PAINT TECHNIK GLASGOW LIMITED

💤Zombieactive

SC387451 · ltd · incorporated 2010-10-21

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 Oct 2025

Net worth

£13.6k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 45200

Sector: Wholesale & retail

Investor take

Pursue

Asset-holding vehicle with a 63-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -56% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

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 (2 active, 6 linked, 4 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

40 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £13,565

Net assets shrinking

Down £21,085 YoY

Cash draining

Cash down 56% YoY

Cash YoY

-56%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£19k

↓ 56% YoY

Net Worth

£14k

↓ 61% YoY

Current Assets

£26k

↓ 48% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-10-31	2024-10-31
Total assets	£13.7k	£36.1k
Current assets	£26.0k	£49.9k
Cash	£18.6k	£42.2k
Debtors	£7.4k	£7.7k
Net assets	£13.6k	£34.6k

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

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2026-02-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-04-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-05-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-03-23
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-25
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-10-29
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-03-06
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-10-24
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-04-28
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-10-21
🏢
Company incorporated
As PAINT TECHNIK GLASGOW LIMITED
2010-10-21
➕
ADAM, Ann Margaret appointed
secretary
2010-10-21
➕
ADAM, Bryan appointed
director
2010-10-21
➕
TRAINER, Peter appointed
secretary
2010-10-21
➖
TRAINER, Peter resigned
secretary
2010-10-21
➕
ADAM, Bryan appointed
director
2010-10-21
➖
ADAM, Bryan resigned
director
2010-10-21
➕
MCINTOSH, Susan appointed
director
2010-10-21
➖
MCINTOSH, Susan resigned
director
2010-10-21
➕
TRAINER, Peter appointed
director
2010-10-21
➖
TRAINER, Peter 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 63 — approaching natural succession window.

Succession & seller-readiness

88/100

Likely off-market candidate

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

SIGNALS

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Bryan Adams Individual · British · DOB 04/1963 · age 63	75–100%	—	75-100% shares	21/10/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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GT AUTOMOTIVE PAISLEY LIMITED→ SC396986 · est 2011 · no financials extracted	—	—	—	—	15y	—	—
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L.S.C. FLEET MAINTENANCE LTD→ SC751112 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
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MERPARTS LTD.→ SC339982 · est 2008 · no financials extracted	—	—	—	—	18y	—	—
NORTHERN COMMERCIALS (SCOTLAND) LTD→ SC259506 · est 2003 · no financials extracted	—	—	—	—	22y	—	—
P J HURSON GARAGE SERVICES LTD→ SC680073 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
PAISLEY CAR SALES LTD→ SC793663 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
PAISLEY CLUTCH CENTRE LTD→ SC639572 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
PAISLEY FIREPLACE COMPANY LIMITED (THE)→ SC030907 · est 1955 · no financials extracted	—	—	—	—	70y	—	—
PAISLEY MOTOR TECH LTD→ SC883297 · est 2026 · no financials extracted	—	—	—	—	—	—	—
PAISLEY REG PLATES LTD→ SC845890 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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

Incorporated2010-10-21

Jurisdictionscotland

Primary SIC45200 — SIC 45200

Registered office

40 Brodie Park Crescent

Paisley

Renfrewshire

PA2 6EU

Filing status

Accounts

Next due: 2027-07-31

Last made up to: 2025-10-31

Confirmation statement

Next due: 2026-11-04

Last: 2025-10-21

Officers (2 active · 4 resigned)

ADAM, Ann Margaret→

secretary · appointed 2010-10-21

View their other companies + combined net worth →

Active

ADAM, Bryan→

director · ~63y · appointed 2010-10-21

View their other companies + combined net worth →

Active

TRAINER, Peter→

secretary · appointed 2010-10-21 · resigned 2010-10-21

Resigned

ADAM, Bryan→

director · ~63y · appointed 2010-10-21 · resigned 2010-10-21

Resigned

MCINTOSH, Susan→

director · ~56y · appointed 2010-10-21 · resigned 2010-10-21

Resigned

TRAINER, Peter→

director · ~74y · appointed 2010-10-21 · resigned 2010-10-21

Resigned

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