GLENQUICKEN ENG. LTD

🌳Matureactive
SC526347 · ltd · incorporated 2016-02-09
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 May 2025
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (80/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Average employees2200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
2
filings
  • 1 capital
  • 1 confirmation-statement
Last 180 days
3
filings
  • 1 capital
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-02-26
    📄
    capital-allotment-shares
    capital · SH01
  2. 2026-01-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-01-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-01-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-02-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-03-17
    📄
    capital-allotment-shares
    capital · SH01
  7. 2022-02-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-01-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-11-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-01-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-02-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2016-02-09
    🏢
    Company incorporated
    As GLENQUICKEN ENG. LTD
  14. 2016-02-09
    MCCART, Graeme Michael appointed
    director
  15. 2016-02-09
    MCCART, Mary Wilhelmina appointed
    director
  16. 2016-02-09
    MCCART, Michael Charles appointed
    director
  17. 2016-02-09
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  18. 2016-02-09
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • +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

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • 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
Mr Michael Charles Mccart
Individual · British · DOB 02/1955 · age 71
75100%
75–100%75-100% shares · 75-100% voting30/06/2016

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

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
Incorporated2016-02-09
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

Glenquicken Farm
Creetown
Newton Stewart
DG8 7ET
United Kingdom

Filing status

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

Officers (3 active · 0 resigned)

MCCART, Graeme Michael
director · ~38y · appointed 2016-02-09
View their other companies + combined net worth →
Active
MCCART, Mary Wilhelmina
director · ~67y · appointed 2016-02-09
View their other companies + combined net worth →
Active
MCCART, Michael Charles
director · ~71y · appointed 2016-02-09
View their other companies + combined net worth →
Active

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

Recent filings (24 total)

capital-allotment-shares
capital · SH01
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-09
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-08
capital-allotment-shares
capital · SH01
2022-03-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-12