SALTIRE TAVERNS LIMITED
🌳Matureactive
SC169679 · ltd · incorporated 1996-11-08
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2024
Net worth
—
book net assets
Opportunity
63/100
Worth a look
What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 63/100 (worth a look), bankability 47/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (45/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
27 live charges · 5 lenders · oldest 27.6y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 27.6 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (76/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
27 charges (27/27 with lender, 27/27 with type)
90
Directors & officers
12 officers (4 active, 12 linked, 9 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
165 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
55
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-03-30 |
|---|---|
| Average employees | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (88 events)Click to expand
- 2026-04-22📄legacyaccounts · PARENT_ACC
- 2025-10-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-02-20📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2025-02-07📄legacycapital · SH20
- 2025-02-07⚠️legacyinsolvency · CAP-SS
- 2025-02-07📄resolutionresolution · RESOLUTIONS
- 2024-12-13📄accounts-with-accounts-type-smallaccounts · AA
- 2023-12-27📄accounts-with-accounts-type-smallaccounts · AA
- 2023-01-16📄accounts-with-accounts-type-smallaccounts · AA
- 2022-02-24📄accounts-with-accounts-type-smallaccounts · AA
- 2021-03-22📄accounts-with-accounts-type-fullaccounts · AA
- 2020-08-14📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-08-14🔓Charge satisfied #24
- 2020-07-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-07-09🔒Charge registered #27Lender: Barclays Bank PLC
- 2019-12-18📄accounts-with-accounts-type-fullaccounts · AA
- 2018-12-03📄accounts-with-accounts-type-fullaccounts · AA
- 2017-12-06📄accounts-with-accounts-type-fullaccounts · AA
- 2015-08-10🔒Charge registered #26Lender: Barclays Bank PLC
- 2015-08-10🔒Charge registered #25Lender: Barclays Bank PLC
- 2015-08-08🔓Charge satisfied #23
- 2015-08-08🔓Charge satisfied #22
- 2015-08-08🔓Charge satisfied #21
- 2015-08-08🔓Charge satisfied #20
- 2015-08-03🔒Charge registered #24Lender: Barclays Bank PLC
- 2015-07-31➕RAMSAY, Graeme John appointedsecretary
- 2015-07-31➕RAMSAY, Graeme John appointeddirector
- 2015-07-31➕SALUSSOLIA, Alexander appointeddirector
- 2015-07-31➕SALUSSOLIA, Peter Nicholas appointeddirector
- 2015-07-31➖HBJG SECRETARIAL LIMITED resignedcorporate-secretary
- 2015-07-31➖LOWE, Karin Anne resigneddirector
- 2015-07-31➖LOWE, William resigneddirector
- 2015-07-31➖MANSON, Alan Graeme resigneddirector
- 2015-07-31➖MCGRATH, Tony resigneddirector
- 2015-07-31➖PARKER-BURNELL, Michelle Louise resigneddirector
- 2015-07-29🔓Charge satisfied #3
- 2015-07-21🔓Charge satisfied #19
- 2015-07-21🔓Charge satisfied #13
- 2015-07-21🔓Charge satisfied #12
- 2015-07-21🔓Charge satisfied #11
- 2015-07-21🔓Charge satisfied #10
- 2015-07-21🔓Charge satisfied #9
- 2015-07-21🔓Charge satisfied #7
- 2015-07-21🔓Charge satisfied #5
- 2015-07-21🔓Charge satisfied #2
- 2015-01-21🔒Charge registered #23Lender: Aib Group (UK) PLC
- 2013-11-01🔒Charge registered #22Lender: Aib Group (UK) PLC
- 2013-11-01🔒Charge registered #21Lender: Aib Group (UK) PLC
- 2013-10-30🔓Charge satisfied #18
- 2013-10-30🔓Charge satisfied #1
Showing most recent 50 of 88 events
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 82 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
- secondaryStable-but-static management: Company is 29 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high · 1 med ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-03-31
1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-02-07: legacy
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Glendola Leisure (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Glendola Leisure (Holdings) Limited
Corporate parent · holds 75-100% shares
⬇
SALTIRE TAVERNS LIMITED
This company · SC169679
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Glendola Leisure (Holdings) Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 03/11/2024 |
Mr Peter Nicholas Salussolia Individual · British · DOB 02/1944 · age 82 | 75–100% | 75–100% | 75-100% shares · 75-100% voting · firm interest | 06/04/2016 |
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 →Similar companies
Active · Hospitality · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BEIRUT SKY LIMITED→ SC566048 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BELL 49 LTD→ SC787999 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BENVIEW COFFEE SHOP LIMITED→ SC529494 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| BG 555 LIMITED→ SC493928 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| BISLEY CATERING LIMITED→ SC448249 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| BLACKFRIARS STREET (GLASGOW) LTD→ SC882827 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BLANC EVENTS LTD→ SC744412 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BLANTYRE CIBO LTD→ SC848322 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BLASCO LTD→ SC771710 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BLONDE ROASTERS LTD→ SC858035 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BLUDAN LIMITED→ SC611533 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BLUE GINGER 1 LTD→ SC845059 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 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
