GLORY DAYS LIMITED

💤Zombieactive
SC221388 · ltd · incorporated 2001-07-19
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 Mar 2025
Net worth
£487.0k
book net assets
Opportunity
79/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Tour operator activities
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (80/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 22.7y

15/100
under pressure

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

  • · Oldest live charge is 22.7 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
75 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £487,030

Key financials

2 years extracted from filed iXBRL accounts
Cash
£742k
Net Worth
£487k
Current Assets
£927k
Current Liabilities
—
£0£185k£371k£556k£741k£927kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£487.5k—
Current assets£926.7k—
Cash£741.8k—
Debtors£184.9k—
Net assets£487.0k—
Average employees—300

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-09-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2022-12-06
    🔒
    Charge registered #4
    Lender: Accelerant Insurance Europe Sa
  6. 2022-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2022-12-03
    🔓
    Charge satisfied #3
  8. 2022-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-10-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-11-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2017-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-12-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-08-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2016-08-12
    🔒
    Charge registered #3
    Lender: Hiscox Insurance Company Limited
  18. 2015-12-11
    🔓
    Charge satisfied #2
  19. 2015-12-11
    🔓
    Charge satisfied #1
  20. 2011-11-01
    ➖
    CUNNINGHAM, Jeremy Neil Ross resigned
    director
  21. 2004-10-07
    ➕
    HARDY, David Andrew appointed
    secretary
  22. 2004-10-07
    ➖
    FRAIOLI, Angela resigned
    secretary
  23. 2004-01-13
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  24. 2003-08-27
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  25. 2001-07-19
    🏢
    Company incorporated
    As GLORY DAYS LIMITED
  26. 2001-07-19
    ➕
    HARDY, David Andrew appointed
    director
  27. 2001-07-19
    ➕
    FRAIOLI, Angela appointed
    secretary
  28. 2001-07-19
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  29. 2001-07-19
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  30. 2001-07-19
    ➕
    CUNNINGHAM, Jeremy Neil Ross appointed
    director
  31. 2001-07-19
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  32. 2001-07-19
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

Owner dependency

93/100
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 25 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. 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 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple 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%
NameSharesVoting rightsNature of controlNotified
Mr David Andrew Hardy
Individual · British · DOB 10/1968 · age 58
75–100%
—75-100% shares29/07/2016

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 · Leisure & entertainment · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
GANDER PRODUCTIONS LTD→
SC865465 · est 2025 · no financials extracted
———————
GM MAC LIMITED→
SC669291 · est 2020 · no financials extracted
————5y——
GOLD AND GRAY SOCCER ACADEMY LTD→
SC642229 · est 2019 · no financials extracted
————6y——
GOLF DESIGN SCOTLAND LTD.→
SC224717 · est 2001 · no financials extracted
————24y——
GRANTON YOUTH LTD.→
SC340606 · est 2008 · no financials extracted
————18y——
H ALEXANDER LTD→
SC858785 · est 2025 · no financials extracted
———————
HAMSTER EDITIONS LTD→
SC757579 · est 2023 · no financials extracted
————3y——
HAND OF KALLIACH LTD→
SC711213 · est 2021 · no financials extracted
————4y——
HAPPY SAD PRODUCTIONS LTD→
SC786585 · est 2023 · no financials extracted
————2y——
HARRY DH LTD→
SC747237 · est 2022 · no financials extracted
————3y——
HB FITNESS LTD→
SC779275 · est 2023 · no financials extracted
————2y——
HCM TRAVEL LIMITED→
SC829945 · est 2024 · no financials extracted
————1y——
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
Incorporated2001-07-19
Jurisdictionscotland
Primary SIC79120 — Tour operator activities

Registered office

18 Queen Street
Edinburgh
EH2 1JX
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-16
Last: 2025-08-02

Officers (2 active · 4 resigned)

HARDY, David Andrew→
secretary · appointed 2004-10-07
View their other companies + combined net worth →
Active
HARDY, David Andrew→
director · ~58y · appointed 2001-07-19
View their other companies + combined net worth →
Active
FRAIOLI, Angela→
secretary · appointed 2001-07-19 · resigned 2004-10-07
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2001-07-19 · resigned 2001-07-19
Resigned
CUNNINGHAM, Jeremy Neil Ross→
director · ~63y · appointed 2001-07-19 · resigned 2011-11-01
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2001-07-19 · resigned 2001-07-19
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Accelerant Insurance Europe Sa
A registered charge1 property06/12/2022—
satisfied
Hiscox Insurance Company
Hiscox Insurance Company Limited
A registered charge—12/08/201603/12/2022
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property13/01/200411/12/2015
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property27/08/200311/12/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (75 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-12-07
mortgage-satisfy-charge-full
mortgage · MR04
2022-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-29