GLENSKINNO BIOFUELS LTD

🌳Matureactive
SC477194 · ltd · incorporated 2014-05-08
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 11.8y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
£153.3k
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 46719
Sector: Wholesale & retail
Investor take
Special-situation opportunity
Distressed wholesale with salvageable qualities — special-situations priority.

Opportunity 72/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 11.8y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 11.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (83/100)

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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (5 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
53 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 declared
Positive net assets
Net assets £153,343
Net assets shrinking
Down £78,054 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£153k
↓ 34% YoY
Current Assets
£277k
↓ 19% YoY
Current Liabilities
£0£68k£136k£204k£272k£339kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£444.3k£582.9k
Current assets£276.6k£339.5k
Cash£82.2k
Debtors£224.2k£207.3k
Net assets£153.3k£231.4k

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
2
filings
  • 1 accounts
  • 1 officers
Last 180 days
2
filings
  • 1 accounts
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-02-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-08-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-08-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-08-15
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  6. 2025-08-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-08-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2025-08-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2025-04-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2025-04-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2025-04-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2025-04-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2025-02-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2024-02-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2023-12-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2023-12-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2023-12-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2023-12-04
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  19. 2023-12-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2023-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2022-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2017-03-06
    NEWALL, Catherine appointed
    secretary
  23. 2017-03-06
    NEWALL, Mark resigned
    secretary
  24. 2014-06-27
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  25. 2014-05-08
    🏢
    Company incorporated
    As GLENSKINNO BIOFUELS LTD
  26. 2014-05-08
    GALL, Alistair David appointed
    director
  27. 2014-05-08
    GALL, Iain Alastair appointed
    director
  28. 2014-05-08
    NEWALL, Mark Nicholas,John appointed
    director
  29. 2014-05-08
    NEWALL, Thomas Mark Louis appointed
    director
  30. 2014-05-08
    NEWALL, Mark appointed
    secretary

Owner dependency

63/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 73 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-22

Group structure

Gall Farming Company Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Gall Farming Company Limited
Corporate parent · holds 25-50% shares
significant stake
GLENSKINNO BIOFUELS LTD
This company · SC477194

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr John Mark Nicholas Newall
Individual · British · DOB 03/1961 · age 65
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Gall Farming Company Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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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
Incorporated2014-05-08
Jurisdictionscotland
Primary SIC46719 — SIC 46719

Registered office

Second Floor Airbles House
270 Airbles Road
Motherwell
ML1 3AT
United Kingdom

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-04-22OVERDUE
Last: 2025-04-08

Officers (5 active · 1 resigned)

NEWALL, Catherine
secretary · appointed 2017-03-06
View their other companies + combined net worth →
Active
GALL, Alistair David
director · ~73y · appointed 2014-05-08
View their other companies + combined net worth →
Active
GALL, Iain Alastair
director · ~39y · appointed 2014-05-08
View their other companies + combined net worth →
Active
NEWALL, Mark Nicholas,John
director · ~65y · appointed 2014-05-08
View their other companies + combined net worth →
Active
NEWALL, Thomas Mark Louis
director · ~40y · appointed 2014-05-08
View their other companies + combined net worth →
Active
NEWALL, Mark
secretary · appointed 2014-05-08 · resigned 2017-03-06
Resigned

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
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge27/06/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (53 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-26
change-person-director-company-with-change-date
officers · CH01
2026-02-18
change-person-director-company-with-change-date
officers · CH01
2025-08-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-15
change-person-secretary-company-with-change-date
officers · CH03
2025-08-15
change-person-director-company-with-change-date
officers · CH01
2025-08-15
change-person-director-company-with-change-date
officers · CH01
2025-08-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-15
change-person-director-company-with-change-date
officers · CH01
2025-04-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-17
change-person-director-company-with-change-date
officers · CH01
2025-04-17
change-person-director-company-with-change-date
officers · CH01
2025-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-11