GLENBRAE TRADING (PROPERTY) LTD

💤Zombieactive
SC676502 · ltd · incorporated 2020-10-05
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 Jan 2025
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 74/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 3.7y

5/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Charge age ~3.7 years — mid-life; refi window approaching.
  • · 3 lenders named — inter-creditor friction likely.
  • · 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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 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
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
74
Few red flags.
Signal strength
100
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£0Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Average employees100100

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
2
filings
  • 1 officers
  • 1 address
Last 90 days
3
filings
  • 1 officers
  • 1 address
  • 1 accounts
Last 180 days
5
filings
  • 2 miscellaneous
  • 1 officers
  • 1 address
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-04-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-04-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2026-02-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-12-03
    📄
    legacy
    miscellaneous · ANNOTATION
  5. 2025-12-03
    📄
    legacy
    miscellaneous · ANNOTATION
  6. 2025-02-12
    FERGUSON, Audrey resigned
    director
  7. 2025-02-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-02-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-02-01
    FERGUSON, Robert Allan appointed
    director
  10. 2025-01-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2025-01-06
    🔓
    Charge satisfied #3
  12. 2024-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2024-07-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2024-04-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2024-04-12
    🔒
    Charge registered #4
    Lender: Residential Loans LTD
  16. 2024-04-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2024-04-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2024-04-08
    🔓
    Charge satisfied #2
  19. 2024-04-08
    🔓
    Charge satisfied #1
  20. 2023-10-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2023-09-28
    🔒
    Charge registered #3
    Lender: Residential Loans LTD
  22. 2023-07-14
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  23. 2023-07-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2022-08-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2022-08-15
    🔒
    Charge registered #2
    Lender: Crowd Property Limited as Security Agent
  26. 2022-08-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  27. 2022-08-11
    🔒
    Charge registered #1
    Lender: Crowd Property Limited
  28. 2022-06-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  29. 2020-10-05
    🏢
    Company incorporated
    As GLENBRAE TRADING (PROPERTY) LTD
  30. 2020-10-05
    FERGUSON, Audrey appointed
    director
  31. 2020-10-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

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 63. 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

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Audrey Ferguson
Individual · British · DOB 05/1962 · age 64
75100%
75–100%board control75-100% shares · 75-100% voting · board control05/10/2020

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2020-10-05
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings

Registered office

2 Markethill Road
Turriff
Aberdeenshire
AB53 4AZ
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10

Officers (1 active · 1 resigned)

FERGUSON, Robert Allan
director · ~63y · appointed 2025-02-01
View their other companies + combined net worth →
Active
FERGUSON, Audrey
director · ~64y · appointed 2020-10-05 · resigned 2025-02-12
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Residential Loans
Residential Loans LTD
A registered charge12/04/2024
satisfied
Residential Loans
Residential Loans LTD
A registered charge7 properties28/09/202306/01/2025
satisfied
Crowd Property as Security Agent
Crowd Property Limited as Security Agent
A registered charge1 property15/08/202208/04/2024
satisfied
Crowd Property
Crowd Property Limited
A registered charge11/08/202208/04/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (25 total)

change-person-director-company-with-change-date
officers · CH01
2026-04-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-16
legacy
miscellaneous · ANNOTATION
2025-12-03
legacy
miscellaneous · ANNOTATION
2025-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-23
termination-director-company-with-name-termination-date
officers · TM01
2025-02-12
appoint-person-director-company-with-name-date
officers · AP01
2025-02-12
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-16
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-08
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-08