A.G. WESTMORELAND & CO. LIMITED
💤Zombieactive
00180109 · ltd · incorporated 1922-03-06
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 Sept 2025
Net worth
£132.5k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 32300
Sector: Manufacturing
Investor take
PursueActive trading company with a 81-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 81). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 50.2y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 50.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
100 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £132,487
Net assets shrinking
Down £47,674 YoY
Cash YoY
-26%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£122k
↓ 26% YoY
Net Worth
£132k
↓ 26% YoY
Current Assets
£172k
↓ 20% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Total assets | £132.5k | £180.2k |
| Current assets | £171.6k | £215.1k |
| Cash | £121.6k | £165.1k |
| Debtors | £50.0k | £50.0k |
| Net assets | £132.5k | £180.2k |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-15📄mortgage-charge-whole-release-with-charge-numbermortgage · MR05
- 2024-05-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-06-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-01-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-09-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-08-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-08-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-01-23📄capital-cancellation-sharescapital · SH06
- 2019-01-23📄capital-return-purchase-own-sharescapital · SH03
- 2019-01-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-21➖WESTMORELAND, Christopher Shaun resigneddirector
- 2018-12-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-07-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 1989-10-17🔒Charge registered #3Lender: The Welsh Development Agency
- 1983-04-29🔒Charge registered #2Lender: Barclays Bank PLC
- 1976-03-11🔒Charge registered #1Lender: Barclays Bank PLC
- 1922-03-06🏢Company incorporatedAs A.G. WESTMORELAND & CO. LIMITED
Owner dependency
100/100
Critical — business is the founderThe 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 name in company name: Company name contains director surname "WESTMORELAND" — strong identity link between founder and business.
- +Founder age: Director aged approximately 81 — succession pressure is live.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 104 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Bruce Graham Westmoreland Individual · British · DOB 08/1945 · age 81 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Mr Christopher Shaun Westmorelandceased 21/12/2018· 25-50% shares · 25-50% voting
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| 1CARBON LTD→ 17014721 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 3 D MOTORSPORT LIMITED→ 05557360 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| 316 MARINE FABRICATION LIMITED→ 14739112 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 3D ON DEMAND LTD→ 13696468 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 3R DESIGN LTD→ 09476630 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| 80072 STEAM LOCOMOTIVE CO. LIMITED→ 03036777 · est 1995 · no financials extracted | — | — | — | — | 31y | — | — |
| A J J EXO SKELETONS LTD→ 16821882 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A. & B. AIR SOLUTIONS LIMITED→ 04233134 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| A1 BUILDING PRODUCTS LIMITED→ 07169935 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ABARTECH LIMITED→ 07988946 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| ABERSOCH BOAT WORKS LIMITED→ 15113721 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABERSOCH MARINE AND CHARTER LIMITED→ 11697832 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1922-03-06
Jurisdictionengland-wales
Primary SIC32300 — SIC 32300
Registered office
Llanerch Industrial Estate
Llanerch Road
Llanfairfechan
LL33 0EB
Wales
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-08-22
Last: 2025-08-08
Officers (2 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Welsh Development Agency | Legal charge | 2 properties | 17/10/1989 | — | |
| outstanding | Barclays Barclays Bank PLC | Debenture | 1 property | 29/04/1983 | — | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 11/03/1976 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (100 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-05
mortgage-charge-whole-release-with-charge-number
mortgage · MR05
2024-05-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-08-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-06-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-01-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-09-23