TOUCH UPS (GLASGOW) LIMITED
💤Zombieactive
SC546161 · ltd · incorporated 2016-09-23
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£945.2k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 2.8y
0/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.8 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 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
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £945,198
Key financials
2 years extracted from filed iXBRL accountsCash
£569k
Net Worth
£945k
↑ 42% YoY
Current Assets
£1.3m
↑ 51% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £1.43M | £956.7k |
| Current assets | £1.28M | £850.2k |
| Cash | £568.6k | — |
| Debtors | £190.9k | — |
| Net assets | £945.2k | £665.1k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-06-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-12-18📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-12-18📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-02🔒Charge registered #2Lender: Smart Business Link Limited
- 2023-08-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-31🔒Charge registered #1Lender: Akzo Nobel Coatings Limited
- 2023-03-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-24📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-07-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-06-22📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2021-06-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-09-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-11-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-09-23🏢Company incorporatedAs TOUCH UPS (GLASGOW) LIMITED
- 2016-09-23➕FINDLAY, William appointeddirector
Owner dependency
80/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr William Findlay Individual · British · DOB 09/1986 · age 40 | 75–100% | — | 75-100% shares | 23/09/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Trade services · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MID GAVIN NURSERY LIMITED→ SC219812 · est 2001 | £447.6k £335.7k–£559.5k | £692.7k | — | 2100 | 24y | 84 | 78y |
| NISTAPLOX LIMITED→ SC180067 · est 1997 | £38.8k £29.1k–£48.6k | £26.9k | — | 0 | 28y | 86 | 79y |
| ACTIVE ENERGY SOLUTIONS LTD.→ SC230311 · est 2002 | — | — | £1.56M | — | 24y | 83 | 60y |
| ADVARIAN PROPERTIES LTD→ SC248314 · est 2003 | — | — | £582.9k | — | 23y | 83 | 70y |
| AG (MANAGEMENT SERVICES) LTD→ SC339541 · est 2008 | — | — | £3.09M | — | 18y | 83 | 59y |
| AMG WARRANTIES LIMITED→ SC265646 · est 2004 | — | — | — | 0 | 22y | 83 | 74y |
| BELGICA UK LIMITED→ SC235052 · est 2002 | — | — | £1.81M | — | 23y | 83 | 62y |
| BILL'S TOOL STORE LIMITED→ SC365221 · est 2009 | — | — | — | 1300 | 16y | 83 | 58y |
| BLUE SQUARE OFFICES LTD.→ SC203991 · est 2000 · no financials extracted | — | — | — | — | 26y | 83 | 65y |
| CAMSCAFF LTD.→ SC253590 · est 2003 | — | — | £556.7k | — | 22y | 83 | 61y |
| CENTRIFUGE MAINTENANCE SERVICES LIMITED→ SC173406 · est 1997 | — | — | — | — | 29y | 83 | 63y |
| CHAPPELL WHISKY BROKERS LIMITED→ SC180651 · est 1997 | — | — | £2.12M | — | 28y | 83 | 74y |
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
Incorporated2016-09-23
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
15 Rutherglen Road
Rutherglen
Glasgow
G73 1SX
Scotland
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-26
Last: 2025-09-12
Officers (1 active · 0 resigned)
FINDLAY, William→
Activedirector · ~40y · appointed 2016-09-23
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Smart Business Link Smart Business Link Limited | A registered charge | — | 02/11/2023 | — | |
| outstanding | Akzo Nobel Coatings Akzo Nobel Coatings Limited | A registered charge | 1 property | 31/07/2023 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (28 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-06-27
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-12-18
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-08-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-07
change-person-director-company-with-change-date
officers · CH01
2022-07-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-07-24