CASTLEGLEN DECORATING LIMITED

💤Zombieactive
SC281857 · ltd · incorporated 2005-03-20
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 Apr 2025
Net worth
£35.4k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Painting
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

Data confidence

Overall: medium (77/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £35,360
Net assets shrinking
Down £3,199 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£35k
↓ 8.3% YoY
Current Assets
£2k
↓ 40% YoY
Current Liabilities
£0£8k£15k£23k£31k£39kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£3.4k£6.2k
Current assets£2.2k£3.6k
Net assets£35.4k£38.6k

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

Recent activity

Last 30 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Last 180 days
3
filings
  • 1 confirmation-statement
  • 1 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-04-13
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  2. 2026-04-01
    FRASER & MULLIGAN resigned
    corporate-secretary
  3. 2026-01-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-05-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-05-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-02-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-01-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-07-31
    📄
    administrative-restoration-company
    restoration · RT01
  14. 2018-06-26
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  15. 2018-04-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2017-01-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2013-04-19
    STRACHAN, Scott Mcintosh resigned
    director
  18. 2009-10-21
    STRACHAN, Scott Mcintosh appointed
    director
  19. 2007-05-31
    STRACHAN, Scott Mcintosh resigned
    director
  20. 2005-03-20
    🏢
    Company incorporated
    As CASTLEGLEN DECORATING LIMITED
  21. 2005-03-20
    DAVIE, Garry appointed
    director
  22. 2005-03-20
    FRASER & MULLIGAN appointed
    corporate-secretary
  23. 2005-03-20
    STRACHAN, Scott Mcintosh appointed
    director

Owner dependency

85/100
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.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Garry Davie
Individual · British · DOB 05/1970 · age 56
75100%
75-100% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2005-03-20
Jurisdictionscotland
Primary SIC43341 — Painting

Registered office

1 Carden Terrace
Aberdeen
AB10 1US
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-03
Last: 2026-03-20

Officers (1 active · 3 resigned)

DAVIE, Garry
director · ~56y · appointed 2005-03-20
View their other companies + combined net worth →
Active
FRASER & MULLIGAN
corporate-secretary · appointed 2005-03-20 · resigned 2026-04-01
Resigned
STRACHAN, Scott Mcintosh
director · ~56y · appointed 2009-10-21 · resigned 2013-04-19
Resigned
STRACHAN, Scott Mcintosh
director · ~56y · appointed 2005-03-20 · resigned 2007-05-31
Resigned

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

Recent filings (54 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-13
termination-secretary-company-with-name-termination-date
officers · TM02
2026-04-13
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-10
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-24