GILLIES OF BROUGHTY FERRY LIMITED

🌳Matureactive
SC026803 · ltd · incorporated 1949-01-26
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
—
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Conservative operator with a 73-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (73/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

8 live charges · 4 lenders · oldest 39.2y

45/100
clean up first

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

  • · Oldest live charge is 39.2 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: high (86/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
15 officers (8 active, 15 linked, 12 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
142 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £1,299,998

Key financials

3 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Aug 2023Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-08-312024-08-312023-08-31
Profit before tax£1.30M£1.12M£2.05M
Average employees2001980020100

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
  1. 2026-05-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-05-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2024-05-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2023-06-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2023-06-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-05-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2022-05-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2021-05-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2020-05-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2020-05-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2019-05-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2018-05-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2017-05-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2016-05-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2016-05-25
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  16. 2016-03-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2016-03-01
    ➕
    RODGERS, Thomas Patrick appointed
    secretary
  18. 2016-03-01
    ➕
    RODGERS, Thomas Patrick appointed
    director
  19. 2016-02-29
    ➖
    MAHADY, Elizabeth More Feely resigned
    secretary
  20. 2016-02-29
    ➖
    MAHADY, Elizabeth More Feely resigned
    director
  21. 2016-02-29
    ➖
    WELLS, Michael resigned
    director
  22. 2016-01-01
    ➕
    PHILP, Christopher appointed
    director
  23. 2014-01-10
    🔓
    Charge satisfied #8
  24. 2014-01-10
    🔓
    Charge satisfied #7
  25. 2014-01-10
    🔓
    Charge satisfied #6
  26. 2014-01-10
    🔓
    Charge satisfied #5
  27. 2014-01-10
    🔓
    Charge satisfied #4
  28. 2014-01-10
    🔓
    Charge satisfied #1
  29. 2012-02-01
    ➕
    WEBSTER, Euan Stewart appointed
    director
  30. 2012-01-31
    ➖
    PHILP, John David Kiddie resigned
    director
  31. 2011-09-01
    ➕
    PHILP, David Andrew appointed
    director
  32. 2011-09-01
    ➕
    PHILP, Ewan Gillies appointed
    director
  33. 2007-04-30
    ➖
    PHILP, Sheila Margaret resigned
    director
  34. 2005-12-01
    🔒
    Charge registered #8
    Lender: J W Muir (Property Investments) Limited
  35. 2002-07-26
    🔒
    Charge registered #7
    Lender: Shell U.K. Limited
  36. 2001-08-31
    🔒
    Charge registered #6
    Lender: J W Muir (Property Investments) Limited
  37. 2001-05-07
    ➕
    MAHADY, Elizabeth More Feely appointed
    director
  38. 2000-05-29
    🔒
    Charge registered #5
    Lender: J W Muir (Property Investments) Limited
  39. 2000-05-01
    ➕
    MAHADY, Elizabeth More Feely appointed
    secretary
  40. 2000-05-01
    ➖
    PHILP, Ian Robert Gillies resigned
    secretary
  41. 2000-05-01
    ➕
    WELLS, Michael appointed
    director
  42. 2000-03-31
    ➖
    LORNIE, James Gillies resigned
    director
  43. 1999-02-03
    🔒
    Charge registered #4
    Lender: J W Muir (Property Investments) Limited
  44. 1996-02-15
    🔓
    Charge satisfied #3
  45. 1994-11-25
    🔒
    Charge registered #3
    Lender: J W Muir (Property Investments) Limited
  46. 1994-11-09
    🔓
    Charge satisfied #2
  47. 1993-11-30
    🔒
    Charge registered #2
    Lender: J.W. Muir (Property Investments) Limited
  48. 1987-03-16
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  49. 1949-01-26
    🏢
    Company incorporated
    As GILLIES OF BROUGHTY FERRY LIMITED

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • -7 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 73 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 73 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 77 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 ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Ewan Gillies Philp
Individual · British · DOB 05/1987 · age 39
25–50%
25–50%25-50% shares · 25-50% voting23/03/2023
1 historic (ceased) PSC
  • Mrs Sheila Margaret Philpceased 23/03/2023· 50-75% shares · 50-75% voting

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
Incorporated1949-01-26
Jurisdictionscotland
Primary SIC47599 — Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores

Registered office

180 Brook Street
Broughty Ferry
Dundee
DD5 2AJ

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-06-01
Last: 2025-05-18

Officers (8 active · 7 resigned)

RODGERS, Thomas Patrick→
secretary · appointed 2016-03-01
View their other companies + combined net worth →
Active
PHILP, Alistair David→
director · ~66y
View their other companies + combined net worth →
Active
PHILP, Christopher→
director · ~39y · appointed 2016-01-01
View their other companies + combined net worth →
Active
PHILP, David Andrew→
director · ~41y · appointed 2011-09-01
View their other companies + combined net worth →
Active
PHILP, Ewan Gillies→
director · ~39y · appointed 2011-09-01
View their other companies + combined net worth →
Active
PHILP, Ian Robert Gillies→
director · ~69y
View their other companies + combined net worth →
Active
RODGERS, Thomas Patrick→
director · ~62y · appointed 2016-03-01
View their other companies + combined net worth →
Active
WEBSTER, Euan Stewart→
director · ~73y · appointed 2012-02-01
View their other companies + combined net worth →
Active
MAHADY, Elizabeth More Feely→
secretary · appointed 2000-05-01 · resigned 2016-02-29
Resigned
PHILP, Ian Robert Gillies→
secretary · resigned 2000-05-01
Resigned
LORNIE, James Gillies→
director · ~91y · resigned 2000-03-31
Resigned
MAHADY, Elizabeth More Feely→
director · ~69y · appointed 2001-05-07 · resigned 2016-02-29
Resigned
PHILP, John David Kiddie→
director · ~95y · resigned 2012-01-31
Resigned
PHILP, Sheila Margaret→
director · ~91y · resigned 2007-04-30
Resigned
WELLS, Michael→
director · ~73y · appointed 2000-05-01 · resigned 2016-02-29
Resigned

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

Mortgages & charges

8
Total charges
0
Outstanding
0
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
satisfied
J W Muir (Property Investments)
J W Muir (Property Investments) Limited
Standard security2 properties01/12/200510/01/2014
satisfied
Shell U.K.
Shell U.K. Limited
Standard security1 property26/07/200210/01/2014
satisfied
J W Muir (Property Investments)
J W Muir (Property Investments) Limited
Standard security1 property31/08/200110/01/2014
satisfied
J W Muir (Property Investments)
J W Muir (Property Investments) Limited
Standard security1 property29/05/200010/01/2014
satisfied
J W Muir (Property Investments)
J W Muir (Property Investments) Limited
Standard security1 property03/02/199910/01/2014
satisfied
J W Muir (Property Investments)
J W Muir (Property Investments) Limited
Standard security1 property25/11/199415/02/1996
satisfied
J.W. Muir (Property Investments)
J.W. Muir (Property Investments) Limited
Standard security1 property30/11/199309/11/1994
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Letter of postponement1 property16/03/198710/01/2014

Recent filings (142 total)

accounts-with-accounts-type-full
accounts · AA
2026-05-07
accounts-with-accounts-type-full
accounts · AA
2025-05-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-31
accounts-with-accounts-type-full
accounts · AA
2024-05-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-06-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-06-01
accounts-with-accounts-type-full
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-30
accounts-with-accounts-type-full
accounts · AA
2022-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-26
accounts-with-accounts-type-full
accounts · AA
2021-05-26
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-29
change-person-director-company-with-change-date
officers · CH01
2020-05-29