GAULD, Ashley
director · ~48y · appointed 2025-09-10
View their other companies + combined net worth →
Active
GAULD, Barclay Keith
director · ~50y · appointed 2025-05-09
View their other companies + combined net worth →
Active
GAULD, Louise Jane
director · ~52y · appointed 2025-05-09
View their other companies + combined net worth →
Active
GAULD, Sheila Margaret
director · ~74y · appointed 1998-12-01
View their other companies + combined net worth →
Active
GAULD, Stanley Thomson
director · ~79y · appointed 1998-12-01
View their other companies + combined net worth →
Active
STEWART, Sharon
director · ~46y · appointed 2020-09-03
View their other companies + combined net worth →
Active
DONALD, Alexander William Durnin
secretary · appointed 2008-03-01 · resigned 2008-06-30
Resigned
GAULD, Stanley Thomson
secretary · appointed 2000-07-04 · resigned 2001-07-19
Resigned
HARRISON, Allan Leslie
secretary · appointed 2001-07-19 · resigned 2008-03-01
Resigned
JACK, Robert Cowie
secretary · appointed 1998-12-01 · resigned 2000-05-05
Resigned
SMITH, Anne
secretary · appointed 2008-09-03 · resigned 2012-08-30
Resigned
MESSRS MCKAY & NORWELL WS
corporate-secretary · appointed 1998-07-28 · resigned 1998-12-01
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 1998-06-30 · resigned 1998-07-28
Resigned
DONALD, Alexander William Durnin
director · ~76y · appointed 2008-03-01 · resigned 2008-06-30
Resigned
HOOKE, Nicholas Thornton
director · ~61y · appointed 1998-07-28 · resigned 1998-12-01
Resigned
JORDANS (SCOTLAND) LIMITED
corporate-nominee-director · appointed 1998-06-30 · resigned 1998-07-28
Resigned

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

Mortgages & charges

17
Total charges
8
Outstanding
1
Active lenders
Status:Lender:17 of 17 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property24/12/2018
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property24/12/2018
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property24/12/2018
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property24/12/2018
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property24/12/2018
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property24/12/2018
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property24/12/2018
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge21/12/2018
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge26/11/201804/01/2019
satisfied
National Westminster Bank
National Westminster Bank PLC
Standard security1 property15/01/199913/12/2018
satisfied
National Westminster Bank
National Westminster Bank PLC
Standard security1 property15/01/199913/12/2018
satisfied
National Westminster Bank
National Westminster Bank PLC
Standard security1 property15/01/199913/12/2018
satisfied
National Westminster Bank
National Westminster Bank PLC
Standard security1 property15/01/199913/12/2018
satisfied
National Westminster Bank
National Westminster Bank PLC
Standard security1 property15/01/199913/12/2018
satisfied
National Westminster Bank
National Westminster Bank PLC
Standard security1 property15/01/199913/12/2018
satisfied
National Westminster Bank
National Westminster Bank PLC
Standard security1 property15/01/199913/12/2018
satisfied
National Westminster Bank
National Westminster Bank PLC
Standard security2 properties05/01/199913/12/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (130 total)

appoint-person-director-company-with-name-date
officers · AP01
2025-09-12
appoint-person-director-company-with-name-date
officers · AP01
2025-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-11
second-filing-of-director-appointment-with-name
officers · RP04AP01
2025-07-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-11
appoint-person-director-company-with-name-date
officers · AP01
2025-05-12
appoint-person-director-company-with-name-date
officers · AP01
2025-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-29
notice-restriction-on-company-articles
change-of-constitution · CC01
2022-04-12
memorandum-articles
incorporation · MA
2022-04-12