GLASGOW SOLE SPA LTD
🏛️Establishedactive
SC575006 · ltd · incorporated 2017-08-30
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 Aug 2024
Net worth
£-730
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
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
3 officers (3 active, 3 linked, 2 with DOB)
83
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
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
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 · accounting standard not declaredNegative net assets
Liabilities exceed assets by £730
Net assets shrinking
Down £968 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£730
↓ 407% YoY
Current Assets
£3k
↑ 75% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £-730 | £238 |
| Current assets | £2.9k | £1.7k |
| Cash | — | £600 |
| Debtors | — | £1.1k |
| Net assets | £-730 | £238 |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2025-05-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-07📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-07📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-07📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-03-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-02-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-01-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-30🏢Company incorporatedAs GLASGOW SOLE SPA LTD
- 2017-08-30➕MCGHEE, James appointedsecretary
- 2017-08-30➕MCGHEE, James Stevens Gardner appointeddirector
- 2017-08-30➕MCGHEE, Seanna appointeddirector
- 2017-08-30📄incorporation-companyincorporation · NEWINC
Owner dependency
74/100
High — earn-out structure requiredMaterial 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.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Mcghee Individual · British · DOB 09/1967 · age 59 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 30/08/2017 |
Mrs Seanna Mcghee Individual · British · DOB 02/1969 · age 57 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 30/08/2017 |
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 · Trade services · PH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GLENFARG LIMITED→ SC457878 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| GROWING CONCERN SCOTLAND LTD.→ SC141671 · est 1992 · no financials extracted | — | — | — | — | 33y | — | — |
| HARPER EDGE LIMITED→ SC848444 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HIGHLAND & ISLANDS WEATHER LTD.→ SC622525 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| HS HOME SERVICE LIMITED→ SC559866 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| IF THEN FUTURES LTD.→ SC666260 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| INFINITY PEST SOLUTIONS LTD→ SC856222 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| INSPIRE IT SERVICES LTD→ SC346614 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| INVERALLAN GROUNDS MAINTENANCE LTD→ SC723474 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| INVERALLAN LANDSCAPES LIMITED→ SC257959 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| IVYSISTER LTD→ SC595171 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| IWB SURVEYS LIMITED→ SC548215 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2017-08-30
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.
Registered office
2 Mcdougall Court
Murthly
Perth
PH1 4DD
Scotland
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-12
Last: 2025-08-29
Officers (3 active · 0 resigned)
Active
MCGHEE, James Stevens Gardner→
Activedirector · ~59y · appointed 2017-08-30
View their other companies + combined net worth →
MCGHEE, Seanna→
Activedirector · ~57y · appointed 2017-08-30
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (23 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-19
change-person-director-company-with-change-date
officers · CH01
2024-03-07
change-person-director-company-with-change-date
officers · CH01
2024-03-07
change-person-secretary-company-with-change-date
officers · CH03
2024-03-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-01-20