HEALTHAWARE LIMITED

🌳Matureactive

SC274306 · ltd · incorporated 2004-10-06

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 Oct 2024

Net worth

—

book net assets

Opportunity

81/100

Exceptional

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What this business does

Primary activity: Other human health activities

Sector: Human health & social work

Investor take

Pursue

Strong opportunity: active trading company 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: strategic trade sale (73/100).

Data confidence

Overall: medium (79/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (4 active, 5 linked, 4 with DOB)

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

56 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

81/100Exceptional

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

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 · accounting standard unknown

Metric	2024-10-31	2023-10-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2025-07-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-07-05
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-07-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-07-17
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-07-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-07-02
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-06-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-08-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-07-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2015-11-24
📄
accounts-with-accounts-type-dormant
accounts · AA
2015-11-01
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-07-29
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-10-30
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-07-09
📄
accounts-with-accounts-type-dormant
accounts · AA
2013-10-30
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-08-04
➕
EWINS, Jane Marie Gould appointed
director
2009-03-30
➖
GAVINE, Fiona Stewart resigned
director
2008-02-01
➕
GAVINE, Fiona Stewart appointed
director
2004-10-06
🏢
Company incorporated
As HEALTHAWARE LIMITED
2004-10-06
➕
HALL, Jennifer Maeve, Dr appointed
secretary
2004-10-06
➕
HALL, Geoffrey Frank, Dr appointed
director
2004-10-06
➕
HALL, Jennifer Maeve, Dr appointed
director

Owner dependency

76/100

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 63 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 63. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 22 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

Innova Partnerships holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️

Innova Partnerships

Corporate parent · holds 25-50% shares

significant stake

⬇

HEALTHAWARE LIMITED

This company · SC274306

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Innova Partnerships Corporate entity	25–50%	—	25-50% shares	06/04/2016

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 →

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ABBEYSIDE NURSING HOME LIMITED→ SC098774 · est 1986	£9.17M £6.60M–£11.74M	£7.32M	—	16000	39y	81	84y
LLOYD GRIFFITHS LIMITED→ SC324462 · est 2007	£976.5k £703.1k–£1.25M	—	—	0	18y	82	55y
KELTIC CARE LIMITED→ SC170648 · est 1996	—	—	£635.6k	—	29y	83	60y
CAROLTON CARE LTD.→ SC269889 · est 2004	—	—	—	63	21y	82	81y
CHRISTIAN COMMUNITY ACTION SUPPORT TEAM HIGHLAND→ SC361990 · est 2009	—	—	£73.6k	—	16y	81	75y
CROWNMONT LIMITED→ SC282787 · est 2005	—	—	—	2000	21y	81	69y
HOSPICE IN MORAY LIMITED→ SC220153 · est 2001	—	—	£309.8k	—	24y	81	78y
KYLEAKIN CONNECTIONS LIMITED→ SC118101 · est 1989 · no financials extracted	—	—	—	—	36y	81	81y
MORAY HYDROTHERAPY POOL→ SC316298 · est 2007	—	—	£147.4k	—	19y	81	85y
NAIRN HYDROTHERAPY TRUST→ SC366047 · est 2009 · no financials extracted	—	—	—	—	16y	81	89y
PUFFIN HYDROTHERAPY POOL→ SC133596 · est 1991 · no financials extracted	—	—	—	—	34y	81	83y
SEAFORTH HOUSE LIMITED→ SC140707 · est 1992	—	—	—	37	33y	81	83y

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.

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Company details

Statusactive

Typeltd

Incorporated2004-10-06

Jurisdictionscotland

Primary SIC86900 — Other human health activities

Registered office

Carsewood

Fortrose

Ross-Shire

IV10 8SH

Filing status

Accounts

Next due: 2026-07-31

Last made up to: 2024-10-31

Confirmation statement

Next due: 2026-10-20

Last: 2025-10-06

Officers (4 active · 1 resigned)

HALL, Jennifer Maeve, Dr→

secretary · appointed 2004-10-06

View their other companies + combined net worth →

Active

EWINS, Jane Marie Gould→

director · ~53y · appointed 2010-08-04

View their other companies + combined net worth →

Active

HALL, Geoffrey Frank, Dr→

director · ~62y · appointed 2004-10-06

View their other companies + combined net worth →

Active

HALL, Jennifer Maeve, Dr→

director · ~63y · appointed 2004-10-06

View their other companies + combined net worth →

Active

GAVINE, Fiona Stewart→

director · ~66y · appointed 2008-02-01 · resigned 2009-03-30

Resigned

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