GLENFAIRN (2008) LIMITED

🌳Matureactive
SC337346 · ltd · incorporated 2008-02-06
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 17.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 76/100 (strong), bankability 85/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 17.9y

85/100
ready

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

  • · Oldest live charge is 17.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review 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 employees00

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-11-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-06-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-03-31
    ➕
    JOHNSTONE, Kathleen appointed
    director
  4. 2025-02-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-02-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-02-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-02-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  8. 2024-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-08-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2024-08-09
    🔓
    Charge satisfied #1
  11. 2024-07-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  12. 2024-07-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2024-07-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2024-06-13
    ➖
    AITKEN, Nanette Margaret resigned
    director
  15. 2023-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2022-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-11-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-04-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2020-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2020-03-12
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  21. 2020-03-12
    📄
    legacy
    capital · SH20
  22. 2020-03-12
    ⚠️
    legacy
    insolvency · CAP-SS
  23. 2008-05-28
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  24. 2008-03-28
    ➕
    BROWN, David John appointed
    secretary
  25. 2008-03-28
    ➕
    JOHNSTONE, Richard Bell appointed
    director
  26. 2008-03-28
    ➖
    MACDONALDS resigned
    corporate-nominee-secretary
  27. 2008-03-28
    ➕
    AITKEN, Nanette Margaret appointed
    director
  28. 2008-03-28
    ➖
    WHITE, Joyce Helen resigned
    nominee-director
  29. 2008-02-06
    🏢
    Company incorporated
    As GLENFAIRN (2008) LIMITED
  30. 2008-02-06
    ➕
    MACDONALDS appointed
    corporate-nominee-secretary
  31. 2008-02-06
    ➕
    WHITE, Joyce Helen appointed
    nominee-director

Owner dependency

84/100
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 18 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

59/100
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.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 18 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2020-03-12: legacy

Group structure

Thourtoun Estate Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Thourtoun Estate Limited
Corporate parent · holds 25-50% shares
significant stake
⬇
GLENFAIRN (2008) LIMITED
This company · SC337346

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Thourtoun Estate Limited
Corporate entity
25–50%
25–50%25-50% shares · 25-50% voting13/06/2024
Mr Richard Bell Johnstone
Individual · British · DOB 01/1964 · age 62
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mrs Nanette Margaret Aitkenceased 13/06/2024· 25-50% shares · 25-50% voting

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
Incorporated2008-02-06
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

Suncourt House
19 Crosbie Road
Troon
KA10 6HE
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-08
Last: 2025-06-24

Officers (3 active · 3 resigned)

BROWN, David John→
secretary · appointed 2008-03-28
View their other companies + combined net worth →
Active
JOHNSTONE, Kathleen→
director · ~62y · appointed 2025-03-31
View their other companies + combined net worth →
Active
JOHNSTONE, Richard Bell→
director · ~62y · appointed 2008-03-28
View their other companies + combined net worth →
Active
MACDONALDS→
corporate-nominee-secretary · appointed 2008-02-06 · resigned 2008-03-28
Resigned
AITKEN, Nanette Margaret→
director · ~59y · appointed 2008-03-28 · resigned 2024-06-13
Resigned
WHITE, Joyce Helen→
nominee-director · ~67y · appointed 2008-02-06 · resigned 2008-03-28
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
Lloyds Banking Group
Bank of Scotland PLC
Floating charge1 property28/05/200809/08/2024

Recent filings (67 total)

accounts-with-accounts-type-small
accounts · AA
2025-11-28
appoint-person-director-company-with-name-date
officers · AP01
2025-06-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-12
change-person-director-company-with-change-date
officers · CH01
2025-02-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-24
mortgage-satisfy-charge-full
mortgage · MR04
2024-08-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-07-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-07-19
termination-director-company-with-name-termination-date
officers · TM01
2024-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-08