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.

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 21.5y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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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 73-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 73). 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 21.5y

65/100

clean up first

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

· Oldest live charge is 21.5 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 (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

Lenders & charges

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

Directors & officers

53 officers (10 active, 53 linked, 47 with DOB)

Ownership & PSC

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

Director network

2 connected companies via shared directors

Filing history

189 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

• 8 officers
• 1 confirmation-statement

Last 180 days

filings

• 11 officers
• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (120 events)Click to expand

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
➕
KIDD, Alan appointed
director
2026-02-10
➕
MCINTOSH, Muriel appointed
director
2026-02-10
➕
BENVIE, Rachel Heather Frances 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
➕
KIDD, Fiona Margaret appointed
director
2025-11-27
➕
RITCHIE, Duncan 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
2024-01-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-01-12
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-12
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-11
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2024-01-11
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2024-01-11
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
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
2019-03-05
➕
MCGREGOR, Fionna Margot appointed
director
2019-03-05
➖
CAITHNESS, Joan resigned
director
2019-03-05
➕
REID, Alison appointed
director
2019-03-05
➕
TAYLOR, Jackie appointed
director
2018-11-28
➖
SKENE, Brenda Moir resigned
director
2017-11-28
➖
ATKINSON, Norman Keir resigned
director

Showing most recent 50 of 120 events

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-9 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 73 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 73 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 ·

3 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; MACDONELL, Maria Christian resigned 2026-03-29

Shareholders & ownership

3 active beneficial owners

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
Ms Virginia Calderwood Aspinwall Individual · British · DOB 05/1954 · age 72	—	—	sig. influencesignificant influence	06/04/2016
Ms Maria Christian Macdonell Individual · British · DOB 01/1959 · age 67	—	—	sig. influencesignificant influence	06/04/2016

8 historic (ceased) PSCs

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

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P & G FINANCE LTD→ SC722298 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
PAR LAW LIMITED→ SC838676 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
PARKER BAY CAPITAL LIMITED→ SC856556 · est 2025 · no financials extracted	—	—	—	—	—	—	—
PAUL W JOHNSON CONSULTANCY LTD.→ SC307107 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
PHIL BROOKES CONSULTING LTD→ SC778775 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
PJG MAINTENANCE SOLUTIONS LTD→ SC645888 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
PQ GLOBAL CONSULTANCY LTD→ SC818146 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
PRECISION ACCOUNTANTS & BUSINESS ADVISORS LIMITED→ SC808111 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
PRECISION ENGINEERING GROUP LTD→ SC778785 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
PRESENTINGURPROPERTY LTD→ SC654651 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
PRO ENERGY RESOURCES LIMITED→ SC616474 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
PROCUREMENT STORY LIMITED→ SC614702 · est 2018 · no financials extracted	—	—	—	—	7y	—	—

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