GREENBELT HOLDINGS LIMITED

🌳Matureactive

SC273733 · ltd · incorporated 2004-09-23

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

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: Activities of head offices

Sector: Professional, scientific & technical

Investor take

Pursue

Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 21.5y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 21.5 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (58/100)

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

No iXBRL financials extracted

Lenders & charges

5 charges (5/5 with lender, 5/5 with type)

Directors & officers

16 officers (8 active, 16 linked, 11 with DOB)

Ownership & PSC

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

Director network

7 connected companies via shared directors

Filing history

111 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.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (51 events)Click to expand

2025-10-09
📄
accounts-with-accounts-type-group
accounts · AA
2025-09-16
📄
change-person-director-company-with-change-date
officers · CH01
2025-09-16
📄
change-person-secretary-company-with-change-date
officers · CH03
2025-05-13
📄
capital-allotment-shares
capital · SH01
2025-03-24
📄
memorandum-articles
incorporation · MA
2025-03-24
📄
resolution
resolution · RESOLUTIONS
2024-12-23
📄
accounts-with-accounts-type-group
accounts · AA
2024-05-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-04-30
➕
GALBRAITH, Eric Roger appointed
director
2023-12-18
📄
accounts-with-accounts-type-group
accounts · AA
2023-11-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-11-03
📄
change-person-secretary-company-with-change-date
officers · CH03
2023-10-31
➕
COOPER, Adam appointed
director
2023-09-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-09-24
➖
MORE, Gerry Campbell resigned
director
2023-05-30
📄
capital-allotment-shares
capital · SH01
2022-12-21
📄
accounts-with-accounts-type-group
accounts · AA
2021-12-31
📄
accounts-with-accounts-type-group
accounts · AA
2021-01-07
📄
accounts-with-accounts-type-group
accounts · AA
2020-10-06
📄
memorandum-articles
incorporation · MA
2020-10-06
📄
resolution
resolution · RESOLUTIONS
2020-04-01
➕
DUTHIE, Andrew Marr appointed
director
2020-04-01
➕
MURRAY, Glen appointed
director
2018-06-29
➕
COOPER, Adam appointed
secretary
2018-06-29
➕
MCQUILLAN, Janet appointed
director
2018-06-29
➕
THOMSON, Colin David appointed
director
2018-06-07
➖
BURTON, Anthony Winston resigned
director
2017-12-08
➖
SHIPTON, Anne resigned
secretary
2016-03-29
🔓
Charge satisfied #3
2016-03-29
🔓
Charge satisfied #2
2016-03-29
🔓
Charge satisfied #1
2016-03-17
🔒
Charge registered #5
Lender: National Westminster Bank PLC
2016-03-17
🔒
Charge registered #4
Lender: National Westminster Bank PLC
2014-11-10
➖
TAYLOR, Richard Mitchell resigned
director
2013-10-29
➖
ARMOUR, David John resigned
director
2013-03-22
➕
MORE, Gerry Campbell appointed
director
2013-02-18
🔒
Charge registered #3
Lender: Maven Capital Partners UK LLP
2012-11-26
➕
SHIPTON, Anne appointed
secretary
2012-11-26
➖
TAYLOR, Richard Mitchell resigned
secretary
2010-10-01
➕
TAYLOR, Richard Mitchell appointed
secretary
2009-10-01
➖
DW COMPANY SERVICES LIMITED resigned
corporate-secretary
2009-09-21
🔒
Charge registered #2
Lender: Maven Capital Partners UK LLP
2008-03-01
➕
ARMOUR, David John appointed
director
2004-10-29
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
2004-10-14
➖
TAYLOR, Ethel Louise resigned
secretary
2004-10-14
➕
DW COMPANY SERVICES LIMITED appointed
corporate-secretary
2004-09-23
🏢
Company incorporated
As GREENBELT HOLDINGS LIMITED
2004-09-23
➕
MIDDLETON, Alexander appointed
director
2004-09-23
➕
TAYLOR, Ethel Louise appointed
secretary
2004-09-23
➕
BURTON, Anthony Winston appointed
director

Showing most recent 50 of 51 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

-7 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 67 — succession pressure is live.

Succession & seller-readiness

70/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

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.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Alexander Middleton Individual · British · DOB 12/1964 · age 62	75–100%	50–75%	board control75-100% shares · 75-100% voting · board control	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 · Professional services · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ICAFE LIMITED→ SC400929 · est 2011 · no financials extracted	—	—	—	—	14y	—	—
ICE AGE LIVING LTD→ SC650465 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
IDCP SCOTLAND LIMITED→ SC666120 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
IEC SERVICES LTD→ SC776765 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
IG GLASS GROUP LIMITED→ SC098991 · est 1986 · no financials extracted	—	—	—	—	39y	—	—
IHON HOLDINGS LIMITED→ SC666062 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
ILINK RECRUITMENT LIMITED→ SC777027 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ILLETROP LIMITED→ SC367357 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
IMC BUSINESS LIMITED→ SC795793 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
IMPACT BIDS LIMITED→ SC633346 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
INCH ARCHITECTURE & DESIGN→ SC431145 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
INCHGARVIE LIMITED→ SC773636 · est 2023 · no financials extracted	—	—	—	—	2y	—	—

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

Incorporated2004-09-23

Jurisdictionscotland

Primary SIC70100 — Activities of head offices

Registered office

Mccafferty House

99 Firhill Road

Glasgow

G20 7BE

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-12-09

Last: 2025-11-25