GLENDINNING MCLEISH & CO LIMITED
🌳Matureactive
R0000262 · ltd · incorporated 1898-09-23
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and structurally messy structure.
Opportunity 75/100 (strong), bankability 52/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
10 live charges · 5 lenders · oldest 113.8y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 113.8 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: medium (59/100)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
No iXBRL financials extracted
0
Lenders & charges
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
14 officers (7 active, 14 linked, 12 with DOB)
87
Ownership & PSC
6 active PSC(s) of 10 total, 10 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
249 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
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 (46 events)Click to expand
- 2025-10-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-09-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-08-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-30➖GLENDINNING, Acheson Harden John resigneddirector
- 2025-06-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-05-29➕CUNNINGHAM, David Knox appointeddirector
- 2024-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-04-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-18➕GLENDINNING, Johnston Harden Graham, Dr appointeddirector
- 2024-01-22➖GLENDINNING, Robert Kyle resigneddirector
- 2023-12-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-12-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-14➕COLEMAN, Sarah Adwowa appointeddirector
- 2023-11-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-27📄capital-return-purchase-own-shares-treasury-capital-datecapital · SH03
- 2020-08-25➖BANNISTER, Peter James resigneddirector
- 2018-12-19🔒Charge registered #10Lender: The Governor and Company of the Bank of Ireland
- 2018-12-19🔒Charge registered #9Lender: The Governor and Company of the Bank of Ireland
- 2017-05-23➕WARNOCK, Hugo Alexander appointeddirector
- 2017-05-23➖WARNOCK, Janet resigneddirector
- 2014-08-28➖MCCAUGHEY, John Donald resigneddirector
- 2010-09-30➕BANNISTER, Donald Peter appointedsecretary
- 2010-09-30➖BANNISTER, Peter James resignedsecretary
- 2007-10-12➕GLENDINNING, Robert Kyle appointeddirector
- 2007-10-12➖GLENDINNING, Robin resigneddirector
- 2000-09-20➕BANNISTER, Donald Peter appointeddirector
- 2000-09-20➕POOTS, Barbara Jill appointeddirector
- 1996-08-09🔓Charge satisfied #5
- 1996-06-27🔓Charge satisfied #8
- 1993-02-09🔒Charge registered #8Lender: Bank of Ireland
- 1991-12-12🔒Charge registered #7Lender: Bank of Ireland
- 1990-11-20🔓Charge satisfied #6
- 1959-04-13🔒Charge registered #6Lender: Progressive Buld.Soc
- 1939-01-18🔓Charge satisfied #4
- 1934-06-15🔒Charge registered #5Lender: Acheson Harden
- 1933-08-11🔒Charge registered #4Lender: Bank of Ireland
- 1931-12-10🔒Charge registered #3Lender: Bank of Ireland
- 1931-05-05🔓Charge satisfied #1
- 1931-04-27🔒Charge registered #2Lender: Charlotte E D
- 1912-07-31🔒Charge registered #1Lender: Bank of Ireland
- 1898-09-23🏢Company incorporatedAs GLENDINNING MCLEISH & CO LIMITED
Owner dependency
80/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- -6 active directors: Broader management team in place — suggests transferable governance.
