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.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to May 2025

Net worth

—

book net assets

Opportunity

71/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

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

Lenders & charges

Confirmed no charges registered

Directors & officers

6 officers (1 active, 6 linked, 3 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

61 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

71/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-05-31	2024-05-31
Average employees	900	900

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (28 events)Click to expand

2026-02-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-28
📄
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
2025-09-30
➖
PLATANI, Melpomeni, Dr resigned
secretary
2025-09-30
➖
PLATANI, Melpomeni, Dr resigned
director
2025-09-30
➖
SWEDLOW, Jason resigned
director
2025-02-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-30
📄
change-person-director-company-with-change-date
officers · CH01
2020-02-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-15
📄
change-person-director-company-with-change-date
officers · CH01
2019-07-15
📄
change-person-director-company-with-change-date
officers · CH01
2019-07-15
📄
change-person-director-company-with-change-date
officers · CH01
2019-02-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-01-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2013-05-27
➕
ALLAN, Christopher Blake appointed
director
2013-05-27
➕
PLATANI, Melpomeni, Dr appointed
director
2013-05-20
➕
PLATANI, Melpomeni, Dr appointed
secretary
2013-05-20
➖
MORTON FRASER SECRETARIES LIMITED resigned
corporate-nominee-secretary
2006-01-17
➖
MORTON FRASER DIRECTORS LIMITED resigned
corporate-nominee-director
2006-01-16
➕
SWEDLOW, Jason appointed
director
2005-09-29
🏢
Company incorporated
As GLENCOE SOFTWARE LIMITED
2005-09-29
➕
MORTON FRASER SECRETARIES LIMITED appointed
corporate-nominee-secretary
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%

Name	Shares	Voting rights	Nature of control	Notified
Glencoe Software Inc Corporate entity	75–100%	—	75-100% shares	06/04/2016

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