GAS EDUCATIONAL TRAINING (GLASGOW) LTD
⚰️Wound downdissolved
SC168032 · ltd · incorporated 1996-09-03
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
58/100
Worth a look
What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 58/100 (worth a look), bankability 52/100. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
6 live charges · 4 lenders · oldest 7.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 7.7 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
23 officers (4 active, 23 linked, 16 with DOB)
84
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
136 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
20
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
64
Some moderate concerns — review flags.
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 (72 events)Click to expand
- 2023-02-28📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2023-02-28🏁Company dissolved
- 2022-12-13📄gazette-notice-voluntarygazette · GAZ1(A)
- 2022-12-06📄dissolution-application-strike-off-companydissolution · DS01
- 2022-07-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-07-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-11-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-23📄legacyaccounts · PARENT_ACC
- 2021-11-23📄legacyother · AGREEMENT2
- 2021-11-23📄legacyother · GUARANTEE2
- 2021-09-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-09-15🔓Charge satisfied #1
- 2021-02-02📄legacyaccounts · PARENT_ACC
- 2021-02-02📄legacyother · AGREEMENT2
- 2021-01-25📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2021-01-25📄legacyother · GUARANTEE2
- 2020-02-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2020-02-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-11-13📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2019-11-13📄legacyaccounts · PARENT_ACC
- 2019-11-13📄legacyother · AGREEMENT2
- 2019-11-13📄legacyother · GUARANTEE2
- 2019-09-11📄legacymiscellaneous · RP04CS01
- 2018-09-01➕BYRNE, Alan Michael appointeddirector
- 2018-09-01➕DONNELLY, Michael appointeddirector
- 2018-08-29🔒Charge registered #5Lender: Shaun Maclean
- 2018-08-29🔒Charge registered #4Lender: Martin Holmes
- 2018-08-29🔒Charge registered #3Lender: Shaun Maclean
- 2018-08-29🔒Charge registered #2Lender: Martin Holmes
- 2018-08-29🔒Charge registered #1Lender: Michael Donnelly and Mary Donnelly
- 2018-08-28➖DONNELLY, Mary Josephine resignedsecretary
- 2018-08-28➖DONNELLY, Mary Josephine resigneddirector
- 2018-08-28➖DONNELLY, Michael resigneddirector
- 2018-08-23➕HOLMES, Martin David appointeddirector
- 2018-08-23➕MACLEAN, Shaun appointeddirector
- 2018-08-23🔒Charge registered #6Lender: Igf Invoice Finance Limited
- 2010-07-26➕DONNELLY, Mary Josephine appointedsecretary
- 2010-07-26➕DONNELLY, Mary Josephine appointeddirector
- 2010-07-26➕DONNELLY, Michael appointeddirector
- 2010-07-26➖MACLEAN, Shaun Michael David resigneddirector
- 2010-05-28➖JOHNSTONE, Lee resignedsecretary
- 2010-05-28➖CATCHPOLE, Andrew Phillip resigneddirector
- 2010-05-28➖LIGHTOWLERS, Oliver James resigneddirector
- 2010-05-28➕MACLEAN, Shaun Michael David appointeddirector
- 2010-05-27➕JOHNSTONE, Lee appointedsecretary
- 2010-05-27➖MORTON, Julia Alison resignedsecretary
- 2010-05-27➕LIGHTOWLERS, Oliver James appointeddirector
- 2010-04-20➕CATCHPOLE, Andrew Phillip appointeddirector
- 2010-02-08➖RIGBY, William Simon resigneddirector
- 2009-09-14➖JOHNSTONE, Lee resignedsecretary
Showing most recent 50 of 72 events
Owner dependency
55/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- secondaryStable-but-static management: Company is 30 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high · 1 lowCompany dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2023-02-28
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Duality Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Duality Group Limited
Corporate parent · holds 75-100% shares
⬇
GAS EDUCATIONAL TRAINING (GLASGOW) LTD
This company · SC168032
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Duality Group Limited Corporate entity | 75–100% | — | 75-100% shares | 31/03/2022 |
4 historic (ceased) PSCs
- Mima Enterprises (Uk) Limitedceased 31/03/2022· 75-100% shares · 75-100% voting · board control
- Duality Group Limitedceased 28/08/2018· 75-100% shares · 75-100% voting · board control
- Mima Enterprises (Uk) Limitedceased 28/08/2018· 75-100% shares · 75-100% voting
- Mr Michael Donnellyceased 28/08/2018· 75-100% shares
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 · Construction · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ACRES DEVELOPMENT & CONSTRUCTION SERVICES LTD→ SC823444 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADM 2010 LTD→ SC388883 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ADR FENCING SCOTLAND LTD→ SC818113 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AFFORDABLE TRADERS LIMITED→ SC846664 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AGR RENDERING LIMITED→ SC729670 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AHM WEALTH LTD→ SC710173 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AHMAD GAS SERVICING LTD→ SC881895 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AIBSCOTLAND LTD→ SC873730 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AIM BUILDING AND MAINTENANCE SERVICES LIMITED→ SC666380 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AIMO LTD→ SC856848 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AIRE-SALES SCOTLAND LIMITED→ SC110291 · est 1988 · no financials extracted | — | — | — | — | 38y | — | — |
| AIROLOGY SYSTEMS LIMITED→ SC166192 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1996-09-03
Jurisdictionscotland
Primary SIC43999 — Other specialised construction activities n.e.c.
