TRONGATE PRODUCTIONS (NO. 6) LIMITED

🌿Early-stageactive
SC799931 · ltd · incorporated 2024-02-21
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
66/100
Strong
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What this business does
Primary activity: Television programme production activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 66/100 (strong), bankability 55/100. 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 (53/100).

🏦

Refinance opportunity

1 live charge · oldest 1.9y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 1.9 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (59/100)

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
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
7 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
3
filings
  • 2 gazette
  • 1 confirmation-statement
Last 180 days
3
filings
  • 2 gazette
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2026-03-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-03-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2024-06-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2024-06-04
    🔒
    Charge registered #1
    Lender: Ai Sts, Llc
  5. 2024-02-21
    🏢
    Company incorporated
    As TRONGATE PRODUCTIONS (NO. 6) LIMITED
  6. 2024-02-21
    CLEMENTS, Alan appointed
    director
  7. 2024-02-21
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  8. 2024-02-21
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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 65 — succession pressure is live.
  • +Young company: Only 2.2 years old — management layer unlikely to be developed.

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 65. 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 high ·
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: 2025-12-31

Group structure

Two Rivers Media Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Two Rivers Media Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
TRONGATE PRODUCTIONS (NO. 6) LIMITED
This company · SC799931

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Two Rivers Media Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control21/02/2024

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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

11 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
Incorporated2024-02-21
Jurisdictionscotland
Primary SIC59113 — Television programme production activities

Registered office

James Miller Building 4th Floor
98 West George Street
Glasgow
Scotland
G2 1PJ
Scotland

Filing status

Accounts
Next due: 2025-12-31OVERDUE
Last made up to:
Confirmation statement
Next due: 2027-03-06
Last: 2026-02-20

Officers (1 active · 0 resigned)

CLEMENTS, Alan
director · ~65y · appointed 2024-02-21
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Ai Sts,
Ai Sts, Llc
A registered charge1 property04/06/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (7 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-26
gazette-notice-compulsory
gazette · GAZ1
2026-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-07
change-account-reference-date-company-current-shortened
accounts · AA01
2024-02-21
incorporation-company
incorporation · NEWINC
2024-02-21