GLUNZ (UK) LIMITED

⚰️Wound downdissolved
SC063998 · ltd · incorporated 1978-01-31
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
50/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed dormant / non-trading — structural issues outweigh the discount.

Opportunity 50/100 (worth a look), bankability 52/100. Strong seller-intent signal (88/100, director aged 73). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (30/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

7 live charges · 6 lenders · oldest 45.9y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 45.9 years old — likely at or near maturity.
  • · 6 lenders named — inter-creditor friction likely.
  • · Legal-friction score 50/100 (high).

Data confidence

Overall: low (50/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
20 officers (3 active, 20 linked, 11 with DOB)
81
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
8 connected companies via shared directors
69
Filing history
140 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

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 (70 events)Click to expand
  1. 2017-10-06
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2017-10-06
    🏁
    Company dissolved
  3. 2017-07-06
    ⚠️
    liquidation-voluntary-return-of-final-meeting-scotland
    insolvency · 4.26(Scot)
  4. 2016-12-13
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2016-10-12
    📍
    change-sail-address-company-with-new-address
    address · AD02
  6. 2016-10-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2016-10-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2015-11-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  9. 2015-09-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2014-11-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2014-10-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2013-11-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2013-10-02
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2012-11-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2012-11-28
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  16. 2012-10-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2012-07-27
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  18. 2012-07-26
    📄
    legacy
    capital · SH20
  19. 2012-07-26
    ⚠️
    legacy
    insolvency · CAP-SS
  20. 2012-07-26
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2011-11-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2011-10-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  23. 2010-11-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  24. 2010-10-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  25. 2009-11-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  26. 2009-11-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  27. 2008-09-22
    ➕
    MCMEEKIN, Alan Gordon appointed
    secretary
  28. 2008-09-22
    ➖
    ARNOLD, Nicola Mhairi resigned
    secretary
  29. 2003-02-28
    ➖
    STINSON, Thomas Gordon resigned
    director
  30. 2002-01-25
    ➕
    STINSON, Thomas Gordon appointed
    director
  31. 1999-12-23
    ➕
    ARNOLD, Nicola Mhairi appointed
    secretary
  32. 1999-12-23
    ➖
    IRVINE, John Christopher resigned
    secretary
  33. 1997-03-13
    ➖
    KOHLER, Klaus resigned
    director
  34. 1996-03-20
    ➕
    MCLEISH, Frederick Best appointed
    director
  35. 1996-02-29
    ➖
    LAWWELL, Peter Thomas resigned
    director
  36. 1995-08-21
    ➖
    GLUNZ, Martin resigned
    director
  37. 1995-08-21
    ➖
    WORTBERG, Ernst resigned
    director
  38. 1994-03-31
    ➕
    IRVINE, John Christopher appointed
    secretary
  39. 1994-03-31
    ➖
    WRIGHT, Peter John resigned
    secretary
  40. 1993-09-01
    ➕
    WORTBERG, Ernst appointed
    director
  41. 1993-01-11
    🔓
    Charge satisfied #10
  42. 1993-01-11
    🔓
    Charge satisfied #9
  43. 1993-01-11
    🔓
    Charge satisfied #8
  44. 1993-01-11
    🔓
    Charge satisfied #7
  45. 1992-10-01
    ➕
    FITZGIBBON, Maurice Patrick appointed
    director
  46. 1992-07-24
    ➖
    GOW, David George resigned
    secretary
  47. 1992-07-24
    ➕
    WRIGHT, Peter John appointed
    secretary
  48. 1991-12-17
    ➖
    ALLISON, Thomas Eardley resigned
    director
  49. 1991-12-17
    ➖
    ALLISON, Thomas Eardley resigned
    director
  50. 1991-12-17
    ➕
    LAWWELL, Peter Thomas appointed
    director
Showing most recent 50 of 70 events

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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

96/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 48 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

2 high · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2017-10-06

3 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2017-10-06: gazette-dissolved-liquidation; 2017-07-06: liquidation-voluntary-return-of-final-meeting-scotland

