GILTRON LIMITED

🌳Matureactive
SC102828 · ltd · incorporated 1987-01-21
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
🔔
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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
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (77/100)

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
Confirmed no charges registered
85
Directors & officers
13 officers (3 active, 13 linked, 10 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
108 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Key financials

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

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees2200

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
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-01-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-01-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-01-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-01-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-12-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-01-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-12-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2013-12-31
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2010-08-10
    ➖
    GILLESPIE, Elizabeth Sloan resigned
    director
  17. 2008-11-12
    ➕
    HIRST, Frank Allan appointed
    director
  18. 2007-01-14
    ➕
    HIRST, Elspeth Frances appointed
    secretary
  19. 2007-01-14
    ➖
    GILLESPIE, James Storrie resigned
    secretary
  20. 2007-01-14
    ➖
    GILLESPIE, James Storrie resigned
    director
  21. 2006-03-31
    ➕
    HIRST, Elspeth Frances appointed
    director
  22. 2004-10-07
    ➕
    GILLESPIE, James Storrie appointed
    secretary
  23. 2004-10-07
    ➕
    GILLESPIE, Elizabeth Sloan appointed
    director
  24. 2004-10-07
    ➕
    GILLESPIE, James Storrie appointed
    director
  25. 2004-10-07
    ➖
    GILLESPIE, Malcolm James Storrie resigned
    director
  26. 2004-10-07
    ➖
    HIRST, Elspeth Frances resigned
    director
  27. 2004-04-15
    ➖
    GILLESPIE, James Storrie resigned
    secretary
  28. 2004-04-15
    ➖
    GILLESPIE, Elizabeth Sloan resigned
    director
  29. 2004-04-15
    ➖
    GILLESPIE, James Storrie resigned
    director
  30. 2004-04-15
    ➖
    GILLESPIE, Rosemary Sheila Stewart resigned
    director
  31. 2004-04-15
    ➖
    HIRST, Frank Allan resigned
    director
  32. 1997-01-01
    ➕
    GILLESPIE, Malcolm James Storrie appointed
    director
  33. 1997-01-01
    ➕
    GILLESPIE, Rosemary Sheila Stewart appointed
    director
  34. 1997-01-01
    ➕
    HIRST, Elspeth Frances appointed
    director
  35. 1997-01-01
    ➕
    HIRST, Frank Allan appointed
    director
  36. 1987-01-21
    🏢
    Company incorporated
    As GILTRON LIMITED

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 39 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Elspeth Frances Hirst
Individual · British · DOB 11/1957 · age 69
75–100%
—75-100% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1987-01-21
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Gryffe View
Mill Of Gryffe Road
Bridge Of Weir
Renfrewshire
PA11 3LZ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (3 active · 10 resigned)

HIRST, Elspeth Frances→
secretary · appointed 2007-01-14
View their other companies + combined net worth →
Active
HIRST, Elspeth Frances→
director · ~69y · appointed 2006-03-31
View their other companies + combined net worth →
Active
HIRST, Frank Allan→
director · ~68y · appointed 2008-11-12
View their other companies + combined net worth →
Active
GILLESPIE, James Storrie→
secretary · appointed 2004-10-07 · resigned 2007-01-14
Resigned
GILLESPIE, James Storrie→
secretary · resigned 2004-04-15
Resigned
GILLESPIE, Elizabeth Sloan→
director · ~102y · appointed 2004-10-07 · resigned 2010-08-10
Resigned
GILLESPIE, Elizabeth Sloan→
director · ~102y · resigned 2004-04-15
Resigned
GILLESPIE, James Storrie→
director · ~104y · appointed 2004-10-07 · resigned 2007-01-14
Resigned
GILLESPIE, James Storrie→
director · ~104y · resigned 2004-04-15
Resigned
GILLESPIE, Malcolm James Storrie→
director · ~75y · appointed 1997-01-01 · resigned 2004-10-07
Resigned
GILLESPIE, Rosemary Sheila Stewart→
director · ~73y · appointed 1997-01-01 · resigned 2004-04-15
Resigned
HIRST, Elspeth Frances→
director · ~69y · appointed 1997-01-01 · resigned 2004-10-07
Resigned
HIRST, Frank Allan→
director · ~68y · appointed 1997-01-01 · resigned 2004-04-15
Resigned

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

Recent filings (108 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-01-08