NWH GROUP LIMITED

📈Growthactive

SC335165 · ltd · incorporated 2007-12-12

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2024

Net worth

—

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: SIC 39000

Sector: Water supply & waste

Investor take

Pursue

Strong opportunity: leverage-led grower with strong profile and acceptable with review structure.

Opportunity 79/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (57/100).

🏦

Refinance opportunity

10 live charges · 7 lenders · oldest 17.5y

25/100

too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

· Oldest live charge is 17.5 years old — likely at or near maturity.
· 7 lenders named — inter-creditor friction likely.
· Legal-friction score 55/100 (high).

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

Lenders & charges

10 charges (10/10 with lender, 10/10 with type)

Directors & officers

16 officers (8 active, 16 linked, 13 with DOB)

Ownership & PSC

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

Director network

11 connected companies via shared directors

Filing history

97 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

79/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Profitable

Profit before tax £2,468,832

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-09-30	2023-09-30
Profit before tax	£2.47M	£1.78M
Average employees	35600	35800

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

4 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

Last 30 days

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 mortgage
• 1 officers

Counts from Companies House filing history.

Corporate timeline (59 events)Click to expand

2026-01-15
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-30
🔒
Charge registered #10
Lender: Hsbc Equipment Finance (UK) Limited
2025-11-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-10-31
➖
BLACK, Nairn Gordon resigned
director
2025-04-01
📄
accounts-with-accounts-type-full
accounts · AA
2024-04-09
📄
accounts-with-accounts-type-full
accounts · AA
2024-01-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-01-24
➕
MONEY, Gavin appointed
director
2024-01-24
➕
WILLIAMS, Nicola Inglis appointed
director
2023-10-31
➖
WILLIAMS, Mark Paul resigned
director
2023-05-02
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-05-02
🔓
Charge satisfied #9
2023-04-28
📄
accounts-with-accounts-type-full
accounts · AA
2022-06-29
📄
accounts-with-accounts-type-full
accounts · AA
2022-05-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-13
➕
HILL, Gordon Arthur appointed
director
2022-05-13
➕
RAY, Richard Foster Devenish appointed
director
2022-05-13
➕
ROBERTSON, Colin Dugaid appointed
director
2022-05-13
➕
BLACK, Nairn Gordon appointed
director
2022-05-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-05-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-12-20
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2021-11-30
📄
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2021-11-30
📄
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2021-10-20
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-10-07
🔒
Charge registered #9
Lender: The Royal Bank of Scotland PLC
2021-10-01
📄
resolution
resolution · RESOLUTIONS
2021-09-30
📄
resolution
resolution · RESOLUTIONS
2021-05-04
🔓
Charge satisfied #5
2018-06-10
➖
MACMILLAN, William resigned
director
2016-07-12
🔓
Charge satisfied #8
2016-03-14
➕
MACMILLAN, William appointed
director
2015-12-30
➖
HIGGINS, Lynne resigned
director
2015-04-01
➕
HIGGINS, Lynne appointed
director
2014-08-15
🔒
Charge registered #8
Lender: Trustees of the Crm Waste Recycling Limited Directors Pension Scheme
2014-08-14
🔒
Charge registered #7
Lender: The Royal Bank of Scotland PLC
2014-05-06
🔒
Charge registered #6
Lender: The Royal Bank of Scotland PLC
2013-12-12
🔒
Charge registered #5
Lender: Howie Minerals Limited
2013-05-02
🔓
Charge satisfied #4
2010-03-24
🔒
Charge registered #4
Lender: Lombard North Central PLC
2009-04-10
➖
CLARKE, Jeremy Edwin resigned
director
2008-12-10
🔒
Charge registered #3
Lender: Royal Bank of Scotland PLC
2008-11-28
➖
MCCOY, Catherine Angela resigned
director
2008-11-25
🔒
Charge registered #2
Lender: Rbs Invoice Finance Limited
2008-11-06
🔒
Charge registered #1
Lender: Royal Bank of Scotland PLC
2007-12-12
🏢
Company incorporated
As NWH GROUP LIMITED
2007-12-12
➕
WILLIAMS, Richard Anthony appointed
secretary

Showing most recent 50 of 59 events

Owner dependency

66/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-7 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 61 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 61. Early succession window.
secondary12+ year tenure: Director in role 18 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 low

6 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Nwh Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Nwh Holdings Limited

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

ultimate parent

⬇

NWH GROUP LIMITED

This company · SC335165

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
Nwh Holdings Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	12/12/2016

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 · Energy & utilities · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
DALTON GROUP LIMITED→ SC088385 · est 1984	£6.78M £4.88M–£8.68M	—	—	6500	41y	82	39y
AW JENKINSON (WOODWASTE) LIMITED→ SC166685 · est 1996	£2.98M £2.14M–£3.81M	£11.23M	—	3600	29y	85	64y
BENMORE ESTATE LIMITED→ SC192048 · est 1998	—	—	£18.74M	—	27y	83	66y
BINN RENEWABLE ENERGY LIMITED→ SC375446 · est 2010 · no financials extracted	—	—	—	—	16y	83	81y
CALEDONIAN ALLOYS LIMITED→ SC162625 · est 1996 · no financials extracted	—	—	—	—	30y	83	71y
HOME BASICS (TWEEDDALE) COMPANY LIMITED→ SC234746 · est 2002 · no financials extracted	—	—	—	—	23y	83	79y
AAIRECOOL TECHNICAL SERVICES LIMITED→ SC135544 · est 1991	—	—	—	700	34y	82	72y
ELIOCK HYDRO ELECTRIC COMPANY LIMITED→ SC133236 · est 1991	—	—	—	100	34y	82	68y
FORTH RESOURCE MANAGEMENT LIMITED→ SC229855 · est 2002	—	—	—	54	24y	82	64y
GREENSPAN ELECTRIC BALQUHINDACHY LIMITED→ SC357454 · est 2009	—	—	£753.6k	—	17y	82	59y
GREENSPAN ELECTRIC CAIRNMORE LIMITED→ SC357453 · est 2009	—	—	£571.6k	—	17y	82	59y
GREENSPAN ELECTRIC ST. FERGUS LIMITED→ SC366660 · est 2009	—	—	£228.8k	—	16y	82	59y

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

Incorporated2007-12-12

Jurisdictionscotland

Primary SIC39000 — SIC 39000

Registered office

Unit 5 Mayfield Industrial

Estate, Mayfield

Dalkeith

Midlothian

EH22 4AD

Filing status

Accounts

Next due: 2026-06-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2026-12-26

Last: 2025-12-12