GLENAMMER SIEVES LIMITED
🌳Matureactive
SC186233 · ltd · incorporated 1998-05-28
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£504.2k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
PursueActive trading company with a 78-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 78). Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
10 live charges · 5 lenders · oldest 17.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 17.1 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (70/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 3 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
83 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £504,151
Cash YoY
+88%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£58k
↑ 88% YoY
Net Worth
£504k
↑ 17% YoY
Current Assets
£480k
↑ 22% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £571.0k | £544.9k |
| Current assets | £480.4k | £393.8k |
| Cash | £57.7k | £30.7k |
| Debtors | £334.7k | £253.4k |
| Net assets | £504.2k | £431.3k |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
- 2026-02-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-10-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-02🔒Charge registered #10Lender: Clydesdale Bank PLC
- 2025-07-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-12🔒Charge registered #9Lender: Clydesdale Bank PLC
- 2025-02-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-08🔒Charge registered #8Lender: Clydesdale Bank PLC (Trading as Virgin Money)
- 2024-05-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-15🔓Charge satisfied #5
- 2024-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-29✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2019-10-29📄resolutionresolution · RESOLUTIONS
- 2019-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-08-07🔒Charge registered #7Lender: Clydesdale Bank PLC
- 2018-05-30📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2018-05-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-05-25🔒Charge registered #6Lender: Business Loans Scotland
- 2018-05-24🔓Charge satisfied #4
- 2018-05-24🔓Charge satisfied #1
- 2018-05-02🔒Charge registered #5Lender: Business Loans Scotland
- 2016-12-15➕WALLIS, Claire Leonie appointeddirector
- 2014-05-05🔒Charge registered #4Lender: West of Scotland Loan Fund
- 2014-05-05🔒Charge registered #3Lender: Clydesdale Bank PLC
- 2014-02-18🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2009-03-13🔒Charge registered #1Lender: West of Scotland Loan Fund Limited
- 1998-05-28🏢Company incorporatedAs GLENAMMER SIEVES LIMITED
- 1998-05-28➕MATTHEWS, Allen appointedsecretary
- 1998-05-28➕MATTHEWS, Allen appointeddirector
- 1998-05-28➕MATTHEWS, Ann appointeddirector
- 1998-05-28➕PARAMOUNT COMPANY SEARCHES LIMITED appointedcorporate-nominee-secretary
- 1998-05-28➖PARAMOUNT COMPANY SEARCHES LIMITED resignedcorporate-nominee-secretary
- 1998-05-28➕PARAMOUNT PROPERTIES (UK) LIMITED appointedcorporate-nominee-director
- 1998-05-28➖PARAMOUNT PROPERTIES (UK) LIMITED resignedcorporate-nominee-director
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 78 — 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 candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 28 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
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
🔒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 · Manufacturing · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| IS459 CERAMICS LTD→ SC839879 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| IWM ELECTRICAL LIMITED→ SC660661 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| JHD FABRICATIONS LIMITED→ SC580089 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| JNG DESIGNS LTD→ SC311107 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| KB AERO TECH LTD.→ SC496896 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| KLEBOE CONTRACTS LTD→ SC772750 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LMC MACHINING LTD→ SC799300 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| MACMINIACS LTD→ SC838882 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| MARK ALLEN AVIATION LTD→ SC586714 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| MARTIN & SONS ELECTRICAL LTD→ SC803771 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| MAXXFLOW LTD→ SC832853 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MCNEEAVIATION LIMITED→ SC817172 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Statusactive
Typeltd
Incorporated1998-05-28
Jurisdictionscotland
Primary SIC32990 — Other manufacturing n.e.c.
Registered office
Unit 3, 62 Viewfield Road
Ayr
KA8 8HH
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-10
Last: 2025-05-27
Officers (4 active · 2 resigned)
Active
MATTHEWS, Allen→
Activedirector · ~78y · appointed 1998-05-28
View their other companies + combined net worth →
MATTHEWS, Ann→
Activedirector · ~76y · appointed 1998-05-28
View their other companies + combined net worth →
WALLIS, Claire Leonie→
Activedirector · ~51y · appointed 2016-12-15
View their other companies + combined net worth →
PARAMOUNT COMPANY SEARCHES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1998-05-28 · resigned 1998-05-28
PARAMOUNT PROPERTIES (UK) LIMITED→
Resignedcorporate-nominee-director · appointed 1998-05-28 · resigned 1998-05-28
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
7
Outstanding
2
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 02/10/2025 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 12/07/2025 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Virgin Money) | A registered charge | 1 property | 08/11/2024 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 07/08/2018 | — | |
| outstanding | Business Loans Scotland | A registered charge | 1 property | 25/05/2018 | — | |
| satisfied | Business Loans Scotland | A registered charge | — | 02/05/2018 | 15/05/2024 | |
| satisfied | West of Scotland Loan Fund | A registered charge | 1 property | 05/05/2014 | 24/05/2018 | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 05/05/2014 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 18/02/2014 | — | |
| satisfied | West of Scotland Loan Fund West of Scotland Loan Fund Limited | Bond & floating charge | 1 property | 13/03/2009 | 24/05/2018 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (83 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-02
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-26