GAVIN WATSON LIMITED

🌳Matureactive

SC023460 · ltd · incorporated 1945-09-05

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

£1.78M

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 18121

Sector: Manufacturing

Investor take

Pursue

Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

12 live charges · 9 lenders · oldest 55.8y

15/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 55.8 years old — likely at or near maturity.
· 9 lenders named — inter-creditor friction likely.
· Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

12 charges (12/12 with lender, 12/12 with type)

Directors & officers

21 officers (7 active, 21 linked, 18 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

17 connected companies via shared directors

Filing history

179 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £1,784,852

Net assets shrinking

Down £751,177 YoY

Cash YoY

-29%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£6k

↓ 29% YoY

Net Worth

£1.8m

↓ 30% YoY

Current Assets

£1.7m

↓ 44% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30
Total assets	£2.69M	£4.47M
Current assets	£1.73M	£3.08M
Cash	£5.7k	£8.0k
Debtors	£1.22M	£2.47M
Net assets	£1.78M	£2.54M

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

filings

Last 90 days

filings

• 1 accounts
• 1 confirmation-statement

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (69 events)Click to expand

2026-03-23
📄
accounts-with-accounts-type-small
accounts · AA
2025-09-29
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-23
🔒
Charge registered #12
Lender: Close Brothers Limited
2025-06-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-06-04
➖
MACDONALD, Angus resigned
director
2025-03-31
📄
accounts-with-accounts-type-audited-abridged
accounts · AA
2024-09-03
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-29
📄
accounts-with-accounts-type-full
accounts · AA
2023-07-31
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-30
📄
accounts-with-accounts-type-full
accounts · AA
2022-12-01
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2022-07-14
📄
accounts-with-accounts-type-full
accounts · AA
2022-06-30
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-30
🔓
Charge satisfied #9
2022-06-27
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-06-23
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-06-20
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-20
🔓
Charge satisfied #8
2022-06-17
🔒
Charge registered #11
Lender: Close Invoice Finance LTD
2022-06-17
🔒
Charge registered #10
Lender: Close Brothers Limited
2022-04-14
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-03-30
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2021-04-30
📄
accounts-with-accounts-type-full
accounts · AA
2020-01-28
📄
accounts-with-accounts-type-full
accounts · AA
2018-09-14
🔓
Charge satisfied #5
2018-09-03
🔓
Charge satisfied #6
2018-08-30
🔒
Charge registered #9
Lender: Shawbrook Bank Limited
2016-02-01
➕
MCCALLUM, David appointed
director
2015-10-15
🔓
Charge satisfied #7
2015-10-09
🔒
Charge registered #8
Lender: Maven Capital Partners UK LLP
2015-01-30
➕
COLL, Mark appointed
director
2015-01-30
➕
MACDONALD, Angus appointed
director
2014-09-17
🔒
Charge registered #7
Lender: West of Scotland Loan Fund
2012-06-22
🔓
Charge satisfied #4
2012-06-22
🔓
Charge satisfied #3
2012-06-22
🔓
Charge satisfied #2
2012-06-22
🔓
Charge satisfied #1
2012-05-28
🔒
Charge registered #5
Lender: Lloyds Tsb Commercial Finance Limited
2012-05-23
🔒
Charge registered #6
Lender: Bank of Scotland PLC
2011-05-23
➖
MCLAUGHLIN, David resigned
director
2011-02-01
🔒
Charge registered #4
Lender: Clydesdale Bank PLC
2010-06-04
➖
BROWN, Philip resigned
director
2009-08-10
➕
CUMMING, Stephen Robert appointed
secretary
2009-08-03
➕
MCLAUGHLIN, David appointed
director
2009-07-10
➖
SF SECRETARIES LIMITED resigned
corporate-nominee-secretary
2009-05-25
➕
CUMMING, Stephen Robert appointed
director
2008-10-30
➖
FULLERTON, James resigned
director
2007-11-28
➖
SAMUEL, Andrew William Dougall resigned
director
2007-04-26
➕
BROWN, Thomas appointed
director
2007-04-26
➕
LINDSAY, Colin appointed
director

Showing most recent 50 of 69 events

Owner dependency

65/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-6 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

73/100

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.
secondary12+ year tenure: Director in role 19 years.
secondaryStable-but-static management: Company is 81 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 med ·

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.

Group structure

The Gt4 Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

The Gt4 Group Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

GAVIN WATSON LIMITED

This company · SC023460

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%

Name	Shares	Voting rights	Nature of control	Notified
The Gt4 Group Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	30/06/2016

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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HAIR LAB PRODUCTS LTD→ SC506620 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
HAWAZIN LIMITED→ SC819888 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
HGP (SCOTLAND) LIMITED→ SC717019 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
HOLMES FLEET ASSIST LTD→ SC850650 · est 2025 · no financials extracted	—	—	—	—	—	—	—
HOMER BURGESS LIMITED→ SC055598 · est 1974 · no financials extracted	—	—	—	—	51y	—	—
HOOLE YACHT SERVICES LTD→ SC777451 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
HOWCO METALS MANAGEMENT LIMITED→ SC235586 · est 2002 · no financials extracted	—	—	—	—	23y	—	—
HYND ENGINEERING SERVICES LTD→ SC292945 · est 2005 · no financials extracted	—	—	—	—	20y	—	—

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

Statusactive

Typeltd

Incorporated1945-09-05

Jurisdictionscotland

Primary SIC18121 — SIC 18121

Registered office

70 C/O Robb Fergusson Chartered Accountants

West Regent Street

Glasgow

G2 2QZ

Scotland

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2027-02-20

Last: 2026-02-06