GLEANER LIMITED

🌳Matureactive

SC030017 · ltd · incorporated 1954-04-24

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.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 36.3y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: SIC 46120

Sector: Wholesale & retail

ALSO REGISTERED FOR

47300Retail sale of automotive fuel in specialised stores

Investor take

Pursue

Strong opportunity: conservative operator with exceptional profile and bankable structure.

Opportunity 83/100 (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: strategic trade sale (78/100).

🏦

Refinance opportunity

1 live charge · oldest 36.3y

75/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 36.3 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 30/100 — workable, but lender will want more DD.
· Profitable and stable/growing — lender coverage supportable.

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, 2 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

16 officers (6 active, 16 linked, 11 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

2 connected companies via shared directors

Filing history

140 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Profitable

Profit before tax £1,310,222

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-06-30	2024-06-30
Profit before tax	£1.31M	—
Average employees	199	—

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (41 events)Click to expand

2026-03-12
📄
accounts-with-accounts-type-group
accounts · AA
2025-03-21
📄
accounts-with-accounts-type-group
accounts · AA
2025-03-01
📄
change-person-director-company-with-change-date
officers · CH01
2025-03-01
📄
change-person-director-company-with-change-date
officers · CH01
2025-03-01
📄
change-person-director-company-with-change-date
officers · CH01
2024-01-15
📄
accounts-with-accounts-type-group
accounts · AA
2023-03-16
📄
accounts-with-accounts-type-group
accounts · AA
2022-05-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-16
➕
MONTGOMERY, Brian Sinclair appointed
director
2022-02-15
📄
accounts-with-accounts-type-group
accounts · AA
2021-10-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-10-06
➖
CLINTON, Nicholas Francis Apps resigned
director
2020-12-22
📄
accounts-with-accounts-type-group
accounts · AA
2020-02-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-02-01
➕
REAPER, Garry Harper appointed
director
2020-01-17
📄
accounts-with-accounts-type-group
accounts · AA
2019-11-04
➕
CLINTON, Nicholas Francis Apps appointed
director
2019-11-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-06-28
➕
LESLIE, Susan Helen appointed
secretary
2019-06-28
➖
THAIN, Iain Archibald resigned
secretary
2019-06-28
➖
THAIN, Iain Archibald resigned
director
2019-06-28
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2019-06-28
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2019-06-28
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-03-21
📄
accounts-with-accounts-type-group
accounts · AA
2016-07-29
➕
THAIN, Iain Archibald appointed
secretary
2016-07-29
➖
AS COMPANY SERVICES LIMITED resigned
corporate-secretary
2016-05-03
➕
THAIN, Iain Archibald appointed
director
2014-08-31
➖
LAING, William John resigned
director
2014-07-11
➖
YOUNG, Robert Brian resigned
director
2014-07-10
➕
SCOTT, Stephen Reader appointed
director
2010-10-01
➕
SCOTT, Mary Jane appointed
director
2010-04-19
➖
YOUNG, Thomas Evan Robb resigned
director
2008-01-01
➕
TODD, David Gray appointed
director
2007-11-26
➖
ANDERSON STRATHERN resigned
corporate-secretary
2007-11-26
➕
AS COMPANY SERVICES LIMITED appointed
corporate-secretary
2004-08-31
➖
SHAYER, John resigned
director
1999-06-30
➕
ANDERSON STRATHERN appointed
corporate-secretary
1999-06-30
➖
ORR MACQUEEN W S resigned
corporate-secretary
1989-12-19
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
1954-04-24
🏢
Company incorporated
As GLEANER LIMITED

Owner dependency

66/100

High — earn-out structure required

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 62 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

63/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
secondary12+ year tenure: Director in role 18 years.
secondaryStable-but-static management: Company is 72 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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%

Name	Shares	Voting rights	Nature of control	Notified
Mrs Mary Jane Scott Individual · British · DOB 03/1964 · age 62	75–100%	—	75-100% shares	01/10/2016

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 · Wholesale & distribution · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BAREFOOT UNDERFLOOR HEATING LTD→ SC668181 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
BONNIE PRINCE CHARLIE LTD→ SC707174 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
C S MACHINERY SALES LTD→ SC485757 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
CALEY TIMBER & BUILDING SUPPLIES LIMITED→ SC242415 · est 2003 · no financials extracted	—	—	—	—	23y	—	—
CULBOKIE STORE LTD→ SC674374 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
DOWN THE RABBIT HOLE (SCOTLAND) LTD→ SC783844 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
FMR ECOSSE LIMITED→ SC197791 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
FRANK NICOL FARM AND GARDEN MACHINERY LIMITED→ SC139585 · est 1992 · no financials extracted	—	—	—	—	33y	—	—
FRASER INTERNATIONAL LTD→ SC554914 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
FULLERSKIN LTD→ SC646206 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
GAME COOLING SYSTEM UK LTD→ SC748916 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
GLOBAL PROCUREMENT PRODUCTS & SERVICES LIMITED→ SC849108 · est 2025 · no financials extracted	—	—	—	—	—	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

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 →

🔒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

Incorporated1954-04-24

Jurisdictionscotland

Primary SIC46120 — SIC 46120

Registered office

Milnfield

Ashgrove Road

Elgin

Morayshire

IV30 1UU

Scotland

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-10-09

Last: 2025-09-25