GLENCOE SOFTWARE LIMITED

💤Zombieactive
SC291013 · ltd · incorporated 2005-09-29
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 May 2025
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 71/100 (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: strategic trade sale (65/100).

Data confidence

Overall: medium (76/100)

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
6 officers (1 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
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£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Average employees900900

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
1
filing
  • 1 accounts
Last 180 days
4
filings
  • 3 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-02-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-11-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-11-28
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  4. 2025-11-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-09-30
    PLATANI, Melpomeni, Dr resigned
    secretary
  6. 2025-09-30
    PLATANI, Melpomeni, Dr resigned
    director
  7. 2025-09-30
    SWEDLOW, Jason resigned
    director
  8. 2025-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-02-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-05-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-07-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2020-02-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-07-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2019-07-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2019-07-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2019-02-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2018-01-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2013-05-27
    ALLAN, Christopher Blake appointed
    director
  21. 2013-05-27
    PLATANI, Melpomeni, Dr appointed
    director
  22. 2013-05-20
    PLATANI, Melpomeni, Dr appointed
    secretary
  23. 2013-05-20
    MORTON FRASER SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  24. 2006-01-17
    MORTON FRASER DIRECTORS LIMITED resigned
    corporate-nominee-director
  25. 2006-01-16
    SWEDLOW, Jason appointed
    director
  26. 2005-09-29
    🏢
    Company incorporated
    As GLENCOE SOFTWARE LIMITED
  27. 2005-09-29
    MORTON FRASER SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  28. 2005-09-29
    MORTON FRASER DIRECTORS LIMITED appointed
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 13 years.
  • 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

1 med ·
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: PLATANI, Melpomeni, Dr resigned 2025-09-30; PLATANI, Melpomeni, Dr resigned 2025-09-30; SWEDLOW, Jason resigned 2025-09-30

Group structure

Glencoe Software Inc is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Glencoe Software Inc
Corporate parent · holds 75-100% shares
ultimate parent
GLENCOE SOFTWARE LIMITED
This company · SC291013

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
Glencoe Software Inc
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.

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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
Incorporated2005-09-29
Jurisdictionscotland
Primary SIC62012 — Business and domestic software development

Registered office

14 City Quay
Camperdown Street
Dundee
DD1 3JA

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-10-13
Last: 2025-09-29

Officers (1 active · 5 resigned)

ALLAN, Christopher Blake
director · ~44y · appointed 2013-05-27
View their other companies + combined net worth →
Active
PLATANI, Melpomeni, Dr
secretary · appointed 2013-05-20 · resigned 2025-09-30
Resigned
MORTON FRASER SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2005-09-29 · resigned 2013-05-20
Resigned
PLATANI, Melpomeni, Dr
director · ~53y · appointed 2013-05-27 · resigned 2025-09-30
Resigned
SWEDLOW, Jason
director · ~65y · appointed 2006-01-16 · resigned 2025-09-30
Resigned
MORTON FRASER DIRECTORS LIMITED
corporate-nominee-director · appointed 2005-09-29 · resigned 2006-01-17
Resigned

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

Recent filings (61 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-24
termination-director-company-with-name-termination-date
officers · TM01
2025-11-28
termination-secretary-company-with-name-termination-date
officers · TM02
2025-11-28
termination-director-company-with-name-termination-date
officers · TM01
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-02