GCBW CATRINE LTD

🌳Matureactive
SC022403 · ltd · incorporated 1943-05-18
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 51.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: SIC 46342
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 74). 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

2 live charges · oldest 51.6y

65/100
clean up first

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

  • · Oldest live charge is 51.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — 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
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
11 officers (4 active, 11 linked, 9 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
129 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-12-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-04-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2024-03-26
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2023-06-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2023-06-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2023-05-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2022-05-04
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2021-04-08
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2020-01-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2018-12-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2018-01-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2017-07-11
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2017-03-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  14. 2017-03-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  15. 2016-04-11
    📄
    capital-allotment-shares
    capital · SH01
  16. 2014-05-26
    ➖
    DOUGLAS, Alan Ruthven resigned
    director
  17. 2007-12-15
    ➖
    SCOTT, Irene resigned
    director
  18. 2003-06-30
    ➖
    BULLOCH, Alexander resigned
    director
  19. 2000-12-15
    ➖
    TAYLOR, Graham Russell resigned
    director
  20. 1999-10-01
    ➕
    JAGIELKO, Henry John appointed
    secretary
  21. 1999-10-01
    ➕
    JAGIELKO, Henry John appointed
    director
  22. 1993-07-20
    ➕
    DOUGLAS, Alan Ruthven appointed
    director
  23. 1991-09-26
    ➕
    BULLOCH, Carol Anne appointed
    director
  24. 1991-08-30
    ➖
    READER, Catherine resigned
    director
  25. 1991-08-09
    ➖
    BARCLAY, Colin Shields resigned
    director
  26. 1990-08-08
    ➖
    READER, Catherine resigned
    secretary
  27. 1987-11-25
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  28. 1974-09-27
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  29. 1943-05-18
    🏢
    Company incorporated
    As GCBW CATRINE LTD

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

90/100
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 74 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 83 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

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

Group structure

Aba Eaglesham Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Aba Eaglesham Ltd
Corporate parent · holds 75-100% shares
ultimate parent
⬇
GCBW CATRINE LTD
This company · SC022403

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%
NameSharesVoting rightsNature of controlNotified
Aba Eaglesham Ltd
Corporate entity
75–100%
75–100%sig. influence75-100% shares · 75-100% voting · significant influence06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated1943-05-18
Jurisdictionscotland
Primary SIC46342 — SIC 46342

Registered office

1 Anthony Road
Largs
Ayrshire
KA30 8EQ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-24
Last: 2025-07-10

Officers (4 active · 7 resigned)

JAGIELKO, Henry John→
secretary · appointed 1999-10-01
View their other companies + combined net worth →
Active
BULLOCH, Carol Anne→
director · ~70y · appointed 1991-09-26
View their other companies + combined net worth →
Active
JAGIELKO, Henry John→
director · ~74y · appointed 1999-10-01
View their other companies + combined net worth →
Active
REYNOLDS, Alexander→
director · ~71y
View their other companies + combined net worth →
Active
READER, Catherine→
secretary · resigned 1990-08-08
Resigned
BARCLAY, Colin Shields→
director · ~68y · resigned 1991-08-09
Resigned
BULLOCH, Alexander→
director · ~99y · resigned 2003-06-30
Resigned
DOUGLAS, Alan Ruthven→
director · ~74y · appointed 1993-07-20 · resigned 2014-05-26
Resigned
READER, Catherine→
director · ~97y · resigned 1991-08-30
Resigned
SCOTT, Irene→
director · ~97y · resigned 2007-12-15
Resigned
TAYLOR, Graham Russell→
director · ~70y · resigned 2000-12-15
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property25/11/1987—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property27/09/1974—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (129 total)

accounts-with-accounts-type-small
accounts · AA
2025-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-16
accounts-with-accounts-type-small
accounts · AA
2025-04-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-15
accounts-with-accounts-type-small
accounts · AA
2024-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-17
gazette-filings-brought-up-to-date
gazette · DISS40
2023-06-03
accounts-with-accounts-type-small
accounts · AA
2023-06-02
gazette-notice-compulsory
gazette · GAZ1
2023-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-21
accounts-with-accounts-type-small
accounts · AA
2022-05-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-23
accounts-with-accounts-type-small
accounts · AA
2021-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-23
accounts-with-accounts-type-small
accounts · AA
2020-01-03