GLENISLA DEVELOPMENTS LIMITED

🏛️Establishedactive
SC543403 · ltd · incorporated 2016-08-22
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£4.24M
book net assets
Opportunity
75/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 69-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (60/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

15 live charges · 8 lenders · oldest 9.6y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 9.6 years old — likely at or near maturity.
  • · 8 lenders named — inter-creditor friction likely.
  • · Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (75/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
15 charges (15/15 with lender, 15/15 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
69 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
75/100Strong
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
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £4,239,384

Key financials

1 year extracted from filed iXBRL accounts
Cash
£20k
Net Worth
£4.2m
Current Assets
£22m
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-30
Total assets£4.36M
Current assets£21.66M
Cash£19.9k
Debtors£6.97M
Net assets£4.24M

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (50 events)Click to expand
  1. 2026-03-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-08-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-08-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-08-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-08-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-01-15
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  8. 2024-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-06-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-06-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2023-06-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2023-06-06
    🔒
    Charge registered #15
    Lender: Solutus Advisors Limited (As Security Agent)
  14. 2023-06-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2023-05-26
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2023-05-26
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2023-05-26
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2023-05-26
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2023-05-26
    🔒
    Charge registered #14
    Lender: Solutus Advisors Limited (As Security Trustee)
  20. 2023-05-26
    🔒
    Charge registered #13
    Lender: Solutus Advisors Limited (As Security Trustee)
  21. 2023-05-26
    🔓
    Charge satisfied #12
  22. 2023-05-26
    🔓
    Charge satisfied #11
  23. 2023-05-26
    🔓
    Charge satisfied #7
  24. 2023-05-26
    🔓
    Charge satisfied #6
  25. 2023-04-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2022-09-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  27. 2022-09-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  28. 2022-09-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  29. 2021-11-10
    🔒
    Charge registered #12
    Lender: Route Finance Limited as Security Trustee
  30. 2021-10-11
    🔒
    Charge registered #11
    Lender: Route Finance Limited as Security Trustee for the a Noteholders
  31. 2021-03-18
    🔓
    Charge satisfied #10
  32. 2021-03-18
    🔓
    Charge satisfied #9
  33. 2021-03-18
    🔓
    Charge satisfied #8
  34. 2020-12-15
    🔒
    Charge registered #10
    Lender: Grosvenor Funding LTD
  35. 2020-02-12
    🔒
    Charge registered #9
    Lender: Grosvenor Funding LTD
  36. 2020-02-10
    🔒
    Charge registered #8
    Lender: Grosvenor Funding LTD
  37. 2019-10-02
    🔓
    Charge satisfied #2
  38. 2018-07-05
    🔓
    Charge satisfied #5
  39. 2018-07-05
    🔓
    Charge satisfied #4
  40. 2018-07-04
    🔒
    Charge registered #7
    Lender: Route Finance Limited as Security Trustee
  41. 2018-06-29
    🔒
    Charge registered #6
    Lender: Route Finance Limited as Security Trustee
  42. 2017-09-13
    🔒
    Charge registered #5
    Lender: Route Finance Limited as Security Trustee
  43. 2017-07-06
    🔓
    Charge satisfied #1
  44. 2017-06-20
    🔒
    Charge registered #4
    Lender: Route Finance Limited as Security Trustee
  45. 2016-10-18
    🔒
    Charge registered #3
    Lender: Glenisla Developments Limited
  46. 2016-10-14
    🔒
    Charge registered #2
    Lender: Route Finance Limited as Security Trustee for the Noteholders
  47. 2016-09-29
    🔒
    Charge registered #1
    Lender: Route Finance Limited
  48. 2016-08-22
    🏢
    Company incorporated
    As GLENISLA DEVELOPMENTS LIMITED
  49. 2016-08-22
    ➕
    FAIRLEY, George Watson appointed
    director
  50. 2016-08-22
    ➕
    OFFICER, Malcolm John appointed
    director

Owner dependency

78/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med · 1 low
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr George Watson Fairley
Individual · British · DOB 10/1957 · age 69
—25–50%25-50% voting09/09/2022
Mr Malcolm John Officer
Individual · British · DOB 09/1963 · age 63
—25–50%25-50% voting09/09/2022
3 historic (ceased) PSCs
  • Route Finance Limitedceased 09/09/2022· 75-100% shares
  • Mr George Watson Fairleyceased 28/11/2018· 25-50% shares
  • Mr Malcolm John Officerceased 28/11/2018· 25-50% shares

