JOHN GLOVER (TRACTORS) LIMITED

⚰️Wound downdissolved
SC074650 · ltd · incorporated 1981-04-29
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 44.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
62/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 0141
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 5114SIC 5114
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 81). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

5 live charges · 2 lenders · oldest 44.7y

50/100
clean up first

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

  • · Oldest live charge is 44.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: low (47/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
12 officers (2 active, 12 linked, 9 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
89 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

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 (50 events)Click to expand
  1. 2010-05-07
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2010-05-07
    🏁
    Company dissolved
  3. 2010-01-15
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2008-05-08
    📍
    legacy
    address · 287
  5. 2008-05-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  6. 2008-05-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  7. 2007-06-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2007-06-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2007-05-15
    📍
    legacy
    address · 287
  10. 2007-05-15
    📄
    legacy
    officers · 288a
  11. 2006-03-15
    📄
    legacy
    gazette · DISS6
  12. 2006-01-13
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2005-06-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2004-08-02
    ➕
    THAIN, John Mitchell appointed
    secretary
  15. 2004-02-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2002-11-26
    📄
    legacy
    annual-return · 363s
  17. 2002-11-08
    📄
    legacy
    officers · 288b
  18. 2002-11-02
    📄
    legacy
    officers · 288b
  19. 2002-05-12
    ➖
    WALLACE, John Jerome Bruce resigned
    director
  20. 2002-04-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2001-06-01
    📄
    legacy
    annual-return · 363s
  22. 2001-04-18
    📄
    legacy
    officers · 288b
  23. 2001-04-12
    ➖
    GLOVER, Merryl resigned
    secretary
  24. 2001-04-12
    ➖
    GLOVER, Merryl resigned
    director
  25. 2001-04-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  26. 2001-02-06
    📄
    legacy
    annual-return · 363s
  27. 2000-06-22
    📄
    legacy
    capital · 88(2)R
  28. 2000-06-22
    📄
    resolution
    resolution · RESOLUTIONS
  29. 2000-06-22
    📄
    legacy
    capital · 123
  30. 1999-12-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  31. 1998-03-17
    🔒
    Charge registered #5
    Lender: The Governor and Company of the Bank of Scotland
  32. 1997-12-04
    🔓
    Charge satisfied #4
  33. 1996-10-04
    🔒
    Charge registered #4
    Lender: Gordon Forbes Construction (Elgin) Limited
  34. 1994-05-09
    ➕
    GLOVER, Merryl appointed
    director
  35. 1994-01-19
    🔓
    Charge satisfied #1
  36. 1993-10-14
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  37. 1992-07-03
    ➖
    BUCHANAN, Eileen resigned
    director
  38. 1992-07-03
    ➖
    BUCHANAN, Ewan Craig Barr resigned
    director
  39. 1992-07-03
    ➖
    GRANT, Peter resigned
    director
  40. 1992-07-03
    ➖
    WATSON, William Derek resigned
    director
  41. 1992-07-02
    ➕
    GLOVER, John Winston Bruce appointed
    director
  42. 1992-07-02
    ➕
    GLOVER, Merryl appointed
    secretary
  43. 1992-07-02
    ➕
    WALLACE, John Jerome Bruce appointed
    director
  44. 1992-06-22
    ➖
    FRASER & PARTNERS(BUSINESS MANAGERS)LIMITED resigned
    corporate-secretary
  45. 1991-11-22
    ➖
    HARVEY, Graham Robertson resigned
    director
  46. 1991-11-22
    ➕
    WATSON, William Derek appointed
    director
  47. 1991-03-22
    ➖
    DOW, Alexander resigned
    director
  48. 1981-11-25
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  49. 1981-09-23
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  50. 1981-04-29
    🏢
    Company incorporated
    As JOHN GLOVER (TRACTORS) LIMITED

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "GLOVER" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 81 — succession pressure is live.

Succession & seller-readiness

100/100
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 81 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 45 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 high · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2010-05-07

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.

