WESTERWOOD HOLDINGS (SCOTLAND) LIMITED

🌳Matureactive

SC082225 · ltd · incorporated 1983-03-14

Investment thesis

Property vehicle with leveraged stack — refinance / partial-release angle.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: Construction of commercial buildings

Sector: Construction

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. Biggest value-creation lever: Consolidate lender relationships. 14 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

25 live charges · 12 lenders · oldest 39.1y

25/100

too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

· Oldest live charge is 39.1 years old — likely at or near maturity.
· 12 lenders named — inter-creditor friction likely.
· Legal-friction score 55/100 (high).

Data confidence

Overall: medium (61/100)

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

Lenders & charges

25 charges (25/25 with lender, 25/25 with type)

Directors & officers

16 officers (6 active, 16 linked, 11 with DOB)

Ownership & PSC

3 active PSC(s) of 3 total, 3 with control declared

Director network

15 connected companies via shared directors

Filing history

215 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

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

• 2 change-of-name
• 1 confirmation-statement

Last 180 days

filings

• 2 change-of-name
• 1 confirmation-statement
• 1 officers

Counts from Companies House filing history.

Corporate timeline (89 events)Click to expand

2026-04-08
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2026-03-31
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2026-01-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-01-12
➕
WATSON, Craig Russell appointed
director
2025-10-28
📄
accounts-with-accounts-type-small
accounts · AA
2025-03-28
📄
change-corporate-secretary-company-with-change-date
officers · CH04
2024-11-11
📄
accounts-with-accounts-type-small
accounts · AA
2024-10-10
📄
change-corporate-secretary-company-with-change-date
officers · CH04
2024-01-12
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-12
📄
change-person-director-company-with-change-date
officers · CH01
2023-10-20
📄
accounts-with-accounts-type-small
accounts · AA
2023-03-03
📄
change-person-director-company-with-change-date
officers · CH01
2023-01-27
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-07
📄
accounts-with-accounts-type-small
accounts · AA
2022-03-07
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-01-28
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-01-28
📄
mortgage-charge-part-both-with-charge-number
mortgage · MR05
2022-01-28
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-01-28
🔓
Charge satisfied #31
2022-01-28
🔓
Charge satisfied #22
2021-11-04
📄
accounts-with-accounts-type-small
accounts · AA
2021-07-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-06-30
➖
GUNDERSON, David resigned
director
2021-06-16
📄
appoint-corporate-secretary-company-with-name-date
officers · AP04
2021-06-03
➕
ABERDEIN CONSIDINE SECRETARIAL SERVICES LIMITED appointed
corporate-secretary
2021-06-03
➖
ABERDEIN CONSIDINE & COMPANY resigned
corporate-secretary
2021-02-15
🔓
Charge satisfied #33
2020-04-21
🔓
Charge satisfied #32
2019-03-01
➕
WADDELL, Emilyjane appointed
director
2019-03-01
➕
GUNDERSON, David appointed
director
2019-02-08
🔒
Charge registered #33
Lender: Walker Holdings (Scotland) Limited
2017-08-30
🔓
Charge satisfied #21
2017-03-27
🔓
Charge satisfied #14
2016-12-15
➕
ABERDEIN CONSIDINE & COMPANY appointed
corporate-secretary
2016-12-15
➖
AS COMPANY SERVICES LIMITED resigned
corporate-secretary
2016-03-02
➕
AS COMPANY SERVICES LIMITED appointed
corporate-secretary
2016-03-02
➖
BRODIES SECRETARIAL SERVICES LIMITED resigned
corporate-secretary
2014-05-07
➕
YOUNG, Fiona Margaret appointed
director
2014-04-29
➖
WALKER, Edward Michael resigned
director
2013-11-21
🔒
Charge registered #32
Lender: Alister Mcdonald Sutherland
2013-07-08
➖
KERR, Ralph William Francis Joseph, Lord resigned
director
2008-12-23
🔒
Charge registered #31
Lender: Lord Ralph William Francis Joseph Kerr
2008-12-08
➕
WALKER, Craig Anderson appointed
director
2008-10-09
🔓
Charge satisfied #30
2005-11-24
🔒
Charge registered #30
Lender: Taylor Woodrow Developments Limited
2005-01-01
➖
BRODIES WS resigned
corporate-nominee-secretary
2004-10-11
➖
KERR, Peter Francis Walter, The Marquess Of Lothian resigned
director
2004-05-01
➕
BRODIES SECRETARIAL SERVICES LIMITED appointed
corporate-secretary
2004-04-27
➕
WALKER, Bruce Edward appointed
director
2004-04-27
➖
WARDROP, Alexander Duncan resigned
director

Showing most recent 50 of 89 events

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

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 61 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 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.

Name changed 2 times

medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-04-08: certificate-change-of-name-company; 2026-03-31: certificate-change-of-name-company

Shareholders & ownership

3 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Bruce Edward Walker Individual · British · DOB 07/1965 · age 61	—	25–50%	25-50% voting	06/04/2016
Mr Craig Anderson Walker Individual · British · DOB 08/1971 · age 55	—	25–50%	25-50% voting	06/04/2016
Mrs Fiona Margaret Young Individual · British · DOB 12/1967 · age 59	—	25–50%	25-50% voting	06/04/2016

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 →

Similar companies

Active · Construction · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GEORGE LESLIE LIMITED→ SC251886 · est 2003	£42.07M £30.05M–£54.09M	—	—	43000	22y	87	59y
MACKENZIE CONSTRUCTION LIMITED→ SC073177 · est 1980	£19.04M £13.60M–£24.48M	—	—	292	45y	87	61y
SLM MACKENZIE LIMITED→ SC243618 · est 2003	£19.02M £13.59M–£24.46M	—	—	292	23y	86	63y
LUDDON CONSTRUCTION LIMITED→ SC057943 · est 1975	£15.71M £11.22M–£20.20M	—	—	55400	50y	87	60y
CURTIS MOORE (CLADDING SYSTEMS) LIMITED→ SC206369 · est 2000	£6.45M £4.61M–£8.30M	—	—	3700	26y	85	65y
A.B. 2000 LTD.→ SC155832 · est 1995	£6.43M £4.59M–£8.26M	—	—	10600	31y	84	46y
VEITCHI INTERIORS LIMITED→ SC042401 · est 1965	£3.00M £2.15M–£3.86M	—	—	53	60y	87	61y
WESTPOINT CONSTRUCTION COMPANY (SCOTLAND) LTD→ SC101441 · est 1986	£968.2k £691.5k–£1.24M	—	—	66	39y	85	70y
INSITE CONTRACTS LIMITED→ SC162464 · est 1996	£682.9k £487.8k–£878.0k	—	—	47	30y	85	60y
TARPAVE LIMITED→ SC240089 · est 2002	£32.6k £23.3k–£41.9k	£2.30M	—	1100	23y	84	65y
A H F CONSTRUCTION MANAGEMENT LTD.→ SC352436 · est 2008	—	—	£2.19M	—	17y	83	58y
ALGAS MEDICAL INSTALLATIONS LIMITED→ SC284549 · est 2005	—	—	—	2200	21y	83	70y

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.

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Company details

Statusactive

Typeltd

Incorporated1983-03-14

Jurisdictionscotland

Primary SIC41201 — Construction of commercial buildings

Registered office

18 Waterloo Street

Glasgow

G2 6DB

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-29

Last: 2026-03-15