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
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
GBS LETS LTD→
SC444758 · est 2013 · no financials extracted
————13y——
GEORGIA PROPERTIES LIMITED→
SC807883 · est 2024 · no financials extracted
————1y——
GERARD MCGLADE LIMITED→
SC256642 · est 2003 · no financials extracted
————22y——
GETLET LETTINGS LIMITED→
SC878508 · est 2026 · no financials extracted
———————
GFS DEVELOPMENTS LTD.→
SC395388 · est 2011 · no financials extracted
————15y——
GFS LAND LTD.→
SC395391 · est 2011 · no financials extracted
————15y——
GHULAM NABI PROPERTIES LTD→
SC572742 · est 2017 · no financials extracted
————8y——
GIBSONCORP LTD→
SC853131 · est 2025 · no financials extracted
———————
GILLANI PROPERTY LTD→
SC878473 · est 2026 · no financials extracted
———————
GLENALA EDUCATION LTD→
SC383854 · est 2010 · no financials extracted
————15y——
GLENCROFT PROPERTY (SCOTLAND) LIMITED→
SC711647 · est 2021 · no financials extracted
————4y——
GLJ (PROPERTY) LIMITED→
SC567567 · est 2017 · no financials extracted
————8y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2016-08-22
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

Second Floor Airbles House
270 Airbles Road
Motherwell
ML1 3AT
United Kingdom

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-09-04
Last: 2025-08-21

Officers (2 active · 0 resigned)

FAIRLEY, George Watson→
director · ~69y · appointed 2016-08-22
View their other companies + combined net worth →
Active
OFFICER, Malcolm John→
director · ~63y · appointed 2016-08-22
View their other companies + combined net worth →
Active

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

Mortgages & charges

15
Total charges
4
Outstanding
3
Active lenders
Status:Lender:15 of 15 shown
TypeProperties
outstanding
Solutus Advisors (As Security Agent)
Solutus Advisors Limited (As Security Agent)
A registered charge1 property06/06/2023—
outstanding
Solutus Advisors (As Security Trustee)
Solutus Advisors Limited (As Security Trustee)
A registered charge—26/05/2023—
outstanding
Solutus Advisors (As Security Trustee)
Solutus Advisors Limited (As Security Trustee)
A registered charge1 property26/05/2023—
satisfied
Route Finance as Security Trustee
Route Finance Limited as Security Trustee
A registered charge1 property10/11/202126/05/2023
satisfied
Route Finance as Security Trustee for the a Noteholders
Route Finance Limited as Security Trustee for the a Noteholders
A registered charge—11/10/202126/05/2023
satisfied
Grosvenor Funding
Grosvenor Funding LTD
A registered charge1 property15/12/202018/03/2021
satisfied
Grosvenor Funding
Grosvenor Funding LTD
A registered charge2 properties12/02/202018/03/2021
satisfied
Grosvenor Funding
Grosvenor Funding LTD
A registered charge—10/02/202018/03/2021
satisfied
Route Finance as Security Trustee
Route Finance Limited as Security Trustee
A registered charge1 property04/07/201826/05/2023
satisfied
Route Finance as Security Trustee
Route Finance Limited as Security Trustee
A registered charge1 property29/06/201826/05/2023
satisfied
Route Finance as Security Trustee
Route Finance Limited as Security Trustee
A registered charge1 property13/09/201705/07/2018
satisfied
Route Finance as Security Trustee
Route Finance Limited as Security Trustee
A registered charge1 property20/06/201705/07/2018
outstanding
Glenisla Developments
Glenisla Developments Limited
A registered charge1 property18/10/2016—
satisfied
Route Finance as Security Trustee for the Noteholders
Route Finance Limited as Security Trustee for the Noteholders
A registered charge1 property14/10/201602/10/2019
satisfied
Route Finance
Route Finance Limited
A registered charge—29/09/201606/07/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (69 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-15
change-person-director-company-with-change-date
officers · CH01
2025-08-15
change-person-director-company-with-change-date
officers · CH01
2025-08-15
change-account-reference-date-company-current-extended
accounts · AA01
2025-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-06-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-06-07