ALBA DEWATERING SERVICES LIMITED

🌳Matureactive

SC235431 · ltd · incorporated 2002-08-15

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

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 18.5y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Feb 2025

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Site preparation

Sector: Construction

Investor take

Pursue

Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 18.5y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 18.5 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

15 officers (7 active, 15 linked, 11 with DOB)

Ownership & PSC

1 active PSC(s) of 4 total, 4 with control declared

Director network

5 connected companies via shared directors

Filing history

107 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-02-28	2024-02-29
Average employees	40	3300

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (46 events)Click to expand

2025-11-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-04
📄
capital-cancellation-shares
capital · SH06
2025-11-04
📄
capital-return-purchase-own-shares
capital · SH03
2025-04-23
📄
change-person-director-company-with-change-date
officers · CH01
2025-02-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-03
📄
change-person-secretary-company-with-change-date
officers · CH03
2025-01-30
📄
change-person-director-company-with-change-date
officers · CH01
2025-01-30
📄
change-person-director-company-with-change-date
officers · CH01
2024-03-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-03-13
📄
change-person-director-company-with-change-date
officers · CH01
2024-03-13
📄
change-person-director-company-with-change-date
officers · CH01
2024-03-13
📄
change-person-director-company-with-change-date
officers · CH01
2024-03-13
📄
change-person-director-company-with-change-date
officers · CH01
2024-03-13
📄
change-person-director-company-with-change-date
officers · CH01
2024-03-13
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-13
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-01-29
➖
TOWERS, Mark resigned
director
2024-01-26
📄
change-person-director-company-with-change-date
officers · CH01
2023-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-17
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-08-17
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-11-12
➕
HOLLINSHEAD, David appointed
director
2021-11-12
➕
TOWERS, Mark appointed
director
2021-09-30
➕
COLLIER, Andrew appointed
director
2021-09-30
➕
GOODSON, Christopher appointed
director
2021-09-30
➕
TERZZA, Daniel appointed
director
2012-04-09
➖
WILCOCK, Nigel Joseph resigned
director
2010-08-03
➕
BALDWIN, Mark Anthony appointed
director
2007-10-31
🔒
Charge registered #1
Lender: Hsbc Bank PLC
2007-02-21
➕
WHITELAM, Glyn appointed
secretary
2007-02-12
➖
RANDS, Isabella Margaret resigned
secretary
2007-02-12
➖
RANDS, Isabella Margaret resigned
director
2007-02-12
➖
RANDS, Philip John resigned
director
2006-01-24
➕
WHITELAM, Glyn appointed
director
2006-01-24
➕
WILCOCK, Nigel Joseph appointed
director
2003-12-17
➖
TAYLOR, Steven Kevin resigned
director
2002-08-22
➕
RANDS, Isabella Margaret appointed
secretary
2002-08-22
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
2002-08-22
➕
RANDS, Isabella Margaret appointed
director
2002-08-22
➕
RANDS, Philip John appointed
director
2002-08-22
➕
TAYLOR, Steven Kevin appointed
director
2002-08-22
➖
JORDANS (SCOTLAND) LIMITED resigned
corporate-nominee-director
2002-08-15
🏢
Company incorporated
As ALBA DEWATERING SERVICES LIMITED
2002-08-15
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
2002-08-15
➕
JORDANS (SCOTLAND) LIMITED appointed
corporate-nominee-director

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-6 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

80/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 24 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.)

Group structure

G.W.M.B. Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

G.W.M.B. Holdings Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

ALBA DEWATERING SERVICES LIMITED

This company · SC235431

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%

Name	Shares	Voting rights	Nature of control	Notified
G.W.M.B. Holdings Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	28/02/2022

3 historic (ceased) PSCs

Mr Mark Anthony Baldwinceased 28/02/2022· 25-50% shares · 25-50% voting
Mr Glyn Whitelamceased 28/02/2022· 50-75% shares
Mr Nigel Joseph Wilcockceased 26/04/2019· 25-50% shares

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 · KA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
MCTAGGART CONSTRUCTION LIMITED→ SC042957 · est 1965	£13.64M £9.74M–£17.53M	—	—	152	60y	85	61y
MCTAGGART GROUP LIMITED→ SC314901 · est 2007	£10.61M £7.58M–£13.63M	—	—	0	19y	83	61y
DALCON LIMITED→ SC327630 · est 2007	£6.00M £4.28M–£7.71M	—	—	96	18y	88	58y
ABN SERVICES CO. LTD.→ SC216960 · est 2001	£187.1k £133.6k–£240.6k	—	—	35	25y	83	61y
BWA NEXUS LIMITED→ SC205639 · est 2000	£70.3k £50.3k–£90.5k	—	—	3	26y	92	62y
BURNAWN SERVICES LTD→ SC307932 · est 2006	—	—	—	1400	19y	83	58y
CLYDE COAST CONTRACTS LIMITED→ SC068689 · est 1979	—	—	£5.34M	—	46y	83	64y
JJL GROUNDWORKS (AYR) LTD.→ SC256402 · est 2003	—	—	£2.22M	—	22y	83	60y
MCTAGGART CIVILS LIMITED→ SC344109 · est 2008	—	—	—	0	17y	83	61y
RTS CONTRACTS LIMITED→ SC205745 · est 2000	—	—	£961.4k	—	26y	83	61y
WEST SIPHONICS SYSTEMS LIMITED→ SC381758 · est 2010	—	—	£1.84M	—	15y	83	66y
WESTGALE LIMITED→ SC281968 · est 2005	—	—	—	21	21y	83	67y

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

Incorporated2002-08-15

Jurisdictionscotland

Primary SIC43120 — Site preparation

Registered office

44 Bank Street

Kilmarnock

KA1 1HA

Scotland

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2026-08-27

Last: 2025-08-13