SEVERN GLOCON (ABERDEEN) LTD
- · Thesis: well-run, low negotiation leverage
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
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 |
|---|---|
| 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
- • 1 confirmation-statement
Corporate timeline (51 events)Click to expand
- 2025-11-26📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-21📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-07-21📄legacyaccounts · PARENT_ACC
- 2024-07-21📄legacyother · AGREEMENT2
- 2024-07-21📄legacyother · GUARANTEE2
- 2024-07-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-07-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-06-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-04-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-17🔓Charge satisfied #9
- 2024-03-08📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2024-03-08📍change-sail-address-company-with-new-addressaddress · AD02
- 2023-11-03📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-11-03📄legacyaccounts · PARENT_ACC
- 2023-11-03📄legacyother · AGREEMENT2
- 2023-11-03📄legacyother · GUARANTEE2
- 2023-07-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-07-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-07-24➕CHOKRA, Akhil appointeddirector
- 2023-07-24➖CAPELL, Matthew resigneddirector
- 2022-11-01📄accounts-with-accounts-type-smallaccounts · AA
- 2022-04-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-02-17➖BRENNAN, David resigneddirector
- 2021-11-15🔒Charge registered #9Lender: Prudential Trustee Company Limited as Security Agent for Itself and Each of the Secured Parties
- 2021-11-15🔓Charge satisfied #8
- 2021-10-19➕LOUHILUOTO, Perttu Kim appointeddirector
- 2021-05-11➖FINDLAY, Colin Archibald resigneddirector
- 2020-12-23🔓Charge satisfied #7
- 2020-12-22🔒Charge registered #8Lender: National Westminster Bank PLC as Security Agent for Itself and Each of the Secured Parties
- 2020-03-09➕BRENNAN, David appointeddirector
- 2020-02-04🔓Charge satisfied #6
- 2020-02-04🔓Charge satisfied #5
- 2020-02-04🔓Charge satisfied #4
- 2020-02-04🔓Charge satisfied #3
- 2020-02-04🔓Charge satisfied #2
- 2020-01-31➖WOOD, Brian Robert resigneddirector
- 2019-12-20➕CAPELL, Matthew appointeddirector
- 2019-12-20➖CRITCHLEY, Maurice Mortimer resigneddirector
- 2019-12-20🔒Charge registered #7Lender: Lloyds Bank PLC
- 2019-03-28🔒Charge registered #6Lender: Real Property International Limited
- 2014-07-11🔒Charge registered #5Lender: Lloyds Bank PLC
- 2014-05-15🔒Charge registered #4Lender: Lloyds Bank PLC
- 2012-12-20🔓Charge satisfied #1
- 2012-12-17🔒Charge registered #3Lender: Lloyds Tsb Bank PLC
- 2012-12-17🔒Charge registered #2Lender: Lloyds Tsb Bank PLC
- 2010-08-09🔒Charge registered #1Lender: Barclays Bank PLC
- 2010-06-28➕WOOD, Brian Robert appointeddirector
- 2010-03-16🏢Company incorporatedAs SEVERN GLOCON (ABERDEEN) LTD
- 2010-03-16➕CRITCHLEY, Maurice Mortimer appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +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
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- 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 ·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.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Contour Technologies Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 19/10/2021 |
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.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| APPLIED KNOWLEDGE AND TECHNOLOGY LIMITED→ 07114843 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
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| ARRIVA GLOBAL PLANT SALES LIMITED→ 10011615 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
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| ATELIER YY LIMITED→ 16412904 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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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 →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 (2 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| 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 charge | — | 15/11/2021 | 17/04/2024 | |
| 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 charge | — | 22/12/2020 | 15/11/2021 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 20/12/2019 | 23/12/2020 | |
| satisfied | Real Property International Real Property International Limited | A registered charge | 3 properties | 28/03/2019 | 04/02/2020 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 11/07/2014 | 04/02/2020 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 15/05/2014 | 04/02/2020 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | An omnibus guarantee and set-off agreement | 1 property | 17/12/2012 | 04/02/2020 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 17/12/2012 | 04/02/2020 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 09/08/2010 | 20/12/2012 |