G HAY LIMITED

💤Zombieactive
SC723307 · ltd · incorporated 2022-02-16
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
£2.1k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Artistic creation
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 70/100. 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).

Data confidence

Overall: medium (76/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £2,129
Net assets shrinking
Down £3,169 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£2k
↓ 60% YoY
Current Assets
£9k
↓ 17% YoY
Current Liabilities
£0£2k£4k£6k£8k£10kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-02-282024-02-28
Total assets£2.7k£5.9k
Current assets£8.5k£10.2k
Net assets£2.1k£5.3k

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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2025-06-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-04-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-04-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-03-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2022-02-16
    🏢
    Company incorporated
    As G HAY LIMITED
  6. 2022-02-16
    HAY, George appointed
    director
  7. 2022-02-16
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • 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 George Hay
Individual · British · DOB 09/1963 · age 63
75100%
75–100%board control75-100% shares · 75-100% voting · board control · trust interest16/02/2022

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2022-02-16
Jurisdictionscotland
Primary SIC90030 — Artistic creation

Registered office

The Old City Club
6 Southesk Street
Brechin
DD9 6DY
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-01
Last: 2026-02-15

Officers (1 active · 0 resigned)

HAY, George
director · ~63y · appointed 2022-02-16
View their other companies + combined net worth →
Active

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

Recent filings (9 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-03-09
incorporation-company
incorporation · NEWINC
2022-02-16