GALLOWAY & MACLEOD LIMITED

🌳Matureactive
SC011719 · ltd · incorporated 1921-05-10
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 58.6y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 46210
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 79/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 58.6y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 58.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (58/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
13 officers (3 active, 13 linked, 9 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
132 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2025-11-19
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-09-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-09-23
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  4. 2025-09-11
    TAYLOR, Ian resigned
    director
  5. 2025-05-30
    ALLAN, Mairi Young resigned
    secretary
  6. 2024-12-11
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2023-10-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2023-05-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2023-05-18
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  10. 2023-01-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2022-12-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2022-10-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2021-11-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2020-11-12
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2020-10-01
    📄
    memorandum-articles
    incorporation · MA
  16. 2020-10-01
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2019-11-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2018-11-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2017-11-20
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2017-08-07
    ALLAN, Mairi Young appointed
    secretary
  21. 2017-07-31
    MACLEOD, John Thomson resigned
    secretary
  22. 2017-07-31
    MACLEOD, John Thomson resigned
    director
  23. 2017-06-26
    ALLISON, Russell appointed
    director
  24. 2016-08-29
    MEADE, Gillian Rosemary resigned
    director
  25. 2011-06-28
    MACLEOD, Anne Hamilton Barrie resigned
    director
  26. 2010-12-01
    HARVEY, Donald Fulton appointed
    director
  27. 2010-12-01
    MEADE, Gillian Rosemary appointed
    director
  28. 2010-12-01
    TAYLOR, Ian appointed
    director
  29. 2010-11-29
    MACLEOD, Anne Hamilton Barrie appointed
    director
  30. 2010-11-29
    MACLEOD, Anne Hamilton Barrie resigned
    director
  31. 1996-12-12
    MACLEOD, Anne Hamilton Barrie appointed
    director
  32. 1996-12-12
    MACLEOD, George Ross resigned
    director
  33. 1990-05-31
    MACLEOD, John Thomson appointed
    secretary
  34. 1990-05-31
    WILSON, Carolyn Plenderleith resigned
    secretary
  35. 1989-05-04
    MACLEOD, George resigned
    director
  36. 1969-01-16
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  37. 1967-10-05
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  38. 1921-05-10
    🏢
    Company incorporated
    As GALLOWAY & MACLEOD LIMITED

Owner dependency

90/100
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
  • +Founder name in company name: Company name contains director surname "MACLEOD" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.

Succession & seller-readiness

83/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 105 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

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: ALLAN, Mairi Young resigned 2025-05-30; TAYLOR, Ian resigned 2025-09-11

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Ralph Hector Macleod
Individual · Scottish · DOB 03/1949 · age 77
sig. influencesignificant influence17/12/2016
1 historic (ceased) PSC
  • Mr Ralph Hector Macleodceased 19/12/2022· 25-50% shares · 25-50% voting · board control · significant influence · trust interest · 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

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
Incorporated1921-05-10
Jurisdictionscotland
Primary SIC46210 — SIC 46210

Registered office

King Street
Stonehouse
South Lanarkshire
ML9 3EH

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-12-31
Last: 2025-12-17

Officers (3 active · 10 resigned)

ALLISON, Russell
director · ~45y · appointed 2017-06-26
View their other companies + combined net worth →
Active
HARVEY, Donald Fulton
director · ~57y · appointed 2010-12-01
View their other companies + combined net worth →
Active
MACLEOD, Ralph Hector
director · ~77y
View their other companies + combined net worth →
Active
ALLAN, Mairi Young
secretary · appointed 2017-08-07 · resigned 2025-05-30
Resigned
MACLEOD, John Thomson
secretary · appointed 1990-05-31 · resigned 2017-07-31
Resigned
WILSON, Carolyn Plenderleith
secretary · resigned 1990-05-31
Resigned
MACLEOD, Anne Hamilton Barrie
director · ~74y · appointed 2010-11-29 · resigned 2011-06-28
Resigned
MACLEOD, Anne Hamilton Barrie
director · ~74y · appointed 1996-12-12 · resigned 2010-11-29
Resigned
MACLEOD, George Ross
director · ~68y · resigned 1996-12-12
Resigned
MACLEOD, George
director · resigned 1989-05-04
Resigned
MACLEOD, John Thomson
director · ~69y · resigned 2017-07-31
Resigned
MEADE, Gillian Rosemary
director · ~58y · appointed 2010-12-01 · resigned 2016-08-29
Resigned
TAYLOR, Ian
director · ~59y · appointed 2010-12-01 · resigned 2025-09-11
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
A registered charge18/05/2023
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property16/01/1969
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Bond of cash credit & floating charge1 property05/10/1967
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (132 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-23
accounts-with-accounts-type-small
accounts · AA
2025-11-19
termination-director-company-with-name-termination-date
officers · TM01
2025-09-23
termination-secretary-company-with-name-termination-date
officers · TM02
2025-09-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-19
accounts-with-accounts-type-small
accounts · AA
2024-12-11
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-18
accounts-with-accounts-type-full
accounts · AA
2023-10-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-05-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-01-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-19
accounts-with-accounts-type-full
accounts · AA
2022-10-19
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-20
accounts-with-accounts-type-small
accounts · AA
2021-11-02