GLAM LEISURE LIMITED
⚰️Wound downdissolved
SC263636 · ltd · incorporated 2004-02-18
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 21.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
54/100
Worth a look
What this business does
Primary activity: SIC 5540
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 54/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. 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: strategic trade sale (53/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
1 live charge · oldest 21.6y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 21.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
9 connected companies via shared directors
72
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
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 (38 events)Click to expand
- 2010-04-27⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2010-04-27🏁Company dissolved
- 2010-01-27⚠️liquidation-court-order-early-dissolutioninsolvency · O/C EARLY DISS
- 2009-07-29⚠️liquidation-compulsory-notice-winding-up-scotlandinsolvency · CO4.2(Scot)
- 2009-07-29⚠️liquidation-compulsory-winding-up-order-scotlandinsolvency · 4.2(Scot)
- 2009-07-29📍legacyaddress · 287
- 2009-07-03⚠️liquidation-compulsory-appointment-provisional-liquidator-scotlandinsolvency · 4.9(Scot)
- 2008-11-18📄legacymortgage · 419a(Scot)
- 2008-11-15🔓Charge satisfied #1
- 2008-09-24📄legacyofficers · 288b
- 2008-09-23➖SAMSON, Jayne resignedsecretary
- 2008-03-07📄legacyannual-return · 363a
- 2008-01-07📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-10-04📄legacyofficers · 288a
- 2007-09-29➕RAMZAN, Tahir appointeddirector
- 2007-09-13📍legacyaddress · 287
- 2007-03-14📄legacyannual-return · 363a
- 2006-12-22📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-03-16📄legacyannual-return · 363s
- 2005-11-18📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2005-03-22📄legacyannual-return · 363s
- 2004-10-18📄legacymortgage · 410(Scot)
- 2004-10-08🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2004-05-14📄memorandum-articlesincorporation · MA
- 2004-03-18📄legacyofficers · 288a
- 2004-03-18📄legacyofficers · 288a
- 2004-03-18📄legacyofficers · 288b
- 2004-03-18📄legacyofficers · 288b
- 2004-03-18📄legacycapital · 88(2)R
- 2004-03-03✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2004-02-26➕CRUICKSHANK, Angus William appointeddirector
- 2004-02-26➕SAMSON, Jayne appointeddirector
- 2004-02-26➕SAMSON, Jayne appointedsecretary
- 2004-02-26➖THORNTONS WS resignedcorporate-secretary
- 2004-02-26➖HUTCHESON, Iain Henderson resigneddirector
- 2004-02-18🏢Company incorporatedAs GLAM LEISURE LIMITED
- 2004-02-18➕THORNTONS WS appointedcorporate-secretary
- 2004-02-18➕HUTCHESON, Iain Henderson appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 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
2 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-04-27
5 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2010-04-27: gazette-dissolved-liquidation; 2010-01-27: liquidation-court-order-early-dissolution
🔒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 · Hospitality · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GREEN PARK LIMITED→ SC170546 · est 1996 | £2.29M £1.72M–£2.86M | £3.47M | — | 5500 | 29y | 84 | 65y |
| TAILEND RESTAURANT (ST ANDREWS) LIMITED→ SC359357 · est 2009 | — | — | — | -4900 | 17y | 83 | 70y |
| APPLETREE (FORFAR) LIMITED→ SC388969 · est 2010 | — | — | £5.6k | — | 15y | 82 | 71y |
| BAXTER CROWE DEVELOPMENTS LIMITED→ SC216197 · est 2001 | — | — | £71.0k | — | 25y | 82 | 68y |
| BROOKPEAK LIMITED→ SC358190 · est 2009 | — | — | £5.5k | — | 17y | 82 | 60y |
| C. & S. SCHOFIELD LIMITED→ SC285780 · est 2005 | — | — | — | 0 | 20y | 82 | 74y |
| CAMVO 197 LIMITED→ SC392612 · est 2011 | — | — | — | 2 | 15y | 82 | 68y |
| ITC (SCOTLAND) LIMITED→ SC285302 · est 2005 | — | — | — | 3 | 20y | 82 | 80y |
| KELVIN HOTEL (OBAN) LTD→ SC338208 · est 2008 | — | — | £574.5k | — | 18y | 82 | 66y |
| LINDSAY STREET PROPERTIES LIMITED→ SC067260 · est 1979 | — | — | — | 4 | 47y | 82 | 71y |
| THE GOLFY LIMITED→ SC356796 · est 2009 | — | — | — | 1200 | 17y | 82 | 60y |
| THE STRATH BAR LIMITED→ SC304587 · est 2006 | — | — | — | 200 | 19y | 82 | 66y |
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
Incorporated2004-02-18
Jurisdictionscotland
Primary SIC5540 — SIC 5540
Registered office
Unit 2, Delta House Gemini Crescent
Dundee Technology Park
Dundee
DD2 1SW
Filing status
Accounts
Next due: —
Last made up to: 2007-02-28
Confirmation statement
Next due: —
Last: —
Officers (0 active · 3 resigned)
CRUICKSHANK, Angus William→
Activedirector · ~67y · appointed 2004-02-26
View their other companies + combined net worth →
RAMZAN, Tahir→
Activedirector · ~55y · appointed 2007-09-29
View their other companies + combined net worth →
SAMSON, Jayne→
Activedirector · ~54y · appointed 2004-02-26
View their other companies + combined net worth →
SAMSON, Jayne→
Resignedsecretary · appointed 2004-02-26 · resigned 2008-09-23
THORNTONS WS→
Resignedcorporate-secretary · appointed 2004-02-18 · resigned 2004-02-26
HUTCHESON, Iain Henderson→
Resigneddirector · ~64y · appointed 2004-02-18 · resigned 2004-02-26
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 08/10/2004 | 15/11/2008 |
Recent filings (26 total)
gazette-dissolved-liquidation
gazette · GAZ2
2010-04-27
liquidation-court-order-early-dissolution
insolvency · O/C EARLY DISS
2010-01-27
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
2009-07-29
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
2009-07-29
legacy
address · 287
2009-07-29
liquidation-compulsory-appointment-provisional-liquidator-scotland
insolvency · 4.9(Scot)
2009-07-03
legacy
mortgage · 419a(Scot)
2008-11-18
legacy
officers · 288b
2008-09-24
legacy
annual-return · 363a
2008-03-07
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-01-07
legacy
officers · 288a
2007-10-04
legacy
address · 287
2007-09-13
legacy
annual-return · 363a
2007-03-14
accounts-with-accounts-type-total-exemption-small
accounts · AA
2006-12-22
legacy
annual-return · 363s
2006-03-16