GLENFOLD LTD.

💤Zombieactive
SC377452 · ltd · incorporated 2010-04-23
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 Dec 2024
Net worth
£752.2k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 49320
Sector: Transportation & storage
Investor take
Pursue
Asset-holding vehicle with a 62-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 62). 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 (73/100).

🏦

Refinance opportunity

2 live charges · oldest 12.4y

45/100
under pressure

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

  • · Oldest live charge is 12.4 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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
14 officers (1 active, 14 linked, 12 with DOB)
87
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
83 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £752,240
Cash YoY
-6%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£189k
↓ 6.5% YoY
Net Worth
£752k
↑ 4.4% YoY
Current Assets
£541k
↓ 22% YoY
Current Liabilities
£0£150k£301k£451k£602k£752kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£780.7k£745.1k
Current assets£541.5k£692.8k
Cash£189.4k£202.5k
Debtors£350.7k£489.3k
Net assets£752.2k£720.8k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
  1. 2025-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-05-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2025-05-22
    🔓
    Charge satisfied #2
  5. 2025-05-22
    🔓
    Charge satisfied #1
  6. 2024-06-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2023-07-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2023-05-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  9. 2022-06-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2021-07-09
    KOBIALKA, Wojciech resigned
    director
  11. 2021-07-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2021-07-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2021-05-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2020-07-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2020-07-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2020-07-01
    KOBIALKA, Wojciech appointed
    director
  17. 2020-06-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  18. 2020-03-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  19. 2019-11-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2019-11-19
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  21. 2019-06-04
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  22. 2018-06-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2017-04-21
    MACKINTOSH, Richard Mackay resigned
    director
  24. 2016-03-08
    JOHNSTON, Samantha Jane resigned
    director
  25. 2014-07-21
    THATCHER, Paul resigned
    director
  26. 2014-06-20
    THATCHER, Lesley resigned
    director
  27. 2013-11-18
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  28. 2013-01-04
    MURRAY, James Alexander resigned
    director
  29. 2013-01-04
    THATCHER, Lesley appointed
    director
  30. 2012-08-23
    MACCOLL, Ronald Stewart resigned
    director
  31. 2012-08-23
    MACKENZIE, Douglas resigned
    director
  32. 2012-08-23
    MACKINTOSH, Richard Mackay appointed
    director
  33. 2012-08-23
    MACLEAN, William Neil resigned
    director
  34. 2012-08-23
    MURRAY, James Alexander appointed
    director
  35. 2012-08-23
    THATCHER, Paul appointed
    director
  36. 2012-08-23
    CRESTMOUNT LIMITED appointed
    corporate-director
  37. 2012-08-23
    CRESTMOUNT LIMITED resigned
    corporate-director
  38. 2011-02-06
    MACLENNAN, Douglas Marr resigned
    director
  39. 2010-08-05
    JOHNSTON, Samantha Jane appointed
    director
  40. 2010-08-05
    MACCOLL, Ronald Stewart appointed
    director
  41. 2010-08-05
    MACKENZIE, Douglas appointed
    director
  42. 2010-08-05
    MACLEAN, William Neil appointed
    director
  43. 2010-08-05
    MACLENNAN, Douglas Marr appointed
    director
  44. 2010-04-23
    🏢
    Company incorporated
    As GLENFOLD LTD.
  45. 2010-04-23
    JOHNSTON, Gavin Alexander appointed
    director
  46. 2010-04-23
    BRIAN REID LTD. appointed
    corporate-secretary
  47. 2010-04-23
    BRIAN REID LTD. resigned
    corporate-secretary
  48. 2010-04-23
    MABBOTT, Stephen George appointed
    director
  49. 2010-04-23
    MABBOTT, Stephen George resigned
    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 16 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 16 years.
  • secondaryStable-but-static management: Company is 16 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.)

Group structure

Crestmount Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Crestmount Limited
Corporate parent · holds 75-100% shares
ultimate parent
GLENFOLD LTD.
This company · SC377452

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Crestmount Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting09/07/2021
Mr Gavin Johnston
Individual · British · DOB 06/1964 · age 62
sig. influencesignificant influence06/04/2016
2 historic (ceased) PSCs
  • Crestmount Limitedceased 09/07/2021· 75-100% shares · 75-100% voting · board control
  • Richard Mackay Mackintoshceased 29/06/2017· 25-50% shares · 25-50% voting

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
Incorporated2010-04-23
Jurisdictionscotland
Primary SIC49320 — SIC 49320

Registered office

55 Church Street
Inverness
IV1 1DR
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-05-21
Last: 2025-05-07

Officers (1 active · 13 resigned)

JOHNSTON, Gavin Alexander
director · ~62y · appointed 2010-04-23
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-secretary · appointed 2010-04-23 · resigned 2010-04-23
Resigned
JOHNSTON, Samantha Jane
director · ~55y · appointed 2010-08-05 · resigned 2016-03-08
Resigned
KOBIALKA, Wojciech
director · ~42y · appointed 2020-07-01 · resigned 2021-07-09
Resigned
MABBOTT, Stephen George
director · ~76y · appointed 2010-04-23 · resigned 2010-04-23
Resigned
MACCOLL, Ronald Stewart
director · ~74y · appointed 2010-08-05 · resigned 2012-08-23
Resigned
MACKENZIE, Douglas
director · ~64y · appointed 2010-08-05 · resigned 2012-08-23
Resigned
MACKINTOSH, Richard Mackay
director · ~73y · appointed 2012-08-23 · resigned 2017-04-21
Resigned
MACLEAN, William Neil
director · ~64y · appointed 2010-08-05 · resigned 2012-08-23
Resigned
MACLENNAN, Douglas Marr
director · ~67y · appointed 2010-08-05 · resigned 2011-02-06
Resigned
MURRAY, James Alexander
director · ~68y · appointed 2012-08-23 · resigned 2013-01-04
Resigned
THATCHER, Lesley
director · ~63y · appointed 2013-01-04 · resigned 2014-06-20
Resigned
THATCHER, Paul
director · ~66y · appointed 2012-08-23 · resigned 2014-07-21
Resigned
CRESTMOUNT LIMITED
corporate-director · appointed 2012-08-23 · resigned 2012-08-23
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property19/11/201922/05/2025
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property18/11/201322/05/2025

Recent filings (83 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-22
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-05-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-09
termination-director-company-with-name-termination-date
officers · TM01
2021-07-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-07-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-10