GLENROSSAL LIMITED

🌳Matureactive
SC351176 · ltd · incorporated 2008-11-12
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£2.77M
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: SIC 02100
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Active trading company with a 88-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 88). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 3.2y

35/100
under pressure

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

  • · Charge age ~3.2 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (80/100)

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
11 officers (7 active, 11 linked, 8 with DOB)
85
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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 £2,766,240
Net assets shrinking
Down £65,201 YoY
Cash YoY
-17%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£122k
↓ 17% YoY
Net Worth
£2.8m
↓ 2.3% YoY
Current Assets
Current Liabilities
£0£566k£1.1m£1.7m£2.3m£2.8mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Cash£122.0k£146.3k
Net assets£2.77M£2.83M

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 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2025-07-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-06-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-05-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2023-03-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-03-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-03-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-02-21
    HASSON, Sally appointed
    director
  9. 2023-02-21
    TRAILL, Kate appointed
    director
  10. 2023-02-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2023-02-11
    🔒
    Charge registered #1
    Lender: Allt an Tuir Renewable Energy Park Limited
  12. 2023-02-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2023-02-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2023-02-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2023-02-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2022-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-06-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-07-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2011-12-31
    MORRISON, Susan Jane resigned
    director
  21. 2009-10-21
    HASSON, Michael appointed
    director
  22. 2008-11-14
    HASSON, Cheryl Diane appointed
    secretary
  23. 2008-11-14
    HASSON, Cheryl Diane appointed
    director
  24. 2008-11-14
    HASSON, Michael Macfarlane appointed
    director
  25. 2008-11-14
    MURRAY, Ronald Mcleod appointed
    director
  26. 2008-11-14
    HMS SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  27. 2008-11-14
    MORRISON, Susan Jane appointed
    director
  28. 2008-11-14
    MUNRO, Donald John resigned
    director
  29. 2008-11-14
    HMS DIRECTORS LIMITED resigned
    corporate-nominee-director
  30. 2008-11-12
    🏢
    Company incorporated
    As GLENROSSAL LIMITED
  31. 2008-11-12
    HMS SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  32. 2008-11-12
    MUNRO, Donald John appointed
    director
  33. 2008-11-12
    HMS DIRECTORS LIMITED appointed
    corporate-nominee-director

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -6 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 88 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

83/100
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 88 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 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
Mr Michael Hasson
Individual · British · DOB 06/1977 · age 49
5075%
50–75%board control50-75% shares · 50-75% voting · board control20/01/2023
Mrs Kate Traill
Individual · British · DOB 03/1973 · age 53
2550%
25–50%25-50% shares · 25-50% voting20/01/2023
1 historic (ceased) PSC
  • Mr Michael Macfarlane Hassonceased 20/01/2023· 50-75% shares

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
Incorporated2008-11-12
Jurisdictionscotland
Primary SIC02100 — SIC 02100

Registered office

Glenrossal House
Rosehall
Lairg
Sutherland
IV27 4BG

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-23
Last: 2026-02-09

Officers (7 active · 4 resigned)

HASSON, Cheryl Diane
secretary · appointed 2008-11-14
View their other companies + combined net worth →
Active
HASSON, Cheryl Diane
director · ~79y · appointed 2008-11-14
View their other companies + combined net worth →
Active
HASSON, Michael
director · ~49y · appointed 2009-10-21
View their other companies + combined net worth →
Active
HASSON, Michael Macfarlane
director · ~77y · appointed 2008-11-14
View their other companies + combined net worth →
Active
HASSON, Sally
director · ~55y · appointed 2023-02-21
View their other companies + combined net worth →
Active
MURRAY, Ronald Mcleod
director · ~88y · appointed 2008-11-14
View their other companies + combined net worth →
Active
TRAILL, Kate
director · ~53y · appointed 2023-02-21
View their other companies + combined net worth →
Active
HMS SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2008-11-12 · resigned 2008-11-14
Resigned
MORRISON, Susan Jane
director · ~73y · appointed 2008-11-14 · resigned 2011-12-31
Resigned
MUNRO, Donald John
director · ~55y · appointed 2008-11-12 · resigned 2008-11-14
Resigned
HMS DIRECTORS LIMITED
corporate-nominee-director · appointed 2008-11-12 · resigned 2008-11-14
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
Allt an Tuir Renewable Energy Park
Allt an Tuir Renewable Energy Park Limited
A registered charge1 property11/02/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (65 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-25
appoint-person-director-company-with-name-date
officers · AP01
2023-03-09
appoint-person-director-company-with-name-date
officers · AP01
2023-03-09
change-person-director-company-with-change-date
officers · CH01
2023-03-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-02-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-02-07