GLENFARG RECYCLING LIMITED

🌳Matureactive
SC249046 · ltd · incorporated 2003-05-08
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Dormant / non-trading with a 81-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 81). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 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

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-02-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-04-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-01-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-06-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-07-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-02-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2019-12-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2019-02-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2019-02-12
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  10. 2018-02-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2017-05-12
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  12. 2017-05-11
    KIPPEN CAMPBELL resigned
    corporate-secretary
  13. 2017-02-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2016-05-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2016-02-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2015-05-26
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2014-12-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2003-05-08
    🏢
    Company incorporated
    As GLENFARG RECYCLING LIMITED
  19. 2003-05-08
    MACGREGOR, Allan appointed
    director
  20. 2003-05-08
    MACGREGOR, John Merchant appointed
    director
  21. 2003-05-08
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  22. 2003-05-08
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  23. 2003-05-08
    KIPPEN CAMPBELL appointed
    corporate-secretary
  24. 2003-05-08
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  25. 2003-05-08
    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 81 — 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 81 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr John Merchant Macgregor
Individual · British · DOB 07/1945 · age 81
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Allan Macgregor
Individual · British · DOB 04/1969 · age 57
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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 · Holding company · PH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BRICKDECOR LIMITED
SC223794 · est 2001
£160.6k
£136.5k£184.7k
£160.6k24y8270y
HALLYBURTON ESTATES LIMITED
SC120222 · est 1989
36y8362y
STEWARTS PRODUCE LIMITED
SC509801 · est 2015
51610y8366y
MACNAUGHTONS LIMITED
SC246304 · est 2003
223y8273y
TAYLORS FOOD GROUP LIMITED
SC335705 · est 2007
018y8262y
BANDIRRAN ESTATES LIMITED
SC022067 · est 1942 · no financials extracted
83y8172y
CAMPHILL CENTRAL SCOTLAND SOCIAL FUND LIMITED
SC168853 · est 1996 · no financials extracted
29y8173y
ANNAT POINT (HOLDINGS) LIMITED
SC522764 · est 2015
410y8072y
CAMVO 91 LIMITED
SC259120 · est 2003
22y8069y
DRUNZIETEK LTD
SC385950 · est 2010
015y8072y
FASCADALE LIMITED
SC176103 · est 1997
228y8079y
K S REFRIGERATION SERVICE & MAINTENANCE LIMITED
SC250228 · est 2003
022y8072y
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
Incorporated2003-05-08
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

Binn Farm
Glenfarg
Perthshire
PH2 9PX

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-22
Last: 2025-05-08

Officers (2 active · 3 resigned)

MACGREGOR, Allan
director · ~57y · appointed 2003-05-08
View their other companies + combined net worth →
Active
MACGREGOR, John Merchant
director · ~81y · appointed 2003-05-08
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2003-05-08 · resigned 2003-05-08
Resigned
KIPPEN CAMPBELL
corporate-secretary · appointed 2003-05-08 · resigned 2017-05-11
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2003-05-08 · resigned 2003-05-08
Resigned

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

Recent filings (54 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-02-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-10
accounts-with-accounts-type-dormant
accounts · AA
2024-04-01
accounts-with-accounts-type-dormant
accounts · AA
2024-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-14
accounts-with-accounts-type-dormant
accounts · AA
2022-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-13
accounts-with-accounts-type-dormant
accounts · AA
2021-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-12
accounts-with-accounts-type-dormant
accounts · AA
2021-02-25
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-13
accounts-with-accounts-type-dormant
accounts · AA
2019-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-03
accounts-with-accounts-type-dormant
accounts · AA
2019-02-12