MCGOWANS OF GLASGOW (JEWELLERS) LIMITED

💤Zombieactive
SC130030 · ltd · incorporated 1991-02-15
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: dormant / non-trading with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

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
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
85 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
60
Some acquirability indicators.
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

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

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 (24 events)Click to expand
  1. 2025-09-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-12-04
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  3. 2024-12-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-09-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-11-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-10-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2021-10-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2020-11-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2019-11-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2018-10-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2017-10-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2016-09-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2016-07-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2016-07-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2016-07-27
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  16. 2014-04-25
    MCCANN, Michael James resigned
    director
  17. 2009-05-14
    SUTHERLAND, Nicola Jayne appointed
    director
  18. 2007-01-02
    SUTHERLAND, Nicola Jayne appointed
    secretary
  19. 2007-01-01
    TODD, Robert Gordon resigned
    secretary
  20. 1998-09-24
    MCCANN, Margaret E resigned
    director
  21. 1991-02-15
    🏢
    Company incorporated
    As MCGOWANS OF GLASGOW (JEWELLERS) LIMITED
  22. 1991-02-15
    TODD, Robert Gordon appointed
    secretary
  23. 1991-02-15
    MCCANN, Margaret E appointed
    director
  24. 1991-02-15
    MCCANN, Michael James appointed
    director

Owner dependency

85/100
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.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 35 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 Nicola Jayne Sutherland
Individual · British · DOB 03/1972 · age 54
75100%
75-100% shares07/02/2017

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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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
Incorporated1991-02-15
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

4 Argyll Arcade
Glasgow
G2 8BA

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-21
Last: 2026-02-07

Officers (2 active · 3 resigned)

SUTHERLAND, Nicola Jayne
secretary · appointed 2007-01-02
View their other companies + combined net worth →
Active
SUTHERLAND, Nicola Jayne
director · ~54y · appointed 2009-05-14
View their other companies + combined net worth →
Active
TODD, Robert Gordon
secretary · appointed 1991-02-15 · resigned 2007-01-01
Resigned
MCCANN, Margaret E
director · ~78y · appointed 1991-02-15 · resigned 1998-09-24
Resigned
MCCANN, Michael James
director · ~80y · appointed 1991-02-15 · resigned 2014-04-25
Resigned

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

Recent filings (85 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-09
accounts-with-accounts-type-dormant
accounts · AA
2025-09-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-12
change-person-secretary-company-with-change-date
officers · CH03
2024-12-04
change-person-director-company-with-change-date
officers · CH01
2024-12-04
accounts-with-accounts-type-dormant
accounts · AA
2024-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-09
accounts-with-accounts-type-dormant
accounts · AA
2023-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-08
accounts-with-accounts-type-dormant
accounts · AA
2022-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-07
accounts-with-accounts-type-dormant
accounts · AA
2021-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-15
accounts-with-accounts-type-dormant
accounts · AA
2020-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-07