WESTPROP LIMITED

🌳Matureactive
SC294953 · ltd · incorporated 2006-01-04
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
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£0Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Average employees200200

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-10-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-12-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2022-10-29
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  6. 2022-10-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2022-10-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2022-10-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-09-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2022-01-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2021-09-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-02-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2021-02-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2021-02-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2020-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-10-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-09-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2006-01-04
    🏢
    Company incorporated
    As WESTPROP LIMITED
  19. 2006-01-04
    ➕
    MATHESON, Scott appointed
    secretary
  20. 2006-01-04
    ➕
    MATHESON, Neil Macrae appointed
    director
  21. 2006-01-04
    ➕
    MATHESON, Scott appointed
    director

Owner dependency

91/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
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 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 20 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Neil Matheson
Individual · British · DOB 10/1959 · age 67
75–100%
75–100%75-100% shares · 75-100% voting01/07/2016

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 · Construction · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
PEGASUS FIRE PROTECTION COMPANY LIMITED→
SC178102 · est 1997
£12.82M
£9.16M–£16.48M
£12.52M—630028y8875y
MAXI CONSTRUCTION LIMITED→
SC048718 · est 1971
£9.09M
£6.50M–£11.69M
——4055y8882y
THE EDINBURGH SCHOOLS PARTNERSHIP LIMITED→
SC206930 · est 2000
£8.27M
£5.91M–£10.63M
——026y8465y
JOHN G. MACKINTOSH LIMITED→
SC281061 · est 2005
£6.96M
£4.97M–£8.95M
——24121y8866y
SERS ENERGY SOLUTIONS (SCOTLAND) LIMITED→
SC392085 · est 2011
£6.04M
£4.31M–£7.76M
——1915y8569y
LOCHAY HOMES LIMITED→
SC369988 · est 2009
£5.04M
£3.60M–£6.49M
——1416y8371y
COLORADO CONSTRUCTION & ENGINEERING LIMITED→
SC311182 · est 2006
£3.04M
£2.17M–£3.90M
£21.12M—380019y8764y
GORDON BOW PLANT HIRE LTD→
SC135116 · est 1991
£1.57M
£1.12M–£2.02M
£9.21M—620034y8668y
GEORGE SHARKEY & SONS LIMITED→
SC164725 · est 1996
£779.7k
£556.9k–£1.00M
——6830y8466y
OMEGA LIFT SERVICES LIMITED→
SC243098 · est 2003
£720.0k
£514.3k–£925.7k
——160023y8355y
DATS - DESIGN AND TRAINING SOLUTIONS LTD→
SC441708 · est 2013
£1.5k
£1.1k–£1.9k
£81.2k—10013y10059y
3 ED SISTERCO LIMITED→
SC328041 · est 2007 · no financials extracted
————18y8365y
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
Incorporated2006-01-04
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

5 South Charlotte Street
Edinburgh
EH2 4AN
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-18
Last: 2026-01-04

Officers (3 active · 0 resigned)

MATHESON, Scott→
secretary · appointed 2006-01-04
View their other companies + combined net worth →
Active
MATHESON, Neil Macrae→
director · ~67y · appointed 2006-01-04
View their other companies + combined net worth →
Active
MATHESON, Scott→
director · ~40y · appointed 2006-01-04
View their other companies + combined net worth →
Active

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

Recent filings (49 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-09
change-person-secretary-company-with-change-date
officers · CH03
2022-10-29
change-person-director-company-with-change-date
officers · CH01
2022-10-29
change-person-director-company-with-change-date
officers · CH01
2022-10-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-24
change-person-director-company-with-change-date
officers · CH01
2022-01-17