GLACK ENTERPRISES LIMITED

🏛️Establishedactive
SC537525 · ltd · incorporated 2016-06-08
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.
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: SIC 02200
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Strong opportunity: active trading company 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 (78/100)

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
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
Network not yet resolved
30
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31
Average employees300500

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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-08-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-04-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-05-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-03-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-05-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-03-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-07-13
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  11. 2016-06-08
    🏢
    Company incorporated
    As GLACK ENTERPRISES LIMITED
  12. 2016-06-08
    ELPHINSTON, Margaret appointed
    director
  13. 2016-06-08
    ELPHINSTON, William appointed
    director
  14. 2016-06-08
    ELPHINSTONE, Charles appointed
    director
  15. 2016-06-08
    📄
    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 101 — 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 101 years old. Natural succession window is now.

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
Mrs Margaret Elphinston
Individual · British · DOB 09/1925 · age 101
75100%
75-100% shares08/06/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2016-06-08
Jurisdictionscotland
Primary SIC02200 — SIC 02200

Registered office

14 City Quay
Dundee
Tayside
DD1 3JA
United Kingdom

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-12-26
Last: 2025-12-12

Officers (3 active · 0 resigned)

ELPHINSTON, Margaret
director · ~101y · appointed 2016-06-08
View their other companies + combined net worth →
Active
ELPHINSTON, William
director · ~63y · appointed 2016-06-08
View their other companies + combined net worth →
Active
ELPHINSTONE, Charles
director · ~68y · appointed 2016-06-08
View their other companies + combined net worth →
Active

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

Recent filings (21 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-23
change-person-director-company-with-change-date
officers · CH01
2025-08-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-05-01