STORAS WATERCOLOUR LTD.

🌳Matureactive
SC373950 · ltd · incorporated 2010-03-02
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£15.1k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Artistic creation
Sector: Arts, entertainment & recreation
Investor take
Pursue
Asset-holding vehicle with a 65-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (83/100, director aged 65). 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
7 officers (3 active, 7 linked, 5 with DOB)
84
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £15,087

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£15k
~ YoY
Current Assets
£15k
Current Liabilities
—
£0£3k£6k£9k£12k£15kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£15.2k£15.2k
Current assets£15.2k—
Net assets£15.1k£15.1k

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

Recent activity

Last 30 days
5
filings
  • • 3 officers
  • • 1 confirmation-statement
  • • 1 persons-with-significant-control
Last 90 days
8
filings
  • • 5 officers
  • • 2 persons-with-significant-control
  • • 1 confirmation-statement
Last 180 days
9
filings
  • • 5 officers
  • • 2 persons-with-significant-control
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-04-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-04-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2026-04-14
    ➖
    MACFIE, Jennifer Myrle resigned
    director
  4. 2026-04-14
    ➖
    THOMSON, Samuel Kenneth resigned
    director
  5. 2026-04-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2026-04-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2026-03-24
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  8. 2026-03-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2026-03-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2026-01-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2025-04-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2024-04-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2023-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2022-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2020-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2019-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2018-04-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2013-07-21
    ➕
    MACFIE, Jennifer Myrle appointed
    director
  20. 2013-07-21
    ➕
    THOMSON, Samuel Kenneth appointed
    director
  21. 2010-03-02
    🏢
    Company incorporated
    As STORAS WATERCOLOUR LTD.
  22. 2010-03-02
    ➕
    TURNER, Nicholas David appointed
    secretary
  23. 2010-03-02
    ➕
    TURNER, Mary Ann appointed
    director
  24. 2010-03-02
    ➕
    TURNER, Nicholas David appointed
    director
  25. 2010-03-02
    ➕
    BRIAN REID LTD. appointed
    corporate-secretary
  26. 2010-03-02
    ➖
    BRIAN REID LTD. resigned
    corporate-secretary
  27. 2010-03-02
    ➕
    MABBOTT, Stephen George appointed
    director
  28. 2010-03-02
    ➖
    MABBOTT, Stephen George resigned
    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 16 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

79/100
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 65. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 16 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 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: MACFIE, Jennifer Myrle resigned 2026-04-14; THOMSON, Samuel Kenneth resigned 2026-04-14

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Nicholas David Turner
Individual · British · DOB 12/1961 · age 65
25–50%
—25-50% shares06/04/2016
Ms Mary Ann Turner
Individual · British · DOB 12/1967 · age 59
25–50%
—25-50% shares06/04/2016

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 →

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————33y8282y
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———————
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.

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Company details

Statusactive
Typeltd
Incorporated2010-03-02
Jurisdictionscotland
Primary SIC90030 — Artistic creation

Registered office

Fang Na H-Airigh
Ardgour
Fort William
Highland
PH33 7AH

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-03-16
Last: 2026-03-02

Officers (3 active · 4 resigned)

TURNER, Nicholas David→
secretary · appointed 2010-03-02
View their other companies + combined net worth →
Active
TURNER, Mary Ann→
director · ~59y · appointed 2010-03-02
View their other companies + combined net worth →
Active
TURNER, Nicholas David→
director · ~65y · appointed 2010-03-02
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-secretary · appointed 2010-03-02 · resigned 2010-03-02
Resigned
MABBOTT, Stephen George→
director · ~76y · appointed 2010-03-02 · resigned 2010-03-02
Resigned
MACFIE, Jennifer Myrle→
director · ~77y · appointed 2013-07-21 · resigned 2026-04-14
Resigned
THOMSON, Samuel Kenneth→
director · ~77y · appointed 2013-07-21 · resigned 2026-04-14
Resigned

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

Recent filings (54 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-17
change-person-director-company-with-change-date
officers · CH01
2026-04-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-16
termination-director-company-with-name-termination-date
officers · TM01
2026-04-14
termination-director-company-with-name-termination-date
officers · TM01
2026-04-14
change-person-secretary-company-with-change-date
officers · CH03
2026-03-24
change-person-director-company-with-change-date
officers · CH01
2026-03-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-23
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-15