APPINDALE LIMITED

🌳Matureactive
SC183542 · ltd · incorporated 1998-03-04
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 6.8y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No material changes in the last 90 days.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pursue
Asset-holding vehicle with a 84-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 84). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 6.8y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 6.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (60/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
89 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.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-10-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-12-09
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2023-12-08
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2022-11-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  5. 2022-11-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-11-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2022-11-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  8. 2022-11-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2021-12-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2021-09-21
    ➖
    NAPIER, Alistair Graham resigned
    director
  11. 2021-09-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2021-03-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2020-06-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2019-10-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2019-10-10
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2019-10-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2019-10-08
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  18. 2018-11-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  19. 2018-03-14
    ➖
    COMMERCIAL LEGAL CENTRE resigned
    corporate-secretary
  20. 2018-03-14
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  21. 2016-10-13
    ➕
    BRADLEY, Pauline Anne appointed
    director
  22. 2007-01-01
    ➕
    COMMERCIAL LEGAL CENTRE appointed
    corporate-secretary
  23. 2006-12-31
    ➖
    KIPPEN CAMPBELL WS resigned
    corporate-secretary
  24. 1998-03-12
    ➕
    GLOAG, Ann Heron, Dame appointed
    director
  25. 1998-03-12
    ➖
    REID, Brian resigned
    nominee-secretary
  26. 1998-03-12
    ➕
    KIPPEN CAMPBELL WS appointed
    corporate-secretary
  27. 1998-03-12
    ➖
    MABBOTT, Stephen resigned
    nominee-director
  28. 1998-03-12
    ➕
    NAPIER, Alistair Graham appointed
    director
  29. 1998-03-04
    🏢
    Company incorporated
    As APPINDALE LIMITED
  30. 1998-03-04
    ➕
    REID, Brian appointed
    nominee-secretary
  31. 1998-03-04
    ➕
    MABBOTT, Stephen appointed
    nominee-director

Owner dependency

83/100
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 28 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 84 — succession pressure is live.

Succession & seller-readiness

96/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 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

Hgt Finance A Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Hgt Finance A Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
APPINDALE LIMITED
This company · SC183542

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%
NameSharesVoting rightsNature of controlNotified
Hgt Finance A Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control29/03/2017
Mrs Ann Heron Gloag
Individual · British · DOB 12/1942 · age 84
——sig. influencesignificant influence06/04/2016
1 historic (ceased) PSC
  • Gloag Investments Group Limitedceased 29/03/2017· 75-100% shares · 75-100% voting · board control

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
Incorporated1998-03-04
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

56 George Street
Floor 2
Edinburgh
EH2 2LR
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-18
Last: 2026-03-04

Officers (2 active · 5 resigned)

BRADLEY, Pauline Anne→
director · ~65y · appointed 2016-10-13
View their other companies + combined net worth →
Active
GLOAG, Ann Heron, Dame→
director · ~84y · appointed 1998-03-12
View their other companies + combined net worth →
Active
REID, Brian→
nominee-secretary · appointed 1998-03-04 · resigned 1998-03-12
Resigned
COMMERCIAL LEGAL CENTRE→
corporate-secretary · appointed 2007-01-01 · resigned 2018-03-14
Resigned
KIPPEN CAMPBELL WS→
corporate-secretary · appointed 1998-03-12 · resigned 2006-12-31
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1998-03-04 · resigned 1998-03-12
Resigned
NAPIER, Alistair Graham→
director · ~82y · appointed 1998-03-12 · resigned 2021-09-21
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property08/10/2019—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (89 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-04
accounts-with-accounts-type-small
accounts · AA
2025-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-12
accounts-with-accounts-type-small
accounts · AA
2024-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-04
accounts-with-accounts-type-small
accounts · AA
2023-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-11-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-11-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-11-29
accounts-with-accounts-type-small
accounts · AA
2022-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-08
accounts-with-accounts-type-small
accounts · AA
2021-12-21
termination-director-company-with-name-termination-date
officers · TM01
2021-09-21