JAMES GAMMIE & SONS LTD

💤Zombieactive
SC554192 · ltd · incorporated 2017-01-10
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
£117.4k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 80/100. 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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 7.7y

45/100
under pressure

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

  • · Oldest live charge is 7.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · 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, 1 SIC codes, incorporation date
100
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
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
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 £117,372
Cash YoY
+241%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£501k
↑ 241% YoY
Net Worth
£117k
↑ 183% YoY
Current Assets
£610k
↑ 48% YoY
Current Liabilities
£0£122k£244k£366k£488k£610kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£144.7k£64.6k
Current assets£610.0k£411.8k
Cash£501.2k£147.1k
Debtors£22.5k£125.4k
Net assets£117.4k£41.4k

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
2
filings
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-08-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-06-27
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2023-04-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2022-10-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-08-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2022-07-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2021-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-04-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2020-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-11-02
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2019-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-09-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  17. 2018-08-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2018-08-15
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  19. 2017-07-17
    GAMMIE, James Alexander appointed
    director
  20. 2017-07-17
    MACLAY MURRAY & SPENS LLP resigned
    corporate-secretary
  21. 2017-07-17
    VINDEX LIMITED resigned
    corporate-director
  22. 2017-07-17
    VINDEX SERVICES LIMITED resigned
    corporate-director
  23. 2017-05-19
    TRUESDALE, Christine resigned
    director
  24. 2017-01-10
    🏢
    Company incorporated
    As JAMES GAMMIE & SONS LTD
  25. 2017-01-10
    MACLAY MURRAY & SPENS LLP appointed
    corporate-secretary
  26. 2017-01-10
    TRUESDALE, Christine appointed
    director
  27. 2017-01-10
    VINDEX LIMITED appointed
    corporate-director
  28. 2017-01-10
    VINDEX SERVICES LIMITED appointed
    corporate-director

Owner dependency

98/100
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.
  • +Founder name in company name: Company name contains director surname "GAMMIE" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr James Alexander Gammie
Individual · British · DOB 08/1966 · age 60
75100%
75–100%75-100% shares · 75-100% voting17/07/2017
2 historic (ceased) PSCs
  • Vindex Services Limitedceased 17/07/2017· 25-50% shares · 25-50% voting
  • Vindex Limitedceased 17/07/2017· 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

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
Incorporated2017-01-10
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

15 Boyndie Street Boyndie Street
Banff
AB45 1DY
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-02-06
Last: 2026-01-23

Officers (1 active · 4 resigned)

GAMMIE, James Alexander
director · ~60y · appointed 2017-07-17
View their other companies + combined net worth →
Active
MACLAY MURRAY & SPENS LLP
corporate-secretary · appointed 2017-01-10 · resigned 2017-07-17
Resigned
TRUESDALE, Christine
director · ~66y · appointed 2017-01-10 · resigned 2017-05-19
Resigned
VINDEX LIMITED
corporate-director · appointed 2017-01-10 · resigned 2017-07-17
Resigned
VINDEX SERVICES LIMITED
corporate-director · appointed 2017-01-10 · resigned 2017-07-17
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
Lloyds Banking Group
Bank of Scotland PLC
A registered charge15/08/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (41 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-29
gazette-filings-brought-up-to-date
gazette · DISS40
2023-06-27
gazette-notice-compulsory
gazette · GAZ1
2023-04-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-21
gazette-filings-brought-up-to-date
gazette · DISS40
2022-08-05
gazette-notice-compulsory
gazette · GAZ1
2022-07-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-02