PREMIER CUSTOM BUILD LIMITED
⚰️Wound downdissolved
SC174807 · ltd · incorporated 1997-04-18
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
50/100
Worth a look
What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 50/100 (worth a look), bankability 42/100. 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: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
8 live charges · 4 lenders · oldest 28.9y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 28.9 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (57/100)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
No iXBRL financials extracted
0
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
9 officers (1 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
111 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
41
Multiple red flags — proceed with caution.
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 (53 events)Click to expand
- 2025-06-14⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2025-06-14🏁Company dissolved
- 2025-03-14⚠️liquidation-in-administration-move-to-dissolution-scotland-2insolvency · AM23(Scot)
- 2024-12-18⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2024-07-24⚠️liquidation-in-administration-notice-deemed-approval-of-proposals-scotlandinsolvency · AM06(Scot)
- 2024-07-16⚠️liquidation-in-administration-notice-administrators-proposals-scotlandinsolvency · AM03(Scot)
- 2024-06-14⚠️liquidation-in-administration-statement-of-affairs-with-form-attached-scotlandinsolvency · AM02(Scot)
- 2024-05-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-05-24⚠️liquidation-in-administration-appointment-of-administrator-scotlandinsolvency · AM01(Scot)
- 2023-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-07-31🔓Charge satisfied #7
- 2022-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-07-30📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-12-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-22🔒Charge registered #9Lender: Lendinvest Security Trustees Limited
- 2021-12-22🔒Charge registered #8Lender: Iain Keith Glass
- 2021-12-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-16🔒Charge registered #7Lender: The Cockatoo Bar and Restaurant Limited
- 2021-12-13🔒Charge registered #6Lender: Lendinvest Security Trustees Limited
- 2021-07-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-04-27🔓Charge satisfied #5
- 2020-11-13📄resolutionresolution · RESOLUTIONS
- 2020-10-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2015-03-01➖GLASS, Kevin resignedsecretary
- 2012-09-11🔓Charge satisfied #4
- 2012-09-11🔓Charge satisfied #3
- 2009-05-31➖GLASS, Kevin resigneddirector
- 2008-02-08🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2008-01-31➕GLASS, Kevin appointedsecretary
- 2008-01-31➖SMALL, Janet Margaret resignedsecretary
- 2008-01-31➖SMALL, Frederick resigneddirector
- 2004-07-22➕SMALL, Frederick appointeddirector
- 2003-01-31➖GLASS, James Alfred resigneddirector
- 2002-05-21🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2001-07-16➕SMALL, Janet Margaret appointedsecretary
- 2001-07-16➖ARCHIBALD CAMPBELL & HARLEY resignedcorporate-secretary
- 2000-07-10🔓Charge satisfied #1
- 2000-03-14➕GLASS, Kevin appointeddirector
- 1998-02-27➖BROWN, Thomas resigneddirector
- 1997-10-27🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 1997-06-30🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1997-05-12➕GLASS, Iain Keith appointeddirector
- 1997-05-12➕BROWN, Thomas appointeddirector
- 1997-05-12➖DOUGHERTY, Stephen Paul resigneddirector
- 1997-05-12➕GLASS, James Alfred appointeddirector
Showing most recent 50 of 53 events
Owner dependency
93/100
Critical — business is the founderThe 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 29 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 29 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
2 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2025-06-14
7 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-06-14: gazette-dissolved-liquidation; 2025-03-14: liquidation-in-administration-move-to-dissolution-scotland-2
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Iain Keith Glass Individual · British · DOB 03/1964 · age 62 | 75–100% | — | 75-100% shares | 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 · Construction · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GEORGE LESLIE LIMITED→ SC251886 · est 2003 | £42.07M £30.05M–£54.09M | — | — | 43000 | 22y | 87 | 59y |
