WAVERLEY CUTTING TOOLS LIMITED

🌳Matureactive
SC063189 · ltd · incorporated 1977-09-30
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
—
year to Oct 2024
Net worth
£2.01M
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: SIC 46620
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
116 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2,011,234
Cash YoY
+21%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£993k
↑ 21% YoY
Net Worth
£2.0m
↑ 12% YoY
Current Assets
—
Current Liabilities
—
£0£402k£804k£1.2m£1.6m£2.0mOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Cash£993.4k£820.2k
Net assets£2.01M£1.80M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-08-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2021-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-09-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-08-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-06-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-08-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-06-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2016-04-15
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  14. 2016-04-15
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2016-01-01
    ➕
    BURROWS, Kirsteen Louise appointed
    secretary
  16. 2016-01-01
    ➖
    KELMAN, Isla Barbara Lesley resigned
    secretary
  17. 2015-11-17
    📄
    capital-return-purchase-own-shares
    capital · SH03
  18. 2015-11-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2015-10-30
    ➖
    KELMAN, John Parkin resigned
    director
  20. 2015-07-28
    ➕
    BURROWS, Kirsteen Louise appointed
    director
  21. 2015-07-28
    ➕
    KELMAN, Roger Iain appointed
    director
  22. 1977-09-30
    🏢
    Company incorporated
    As WAVERLEY CUTTING TOOLS LIMITED

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

51/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 49 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Kirsteen Louise Burrows
Individual · British · DOB 04/1982 · age 44
25–50%
25–50%25-50% shares · 25-50% voting02/06/2017
Roger Iain Kelman
Individual · British · DOB 05/1979 · age 47
25–50%
25–50%25-50% shares · 25-50% voting02/06/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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JOHN DAVIDSON (PIPES) LIMITED→
SC050397 · est 1972
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SC123707 · est 1990
£993.4k
£745.1k–£1.24M
——1536y8373y
MO & CO (UK) LIMITED→
SC236096 · est 2002
£860.4k
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——210023y8286y
KEITH BUILDERS MERCHANTS LIMITED→
SC217157 · est 2001
£155.6k
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——3925y8458y
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———60018y8363y
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SC378341 · est 2010 · no financials extracted
————15y8371y
SEAFOOD TRADERS INTERNATIONAL LIMITED→
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———900024y8378y
ABERDEEN OFFICE SUPPLIES LIMITED→
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——£59.2k—23y8267y
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——£593.6k—18y8283y
CRAIGIEVAR TIMBER LIMITED→
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——£227.4k—17y8274y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated1977-09-30
Jurisdictionscotland
Primary SIC46620 — SIC 46620

Registered office

37 Albyn Place
Aberdeen
Aberdeen City
AB10 1YN
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-07-14
Last: 2025-06-30

Officers (3 active · 2 resigned)

BURROWS, Kirsteen Louise→
secretary · appointed 2016-01-01
View their other companies + combined net worth →
Active
BURROWS, Kirsteen Louise→
director · ~44y · appointed 2015-07-28
View their other companies + combined net worth →
Active
KELMAN, Roger Iain→
director · ~47y · appointed 2015-07-28
View their other companies + combined net worth →
Active
KELMAN, Isla Barbara Lesley→
secretary · resigned 2016-01-01
Resigned
KELMAN, John Parkin→
director · ~82y · resigned 2015-10-30
Resigned

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

Recent filings (116 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-12-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-29
confirmation-statement-with-updates
confirmation-statement · CS01
2019-06-07