Registered office
2 Queenslie Court
Summerlee Street
Glasgow
G33 4DB
Filing status
Accounts
Next due: —
Last made up to: 2021-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 19 resigned)
BYRNE, Alan Michael→
Activedirector · ~60y · appointed 2018-09-01
View their other companies + combined net worth →
DONNELLY, Michael→
Activedirector · ~69y · appointed 2018-09-01
View their other companies + combined net worth →
HOLMES, Martin David→
Activedirector · ~60y · appointed 2018-08-23
View their other companies + combined net worth →
MACLEAN, Shaun→
Activedirector · ~56y · appointed 2018-08-23
View their other companies + combined net worth →
DONNELLY, Mary Josephine→
Resignedsecretary · appointed 2010-07-26 · resigned 2018-08-28
JOHNSTONE, Lee→
Resignedsecretary · appointed 2010-05-27 · resigned 2010-05-28
JOHNSTONE, Lee→
Resignedsecretary · appointed 2007-12-11 · resigned 2009-09-14
MACLEAN, Jacqueline→
Resignedsecretary · appointed 1996-09-03 · resigned 2000-01-15
MACLEAN, Terence Patrick→
Resignedsecretary · appointed 2001-03-01 · resigned 2007-12-11
MORTON, Julia Alison→
Resignedsecretary · appointed 2009-09-14 · resigned 2010-05-27
REID, Brian→
Resignednominee-secretary · appointed 1996-09-03 · resigned 1996-09-03
CATCHPOLE, Andrew Phillip→
Resigneddirector · ~78y · appointed 2010-04-20 · resigned 2010-05-28
DONNELLY, Mary Josephine→
Resigneddirector · ~63y · appointed 2010-07-26 · resigned 2018-08-28
DONNELLY, Michael→
Resigneddirector · ~69y · appointed 2010-07-26 · resigned 2018-08-28
DONNELLY, Michael→
Resigneddirector · ~69y · appointed 2000-11-11 · resigned 2009-09-01
LEACH, William Anthony→
Resigneddirector · ~64y · appointed 2007-12-11 · resigned 2008-11-03
LEWIS, Gerard Mark→
Resigneddirector · ~61y · appointed 2007-12-11 · resigned 2008-07-08
LIGHTOWLERS, Oliver James→
Resigneddirector · ~54y · appointed 2010-05-27 · resigned 2010-05-28
MABBOTT, Stephen→
Resignednominee-director · ~76y · appointed 1996-09-03 · resigned 1996-09-03
MACLEAN, Kenneth John→
Resigneddirector · ~80y · appointed 2001-10-01 · resigned 2007-12-11
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
5
Outstanding
3
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Shaun Maclean | A registered charge | — | 29/08/2018 | — | |
| outstanding | Martin Holmes | A registered charge | — | 29/08/2018 | — | |
| outstanding | Shaun Maclean | A registered charge | — | 29/08/2018 | — | |
| outstanding | Martin Holmes | A registered charge | — | 29/08/2018 | — | |
| satisfied | Michael Donnelly and Mary Donnelly | A registered charge | — | 29/08/2018 | 15/09/2021 | |
| outstanding | Igf Invoice Finance Igf Invoice Finance Limited | A registered charge | — | 23/08/2018 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (136 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2023-02-28
gazette-notice-voluntary
gazette · GAZ1(A)
2022-12-13
dissolution-application-strike-off-company
dissolution · DS01
2022-12-06
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-07-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-23
legacy
accounts · PARENT_ACC
2021-11-23
legacy
other · AGREEMENT2
2021-11-23
legacy
other · GUARANTEE2
2021-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-20
mortgage-satisfy-charge-full
mortgage · MR04
2021-09-15
legacy
accounts · PARENT_ACC
2021-02-02
legacy
other · AGREEMENT2
2021-02-02
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2021-01-25