LORNTYGLEN LTD

🏛️Establishedactive
SC590111 · ltd · incorporated 2018-03-01
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 Mar 2025
Net worth
£-22.4k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Repair of machinery
Sector: Manufacturing
ALSO REGISTERED FOR
  • 55209Other holiday and other collective accommodation
  • 61900Other telecommunications activities
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 74). 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, 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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
17 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.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £22,450

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£22k
↓ 4.3% YoY
Current Assets
£11k
↓ 14% YoY
Current Liabilities
-£22k-£15k-£8k-£1k£6k£13kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£-22.4k£-21.5k
Current assets£11.3k£13.2k
Net assets£-22.4k£-21.5k

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 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-07-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-03-15
    📍
    change-sail-address-company-with-new-address
    address · AD02
  4. 2023-07-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-08-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-07-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-06-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-10-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-03-01
    🏢
    Company incorporated
    As LORNTYGLEN LTD
  10. 2018-03-01
    BARRETT, Ann appointed
    secretary
  11. 2018-03-01
    BARRETT, Andrew Dexter appointed
    director
  12. 2018-03-01
    BARRETT, Ann appointed
    director
  13. 2018-03-01
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 74 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Andrew Dexter Barrett
Individual · British · DOB 03/1952 · age 74
2550%
25–50%25-50% shares · 25-50% voting01/03/2018
Mrs Ann Barrett
Individual · British · DOB 10/1953 · age 73
2550%
25–50%25-50% shares · 25-50% voting01/03/2018

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 →

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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
Incorporated2018-03-01
Jurisdictionscotland
Primary SIC33120 — Repair of machinery

Registered office

Mains Of Glasclune Farmhouse
Middleton Road
Blairgowrie
PH10 6SF
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-14
Last: 2026-02-28

Officers (3 active · 0 resigned)

BARRETT, Ann
secretary · appointed 2018-03-01
View their other companies + combined net worth →
Active
BARRETT, Andrew Dexter
director · ~74y · appointed 2018-03-01
View their other companies + combined net worth →
Active
BARRETT, Ann
director · ~73y · appointed 2018-03-01
View their other companies + combined net worth →
Active

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

Recent filings (17 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-02
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-07
change-sail-address-company-with-new-address
address · AD02
2024-03-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-11
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-01
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-09