GLENTHISTLE DEVELOPMENTS LIMITED
⚰️Wound downdissolved
SC267259 · ltd · incorporated 2004-04-29
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 21.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
56/100
Worth a look
What this business does
Primary activity: SIC 7011
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 56/100 (worth a look), bankability 80/100. Strong seller-intent signal (88/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
7 live charges · 2 lenders · oldest 21.9y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 21.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 20/100 — clean.
Data confidence
Overall: low (52/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
16 officers (3 active, 16 linked, 12 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
13 connected companies via shared directors
84
Filing history
87 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
56/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
41
Multiple red flags — proceed with caution.
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 (70 events)Click to expand
- 2012-08-17📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2012-08-17🏁Company dissolved
- 2012-07-03📄legacymortgage · MG02s
- 2012-07-03📄legacymortgage · MG02s
- 2012-07-03📄legacymortgage · MG03s
- 2012-07-03📄legacymortgage · MG03s
- 2012-07-03📄legacymortgage · MG03s
- 2012-07-03📄legacymortgage · MG03s
- 2012-07-03📄legacymortgage · MG03s
- 2012-07-03🔓Charge satisfied #7
- 2012-07-03🔓Charge satisfied #6
- 2012-07-03🔓Charge satisfied #5
- 2012-07-03🔓Charge satisfied #4
- 2012-07-03🔓Charge satisfied #3
- 2012-07-03🔓Charge satisfied #2
- 2012-07-03🔓Charge satisfied #1
- 2012-04-27📄gazette-notice-voluntarygazette · GAZ1(A)
- 2012-04-13📄dissolution-application-strike-off-companydissolution · DS01
- 2012-02-15📄resolutionresolution · RESOLUTIONS
- 2011-11-28📄legacycapital · SH20
- 2011-11-28📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2011-11-28⚠️legacyinsolvency · CAP-SS
- 2011-11-28📄resolutionresolution · RESOLUTIONS
- 2011-09-30📄accounts-with-accounts-type-fullaccounts · AA
- 2011-05-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-07-23📄termination-director-company-with-nameofficers · TM01
- 2010-07-21📄accounts-with-accounts-type-fullaccounts · AA
- 2010-07-15➖GAFFNEY, David resigneddirector
- 2010-06-17📄appoint-person-director-company-with-nameofficers · AP01
- 2010-06-16📄appoint-person-director-company-with-nameofficers · AP01
- 2010-06-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-06-01➕FITZSIMMONS, Neil appointeddirector
- 2010-06-01➕LEWIS, Colin Edward appointeddirector
- 2010-02-02📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-01-29📄change-person-director-company-with-change-dateofficers · CH01
- 2009-12-22📄termination-director-company-with-nameofficers · TM01
- 2009-12-17➕MASSEY, Joanne Elizabeth appointedsecretary
- 2009-12-17➖JOHNSON, Robin Simon resignedsecretary
- 2009-12-17➖LAVELLE, Dominic Joseph resigneddirector
- 2009-09-01🔒Charge registered #7Lender: Bank of Scotland PLC
- 2009-09-01🔒Charge registered #6Lender: Bank of Scotland PLC
- 2009-09-01🔒Charge registered #5Lender: Bank of Scotland PLC
- 2009-03-24➕JOHNSON, Robin Simon appointedsecretary
- 2009-03-09➖GANDHI, Devendra resignedsecretary
- 2009-03-09➖DIPRE, John Vivian resigneddirector
- 2009-03-09➖DIPRE, Remo resigneddirector
- 2009-03-09➖GANDHI, Devendra resigneddirector
- 2009-03-09➕LAVELLE, Dominic Joseph appointeddirector
- 2008-12-30🔒Charge registered #4Lender: Bank of Scotland PLC
- 2008-12-30🔒Charge registered #3Lender: Bank of Scotland PLC
Showing most recent 50 of 70 events
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 70 — succession pressure is live.
