GLASGOW BUSINESS PARK LIMITED

⚰️Wound downdissolved
SC255669 · ltd · incorporated 2003-09-09
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 17.1y old — refinance window within 12 months
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 2021
Net worth
—
book net assets
Opportunity
60/100
Worth a look
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 65/100. Strong seller-intent signal (78/100, director aged 90). 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 (73/100).

🏦

Refinance opportunity

9 live charges · oldest 17.1y

65/100
clean up first

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

  • · Oldest live charge is 17.1 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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
11 officers (2 active, 11 linked, 5 with DOB)
79
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
83 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
20
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
100
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 2020Mar 2021

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2021-03-312020-03-31
Average employees200200

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 (49 events)Click to expand
  1. 2023-02-28
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2023-02-28
    🏁
    Company dissolved
  3. 2022-12-13
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2022-12-06
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2022-02-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-01-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2022-01-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2022-01-11
    ➖
    MACKINNON, Scott Hugh resigned
    director
  9. 2022-01-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2021-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-12-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2020-09-11
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  13. 2019-07-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-06-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-07-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-06-20
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  18. 2016-01-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2015-12-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2015-09-04
    ➖
    MCLETCHIE, Ronald resigned
    director
  21. 2015-09-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2015-02-20
    ➕
    MACKINNON, Scott Hugh appointed
    director
  23. 2013-09-23
    🔒
    Charge registered #9
    Lender: Bank of Scotland PLC
  24. 2013-09-03
    🔒
    Charge registered #7
    Lender: Bank of Scotland PLC
  25. 2013-09-02
    🔒
    Charge registered #8
    Lender: Bank of Scotland PLC
  26. 2013-09-02
    🔒
    Charge registered #6
    Lender: Bank of Scotland PLC
  27. 2013-09-02
    🔒
    Charge registered #5
    Lender: Bank of Scotland PLC
  28. 2009-07-13
    ➖
    MCDONALD, Derek resigned
    director
  29. 2009-06-25
    ➕
    HARVIE, Kenneth Telford appointed
    secretary
  30. 2009-06-25
    ➖
    EDWARDS, Laurence John resigned
    secretary
  31. 2009-05-01
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  32. 2009-04-29
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC
  33. 2009-04-29
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  34. 2009-04-29
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  35. 2009-03-26
    ➕
    MCDONALD, Derek appointed
    director
  36. 2009-02-17
    ➖
    BARKLEY, John resigned
    director
  37. 2007-08-31
    ➕
    EDWARDS, Laurence John appointed
    secretary
  38. 2007-08-31
    ➖
    MACRAE, Alistair Ian resigned
    secretary
  39. 2004-01-06
    ➖
    BARKLEY, John resigned
    secretary
  40. 2004-01-05
    ➕
    MACRAE, Alistair Ian appointed
    secretary
  41. 2003-10-20
    ➕
    HARVIE, John Smith appointed
    director
  42. 2003-10-20
    ➕
    BARKLEY, John appointed
    secretary
  43. 2003-10-20
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  44. 2003-10-20
    ➕
    BARKLEY, John appointed
    director
  45. 2003-10-20
    ➕
    MCLETCHIE, Ronald appointed
    director
  46. 2003-10-20
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  47. 2003-09-09
    🏢
    Company incorporated
    As GLASGOW BUSINESS PARK LIMITED
  48. 2003-09-09
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  49. 2003-09-09
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

100/100
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 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 90 — succession pressure is live.

Succession & seller-readiness

100/100
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 90 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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 · 1 low
Company dissolved
high

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

Evidence: Dissolved on 2023-02-28

9 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr John Smith Harvie
Individual · British · DOB 08/1936 · age 90
75–100%
75–100%75-100% shares · 75-100% voting31/03/2021
1 historic (ceased) PSC
  • Silverbank Development Company Limitedceased 31/03/2021· 75-100% shares · 75-100% voting · board control

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

10 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

Statusdissolved
Typeltd
Incorporated2003-09-09
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

Titanium 1 Kings Inch Place
Renfrew
PA4 8WF
Scotland

Filing status

Accounts
Next due: —
Last made up to: 2021-03-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 9 resigned)

HARVIE, Kenneth Telford→
secretary · appointed 2009-06-25
View their other companies + combined net worth →
Active
HARVIE, John Smith→
director · ~90y · appointed 2003-10-20
View their other companies + combined net worth →
Active
BARKLEY, John→
secretary · appointed 2003-10-20 · resigned 2004-01-06
Resigned
EDWARDS, Laurence John→
secretary · appointed 2007-08-31 · resigned 2009-06-25
Resigned
MACRAE, Alistair Ian→
secretary · appointed 2004-01-05 · resigned 2007-08-31
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2003-09-09 · resigned 2003-10-20
Resigned
BARKLEY, John→
director · ~78y · appointed 2003-10-20 · resigned 2009-02-17
Resigned
MACKINNON, Scott Hugh→
director · ~60y · appointed 2015-02-20 · resigned 2022-01-11
Resigned
MCDONALD, Derek→
director · ~59y · appointed 2009-03-26 · resigned 2009-07-13
Resigned
MCLETCHIE, Ronald→
director · ~80y · appointed 2003-10-20 · resigned 2015-09-04
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2003-09-09 · resigned 2003-10-20
Resigned

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

Mortgages & charges

9
Total charges
9
Outstanding
1
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property23/09/2013—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property03/09/2013—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property02/09/2013—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property02/09/2013—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property02/09/2013—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property01/05/2009—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Assignation of rents1 property29/04/2009—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Pledge over accounts1 property29/04/2009—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Floating charge1 property29/04/2009—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (83 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2023-02-28
gazette-notice-voluntary
gazette · GAZ1(A)
2022-12-13
dissolution-application-strike-off-company
dissolution · DS01
2022-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-07
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-01-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-01-18
termination-director-company-with-name-termination-date
officers · TM01
2022-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-12-10
change-account-reference-date-company-previous-extended
accounts · AA01
2020-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-02