SUPERGLASS SECTIONS LIMITED
- · Oldest live charge 38.6y old — refinance window within 12 months
Opportunity 51/100 (worth a look), bankability 80/100. Strong seller-intent signal (63/100, director aged 56). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (63/100).
Refinance opportunity
4 live charges · 2 lenders · oldest 38.6y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 38.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 20/100 — clean.
Data confidence
Overall: low (53/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (61 events)Click to expand
- 2011-04-26📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2011-04-26🏁Company dissolved
- 2011-01-11📄gazette-notice-voluntarygazette · GAZ1(A)
- 2010-12-15📄dissolution-application-strike-off-companydissolution · DS01
- 2010-09-09📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2010-09-09📄legacycapital · SH20
- 2010-09-09⚠️legacyinsolvency · CAP-SS
- 2010-09-09📄resolutionresolution · RESOLUTIONS
- 2010-06-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-04-26📄termination-director-company-with-nameofficers · TM01
- 2010-04-26📄appoint-person-director-company-with-nameofficers · AP01
- 2010-04-01➕SMITH, Robert Andrew Ross appointeddirector
- 2010-03-31➖WEBSTER, Stephen Paul resigneddirector
- 2009-12-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2009-10-15📄change-person-director-company-with-change-dateofficers · CH01
- 2009-10-14📄change-person-secretary-company-with-change-dateofficers · CH03
- 2009-06-05📄legacyannual-return · 363a
- 2008-11-24📄accounts-with-made-up-dateaccounts · AA
- 2008-06-03📄legacyannual-return · 363a
- 2007-10-21📄accounts-with-made-up-dateaccounts · AA
- 2007-06-25📄legacyannual-return · 363a
- 2007-06-22📄legacyofficers · 288a
- 2007-06-22📄legacyofficers · 288b
- 2007-05-31➕WOLSELEY DIRECTORS LIMITED appointedcorporate-director
- 2007-05-31➖WHITE, Mark Jonathan resigneddirector
- 2006-09-07📄accounts-with-made-up-dateaccounts · AA
- 2006-06-28📄legacyannual-return · 363a
- 2005-12-21📄legacymortgage · 403a
- 2005-12-21📄legacymortgage · 403a
- 2005-12-21🔓Charge satisfied #2
- 2005-12-21🔓Charge satisfied #1
- 2005-12-13📄legacyofficers · 288a
- 2005-10-22➕DREW, Alison appointedsecretary
- 2005-10-22➖KIRK, Philip Anthony resignedsecretary
- 2005-10-22➖KIRK, Philip Anthony resigneddirector
- 2005-10-22➖MCKERRACHER, Iain Douglas resigneddirector
- 2005-10-22➕WEBSTER, Stephen Paul appointeddirector
- 2005-10-22➕WHITE, Mark Jonathan appointeddirector
- 2005-10-18🔓Charge satisfied #4
- 2005-10-18🔓Charge satisfied #3
- 2005-08-16➖KIRKBRIGHT, Anthony resigneddirector
- 2005-08-16➖PATERSON, Robert resigneddirector
- 2005-08-16➖SMELLIE, John resigneddirector
- 2001-06-05➖CREIGHTON, David Marshall resigneddirector
- 1999-07-23🔒Charge registered #4Lender: 3I PLC
- 1998-02-12➕CREIGHTON, David Marshall appointeddirector
- 1998-02-12➕KIRKBRIGHT, Anthony appointeddirector
- 1998-02-12➕PATERSON, Robert appointeddirector
- 1998-02-12➕SMELLIE, John appointeddirector
- 1997-11-20🔒Charge registered #3Lender: 3I PLC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 39 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
2 high · 1 med ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2011-04-26
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2010-09-09: legacy
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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8 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 →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
Registered office
Filing status
Officers (0 active · 14 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | 3I 3I PLC | Debenture | 1 property | 23/07/1999 | 18/10/2005 | |
| satisfied | 3I 3I PLC | Debenture | 1 property | 20/11/1997 | 18/10/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Composite guarantee and mortgage debenture | 1 property | 20/11/1997 | 21/12/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Debenture | 1 property | 08/10/1987 | 21/12/2005 |