GLACIER WHITELEY READ LIMITED
💤Zombieactive
SC485511 · ltd · incorporated 2014-08-29
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
69/100
Strong
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
10 live charges · 7 lenders · oldest 11.6y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 11.6 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (82/100)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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
76 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
5 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
11
filings
- • 10 mortgage
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (43 events)Click to expand
- 2026-01-21📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2026-01-21📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2026-01-21📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2026-01-21📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2026-01-21📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2026-01-21📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2026-01-17📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2026-01-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-01-10📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2026-01-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-01-06🔒Charge registered #10Lender: Averroes Capital Limited (As Security Trustee)
- 2026-01-06🔒Charge registered #9Lender: Averroes Capital Limited as Security Trustee
- 2025-12-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-06-19📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-06-19📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-06-14📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-06-14📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-06-14📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-06-14📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-04-29📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-04-22📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-04-22📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-04-19📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-04-19📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-03-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-26🔒Charge registered #8Lender: Igf Business Credit Limited
- 2024-12-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-07-05🔒Charge registered #7Lender: Bgf Nominees Limited as Security Trustee for the Beneficiaries
- 2024-07-05🔒Charge registered #6Lender: Bgf Nominees Limited as Security Trustee for the Beneficiaries
- 2023-12-19🔓Charge satisfied #2
- 2023-12-15🔒Charge registered #5Lender: Averroes Capital Limited as Security Trustee for Each of the Secured Parties (As Defined in the Instrument Accompanying This MR01)
- 2023-12-15🔒Charge registered #4Lender: Averroes Capital Limited (As Security Trustee)
- 2021-12-30🔓Charge satisfied #1
- 2021-12-23🔒Charge registered #3Lender: Igf Business Credit Limited
- 2020-03-16➖MCDOUGALL, Duncan Dargie resigneddirector
- 2018-12-18➖HUBERT, Leonard Laurence resigneddirector
- 2018-12-18➕MCDOUGALL, Duncan Dargie appointeddirector
- 2015-08-14🔒Charge registered #2Lender: Maven Capital Partners UK LLP (Acting in Its Capacity as Security Trustee)
- 2014-09-18➕HUBERT, Leonard Laurence appointeddirector
- 2014-09-18🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2014-08-29🏢Company incorporatedAs GLACIER WHITELEY READ LIMITED
- 2014-08-29➕BLACKWOOD PARTNERS LLP appointedcorporate-secretary
- 2014-08-29➕MARTIN, Scott appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
8 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Glacier Energy Services Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Glacier Energy Services Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
GLACIER WHITELEY READ LIMITED
This company · SC485511
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 |
|---|---|---|---|---|
Glacier Energy Services Holdings Limited Corporate entity | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest | 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 · Trade services · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| G H C LEITH (PROPERTIES) LIMITED→ SC062662 · est 1977 · no financials extracted | — | — | — | — | 48y | — | — |
| GARY MCNAMARA ENGINEERING SERVICES LTD.→ SC390007 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| GB ESTIMATING SOLUTIONS LTD→ SC434407 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| GEBS CONSULTING LIMITED→ SC666471 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| GEORGE VANCE INSPECTION LTD→ SC643343 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| GETSLOCAL UK LTD→ SC665050 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| GILES RENEWABLES LIMITED→ SC381483 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| GILLS NAIL DESIGNS LTD→ SC770353 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| GKK OFFSHORE SERVICES LTD→ SC638658 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| GLENN BUCHAN ENGINEERING LIMITED→ SC367343 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| GLENSHEE CRAFT DISTILLERS LTD→ SC480914 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| GLENTEK LIMITED→ SC230061 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2014-08-29
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
Blackwood House
Union Grove Lane
Aberdeen
AB10 6XU
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-12
Last: 2025-08-29
Officers (2 active · 2 resigned)
BLACKWOOD PARTNERS LLP→
Activecorporate-secretary · appointed 2014-08-29
View their other companies + combined net worth →
MARTIN, Scott→
Activedirector · ~57y · appointed 2014-08-29
View their other companies + combined net worth →
HUBERT, Leonard Laurence→
Resigneddirector · ~71y · appointed 2014-09-18 · resigned 2018-12-18
MCDOUGALL, Duncan Dargie→
Resigneddirector · ~63y · appointed 2018-12-18 · resigned 2020-03-16
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
8
Outstanding
5
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Averroes Capital (As Security Trustee) Averroes Capital Limited (As Security Trustee) | A registered charge | — | 06/01/2026 | — | |
| outstanding | Averroes Capital as Security Trustee Averroes Capital Limited as Security Trustee | A registered charge | — | 06/01/2026 | — | |
| outstanding | Igf Business Credit Igf Business Credit Limited | A registered charge | — | 26/03/2025 | — | |
| outstanding | Bgf Nominees as Security Trustee for the Beneficiaries Bgf Nominees Limited as Security Trustee for the Beneficiaries | A registered charge | — | 05/07/2024 | — | |
| outstanding | Bgf Nominees as Security Trustee for the Beneficiaries Bgf Nominees Limited as Security Trustee for the Beneficiaries | A registered charge | — | 05/07/2024 | — | |
| outstanding | Averroes Capital as Security Trustee for Each of the Secured Parties (As Defined in the Instrument Accompanying This MR01) Averroes Capital Limited as Security Trustee for Each of the Secured Parties (As Defined in the Instrument Accompanying This MR01) | A registered charge | — | 15/12/2023 | — | |
| outstanding | Averroes Capital (As Security Trustee) Averroes Capital Limited (As Security Trustee) | A registered charge | — | 15/12/2023 | — | |
| outstanding | Igf Business Credit Igf Business Credit Limited | A registered charge | 1 property | 23/12/2021 | — | |
| satisfied | Maven Capital Partners UK (Acting in Its Capacity as Security Trustee) Maven Capital Partners UK LLP (Acting in Its Capacity as Security Trustee) | A registered charge | — | 14/08/2015 | 19/12/2023 | |
| satisfied | Virgin Money Clydesdale Bank PLC | A registered charge | — | 18/09/2014 | 30/12/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (76 total)
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2026-01-21
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2026-01-21
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2026-01-21
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2026-01-21
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2026-01-21
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2026-01-21
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2026-01-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-13
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2026-01-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-08
accounts-with-accounts-type-dormant
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-04
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-06-19
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-06-19
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-06-14