WATCHMAN PROPERTY COMPANY LTD

🌳Matureactive

SC379917 · ltd · incorporated 2010-06-08

Investment thesis

Unencumbered property vehicle — clean asset-backed target with refinance headroom.

Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.

Why risky: Values depend on title and valuation; property-specific market exposure.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

£19.6k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Buying and selling of own real estate

Sector: Real estate

ALSO REGISTERED FOR

68209Other letting and operating of own or leased real estate

Investor take

Pursue

Asset-holding vehicle with a 78-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 78). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 2 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

3 officers (3 active, 3 linked, 2 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

36 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

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £19,649

Cash YoY

-28%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£66k

↓ 28% YoY

Net Worth

£20k

↑ 68% YoY

Current Assets

£68k

↓ 27% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30
Total assets	£19.6k	£11.7k
Current assets	£68.4k	£93.1k
Cash	£66.4k	£92.6k
Debtors	£2.0k	£415
Net assets	£19.6k	£11.7k

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (20 events)Click to expand

2025-08-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-03-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-03-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-03-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-06-18
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-03-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2015-06-21
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-03-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2014-06-19
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-03-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2012-07-01
➕
FRASER, Peter John, Dr appointed
secretary
2010-06-08
🏢
Company incorporated
As WATCHMAN PROPERTY COMPANY LTD
2010-06-08
➕
FRASER, Patricia Constance Gordon appointed
director
2010-06-08
➕
FRASER, Peter John, Dr appointed
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 78 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

89/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Dr Peter John Fraser Individual · British · DOB 11/1948 · age 78	25–50%	—	25-50% shares	08/06/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Property · AB postcode area

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JACKAL PROPERTIES LIMITED→ SC228832 · est 2002	£1.29M £1.10M–£1.49M	—	£1.29M	—	24y	83	71y
F.G. BURNETT LIMITED→ SC202175 · est 1999	£1.01M £861.9k–£1.17M	—	£1.01M	—	26y	83	65y
A.R.N. ENERGY LIMITED→ SC366947 · est 2009	£136.9k £116.4k–£157.4k	—	£136.9k	—	16y	83	69y
GALLERY HEINZEL LIMITED→ SC233642 · est 2002	£99.6k £84.7k–£114.6k	—	£99.6k	—	23y	83	59y
EASTHAVEN PROPERTIES LIMITED→ SC277384 · est 2004	£93.3k £79.3k–£107.3k	—	£93.3k	—	21y	83	58y
JAMES MILNE & SONS (FUELS) LIMITED→ SC083208 · est 1983	£76.5k £65.0k–£88.0k	—	£76.5k	—	42y	83	87y
EASTHAVEN MAINTENANCE AND LETTING LIMITED→ SC361273 · est 2009	£1.2k £1.0k–£1.4k	—	£1.2k	—	16y	83	59y
KNIGHT PROPERTY GROUP PLC→ SC064782 · est 1978	—	£49.97M	—	1900	48y	89	78y
ASL INVESTMENTS LIMITED→ SC333364 · est 2007	—	—	—	300	18y	83	74y
BROADSHADE GROUP LTD→ SC161911 · est 1995	—	—	—	400	30y	83	63y
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JRG PROPCO LTD→ SC340522 · est 2008	—	—	—	0	18y	83	69y

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

Incorporated2010-06-08

Jurisdictionscotland

Primary SIC68100 — Buying and selling of own real estate

Registered office

Station House

Monymusk

AB51 7HR

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-06-22

Last: 2025-06-08

Officers (3 active · 0 resigned)

FRASER, Peter John, Dr→

secretary · appointed 2012-07-01

View their other companies + combined net worth →

Active

FRASER, Patricia Constance Gordon→

director · ~77y · appointed 2010-06-08

View their other companies + combined net worth →

Active

FRASER, Peter John, Dr→

director · ~78y · appointed 2010-06-08

View their other companies + combined net worth →

Active

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