GLENVICASKILL DEVELOPMENTS LIMITED

🌳Matureactive
SC235334 · ltd · incorporated 2002-08-14
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 19.8y old — refinance window within 12 months
🔒Estimated value
—
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Turnover
—
year to Mar 2025
Net worth
£658.2k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 82-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 82). 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 19.8y

65/100
clean up first

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

  • · Oldest live charge is 19.8 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 (78/100)

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
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £658,186

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£658k
↑ 1238% YoY
Current Assets
£396k
↑ 637% YoY
Current Liabilities
—
£0£132k£263k£395k£527k£658kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£686.0k£50.3k
Current assets£396.1k£53.8k
Net assets£658.2k£49.2k

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

🔒Filing-note intelligence

1 signal 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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-07-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-10-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-12-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-11-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2021-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-12-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-09-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2020-09-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2020-09-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2020-08-31
    ➕
    CLARK, Ross appointed
    director
  12. 2020-01-03
    ➖
    CLARK, Allan resigned
    director
  13. 2019-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-12-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-12-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2016-12-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2006-07-24
    🔒
    Charge registered #1
    Lender: Amec Project Investments Limited
  18. 2002-08-14
    🏢
    Company incorporated
    As GLENVICASKILL DEVELOPMENTS LIMITED
  19. 2002-08-14
    ➕
    CLARK, Alexandra appointed
    secretary
  20. 2002-08-14
    ➕
    CLARK, Alexandra appointed
    director
  21. 2002-08-14
    ➕
    CLARK, Allan appointed
    director

Owner dependency

91/100
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 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 82 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 82 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 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mrs Alexandra Clark
Individual · British · DOB 06/1944 · age 82
25–50%
—25-50% shares06/04/2016
1 historic (ceased) PSC
  • Mr Allan Clarkceased 03/01/2020· 25-50% shares

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

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FORBES ENTERPRISES LTD.→
SC187106 · est 1998
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—£19.9k—27y8277y
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
Incorporated2002-08-14
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

C/O Campbell Stewart Maclennan & Co
3 Broom Place
Portree
IV51 9HL
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-14
Last: 2025-11-30

Officers (3 active · 1 resigned)

CLARK, Alexandra→
secretary · appointed 2002-08-14
View their other companies + combined net worth →
Active
CLARK, Alexandra→
director · ~82y · appointed 2002-08-14
View their other companies + combined net worth →
Active
CLARK, Ross→
director · ~48y · appointed 2020-08-31
View their other companies + combined net worth →
Active
CLARK, Allan→
director · ~84y · appointed 2002-08-14 · resigned 2020-01-03
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
Amec Project Investments
Amec Project Investments Limited
Standard security1 property24/07/2006—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (59 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-19
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-23
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-22
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-08
confirmation-statement-with-updates
confirmation-statement · CS01
2020-11-30
termination-director-company-with-name-termination-date
officers · TM01
2020-09-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-09-22