GLIC LTD.

💤Zombieactive
SC551266 · ltd · incorporated 2016-11-28
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
—
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: SIC 27330
Sector: Manufacturing
ALSO REGISTERED FOR
  • 29320SIC 29320
  • 71129Other engineering activities
  • 74100Specialised design activities
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 68). 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 (73/100).

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, 4 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 (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
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£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30
Average employees400400

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-08-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-06-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2024-06-19
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  5. 2024-06-05
    📄
    capital-return-purchase-own-shares-treasury-capital-date
    capital · SH03
  6. 2023-06-16
    📄
    capital-return-purchase-own-shares-treasury-capital-date
    capital · SH03
  7. 2023-05-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-03-02
    ➖
    KERON, Jocelyn Patricia resigned
    director
  9. 2023-03-02
    ➖
    KERON, Neil Alexander, Dr resigned
    director
  10. 2023-03-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2023-03-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2022-08-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-08-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-11-01
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  15. 2020-10-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2020-10-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2020-10-22
    ➕
    WEBSTER, Gary Roderick appointed
    director
  18. 2020-10-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-08-20
    ➕
    KERON, Jocelyn Patricia appointed
    director
  20. 2019-08-20
    ➖
    WEBSTER, Gary Roderick resigned
    director
  21. 2019-08-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  22. 2019-08-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2016-11-28
    🏢
    Company incorporated
    As GLIC LTD.
  24. 2016-11-28
    ➕
    KERON, Neil Alexander, Dr appointed
    director
  25. 2016-11-28
    ➕
    WEBSTER, Gary Roderick appointed
    director

Owner dependency

90/100
Critical — business is the founder

The 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.
  • +Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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
NameSharesVoting rightsNature of controlNotified
Mr Gary Roderick Webster
Individual · British · DOB 06/1958 · age 68
25–50%
—25-50% shares18/04/2024
2 historic (ceased) PSCs
  • Dr Neil Alexander Keronceased 22/10/2020· 25-50% shares · 25-50% voting
  • Mr Gary Roderick Websterceased 20/08/2019· 25-50% shares · 25-50% voting

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 · Manufacturing · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
GRAY & ADAMS LIMITED→
SC047482 · est 1970
£75.13M
£58.44M–£91.83M
——50256y8771y
GRAY & ADAMS GROUP LIMITED→
SC230241 · est 2002
£53.82M
£41.86M–£65.78M
——024y8571y
GRAY & ADAMS (DUNFERMLINE) LIMITED→
SC082971 · est 1983
£17.07M
£13.28M–£20.87M
——10643y8571y
GRAY & ADAMS (DONCASTER) LIMITED→
SC128013 · est 1990
£16.62M
£12.93M–£20.32M
——10135y8771y
INTERWELL LIMITED→
SC391140 · est 2011
£10.98M
£8.54M–£13.42M
£33.44M—780015y9160y
EBLAST LIMITED→
SC202165 · est 1999
£8.03M
£6.24M–£9.81M
£11.11M—740026y8857y
DALES ENGINEERING SERVICES LIMITED→
SC107948 · est 1987
£6.22M
£4.84M–£7.60M
£21.87M—1100038y9370y
SUPERIOR ENERGY SERVICES LIMITED→
SC259694 · est 2003
£6.15M
£4.78M–£7.51M
£1.45M—150022y9460y
IMENCO UK LIMITED→
SC372021 · est 2010
£5.97M
£4.64M–£7.29M
£17.33M—1150016y9571y
TGT OILFIELD SERVICES UK LIMITED→
SC427554 · est 2012
£2.26M
£1.76M–£2.76M
£9.93M—300013y8461y
VECTOR SUPPLIES LIMITED→
SC103810 · est 1987
£1.63M
£1.27M–£1.99M
——1639y8571y
DALES 2002 LIMITED→
SC234880 · est 2002
£1.27M
£990.2k–£1.56M
——023y8370y
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
Incorporated2016-11-28
Jurisdictionscotland
Primary SIC27330 — SIC 27330

Registered office

3 Bograxie Burnhervie
Burnhervie
Inverurie
Aberdeenshire
AB51 5LD
United Kingdom

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-06-06
Last: 2025-05-23

Officers (1 active · 3 resigned)

WEBSTER, Gary Roderick→
director · ~68y · appointed 2020-10-22
View their other companies + combined net worth →
Active
KERON, Jocelyn Patricia→
director · ~75y · appointed 2019-08-20 · resigned 2023-03-02
Resigned
KERON, Neil Alexander, Dr→
director · ~73y · appointed 2016-11-28 · resigned 2023-03-02
Resigned
WEBSTER, Gary Roderick→
director · ~68y · appointed 2016-11-28 · resigned 2019-08-20
Resigned

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

Recent filings (31 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-06-19
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2024-06-19
capital-return-purchase-own-shares-treasury-capital-date
capital · SH03
2024-06-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-26
capital-return-purchase-own-shares-treasury-capital-date
capital · SH03
2023-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-03
termination-director-company-with-name-termination-date
officers · TM01
2023-03-02
termination-director-company-with-name-termination-date
officers · TM01
2023-03-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-28