G2 OUTDOOR LTD
🌳Matureactive
SC265002 · ltd · incorporated 2004-03-16
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Other sports activities
Sector: Arts, entertainment & recreation
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
Data confidence
Overall: medium (76/100)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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
51 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
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 accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 18 | 1600 |
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 (19 events)Click to expand
- 2025-10-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-10-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-10-12📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-04-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-04-20📄change-person-director-company-with-change-dateofficers · CH01
- 2004-03-16🏢Company incorporatedAs G2 OUTDOOR LTD
- 2004-03-16➕ETHERIDGE, Nicholas appointedsecretary
- 2004-03-16➕ETHERIDGE, Nicholas appointeddirector
- 2004-03-16➕GALE, Michael Robert appointeddirector
Owner dependency
68/100
High — earn-out structure requiredMaterial 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 22 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael Robert Gale Individual · British · DOB 08/1971 · age 55 | 25–50% | — | 25-50% shares | 16/03/2017 |
Mr Nicholas Etheridge Individual · British · DOB 04/1975 · age 51 | 25–50% | — | 25-50% shares | 16/03/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| HIGHLAND VENTURE LIMITED→ SC248894 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| IDR INK LOVER LTD→ SC794775 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| JL PARTY EVENTS LTD→ SC846558 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| KCPT YOGA LIMITED→ SC770540 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| KENNETH GRANT MOUNTAIN GUIDE LTD→ SC645225 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| LETHAM COMMUNITY SPORTS CLUB→ SC343487 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| LETS BOOK LIMITED→ SC199219 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| LEVEN ADVENTURE HOLDINGS LIMITED→ SC632916 · 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
Typeltd
Incorporated2004-03-16
Jurisdictionscotland
Primary SIC93199 — Other sports activities
Registered office
The Hatchery
Alvie Estate
Kingussie
PH21 1NE
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-30
Last: 2026-03-16
Officers (3 active · 0 resigned)
ETHERIDGE, Nicholas→
Activesecretary · appointed 2004-03-16
View their other companies + combined net worth →
ETHERIDGE, Nicholas→
Activedirector · ~51y · appointed 2004-03-16
View their other companies + combined net worth →
GALE, Michael Robert→
Activedirector · ~55y · appointed 2004-03-16
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (51 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-20