Incorporated1996-11-08
Jurisdictionscotland
Primary SIC56302 — Public houses and bars
Registered office
Carlton George Hotel
44 West George Street
Glasgow
G2 1DH
Filing status
Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-03-30
Confirmation statement
Next due: 2026-11-17
Last: 2025-11-03
Officers (4 active · 8 resigned)
RAMSAY, Graeme John→
Activesecretary · appointed 2015-07-31
View their other companies + combined net worth →
RAMSAY, Graeme John→
Activedirector · ~59y · appointed 2015-07-31
View their other companies + combined net worth →
SALUSSOLIA, Alexander→
Activedirector · ~58y · appointed 2015-07-31
View their other companies + combined net worth →
SALUSSOLIA, Peter Nicholas→
Activedirector · ~82y · appointed 2015-07-31
View their other companies + combined net worth →
HBJG SECRETARIAL LIMITED→
Resignedcorporate-secretary · appointed 1996-11-08 · resigned 2015-07-31
GRAY, Adam David→
Resigneddirector · ~68y · appointed 2004-11-04 · resigned 2007-06-29
LOWE, Karin Anne→
Resigneddirector · ~66y · appointed 2000-03-27 · resigned 2015-07-31
LOWE, William→
Resigneddirector · ~67y · appointed 1997-07-01 · resigned 2015-07-31
MANSON, Alan Graeme→
Resigneddirector · ~67y · appointed 2006-04-03 · resigned 2015-07-31
MCGRATH, Tony→
Resigneddirector · ~70y · appointed 2006-04-03 · resigned 2015-07-31
PARKER-BURNELL, Michelle Louise→
Resigneddirector · ~56y · appointed 2007-06-26 · resigned 2015-07-31
HENDERSON BOYD JACKSON LIMITED→
Resignedcorporate-director · appointed 1996-11-08 · resigned 1997-07-01
Click a director name to see their full track record across all companies.
Mortgages & charges
27
Total charges
3
Outstanding
1
Active lenders
Status:Lender:27 of 27 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 09/07/2020 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | 1 property | 10/08/2015 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | 2 properties | 10/08/2015 | — | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 03/08/2015 | 14/08/2020 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | A registered charge | — | 21/01/2015 | 08/08/2015 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | A registered charge | 1 property | 01/11/2013 | 08/08/2015 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | A registered charge | 1 property | 01/11/2013 | 08/08/2015 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | A registered charge | 1 property | 28/10/2013 | 08/08/2015 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 30/12/2011 | 21/07/2015 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 20/07/2011 | 30/10/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 02/09/2005 | 30/01/2007 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 02/09/2005 | 30/01/2007 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 02/09/2005 | 30/01/2007 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 26/05/2005 | 30/01/2007 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 21/10/2004 | 21/07/2015 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 06/09/2004 | 21/07/2015 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 20/05/2004 | 21/07/2015 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 31/12/2002 | 21/07/2015 | |
| satisfied | Scottish & Newcastle Scottish & Newcastle PLC | Standard security | 1 property | 31/12/2002 | 21/07/2015 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 18/12/2002 | 30/01/2007 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 12/11/2002 | 21/07/2015 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 27/06/2002 | 30/01/2007 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 07/08/2000 | 21/07/2015 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 05/05/2000 | 30/01/2007 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 08/11/1999 | 29/07/2015 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 05/10/1999 | 21/07/2015 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 07/09/1998 | 30/10/2013 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (165 total)
legacy
accounts · PARENT_ACC
2026-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-10-14
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-02-20
legacy
capital · SH20
2025-02-07
legacy
insolvency · CAP-SS
2025-02-07
resolution
resolution · RESOLUTIONS
2025-02-07
accounts-with-accounts-type-small
accounts · AA
2024-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-04
accounts-with-accounts-type-small
accounts · AA
2023-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-03
accounts-with-accounts-type-small
accounts · AA
2023-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-22
accounts-with-accounts-type-small
accounts · AA
2022-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-22