WEMYSS FABRICS (HOLDINGS) LIMITED

🌳Matureactive
SC072907 · ltd · incorporated 1980-10-21
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 Nov 2024
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 78/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

9 live charges · 7 lenders · oldest 44.9y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 44.9 years old — likely at or near maturity.
  • · 7 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (73/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 7 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
137 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-29
Average employees0

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

🔒Filing-note intelligence

3 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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
  1. 2025-08-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-08-05
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  4. 2024-06-03
    MORTON FRASER SECRETARIES LIMITED resigned
    corporate-secretary
  5. 2023-08-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-09-01
    📄
    accounts-with-accounts-type-group
    accounts · AA
  7. 2021-07-30
    📄
    accounts-with-accounts-type-group
    accounts · AA
  8. 2020-09-02
    📄
    accounts-with-accounts-type-group
    accounts · AA
  9. 2020-01-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2020-01-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2020-01-30
    🔓
    Charge satisfied #8
  12. 2020-01-30
    🔓
    Charge satisfied #7
  13. 2019-07-01
    📄
    accounts-with-accounts-type-group
    accounts · AA
  14. 2018-06-29
    📄
    accounts-with-accounts-type-group
    accounts · AA
  15. 2018-05-16
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  16. 2018-05-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2018-05-01
    MORTON FRASER SECRETARIES LIMITED appointed
    corporate-secretary
  18. 2018-02-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2018-02-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2018-02-20
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  21. 2018-02-20
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  22. 2018-02-07
    TATNELL, Ian James appointed
    director
  23. 2018-02-07
    WORF, Ian Richard appointed
    director
  24. 2018-02-07
    BURNESS PAULL LLP resigned
    corporate-secretary
  25. 2018-02-07
    MOIR, Malcolm resigned
    director
  26. 2018-02-07
    WIGGLESWORTH, Martin Hardwick resigned
    director
  27. 2018-02-07
    🔒
    Charge registered #11
    Lender: Malcolm Moir and Martin Hardwick Wigglesworth
  28. 2018-02-07
    🔒
    Charge registered #10
    Lender: Rbs Invoice Finance Limited
  29. 2018-02-07
    🔒
    Charge registered #9
    Lender: The Royal Bank of Scotland PLC
  30. 2012-04-25
    🔓
    Charge satisfied #5
  31. 2012-04-25
    🔓
    Charge satisfied #3
  32. 2012-04-25
    🔓
    Charge satisfied #2
  33. 2011-12-07
    🔒
    Charge registered #8
    Lender: Clydesdale Bank PLC
  34. 2007-10-18
    🔒
    Charge registered #7
    Lender: Clydesdale Bank Public Limited Company
  35. 2004-09-12
    BURNESS PAULL LLP appointed
    corporate-secretary
  36. 2004-09-12
    BURNESS SOLICITORS resigned
    corporate-nominee-secretary
  37. 1997-06-17
    STIRLING, Frederick Robertson resigned
    director
  38. 1994-12-02
    REEKIE, Charles Ian Barclay resigned
    director
  39. 1993-10-13
    DICKS, Trevor William resigned
    director
  40. 1989-04-25
    BURNESS SOLICITORS appointed
    corporate-nominee-secretary
  41. 1987-02-06
    🔒
    Charge registered #5
    Lender: The Governor and Company of the Bank of Scotland
  42. 1982-07-13
    🔓
    Charge satisfied #1
  43. 1981-08-27
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  44. 1981-07-31
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  45. 1981-07-07
    🔒
    Charge registered #1
    Lender: Law & Bonar PLC
  46. 1980-10-21
    🏢
    Company incorporated
    As WEMYSS FABRICS (HOLDINGS) LIMITED

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 46 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

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

🏛️
Gourdie Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
WEMYSS FABRICS (HOLDINGS) LIMITED
This company · SC072907

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%
NameSharesVoting rightsNature of controlNotified
Gourdie Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated1980-10-21
Jurisdictionscotland
Primary SIC70100 — Activities of head offices

Registered office

7a Nobel Road
West Gourdie Industrial Estate
Dundee
DD2 4UH
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-29
Confirmation statement
Next due: 2027-02-10
Last: 2026-01-27

Officers (2 active · 8 resigned)

TATNELL, Ian James
director · ~61y · appointed 2018-02-07
View their other companies + combined net worth →
Active
WORF, Ian Richard
director · ~62y · appointed 2018-02-07
View their other companies + combined net worth →
Active
BURNESS PAULL LLP
corporate-secretary · appointed 2004-09-12 · resigned 2018-02-07
Resigned
BURNESS SOLICITORS
corporate-nominee-secretary · appointed 1989-04-25 · resigned 2004-09-12
Resigned
MORTON FRASER SECRETARIES LIMITED
corporate-secretary · appointed 2018-05-01 · resigned 2024-06-03
Resigned
DICKS, Trevor William
director · ~76y · resigned 1993-10-13
Resigned
MOIR, Malcolm
director · ~73y · resigned 2018-02-07
Resigned
REEKIE, Charles Ian Barclay
director · ~105y · resigned 1994-12-02
Resigned
STIRLING, Frederick Robertson
director · ~84y · resigned 1997-06-17
Resigned
WIGGLESWORTH, Martin Hardwick
director · ~74y · resigned 2018-02-07
Resigned

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

Mortgages & charges

9
Total charges
3
Outstanding
3
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
outstanding
Malcolm Moir and Martin Hardwick Wigglesworth
A registered charge1 property07/02/2018
outstanding
NatWest Group
Rbs Invoice Finance Limited
A registered charge1 property07/02/2018
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property07/02/2018
satisfied
Virgin Money
Clydesdale Bank PLC
Floating charge1 property07/12/201130/01/2020
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property18/10/200730/01/2020
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Letter of offset1 property06/02/198725/04/2012
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property27/08/198125/04/2012
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Letter of offset1 property31/07/198125/04/2012
satisfied
Law & Bonar
Law & Bonar PLC
Floating charge1 property07/07/198113/07/1982
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (137 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-04
termination-secretary-company-with-name-termination-date
officers · TM02
2024-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-10
accounts-with-accounts-type-group
accounts · AA
2022-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-03
accounts-with-accounts-type-group
accounts · AA
2021-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-03
accounts-with-accounts-type-group
accounts · AA
2020-09-02
mortgage-satisfy-charge-full
mortgage · MR04
2020-01-30
mortgage-satisfy-charge-full
mortgage · MR04
2020-01-30