APC (GLW) LTD

💤Zombieactive
SC630693 · ltd · incorporated 2019-05-16
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 May 2021
Net worth
book net assets
Opportunity
61/100
Worth a look
🔔
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What this business does
Primary activity: Renting and leasing of trucks and other heavy vehicles
Sector: Administrative & support services
ALSO REGISTERED FOR
  • 77310Renting and leasing of agricultural machinery and equipment
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

Data confidence

Overall: high (81/100)

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

Company profile
address, 2 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
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£0May 2020May 2021

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2021-05-312020-05-31

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

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-05-20
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-03-14
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  4. 2025-02-11
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2024-11-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2024-06-11
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  7. 2024-04-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2023-06-17
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2023-06-13
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  10. 2023-04-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2022-02-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2021-10-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2020-08-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2020-08-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2020-06-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2019-05-16
    🏢
    Company incorporated
    As APC (GLW) LTD
  17. 2019-05-16
    BOYLE, Joseph Anthony appointed
    director
  18. 2019-05-16
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2023-02-28

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Joseph Anthony Boyle
Individual · Scottish · DOB 01/1971 · age 55
75100%
75–100%board control75-100% shares · 75-100% voting · board control16/05/2019

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

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
Incorporated2019-05-16
Jurisdictionscotland
Primary SIC77120 — Renting and leasing of trucks and other heavy vehicles

Registered office

321 Aikenhead Road
Glasgow
G42 0PE
Scotland

Filing status

Accounts
Next due: 2023-02-28OVERDUE
Last made up to: 2021-05-31
Confirmation statement
Next due: 2026-05-29
Last: 2025-05-15

Officers (1 active · 0 resigned)

BOYLE, Joseph Anthony
director · ~55y · appointed 2019-05-16
View their other companies + combined net worth →
Active

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

Recent filings (22 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-28
gazette-filings-brought-up-to-date
gazette · DISS40
2025-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-17
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-03-14
gazette-notice-compulsory
gazette · GAZ1
2025-02-11
gazette-filings-brought-up-to-date
gazette · DISS40
2024-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-12
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-06-11
gazette-notice-compulsory
gazette · GAZ1
2024-04-30
gazette-filings-brought-up-to-date
gazette · DISS40
2023-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-14
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-06-13
gazette-notice-compulsory
gazette · GAZ1
2023-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-23
accounts-with-accounts-type-dormant
accounts · AA
2022-02-28