ARMSTRONG WATSON AUDIT LIMITED
🌳Matureactive
08800970 · ltd · incorporated 2013-12-03
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Accounting and auditing activities
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 72/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 11.9y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 11.9 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (60/100)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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
15 officers (4 active, 15 linked, 15 with DOB)
90
Ownership & PSC
3 active PSC(s) of 8 total, 8 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
71 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
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 (55 events)Click to expand
- 2025-12-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-04-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-04🔓Charge satisfied #2
- 2025-04-02🔒Charge registered #5Lender: Hsbc UK Bank PLC
- 2025-04-02🔒Charge registered #4Lender: Hsbc UK Bank PLC
- 2024-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-16📄capital-allotment-sharescapital · SH01
- 2023-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-26🔒Charge registered #3Lender: Evbl (General Partner Ev Sme Loans Ii) Limited Acting on Behalf of and in Its Capacity as General Partner to Ev Sme Loans Ii LP
- 2023-02-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-01-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-20➕OSBOURNE, Matthew Lee appointeddirector
- 2022-10-20➕TURNER, Simon Martin appointeddirector
- 2022-10-20➖POOLE, Andrew Arthur resigneddirector
- 2022-10-20➖PRESTON, Ross Muir resigneddirector
- 2022-10-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-10-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-10-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-10-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-10-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-10-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-04-01➖DAY, Rohan Christian resigneddirector
- 2022-04-01➕PRESTON, Ross Muir appointeddirector
- 2022-04-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-04-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-04-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-07-29🔒Charge registered #2Lender: Santander UK PLC
- 2021-07-15🔓Charge satisfied #1
- 2018-09-01➖RICHMOND, David Andrew resigneddirector
- 2018-04-01➖JOHNSTON, Alan James, Canon resigneddirector
- 2017-08-14➕POOLE, Andrew Arthur appointeddirector
- 2017-08-14➕RICHMOND, David Andrew appointeddirector
- 2017-03-21➖POOLE, Andrew Arthur resigneddirector
- 2017-03-08➖BOOTH, William John resigneddirector
- 2017-03-08➖CARROLL, Jean Evelyn resigneddirector
- 2017-03-08➖RICHMOND, David Andrew resigneddirector
- 2017-03-08➖RUSSELL, Douglas Mackenzie resigneddirector
- 2016-07-11➕GRAY, Joanna appointeddirector
- 2016-04-01➖BOTTOMLEY, Michael David resigneddirector
- 2014-06-23➕POOLE, Andrew Arthur appointeddirector
- 2014-06-16🔒Charge registered #1Lender: National Westminster Bank PLC
- 2014-04-01➕BOOTH, William John appointeddirector
- 2014-04-01➕BOTTOMLEY, Michael David appointeddirector
- 2014-04-01➕DAY, Rohan Christian appointeddirector
- 2014-04-01➕RICHMOND, David Andrew appointeddirector
Showing most recent 50 of 55 events
Owner dependency
40/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
Succession & seller-readiness
43/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondary12+ year tenure: Director in role 12 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Matthew Lee Osbourne Individual · British · DOB 02/1980 · age 46 | — | 25–50% | 25-50% voting | 11/01/2023 |
Mrs Joanna Gray Individual · British · DOB 10/1981 · age 45 | — | 25–50% | 25-50% voting | 22/10/2019 |
Mr Paul Alan Dickson Individual · British · DOB 03/1971 · age 55 | — | 25–50% | 25-50% voting | 06/04/2016 |
5 historic (ceased) PSCs
- Mr Simon Martin Turnerceased 17/01/2023· 25-50% shares · 25-50% voting
- Mr Ross Muir Prestonceased 20/10/2022· 25-50% voting
- Mrs Joanna Grayceased 22/10/2019· 25-50% voting
- Mr Rohan Christian Dayceased 01/04/2022· 25-50% voting
- Canon Alan James Johnstonceased 01/04/2018· 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
Active · Professional services · CA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AHORITA LIMITED→ 05621123 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ALM ENGINEERING (CUMBRIA) LIMITED→ 07807338 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ARCHITECTA LIMITED→ 15509645 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ARMBLEY TRANSPORT LIMITED→ 14554452 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ARMSTRONG ENGINEERING SERVICES LIMITED→ 13365661 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ARMSTRONG WATSON AUDIT HOLDINGS LIMITED→ 07511144 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| ARMSTRONG WATSON TRUSTEES LIMITED→ 08449656 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ARNISON & COMPANY SOLICITORS LIMITED→ 05132590 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| AROOVO LTD→ 14953265 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARROW QUANTITY SURVEYORS LIMITED→ 09179474 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ARTISAN MECHATRONICS LIMITED→ 10172706 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ASAP ACCOUNTANCY SERVICES LTD→ 04549790 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2013-12-03
Jurisdictionengland-wales
Primary SIC69201 — Accounting and auditing activities
Registered office
James Watson House Montgomery Way
Rosehill Industrial Estate
Carlisle
CA1 2UU
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-18
Last: 2025-10-04
Officers (4 active · 11 resigned)
DICKSON, Paul Alan→
Activedirector · ~55y · appointed 2013-12-03
View their other companies + combined net worth →
GRAY, Joanna→
Activedirector · ~45y · appointed 2016-07-11
View their other companies + combined net worth →
OSBOURNE, Matthew Lee→
Activedirector · ~46y · appointed 2022-10-20
View their other companies + combined net worth →
TURNER, Simon Martin→
Activedirector · ~42y · appointed 2022-10-20
View their other companies + combined net worth →
BOOTH, William John→
Resigneddirector · ~64y · appointed 2014-04-01 · resigned 2017-03-08
BOTTOMLEY, Michael David→
Resigneddirector · ~71y · appointed 2014-04-01 · resigned 2016-04-01
CARROLL, Jean Evelyn→
Resigneddirector · ~69y · appointed 2013-12-03 · resigned 2017-03-08
DAY, Rohan Christian→
Resigneddirector · ~50y · appointed 2014-04-01 · resigned 2022-04-01
JOHNSTON, Alan James, Canon→
Resigneddirector · ~66y · appointed 2013-12-03 · resigned 2018-04-01
POOLE, Andrew Arthur→
Resigneddirector · ~48y · appointed 2017-08-14 · resigned 2022-10-20
POOLE, Andrew Arthur→
Resigneddirector · ~48y · appointed 2014-06-23 · resigned 2017-03-21
PRESTON, Ross Muir→
Resigneddirector · ~44y · appointed 2022-04-01 · resigned 2022-10-20
RICHMOND, David Andrew→
Resigneddirector · ~64y · appointed 2017-08-14 · resigned 2018-09-01
RICHMOND, David Andrew→
Resigneddirector · ~64y · appointed 2014-04-01 · resigned 2017-03-08
RUSSELL, Douglas Mackenzie→
Resigneddirector · ~62y · appointed 2014-04-01 · resigned 2017-03-08
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
3
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | — | 02/04/2025 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 2 properties | 02/04/2025 | — | |
| outstanding | Evbl (General Partner Ev Sme Loans Ii) Acting on Behalf of and in Its Capacity as General Partner to Ev Sme Loans Ii LP Evbl (General Partner Ev Sme Loans Ii) Limited Acting on Behalf of and in Its Capacity as General Partner to Ev Sme Loans Ii LP | A registered charge | — | 26/06/2023 | — | |
| satisfied | Santander Santander UK PLC | A registered charge | 1 property | 29/07/2021 | 04/04/2025 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 16/06/2014 | 15/07/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (71 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-07
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
capital-allotment-shares
capital · SH01
2024-10-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-06-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-02-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-15