W. M. MUSTARD & SON LIMITED

🌳Matureactive
SC255756 · ltd · incorporated 2003-09-10
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 15.7y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

2 live charges · oldest 15.7y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 15.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (77/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (4 active, 8 linked, 5 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
86 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
65
Some acquirability indicators.
Risk profile
85
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
£0£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Average employees23002700

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2025-09-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-09-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-06-26
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2025-06-26
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2025-06-26
    🔓
    Charge satisfied #2
  6. 2025-06-26
    🔓
    Charge satisfied #1
  7. 2025-06-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-06-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-06-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-10-01
    MUSTARD, Eileen Mostyn appointed
    director
  11. 2023-09-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2023-09-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2023-09-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2023-06-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2022-08-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2022-08-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2022-08-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2022-06-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2021-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2020-12-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2020-12-15
    📄
    capital-allotment-shares
    capital · SH01
  22. 2020-12-01
    MUSTARD, Kerr James appointed
    director
  23. 2020-07-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2016-10-03
    MUSTARD, Jack William appointed
    director
  25. 2014-07-24
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  26. 2011-01-01
    MUSTARD, Margaret resigned
    secretary
  27. 2010-08-19
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  28. 2004-07-27
    MUSTARD SNR, William resigned
    director
  29. 2003-09-12
    MUSTARD, William appointed
    director
  30. 2003-09-12
    MUSTARD, Margaret appointed
    secretary
  31. 2003-09-12
    PF & S (SECRETARIES) LIMITED resigned
    corporate-secretary
  32. 2003-09-12
    MUSTARD SNR, William appointed
    director
  33. 2003-09-12
    PF & S (DIRECTORS) LIMITED resigned
    corporate-director
  34. 2003-09-10
    🏢
    Company incorporated
    As W. M. MUSTARD & SON LIMITED
  35. 2003-09-10
    PF & S (SECRETARIES) LIMITED appointed
    corporate-secretary
  36. 2003-09-10
    PF & S (DIRECTORS) LIMITED appointed
    corporate-director

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder name in company name: Company name contains director surname "MUSTARD" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

50/100
Moderate signal

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

SIGNALS
  • primary20+ year tenure: Director in role 23 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 William Mustard
Individual · British · DOB 08/1969 · age 57
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Eileen Mostyn Mustard
Individual · British · DOB 05/1971 · age 55
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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

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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
Incorporated2003-09-10
Jurisdictionscotland
Primary SIC43210 — Electrical installation

Registered office

Munros House Broomfield Industrial Estate
Broomfield Road
Montrose
Angus
DD10 8SY
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-03
Last: 2025-09-19

Officers (4 active · 4 resigned)

MUSTARD, Eileen Mostyn
director · ~55y · appointed 2023-10-01
View their other companies + combined net worth →
Active
MUSTARD, Jack William
director · ~26y · appointed 2016-10-03
View their other companies + combined net worth →
Active
MUSTARD, Kerr James
director · ~23y · appointed 2020-12-01
View their other companies + combined net worth →
Active
MUSTARD, William
director · ~57y · appointed 2003-09-12
View their other companies + combined net worth →
Active
MUSTARD, Margaret
secretary · appointed 2003-09-12 · resigned 2011-01-01
Resigned
PF & S (SECRETARIES) LIMITED
corporate-secretary · appointed 2003-09-10 · resigned 2003-09-12
Resigned
MUSTARD SNR, William
director · ~89y · appointed 2003-09-12 · resigned 2004-07-27
Resigned
PF & S (DIRECTORS) LIMITED
corporate-director · appointed 2003-09-10 · resigned 2003-09-12
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank PLC
A registered charge24/07/201426/06/2025
satisfied
Virgin Money
Clydesdale Bank PLC
Standard security1 property19/08/201026/06/2025

Recent filings (86 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-22
change-person-director-company-with-change-date
officers · CH01
2025-09-19
change-person-director-company-with-change-date
officers · CH01
2025-09-19
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-26
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-19
appoint-person-director-company-with-name-date
officers · AP01
2024-06-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-09-19
change-person-director-company-with-change-date
officers · CH01
2023-09-19
change-person-director-company-with-change-date
officers · CH01
2023-09-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-23