MONAX GLASS LIMITED

🌳Matureactive
SC184445 · ltd · incorporated 1998-04-02
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 28.0y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2024
Net worth
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 73-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 28.0y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 28.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (77/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
78 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-07-312023-07-31
Average employees200200

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

🔒Filing-note intelligence

2 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
2
filings
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-04-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-04-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-06-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2024-04-16
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2024-04-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-07-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2022-04-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2021-07-21
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2021-07-20
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2021-07-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2021-04-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2020-04-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2019-04-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2018-05-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2018-05-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2018-04-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  17. 2000-07-31
    GILMORE, Scott Dixon resigned
    director
  18. 1998-04-22
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  19. 1998-04-02
    🏢
    Company incorporated
    As MONAX GLASS LIMITED
  20. 1998-04-02
    TIPPING, Marian appointed
    secretary
  21. 1998-04-02
    GRANT, Ian Lloyd appointed
    director
  22. 1998-04-02
    TIPPING, Marian appointed
    director
  23. 1998-04-02
    REID, Brian appointed
    nominee-secretary
  24. 1998-04-02
    REID, Brian resigned
    nominee-secretary
  25. 1998-04-02
    GILMORE, Scott Dixon appointed
    director
  26. 1998-04-02
    MABBOTT, Stephen appointed
    nominee-director
  27. 1998-04-02
    MABBOTT, Stephen resigned
    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 73 — 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 73 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Marian Tipping
Individual · British · DOB 06/1962 · age 64
2550%
25-50% shares06/04/2016
Mr Ian Lloyd Grant
Individual · British · DOB 06/1953 · age 73
2550%
25-50% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1998-04-02
Jurisdictionscotland
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

22 Charles Jarvis Court
Cupar
KY15 5EJ
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-07-31
Confirmation statement
Next due: 2027-04-16
Last: 2026-04-02

Officers (3 active · 3 resigned)

TIPPING, Marian
secretary · appointed 1998-04-02
View their other companies + combined net worth →
Active
GRANT, Ian Lloyd
director · ~73y · appointed 1998-04-02
View their other companies + combined net worth →
Active
TIPPING, Marian
director · ~64y · appointed 1998-04-02
View their other companies + combined net worth →
Active
REID, Brian
nominee-secretary · appointed 1998-04-02 · resigned 1998-04-02
Resigned
GILMORE, Scott Dixon
director · ~59y · appointed 1998-04-02 · resigned 2000-07-31
Resigned
MABBOTT, Stephen
nominee-director · ~76y · appointed 1998-04-02 · resigned 1998-04-02
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
Bond & floating charge1 property22/04/1998
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (78 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-04-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-06-24
change-person-secretary-company-with-change-date
officers · CH03
2024-04-16
change-person-director-company-with-change-date
officers · CH01
2024-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-04-29
gazette-filings-brought-up-to-date
gazette · DISS40
2021-07-21
gazette-notice-compulsory
gazette · GAZ1
2021-07-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-07-19