SCOTTISH WATER BUSINESS STREAM LIMITED

🌳Matureactive

SC294924 · ltd · incorporated 2005-12-29

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.

Why now

Window steady · low confidence

Steady and tidy — no seller pressure yet. Approach only if an angle opens.

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 5.3y old — refinance window within 12 months

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 36000

Sector: Water supply & waste

ALSO REGISTERED FOR

46719SIC 46719
82990Other business support service activities n.e.c.

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 80/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 5.3y

65/100

clean up first

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

· Oldest live charge is 5.3 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 28/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (60/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 3 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

28 officers (8 active, 28 linked, 23 with DOB)

Ownership & PSC

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

Director network

12 connected companies via shared directors

Filing history

120 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

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.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (72 events)Click to expand

2026-01-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-01-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-10-01
➕
MONAGHAN, Brian Francis appointed
director
2025-10-01
➖
HYND, Michelle resigned
director
2025-09-29
📄
accounts-with-accounts-type-full
accounts · AA
2025-06-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-06-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-05-30
➕
ALLUM, Helen Catherine appointed
director
2025-05-30
➖
WALLACE, Stuart James resigned
director
2025-01-07
📄
accounts-with-accounts-type-full
accounts · AA
2024-05-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-05-01
➕
TAYLOR, Andrew George appointed
director
2024-04-17
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-17
🔓
Charge satisfied #1
2024-04-04
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-28
🔒
Charge registered #2
Lender: Scottish Water Business Stream Holdings Limited
2024-01-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-16
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-01-16
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-01-13
➖
BLACK, Forsyth Rutherford resigned
director
2024-01-03
📄
accounts-with-accounts-type-full
accounts · AA
2024-01-01
➕
MICHIE, Deirdre Elizabeth appointed
director
2024-01-01
➖
RICE, Susan Ilene, Lady resigned
director
2023-10-02
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-05-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-05-01
➕
GILDER, Lynne appointed
director
2023-05-01
➖
MCDOWALL, Colin James Mccutcheon resigned
director
2022-12-23
📄
accounts-with-accounts-type-full
accounts · AA
2022-03-25
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2022-03-25
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2022-03-24
➕
MCLEAN, Niall appointed
secretary
2022-03-24
➖
COTTON, Roger Hamish resigned
secretary
2021-12-17
📄
accounts-with-accounts-type-full
accounts · AA
2021-03-16
🔒
Charge registered #1
Lender: Scottish Water Business Stream Holdings Limited
2021-01-14
➕
BLACK, Forsyth Rutherford appointed
director
2020-03-31
➖
SPOWART, James resigned
director
2019-10-01
➕
HYND, Michelle appointed
director
2019-08-30
➕
MCLAREN, Alexander Douglas appointed
director
2019-07-31
➖
SMITH, Edward John Gerard resigned
director
2018-04-01
➕
WALLACE, Stuart James appointed
director
2017-12-31
➖
MCMILLAN, Amanda Eliza resigned
director
2017-04-01
➕
SPOWART, James appointed
director
2017-01-01
➕
SMITH, Edward John Gerard appointed
director
2016-12-31
➖
MACDIARMID, Donald William resigned
director
2016-04-08
➕
COTTON, Roger Hamish appointed
secretary
2016-01-27
➖
SMITH, Charles resigned
secretary
2015-09-01
➕
MCDOWALL, Colin James Mccutcheon appointed
director
2015-06-01
➖
MERCER, Ronnie Edward resigned
director
2015-06-01
➕
RICE, Susan Ilene, Lady appointed
director

Showing most recent 50 of 72 events

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-7 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

53/100

Moderate signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
secondary12+ year tenure: Director in role 19 years.
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

Scottish Water Business Stream Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Scottish Water Business Stream Holdings Limited

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

ultimate parent

⬇

SCOTTISH WATER BUSINESS STREAM LIMITED

This company · SC294924

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
Scottish Water Business Stream Holdings Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	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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GREENSPAN ELECTRIC ST. FERGUS LIMITED→ SC366660 · est 2009	—	—	£228.8k	—	16y	82	59y
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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.

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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

Incorporated2005-12-29

Jurisdictionscotland

Primary SIC36000 — SIC 36000

Registered office

1-3 Lochside Crescent

Edinburgh

EH12 9SE

United Kingdom

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-01-12

Last: 2025-12-29