GLYCOMAR LIMITED

🌳Matureactive
SC279835 · ltd · incorporated 2005-02-11
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 15.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Active trading company with a 79-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 79). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 15.8y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 15.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (75/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
13 officers (2 active, 13 linked, 8 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
17 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
82/100Exceptional
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
80
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees1100

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 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
  1. 2025-12-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-08-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-11-29
    📄
    mortgage-charge-whole-release-with-charge-number
    mortgage · MR05
  7. 2021-04-15
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2021-03-31
    ➖
    BRODIES SECRETARIAL SERVICES LIMITED resigned
    corporate-secretary
  9. 2020-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-02-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2020-02-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2019-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-11-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2018-07-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-06-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2018-06-14
    ➖
    SALVESEN, Alastair Eric Hotson resigned
    director
  17. 2018-01-15
    ➖
    BAVINGTON, Charles Daniel resigned
    director
  18. 2018-01-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2017-07-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2016-08-25
    ➕
    SALVESEN, Alastair Eric Hotson appointed
    director
  21. 2016-05-12
    🔒
    Charge registered #2
    Lender: Highlands and Islands Enterprise
  22. 2016-02-29
    🔓
    Charge satisfied #1
  23. 2010-12-31
    ➖
    HOY, Bradley Richard resigned
    director
  24. 2010-08-09
    🔒
    Charge registered #1
    Lender: Rbs Invoice Finance Limited
  25. 2009-12-01
    ➕
    WHITEHEAD, John Stephen appointed
    director
  26. 2009-08-17
    ➖
    BECKWITH, Jason, Dr resigned
    director
  27. 2008-07-29
    ➖
    CRAWFORD, Moya Maria resigned
    director
  28. 2008-07-29
    ➕
    HOY, Bradley Richard appointed
    director
  29. 2008-03-31
    ➕
    BRODIES SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary
  30. 2008-03-31
    ➖
    MBM SECRETARIAL SERVICES LIMITED resigned
    corporate-secretary
  31. 2007-12-18
    ➖
    SHIMMIELD, Graham Barry, Professor resigned
    director
  32. 2007-11-01
    ➕
    BECKWITH, Jason, Dr appointed
    director
  33. 2007-07-26
    ➕
    WYLLIE, Michael Grant, Professor appointed
    director
  34. 2007-07-26
    ➖
    BAVINGTON, Gillian Frances resigned
    secretary
  35. 2007-07-26
    ➕
    MBM SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary
  36. 2005-05-26
    ➕
    CRAWFORD, Moya Maria appointed
    director
  37. 2005-05-26
    ➕
    SHIMMIELD, Graham Barry, Professor appointed
    director
  38. 2005-02-11
    🏢
    Company incorporated
    As GLYCOMAR LIMITED
  39. 2005-02-11
    ➕
    BAVINGTON, Gillian Frances appointed
    secretary
  40. 2005-02-11
    ➕
    YORK PLACE COMPANY SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  41. 2005-02-11
    ➖
    YORK PLACE COMPANY SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  42. 2005-02-11
    ➕
    BAVINGTON, Charles Daniel appointed
    director
  43. 2005-02-11
    ➕
    YORK PLACE COMPANY NOMINEES LIMITED appointed
    corporate-nominee-director
  44. 2005-02-11
    ➖
    YORK PLACE COMPANY NOMINEES LIMITED resigned
    corporate-nominee-director

Owner dependency

83/100
Critical — business is the founder

The 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 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

89/100
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.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 21 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.)
🔒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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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
Incorporated2005-02-11
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

The Moorings Suite 7 Malin House The European Marine Science Park
Dunbeg
Oban
PA37 1SZ
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-25
Last: 2026-02-11

Officers (2 active · 11 resigned)

WHITEHEAD, John Stephen→
director · ~79y · appointed 2009-12-01
View their other companies + combined net worth →
Active
WYLLIE, Michael Grant, Professor→
director · ~75y · appointed 2007-07-26
View their other companies + combined net worth →
Active
BAVINGTON, Gillian Frances→
secretary · appointed 2005-02-11 · resigned 2007-07-26
Resigned
BRODIES SECRETARIAL SERVICES LIMITED→
corporate-secretary · appointed 2008-03-31 · resigned 2021-03-31
Resigned
MBM SECRETARIAL SERVICES LIMITED→
corporate-secretary · appointed 2007-07-26 · resigned 2008-03-31
Resigned
YORK PLACE COMPANY SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2005-02-11 · resigned 2005-02-11
Resigned
BAVINGTON, Charles Daniel→
director · ~56y · appointed 2005-02-11 · resigned 2018-01-15
Resigned
BECKWITH, Jason, Dr→
director · ~56y · appointed 2007-11-01 · resigned 2009-08-17
Resigned
CRAWFORD, Moya Maria→
director · ~68y · appointed 2005-05-26 · resigned 2008-07-29
Resigned
HOY, Bradley Richard→
director · ~64y · appointed 2008-07-29 · resigned 2010-12-31
Resigned
SALVESEN, Alastair Eric Hotson→
director · ~85y · appointed 2016-08-25 · resigned 2018-06-14
Resigned
SHIMMIELD, Graham Barry, Professor→
director · ~68y · appointed 2005-05-26 · resigned 2007-12-18
Resigned
YORK PLACE COMPANY NOMINEES LIMITED→
corporate-nominee-director · appointed 2005-02-11 · resigned 2005-02-11
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Highlands and Islands Enterprise
A registered charge—12/05/2016—
satisfied
NatWest Group
Rbs Invoice Finance Limited
Floating charge1 property09/08/201029/02/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (136 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-02
mortgage-charge-whole-release-with-charge-number
mortgage · MR05
2021-11-29
termination-secretary-company-with-name-termination-date
officers · TM02
2021-04-15
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-30
change-person-director-company-with-change-date
officers · CH01
2020-02-12