WATERWHEEL INN LIMITED
⚰️Wound downdissolved
SC310901 · ltd · incorporated 2006-10-24
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 19.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
65/100
Strong
What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 65/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · oldest 19.3y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 19.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: low (50/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
13 officers (4 active, 13 linked, 6 with DOB)
79
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
8 connected companies via shared directors
69
Filing history
68 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (51 events)Click to expand
- 2015-05-29📄gazette-dissolved-compulsorygazette · GAZ2
- 2015-05-29🏁Company dissolved
- 2015-02-06📄gazette-notice-voluntarygazette · GAZ1(A)
- 2014-03-29📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2014-02-14📄gazette-notice-compulsorygazette · GAZ1
- 2013-08-05📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2013-07-03📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2013-06-07📄gazette-notice-compulsorygazette · GAZ1
- 2013-01-29📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2013-01-28📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2013-01-25➕BURNESS PAULL LLP appointedcorporate-secretary
- 2013-01-25➖PAULL & WILLIAMSONS LLP resignedcorporate-secretary
- 2013-01-09📄gazette-filings-brought-up-to-dategazette · DISS40
- 2013-01-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-10-16📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2012-08-31📄gazette-notice-compulsorygazette · GAZ1
- 2011-11-16📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-11-16📄change-person-director-company-with-change-dateofficers · CH01
- 2011-11-16📄change-person-director-company-with-change-dateofficers · CH01
- 2011-11-16📄change-person-director-company-with-change-dateofficers · CH01
- 2011-05-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-05-11📄change-person-director-company-with-change-dateofficers · CH01
- 2011-04-09📄gazette-filings-brought-up-to-dategazette · DISS40
- 2011-04-07📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-04-06➖MACGREGOR THOMSON LIMITED resignedcorporate-secretary
- 2011-04-06➕PAULL & WILLIAMSONS LLP appointedcorporate-secretary
- 2011-04-06📄appoint-corporate-secretary-company-with-nameofficers · AP04
- 2011-04-06📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2011-04-06📄termination-secretary-company-with-nameofficers · TM02
- 2011-02-25📄gazette-notice-compulsorygazette · GAZ1
- 2010-04-21➖EMLICK, Mark Anthony, Me resigneddirector
- 2009-10-24➖KERR STIRLING LLP resignedcorporate-secretary
- 2009-10-24➕MACGREGOR THOMSON LIMITED appointedcorporate-secretary
- 2009-04-23➖IRVINE, Yuill Seymour resigneddirector
- 2009-04-22➕EMLICK, Mark Anthony, Me appointeddirector
- 2007-05-21➖EMLICK, Mark Anthony resigneddirector
- 2007-05-21➕IRVINE, Yuill Seymour appointeddirector
- 2007-02-09🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 2007-02-02🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 2007-02-01➕COWE, William Duthie appointeddirector
- 2007-02-01➕HUNTER, Alexander appointeddirector
- 2007-02-01➕EMLICK, Mark Anthony appointeddirector
- 2006-10-24🏢Company incorporatedAs WATERWHEEL INN LIMITED
- 2006-10-24➕WILSON, Michael Duthie appointeddirector
- 2006-10-24➕COSEC LIMITED appointedcorporate-secretary
- 2006-10-24➖COSEC LIMITED resignedcorporate-secretary
- 2006-10-24➕KERR STIRLING LLP appointedcorporate-secretary
- 2006-10-24➕CODIR LIMITED appointedcorporate-director
- 2006-10-24➖CODIR LIMITED resignedcorporate-director
- 2006-10-24➕COSEC LIMITED appointedcorporate-director
Showing most recent 50 of 51 events
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 20 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 72 — succession pressure is live.
