G.L.M.ROMANES LIMITED

🌳Matureactive
SC063993 · ltd · incorporated 1978-01-31
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 26.4y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Dispensing chemist in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Conservative operator with a 70-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 26.4y

80/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 26.4 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: high (80/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
10 officers (5 active, 10 linked, 6 with DOB)
82
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
111 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
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £99,836
Turned profitable
Returned to profit this year

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Profit before tax£99.8k£-206.9k
Average employees97009600

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

🔒Filing-note intelligence

2 signals 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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-12-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2025-12-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-12-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-11-25
    📄
    memorandum-articles
    incorporation · MA
  5. 2025-09-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2025-01-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2024-05-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-01-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2024-01-15
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2024-01-15
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  11. 2023-02-01
    ➕
    ROMANES, David John appointed
    secretary
  12. 2023-02-01
    ➖
    ROMANES, Marion Elliot resigned
    secretary
  13. 2023-01-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2022-03-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2022-03-01
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  16. 2022-01-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2021-04-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  18. 2020-01-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  19. 2019-01-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  20. 2018-11-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2018-11-06
    🔓
    Charge satisfied #1
  22. 2004-08-20
    ➕
    GILLIES, Fiona Mary appointed
    director
  23. 2004-08-20
    ➕
    ROMANES, David John appointed
    director
  24. 2004-04-07
    ➖
    ROMANES, Shiela Agnes Bowie resigned
    director
  25. 2000-02-24
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  26. 1991-07-01
    ➕
    ROMANES, Marion Elliot appointed
    director
  27. 1991-07-01
    ➕
    ROMANES, Marion Elliot appointed
    secretary
  28. 1991-05-03
    ➖
    ROMANES, George Lorimer Manners resigned
    secretary
  29. 1991-05-03
    ➖
    ROMANES, George Lorimer Manners resigned
    director
  30. 1989-10-01
    ➖
    FALL, Edgar resigned
    director
  31. 1978-01-31
    🏢
    Company incorporated
    As G.L.M.ROMANES LIMITED

Owner dependency

88/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder name in company name: Company name contains director surname "ROMANES" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 70 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 48 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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mrs Marion Elliot Romanes
Individual · British · DOB 07/1958 · age 68
—25–50%25-50% voting06/04/2016
3 historic (ceased) PSCs
  • Mrs Fiona Mary Gilliesceased 21/11/2025· 25-50% shares
  • Mr George Lorimer Manners Romanesceased 21/11/2025· 25-50% voting
  • Mr David John Romanesceased 21/11/2025· 25-50% shares

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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£3.79M—70026y8668y
MILESTONE GARDEN & LEISURE LIMITED→
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£71.3k
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——5521y8359y
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———716y8365y
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SC061852 · est 1977
——£1.06M—49y8361y
AGRIPARTS (BORDERS) LIMITED→
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————30y8279y
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03457637 · est 1997
——£14.2k—28y8269y
J & K MCNEILL LIMITED→
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————21y8258y
MEG MAITLAND LTD→
09028892 · est 2014 · no financials extracted
————11y——
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14742188 · est 2023 · no financials extracted
————3y——
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14469231 · est 2022 · no financials extracted
————3y——
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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
Incorporated1978-01-31
Jurisdictionscotland
Primary SIC47730 — Dispensing chemist in specialised stores

Registered office

1-3 Market Square
Duns
Berwickshire
TD11 3DB
United Kingdom

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-12-01
Last: 2025-11-17

Officers (5 active · 5 resigned)

ROMANES, David John→
secretary · appointed 2023-02-01
View their other companies + combined net worth →
Active
GILLIES, Fiona Mary→
director · ~40y · appointed 2004-08-20
View their other companies + combined net worth →
Active
ROMANES, David John→
director · ~42y · appointed 2004-08-20
View their other companies + combined net worth →
Active
ROMANES, George Lorimer Manners→
director · ~70y
View their other companies + combined net worth →
Active
ROMANES, Marion Elliot→
director · ~68y · appointed 1991-07-01
View their other companies + combined net worth →
Active
ROMANES, George Lorimer Manners→
secretary · resigned 1991-05-03
Resigned
ROMANES, Marion Elliot→
secretary · appointed 1991-07-01 · resigned 2023-02-01
Resigned
FALL, Edgar→
director · resigned 1989-10-01
Resigned
ROMANES, George Lorimer Manners→
director · ~70y · resigned 1991-05-03
Resigned
ROMANES, Shiela Agnes Bowie→
director · ~101y · resigned 2004-04-07
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge—01/03/2022—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property24/02/200006/11/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (111 total)

cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-05
memorandum-articles
incorporation · MA
2025-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-17
accounts-with-accounts-type-full
accounts · AA
2025-09-19
accounts-with-accounts-type-full
accounts · AA
2025-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-14
accounts-with-accounts-type-full
accounts · AA
2024-01-31
termination-secretary-company-with-name-termination-date
officers · TM02
2024-01-15
appoint-person-secretary-company-with-name-date
officers · AP03
2024-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-11
accounts-with-accounts-type-full
accounts · AA
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-05