Succession & seller-readiness
89/100
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 70 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 22 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
2 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2012-08-17
1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2011-11-28: legacy
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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 · Professional services · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ABERDEE LIMITED→ SC867678 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACCOUNTANCY BUSINESS SERVICES LTD→ SC884450 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADDCONVERT LTD→ SC878716 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AERORA LIMITED→ SC814311 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AERYTHM ENERGY LIMITED→ SC865464 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AFELATAY LTD→ SC759225 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AFRICAN LAKES COMPANY LIMITED→ SC463944 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| AKKOUNTED LIMITED→ SC622331 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AL & ROO EVENTS LTD→ SC834234 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALLAN SINCLAIR LIMITED→ SC419412 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| ALMONDVALE ACCOUNTANCY LTD→ SC343655 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ALTTITUDE (2005) LIMITED→ SC292423 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
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
Incorporated2004-04-29
Jurisdictionscotland
Primary SIC7011 — SIC 7011
Registered office
Regency House
Crossgates Road, Halbeath
Dunfermline, Fife
KY11 7EG
United Kingdom
Filing status
Accounts
Next due: —
Last made up to: 2010-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 13 resigned)
MASSEY, Joanne Elizabeth→
Activesecretary · appointed 2009-12-17
View their other companies + combined net worth →
FITZSIMMONS, Neil→
Activedirector · ~67y · appointed 2010-06-01
View their other companies + combined net worth →
LEWIS, Colin Edward→
Activedirector · ~70y · appointed 2010-06-01
View their other companies + combined net worth →
BROWN, Stewart David→
Resignednominee-secretary · appointed 2004-04-29 · resigned 2004-05-13
GANDHI, Devendra→
Resignedsecretary · appointed 2004-05-13 · resigned 2009-03-09
JOHNSON, Robin Simon→
Resignedsecretary · appointed 2009-03-24 · resigned 2009-12-17
BROWN, Stewart David→
Resignednominee-director · ~53y · appointed 2004-04-29 · resigned 2004-05-13
DI CIACCA, Cesidio Martin→
Resigneddirector · ~72y · appointed 2004-05-01 · resigned 2005-02-22
DIPRE, John Vivian→
Resigneddirector · ~66y · appointed 2005-11-17 · resigned 2009-03-09
DIPRE, Remo→
Resigneddirector · ~92y · appointed 2004-05-13 · resigned 2009-03-09
FOWLIE, Frank Alexander→
Resignednominee-director · ~50y · appointed 2004-04-29 · resigned 2004-05-13
GAFFNEY, David→
Resigneddirector · ~59y · appointed 2004-05-13 · resigned 2010-07-15
GANDHI, Devendra→
Resigneddirector · ~67y · appointed 2004-05-13 · resigned 2009-03-09
LAVELLE, Dominic Joseph→
Resigneddirector · ~63y · appointed 2009-03-09 · resigned 2009-12-17
MCBRIDE, Stephen Paul→
Resigneddirector · ~69y · appointed 2004-05-13 · resigned 2005-02-22
MCCABE, Kevin Charles→
Resigneddirector · ~78y · appointed 2004-05-13 · resigned 2005-02-22
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
0
Outstanding
0
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Security agreement | 1 property | 01/09/2009 | 03/07/2012 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Shares pledge | 1 property | 01/09/2009 | 03/07/2012 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Floating charge | 1 property | 01/09/2009 | 03/07/2012 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Share pledge | 1 property | 30/12/2008 | 03/07/2012 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Debenture | 1 property | 30/12/2008 | 03/07/2012 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Floating charge | 1 property | 30/12/2008 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 13/05/2004 | 03/07/2012 |
Recent filings (87 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2012-08-17
legacy
mortgage · MG02s
2012-07-03
legacy
mortgage · MG02s
2012-07-03
legacy
mortgage · MG03s
2012-07-03
legacy
mortgage · MG03s
2012-07-03
legacy
mortgage · MG03s
2012-07-03
legacy
mortgage · MG03s
2012-07-03
legacy
mortgage · MG03s
2012-07-03
gazette-notice-voluntary
gazette · GAZ1(A)
2012-04-27
dissolution-application-strike-off-company
dissolution · DS01
2012-04-13
resolution
resolution · RESOLUTIONS
2012-02-15
legacy
capital · SH20
2011-11-28
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2011-11-28
legacy
insolvency · CAP-SS
2011-11-28
resolution
resolution · RESOLUTIONS
2011-11-28