GLOW HOMES AYRSHIRE ESTATE AGENTS LTD

🏛️Establishedactive
SC671515 · ltd · incorporated 2020-08-20
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 Aug 2024
Net worth
£-21.5k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Real estate agencies
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (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: distressed disposal / insolvency (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, 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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
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 £21,541

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£22k
↓ 44% YoY
Current Assets
£1k
↓ 65% YoY
Current Liabilities
-£22k-£16k-£11k-£6k-£1k£4kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-08-312023-08-31
Total assets£-19.3k£-12.7k
Current assets£1.4k£4.0k
Net assets£-21.5k£-14.9k

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 (14 events)Click to expand
  1. 2025-03-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2024-12-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2024-05-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-10-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-10-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-10-16
    CONNELLY, Melanie appointed
    director
  8. 2023-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-07-22
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2022-07-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2022-07-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2020-08-20
    🏢
    Company incorporated
    As GLOW HOMES AYRSHIRE ESTATE AGENTS LTD
  13. 2020-08-20
    CONNELLY, Jason appointed
    director
  14. 2020-08-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • 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.)

Group structure

Glow Homes Letting & Sales Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Glow Homes Letting & Sales Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
GLOW HOMES AYRSHIRE ESTATE AGENTS LTD
This company · SC671515

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

3 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Glow Homes Letting & Sales Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control20/08/2020
Mr Jason John Connelly
Individual · British · DOB 04/1994 · age 32
25–50%25-50% voting29/11/2024
Mrs Melanie Connelly
Individual · British · DOB 07/1987 · age 39
25–50%25-50% voting29/11/2024

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

6 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
Incorporated2020-08-20
Jurisdictionscotland
Primary SIC68310 — Real estate agencies

Registered office

49 Vernon Street
Saltcoats
KA21 5HE
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-23
Last: 2025-08-09

Officers (2 active · 0 resigned)

CONNELLY, Jason
director · ~32y · appointed 2020-08-20
View their other companies + combined net worth →
Active
CONNELLY, Melanie
director · ~39y · appointed 2023-10-16
View their other companies + combined net worth →
Active

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

Recent filings (16 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-12-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-23
appoint-person-director-company-with-name-date
officers · AP01
2023-10-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-14
gazette-filings-brought-up-to-date
gazette · DISS40
2022-07-22
accounts-with-accounts-type-dormant
accounts · AA
2022-07-21
gazette-notice-compulsory
gazette · GAZ1
2022-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-05