THIRD EYE SERVICES GLASGOW LTD

🌿Early-stageactive
SC777358 · ltd · incorporated 2023-07-30
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2024
Net worth
book net assets
Opportunity
56/100
Worth a look
🔔
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What this business does
Primary activity: Electrical installation
Sector: Construction
ALSO REGISTERED FOR
  • 43220Plumbing, heat and air-conditioning installation
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 56/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

Data confidence

Overall: medium (72/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (1 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 6 total, 6 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
56/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
56
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-07-31
Average employees700

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 officers
  • 1 address
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-01-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-01-01
    CHU, William resigned
    director
  3. 2025-12-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-11-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-11-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-11-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2025-11-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-11-01
    QURESHI, Nazia Ajmal appointed
    director
  9. 2025-11-01
    KAUR, Rajpreet resigned
    director
  10. 2025-10-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2025-10-15
    GULIA, Rahul resigned
    director
  12. 2025-10-15
    KAUR, Rajpreet appointed
    director
  13. 2025-10-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2025-10-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2025-10-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2025-10-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2025-08-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  18. 2025-08-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2025-08-08
    GULIA, Rahul appointed
    director
  20. 2025-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2024-11-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  22. 2024-11-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  23. 2024-06-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2024-06-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2024-06-01
    CHU, William appointed
    director
  26. 2024-06-01
    YOUNAS, Qamar resigned
    director
  27. 2024-05-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  28. 2023-07-30
    🏢
    Company incorporated
    As THIRD EYE SERVICES GLASGOW LTD
  29. 2023-07-30
    YOUNAS, Qamar appointed
    director
  30. 2023-07-30
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +Young company: Only 2.8 years old — management layer unlikely to be developed.

Succession & seller-readiness

45/100
Moderate signal

Some 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

1 high · 1 med · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-04-30

3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: CHU, William resigned 2026-01-01; GULIA, Rahul resigned 2025-10-15; KAUR, Rajpreet resigned 2025-11-01

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 Nazia Ajmal Qureshi
Individual · Pakistani · DOB 07/1972 · age 54
75100%
75-100% shares01/11/2025
5 historic (ceased) PSCs
  • Miss Rajpreet Kaurceased 01/11/2025· 75-100% shares
  • Mr Rahul Guliaceased 15/10/2025· significant influence
  • Mr William Chuceased 17/10/2025· 25-50% shares · 25-50% voting · board control
  • Mr Gerald Joseph Dochertyceased 01/11/2024· 25-50% shares · 25-50% voting · board control
  • Mr Qamar Younasceased 01/05/2024· 25-50% shares · 25-50% voting · board control

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

10 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.

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Company details

Statusactive
Typeltd
Incorporated2023-07-30
Jurisdictionscotland
Primary SIC43210 — Electrical installation

Registered office

104 Abercorn Street
Paisley
PA3 4AY
Scotland

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-11-27
Last: 2025-11-13

Officers (1 active · 4 resigned)

QURESHI, Nazia Ajmal
director · ~54y · appointed 2025-11-01
View their other companies + combined net worth →
Active
CHU, William
director · ~48y · appointed 2024-06-01 · resigned 2026-01-01
Resigned
GULIA, Rahul
director · ~22y · appointed 2025-08-08 · resigned 2025-10-15
Resigned
KAUR, Rajpreet
director · ~36y · appointed 2025-10-15 · resigned 2025-11-01
Resigned
YOUNAS, Qamar
director · ~41y · appointed 2023-07-30 · resigned 2024-06-01
Resigned

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

Recent filings (24 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-01-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-13
termination-director-company-with-name-termination-date
officers · TM01
2025-11-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-11-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-13
appoint-person-director-company-with-name-date
officers · AP01
2025-11-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-17
termination-director-company-with-name-termination-date
officers · TM01
2025-10-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-15
appoint-person-director-company-with-name-date
officers · AP01
2025-10-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-08-20
appoint-person-director-company-with-name-date
officers · AP01
2025-08-20