SEVERN GLOCON (ABERDEEN) LTD

🌳Matureactive
07191242 · ltd · incorporated 2010-03-16
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£100
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 46760
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 62-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (65/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

9 live charges · 6 lenders · oldest 15.9y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 15.9 years old — likely at or near maturity.
  • · 6 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (74/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 7 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
87 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
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 £100

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£100
Current Assets
£100
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-31
Total assets£100
Current assets£100
Net assets£100

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (51 events)Click to expand
  1. 2025-11-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-07-21
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  4. 2024-07-21
    📄
    legacy
    accounts · PARENT_ACC
  5. 2024-07-21
    📄
    legacy
    other · AGREEMENT2
  6. 2024-07-21
    📄
    legacy
    other · GUARANTEE2
  7. 2024-07-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-07-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  9. 2024-06-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  10. 2024-04-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2024-04-17
    🔓
    Charge satisfied #9
  12. 2024-03-08
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  13. 2024-03-08
    📍
    change-sail-address-company-with-new-address
    address · AD02
  14. 2023-11-03
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  15. 2023-11-03
    📄
    legacy
    accounts · PARENT_ACC
  16. 2023-11-03
    📄
    legacy
    other · AGREEMENT2
  17. 2023-11-03
    📄
    legacy
    other · GUARANTEE2
  18. 2023-07-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2023-07-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2023-07-24
    CHOKRA, Akhil appointed
    director
  21. 2023-07-24
    CAPELL, Matthew resigned
    director
  22. 2022-11-01
    📄
    accounts-with-accounts-type-small
    accounts · AA
  23. 2022-04-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  24. 2022-02-17
    BRENNAN, David resigned
    director
  25. 2021-11-15
    🔒
    Charge registered #9
    Lender: Prudential Trustee Company Limited as Security Agent for Itself and Each of the Secured Parties
  26. 2021-11-15
    🔓
    Charge satisfied #8
  27. 2021-10-19
    LOUHILUOTO, Perttu Kim appointed
    director
  28. 2021-05-11
    FINDLAY, Colin Archibald resigned
    director
  29. 2020-12-23
    🔓
    Charge satisfied #7
  30. 2020-12-22
    🔒
    Charge registered #8
    Lender: National Westminster Bank PLC as Security Agent for Itself and Each of the Secured Parties
  31. 2020-03-09
    BRENNAN, David appointed
    director
  32. 2020-02-04
    🔓
    Charge satisfied #6
  33. 2020-02-04
    🔓
    Charge satisfied #5
  34. 2020-02-04
    🔓
    Charge satisfied #4
  35. 2020-02-04
    🔓
    Charge satisfied #3
  36. 2020-02-04
    🔓
    Charge satisfied #2
  37. 2020-01-31
    WOOD, Brian Robert resigned
    director
  38. 2019-12-20
    CAPELL, Matthew appointed
    director
  39. 2019-12-20
    CRITCHLEY, Maurice Mortimer resigned
    director
  40. 2019-12-20
    🔒
    Charge registered #7
    Lender: Lloyds Bank PLC
  41. 2019-03-28
    🔒
    Charge registered #6
    Lender: Real Property International Limited
  42. 2014-07-11
    🔒
    Charge registered #5
    Lender: Lloyds Bank PLC
  43. 2014-05-15
    🔒
    Charge registered #4
    Lender: Lloyds Bank PLC
  44. 2012-12-20
    🔓
    Charge satisfied #1
  45. 2012-12-17
    🔒
    Charge registered #3
    Lender: Lloyds Tsb Bank PLC
  46. 2012-12-17
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Bank PLC
  47. 2010-08-09
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  48. 2010-06-28
    WOOD, Brian Robert appointed
    director
  49. 2010-03-16
    🏢
    Company incorporated
    As SEVERN GLOCON (ABERDEEN) LTD
  50. 2010-03-16
    CRITCHLEY, Maurice Mortimer appointed
    director
Showing most recent 50 of 51 events

Owner dependency

66/100
High — earn-out structure required

Material 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 62 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

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

🏛️
Contour Technologies Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
SEVERN GLOCON (ABERDEEN) LTD
This company · 07191242

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Contour Technologies Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control19/10/2021
2 historic (ceased) PSCs
  • Severn Glocon Global Limitedceased 19/10/2021· 75-100% shares · 75-100% voting · board control
  • Severn Glocon Group Plcceased 20/12/2019· 75-100% shares · 75-100% voting · board control · significant influence · firm interest

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

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
Incorporated2010-03-16
Jurisdictionengland-wales
Primary SIC46760 — SIC 46760

Registered office

Olympus Park
Quedgeley
Gloucester
GL2 4NF
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-30
Last: 2026-03-16

Officers (2 active · 5 resigned)

CHOKRA, Akhil
director · ~56y · appointed 2023-07-24
View their other companies + combined net worth →
Active
LOUHILUOTO, Perttu Kim
director · ~62y · appointed 2021-10-19
View their other companies + combined net worth →
Active
BRENNAN, David
director · ~64y · appointed 2020-03-09 · resigned 2022-02-17
Resigned
CAPELL, Matthew
director · ~43y · appointed 2019-12-20 · resigned 2023-07-24
Resigned
CRITCHLEY, Maurice Mortimer
director · ~78y · appointed 2010-03-16 · resigned 2019-12-20
Resigned
FINDLAY, Colin Archibald
director · ~69y · appointed 2010-03-16 · resigned 2021-05-11
Resigned
WOOD, Brian Robert
director · ~71y · appointed 2010-06-28 · resigned 2020-01-31
Resigned

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

Mortgages & charges

9
Total charges
0
Outstanding
0
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
satisfied
Prudential Trustee Company as Security Agent for Itself and Each of the Secured Parties
Prudential Trustee Company Limited as Security Agent for Itself and Each of the Secured Parties
A registered charge15/11/202117/04/2024
satisfied
National Westminster Bank as Security Agent for Itself and Each of the Secured Parties
National Westminster Bank PLC as Security Agent for Itself and Each of the Secured Parties
A registered charge22/12/202015/11/2021
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property20/12/201923/12/2020
satisfied
Real Property International
Real Property International Limited
A registered charge3 properties28/03/201904/02/2020
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge11/07/201404/02/2020
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge15/05/201404/02/2020
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
An omnibus guarantee and set-off agreement1 property17/12/201204/02/2020
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Debenture1 property17/12/201204/02/2020
satisfied
Barclays
Barclays Bank PLC
Guarantee & debenture1 property09/08/201020/12/2012

Recent filings (87 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-16
change-person-director-company-with-change-date
officers · CH01
2025-11-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-20
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-07-21
legacy
accounts · PARENT_ACC
2024-07-21
legacy
other · AGREEMENT2
2024-07-21
legacy
other · GUARANTEE2
2024-07-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-07-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-06-26
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-18
move-registers-to-sail-company-with-new-address
address · AD03
2024-03-08
change-sail-address-company-with-new-address
address · AD02
2024-03-08