GLENSANDA PILOTS LTD

🌳Matureactive
SC461645 · ltd · incorporated 2013-10-16
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 Mar 2025
Net worth
£82.4k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 50400
Sector: Transportation & storage
Investor take
Pursue
Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (65/100).

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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £82,371
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£82k
↑ 101% YoY
Current Assets
£114k
↑ 55% YoY
Current Liabilities
£0£23k£46k£69k£91k£114kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£154.9k£126.7k
Current assets£114.2k£73.5k
Net assets£82.4k£40.9k

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
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-07-21
    📄
    capital-alter-shares-subdivision
    capital · SH02
  7. 2021-07-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2021-07-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2021-01-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-11-15
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2016-08-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2016-08-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2016-08-29
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  16. 2013-10-16
    🏢
    Company incorporated
    As GLENSANDA PILOTS LTD
  17. 2013-10-16
    FRASER, Ken appointed
    secretary
  18. 2013-10-16
    FRASER, Joyce appointed
    director
  19. 2013-10-16
    FRASER, Kenneth appointed
    director

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 71 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

79/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 13 years.
  • 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%
NameSharesVoting rightsNature of controlNotified
Mrs Joyce Fraser
Individual · British · DOB 03/1959 · age 67
75100%
75-100% shares16/10/2016
1 historic (ceased) PSC
  • Mr Ken Fraserceased 06/04/2021· 50-75% shares

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

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
Incorporated2013-10-16
Jurisdictionscotland
Primary SIC50400 — SIC 50400

Registered office

23 Deaconsgrange Road
Deaconsbank
Glasgow
G46 7UL
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-30
Last: 2025-10-16

Officers (3 active · 0 resigned)

FRASER, Ken
secretary · appointed 2013-10-16
View their other companies + combined net worth →
Active
FRASER, Joyce
director · ~67y · appointed 2013-10-16
View their other companies + combined net worth →
Active
FRASER, Kenneth
director · ~71y · appointed 2013-10-16
View their other companies + combined net worth →
Active

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

Recent filings (32 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-25
capital-alter-shares-subdivision
capital · SH02
2021-07-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-07-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-16