- +Founder name in company name: Company name contains director surname "GLENDINNING" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — succession pressure is live.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
6 active beneficial owners · fragmented| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Knox Cunningham Individual · British · DOB 06/1960 · age 66 | — | — | sig. influencesignificant influence | 29/05/2025 |
Dr Johnston Harden Graham Glendinning Individual · British · DOB 03/1970 · age 56 | — | — | sig. influencesignificant influence | 18/04/2024 |
Mrs Sarah Adwowa Coleman Individual · British · DOB 07/1974 · age 52 | — | — | sig. influencesignificant influence | 14/11/2023 |
Mr Hugo Alexander Warnock Individual · British · DOB 02/1976 · age 50 | — | — | sig. influencesignificant influence | 23/05/2017 |
Mr Donald Peter Bannister Individual · British · DOB 03/1953 · age 73 | — | — | sig. influencesignificant influence | 30/06/2016 |
Mrs Barbara Jill Poots Individual · British · DOB 05/1961 · age 65 | — | — | sig. influencesignificant influence | 30/06/2016 |
4 historic (ceased) PSCs
- Mr Acheson Harden John Glendinningceased 30/06/2025· significant influence
- Mr Robert Kyle Glendinningceased 22/01/2024· significant influence
- Mr Peter James Bannisterceased 25/08/2020· significant influence
- Mrs Janet Warnockceased 23/05/2017· significant influence
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
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|---|---|---|---|---|---|---|---|
| HERBERT PLACE PROPERTIES LTD→ NI717070 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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| HOGAN PROPERTIES (PARK AVENUE) LTD→ NI638008 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| HOLD CO 4416 LTD→ NI690002 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| HOLIDAY RENTALS (IRELAND) LIMITED→ NI656580 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| HOLLOWS LURGAN MANAGEMENT LIMITED - THE→ NI049943 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
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| HOLLYHILL LIMITED→ NI601357 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated1898-09-23
Jurisdictionnorthern-ireland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Glendinning House
6 Murray Street
Belfast
BT1 6DN
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-09-18
Last: 2025-09-04
Officers (7 active · 7 resigned)
BANNISTER, Donald Peter→
Activesecretary · appointed 2010-09-30
View their other companies + combined net worth →
BANNISTER, Donald Peter→
Activedirector · ~73y · appointed 2000-09-20
View their other companies + combined net worth →
COLEMAN, Sarah Adwowa→
Activedirector · ~52y · appointed 2023-11-14
View their other companies + combined net worth →
CUNNINGHAM, David Knox→
Activedirector · ~66y · appointed 2025-05-29
View their other companies + combined net worth →
GLENDINNING, Johnston Harden Graham, Dr→
Activedirector · ~56y · appointed 2024-04-18
View their other companies + combined net worth →
POOTS, Barbara Jill→
Activedirector · ~65y · appointed 2000-09-20
View their other companies + combined net worth →
WARNOCK, Hugo Alexander→
Activedirector · ~50y · appointed 2017-05-23
View their other companies + combined net worth →
BANNISTER, Peter James→
Resignedsecretary · resigned 2010-09-30
BANNISTER, Peter James→
Resigneddirector · ~101y · resigned 2020-08-25
GLENDINNING, Acheson Harden John→
Resigneddirector · ~80y · resigned 2025-06-30
GLENDINNING, Robert Kyle→
Resigneddirector · ~52y · appointed 2007-10-12 · resigned 2024-01-22
GLENDINNING, Robin→
Resigneddirector · ~88y · resigned 2007-10-12
MCCAUGHEY, John Donald→
Resigneddirector · ~97y · resigned 2014-08-28
WARNOCK, Janet→
Resigneddirector · ~85y · resigned 2017-05-23
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
5
Outstanding
3
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Governor and Company of the Bank of Ireland | A registered charge | — | 19/12/2018 | — | |
| outstanding | The Governor and Company of the Bank of Ireland | A registered charge | 1 property | 19/12/2018 | — | |
| satisfied | Bank of Ireland | Mortgage or charge | 1 property | 09/02/1993 | 27/06/1996 | |
| outstanding | Bank of Ireland | Mortgage or charge | 1 property | 12/12/1991 | — | |
| satisfied | Progressive Buld.Soc | Mortgage or charge | 1 property | 13/04/1959 | 20/11/1990 | |
| satisfied | Acheson Harden | Mortgage or charge | 1 property | 15/06/1934 | 09/08/1996 | |
| satisfied | Bank of Ireland | Mortgage or charge | 1 property | 11/08/1933 | 18/01/1939 | |
| outstanding | Bank of Ireland | Mortgage or charge | 1 property | 10/12/1931 | — | |
| outstanding | Charlotte E D | Mortgage or charge | 3 properties | 27/04/1931 | — | |
| satisfied | Bank of Ireland | Mortgage or charge | 1 property | 31/07/1912 | 05/05/1931 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (249 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-09-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-09
termination-director-company-with-name-termination-date
officers · TM01
2025-08-09
appoint-person-director-company-with-name-date
officers · AP01
2025-06-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-22
termination-director-company-with-name-termination-date
officers · TM01
2024-04-22
appoint-person-director-company-with-name-date
officers · AP01
2024-04-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-31