Succession & seller-readiness
83/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
- 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
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2015-05-29
🔒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 · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| SODEXO REMOTE SITES HOLDINGS LIMITED→ SC191991 · est 1998 | £2.58M £1.94M–£3.23M | — | — | 0 | 27y | 83 | 58y |
| BRUDOLFF HOTELS LIMITED→ SC094745 · est 1985 | £28.9k £21.6k–£36.1k | — | — | 91 | 40y | 94 | 71y |
| BALMEDIE FISH & CHIP SHOP LIMITED→ SC239883 · est 2002 | — | — | £66.7k | — | 23y | 83 | 61y |
| H.C.C.P. LTD.→ SC298267 · est 2006 | — | — | £161.2k | — | 20y | 83 | 70y |
| JEMAL LIMITED→ SC331562 · est 2007 | — | — | — | 500 | 18y | 83 | 62y |
| MOUNTLOCH LIMITED→ SC210749 · est 2000 | — | — | £306.2k | — | 25y | 83 | 72y |
| ABERDEEN COMPOSITE COMPANY (1248) LIMITED→ SC246599 · est 2003 | — | — | £7.6k | — | 23y | 82 | 74y |
| BLU INNS LIMITED→ SC210592 · est 2000 | — | — | £3.0k | — | 25y | 82 | 73y |
| BRIAN MURRAY CATERING SERVICES LIMITED→ SC190064 · est 1998 | — | — | £275.2k | — | 27y | 82 | 67y |
| BRIARTEN LIMITED→ SC290126 · est 2005 · no financials extracted | — | — | — | — | 20y | 82 | 70y |
| BUCHAN BRAES HOTEL LIMITED→ SC329896 · est 2007 | — | — | £1.22M | — | 18y | 82 | 62y |
| BYTH ESTATES LIMITED→ SC263994 · est 2004 | — | — | £10.0k | — | 22y | 82 | 71y |
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
Statusdissolved
Typeltd
Incorporated2006-10-24
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation
Registered office
Union Plaza (6th Floor)
1 Union Wynd
Aberdeen
AB10 1DQ
Scotland
Filing status
Accounts
Next due: —
Last made up to: 2010-08-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 9 resigned)
BURNESS PAULL LLP→
Activecorporate-secretary · appointed 2013-01-25
View their other companies + combined net worth →
COWE, William Duthie→
Activedirector · ~59y · appointed 2007-02-01
View their other companies + combined net worth →
HUNTER, Alexander→
Activedirector · ~72y · appointed 2007-02-01
View their other companies + combined net worth →
WILSON, Michael Duthie→
Activedirector · ~61y · appointed 2006-10-24
View their other companies + combined net worth →
COSEC LIMITED→
Resignedcorporate-secretary · appointed 2006-10-24 · resigned 2006-10-24
KERR STIRLING LLP→
Resignedcorporate-secretary · appointed 2006-10-24 · resigned 2009-10-24
MACGREGOR THOMSON LIMITED→
Resignedcorporate-secretary · appointed 2009-10-24 · resigned 2011-04-06
PAULL & WILLIAMSONS LLP→
Resignedcorporate-secretary · appointed 2011-04-06 · resigned 2013-01-25
EMLICK, Mark Anthony, Me→
Resigneddirector · ~64y · appointed 2009-04-22 · resigned 2010-04-21
EMLICK, Mark Anthony→
Resigneddirector · ~64y · appointed 2007-02-01 · resigned 2007-05-21
IRVINE, Yuill Seymour→
Resigneddirector · ~60y · appointed 2007-05-21 · resigned 2009-04-23
CODIR LIMITED→
Resignedcorporate-director · appointed 2006-10-24 · resigned 2006-10-24
COSEC LIMITED→
Resignedcorporate-director · appointed 2006-10-24 · resigned 2006-10-24
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 09/02/2007 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 02/02/2007 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (68 total)
gazette-dissolved-compulsory
gazette · GAZ2
2015-05-29
gazette-notice-voluntary
gazette · GAZ1(A)
2015-02-06
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2014-03-29
gazette-notice-compulsory
gazette · GAZ1
2014-02-14
change-corporate-secretary-company-with-change-date
officers · CH04
2013-08-05
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2013-07-03
gazette-notice-compulsory
gazette · GAZ1
2013-06-07
appoint-corporate-secretary-company-with-name-date
officers · AP04
2013-01-29
termination-secretary-company-with-name-termination-date
officers · TM02
2013-01-28
gazette-filings-brought-up-to-date
gazette · DISS40
2013-01-09
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-01-08
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2012-10-16
gazette-notice-compulsory
gazette · GAZ1
2012-08-31
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-11-16
change-person-director-company-with-change-date
officers · CH01
2011-11-16