WILCOR PROPERTY COMPANY (GLASGOW) LIMITED

🌳Matureactive
SC066536 · ltd · incorporated 1978-12-05
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 41.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£571.8k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Asset-holding vehicle with a 62-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 85/100. Strong seller-intent signal (65/100, director aged 62). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · oldest 41.7y

85/100
ready

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

  • · Oldest live charge is 41.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 23/100 — clean.

Data confidence

Overall: medium (72/100)

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
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 8 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
110 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
75/100Strong
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
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £571,797
Cash YoY
+73%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£60k
↑ 73% YoY
Net Worth
£572k
↑ 4.8% YoY
Current Assets
£61k
↑ 73% YoY
Current Liabilities
—
£0£114k£229k£343k£457k£572kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-042023-12-04
Total assets£667.2k£641.0k
Current assets£60.7k£35.0k
Cash£59.7k£34.5k
Debtors£1.1k£450
Net assets£571.8k£545.5k

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
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2025-09-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2025-09-23
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  3. 2025-09-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-09-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-09-15
    ➖
    CORRIGAN, Bernard Gerard resigned
    secretary
  6. 2025-09-15
    ➖
    CORRIGAN, Bernard Gerard resigned
    director
  7. 2025-09-15
    ➖
    CORRIGAN, Mary resigned
    director
  8. 2025-09-15
    ➖
    CORRIGAN, Sean resigned
    director
  9. 2025-07-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2025-02-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2024-12-09
    ➖
    WILLIAMSON, Sheila Ellen Sibbald resigned
    director
  12. 2024-06-12
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2024-06-12
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2024-06-12
    🔓
    Charge satisfied #3
  15. 2024-06-12
    🔓
    Charge satisfied #2
  16. 2024-05-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2023-05-24
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  18. 2023-05-12
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  19. 2023-04-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2023-02-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2022-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2022-06-25
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  23. 2022-06-21
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  24. 2021-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2020-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2018-05-05
    ➕
    WILLIAMSON, Sheila Ellen Sibbald appointed
    director
  27. 2018-04-03
    ➕
    SNEDDEN, Eileen appointed
    director
  28. 2018-04-03
    ➕
    CORRIGAN, Mary appointed
    director
  29. 2018-04-02
    ➕
    WILLIAMSON, Allan appointed
    director
  30. 2017-06-28
    ➖
    WILLIAMSON, David Cunningham resigned
    director
  31. 2002-08-27
    ➕
    CORRIGAN, Bernard Gerard appointed
    director
  32. 2002-08-27
    ➕
    CORRIGAN, Sean appointed
    director
  33. 2001-10-31
    ➖
    CORRIGAN, Bernard resigned
    director
  34. 1991-07-12
    🔓
    Charge satisfied #1
  35. 1990-03-21
    ➕
    CORRIGAN, Bernard Gerard appointed
    secretary
  36. 1990-03-21
    ➖
    DAVIES, Jean resigned
    secretary
  37. 1985-07-31
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  38. 1985-07-31
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  39. 1984-09-03
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  40. 1978-12-05
    🏢
    Company incorporated
    As WILCOR PROPERTY COMPANY (GLASGOW) LIMITED

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 47 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 med ·
4 director resignations in last 12 months
medium

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

Evidence: CORRIGAN, Bernard Gerard resigned 2025-09-15; CORRIGAN, Bernard Gerard resigned 2025-09-15; CORRIGAN, Mary resigned 2025-09-15

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.

🔒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

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1978-12-05
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

26 Dalkeith Avenue
Glasgow
G41 5BN
Scotland

Filing status

Accounts
Next due: 2026-09-04
Last made up to: 2024-12-04
Confirmation statement
Next due: 2027-04-18
Last: 2026-04-04

Officers (2 active · 8 resigned)

SNEDDEN, Eileen→
director · ~62y · appointed 2018-04-03
View their other companies + combined net worth →
Active
WILLIAMSON, Allan→
director · ~48y · appointed 2018-04-02
View their other companies + combined net worth →
Active
CORRIGAN, Bernard Gerard→
secretary · appointed 1990-03-21 · resigned 2025-09-15
Resigned
DAVIES, Jean→
secretary · resigned 1990-03-21
Resigned
CORRIGAN, Bernard Gerard→
director · ~60y · appointed 2002-08-27 · resigned 2025-09-15
Resigned
CORRIGAN, Bernard→
director · ~96y · resigned 2001-10-31
Resigned
CORRIGAN, Mary→
director · ~56y · appointed 2018-04-03 · resigned 2025-09-15
Resigned
CORRIGAN, Sean→
director · ~59y · appointed 2002-08-27 · resigned 2025-09-15
Resigned
WILLIAMSON, David Cunningham→
director · ~82y · resigned 2017-06-28
Resigned
WILLIAMSON, Sheila Ellen Sibbald→
director · ~84y · appointed 2018-05-05 · resigned 2024-12-09
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property31/07/198512/06/2024
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property31/07/198512/06/2024
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property03/09/198412/07/1991

Recent filings (110 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-08
termination-director-company-with-name-termination-date
officers · TM01
2025-09-23
termination-secretary-company-with-name-termination-date
officers · TM02
2025-09-23
termination-director-company-with-name-termination-date
officers · TM01
2025-09-23
termination-director-company-with-name-termination-date
officers · TM01
2025-09-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-07
termination-director-company-with-name-termination-date
officers · TM01
2025-02-26
mortgage-satisfy-charge-full
mortgage · MR04
2024-06-12
mortgage-satisfy-charge-full
mortgage · MR04
2024-06-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-04
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2023-05-24
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2023-05-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-09