TOWNANDCOUNTRYGLASGOW LTD

💤Zombieactive
SC396685 · ltd · incorporated 2011-03-30
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
75/100
Strong
🔔
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What this business does
Primary activity: Real estate agencies
Sector: Real estate
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

Data confidence

Overall: medium (78/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
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 employees12001100

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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-03-31
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-03-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2025-01-22
    📄
    capital-cancellation-shares
    capital · SH06
  5. 2025-01-22
    📄
    capital-return-purchase-own-shares
    capital · SH03
  6. 2024-12-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  7. 2024-10-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-10-01
    MACKENZIE, Karen resigned
    director
  9. 2023-12-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2022-12-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2021-12-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2021-03-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2020-01-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2019-12-31
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  15. 2019-12-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2019-12-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2018-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2011-03-30
    🏢
    Company incorporated
    As TOWNANDCOUNTRYGLASGOW LTD
  19. 2011-03-30
    MACKENZIE, Duncan appointed
    director
  20. 2011-03-30
    MACKENZIE, Karen appointed
    director

Owner dependency

85/100
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.

Succession & seller-readiness

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • 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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Duncan Mackenzie
Individual · British · DOB 02/1973 · age 53
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mrs Karen Mackenzieceased 18/10/2024· 25-50% shares · 25-50% voting

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

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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
Incorporated2011-03-30
Jurisdictionscotland
Primary SIC68310 — Real estate agencies

Registered office

7 Canniesburn Toll
Bearsden
Glasgow
G61 2QU

Filing status

Accounts
Next due: 2026-12-29
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-13
Last: 2026-03-30

Officers (1 active · 1 resigned)

MACKENZIE, Duncan
director · ~53y · appointed 2011-03-30
View their other companies + combined net worth →
Active
MACKENZIE, Karen
director · ~61y · appointed 2011-03-30 · resigned 2024-10-01
Resigned

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

Recent filings (39 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-29
capital-cancellation-shares
capital · SH06
2025-01-22
capital-return-purchase-own-shares
capital · SH03
2025-01-22
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-12-29
termination-director-company-with-name-termination-date
officers · TM01
2024-10-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-30