GARRY HAY INSURE LTD

🏛️Establishedactive
SC650095 · ltd · incorporated 2019-12-20
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 Dec 2024
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Activities of insurance agents and brokers
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 69/100 (strong), bankability 65/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: strategic trade sale (73/100).

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
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£6k£13k£19k£26k£32kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£32.3k
Current assets£2.7k
Net assets£32.3k

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

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-04-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-09-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-10-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-10-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2021-10-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-10-18
    HAY, Rhuaraidh Garry appointed
    director
  9. 2020-10-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2020-10-22
    HAY, Rhuaraidh Garry resigned
    director
  11. 2019-12-20
    🏢
    Company incorporated
    As GARRY HAY INSURE LTD
  12. 2019-12-20
    HAY, Garry appointed
    director
  13. 2019-12-20
    HAY, Louise Marie appointed
    director
  14. 2019-12-20
    HAY, Rhuaraidh Garry appointed
    director
  15. 2019-12-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-01-02

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Garry Hay
Individual · Scottish · DOB 08/1959 · age 67
75100%
75–100%board control75-100% shares · 75-100% voting · board control20/12/2019

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.

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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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2019-12-20
Jurisdictionscotland
Primary SIC66220 — Activities of insurance agents and brokers

Registered office

21 Wyvis Avenue
Broughty Ferry
Dundee
DD5 3ST
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-01-02OVERDUE
Last: 2024-12-19

Officers (3 active · 1 resigned)

HAY, Garry
director · ~67y · appointed 2019-12-20
View their other companies + combined net worth →
Active
HAY, Louise Marie
director · ~58y · appointed 2019-12-20
View their other companies + combined net worth →
Active
HAY, Rhuaraidh Garry
director · ~23y · appointed 2021-10-18
View their other companies + combined net worth →
Active
HAY, Rhuaraidh Garry
director · ~23y · appointed 2019-12-20 · resigned 2020-10-22
Resigned

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

Recent filings (14 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-14
accounts-with-accounts-type-dormant
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-28
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-07
appoint-person-director-company-with-name-date
officers · AP01
2021-10-27
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-31
termination-director-company-with-name-termination-date
officers · TM01
2020-10-23
incorporation-company
incorporation · NEWINC
2019-12-20