| MACKENZIE CONSTRUCTION LIMITED→ SC073177 · est 1980 | £19.04M £13.60M–£24.48M | — | — | 292 | 45y | 87 | 61y |
| SLM MACKENZIE LIMITED→ SC243618 · est 2003 | £19.02M £13.59M–£24.46M | — | — | 292 | 23y | 86 | 63y |
| LUDDON CONSTRUCTION LIMITED→ SC057943 · est 1975 | £11.36M £8.11M–£14.61M | — | — | 540 | 50y | 87 | 60y |
| CURTIS MOORE (CLADDING SYSTEMS) LIMITED→ SC206369 · est 2000 | £6.45M £4.61M–£8.30M | — | — | 3700 | 26y | 85 | 65y |
| A.B. 2000 LTD.→ SC155832 · est 1995 | £6.43M £4.59M–£8.26M | — | — | 10600 | 31y | 84 | 46y |
| FRONT LINE CONSTRUCTION LIMITED→ SC068593 · est 1979 | £3.67M £2.62M–£4.72M | — | — | 106 | 46y | 83 | 56y |
| VEITCHI INTERIORS LIMITED→ SC042401 · est 1965 | £3.00M £2.15M–£3.86M | — | — | 53 | 60y | 87 | 61y |
| WESTPOINT CONSTRUCTION COMPANY (SCOTLAND) LTD→ SC101441 · est 1986 | £968.2k £691.5k–£1.24M | — | — | 66 | 39y | 85 | 70y |
| INSITE CONTRACTS LIMITED→ SC162464 · est 1996 | £682.9k £487.8k–£878.0k | — | — | 47 | 30y | 85 | 60y |
| TARPAVE LIMITED→ SC240089 · est 2002 | £32.6k £23.3k–£41.9k | £2.30M | — | 1100 | 23y | 84 | 65y |
| A H F CONSTRUCTION MANAGEMENT LTD.→ SC352436 · est 2008 | — | — | £2.19M | — | 17y | 83 | 58y |
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
Statusdissolved
Typeltd
Incorporated1997-04-18
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings
Registered office
C/O JOHNSTON CARMICHAEL LLP
227 West George Street
Glasgow
G2 2ND
Filing status
Accounts
Next due: —
Last made up to: 2022-10-31
Confirmation statement
Next due: —
Last: 2024-04-17
Officers (0 active · 8 resigned)
GLASS, Iain Keith→
Activedirector · ~62y · appointed 1997-05-12
View their other companies + combined net worth →
GLASS, Kevin→
Resignedsecretary · appointed 2008-01-31 · resigned 2015-03-01
SMALL, Janet Margaret→
Resignedsecretary · appointed 2001-07-16 · resigned 2008-01-31
ARCHIBALD CAMPBELL & HARLEY→
Resignedcorporate-secretary · appointed 1997-04-18 · resigned 2001-07-16
BROWN, Thomas→
Resigneddirector · ~85y · appointed 1997-05-12 · resigned 1998-02-27
DOUGHERTY, Stephen Paul→
Resigneddirector · ~65y · appointed 1997-04-18 · resigned 1997-05-12
GLASS, James Alfred→
Resigneddirector · ~94y · appointed 1997-05-12 · resigned 2003-01-31
GLASS, Kevin→
Resigneddirector · ~58y · appointed 2000-03-14 · resigned 2009-05-31
SMALL, Frederick→
Resigneddirector · ~74y · appointed 2004-07-22 · resigned 2008-01-31
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
3
Outstanding
2
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | LendInvest Lendinvest Security Trustees Limited | A registered charge | 1 property | 22/12/2021 | — | |
| outstanding | Iain Keith Glass | A registered charge | 1 property | 22/12/2021 | — | |
| satisfied | The Cockatoo Bar and Restaurant The Cockatoo Bar and Restaurant Limited | A registered charge | 1 property | 16/12/2021 | 31/07/2023 | |
| outstanding | LendInvest Lendinvest Security Trustees Limited | A registered charge | — | 13/12/2021 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 08/02/2008 | 27/04/2021 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 21/05/2002 | 11/09/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 27/10/1997 | 11/09/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 30/06/1997 | 10/07/2000 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (111 total)
gazette-dissolved-liquidation
gazette · GAZ2
2025-06-14
liquidation-in-administration-move-to-dissolution-scotland-2
insolvency · AM23(Scot)
2025-03-14
liquidation-in-administration-progress-report-scotland
insolvency · AM10(Scot)
2024-12-18
liquidation-in-administration-notice-deemed-approval-of-proposals-scotland
insolvency · AM06(Scot)
2024-07-24
liquidation-in-administration-notice-administrators-proposals-scotland
insolvency · AM03(Scot)
2024-07-16
liquidation-in-administration-statement-of-affairs-with-form-attached-scotland
insolvency · AM02(Scot)
2024-06-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-24
liquidation-in-administration-appointment-of-administrator-scotland
insolvency · AM01(Scot)
2024-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-27
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-07-30