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

🔒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 · Holding company · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
852 TAXIS LTD.→
SC373037 · est 2010 · no financials extracted
————16y——
903 TAXIS LTD.→
SC313821 · est 2006 · no financials extracted
————19y——
981 TAXIS LTD.→
SC318180 · est 2007 · no financials extracted
————19y——
ADAM SMITH LIMITED→
SC116109 · est 1989 · no financials extracted
————37y——
AGENTS OF CHANGE (SCOTLAND) LIMITED→
SC753057 · est 2022 · no financials extracted
————3y——
ALDERWICK SERVICES LTD→
SC883883 · est 2026 · no financials extracted
———————
ALEX MAGEE LTD→
SC853578 · est 2025 · no financials extracted
———————
ALHAMA HOLDINGS LIMITED→
SC593255 · est 2018 · no financials extracted
————8y——
ALVA CONSULTING LIMITED→
SC353447 · est 2009 · no financials extracted
————17y——
ANDSTRAT (NO. 175) LIMITED→
SC256565 · est 2003 · no financials extracted
————22y——
ANNIELYTICS LIMITED→
SC495422 · est 2015 · no financials extracted
————11y——
ANNO 1939 (LICENCE) LIMITED→
SC709990 · est 2021 · no financials extracted
————4y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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

Statusdissolved
Typeltd
Incorporated1978-01-31
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

Ernst & Young Llp
Ten George Street
Edinburgh
EH2 2DZ

Filing status

Accounts
Next due: —
Last made up to: 2015-12-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 17 resigned)

MCMEEKIN, Alan Gordon→
secretary · appointed 2008-09-22
View their other companies + combined net worth →
Active
FITZGIBBON, Maurice Patrick→
director · ~72y · appointed 1992-10-01
View their other companies + combined net worth →
Active
MCLEISH, Frederick Best→
director · ~73y · appointed 1996-03-20
View their other companies + combined net worth →
Active
ARNOLD, Nicola Mhairi→
secretary · appointed 1999-12-23 · resigned 2008-09-22
Resigned
GOW, David George→
secretary · appointed 1990-10-10 · resigned 1992-07-24
Resigned
IRVINE, John Christopher→
secretary · appointed 1994-03-31 · resigned 1999-12-23
Resigned
LAWWELL, Peter Thomas→
secretary · resigned 1990-10-10
Resigned
WRIGHT, Peter John→
secretary · appointed 1992-07-24 · resigned 1994-03-31
Resigned
ALLISON, Thomas Eardley→
director · ~78y · appointed 1990-03-22 · resigned 1991-12-17
Resigned
ALLISON, Thomas Eardley→
director · ~78y · resigned 1991-12-17
Resigned
GLUNZ, Hans Olaf, Dr→
director · resigned 1991-01-21
Resigned
GLUNZ, Martin→
director · ~77y · resigned 1995-08-21
Resigned
KOHLER, Klaus→
director · ~83y · resigned 1997-03-13
Resigned
LAWWELL, Peter Thomas→
director · ~67y · appointed 1991-12-17 · resigned 1996-02-29
Resigned
STINSON, Thomas Gordon→
director · ~77y · appointed 2002-01-25 · resigned 2003-02-28
Resigned
STYR, Georg→
director · appointed 1988-10-10 · resigned 1991-12-17
Resigned
STYR, Georg→
director · ~86y · resigned 1991-12-17
Resigned
STYR, George→
director · ~76y · resigned 1991-12-17
Resigned
VIETEN, Klaus, Dr→
director · resigned 1989-12-13
Resigned
WORTBERG, Ernst→
director · ~82y · appointed 1993-09-01 · resigned 1995-08-21
Resigned

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

Mortgages & charges

7
Total charges
0
Outstanding
0
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
satisfied
Norddeutsche Landesbank
Standard security1 property19/12/198611/01/1993
satisfied
Industrial Creditbank
Standard security1 property19/12/198611/01/1993
satisfied
Berliner Bank Ag
Standard security1 property19/12/198611/01/1993
satisfied
Deutsche Bank Ag
Standard security1 property09/01/198611/01/1993
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property27/10/198213/05/1985
satisfied
Swiss Bank Corporation
Standard security1 property11/06/198017/01/1986
satisfied
Swiss Bank Corporation
Floating charge1 property06/06/198017/01/1986

Recent filings (140 total)

gazette-dissolved-liquidation
gazette · GAZ2
2017-10-06
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2017-07-06
resolution
resolution · RESOLUTIONS
2016-12-13
change-sail-address-company-with-new-address
address · AD02
2016-10-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-10-12
accounts-with-accounts-type-dormant
accounts · AA
2016-10-04
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-11-16
accounts-with-accounts-type-dormant
accounts · AA
2015-09-15
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-11-25
accounts-with-accounts-type-dormant
accounts · AA
2014-10-06
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-11-11
accounts-with-accounts-type-full
accounts · AA
2013-10-02
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-11-28
change-person-secretary-company-with-change-date
officers · CH03
2012-11-28
accounts-with-accounts-type-dormant
accounts · AA
2012-10-01