GLASGOW TRUST, LIMITED

🌳Matureactive

SC019189 · ltd · incorporated 1936-06-20

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

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 54.6y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Non-trading company

Sector: Professional, scientific & technical

Investor take

Pursue

Strong opportunity: dormant / non-trading with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 80/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 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

1 live charge · oldest 54.6y

65/100

clean up first

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

· Oldest live charge is 54.6 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (61/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

20 officers (6 active, 20 linked, 15 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

23 connected companies via shared directors

Filing history

132 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

• 1 accounts
• 1 officers

Last 180 days

filings

• 1 accounts
• 1 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (50 events)Click to expand

2026-03-16
📄
accounts-with-accounts-type-dormant
accounts · AA
2026-03-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-02-23
➕
LEWIS, Katie appointed
director
2025-03-13
📄
accounts-with-accounts-type-dormant
accounts · AA
2025-03-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-03-04
➕
BORLAND, Donald William appointed
director
2025-03-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-02-28
➖
SCOTT, David John resigned
director
2025-01-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-01-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-01-01
➕
CONDIE, Alison appointed
director
2024-12-31
➖
MCLEOD, Douglas resigned
director
2024-10-30
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-26
📄
change-person-director-company-with-change-date
officers · CH01
2024-09-26
📄
change-person-director-company-with-change-date
officers · CH01
2024-03-18
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-02-20
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-05-25
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-04-08
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-01-31
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-01-23
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-02-08
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-01-24
➕
SMITH, Craig Robert appointed
director
2017-01-19
➖
COOPER, Neil resigned
director
2015-11-23
➕
COOPER, Neil appointed
director
2013-05-01
➕
SCOTT, David John appointed
director
2013-04-30
➖
WATSON, Anthony James resigned
director
2011-09-09
➕
BARRATT CORPORATE SECRETARIAL SERVICES LIMITED appointed
corporate-secretary
2010-12-31
➖
DENT, Laurence resigned
secretary
2010-01-01
➕
WATSON, Anthony James appointed
director
2009-11-20
➖
MCGHEE, Iain James resigned
director
2009-08-25
➕
CRAVEN, Suzanne appointed
director
2009-08-25
➕
MCGHEE, Iain James appointed
director
2009-07-21
➖
PAIN, Mark Andrew resigned
director
2009-05-11
➕
MCLEOD, Douglas appointed
director
2009-01-31
➖
BROADHEAD, David Robinson resigned
director
2006-04-27
➖
DEARLOVE, Colin Albert resigned
director
2006-03-01
➕
PAIN, Mark Andrew appointed
director
2001-01-01
➕
DENT, Laurence appointed
secretary
2000-12-31
➖
DEARLOVE, Colin Albert resigned
secretary
2000-05-01
➕
DEARLOVE, Colin Albert appointed
secretary
2000-04-30
➖
BROWN, Fred resigned
secretary
1992-12-01
➕
DEARLOVE, Colin Albert appointed
director
1992-10-30
➖
JAMES, Robert William Rennie resigned
director
1991-11-29
➕
BROWN, Fred appointed
secretary
1991-11-29
➖
WRIGHT, Branton resigned
secretary
1991-11-27
➕
BROADHEAD, David Robinson appointed
director
1991-11-27
➖
TERRY, John resigned
director
1971-09-09
🔒
Charge registered #1
Lender: Midlothian County Council
1936-06-20
🏢
Company incorporated
As GLASGOW TRUST, LIMITED

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

53/100

Moderate signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
secondary12+ year tenure: Director in role 17 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

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

🏛️

E. Barker Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

GLASGOW TRUST, LIMITED

This company · SC019189

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
E. Barker Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

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

Active · Holding company · ML postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
SMITHS HOTEL LTD→ SC249368 · est 2003	£1.35M £1.15M–£1.55M	—	£1.35M	—	22y	83	59y
LINEAR UK GROUP LIMITED→ SC607571 · est 2018	—	—	—	—	7y	84	59y
BARRATT TRADE AND PROPERTY COMPANY LIMITED→ SC009489 · est 1915 · no financials extracted	—	—	—	—	110y	82	60y
DONALD MCLAREN HOLDINGS LIMITED→ SC240577 · est 2002 · no financials extracted	—	—	—	—	23y	82	88y
E.G. STEELE HOLDINGS LIMITED→ SC389896 · est 2010	—	—	—	0	15y	82	71y
FIREDRIVER DIESEL ENGINES LIMITED→ SC099844 · est 1986	—	—	—	—	39y	82	80y
SCOTHOMES LIMITED→ SC043207 · est 1966 · no financials extracted	—	—	—	—	60y	82	60y
P&AS INVESTMENTS LTD→ SC807774 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
PARK NORTH COMMERCIAL PROPERTY LTD→ SC822287 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
STRAUN GROUP LTD→ SC880183 · est 2026 · no financials extracted	—	—	—	—	—	—	—
SWEET HOME (SCOTLAND) LIMITED→ SC854494 · est 2025 · no financials extracted	—	—	—	—	—	—	—
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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.

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Company details

Statusactive

Typeltd

Incorporated1936-06-20

Jurisdictionscotland

Primary SIC74990 — Non-trading company

Registered office

Third Floor, Building 7 Maxim Office Park

Parklands Avenue

Holytown

Motherwell

ML1 4WQ

United Kingdom

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-12-08

Last: 2025-11-24