JUDITH GLUE LIMITED
- · Oldest live charge 10.5y old — refinance window within 12 months
No material changes in the last 30 days.
No snapshot from 90 days ago — start tracking from today.
No snapshot from 180 days ago — start tracking from today.
Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 68). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
1 live charge · oldest 10.5y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 10.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 2300 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 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
Corporate timeline (19 events)Click to expand
- 2025-09-23📄capital-allotment-sharescapital · SH01
- 2025-09-22📄memorandum-articlesincorporation · MA
- 2025-09-22📄resolutionresolution · RESOLUTIONS
- 2025-09-22📄capital-name-of-class-of-sharescapital · SH08
- 2025-06-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-06-15📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2023-03-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-03-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-05-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-03-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-03-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-01-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-18📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2017-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2015-12-13🔒Charge registered #1Lender: Bank of Scotland PLC
- 2015-09-29🏢Company incorporatedAs JUDITH GLUE LIMITED
- 2015-09-29➕SPENCE, David Albert appointeddirector
- 2015-09-29➕SPENCE, Judith Ann Sinclair appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 68 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Albert Spence Individual · British · DOB 05/1968 · age 58 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 28/09/2016 |
Mrs Judith Ann Sinclair Spence Individual · British · DOB 11/1958 · age 68 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 28/09/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Retail · KW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| NORSEPHARM LIMITED→ SC354920 · est 2009 | — | — | £862.2k | — | 17y | 83 | 61y |
| COLIN CHESSOR LIMITED→ SC293041 · est 2005 | — | — | — | — | 20y | 82 | 70y |
| GEORGE MCBEATH LIMITED→ SC235751 · est 2002 | — | — | £93.8k | — | 23y | 82 | 62y |
| HARBOUR FRY (KIRKWALL) LTD.→ SC248371 · est 2003 | — | — | £62.2k | — | 23y | 82 | 70y |
| J & S ALLAN LIMITED→ SC289795 · est 2005 | — | — | — | 1100 | 20y | 82 | 61y |
| ORKNEY TELEVISION ENTERPRISE→ SC158081 · est 1995 · no financials extracted | — | — | — | — | 31y | 82 | 62y |
| PLOWMAN'S CARPETS LTD→ SC247979 · est 2003 | — | — | £301.8k | — | 23y | 82 | 58y |
| AS&CMS LIMITED→ SC504976 · est 2015 | — | — | £106.3k | — | 11y | 80 | 58y |
| BRIDGNORTH IRONMONGERS LIMITED→ SC394882 · est 2011 | — | — | £82.1k | — | 15y | 80 | 70y |
| JOHN M.F. GROAT & SONS LIMITED→ SC065141 · est 1978 | — | — | — | 15 | 48y | 80 | 71y |
| KINGCRAIG FABRICS (BRORA) LIMITED→ SC356624 · est 2009 | — | — | £94.9k | — | 17y | 80 | 69y |
| KT SPORTS (ORKNEY) LIMITED→ SC363572 · est 2009 | — | — | £483.2k | — | 16y | 80 | 67y |
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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 13/12/2015 | — |