THE GLENESK TRUST

🌳Matureactive

SC262641 · private-limited-guarant-nsc-limited-exemption · incorporated 2004-01-29

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Why now

Window opening · medium confidence

More negotiable than before — 1 signals weakening over the last 30 days.

· Deal-killer verdict: workable → complicated

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 21.7y old — refinance window within 12 months

What changed my view

Last 30 days

Picture worsened over the last 30 days — 1 negative signal vs 0 positive.

↓Deal-killer verdict: workable → complicated

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 Dec 2024

Net worth

—

book net assets

Opportunity

80/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other professional, scientific and technical activities n.e.c.

Sector: Professional, scientific & technical

Investor take

Pursue

Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 72). 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 21.7y

65/100

clean up first

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

· Oldest live charge is 21.7 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 38/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

53 officers (5 active, 53 linked, 47 with DOB)

Ownership & PSC

1 active PSC(s) of 11 total, 11 with control declared

Director network

4 connected companies via shared directors

Filing history

196 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31	2023-12-31
Average employees	1	300

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

filings

• 5 officers
• 2 persons-with-significant-control

Last 180 days

filings

• 13 officers
• 2 persons-with-significant-control
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (126 events)Click to expand

2026-05-29
➖
KIDD, Alan resigned
director
2026-05-29
➖
KIDD, Fiona Margaret resigned
director
2026-05-29
➖
MCINTOSH, Muriel resigned
director
2026-05-29
➖
TAYLOR, Anne Thomson resigned
director
2026-05-29
➖
WILLIAMSON, Jackie resigned
director
2026-05-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-05-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-05-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-05-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-05-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-05-26
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-05-26
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-29
➖
MACDONELL, Maria Christian resigned
director
2026-03-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-03
➖
ASPINWALL, Virginia Calderwood resigned
director
2026-03-01
➖
BENVIE, Rachel Heather Frances resigned
director
2026-02-17
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-02-17
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-02-17
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-02-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-02-10
➕
BENVIE, Rachel Heather Frances appointed
director
2026-02-10
➕
KIDD, Alan appointed
director
2026-02-10
➕
MCINTOSH, Muriel appointed
director
2026-02-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-12-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-12-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-12-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-11-27
➕
GALL, Simon Emslie appointed
director
2025-11-27
➕
RITCHIE, Duncan appointed
director
2025-11-27
➕
KIDD, Fiona Margaret appointed
director
2025-11-27
➕
TAYLOR, Anne Thomson appointed
director
2025-11-27
➕
WILLIAMSON, Jackie appointed
director
2025-11-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-07-11
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-29
➖
LITTLEJOHN, Michael Henry resigned
director
2024-01-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-01-19
➖
REID, Alison resigned
director
2024-01-01
➕
CAVE, Julie Ann appointed
secretary
2023-12-31
➖
HOUSTON, James Edward resigned
secretary
2023-12-31
➖
HOUSTON, James Edward resigned
director
2021-10-27
➖
COOKE, Richard Martin John resigned
secretary
2021-10-27
➕
HOUSTON, James Edward appointed
secretary
2021-10-27
➖
COOKE, Richard Martin John resigned
director
2021-10-27
➖
NICOL, Gavin George Milne resigned
director
2021-10-27
➖
TAYLOR, Jackie resigned
director
2020-07-27
➖
SKENE, Susan Mary resigned
director

Showing most recent 50 of 126 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

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 72 — 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 72 years old. Natural succession window is now.
primary20+ year tenure: Director in role 22 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

1 med ·

8 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: ASPINWALL, Virginia Calderwood resigned 2026-03-03; BENVIE, Rachel Heather Frances resigned 2026-03-01; KIDD, Alan resigned 2026-05-29

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Robert Gall Myles Individual · British · DOB 02/1954 · age 72	—	—	sig. influencesignificant influence	06/04/2016

10 historic (ceased) PSCs

Ms Maria Christian Macdonellceased 29/03/2026· significant influence
Ms Virginia Calderwood Aspinwallceased 03/03/2026· significant influence
Mr Michael Henry Littlejohnceased 29/01/2024· significant influence
Mr James Edward Houstonceased 31/12/2023· significant influence
Miss Susan Mary Skeneceased 31/12/2022· significant influence
Mr Richard Martin John Cookeceased 27/10/2021· significant influence
Mrs Brenda Moir Skeneceased 31/12/2019· significant influence
Garry Maclennanceased 28/11/2017· significant influence
Mr Norman Keir Atkinsonceased 28/11/2017· significant influence
Jason Clampceased 28/11/2017· significant influence

