WELLSHORE LIMITED
Opportunity 77/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
4 live charges · 3 lenders · oldest 19.7y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 19.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Average employees | 1 | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals 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
- • 1 accounts
- • 1 accounts
Corporate timeline (28 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-08-12📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-04-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-16📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2023-03-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-02-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-03-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-05-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-05-18🔒Charge registered #4Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
- 2018-02-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-04-12📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-07-13📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2016-03-11🔓Charge satisfied #3
- 2015-05-31➖MCLEAN, Maree Elizabeth Louise resignedsecretary
- 2010-07-21🔒Charge registered #3Lender: Clydesdale Bank PLC
- 2007-03-28🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 2006-09-18🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 2006-07-21➕MCLEAN, Harvey Coleman appointeddirector
- 2006-07-21➕MCLEAN, Maree Elizabeth Louise appointedsecretary
- 2006-07-21➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2006-07-21➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
- 2006-07-11🏢Company incorporatedAs WELLSHORE LIMITED
- 2006-07-11➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2006-07-11➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 20 years.
- 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
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Harvey Coleman Mclean Individual · British · DOB 07/1969 · age 57 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| FREEPORT SCOTLAND LIMITED→ SC087372 · est 1984 | £2.26M £1.92M–£2.60M | — | £2.26M | — | 42y | 83 | 65y |
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| DOONBANK INVESTMENTS LIMITED→ SC089875 · est 1984 | £1.61M £1.37M–£1.85M | — | £1.61M | — | 41y | 83 | 69y |
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| BARRA SHELL LIMITED→ SC293764 · est 2005 | — | — | — | 200 | 20y | 83 | 60y |
| BLUEHOUSE SCOTLAND LTD.→ SC214253 · est 2000 | — | — | — | 0 | 25y | 83 | 67y |
| CORUM (AYR) LIMITED→ SC287161 · est 2005 | — | — | — | 1600 | 20y | 83 | 70y |
| DMVE TRUSTEE LIMITED→ SC043088 · est 1966 | — | — | — | 0 | 60y | 83 | 60y |
| INVERGOWER ESTATES LIMITED→ SC211407 · est 2000 · no financials extracted | — | — | — | — | 25y | 83 | 66y |
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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 →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
Registered office
Filing status
Officers (1 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111) | A registered charge | — | 18/05/2018 | — | |
| satisfied | Virgin Money Clydesdale Bank PLC | Charge | 1 property | 21/07/2010 | 11/03/2016 | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 28/03/2007 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 18/09/2006 | — |