B.J.WATSON LIMITED

⚰️Wound downdissolved

00566023 · ltd · incorporated 1956-05-11

Investment thesis

Company dissolved — not a live target.

Why interesting: Historical record only; useful for precedent research.

Why risky: Not transactable.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 46.3y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

62/100

Worth a look

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What this business does

Primary activity: Construction of commercial buildings

Sector: Construction

Investor take

Pass (distressed without resilience)

Distressed unclear — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 80/100. Strong seller-intent signal (68/100, director aged 103). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

8 live charges · 2 lenders · oldest 46.3y

70/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 46.3 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 20/100 — clean.

Data confidence

Overall: low (51/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

8 charges (8/8 with lender, 8/8 with type)

Directors & officers

16 officers (11 active, 16 linked, 15 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

8 connected companies via shared directors

Filing history

126 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

62/100Worth a look

PassWatchWorth a lookStrongExceptional

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

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (56 events)Click to expand

2013-02-19
📄
gazette-dissolved-voluntary
gazette · GAZ2(A)
2013-02-19
🏁
Company dissolved
2012-11-06
📄
gazette-notice-voluntary
gazette · GAZ1(A)
2012-10-25
📄
dissolution-application-strike-off-company
dissolution · DS01
2012-02-21
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-01-09
📄
capital-variation-of-rights-attached-to-shares
capital · SH10
2012-01-09
📄
capital-name-of-class-of-shares
capital · SH08
2012-01-09
📄
capital-name-of-class-of-shares
capital · SH08
2012-01-09
📄
resolution
resolution · RESOLUTIONS
2012-01-09
📄
statement-of-companys-objects
change-of-constitution · CC04
2012-01-09
📄
capital-alter-shares-subdivision
capital · SH02
2012-01-09
📄
resolution
resolution · RESOLUTIONS
2011-12-16
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-02-02
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-02-02
📄
change-person-director-company-with-change-date
officers · CH01
2011-02-01
📄
change-person-director-company-with-change-date
officers · CH01
2011-02-01
📄
change-person-director-company-with-change-date
officers · CH01
2011-02-01
📄
change-person-director-company-with-change-date
officers · CH01
2011-01-04
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-02-02
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-02-01
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-01-27
📄
change-person-director-company-with-change-date
officers · CH01
2010-01-27
📄
change-person-director-company-with-change-date
officers · CH01
2010-01-27
📄
change-person-director-company-with-change-date
officers · CH01
2010-01-27
📄
change-person-director-company-with-change-date
officers · CH01
2010-01-27
📄
change-person-director-company-with-change-date
officers · CH01
2005-03-18
🔓
Charge satisfied #8
2005-03-18
🔓
Charge satisfied #7
2005-03-18
🔓
Charge satisfied #6
2005-03-18
🔓
Charge satisfied #5
2005-03-18
🔓
Charge satisfied #4
2005-03-18
🔓
Charge satisfied #9
2005-03-18
🔓
Charge satisfied #2
2005-03-18
🔓
Charge satisfied #1
2001-03-30
🔒
Charge registered #8
Lender: National Westminster Bank PLC
2001-03-30
🔒
Charge registered #7
Lender: National Westminster Bank PLC
2001-03-30
🔒
Charge registered #6
Lender: National Westminster Bank PLC
2001-03-30
🔒
Charge registered #5
Lender: National Westminster Bank PLC
2001-03-30
🔒
Charge registered #4
Lender: National Westminster Bank PLC
2001-03-15
➕
WATSON, Anthony Joseph appointed
director
2001-03-15
➕
WATSON, Roger Gregory appointed
director
2001-03-15
➕
WATTAM, Anne Michelle appointed
director
2000-09-06
➕
CARR, Sarah appointed
director
2000-09-06
➖
WATSON, Simon Peter resigned
director
1993-10-13
➕
EASY, Lucy Grace appointed
director
1993-10-13
➕
WATSON, James Bernard, Doctor appointed
director
1993-10-13
➕
WATSON, Mark Gerard, Mr. appointed
director
1993-10-13
➕
WATSON, Philip Guy appointed
director
1993-10-13
➖
CARR, Sarah resigned
director
1993-10-13
➖
WATSON, Anne Michelle resigned
director

Showing most recent 50 of 56 events

Owner dependency

88/100

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

-10 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "WATSON" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 103 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 103 years old. Natural succession window is now.
primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 70 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high · 1 med ·

Company dissolved

high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2013-02-19

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.

🔒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

8 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

Statusdissolved

Typeltd

Incorporated1956-05-11

Jurisdictionengland-wales

Primary SIC41201 — Construction of commercial buildings

Registered office

86 Wateringpool Lane

Lostock Hall

Preston

PR5 5UA

Filing status

Accounts

Next due: —

Last made up to: 2011-03-31

Confirmation statement

Next due: —

Last: —