SPLASH WHITE WATER RAFTING LIMITED
💤Zombieactive
SC268606 · ltd · incorporated 2004-06-01
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2023
Net worth
—
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Other sports activities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 70/100 (strong), bankability 55/100. Strong seller-intent signal (65/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).
Data confidence
Overall: medium (78/100)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
6 officers (1 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2023-05-31 | 2022-05-31 |
|---|---|---|
| Average employees | 100 | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 gazette
Last 90 days
2
filings
- • 1 gazette
- • 1 address
Last 180 days
2
filings
- • 1 gazette
- • 1 address
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2026-04-28📄gazette-notice-compulsorygazette · GAZ1
- 2026-02-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-06-11📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-05-16📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2025-04-29📄gazette-notice-compulsorygazette · GAZ1
- 2024-02-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-05-08📄gazette-filings-brought-up-to-dategazette · DISS40
- 2019-05-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-04-30📄gazette-notice-compulsorygazette · GAZ1
- 2018-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-08-10📄resolutionresolution · RESOLUTIONS
- 2009-06-01➕SYME, Peter William appointeddirector
- 2009-05-31➖GRETTON, Elizabeth Anne resignedsecretary
- 2009-04-30➖WHEELER, Jonathan St. Anthony resigneddirector
- 2004-09-17➕GRETTON, Elizabeth Anne appointedsecretary
- 2004-09-17➖HUMPHREY, Richard Greville resignedsecretary
- 2004-09-17➖HUMPHREY, Richard Greville resigneddirector
- 2004-06-01🏢Company incorporatedAs SPLASH WHITE WATER RAFTING LIMITED
- 2004-06-01➕HUMPHREY, Richard Greville appointedsecretary
- 2004-06-01➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2004-06-01➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2004-06-01➕HUMPHREY, Richard Greville appointeddirector
- 2004-06-01➕WHEELER, Jonathan St. Anthony appointeddirector
Owner dependency
93/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
73/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2025-02-28
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Peter William Syme Individual · British · DOB 08/1965 · age 61 | 75–100% | — | 75-100% shares | 01/06/2016 |
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 · Leisure & entertainment · PH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GRANTOWN MUSEUM AND HERITAGE TRUST→ SC138200 · est 1992 · no financials extracted | — | — | — | — | 33y | 82 | 82y |
| LOYAL LEISURE LTD.→ SC296336 · est 2006 | — | — | — | 3700 | 20y | 82 | 80y |
| PITLOCHRY GOLF LIMITED→ SC368534 · est 2009 | — | — | £689.8k | — | 16y | 82 | 61y |
| THE ARDNAMURCHAN TRUST→ SC202981 · est 2000 | — | — | — | 2 | 26y | 82 | 66y |
| BLAIRGOWRIE COMMUNITY PROJECT→ SC190554 · est 1998 | — | — | £0 | — | 27y | 81 | 81y |
| CAIRNGORM MOUNTAIN TRUST LTD.→ SC032229 · est 1957 | — | — | £4.2k | — | 68y | 81 | 79y |
| CLAN DONNACHAIDH SOCIETY→ SC267317 · est 2004 | — | — | — | 100 | 21y | 81 | 88y |
| CRIEFF HIGHLAND GATHERING LIMITED→ SC018654 · est 1935 | — | — | £113.9k | — | 90y | 81 | 74y |
| FEIS GLEANN ALBAINN→ SC325521 · est 2007 · no financials extracted | — | — | — | — | 18y | 81 | 81y |
| FINGASK FOLLIES→ SC366264 · est 2009 · no financials extracted | — | — | — | — | 16y | 81 | 87y |
| THE LUXURY FITNESS GROUP LTD→ SC465504 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| THE REFORMER STUDIO PERTH LTD→ SC848048 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2004-06-01
Jurisdictionscotland
Primary SIC93199 — Other sports activities
Registered office
3 The Glebe
Dunning
Perth
PH2 0RF
Scotland
Filing status
Accounts
Next due: 2025-02-28OVERDUE
Last made up to: 2023-05-31
Confirmation statement
Next due: 2026-06-22
Last: 2025-06-08
Officers (1 active · 5 resigned)
SYME, Peter William→
Activedirector · ~61y · appointed 2009-06-01
View their other companies + combined net worth →
GRETTON, Elizabeth Anne→
Resignedsecretary · appointed 2004-09-17 · resigned 2009-05-31
HUMPHREY, Richard Greville→
Resignedsecretary · appointed 2004-06-01 · resigned 2004-09-17
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2004-06-01 · resigned 2004-06-01
HUMPHREY, Richard Greville→
Resigneddirector · ~68y · appointed 2004-06-01 · resigned 2004-09-17
WHEELER, Jonathan St. Anthony→
Resigneddirector · ~60y · appointed 2004-06-01 · resigned 2009-04-30
Click a director name to see their full track record across all companies.
Recent filings (61 total)
gazette-notice-compulsory
gazette · GAZ1
2026-04-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-09
gazette-filings-brought-up-to-date
gazette · DISS40
2025-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-10
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-05-16
gazette-notice-compulsory
gazette · GAZ1
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-21
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-08