JAMES GAMMIE & SONS LTD
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
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| 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.
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
- • 1 accounts
- • 1 confirmation-statement
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (28 events)Click to expand
- 2026-02-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-27📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-04-25📄gazette-notice-compulsorygazette · GAZ1
- 2022-10-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-05📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-07-26📄gazette-notice-compulsorygazette · GAZ1
- 2021-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-02📄gazette-filings-brought-up-to-dategazette · DISS40
- 2019-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-03📄gazette-notice-compulsorygazette · GAZ1
- 2018-08-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-08-15🔒Charge registered #1Lender: Bank of Scotland PLC
- 2017-07-17➕GAMMIE, James Alexander appointeddirector
- 2017-07-17➖MACLAY MURRAY & SPENS LLP resignedcorporate-secretary
- 2017-07-17➖VINDEX LIMITED resignedcorporate-director
- 2017-07-17➖VINDEX SERVICES LIMITED resignedcorporate-director
- 2017-05-19➖TRUESDALE, Christine resigneddirector
- 2017-01-10🏢Company incorporatedAs JAMES GAMMIE & SONS LTD
- 2017-01-10➕MACLAY MURRAY & SPENS LLP appointedcorporate-secretary
- 2017-01-10➕TRUESDALE, Christine appointeddirector
- 2017-01-10➕VINDEX LIMITED appointedcorporate-director
- 2017-01-10➕VINDEX SERVICES LIMITED appointedcorporate-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Alexander Gammie Individual · British · DOB 08/1966 · age 60 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 17/07/2017 |
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.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (1 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 15/08/2018 | — |