WELL ENGINEERING CONSULTANCY LTD.

🌳Matureactive
SC196296 · ltd · incorporated 1999-05-18
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 May 2025
Net worth
£399.6k
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 06100
Sector: Mining & quarrying
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 80/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
57 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
80
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 £399,607
Cash YoY
+206%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£15k
↑ 206% YoY
Net Worth
£400k
↑ 3.9% YoY
Current Assets
£51k
↑ 25% YoY
Current Liabilities
—
£0£80k£160k£240k£320k£400kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£399.6k£384.5k
Current assets£51.2k£40.9k
Cash£15.1k£4.9k
Debtors£344£229
Net assets£399.6k£384.5k

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
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-03-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-05-27
    ➕
    ANDERSON, Lynsey Sandra appointed
    director
  5. 2024-05-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-02-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-02-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-06-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2016-02-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-05-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-02-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 1999-05-18
    🏢
    Company incorporated
    As WELL ENGINEERING CONSULTANCY LTD.
  19. 1999-05-18
    ➕
    ANDERSON, Sheila Thomson appointed
    secretary
  20. 1999-05-18
    ➕
    ANDERSON, John George Farquhar appointed
    director
  21. 1999-05-18
    ➕
    IGP CORPORATE NOMINEES LTD appointed
    corporate-nominee-secretary
  22. 1999-05-18
    ➖
    IGP CORPORATE NOMINEES LTD resigned
    corporate-nominee-secretary

Owner dependency

91/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 76 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • primaryFamily succession underway: Not a takeover target — ANDERSON, Lynsey Sandra (same surname) appointed 2024-05-27. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 27 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

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
Mr John George Farquhar Anderson
Individual · Scottish · DOB 07/1950 · age 76
50–75%
—50-75% shares01/06/2016
Mrs Sheila Thomson Anderson
Individual · Scottish · DOB 06/1954 · age 72
50–75%
—50-75% shares01/06/2016

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

Similar companies

Active · Manufacturing · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
VIKING SUPPLY SHIPS LIMITED→
SC202464 · est 1999 · no financials extracted
————26y——
VINREG ACCESS LTD→
SC742888 · est 2022 · no financials extracted
————3y——
VORTUS INTERNATIONAL LTD→
SC834476 · est 2025 · no financials extracted
————1y——
VYSUS (GB) LIMITED→
SC125513 · est 1990 · no financials extracted
————35y——
W J BROWN MECHANICAL SERVICES LIMITED→
SC133395 · est 1991 · no financials extracted
————34y——
WADJES LIMITED→
SC702028 · est 2021 · no financials extracted
————4y——
WALKER COMPLETIONS SERVICES LIMITED→
SC220794 · est 2001 · no financials extracted
————24y——
WAVEBEAM LIMITED→
SC575003 · est 2017 · no financials extracted
————8y——
WCS SCOTLAND LIMITED→
SC447768 · est 2013 · no financials extracted
————13y——
WELL SYSTEMS TECHNOLOGY LTD→
SC411984 · est 2011 · no financials extracted
————14y——
WELLSITE GEOLOGICAL SERVICES LTD→
SC342357 · est 2008 · no financials extracted
————17y——
WELLWELD LTD→
SC835464 · est 2025 · no financials extracted
————1y——
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
Incorporated1999-05-18
Jurisdictionscotland
Primary SIC06100 — SIC 06100

Registered office

Marchlands
Lonmay
Fraserburgh
Aberdeenshire
AB43 8RN

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-01
Last: 2025-05-18

Officers (3 active · 1 resigned)

ANDERSON, Sheila Thomson→
secretary · appointed 1999-05-18
View their other companies + combined net worth →
Active
ANDERSON, John George Farquhar→
director · ~76y · appointed 1999-05-18
View their other companies + combined net worth →
Active
ANDERSON, Lynsey Sandra→
director · ~43y · appointed 2024-05-27
View their other companies + combined net worth →
Active
IGP CORPORATE NOMINEES LTD→
corporate-nominee-secretary · appointed 1999-05-18 · resigned 1999-05-18
Resigned

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

Recent filings (57 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-26
change-person-director-company-with-change-date
officers · CH01
2025-05-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-30
appoint-person-director-company-with-name-date
officers · AP01
2024-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-29