WET T.M. LIMITED

🌳Matureactive
SC113409 · ltd · incorporated 1988-09-14
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
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Turnover
year to Sept 2024
Net worth
£161.1k
book net assets
Opportunity
81/100
Exceptional
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: asset-holding vehicle with exceptional profile and bankable structure.

Opportunity 81/100 (exceptional), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (65/100)

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
Confirmed no charges registered
85
Directors & officers
8 officers (4 active, 8 linked, 5 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
8 connected companies via shared directors
69
Filing history
112 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
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 £161,106

Key financials

1 year extracted from filed iXBRL accounts
Cash
£338k
Net Worth
£161k
Current Assets
£738k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-30
Total assets£161.1k
Current assets£737.7k
Cash£337.6k
Debtors£400.1k
Net assets£161.1k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-01-03
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  2. 2025-06-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-06-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-09-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2021-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-06-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-07-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-03-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-01-31
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  12. 2018-01-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2018-01-04
    MCLACHLAN, Mark resigned
    director
  14. 2017-03-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-12-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-10-05
    📄
    annual-return-company-with-made-up-date
    annual-return · AR01
  17. 2004-06-21
    CUNNINGHAM, Thomas appointed
    secretary
  18. 2004-06-21
    CUNNINGHAM, Thomas appointed
    director
  19. 2004-06-21
    MAIN, Rowan resigned
    secretary
  20. 1998-10-03
    CUNNINGHAM, Thomas resigned
    director
  21. 1996-01-12
    DAVIS, Elliot Paul resigned
    secretary
  22. 1996-01-12
    MAIN, Rowan appointed
    secretary
  23. 1988-12-30
    MCLACHLAN, Mark appointed
    director
  24. 1988-09-14
    🏢
    Company incorporated
    As WET T.M. LIMITED

Owner dependency

68/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

70/100
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.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 38 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.)
🔒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

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
Incorporated1988-09-14
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Atlantic House
1a Cadogan Street
Glasgow
Lanarkshire
G2 6QE

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-01
Last: 2025-09-17

Officers (4 active · 4 resigned)

CUNNINGHAM, Thomas
secretary · appointed 2004-06-21
View their other companies + combined net worth →
Active
CLARK, Graeme
director · ~61y
View their other companies + combined net worth →
Active
CUNNINGHAM, Thomas
director · ~62y · appointed 2004-06-21
View their other companies + combined net worth →
Active
MITCHELL, Neil
director · ~61y
View their other companies + combined net worth →
Active
DAVIS, Elliot Paul
secretary · resigned 1996-01-12
Resigned
MAIN, Rowan
secretary · appointed 1996-01-12 · resigned 2004-06-21
Resigned
CUNNINGHAM, Thomas
director · ~62y · resigned 1998-10-03
Resigned
MCLACHLAN, Mark
director · ~61y · appointed 1988-12-30 · resigned 2018-01-04
Resigned

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

Recent filings (112 total)

change-account-reference-date-company-previous-extended
accounts · AA01
2026-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-15
change-person-director-company-with-change-date
officers · CH01
2021-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-16