GLENFAIRN HOLDINGS LIMITED

💤Zombieactive
SC322246 · ltd · incorporated 2007-04-26
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
76/100
Strong
🔔
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What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 76/100 (strong), bankability 80/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 17.9y

45/100
under pressure

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

  • · Oldest live charge is 17.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review 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
4
filings
  • 2 officers
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Last 90 days
4
filings
  • 2 officers
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Last 180 days
5
filings
  • 2 officers
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-04-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  2. 2026-04-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-04-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-04-19
    JOHNSTONE, William Murdoch resigned
    director
  5. 2025-11-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2025-05-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  7. 2024-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-11-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-06-13
    AITKEN, Nanette Margaret resigned
    director
  10. 2023-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-11-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-04-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2020-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-03-12
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  16. 2020-03-12
    📄
    legacy
    capital · SH20
  17. 2020-03-12
    ⚠️
    legacy
    insolvency · CAP-SS
  18. 2020-03-12
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2019-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2008-05-28
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  21. 2007-06-08
    BROWN, David John appointed
    secretary
  22. 2007-06-08
    JOHNSTONE, Richard Bell appointed
    director
  23. 2007-06-08
    MACDONALDS resigned
    corporate-nominee-secretary
  24. 2007-06-08
    AITKEN, Nanette Margaret appointed
    director
  25. 2007-06-08
    JOHNSTONE, William Murdoch appointed
    director
  26. 2007-06-08
    WHITE, Joyce Helen resigned
    nominee-director
  27. 2007-04-26
    🏢
    Company incorporated
    As GLENFAIRN HOLDINGS LIMITED
  28. 2007-04-26
    MACDONALDS appointed
    corporate-nominee-secretary
  29. 2007-04-26
    WHITE, Joyce Helen appointed
    nominee-director

Owner dependency

93/100
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 19 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

78/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 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 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2020-03-12: legacy

Group structure

Glenfairn (2008) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Glenfairn (2008) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
GLENFAIRN HOLDINGS LIMITED
This company · SC322246

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
Glenfairn (2008) 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

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
Incorporated2007-04-26
Jurisdictionscotland
Primary SIC70100 — Activities of head offices

Registered office

Suncourt House
19 Crosbie Road
Troon
KA10 6HE
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-05-10
Last: 2026-04-26

Officers (2 active · 4 resigned)

BROWN, David John
secretary · appointed 2007-06-08
View their other companies + combined net worth →
Active
JOHNSTONE, Richard Bell
director · ~62y · appointed 2007-06-08
View their other companies + combined net worth →
Active
MACDONALDS
corporate-nominee-secretary · appointed 2007-04-26 · resigned 2007-06-08
Resigned
AITKEN, Nanette Margaret
director · ~59y · appointed 2007-06-08 · resigned 2024-06-13
Resigned
JOHNSTONE, William Murdoch
director · ~87y · appointed 2007-06-08 · resigned 2026-04-19
Resigned
WHITE, Joyce Helen
nominee-director · ~67y · appointed 2007-04-26 · resigned 2007-06-08
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Floating charge1 property28/05/2008
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (73 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-04-28
change-person-director-company-with-change-date
officers · CH01
2026-04-28
termination-director-company-with-name-termination-date
officers · TM01
2026-04-28
accounts-with-accounts-type-small
accounts · AA
2025-11-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-05-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-24
termination-director-company-with-name-termination-date
officers · TM01
2024-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-09