GALSON-STORNOWAY MOTOR SERVICES LIMITED
- · Oldest live charge 22.2y old — refinance window within 12 months
Opportunity 80/100 (exceptional), 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: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
1 live charge · oldest 22.2y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 22.2 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: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
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 | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £237.5k | £262.4k |
| Current assets | £304.0k | £298.8k |
| Cash | £282.0k | £281.1k |
| Debtors | £17.3k | £12.6k |
| Net assets | £233.0k | £256.5k |
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
Corporate timeline (22 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-18📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-05-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-05-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-01-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-06➖MORRISON, Isobella resignedsecretary
- 2021-10-06➖MORRISON, Isobella resigneddirector
- 2020-12-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-02-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-02-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-02-16➕MORRISON, Eilidh Graham appointeddirector
- 2017-02-16➕MORRISON, Innes Iain appointeddirector
- 2016-09-15📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-08-01➖MORRISON, Iain resigneddirector
- 2004-02-17🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1948-09-07🏢Company incorporatedAs GALSON-STORNOWAY MOTOR SERVICES LIMITED
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryStable-but-static management: Company is 78 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Calum Morrison Individual · British · DOB 02/1965 · age 61 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
1 historic (ceased) PSC
- Isobella Morrisonceased 06/10/2021· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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6 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 (3 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 17/02/2004 | — |