GALEN PROPERTIES LTD

🌳Matureactive
SC283636 · ltd · incorporated 2005-04-21
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£64.1k
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle with exceptional profile and bankable structure.

Opportunity 83/100 (exceptional), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -51% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 21.0y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 21.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (71/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
10 officers (4 active, 10 linked, 6 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
72 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £64,060
Cash draining
Cash down 51% YoY
Cash YoY
-51%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£28k
↓ 51% YoY
Net Worth
£64k
↑ 203% YoY
Current Assets
£68k
↓ 57% YoY
Current Liabilities
—
-£62k-£18k£25k£69k£113k£157kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£64.1k£-62.3k
Current assets£68.1k£156.8k
Cash£28.1k£56.9k
Debtors£40.0k£99.9k
Net assets£64.1k£-62.3k

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 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-02-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-12-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2020-11-16
    ➖
    OVEREND, Stuart John resigned
    director
  9. 2019-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-12-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-12-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-05-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2016-01-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-05-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-12-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2013-11-28
    ➖
    MUNRO, Donald Hume resigned
    director
  18. 2012-05-01
    ➕
    OVEREND, Stuart John appointed
    director
  19. 2009-10-01
    ➖
    BAXTER, Anthony resigned
    secretary
  20. 2009-09-10
    🔓
    Charge satisfied #1
  21. 2008-04-01
    ➕
    MUNRO, Donald Hume appointed
    director
  22. 2006-02-01
    ➕
    BAXTER, Anthony appointed
    secretary
  23. 2006-01-31
    ➖
    LINTS, Simon Philip resigned
    secretary
  24. 2005-06-02
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  25. 2005-04-21
    🏢
    Company incorporated
    As GALEN PROPERTIES LTD
  26. 2005-04-21
    ➕
    JANION, Claire Margaret appointed
    director
  27. 2005-04-21
    ➕
    MUNRO, Gail Mhari Hume appointed
    director
  28. 2005-04-21
    ➕
    MUNRO, Kirsten Alexandra appointed
    director
  29. 2005-04-21
    ➕
    STEWART, Amanda Jane appointed
    director
  30. 2005-04-21
    ➕
    LINTS, Simon Philip appointed
    secretary
  31. 2005-04-21
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  32. 2005-04-21
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  33. 2005-04-21
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  34. 2005-04-21
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

Owner dependency

66/100
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 21 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • 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

6 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
Incorporated2005-04-21
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

3 Young Place
Kelvin Industrial Estate, East Kilbride
Glasgow
G75 0TD

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-29
Last: 2026-04-15

Officers (4 active · 6 resigned)

JANION, Claire Margaret→
director · ~62y · appointed 2005-04-21
View their other companies + combined net worth →
Active
MUNRO, Gail Mhari Hume→
director · ~56y · appointed 2005-04-21
View their other companies + combined net worth →
Active
MUNRO, Kirsten Alexandra→
director · ~54y · appointed 2005-04-21
View their other companies + combined net worth →
Active
STEWART, Amanda Jane→
director · ~61y · appointed 2005-04-21
View their other companies + combined net worth →
Active
BAXTER, Anthony→
secretary · appointed 2006-02-01 · resigned 2009-10-01
Resigned
LINTS, Simon Philip→
secretary · appointed 2005-04-21 · resigned 2006-01-31
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2005-04-21 · resigned 2005-04-21
Resigned
MUNRO, Donald Hume→
director · ~90y · appointed 2008-04-01 · resigned 2013-11-28
Resigned
OVEREND, Stuart John→
director · ~56y · appointed 2012-05-01 · resigned 2020-11-16
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2005-04-21 · resigned 2005-04-21
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property02/06/200510/09/2009

Recent filings (72 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-19
termination-director-company-with-name-termination-date
officers · TM01
2020-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-23