SAM (GLASGOW) LTD.

💤Zombieactive
SC278306 · ltd · incorporated 2005-01-12
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 Mar 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Active trading company with a 75-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 75). Share purchase looks the cleaner deal structure. 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 (73/100).

🏦

Refinance opportunity

2 live charges · oldest 21.3y

45/100
under pressure

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

  • · Oldest live charge is 21.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
54 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£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees00

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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
0
filings
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-12-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-10-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-12-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-05-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-12-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-03-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2019-05-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2019-01-21
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  9. 2019-01-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2018-06-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2017-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-10-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2016-01-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-07-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2015-07-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2013-07-10
    🔓
    Charge satisfied #1
  17. 2005-03-28
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  18. 2005-02-03
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  19. 2005-01-12
    🏢
    Company incorporated
    As SAM (GLASGOW) LTD.
  20. 2005-01-12
    ➕
    MCQUADE, Irene Halkerston appointed
    secretary
  21. 2005-01-12
    ➕
    MCQUADE, Robert appointed
    director
  22. 2005-01-12
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  23. 2005-01-12
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  24. 2005-01-12
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  25. 2005-01-12
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

100/100
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 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 75 — succession pressure is live.

Succession & seller-readiness

100/100
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 75 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Irene Halkerston Mcquade
Individual · British · DOB 01/1945 · age 81
25–50%
—25-50% shares06/04/2016
Mr Robert Mcquade
Individual · British · DOB 01/1951 · age 75
25–50%
—25-50% 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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————27y8370y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2005-01-12
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

216 West George Street
Glasgow
G2 2PQ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-26
Last: 2026-01-12

Officers (2 active · 2 resigned)

MCQUADE, Irene Halkerston→
secretary · appointed 2005-01-12
View their other companies + combined net worth →
Active
MCQUADE, Robert→
director · ~75y · appointed 2005-01-12
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2005-01-12 · resigned 2005-01-12
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2005-01-12 · resigned 2005-01-12
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property28/03/2005—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property03/02/200510/07/2013
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (54 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-21
accounts-with-accounts-type-dormant
accounts · AA
2025-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-23
accounts-with-accounts-type-dormant
accounts · AA
2024-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-19
accounts-with-accounts-type-dormant
accounts · AA
2023-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-24
accounts-with-accounts-type-dormant
accounts · AA
2022-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-13
accounts-with-accounts-type-dormant
accounts · AA
2021-12-30
accounts-with-accounts-type-dormant
accounts · AA
2021-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-28
accounts-with-accounts-type-dormant
accounts · AA
2019-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-01-21