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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

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

🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£487.0k
book net assets
Opportunity
79/100
Strong
🔔
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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 22.9y

15/100
under pressure

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

  • · Oldest live charge is 22.9 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 employees300

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
75100%
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 →

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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
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 charge12/08/201603/12/2022
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