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 · Professional services · DD postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
D J LAING GROUP LIMITED→ SC398954 · est 2011	£3.19M £2.35M–£4.03M	—	—	—	15y	82	79y
MARTIN ALAN HOLDINGS LIMITED→ SC308225 · est 2006	£1.97M £1.45M–£2.49M	—	—	53	19y	88	69y
JTC FURNITURE GROUP LIMITED→ SC368612 · est 2009	£753.7k £555.4k–£952.0k	—	—	4	16y	82	64y
CLYDE VALLEY INVESTMENTS LIMITED→ SC350813 · est 2008	—	—	—	2	17y	83	58y
THE INSIGHTS GROUP LIMITED→ SC166543 · est 1996 · no financials extracted	—	—	—	—	30y	83	86y
AEMS LIMITED→ SC329130 · est 2007	—	—	—	—	18y	82	69y
ATELIER-M LIMITED→ SC289842 · est 2005	—	—	—	300	20y	82	61y
BELLSHELF (NINETY EIGHT) LIMITED→ SC396803 · est 2011	—	—	£37.2k	—	15y	82	64y
BELLSHELF (NINETY SEVEN) LIMITED→ SC271323 · est 2004	—	—	£370.1k	—	21y	82	64y
DEEP TEK LIMITED→ SC191642 · est 1998	—	—	—	200	27y	82	68y
DOUGLAS J. MARTIN & CO. (SCOTLAND) LIMITED→ SC297521 · est 2006	—	—	£35.1k	—	20y	82	70y
EVOTEK LIMITED→ SC270149 · est 2004	—	—	—	100	21y	82	59y

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

Incorporated2004-01-29

Jurisdictionscotland

Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

The Glenesk Folk Museum

Glenesk

Brechin

Angus

DD9 7YT

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-02-12

Last: 2026-01-29

Officers (5 active · 48 resigned)

CAVE, Julie Ann→

secretary · appointed 2024-01-01

View their other companies + combined net worth →

Active

GALL, Simon Emslie→

director · ~42y · appointed 2025-11-27

View their other companies + combined net worth →

Active

MCGREGOR, Fionna Margot→

director · ~66y · appointed 2019-03-05

View their other companies + combined net worth →

Active

MYLES, Robert Gall→

director · ~72y · appointed 2004-01-29

View their other companies + combined net worth →

Active

RITCHIE, Duncan→

director · ~58y · appointed 2025-11-27

View their other companies + combined net worth →

Active

COOKE, Richard Martin John→

secretary · appointed 2014-02-04 · resigned 2021-10-27

Resigned

COOKE, Richard Martin John→

secretary · appointed 2014-01-01 · resigned 2014-01-01

Resigned

HOUSTON, James Edward→

secretary · appointed 2021-10-27 · resigned 2023-12-31

Resigned

J & H MITCHELL→

corporate-secretary · appointed 2004-01-29 · resigned 2014-01-01

Resigned

J & H MITCHELL LLP→

corporate-secretary · appointed 2014-01-01 · resigned 2014-02-04

Resigned

ASPINWALL, Virginia Calderwood→

director · ~72y · appointed 2013-07-03 · resigned 2026-03-03

Resigned

ATKINSON, Norman Keir→

director · ~76y · appointed 2014-11-12 · resigned 2017-11-28

Resigned

BENVIE, Rachel Heather Frances→

director · ~63y · appointed 2026-02-10 · resigned 2026-03-01

Resigned

BERTRAM, Norma Lyall→

director · ~62y · appointed 2004-01-29 · resigned 2005-06-27

Resigned

BURKE, Margaret Eve→

director · ~70y · appointed 2005-06-27 · resigned 2008-06-17

Resigned

CAITHNESS, Joan→

director · ~73y · appointed 2017-11-28 · resigned 2019-03-05

Resigned

CAITHNESS, Ronald Peter→

director · ~78y · appointed 2011-11-03 · resigned 2012-06-27

Resigned

CLAMP, Jason→

director · ~55y · appointed 2015-11-18 · resigned 2017-11-28

Resigned

COOKE, Richard Martin John→

director · ~75y · appointed 2011-11-03 · resigned 2021-10-27

Resigned

COOKE, Richard Martin John→

director · ~75y · appointed 2004-01-29 · resigned 2011-11-03

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	New Opportunities Fund (Operating as the Big Lottery Fund)	Standard security	1 property	03/11/2004	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (196 total)

termination-director-company-with-name-termination-date

officers · TM01

2026-05-29

termination-director-company-with-name-termination-date

officers · TM01

2026-05-29

termination-director-company-with-name-termination-date

officers · TM01

2026-05-29

termination-director-company-with-name-termination-date

officers · TM01

2026-05-29

termination-director-company-with-name-termination-date

officers · TM01

2026-05-29

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2026-05-26

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2026-05-26

termination-director-company-with-name-termination-date

officers · TM01

2026-03-29

termination-director-company-with-name-termination-date

officers · TM01

2026-03-29

termination-director-company-with-name-termination-date

officers · TM01

2026-03-29

appoint-person-director-company-with-name-date

officers · AP01

2026-02-17

appoint-person-director-company-with-name-date

officers · AP01

2026-02-17

appoint-person-director-company-with-name-date

officers · AP01

2026-02-17

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-02-12

appoint-person-director-company-with-name-date

officers · AP01

2026-02-11