THE WATER POINT (WEST OF SCOTLAND) LIMITED

💤Zombieactive
SC387238 · ltd · incorporated 2010-10-18
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Oct 2024
Net worth
book net assets
Opportunity
75/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other food services
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31
Average employees300400

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
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
  • 2 gazette
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-01-10
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-01-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2025-07-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-07-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-06-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-06-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-07-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-05-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-03-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-11-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-05-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-11-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2010-10-18
    🏢
    Company incorporated
    As THE WATER POINT (WEST OF SCOTLAND) LIMITED
  17. 2010-10-18
    MACLEAN, Iain Gavin appointed
    director

Owner dependency

90/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +No director turnover: Company is 16 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Iain Gavin Maclean
Individual · British · DOB 09/1976 · age 50
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

Similar companies

Active · Hospitality · KA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
SIMPSINNS LIMITED
SC220884 · est 2001
£4.78M
£3.58M£5.97M
25524y8564y
WESTERN HOUSE CATERING LIMITED
SC269741 · est 2004 · no financials extracted
21y8379y
AUNTIE PATS BOARDING KENNELS LTD
SC355802 · est 2009
217y8259y
BRIG O'DOON LIMITED
SC187703 · est 1998
027y8274y
CLOWANCE HOLDINGS LIMITED
SC132922 · est 1991
£2.73M34y8271y
COSTLEY INNS & WINE BARS LIMITED
SC168509 · est 1996
029y8274y
D.J. DUNABIE (CARAVANS) LIMITED
SC048808 · est 1971
354y8281y
FERGUSSON LEISURE LIMITED
SC181660 · est 1997
228y8259y
INVERCLOY LIMITED
SC225106 · est 2001
£13.1k24y8276y
LAGG PROPERTIES LTD
SC260057 · est 2003
£75.9k22y8258y
MURDOCH HOSPITALITY LIMITED
SC263833 · est 2004
3322y8266y
PEMBRAYR PROPERTIES (IRVINE) LIMITED
SC259596 · est 2003
£122y8270y
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
Incorporated2010-10-18
Jurisdictionscotland
Primary SIC56290 — Other food services

Registered office

29 Portland Road
Kilmarnock
East Ayrshire
KA1 2BY

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-01
Last: 2025-10-18

Officers (1 active · 0 resigned)

MACLEAN, Iain Gavin
director · ~50y · appointed 2010-10-18
View their other companies + combined net worth →
Active

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

Recent filings (34 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-07
gazette-notice-compulsory
gazette · GAZ1
2026-01-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-17
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-07
confirmation-statement-with-updates
confirmation-statement · CS01
2020-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-09
confirmation-statement-with-updates
confirmation-statement · CS01
2019-10-28