THE GLENGLASSAUGH DISTILLERY COMPANY LIMITED

🌳Matureactive
SC310871 · ltd · incorporated 2006-10-24
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 18.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: SIC 11010
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 85/100. Strong seller-intent signal (73/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 18.3y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 18.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 28/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (57/100)

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
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
24 officers (5 active, 24 linked, 18 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
98 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (69 events)Click to expand
  1. 2025-11-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-08-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-08-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-02-01
    AGARWAL, Adip appointed
    director
  5. 2025-02-01
    WEST, Fiona Colette Michelle resigned
    director
  6. 2024-12-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-09-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-09-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-09-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2024-09-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2024-09-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2024-09-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2024-08-01
    LUCKEY, Joanne Elise appointed
    director
  14. 2024-08-01
    MAYROSE, Edward Wayne appointed
    director
  15. 2024-08-01
    AVERY, Lucas resigned
    director
  16. 2024-08-01
    EPPS, Philip Michael resigned
    director
  17. 2024-08-01
    WEST, Fiona Colette Michelle appointed
    director
  18. 2024-05-10
    ANDERSON, Joshua James resigned
    director
  19. 2024-01-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2023-08-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2023-06-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2023-06-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2023-05-16
    AVERY, Lucas appointed
    director
  24. 2023-04-15
    ANDERSON, Joshua James appointed
    director
  25. 2023-04-13
    MAYROSE, Edward Wayne resigned
    director
  26. 2022-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  27. 2021-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  28. 2020-10-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  29. 2020-03-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  30. 2020-02-01
    CUNNINGHAM, Leanne Dean resigned
    director
  31. 2020-01-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  32. 2020-01-01
    WEST, Fiona Colette Michelle resigned
    director
  33. 2019-12-18
    EPPS, Philip Michael appointed
    director
  34. 2017-05-17
    🔓
    Charge satisfied #3
  35. 2016-10-07
    BARRAZOTTO, Mary Elizabeth appointed
    director
  36. 2016-10-07
    CARR, JR., Michael resigned
    director
  37. 2016-10-07
    CUNNINGHAM, Leanne Dean appointed
    director
  38. 2016-10-07
    MASICK, Michael Andrew resigned
    director
  39. 2016-10-07
    SCHOLTZ, Charles Edward resigned
    director
  40. 2016-10-07
    WEST, Fiona Colette Michelle appointed
    director
  41. 2016-06-01
    BURNESS PAULL LLP appointed
    corporate-secretary
  42. 2016-06-01
    SAVAGE, Patricia Bridge resigned
    secretary
  43. 2016-06-01
    BELL, Geoffrey resigned
    director
  44. 2016-06-01
    CARR, JR., Michael appointed
    director
  45. 2016-06-01
    KIESWETTER, Wayne resigned
    director
  46. 2016-06-01
    MASICK, Michael Andrew appointed
    director
  47. 2016-06-01
    MAYROSE, Edward Wayne appointed
    director
  48. 2016-06-01
    SCHOLTZ, Charles Edward appointed
    director
  49. 2016-06-01
    WALKER, William James resigned
    director
  50. 2013-04-18
    🔓
    Charge satisfied #2
Showing most recent 50 of 69 events

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.

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.

Group structure

The Benriach Distillery Company Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
The Benriach Distillery Company Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
THE GLENGLASSAUGH DISTILLERY COMPANY LIMITED
This company · SC310871

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
The Benriach Distillery Company Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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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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
Incorporated2006-10-24
Jurisdictionscotland
Primary SIC11010 — SIC 11010

Registered office

50 Lothian Road
Festival Square
Edinburgh
EH3 9WJ
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-12-05
Last: 2025-11-21

Officers (5 active · 19 resigned)

BURNESS PAULL LLP
corporate-secretary · appointed 2016-06-01
View their other companies + combined net worth →
Active
AGARWAL, Adip
director · ~44y · appointed 2025-02-01
View their other companies + combined net worth →
Active
BARRAZOTTO, Mary Elizabeth
director · ~66y · appointed 2016-10-07
View their other companies + combined net worth →
Active
LUCKEY, Joanne Elise
director · ~41y · appointed 2024-08-01
View their other companies + combined net worth →
Active
MAYROSE, Edward Wayne
director · ~53y · appointed 2024-08-01
View their other companies + combined net worth →
Active
SAVAGE, Patricia Bridge
secretary · appointed 2013-03-22 · resigned 2016-06-01
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2006-10-24 · resigned 2006-10-24
Resigned
FERGUSON DEWAR LLP
corporate-secretary · appointed 2006-10-24 · resigned 2008-03-26
Resigned
GRIGOR & YOUNG
corporate-secretary · appointed 2008-03-27 · resigned 2008-10-16
Resigned
ANDERSON, Joshua James
director · ~49y · appointed 2023-04-15 · resigned 2024-05-10
Resigned
AVERY, Lucas
director · ~50y · appointed 2023-05-16 · resigned 2024-08-01
Resigned
BELL, Geoffrey
director · ~72y · appointed 2013-03-22 · resigned 2016-06-01
Resigned
CARR, JR., Michael
director · ~47y · appointed 2016-06-01 · resigned 2016-10-07
Resigned
CUNNINGHAM, Leanne Dean
director · ~56y · appointed 2016-10-07 · resigned 2020-02-01
Resigned
EPPS, Philip Michael
director · ~54y · appointed 2019-12-18 · resigned 2024-08-01
Resigned
KIESWETTER, Wayne
director · ~65y · appointed 2013-03-22 · resigned 2016-06-01
Resigned
MASICK, Michael Andrew
director · ~48y · appointed 2016-06-01 · resigned 2016-10-07
Resigned
MAYROSE, Edward Wayne
director · ~53y · appointed 2016-06-01 · resigned 2023-04-13
Resigned
NICKERSON, Stuart
director · ~70y · appointed 2006-10-24 · resigned 2013-03-22
Resigned
SCHOLTZ, Charles Edward
director · ~66y · appointed 2016-06-01 · resigned 2016-10-07
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
NatWest Group
Rbs Invoice Finance Limited
Floating charge1 property22/03/201317/05/2017
satisfied
Barclays
Barclays Bank PLC
Standard security1 property02/07/200818/04/2013
satisfied
Barclays
Barclays Bank PLC
Floating charge1 property29/01/200817/04/2013

Recent filings (98 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-07
termination-director-company-with-name-termination-date
officers · TM01
2025-08-28
appoint-person-director-company-with-name-date
officers · AP01
2025-08-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-21
termination-director-company-with-name-termination-date
officers · TM01
2024-09-20
termination-director-company-with-name-termination-date
officers · TM01
2024-09-20
termination-director-company-with-name-termination-date
officers · TM01
2024-09-20
appoint-person-director-company-with-name-date
officers · AP01
2024-09-20
appoint-person-director-company-with-name-date
officers · AP01
2024-09-20
appoint-person-director-company-with-name-date
officers · AP01
2024-09-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-21
termination-director-company-with-name-termination-date
officers · TM01
2023-08-29