THE GALGAEL TRUST

🌳Matureactive

SC246912 · private-limited-guarant-nsc-limited-exemption · incorporated 2003-03-31

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 11.8y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£325.7k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Other social work activities without accommodation n.e.c.

Sector: Human health & social work

Investor take

Pursue

Asset-holding vehicle with a 82-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 82). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 11.8y

70/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 11.8 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 20/100 — clean.

Data confidence

Overall: medium (72/100)

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

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

35 officers (8 active, 35 linked, 33 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

1 connected companies via shared directors

Filing history

118 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £325,724

Cash YoY

+77%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£79k

↑ 77% YoY

Net Worth

£326k

↑ 3.6% YoY

Current Assets

£121k

↑ 25% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Total assets	£325.7k	£314.4k
Current assets	£121.0k	£96.8k
Cash	£79.0k	£44.6k
Debtors	£42.0k	£52.3k
Net assets	£325.7k	£314.4k

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (87 events)Click to expand

2025-12-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-16
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-16
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-16
🔓
Charge satisfied #2
2025-10-16
🔓
Charge satisfied #1
2025-09-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-09-25
➖
MCCARRON, Michael resigned
director
2025-08-28
📄
change-person-director-company-with-change-date
officers · CH01
2025-08-28
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-08-28
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-08-19
➕
MCCARTNEY, Gerard Mervyn appointed
director
2025-08-19
➕
MCFARLANE, Aylish appointed
director
2025-07-18
📄
memorandum-articles
incorporation · MA
2025-05-30
📄
change-constitution-enactment
change-of-constitution · CC05
2025-05-28
📄
resolution
resolution · RESOLUTIONS
2024-11-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-22
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-08-20
➖
TORRANCE, Alan resigned
director
2024-03-21
📄
change-person-director-company-with-change-date
officers · CH01
2023-12-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-05-12
➖
MCMAHON, Stuart resigned
director
2022-03-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-03-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-02-24
➕
COOPER, Elaine appointed
director
2022-02-24
➖
MACPHEE, Rory resigned
director
2021-12-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-25
➖
DEVINE, Lesley resigned
director
2021-11-25
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-11-01
➕
MCLEAN, Jennifer, Dr appointed
director
2021-05-12
➕
MACPHEE, Rory appointed
director
2020-11-30
➖
BRAND, Biba Brooks resigned
director
2019-11-25
➕
DEVINE, Lesley appointed
director
2019-11-22
➖
CARNOCHAN, John resigned
director
2018-11-29
➕
BRAND, Biba Brooks appointed
director
2018-11-18
➖
RAE, Robert Wilson resigned
director
2018-08-27
➕
MACPHERSON, John Robert appointed
secretary
2018-08-27
➖
MACLEOD, Gehan Sally resigned
secretary
2018-08-27
➖
MACLEOD, Gehan Sally resigned
director
2018-04-01
➖
COUSINS, Penelope Jane resigned
director
2017-12-14
➖
HEARLE, Mhairi resigned
director
2017-08-15
➕
RAE, Robert Wilson appointed
director
2017-04-01
➕
MACPHERSON, John Robert appointed
director
2016-09-22
➕
CARNOCHAN, John appointed
director
2016-08-11
➖
MCGLYNN, Mary Elizabeth Moyna, Rev Dr resigned
director
2016-01-25
➖
RENTON, Ronald William resigned
director
2015-09-24
➖
REID, Wendy Jane resigned
director
2014-08-20
🔒
Charge registered #2
Lender: Resilient Scotland Limited, in Its Capacity as Trustee for the Jessica (Scotland) Trust
2014-08-13
🔒
Charge registered #1
Lender: Resilient Scotland Limited

Showing most recent 50 of 87 events

Owner dependency

65/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-7 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 82 — succession pressure is live.

Succession & seller-readiness

80/100

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.
primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
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.)

🔒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 · Healthcare & medical · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
OPTICAL EXPRESS LIMITED→ SC161469 · est 1995	£80.82M £58.19M–£103.45M	—	—	54900	30y	85	58y
GP MATTERS LIMITED→ SC424457 · est 2012	£3.46M £2.49M–£4.43M	—	—	500	13y	85	61y
ASPIRE HOUSING & PERSONAL DEVELOPMENT SERVICES LIMITED→ SC231773 · est 2002	—	—	£354.7k	—	23y	83	77y
BCERTA LTD.→ SC355831 · est 2009	—	—	—	—	17y	83	67y
COMMONWEALTH DENTAL PRACTICE LTD.→ SC381148 · est 2010 · no financials extracted	—	—	—	—	15y	83	58y
DAVID LIVINGSTONE INTERNATIONAL LIMITED→ SC118899 · est 1989	—	—	£150.4k	—	36y	83	90y
DOON CARE LTD.→ SC262088 · est 2004	—	—	£1.46M	—	22y	83	87y
DUNDONALD HOUSE NURSING HOME LIMITED→ SC296431 · est 2006	—	—	—	—	20y	83	64y
FORWARD STEPS NURSERY LTD.→ SC235287 · est 2002	—	—	£107.9k	—	23y	83	59y
MORNINGSIDE CAREHOMES (SCOTLAND) LTD.→ SC306303 · est 2006	—	—	—	7000	19y	83	75y
WOODLAND PLAY LTD→ SC727278 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
WOODSIDE CAREHOMES LTD.→ SC306304 · est 2006 · no financials extracted	—	—	—	—	19y	—	—

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

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated2003-03-31

Jurisdictionscotland

Primary SIC88990 — Other social work activities without accommodation n.e.c.

Registered office

15 Fairley Street

Glasgow

G51 2SN

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-14

Last: 2026-03-31