GLENALMOND TIMBER COMPANY LIMITED

🌳Matureactive
SC109190 · ltd · incorporated 1988-02-15
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 38.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: SIC 46730
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and acceptable with review structure.

Opportunity 83/100 (exceptional), bankability 65/100. 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. 2 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

4 live charges · 2 lenders · oldest 38.0y

50/100
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.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (73/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
112 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Average employees2000

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-07-12
    ➖
    STEELE, William resigned
    director
  6. 2022-07-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2021-12-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-10-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2021-10-04
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  10. 2021-02-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-08-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2019-08-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2019-08-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2019-08-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2019-08-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2019-08-28
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  18. 2019-08-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2019-08-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2015-11-13
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  21. 2013-08-27
    🔒
    Charge registered #3
    Lender: Rbs Invoice Finance Limited
  22. 2006-06-22
    ➕
    MCKAIG, Fiona appointed
    director
  23. 2004-08-06
    ➕
    MCKAIG, Fiona appointed
    secretary
  24. 2004-08-06
    ➖
    LAW, Winifred Jane resigned
    secretary
  25. 1997-08-07
    ➖
    MARTIN, David Peter resigned
    director
  26. 1993-02-22
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  27. 1991-11-29
    ➕
    CLELLAND, Martin appointed
    director
  28. 1991-11-29
    ➕
    MARTIN, David Peter appointed
    director
  29. 1988-04-13
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  30. 1988-02-15
    🏢
    Company incorporated
    As GLENALMOND TIMBER COMPANY LIMITED

Owner dependency

68/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

80/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 38 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%
NameSharesVoting rightsNature of controlNotified
Mr Fraser William Steele
Individual · British · DOB 09/1963 · age 63
75–100%
75–100%75-100% shares · 75-100% voting01/07/2016

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 →

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————5y——
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
Incorporated1988-02-15
Jurisdictionscotland
Primary SIC46730 — SIC 46730

Registered office

6 Atholl Crescent
Perth
PH1 5JN

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-09
Last: 2025-08-26

Officers (4 active · 3 resigned)

MCKAIG, Fiona→
secretary · appointed 2004-08-06
View their other companies + combined net worth →
Active
CLELLAND, Martin→
director · ~60y · appointed 1991-11-29
View their other companies + combined net worth →
Active
MCKAIG, Fiona→
director · ~64y · appointed 2006-06-22
View their other companies + combined net worth →
Active
STEELE, Fraser William→
director · ~63y
View their other companies + combined net worth →
Active
LAW, Winifred Jane→
secretary · resigned 2004-08-06
Resigned
MARTIN, David Peter→
director · ~67y · appointed 1991-11-29 · resigned 1997-08-07
Resigned
STEELE, William→
director · ~89y · resigned 2022-07-12
Resigned

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

Mortgages & charges

4
Total charges
4
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property13/11/2015—
outstanding
NatWest Group
Rbs Invoice Finance Limited
A registered charge1 property27/08/2013—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property22/02/1993—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property13/04/1988—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (112 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-26
termination-director-company-with-name-termination-date
officers · TM01
2022-07-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-09
change-person-director-company-with-change-date
officers · CH01
2021-10-04
change-person-secretary-company-with-change-date
officers · CH03
2021-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-14