CLYDE PHARMACY LIMITED

💤Zombieactive

SC273095 · ltd · incorporated 2004-09-08

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

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 Sept 2025

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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

What this business does

Primary activity: Dispensing chemist in specialised stores

Sector: Wholesale & retail

Investor take

Pursue

Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 21.8y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 21.8 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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

Lenders & charges

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

Directors & officers

9 officers (1 active, 9 linked, 6 with DOB)

Ownership & PSC

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

Director network

2 connected companies via shared directors

Filing history

69 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

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	2025-09-30	2024-09-30
Total assets	—	£1.66M
Current assets	—	£1.77M
Cash	—	£1.39M
Debtors	—	£336.3k
Net assets	—	£1.66M
Average employees	11	—

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

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (35 events)Click to expand

2026-04-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-01
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-20
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-05-20
🔓
Charge satisfied #1
2020-03-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-05-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-10
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2018-05-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-11-10
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-06-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-06-23
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-09-15
➖
FERGUSON, Jim resigned
secretary
2015-09-15
➖
FERGUSON, Jim resigned
director
2007-07-24
➕
FERGUSON, Jim appointed
secretary
2007-07-24
➖
RAE, James Falconer resigned
secretary
2007-07-24
➕
FERGUSON, Jim appointed
director
2007-07-24
➖
RAE, James Falconer resigned
director
2004-11-09
➕
RAE, Elaine Margaret appointed
director
2004-11-09
➖
LINTS, Simon Philip resigned
secretary
2004-11-09
➕
RAE, James Falconer appointed
secretary
2004-11-09
➖
BELL, Graeme Davie resigned
director
2004-11-09
➖
LINTS, Simon Philip resigned
director
2004-11-09
➖
MUNRO, Donald Hume resigned
director
2004-11-09
➕
RAE, James Falconer appointed
director
2004-09-30
🔒
Charge registered #1
Lender: Clydesdale Bank Public Limited Company
2004-09-08
🏢
Company incorporated
As CLYDE PHARMACY LIMITED
2004-09-08
➕
LINTS, Simon Philip appointed
secretary
2004-09-08
➕
BELL, Graeme Davie appointed
director
2004-09-08
➕
LINTS, Simon Philip appointed
director
2004-09-08
➕
MUNRO, Donald Hume appointed
director

Owner dependency

93/100

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 22 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

85/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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

clean

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

Group structure

Armychap Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Armychap Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

CLYDE PHARMACY LIMITED

This company · SC273095

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Armychap Limited Corporate entity	75–100%	—	75-100% shares	06/04/2016

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 · Retail · PA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
COWAL BUILDING & PLUMBING SUPPLIES LIMITED→ SC080544 · est 1982	£199.8k £149.9k–£249.8k	—	—	74	43y	85	75y
CAMPBELLS OF ISLAY LTD→ SC630925 · est 2019	£21.5k £16.1k–£26.9k	—	—	800	7y	88	37y
GUITAR GUITAR LIMITED→ SC247523 · est 2003 · no financials extracted	—	—	—	—	23y	83	75y
INVERCOAST LIMITED→ SC273412 · est 2004	—	—	—	85	21y	83	59y
ALDERGREEN LIMITED→ SC391318 · est 2011	—	—	—	2	15y	82	59y
ANGELLINE (SCOTLAND) LTD.→ SC385592 · est 2010	—	—	—	0	15y	82	61y
ARMYCHAP LIMITED→ SC274762 · est 2004	—	—	—	0	21y	82	61y
BLAIRMORE HERITAGE LIMITED→ SC263059 · est 2004	—	—	£35.6k	—	22y	82	72y
BOWMORE FILLING STATION LIMITED→ SC259944 · est 2003	—	—	£208.8k	—	22y	82	64y
COMMERCIAL & INDUSTRIAL CLEANING SUPPLIES LIMITED→ SC292909 · est 2005 · no financials extracted	—	—	—	—	20y	82	62y
DALLAS CARPETS SCOTLAND LTD.→ SC239903 · est 2002	—	—	£467.7k	—	23y	82	60y
GRAMPIAN SPORTS LIMITED→ SC038433 · est 1963 · no financials extracted	—	—	—	—	63y	82	64y

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

Incorporated2004-09-08

Jurisdictionscotland

Primary SIC47730 — Dispensing chemist in specialised stores

Registered office

Hermiston

Glencairn Road

Kilmacolm

Renfrewshire

PA13 4NR

Scotland

Filing status

Accounts

Next due: 2027-06-30

Last made up to: 2025-09-30

Confirmation statement

Next due: 2026-09-22

Last: 2025-09-08

Officers (1 active · 8 resigned)

RAE, Elaine Margaret→

director · ~61y · appointed 2004-11-09

View their other companies + combined net worth →

Active

FERGUSON, Jim→

secretary · appointed 2007-07-24 · resigned 2015-09-15

Resigned

LINTS, Simon Philip→

secretary · appointed 2004-09-08 · resigned 2004-11-09

Resigned

RAE, James Falconer→

secretary · appointed 2004-11-09 · resigned 2007-07-24

Resigned

BELL, Graeme Davie→

director · ~72y · appointed 2004-09-08 · resigned 2004-11-09

Resigned

FERGUSON, Jim→

director · ~91y · appointed 2007-07-24 · resigned 2015-09-15

Resigned

LINTS, Simon Philip→

director · ~62y · appointed 2004-09-08 · resigned 2004-11-09

Resigned

MUNRO, Donald Hume→

director · ~90y · appointed 2004-09-08 · resigned 2004-11-09

Resigned

RAE, James Falconer→

director · ~70y · appointed 2004-11-09 · resigned 2007-07-24

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
	satisfied	Virgin Money Clydesdale Bank Public Limited Company	Floating charge	1 property	30/09/2004	20/05/2020

Recent filings (69 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-04-09

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-09-17

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2025-09-01

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-03-19

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-09-09

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-03-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-09-08

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-05-11

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-09-08

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-02-16

confirmation-statement-with-updates

confirmation-statement · CS01

2021-09-08

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-01-21

confirmation-statement-with-updates

confirmation-statement · CS01

2020-09-09

mortgage-satisfy-charge-full

mortgage · MR04

2020-05-20

accounts-with-accounts-type-total-exemption-full

accounts · AA

2020-03-05