W GLEN LIMITED

💤Zombieactive
SC285456 · ltd · incorporated 2005-05-27
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Growing of cereals (except rice), leguminous crops and oil seeds
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 3.8y

35/100
under pressure

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

  • · Charge age ~3.8 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
64 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
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
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 · accounting standard unknown
Metric2025-03-312024-03-31
Average employees53003600

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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 (28 events)Click to expand
  1. 2026-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-01-25
    📄
    capital-alter-shares-redemption-statement-of-capital
    capital · SH02
  5. 2024-01-17
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2024-01-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  7. 2024-01-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-01-17
    📄
    capital-allotment-shares
    capital · SH01
  9. 2023-12-28
    📄
    capital-alter-shares-subdivision
    capital · SH02
  10. 2023-12-28
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  11. 2023-12-18
    📄
    memorandum-articles
    incorporation · MA
  12. 2023-12-18
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2022-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-08-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2022-08-08
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  16. 2021-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-12-18
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  20. 2011-08-27
    ARNOT, Karen Baillie appointed
    director
  21. 2011-08-27
    ARNOT, David Graham resigned
    director
  22. 2005-05-27
    🏢
    Company incorporated
    As W GLEN LIMITED
  23. 2005-05-27
    ARNOT, Karen appointed
    secretary
  24. 2005-05-27
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  25. 2005-05-27
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  26. 2005-05-27
    ARNOT, David Graham appointed
    director
  27. 2005-05-27
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  28. 2005-05-27
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 15 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.)

Group structure

Smartpack Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Smartpack Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
W GLEN LIMITED
This company · SC285456

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Smartpack Limited
Corporate entity
75100%
board control75-100% shares · board control15/12/2023
Mrs Karen Baillie Arnot
Individual · British · DOB 10/1969 · age 57
75–100%75-100% voting06/04/2016

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 →

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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
Incorporated2005-05-27
Jurisdictionscotland
Primary SIC01110 — Growing of cereals (except rice), leguminous crops and oil seeds

Registered office

Mains Of Errol
Errol
Perthshire
PH2 7TE

Filing status

Accounts
Next due: 2026-12-30
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-06
Last: 2025-05-23

Officers (2 active · 3 resigned)

ARNOT, Karen
secretary · appointed 2005-05-27
View their other companies + combined net worth →
Active
ARNOT, Karen Baillie
director · ~57y · appointed 2011-08-27
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2005-05-27 · resigned 2005-05-27
Resigned
ARNOT, David Graham
director · ~64y · appointed 2005-05-27 · resigned 2011-08-27
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2005-05-27 · resigned 2005-05-27
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge08/08/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (64 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-03
capital-alter-shares-redemption-statement-of-capital
capital · SH02
2024-01-25
resolution
resolution · RESOLUTIONS
2024-01-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-01-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-17
capital-allotment-shares
capital · SH01
2024-01-17
capital-alter-shares-subdivision
capital · SH02
2023-12-28
capital-variation-of-rights-attached-to-shares
capital · SH10
2023-12-28
memorandum-articles
incorporation · MA
2023-12-18
resolution
resolution · RESOLUTIONS
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-08