ANGELLINE (SCOTLAND) LTD.

💤Zombieactive

SC385592 · ltd · incorporated 2010-09-17

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 Aug 2024

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Dispensing chemist in specialised stores

Sector: Wholesale & retail

ALSO REGISTERED FOR

47749SIC 47749
47750Retail sale of cosmetic and toilet articles in specialised stores

Investor take

Pursue

Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 57/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 12.9y

15/100

under pressure

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

· Oldest live charge is 12.9 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· 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, 3 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

5 charges (5/5 with lender, 5/5 with type)

Directors & officers

4 officers (2 active, 4 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

1 connected companies via shared directors

Filing history

47 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-08-31	2023-08-31
Average employees	0	0

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

🔒Filing-note intelligence

2 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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (29 events)Click to expand

2025-05-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-15
📄
resolution
resolution · RESOLUTIONS
2024-07-10
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-09
🔒
Charge registered #5
Lender: Hsbc UK Bank PLC
2024-07-08
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-04
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-04
🔒
Charge registered #4
Lender: Hsbc UK Bank PLC
2024-07-04
🔓
Charge satisfied #3
2024-05-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-24
📄
change-account-reference-date-company-current-extended
accounts · AA01
2019-08-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-18
📄
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2019-07-18
📄
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2019-07-12
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-07-04
🔒
Charge registered #3
Lender: Keiron David Paterson
2018-11-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-10-24
🔒
Charge registered #2
Lender: Hsbc Bank PLC
2013-05-10
🔒
Charge registered #1
Lender: Hsbc Bank PLC
2010-09-17
🏢
Company incorporated
As ANGELLINE (SCOTLAND) LTD.
2010-09-17
➕
FRIEL, June appointed
secretary
2010-09-17
➕
FRIEL, June appointed
director
2010-09-17
➕
BRIAN REID LTD. appointed
corporate-secretary
2010-09-17
➖
BRIAN REID LTD. resigned
corporate-secretary
2010-09-17
➕
MABBOTT, Stephen George appointed
director
2010-09-17
➖
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 61 — 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 61. 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.)

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Miss June Friel Individual · British · DOB 06/1965 · age 61	—	—	sig. influencesignificant influence · firm interest	10/05/2016

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 →

Similar companies

Active · Retail · PA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ASTHETIC PRODUCTS LTD→ SC819080 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ASTS ENTERPRISES UK LIMITED→ SC795576 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
ATREST LTD→ SC861001 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AULDS OAK MALL LIMITED→ SC606118 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
AYEZA COLLECTION LTD→ SC822518 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
AZZA UK CONSULTANTS LTD→ SC478824 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
B2 CONVENIENCE LTD→ SC857676 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BABAN TRADING LTD→ SC864164 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BACKWOODSMAN ENGINEERING LTD→ SC373947 · est 2010 · no financials extracted	—	—	—	—	16y	—	—
BALNANCY L A LIMITED→ SC454057 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
BALVICAR CONVENIENCE STORES LTD→ SC427246 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
BARAKOTI GROCERIES LIMITED→ SC883288 · est 2026 · no financials extracted	—	—	—	—	—	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

9 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

Incorporated2010-09-17

Jurisdictionscotland

Primary SIC47730 — Dispensing chemist in specialised stores

Registered office

Cairns

Bridge Of Weir Road

Kilmacolmkilmacolm

Renfrewshire

PA13 4NU

Filing status

Accounts

Next due: 2026-05-31

Last made up to: 2024-08-31

Confirmation statement

Next due: 2026-09-14

Last: 2025-08-31

Officers (2 active · 2 resigned)

FRIEL, June→

secretary · appointed 2010-09-17

View their other companies + combined net worth →

Active

FRIEL, June→

director · ~61y · appointed 2010-09-17

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-secretary · appointed 2010-09-17 · resigned 2010-09-17

Resigned

MABBOTT, Stephen George→

director · ~76y · appointed 2010-09-17 · resigned 2010-09-17

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:5 of 5 shown

		Type	Properties
outstanding	HSBC Hsbc UK Bank PLC	A registered charge	1 property	09/07/2024	—
outstanding	HSBC Hsbc UK Bank PLC	A registered charge	—	04/07/2024	—
satisfied	Keiron David Paterson	A registered charge	—	04/07/2019	04/07/2024
outstanding	HSBC Hsbc Bank PLC	A registered charge	1 property	24/10/2016	—
outstanding	HSBC Hsbc Bank PLC	A registered charge	1 property	10/05/2013	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (47 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-08-31

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-05-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-09-15

resolution

resolution · RESOLUTIONS

2024-07-15

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2024-07-10

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2024-07-08

mortgage-satisfy-charge-full

mortgage · MR04

2024-07-04

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-05-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-09-16

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-05-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-09-15

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-05-10

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-09-22

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-05-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-09-17