NOMINATIONS (GLASGOW) LIMITED

🌳Matureactive

SC029199 · private-limited-guarant-nsc · incorporated 1952-12-30

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 56.1y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Apr 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Solicitors

Sector: Professional, scientific & technical

Investor take

Pursue

Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 65/100. Strong seller-intent signal (63/100, director aged 72). Biggest value-creation lever: Discharge stale live charges. 4 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

4 live charges · 2 lenders · oldest 56.1y

50/100

clean up first

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

· Oldest live charge is 56.1 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 38/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (73/100)

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

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

72 officers (12 active, 72 linked, 67 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

5 connected companies via shared directors

Filing history

246 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-04-30	2024-04-30

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

Recent activity

Last 30 days

filings

Last 90 days

filings

• 4 officers

Last 180 days

filings

• 4 officers
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (123 events)Click to expand

2026-04-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-31
➖
LESLIE, Jacqueline resigned
director
2026-03-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-03-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-03-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-03-25
➕
MARTIN, Kathleen appointed
director
2026-03-25
➕
MCALPINE-SCOTT, Carole Matheson Gemmell appointed
director
2026-03-23
➕
KERR, Christopher James appointed
director
2025-12-24
📄
accounts-with-accounts-type-dormant
accounts · AA
2025-11-25
➖
CAMPBELL, Gary resigned
director
2025-11-25
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-08-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-31
➖
MUNRO, Donald John resigned
director
2024-12-24
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-01-16
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-12-21
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-06-30
➖
RUTHERFORD, Paul John William resigned
director
2022-06-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-02-25
📄
change-person-director-company-with-change-date
officers · CH01
2021-10-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-10-14
➕
MEEHAN, John Gerard appointed
director
2021-05-26
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-05-04
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-12-12
📄
change-person-director-company-with-change-date
officers · CH01
2019-10-07
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-07-13
➖
MONTEITH, Thomas William resigned
director
2018-01-14
➖
FULTON, Karen Elizabeth resigned
director
2017-11-24
➕
RUTHERFORD, Paul John William appointed
director
2017-10-27
➖
DOWLE, Christopher Jeremy resigned
director
2017-08-31
➖
FLETCHER, Frank William resigned
director
2017-02-21
➖
BROWN, Steven resigned
director
2015-12-15
➕
DOWLE, Christopher Jeremy appointed
director
2015-05-27
➕
HMS SECRETARIES LIMITED appointed
corporate-secretary
2015-05-27
➕
CRERAR, Lorne Donald appointed
director
2015-05-27
➕
MCINDOE, David appointed
director
2015-05-27
➕
SKINNER, Paula appointed
director
2015-05-27
➕
WATT, Jamie Douglas Sinclair appointed
director
2015-05-27
➖
FLETCHER, Frank William resigned
secretary
2015-05-27
➕
BROWN, Steven appointed
director
2015-05-27
➕
CAMPBELL, Gary appointed
director
2015-05-27
➕
LESLIE, Jacqueline appointed
director
2015-05-27
➕
MUNRO, Donald John appointed
director
2015-05-27
➖
WYLLIE, Douglas Malcolm, Dr resigned
director
2015-04-27
➕
DONCASTER, Julie appointed
director
2012-07-04
➕
WYLLIE, Douglas Malcolm, Dr appointed
director
2008-04-30
➖
MARSHALL, William Lawrence resigned
director
2008-02-08
➖
TALBOT, Elspeth Joyce resigned
director
2008-01-07
➕
NIVEN, Pamela Jane appointed
director
2006-05-01
➕
LANG, Karen appointed
director
2006-05-01
➕
FULTON, Karen Elizabeth appointed
director

Showing most recent 50 of 123 events

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-11 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

80/100

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 72 years old. Natural succession window is now.
primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·

3 director resignations in last 12 months

medium

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

Evidence: CAMPBELL, Gary resigned 2025-11-25; LESLIE, Jacqueline resigned 2026-03-31; MUNRO, Donald John resigned 2025-07-31

🔒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.

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Company details

Statusactive

Typeprivate-limited-guarant-nsc

Incorporated1952-12-30

Jurisdictionscotland

Primary SIC69102 — Solicitors

Registered office

The Ca'D'Oro

45 Gordon Street

Glasgow

G1 3PE

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2026-08-05

Last: 2025-07-22