KOLMB (DEVELOPMENTS) LIMITED

💤Zombieactive
SC164916 · ltd · incorporated 1996-04-15
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 Apr 2025
Net worth
£-443.6k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · oldest 17.8y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 17.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 1 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
Negative net assets
Liabilities exceed assets by £443,595
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£3k
~ YoY
Net Worth
-£444k
~ YoY
Current Assets
£61k
~ YoY
Current Liabilities
-£444k-£343k-£242k-£141k-£40k£61kApr 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
Total assets£-443.6k£-443.6k
Current assets£61.1k£61.1k
Cash£2.5k£2.5k
Net assets£-443.6k£-443.6k

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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-01-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-01-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-01-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-01-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-01-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2021-02-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2016-11-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-04-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2016-01-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-04-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-02-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2015-01-27
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC
  16. 2015-01-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2008-09-15
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  18. 2008-07-31
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  19. 1996-04-15
    🏢
    Company incorporated
    As KOLMB (DEVELOPMENTS) LIMITED
  20. 1996-04-15
    MCGINN, Margaret appointed
    secretary
  21. 1996-04-15
    MCGINN, Gerald appointed
    director
  22. 1996-04-15
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  23. 1996-04-15
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

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.
  • +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

95/100
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 67. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 30 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.)

Group structure

Gmg (Holdings) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Gmg (Holdings) Ltd
Corporate parent · holds 75-100% shares
ultimate parent
KOLMB (DEVELOPMENTS) LIMITED
This company · SC164916

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Gmg (Holdings) Ltd
Corporate entity
75100%
75-100% shares06/04/2016

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

9 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
Incorporated1996-04-15
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

60 St Enoch Square
Glasgow
G1 4AG

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-29
Last: 2026-04-15

Officers (2 active · 1 resigned)

MCGINN, Margaret
secretary · appointed 1996-04-15
View their other companies + combined net worth →
Active
MCGINN, Gerald
director · ~67y · appointed 1996-04-15
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 1996-04-15 · resigned 1996-04-15
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge27/01/2015
outstanding
Virgin Money
Clydesdale Bank PLC
Standard security1 property15/09/2008
outstanding
Virgin Money
Clydesdale Bank PLC
Floating charge1 property31/07/2008
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (65 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-23
accounts-with-accounts-type-dormant
accounts · AA
2026-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-24
accounts-with-accounts-type-dormant
accounts · AA
2025-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-17
accounts-with-accounts-type-dormant
accounts · AA
2024-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-02
accounts-with-accounts-type-dormant
accounts · AA
2023-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-11