GLENEARN FLOORING OF PERTH LIMITED

🌳Matureactive
SC151685 · ltd · incorporated 1994-06-29
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 29.1y 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: Wholesale of household goods (other than musical instruments) n.e.c.
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47599Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores
Investor take
Pursue
Active trading company with a 79-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 79). 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 29.1y

65/100
clean up first

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

  • · Oldest live charge is 29.1 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
9 officers (4 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
103 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

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Average employees10001200

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
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-08-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2023-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-05-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2022-05-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2022-04-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2022-02-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-08-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2020-11-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-10-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-09-20
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2018-06-30
    ➖
    CCW SECRETARIES LIMITED resigned
    corporate-secretary
  16. 2017-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-07-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  18. 2013-04-01
    ➕
    EWING, George David Mcalpine appointed
    director
  19. 2013-04-01
    ➕
    EWING MURRAY, Jane appointed
    director
  20. 1998-07-16
    ➕
    CCW SECRETARIES LIMITED appointed
    corporate-secretary
  21. 1998-07-16
    ➖
    PAGAN MACBETH resigned
    corporate-secretary
  22. 1997-05-01
    ➕
    EWING, Jean Hendry Wallace Mcalpine appointed
    director
  23. 1997-05-01
    ➖
    STUART, George resigned
    director
  24. 1997-03-06
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  25. 1995-02-17
    ➕
    PAGAN MACBETH appointed
    corporate-secretary
  26. 1994-06-29
    🏢
    Company incorporated
    As GLENEARN FLOORING OF PERTH LIMITED
  27. 1994-06-29
    ➕
    EWING, George appointed
    director
  28. 1994-06-29
    ➕
    REID, Brian appointed
    nominee-secretary
  29. 1994-06-29
    ➖
    REID, Brian resigned
    nominee-secretary
  30. 1994-06-29
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  31. 1994-06-29
    ➖
    MABBOTT, Stephen resigned
    nominee-director
  32. 1994-06-29
    ➕
    STUART, George appointed
    director

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
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 79 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 32 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
NameSharesVoting rightsNature of controlNotified
Mrs Jane Murray
Individual · British · DOB 02/1974 · age 52
——sig. influencesignificant influence09/08/2021
2 historic (ceased) PSCs
  • Mr George Ewingceased 01/06/2021· 50-75% shares · 50-75% voting
  • Mrs Jean Hendry Wallace Mcalphine Ewingceased 01/06/2021· 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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——3134y8365y
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———20y8393y
ASI BRANDS LIMITED→
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———200038y8364y
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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
Incorporated1994-06-29
Jurisdictionscotland
Primary SIC46499 — Wholesale of household goods (other than musical instruments) n.e.c.

Registered office

3 Hunterhall Place
Glencarse
Perth
PH2 7TZ
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-13
Last: 2025-06-29

Officers (4 active · 5 resigned)

EWING, George David Mcalpine→
director · ~55y · appointed 2013-04-01
View their other companies + combined net worth →
Active
EWING, George→
director · ~79y · appointed 1994-06-29
View their other companies + combined net worth →
Active
EWING, Jean Hendry Wallace Mcalpine→
director · ~77y · appointed 1997-05-01
View their other companies + combined net worth →
Active
EWING MURRAY, Jane→
director · ~52y · appointed 2013-04-01
View their other companies + combined net worth →
Active
REID, Brian→
nominee-secretary · appointed 1994-06-29 · resigned 1994-06-29
Resigned
CCW SECRETARIES LIMITED→
corporate-secretary · appointed 1998-07-16 · resigned 2018-06-30
Resigned
PAGAN MACBETH→
corporate-secretary · appointed 1995-02-17 · resigned 1998-07-16
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1994-06-29 · resigned 1994-06-29
Resigned
STUART, George→
director · ~79y · appointed 1994-06-29 · resigned 1997-05-01
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 Royal Bank of Scotland PLC
Bond & floating charge1 property06/03/1997—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (103 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-05-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-05-10
change-person-director-company-with-change-date
officers · CH01
2022-04-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-08-09
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-09