GLENFOLD LTD.

💤Zombieactive
SC377452 · ltd · incorporated 2010-04-23
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£752.2k
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: SIC 49320
Sector: Transportation & storage
Investor take
Pursue
Asset-holding vehicle with a 62-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 62). 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 (73/100).

🏦

Refinance opportunity

2 live charges · oldest 12.5y

45/100
under pressure

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

  • · Oldest live charge is 12.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
14 officers (1 active, 14 linked, 12 with DOB)
87
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
83 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
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 £752,240
Cash YoY
-6%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£189k
↓ 6.5% YoY
Net Worth
£752k
↑ 4.4% YoY
Current Assets
£541k
↓ 22% YoY
Current Liabilities
—
£0£150k£301k£451k£602k£752kDec 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
Total assets£780.7k£745.1k
Current assets£541.5k£692.8k
Cash£189.4k£202.5k
Debtors£350.7k£489.3k
Net assets£752.2k£720.8k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
  1. 2025-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-05-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2025-05-22
    🔓
    Charge satisfied #2
  5. 2025-05-22
    🔓
    Charge satisfied #1
  6. 2024-06-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2023-07-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2023-05-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  9. 2022-06-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2021-07-09
    ➖
    KOBIALKA, Wojciech resigned
    director
  11. 2021-07-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2021-07-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2021-05-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2020-07-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2020-07-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2020-07-01
    ➕
    KOBIALKA, Wojciech appointed
    director
  17. 2020-06-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  18. 2020-03-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  19. 2019-11-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2019-11-19
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  21. 2019-06-04
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  22. 2018-06-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2017-04-21
    ➖
    MACKINTOSH, Richard Mackay resigned
    director
  24. 2016-03-08
    ➖
    JOHNSTON, Samantha Jane resigned
    director
  25. 2014-07-21
    ➖
    THATCHER, Paul resigned
    director
  26. 2014-06-20
    ➖
    THATCHER, Lesley resigned
    director
  27. 2013-11-18
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  28. 2013-01-04
    ➖
    MURRAY, James Alexander resigned
    director
  29. 2013-01-04
    ➕
    THATCHER, Lesley appointed
    director
  30. 2012-08-23
    ➖
    MACCOLL, Ronald Stewart resigned
    director
  31. 2012-08-23
    ➖
    MACKENZIE, Douglas resigned
    director
  32. 2012-08-23
    ➕
    MACKINTOSH, Richard Mackay appointed
    director
  33. 2012-08-23
    ➖
    MACLEAN, William Neil resigned
    director
  34. 2012-08-23
    ➕
    MURRAY, James Alexander appointed
    director
  35. 2012-08-23
    ➕
    THATCHER, Paul appointed
    director
  36. 2012-08-23
    ➕
    CRESTMOUNT LIMITED appointed
    corporate-director
  37. 2012-08-23
    ➖
    CRESTMOUNT LIMITED resigned
    corporate-director
  38. 2011-02-06
    ➖
    MACLENNAN, Douglas Marr resigned
    director
  39. 2010-08-05
    ➕
    JOHNSTON, Samantha Jane appointed
    director
  40. 2010-08-05
    ➕
    MACCOLL, Ronald Stewart appointed
    director
  41. 2010-08-05
    ➕
    MACKENZIE, Douglas appointed
    director
  42. 2010-08-05
    ➕
    MACLEAN, William Neil appointed
    director
  43. 2010-08-05
    ➕
    MACLENNAN, Douglas Marr appointed
    director
  44. 2010-04-23
    🏢
    Company incorporated
    As GLENFOLD LTD.
  45. 2010-04-23
    ➕
    JOHNSTON, Gavin Alexander appointed
    director
  46. 2010-04-23
    ➕
    BRIAN REID LTD. appointed
    corporate-secretary
  47. 2010-04-23
    ➖
    BRIAN REID LTD. resigned
    corporate-secretary
  48. 2010-04-23
    ➕
    MABBOTT, Stephen George appointed
    director
  49. 2010-04-23
    ➖
    MABBOTT, Stephen George resigned
    director

Owner dependency

93/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

78/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 16 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

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

🏛️
Crestmount Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
GLENFOLD LTD.
This company · SC377452

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
Crestmount Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting09/07/2021
Mr Gavin Johnston
Individual · British · DOB 06/1964 · age 62
——sig. influencesignificant influence06/04/2016
2 historic (ceased) PSCs
  • Crestmount Limitedceased 09/07/2021· 75-100% shares · 75-100% voting · board control
  • Richard Mackay Mackintoshceased 29/06/2017· 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
Incorporated2010-04-23
Jurisdictionscotland
Primary SIC49320 — SIC 49320

Registered office

55 Church Street
Inverness
IV1 1DR
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-05-21
Last: 2025-05-07

Officers (1 active · 13 resigned)

JOHNSTON, Gavin Alexander→
director · ~62y · appointed 2010-04-23
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-secretary · appointed 2010-04-23 · resigned 2010-04-23
Resigned
JOHNSTON, Samantha Jane→
director · ~55y · appointed 2010-08-05 · resigned 2016-03-08
Resigned
KOBIALKA, Wojciech→
director · ~42y · appointed 2020-07-01 · resigned 2021-07-09
Resigned
MABBOTT, Stephen George→
director · ~76y · appointed 2010-04-23 · resigned 2010-04-23
Resigned
MACCOLL, Ronald Stewart→
director · ~74y · appointed 2010-08-05 · resigned 2012-08-23
Resigned
MACKENZIE, Douglas→
director · ~64y · appointed 2010-08-05 · resigned 2012-08-23
Resigned
MACKINTOSH, Richard Mackay→
director · ~73y · appointed 2012-08-23 · resigned 2017-04-21
Resigned
MACLEAN, William Neil→
director · ~64y · appointed 2010-08-05 · resigned 2012-08-23
Resigned
MACLENNAN, Douglas Marr→
director · ~67y · appointed 2010-08-05 · resigned 2011-02-06
Resigned
MURRAY, James Alexander→
director · ~68y · appointed 2012-08-23 · resigned 2013-01-04
Resigned
THATCHER, Lesley→
director · ~63y · appointed 2013-01-04 · resigned 2014-06-20
Resigned
THATCHER, Paul→
director · ~66y · appointed 2012-08-23 · resigned 2014-07-21
Resigned
CRESTMOUNT LIMITED→
corporate-director · appointed 2012-08-23 · resigned 2012-08-23
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property19/11/201922/05/2025
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property18/11/201322/05/2025

Recent filings (83 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-22
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-05-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-09
termination-director-company-with-name-termination-date
officers · TM01
2021-07-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-07-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-10