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.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2025
Net worth
book net assets
Opportunity
82/100
Exceptional
🔔
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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 21.6y

45/100
under pressure

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

  • · Oldest live charge is 21.6 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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
9 officers (1 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
69 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
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
£0£355k£710k£1.1m£1.4m£1.8mSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-30
Total assets£1.66M
Current assets£1.77M
Cash£1.39M
Debtors£336.3k
Net assets£1.66M
Average employees11

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-04-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-09-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-03-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-03-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-05-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-02-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-01-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-05-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2020-05-20
    🔓
    Charge satisfied #1
  10. 2020-03-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-09-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  13. 2018-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-11-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2017-06-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-06-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-09-15
    FERGUSON, Jim resigned
    secretary
  18. 2015-09-15
    FERGUSON, Jim resigned
    director
  19. 2007-07-24
    FERGUSON, Jim appointed
    secretary
  20. 2007-07-24
    RAE, James Falconer resigned
    secretary
  21. 2007-07-24
    FERGUSON, Jim appointed
    director
  22. 2007-07-24
    RAE, James Falconer resigned
    director
  23. 2004-11-09
    RAE, Elaine Margaret appointed
    director
  24. 2004-11-09
    LINTS, Simon Philip resigned
    secretary
  25. 2004-11-09
    RAE, James Falconer appointed
    secretary
  26. 2004-11-09
    BELL, Graeme Davie resigned
    director
  27. 2004-11-09
    LINTS, Simon Philip resigned
    director
  28. 2004-11-09
    MUNRO, Donald Hume resigned
    director
  29. 2004-11-09
    RAE, James Falconer appointed
    director
  30. 2004-09-30
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  31. 2004-09-08
    🏢
    Company incorporated
    As CLYDE PHARMACY LIMITED
  32. 2004-09-08
    LINTS, Simon Philip appointed
    secretary
  33. 2004-09-08
    BELL, Graeme Davie appointed
    director
  34. 2004-09-08
    LINTS, Simon Philip appointed
    director
  35. 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%
NameSharesVoting rightsNature of controlNotified
Armychap Limited
Corporate entity
75100%
75-100% shares06/04/2016

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 →

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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

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property30/09/200420/05/2020

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