GEARBOX DIGITAL LIMITED

💤Zombieactive
SC589686 · ltd · incorporated 2018-02-23
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 Mar 2025
Net worth
£101.4k
book net assets
Opportunity
71/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Support activities to performing arts
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 71/100 (strong), bankability 75/100. 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).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £101,393
Net assets shrinking
Down £33,649 YoY
Cash YoY
+16%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£248k
↑ 16% YoY
Net Worth
£101k
↓ 25% YoY
Current Assets
Current Liabilities
£0£50k£99k£149k£199k£248kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Cash£248.5k£214.1k
Net assets£101.4k£135.0k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

4 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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-03-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-03-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2025-03-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-03-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-03-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2025-03-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2025-02-08
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2025-02-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2025-01-14
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  12. 2024-12-24
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2023-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2022-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2022-08-23
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  16. 2022-08-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2022-07-04
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  18. 2022-06-11
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  19. 2022-05-24
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  20. 2021-12-30
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  21. 2018-02-23
    🏢
    Company incorporated
    As GEARBOX DIGITAL LIMITED
  22. 2018-02-23
    MACDONALD, Philip Norman appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Philip Norman Macdonald
Individual · Scottish · DOB 11/1986 · age 40
5075%
50–75%board control50-75% shares · 50-75% voting · board control23/02/2018
Mrs Lindsay Macdonald
Individual · Scottish · DOB 12/1983 · age 43
2550%
25–50%25-50% shares · 25-50% voting26/03/2022

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 →

Similar companies

Active · Leisure & entertainment · IV postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CADDY & CASK LTD
SC858119 · est 2025 · no financials extracted
CELTIC WORSHIP LIMITED
SC689789 · est 2021 · no financials extracted
5y
COMPANY HAME CIC
SC830484 · est 2024 · no financials extracted
1y
DAYDREAM DRAWS LTD
SC800000 · est 2024 · no financials extracted
2y
EASE EVENT SOLUTIONS LTD
SC663793 · est 2020 · no financials extracted
5y
F.C. INVERNESS LIMITED
SC843131 · est 2025 · no financials extracted
1y
GO HIGHLANDS LTD
SC780727 · est 2023 · no financials extracted
2y
GRANT DRIVING TOURS LTD
SC773634 · est 2023 · no financials extracted
2y
GYM300 (SCOTLAND) LIMITED
SC472574 · est 2014 · no financials extracted
12y
H & M OVERSEAS LIMITED
SC099896 · est 1986 · no financials extracted
39y
H&I ADVENTURES LTD
SC438812 · est 2012 · no financials extracted
13y
HIGHLAND ACTIVITIES LTD
SC311105 · est 2006 · no financials extracted
19y
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
Incorporated2018-02-23
Jurisdictionscotland
Primary SIC90020 — Support activities to performing arts

Registered office

7 Spey Street
Nairn
IV12 5TX

Filing status

Accounts
Next due: 2026-12-30
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-08
Last: 2026-02-22

Officers (1 active · 0 resigned)

MACDONALD, Philip Norman
director · ~40y · appointed 2018-02-23
View their other companies + combined net worth →
Active

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

Recent filings (32 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-03-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-11
change-person-director-company-with-change-date
officers · CH01
2025-03-11
change-person-director-company-with-change-date
officers · CH01
2025-03-11
gazette-filings-brought-up-to-date
gazette · DISS40
2025-02-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-06
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-01-14
gazette-notice-compulsory
gazette · GAZ1
2024-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-08