GALLOWAY & MACLEOD LIMITED
- · Oldest live charge 58.6y old — refinance window within 12 months
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
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (38 events)Click to expand
- 2025-11-19📄accounts-with-accounts-type-smallaccounts · AA
- 2025-09-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-23📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-09-11➖TAYLOR, Ian resigneddirector
- 2025-05-30➖ALLAN, Mairi Young resignedsecretary
- 2024-12-11📄accounts-with-accounts-type-smallaccounts · AA
- 2023-10-27📄accounts-with-accounts-type-fullaccounts · AA
- 2023-05-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-05-18🔒Charge registered #3Lender: Barclays Bank PLC
- 2023-01-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-12-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-10-19📄accounts-with-accounts-type-fullaccounts · AA
- 2021-11-02📄accounts-with-accounts-type-smallaccounts · AA
- 2020-11-12📄accounts-with-accounts-type-fullaccounts · AA
- 2020-10-01📄memorandum-articlesincorporation · MA
- 2020-10-01📄resolutionresolution · RESOLUTIONS
- 2019-11-05📄accounts-with-accounts-type-fullaccounts · AA
- 2018-11-07📄accounts-with-accounts-type-fullaccounts · AA
- 2017-11-20📄accounts-with-accounts-type-fullaccounts · AA
- 2017-08-07➕ALLAN, Mairi Young appointedsecretary
- 2017-07-31➖MACLEOD, John Thomson resignedsecretary
- 2017-07-31➖MACLEOD, John Thomson resigneddirector
- 2017-06-26➕ALLISON, Russell appointeddirector
- 2016-08-29➖MEADE, Gillian Rosemary resigneddirector
- 2011-06-28➖MACLEOD, Anne Hamilton Barrie resigneddirector
- 2010-12-01➕HARVEY, Donald Fulton appointeddirector
- 2010-12-01➕MEADE, Gillian Rosemary appointeddirector
- 2010-12-01➕TAYLOR, Ian appointeddirector
- 2010-11-29➕MACLEOD, Anne Hamilton Barrie appointeddirector
- 2010-11-29➖MACLEOD, Anne Hamilton Barrie resigneddirector
- 1996-12-12➕MACLEOD, Anne Hamilton Barrie appointeddirector
- 1996-12-12➖MACLEOD, George Ross resigneddirector
- 1990-05-31➕MACLEOD, John Thomson appointedsecretary
- 1990-05-31➖WILSON, Carolyn Plenderleith resignedsecretary
- 1989-05-04➖MACLEOD, George resigneddirector
- 1969-01-16🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 1967-10-05🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1921-05-10🏢Company incorporatedAs GALLOWAY & MACLEOD LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- 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 ·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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ralph Hector Macleod Individual · Scottish · DOB 03/1949 · age 77 | — | — | sig. influencesignificant influence | 17/12/2016 |
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.
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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 (3 active · 10 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 18/05/2023 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 16/01/1969 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Bond of cash credit & floating charge | 1 property | 05/10/1967 | — |