THE WALLED GARDEN TRADING COMPANY LIMITED
🌳Matureactive
SC453655 · ltd · incorporated 2013-07-02
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£-2.31M
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 56101Licenced restaurants
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 72/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -85% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 9.9y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 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 (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £2,311,113
Cash draining
Cash down 85% YoY
Cash YoY
-85%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£3k
↓ 85% YoY
Net Worth
-£2.3m
↓ 18% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Cash | £3.0k | £20.3k |
| Net assets | £-2.31M | £-1.96M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals 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 (30 events)Click to expand
- 2025-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-29📄second-filing-capital-allotment-sharescapital · RP04SH01
- 2025-03-03📄capital-allotment-sharescapital · SH01
- 2024-06-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-07-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-07-05📄change-person-director-company-with-change-dateofficers · CH01
- 2021-07-05📄change-person-director-company-with-change-dateofficers · CH01
- 2021-07-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-09-21📄gazette-filings-brought-up-to-dategazette · DISS40
- 2019-09-17📄gazette-notice-compulsorygazette · GAZ1
- 2019-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-11📄resolutionresolution · RESOLUTIONS
- 2016-06-02🔒Charge registered #1Lender: Bank of Scotland PLC
- 2014-06-12➕GORDON LENNOX, Zara Victoria appointeddirector
- 2014-06-12➕LAWSON JOHNSTON, Giles Spencer appointeddirector
- 2013-07-05➕GORDON LENNOX, Angus Charles appointeddirector
- 2013-07-05➖HMS SECRETARIES LIMITED resignedcorporate-secretary
- 2013-07-05➖MUNRO, Donald John resigneddirector
- 2013-07-05➖HMS DIRECTORS LIMITED resignedcorporate-director
- 2013-07-02🏢Company incorporatedAs THE WALLED GARDEN TRADING COMPANY LIMITED
- 2013-07-02➕HMS SECRETARIES LIMITED appointedcorporate-secretary
- 2013-07-02➕MUNRO, Donald John appointeddirector
- 2013-07-02➕HMS DIRECTORS LIMITED appointedcorporate-director
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
48/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondary12+ year tenure: Director in role 13 years.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2025-07-16
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Angus Charles Gordon Lennox Individual · British · DOB 02/1964 · age 62 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
Mrs Zara Victoria Gordon Lennox Individual · British · DOB 05/1966 · age 60 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 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
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|---|---|---|---|---|---|---|---|
| SKYE'S FINISHING TOUCHES LTD→ SC374899 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| SOUTH QUEENSFERRY HEALTHCARE LIMITED→ SC786565 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| SPEYSIDE ECO-HEAT LIMITED→ SC418480 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| STUFF'D UP LTD→ SC859379 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SUMMIT STRIDE LTD→ SC872021 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TESTME HEALTH LTD→ SC861611 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| THE BAKEHOUSE COLLECTIVE LIMITED→ SC796678 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| THE GLENELG SHOP (SCOTLAND) LIMITED→ SC737473 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| THE GRAND WHISKY AUCTION LIMITED→ SC612333 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| THE HIGHLAND WEIGH LTD→ SC728082 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| THE LOSSIEMOUSE LTD→ SC880390 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| THISTLE PHARMA LIMITED→ SC481884 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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
Incorporated2013-07-02
Jurisdictionscotland
Primary SIC47789 — Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
Registered office
Estate Office
Gordon Castle
Fochabers
Moray
IV32 7PQ
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2025-07-16OVERDUE
Last: 2024-07-02
Officers (3 active · 3 resigned)
GORDON LENNOX, Angus Charles→
Activedirector · ~62y · appointed 2013-07-05
View their other companies + combined net worth →
GORDON LENNOX, Zara Victoria→
Activedirector · ~60y · appointed 2014-06-12
View their other companies + combined net worth →
LAWSON JOHNSTON, Giles Spencer→
Activedirector · ~52y · appointed 2014-06-12
View their other companies + combined net worth →
HMS SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2013-07-02 · resigned 2013-07-05
MUNRO, Donald John→
Resigneddirector · ~55y · appointed 2013-07-02 · resigned 2013-07-05
HMS DIRECTORS LIMITED→
Resignedcorporate-director · appointed 2013-07-02 · resigned 2013-07-05
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 02/06/2016 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (54 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-27
second-filing-capital-allotment-shares
capital · RP04SH01
2025-05-29
capital-allotment-shares
capital · SH01
2025-03-03
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-07-05
change-person-director-company-with-change-date
officers · CH01
2021-07-05
change-person-director-company-with-change-date
officers · CH01
2021-07-05