GLENCART VEHICLE SERVICES LTD.

🌳Matureactive
SC325591 · ltd · incorporated 2007-06-15
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£50.1k
book net assets
Opportunity
81/100
Exceptional
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 63-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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
Confirmed no charges registered
85
Directors & officers
9 officers (2 active, 9 linked, 5 with DOB)
81
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £50,055
Net assets shrinking
Down £18,729 YoY
Cash YoY
-12%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£52k
↓ 12% YoY
Net Worth
£50k
↓ 27% YoY
Current Assets
£89k
↓ 21% YoY
Current Liabilities
—
£0£23k£45k£68k£90k£113kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Total assets£51.5k£79.9k
Current assets£88.5k£112.7k
Cash£52.5k£59.7k
Debtors£30.8k£39.3k
Net assets£50.1k£68.8k

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
1
filing
  • • 1 accounts
Last 90 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-03-05
    📄
    replacement-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP01CS01
  3. 2025-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-01-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-01-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-02-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-01-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2016-07-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2016-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2015-06-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-06-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2015-06-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2011-06-30
    ➖
    TELFORD, James Mackie resigned
    secretary
  18. 2011-06-30
    ➖
    TELFORD, James Mackie resigned
    director
  19. 2009-09-01
    ➖
    COSH, Robert Johnston resigned
    director
  20. 2009-09-01
    ➖
    COSH, William resigned
    director
  21. 2007-06-15
    🏢
    Company incorporated
    As GLENCART VEHICLE SERVICES LTD.
  22. 2007-06-15
    ➕
    MCDADE, Thoma John appointed
    director
  23. 2007-06-15
    ➕
    REID, James appointed
    director
  24. 2007-06-15
    ➕
    TELFORD, James Mackie appointed
    secretary
  25. 2007-06-15
    ➕
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-secretary
  26. 2007-06-15
    ➖
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-secretary
  27. 2007-06-15
    ➕
    COSH, Robert Johnston appointed
    director
  28. 2007-06-15
    ➕
    COSH, William appointed
    director
  29. 2007-06-15
    ➕
    TELFORD, James Mackie appointed
    director
  30. 2007-06-15
    ➕
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-director
  31. 2007-06-15
    ➖
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-director
  32. 2007-06-15
    ➕
    PETER TRAINER CORPORATE SERVICES LTD. appointed
    corporate-nominee-director
  33. 2007-06-15
    ➖
    PETER TRAINER CORPORATE SERVICES LTD. resigned
    corporate-nominee-director

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • 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 19 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
James Reid
Individual · British · DOB 03/1964 · age 62
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Thomas John Mcdade
Individual · British · DOB 03/1963 · age 63
25–50%
25–50%25-50% shares · 25-50% 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

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
Incorporated2007-06-15
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

Unit B
9 Underwood Road
Paisley
PA3 1TE

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-18
Last: 2025-06-04

Officers (2 active · 7 resigned)

MCDADE, Thoma John→
director · ~63y · appointed 2007-06-15
View their other companies + combined net worth →
Active
REID, James→
director · ~62y · appointed 2007-06-15
View their other companies + combined net worth →
Active
TELFORD, James Mackie→
secretary · appointed 2007-06-15 · resigned 2011-06-30
Resigned
PETER TRAINER COMPANY SECRETARIES LTD.→
corporate-nominee-secretary · appointed 2007-06-15 · resigned 2007-06-15
Resigned
COSH, Robert Johnston→
director · ~62y · appointed 2007-06-15 · resigned 2009-09-01
Resigned
COSH, William→
director · ~71y · appointed 2007-06-15 · resigned 2009-09-01
Resigned
TELFORD, James Mackie→
director · ~71y · appointed 2007-06-15 · resigned 2011-06-30
Resigned
PETER TRAINER COMPANY SECRETARIES LTD.→
corporate-nominee-director · appointed 2007-06-15 · resigned 2007-06-15
Resigned
PETER TRAINER CORPORATE SERVICES LTD.→
corporate-nominee-director · appointed 2007-06-15 · resigned 2007-06-15
Resigned

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

Recent filings (63 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-04
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-04