GLENCAIRN FINANCE LIMITED
🌳Matureactive
08929318 · ltd · incorporated 2014-03-07
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 12.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£6.88M
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Other credit granting n.e.c.
Sector: Financial & insurance
Investor take
PursueAsset-holding vehicle with a 76-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 77/100. Strong seller-intent signal (63/100, director aged 76). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (73/100).
🏦
Refinance opportunity
1 live charge · oldest 12.1y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 12.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (84/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 5 with DOB)
87
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
23 connected companies via shared directors
90
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
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 declaredPositive net assets
Net assets £6,877,386
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£6.9m
↑ 18% YoY
Current Assets
£7.0m
↑ 18% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-27 | 2023-09-27 |
|---|---|---|
| Total assets | £6.88M | £5.81M |
| Current assets | £7.05M | £5.96M |
| Net assets | £6.88M | £5.81M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2025-08-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-08-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-08-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-16📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-15📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-15📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-06-05📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-06-04📄gazette-notice-compulsorygazette · GAZ1
- 2023-11-29📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-11-28📄gazette-notice-compulsorygazette · GAZ1
- 2023-08-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-08-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-08-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-08-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-02📄administrative-restoration-companyrestoration · RT01
- 2022-02-22📄gazette-dissolved-compulsorygazette · GAZ2
- 2021-06-28➕CUMMINGS, Peter Joseph appointeddirector
- 2021-06-28➕SMITH, Gerard Henry appointeddirector
- 2021-06-28➖MACDONALD, Ruaridh resigneddirector
- 2020-02-19🔓Charge satisfied #1
- 2014-03-11🔒Charge registered #1Lender: Roderick Macdonald as Trustee of the Chargee
- 2014-03-10➕MACDONALD, Marjorie appointeddirector
- 2014-03-10➖DM COMPANY SERVICES (LONDON) LIMITED resignedcorporate-secretary
- 2014-03-10➕MACDONALD, Ruaridh appointeddirector
- 2014-03-10➖MCNAIR, Martin James resigneddirector
- 2014-03-07🏢Company incorporatedAs GLENCAIRN FINANCE LIMITED
- 2014-03-07➕DM COMPANY SERVICES (LONDON) LIMITED appointedcorporate-secretary
- 2014-03-07➕MCNAIR, Martin James appointeddirector
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 76 — succession pressure is live.
Succession & seller-readiness
73/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 12 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Christine Macdonald Individual · British · DOB 10/1946 · age 80 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 12/01/2023 |
Mr Donald John Macdonald Individual · British · DOB 02/1947 · age 79 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 12/01/2023 |
2 historic (ceased) PSCs
- Miss Marjorie Macdonaldceased 12/01/2023· 25-50% shares · 25-50% voting
- Mr Ruaridh Macdonaldceased 12/01/2023· 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 →Similar companies
Active · Financial services · YO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1898 C1 LTD→ 13698011 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 360 FUNDING LTD→ 11711816 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A1 INSURANCE SERVICES LIMITED→ 02299204 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| ABERDEEN ENTERPRISE FINANCE LIMITED→ 06662401 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ACORN ASSESSORS LIMITED→ 03552937 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| ADEPT INVESTING LTD→ 09508464 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ADNFC FINANCIAL CONSULTANTS LTD→ 11968206 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADVANCED INHERITANCE LIMITED→ 14906733 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADVIN SPV1 LIMITED→ 15425921 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADVISERHOME LIMITED→ 07565978 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| AEF (MALTON) LIMITED→ 07637323 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| AGE UK YORK ENTERPRISES LTD→ 04684417 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
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
Incorporated2014-03-07
Jurisdictionengland-wales
Primary SIC64929 — Other credit granting n.e.c.
Registered office
Foss Islands House
Foss Islands Road
York
YO31 7UJ
England
Filing status
Accounts
Next due: 2026-06-27
Last made up to: 2024-09-27
Confirmation statement
Next due: 2026-08-18
Last: 2025-08-04
Officers (3 active · 3 resigned)
CUMMINGS, Peter Joseph→
Activedirector · ~71y · appointed 2021-06-28
View their other companies + combined net worth →
MACDONALD, Marjorie→
Activedirector · ~53y · appointed 2014-03-10
View their other companies + combined net worth →
SMITH, Gerard Henry→
Activedirector · ~76y · appointed 2021-06-28
View their other companies + combined net worth →
DM COMPANY SERVICES (LONDON) LIMITED→
Resignedcorporate-secretary · appointed 2014-03-07 · resigned 2014-03-10
MACDONALD, Ruaridh→
Resigneddirector · ~51y · appointed 2014-03-10 · resigned 2021-06-28
MCNAIR, Martin James→
Resigneddirector · ~62y · appointed 2014-03-07 · resigned 2014-03-10
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Roderick Macdonald as Trustee of the Chargee / Marjorie Macdonald as Trustee of the Chargee / Christine Macdonald as Trustee of the Chargee / Donald John Macdonald as Trustee of the Cardrona Charitable Trust (The Chargee) | A registered charge | 1 property | 11/03/2014 | 19/02/2020 |
Recent filings (56 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-12
change-person-director-company-with-change-date
officers · CH01
2025-05-16
change-person-director-company-with-change-date
officers · CH01
2025-05-15
change-person-director-company-with-change-date
officers · CH01
2025-05-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-28
gazette-filings-brought-up-to-date
gazette · DISS40
2024-06-05
gazette-notice-compulsory
gazette · GAZ1
2024-06-04
gazette-filings-brought-up-to-date
gazette · DISS40
2023-11-29
gazette-notice-compulsory
gazette · GAZ1
2023-11-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-11
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-04