THE WATERFRONT COMPANY (OBAN) LIMITED

📈Growthactive
SC295986 · ltd · incorporated 2006-01-24
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 20.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
£136.0k
year to Mar 2025
Net worth
—
book net assets
Opportunity
82/100
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: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pursue
Leverage-led grower with a 63-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (85/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 20.1y

60/100
clean up first

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

  • · Oldest live charge is 20.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
58 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Profitable
Profit before tax £109,911
Strong revenue growth
Turnover up 353% YoY
Turnover YoY
+353%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Turnover£136.0k£30.0k
Gross profit£136.0k£30.0k
Profit before tax£109.9k£2.4k
Average employees100100

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 (25 events)Click to expand
  1. 2025-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-08-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  7. 2021-08-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2021-03-31
    ➖
    SLOAN, Paul Gerrard resigned
    director
  9. 2021-03-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2021-03-31
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2021-03-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2020-05-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-07-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-11-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2017-10-28
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  17. 2017-08-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2016-09-30
    ➖
    SCOTT, Roderick James resigned
    director
  19. 2016-09-30
    ➕
    SLOAN, Paul Gerrard appointed
    director
  20. 2006-05-08
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  21. 2006-03-27
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  22. 2006-01-24
    🏢
    Company incorporated
    As THE WATERFRONT COMPANY (OBAN) LIMITED
  23. 2006-01-24
    ➕
    SCOTT, Susan Linda appointed
    secretary
  24. 2006-01-24
    ➕
    MACLACHLAINN, Calum Eoghann appointed
    director
  25. 2006-01-24
    ➕
    SCOTT, Roderick James appointed
    director

Owner dependency

93/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

95/100
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.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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.)

Group structure

Tob Property Management & Investments Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Tob Property Management & Investments Ltd
Corporate parent · holds 75-100% shares
ultimate parent
⬇
THE WATERFRONT COMPANY (OBAN) LIMITED
This company · SC295986

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%
NameSharesVoting rightsNature of controlNotified
Tob Property Management & Investments Ltd
Corporate entity
75–100%
—75-100% shares09/08/2021
2 historic (ceased) PSCs
  • Mr Calum Eoghann Maclachlainnceased 09/08/2021· 75-100% shares
  • Mr Paul Gerrard Sloanceased 31/03/2021· 25-50% shares

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 · Hospitality · PA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BEN NEVIS BAR TRADING COMPANY LIMITED→
SC612137 · est 2018
£2.03M
£1.52M–£2.53M
£2.57M—15007y9163y
NO.17 THE PROMENADE LIMITED→
SC703027 · est 2021
£1.26M
£948.5k–£1.58M
£1.33M—7004y9959y
SLOAN WELLS HOLDINGS LIMITED→
SC640473 · est 2019
£951.0k
£713.2k–£1.19M
£61.1k—1006y9159y
NO.26 THE SEA LIMITED→
SC640525 · est 2019
£583.6k
£437.7k–£729.5k
£558.9k—7006y9359y
CHMD LIMITED→
SC558038 · est 2017
£508.6k
£381.5k–£635.8k
£2.08M—18009y8844y
MULL HOTELS LIMITED→
SC706236 · est 2021
£500.4k
£375.3k–£625.5k
£723.8k—7004y9963y
THE PIER ROOMS LIMITED→
SC754480 · est 2023
£167.5k
£125.7k–£209.4k
£129.4k—1003y9440y
BEN NEVIS BAR LIMITED→
SC609860 · est 2018
£123.0k
£92.3k–£153.8k
£97.9k—4007y8763y
CLAREDON HOTEL LIMITED→
SC612301 · est 2018
£82.8k
£62.1k–£103.5k
£464.6k—5007y9163y
ACC (WATERFRONT) LIMITED→
SC686217 · est 2021
£33.4k
£25.1k–£41.8k
£118.0k—3005y9073y
WEST SERVICED ACCOMMODATION LIMITED→
SC781549 · est 2023
£16.3k
£12.2k–£20.3k
£52.2k—3002y9448y
WEG CAFE LIMITED→
SC749991 · est 2022 · no financials extracted
————3y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2006-01-24
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants

Registered office

No.1 The Pier
Oban
Argyll
PA34 4LW

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-24
Last: 2026-01-10

Officers (2 active · 2 resigned)

SCOTT, Susan Linda→
secretary · appointed 2006-01-24
View their other companies + combined net worth →
Active
MACLACHLAINN, Calum Eoghann→
director · ~63y · appointed 2006-01-24
View their other companies + combined net worth →
Active
SCOTT, Roderick James→
director · ~66y · appointed 2006-01-24 · resigned 2016-09-30
Resigned
SLOAN, Paul Gerrard→
director · ~59y · appointed 2016-09-30 · resigned 2021-03-31
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge—28/10/2017—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property08/05/2006—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property27/03/2006—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (58 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-08-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-08-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-03-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-03-31
termination-director-company-with-name-termination-date
officers · TM01
2021-03-31