ALBA GASKETS LIMITED

💤Zombieactive
SC324543 · ltd · incorporated 2007-05-29
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: SIC 09100
Sector: Mining & quarrying
ALSO REGISTERED FOR
  • 22290SIC 22290
  • 25990SIC 25990
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 77/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

5 live charges · 2 lenders · oldest 18.0y

30/100
under pressure

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

  • · Oldest live charge is 18.0 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
71 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Average employees161300

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-02-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2024-03-04
    🔒
    Charge registered #5
    Lender: Barclays Security Trustee Limited
  5. 2024-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-09-28
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  7. 2023-06-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2022-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-02-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-04-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-03-19
    ➖
    LC SECRETARIES LIMITED resigned
    corporate-secretary
  12. 2020-03-19
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2019-11-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2019-11-05
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  15. 2019-10-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-09-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2019-09-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2019-09-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2019-09-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  20. 2019-09-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2019-09-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  22. 2019-09-10
    🔒
    Charge registered #4
    Lender: Barclays Security Trustee Limited
  23. 2019-09-05
    ➖
    SMITH, Ashley resigned
    secretary
  24. 2019-09-05
    ➕
    LC SECRETARIES LIMITED appointed
    corporate-secretary
  25. 2019-09-05
    ➖
    SMITH, Ashley resigned
    director
  26. 2019-09-05
    ➖
    SMITH, Bradley John Joseph resigned
    director
  27. 2019-09-05
    🔒
    Charge registered #3
    Lender: Barclays Security Trustee Limited
  28. 2019-08-27
    🔒
    Charge registered #2
    Lender: Barclays Security Trustee Limited
  29. 2019-08-27
    🔓
    Charge satisfied #1
  30. 2010-11-29
    ➕
    SIM, Gavin John appointed
    director
  31. 2008-04-22
    🔒
    Charge registered #1
    Lender: Royal Bank of Scotland PLC
  32. 2007-05-29
    🏢
    Company incorporated
    As ALBA GASKETS LIMITED
  33. 2007-05-29
    ➕
    SMITH, Ashley appointed
    secretary
  34. 2007-05-29
    ➕
    SMITH, Ashley appointed
    director
  35. 2007-05-29
    ➕
    SMITH, Bradley John Joseph appointed
    director

Owner dependency

85/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 19 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.)

Group structure

Aberdeen Alba Gaskets Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Aberdeen Alba Gaskets Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
ALBA GASKETS LIMITED
This company · SC324543

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Aberdeen Alba Gaskets Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control05/09/2019
Mr Gavin John Sim
Individual · British · DOB 10/1974 · age 52
——sig. influencesignificant influence06/04/2016
2 historic (ceased) PSCs
  • Mr Bradley John Joseph Smithceased 05/09/2019· 25-50% shares · 25-50% voting
  • Mr Ashley Smithceased 05/09/2019· 25-50% shares · 25-50% voting

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

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
Incorporated2007-05-29
Jurisdictionscotland
Primary SIC09100 — SIC 09100

Registered office

Johnstone House
52-54 Rose Street
Aberdeen
AB10 1HA
United Kingdom

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-12
Last: 2025-05-29

Officers (1 active · 4 resigned)

SIM, Gavin John→
director · ~52y · appointed 2010-11-29
View their other companies + combined net worth →
Active
SMITH, Ashley→
secretary · appointed 2007-05-29 · resigned 2019-09-05
Resigned
LC SECRETARIES LIMITED→
corporate-secretary · appointed 2019-09-05 · resigned 2020-03-19
Resigned
SMITH, Ashley→
director · ~59y · appointed 2007-05-29 · resigned 2019-09-05
Resigned
SMITH, Bradley John Joseph→
director · ~67y · appointed 2007-05-29 · resigned 2019-09-05
Resigned

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

Mortgages & charges

5
Total charges
4
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge—04/03/2024—
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge—10/09/2019—
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge—05/09/2019—
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge—27/08/2019—
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Bond & floating charge1 property22/04/200827/08/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (71 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-28
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2023-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-20
change-person-director-company-with-change-date
officers · CH01
2023-06-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-16
confirmation-statement-with-updates
confirmation-statement · CS01
2020-06-12