GLENCOE ACTIVITIES LIMITED

💤Zombieactive

SC392989 · ltd · incorporated 2011-02-07

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 Dec 2025

Net worth

£3

book net assets

Opportunity

80/100

Exceptional

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

What this business does

Primary activity: Other sports activities

Sector: Arts, entertainment & recreation

Investor take

Pursue

Asset-holding vehicle with a 69-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 69). 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).

Data confidence

Overall: high (80/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (2 active, 5 linked, 4 with DOB)

Ownership & PSC

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

Director network

4 connected companies via shared directors

Filing history

37 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 · accounting standard not declared

Positive net assets

Net assets £3

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£3

~ YoY

Current Assets

£3

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-12-31	2024-12-31
Total assets	£3	£3
Current assets	£3	£3
Net assets	£3	£3

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2026-03-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-13
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-11-10
➖
JOHNSTON, Colin James resigned
director
2025-01-13
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-03
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-09-25
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-01-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-01-24
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-02-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-02-13
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-09-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-03-03
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-03-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2016-03-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2015-12-31
➕
JOHNSTON, Colin James appointed
director
2015-12-31
➖
MILLS, Paul Nicholas Chesterman resigned
director
2015-12-31
➖
STARKIE, Benjamin Charles resigned
director
2011-02-07
🏢
Company incorporated
As GLENCOE ACTIVITIES LIMITED
2011-02-07
➕
MCPHERSON YOUNG, Laurence appointed
secretary
2011-02-07
➕
MCPHERSON YOUNG, Laurence Neal appointed
director
2011-02-07
➕
MILLS, Paul Nicholas Chesterman appointed
director
2011-02-07
➕
STARKIE, Benjamin Charles appointed
director

Owner dependency

100/100

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 15 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 69 — succession pressure is live.

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 69. 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 15 years.
secondaryStable-but-static management: Company is 15 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

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

🏛️

Ossian Developments Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

GLENCOE ACTIVITIES LIMITED

This company · SC392989

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
Ossian Developments Limited 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.

🔒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 →

Similar companies

Active · Leisure & entertainment · PH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
WILDERNESS GROUP LTD→ SC211011 · est 2000	£4.97M £3.86M–£6.07M	£11.85M	—	6400	25y	92	58y
ST JOHNSTONE FOOTBALL CLUB LIMITED (THE)→ SC007629 · est 1910	£1.64M £1.28M–£2.01M	—	—	236	115y	82	65y
GRANTOWN MUSEUM AND HERITAGE TRUST→ SC138200 · est 1992 · no financials extracted	—	—	—	—	34y	82	82y
LOYAL LEISURE LTD.→ SC296336 · est 2006	—	—	—	3700	20y	82	80y
PITLOCHRY GOLF LIMITED→ SC368534 · est 2009	—	—	£689.8k	—	16y	82	61y
THE ARDNAMURCHAN TRUST→ SC202981 · est 2000	—	—	—	2	26y	82	66y
BLAIRGOWRIE COMMUNITY PROJECT→ SC190554 · est 1998	—	—	£0	—	27y	81	81y
CAIRNGORM MOUNTAIN TRUST LTD.→ SC032229 · est 1957	—	—	£4.2k	—	69y	81	79y
CRIEFF HIGHLAND GATHERING LIMITED→ SC018654 · est 1935	—	—	£113.9k	—	90y	81	74y
FEIS GLEANN ALBAINN→ SC325521 · est 2007 · no financials extracted	—	—	—	—	19y	81	81y
FINGASK FOLLIES→ SC366264 · est 2009 · no financials extracted	—	—	—	—	16y	81	87y
GLENUIG COMMUNITY ASSOCIATION→ SC147089 · est 1993 · no financials extracted	—	—	—	—	32y	81	80y

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

Incorporated2011-02-07

Jurisdictionscotland

Primary SIC93199 — Other sports activities

Registered office

Roshinish House

Old Ferry Brae

Ballachulish

Argyll

PH49 4JX

Filing status

Accounts

Next due: 2027-09-30

Last made up to: 2025-12-31

Confirmation statement

Next due: 2027-02-21

Last: 2026-02-07

Officers (2 active · 3 resigned)

MCPHERSON YOUNG, Laurence→

secretary · appointed 2011-02-07

View their other companies + combined net worth →

Active

MCPHERSON YOUNG, Laurence Neal→

director · ~69y · appointed 2011-02-07

View their other companies + combined net worth →

Active

JOHNSTON, Colin James→

director · ~60y · appointed 2015-12-31 · resigned 2025-11-10

Resigned

MILLS, Paul Nicholas Chesterman→

director · ~59y · appointed 2011-02-07 · resigned 2015-12-31

Resigned

STARKIE, Benjamin Charles→

director · ~50y · appointed 2011-02-07 · resigned 2015-12-31

Resigned

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

Recent filings (37 total)

accounts-with-accounts-type-micro-entity

accounts · AA

2026-03-06

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-02-25

termination-director-company-with-name-termination-date

officers · TM01

2025-11-13

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-02-07

accounts-with-accounts-type-micro-entity

accounts · AA

2025-01-13

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-02-07

accounts-with-accounts-type-micro-entity

accounts · AA

2024-01-22

accounts-with-accounts-type-micro-entity

accounts · AA

2023-02-20

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-02-20

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-02-21

accounts-with-accounts-type-dormant

accounts · AA

2022-02-03

accounts-with-accounts-type-dormant

accounts · AA

2021-09-25

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-02-15

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-02-09

accounts-with-accounts-type-dormant

accounts · AA

2020-01-29