Similar companies

Active · Agriculture · DG postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BALGREGGAN FARMS LIMITED→
SC251076 · est 2003
£1.55M
£1.19M–£1.91M
——722y8261y
LARG FARMING COMPANY LIMITED→
SC247253 · est 2003
———123y8389y
A & J MURCHIE LIMITED→
SC295564 · est 2006
———90020y8260y
A H S DRUMMOND (GLENSIDE) LIMITED→
SC324103 · est 2007
——£660.6k—18y8284y
A. LOCHHEAD FISHING COMPANY LIMITED→
SC328174 · est 2007
——£63.6k—18y8267y
ALLAN SMITH FENCING & FORESTRY LIMITED→
SC287999 · est 2005
———220y8271y
CRAIGADAM FARM LIMITED→
SC153308 · est 1994
——£48.7k—31y8274y
CROCHMORE FARMS LIMITED→
SC338012 · est 2008
———20018y8277y
G RAE CONTRACTING→
SC339954 · est 2008 · no financials extracted
————18y8273y
H J WALKER & COMPANY LIMITED→
SC345386 · est 2008
———417y8286y
HARDGRAVE FARM, (DUMFRIES) LIMITED→
SC030389 · est 1954
———130071y8261y
HUGH RAMSAY FARMS LIMITED→
SC086142 · est 1984
———80042y8287y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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

Statusdissolved
Typeltd
Incorporated1981-04-29
Jurisdictionscotland
Primary SIC0141 — SIC 0141

Registered office

Glenlea
Twynholm
Kirkcudbright
Dumfries & Galloway
DG6 4NU

Filing status

Accounts
Next due: —
Last made up to: 2006-11-30
Confirmation statement
Next due: —
Last: —

Officers (0 active · 10 resigned)

THAIN, John Mitchell→
secretary · appointed 2004-08-02
View their other companies + combined net worth →
Active
GLOVER, John Winston Bruce→
director · ~81y · appointed 1992-07-02
View their other companies + combined net worth →
Active
GLOVER, Merryl→
secretary · appointed 1992-07-02 · resigned 2001-04-12
Resigned
FRASER & PARTNERS(BUSINESS MANAGERS)LIMITED→
corporate-secretary · resigned 1992-06-22
Resigned
BUCHANAN, Eileen→
director · ~74y · resigned 1992-07-03
Resigned
BUCHANAN, Ewan Craig Barr→
director · ~76y · resigned 1992-07-03
Resigned
DOW, Alexander→
director · ~73y · resigned 1991-03-22
Resigned
GLOVER, Merryl→
director · ~83y · appointed 1994-05-09 · resigned 2001-04-12
Resigned
GRANT, Peter→
director · ~81y · resigned 1992-07-03
Resigned
HARVEY, Graham Robertson→
director · ~93y · resigned 1991-11-22
Resigned
WALLACE, John Jerome Bruce→
director · ~81y · appointed 1992-07-02 · resigned 2002-05-12
Resigned
WATSON, William Derek→
director · ~91y · appointed 1991-11-22 · resigned 1992-07-03
Resigned

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

Mortgages & charges

5
Total charges
3
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property17/03/1998—
satisfied
Gordon Forbes Construction (Elgin)
Gordon Forbes Construction (Elgin) Limited
Standard security1 property04/10/199604/12/1997
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property14/10/1993—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property25/11/1981—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Letter of offset1 property23/09/198119/01/1994
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (89 total)

gazette-dissolved-compulsory
gazette · GAZ2
2010-05-07
gazette-notice-compulsory
gazette · GAZ1
2010-01-15
legacy
address · 287
2008-05-08
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-05-07
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2007-06-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2007-06-05
legacy
address · 287
2007-05-15
legacy
officers · 288a
2007-05-15
legacy
gazette · DISS6
2006-03-15
gazette-notice-compulsory
gazette · GAZ1
2006-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2005-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2004-02-06
legacy
annual-return · 363s
2002-11-26
legacy
officers · 288b
2002-11-08