GLS SECURITIES LTD
🏛️Establishedactive
SC536100 · ltd · incorporated 2016-05-24
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£27.7k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: medium (79/100)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
4 officers (3 active, 4 linked, 4 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
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 →Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
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 declaredPositive net assets
Net assets £27,653
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£28k
Current Assets
£40k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £28.8k | — |
| Current assets | £40.2k | — |
| Net assets | £27.7k | — |
| Average employees | — | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-02-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-06-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-06-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-06-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-02-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-02-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-02-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-07-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-07-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2016-12-18➖PLATT, Myra resigneddirector
- 2016-05-24🏢Company incorporatedAs GLS SECURITIES LTD
- 2016-05-24➕MCCONNELL, Lorraine appointeddirector
- 2016-05-24➕PLATT, Gary appointeddirector
- 2016-05-24➕PLATT, Steven appointeddirector
- 2016-05-24➕PLATT, Myra appointeddirector
- 2016-05-24📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Steven Platt Individual · British · DOB 12/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 23/05/2017 |
Mrs Lorraine Mcconnell Individual · Scottish · DOB 07/1966 · age 60 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 24/05/2016 |
Mr Gary Platt Individual · Scottish · DOB 03/1965 · age 61 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 24/05/2016 |
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 · Property · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| HOPE STREET INVESTMENTS LIMITED→ SC183228 · est 1998 | £662.4k £563.0k–£761.7k | — | £662.4k | — | 28y | 83 | 72y |
| ALMADA DEVELOPMENTS LTD.→ SC228289 · est 2002 | £594.6k £505.4k–£683.8k | — | £594.6k | — | 24y | 82 | 60y |
| ACFORM INVESTMENTS LIMITED→ SC336660 · est 2008 | £332.7k £282.8k–£382.6k | — | £332.7k | — | 18y | 83 | 61y |
| BELLSHILL METAL WORKS (GLASGOW) LIMITED→ SC026908 · est 1949 | £263.0k £223.5k–£302.4k | — | £263.0k | — | 77y | 82 | 68y |
| S & J PROPERTY LETTING LTD.→ SC289197 · est 2005 | £55.7k £47.4k–£64.1k | — | £55.7k | — | 20y | 83 | 76y |
| HAMILTON LICENSED GROCERS LTD→ SC329772 · est 2007 | £36.4k £31.0k–£41.9k | — | £36.4k | — | 18y | 83 | 67y |
| FREELANDS PROPERTIES (MAIN STREET) LIMITED→ SC289848 · est 2005 | £19.8k £16.8k–£22.8k | — | £19.8k | — | 20y | 83 | 69y |
| APR PROPERTIES LIMITED→ SC023267 · est 1945 | — | — | — | 0 | 81y | 83 | 64y |
| MANSEWOOD FACTORS LIMITED→ SC096696 · est 1986 | — | — | — | 0 | 40y | 83 | 88y |
| A & O QUINTILIANI LIMITED→ SC311440 · est 2006 | — | — | — | — | 19y | 82 | 64y |
| A W BRITTON LIMITED→ SC262068 · est 2004 | — | — | — | 0 | 22y | 82 | 59y |
| ALBERT BARTLETT & SONS (LESLIE) LIMITED→ SC037899 · est 1962 · no financials extracted | — | — | — | — | 63y | 82 | 70y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2016-05-24
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Whiteshawgate Farm
Whiteshawgate Farm
South Lanarkshire
ML10 6SY
Scotland
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-06
Last: 2025-05-23
Officers (3 active · 1 resigned)
MCCONNELL, Lorraine→
Activedirector · ~60y · appointed 2016-05-24
View their other companies + combined net worth →
Active
PLATT, Steven→
Activedirector · ~55y · appointed 2016-05-24
View their other companies + combined net worth →
PLATT, Myra→
Resigneddirector · ~90y · appointed 2016-05-24 · resigned 2016-12-18
Click a director name to see their full track record across all companies.
Recent filings (24 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-06-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-06-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-05