THE GLASGOW STYLE LTD.

⚰️Wound downdissolved
SC243061 · ltd · incorporated 2003-01-29
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 23.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: Retail sale of audio and video equipment in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 75/100. Strong seller-intent signal (78/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 23.2y

65/100
clean up first

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

  • · Oldest live charge is 23.2 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: low (49/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
5 connected companies via shared directors
60
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

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 (36 events)Click to expand
  1. 2015-07-31
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2015-07-31
    🏁
    Company dissolved
  3. 2015-04-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2014-02-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  5. 2014-01-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  6. 2013-02-06
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  7. 2012-12-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  8. 2012-02-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  9. 2011-11-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2011-02-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2010-12-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2010-02-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2010-02-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2010-02-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2010-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2009-02-11
    📄
    legacy
    annual-return · 363a
  17. 2008-10-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2008-05-22
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  19. 2008-02-06
    📄
    legacy
    annual-return · 363a
  20. 2008-01-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2007-02-07
    📄
    legacy
    annual-return · 363a
  22. 2007-01-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2006-02-15
    📄
    legacy
    annual-return · 363a
  24. 2005-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2005-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2005-02-14
    📄
    legacy
    annual-return · 363s
  27. 2003-05-20
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  28. 2003-02-28
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  29. 2003-01-29
    🏢
    Company incorporated
    As THE GLASGOW STYLE LTD.
  30. 2003-01-29
    LAWSON, Jack appointed
    secretary
  31. 2003-01-29
    LAWSON, Annabel appointed
    director
  32. 2003-01-29
    LAWSON, Jack appointed
    director
  33. 2003-01-29
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  34. 2003-01-29
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  35. 2003-01-29
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  36. 2003-01-29
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-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 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — 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 77 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 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2015-07-31

🔒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

8 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.

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Company details

Statusdissolved
Typeltd
Incorporated2003-01-29
Jurisdictionscotland
Primary SIC47430 — Retail sale of audio and video equipment in specialised stores

Registered office

4 Park Circus
Glasgow
G3 6AX

Filing status

Accounts
Next due:
Last made up to: 2013-03-31
Confirmation statement
Next due:
Last:

Officers (0 active · 2 resigned)

LAWSON, Jack
secretary · appointed 2003-01-29
View their other companies + combined net worth →
Active
LAWSON, Annabel
director · ~50y · appointed 2003-01-29
View their other companies + combined net worth →
Active
LAWSON, Jack
director · ~77y · appointed 2003-01-29
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2003-01-29 · resigned 2003-01-29
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2003-01-29 · resigned 2003-01-29
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property20/05/2003
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property28/02/2003
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (34 total)

gazette-dissolved-compulsory
gazette · GAZ2
2015-07-31
gazette-notice-compulsory
gazette · GAZ1
2015-04-10
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-02-05
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-01-03
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-02-06
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-12-18
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-02-01
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-11-23
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-02-09
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-12-29
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-02-03
change-person-director-company-with-change-date
officers · CH01
2010-02-03
change-person-director-company-with-change-date
officers · CH01
2010-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2010-01-30
legacy
annual-return · 363a
2009-02-11