ALLAN'S OF GILLOCK LIMITED

🌳Matureactive
SC099434 · ltd · incorporated 1986-06-05
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 38.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£9.14M
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Agents selling agricultural raw materials, live animals, textile raw materials and semi-finished goods
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 46130SIC 46130
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 79/100 (strong), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. 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 38.0y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 38.0 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 (77/100)

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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
99 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 declared
Positive net assets
Net assets £9,139,925
Cash YoY
+5%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2.8m
↑ 5.1% YoY
Net Worth
£9.1m
↑ 2.6% YoY
Current Assets
£8.3m
↑ 2.7% YoY
Current Liabilities
—
£0£1.8m£3.7m£5.5m£7.3m£9.1mFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Total assets£9.22M£8.96M
Current assets£8.29M£8.08M
Cash£2.76M£2.63M
Debtors£1.05M£905.9k
Net assets£9.14M£8.91M

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
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2023-12-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-08-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2021-08-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2021-08-02
    ➕
    ALLAN, Dorothy Rose appointed
    director
  11. 2021-08-02
    ➕
    POTTINGER, Grace Louise appointed
    director
  12. 2021-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-11-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2016-11-29
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  17. 2016-01-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2015-05-22
    ➕
    ALLAN, Scott John Alexander appointed
    secretary
  19. 2015-05-22
    ➖
    ALLAN, Margaret Catherine resigned
    secretary
  20. 2015-05-22
    ➖
    ALLAN, Margaret Catherine resigned
    director
  21. 1988-04-05
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  22. 1986-06-05
    🏢
    Company incorporated
    As ALLAN'S OF GILLOCK LIMITED

Owner dependency

88/100
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
  • +Founder name in company name: Company name contains director surname "ALLAN" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 84 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — ALLAN, Dorothy Rose (same surname) appointed 2021-08-02. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
  • secondaryStable-but-static management: Company is 40 years old and no new directors in the last 3 years — succession not yet being planned internally.

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
NameSharesVoting rightsNature of controlNotified
Mr Robert Farquhar Allan
Individual · British · DOB 08/1942 · age 84
50–75%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016

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

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
Incorporated1986-06-05
Jurisdictionscotland
Primary SIC46110 — Agents selling agricultural raw materials, live animals, textile raw materials and semi-finished goods

Registered office

Gillock Mains
Watten
Wick
Caithness
KW1 5UR

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-12-17
Last: 2025-12-03

Officers (4 active · 2 resigned)

ALLAN, Scott John Alexander→
secretary · appointed 2015-05-22
View their other companies + combined net worth →
Active
ALLAN, Dorothy Rose→
director · ~46y · appointed 2021-08-02
View their other companies + combined net worth →
Active
ALLAN, Robert Farquhar→
director · ~84y
View their other companies + combined net worth →
Active
POTTINGER, Grace Louise→
director · ~54y · appointed 2021-08-02
View their other companies + combined net worth →
Active
ALLAN, Margaret Catherine→
secretary · resigned 2015-05-22
Resigned
ALLAN, Margaret Catherine→
director · ~80y · resigned 2015-05-22
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property05/04/1988—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (99 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-26
appoint-person-director-company-with-name-date
officers · AP01
2021-08-11
appoint-person-director-company-with-name-date
officers · AP01
2021-08-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-25