WATT HOLDING LIMITED

⚰️Wound downdissolved

SC390159 · ltd · incorporated 2010-12-09

Investment thesis

Company dissolved — not a live target.

Why interesting: Historical record only; useful for precedent research.

Why risky: Not transactable.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

52/100

Worth a look

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What this business does

Primary activity: Other business support service activities n.e.c.

Sector: Administrative & support services

Investor take

Pass (distressed without resilience)

Distressed unclear — structural issues outweigh the discount.

Opportunity 52/100 (worth a look), bankability 50/100. 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: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (53/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (59/100)

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

No iXBRL financials extracted

Lenders & charges

Confirmed no charges registered

Directors & officers

12 officers (6 active, 12 linked, 9 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

48 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

52/100Worth a look

PassWatchWorth a lookStrongExceptional

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (43 events)Click to expand

2022-03-21
⚠️
gazette-dissolved-liquidation
gazette · GAZ2
2022-03-21
🏁
Company dissolved
2021-12-21
⚠️
liquidation-voluntary-members-return-of-final-meeting-scotland
insolvency · LIQ13(Scot)
2018-12-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-04-26
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-04-26
📄
resolution
resolution · RESOLUTIONS
2017-10-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-03-16
📄
capital-cancellation-shares
capital · SH06
2017-03-09
📄
resolution
resolution · RESOLUTIONS
2017-03-09
📄
capital-return-purchase-own-shares
capital · SH03
2017-02-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2017-02-22
➖
STACEY, Andrew Paul resigned
director
2017-01-04
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-18
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-18
📄
change-person-secretary-company-with-change-date
officers · CH03
2015-01-26
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-12-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-12-09
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-08-13
📄
accounts-with-accounts-type-dormant
accounts · AA
2013-07-08
📄
appoint-person-secretary-company-with-name
officers · AP03
2013-07-01
➕
CRAWFORD, Susannah Mary appointed
secretary
2013-07-01
➖
PINSENT MASONS SECRETARIAL LIMITED resigned
corporate-secretary
2013-07-01
📍
change-registered-office-address-company-with-date-old-address
address · AD01
2013-07-01
📄
termination-secretary-company-with-name
officers · TM02
2012-12-17
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-09-10
📄
accounts-with-accounts-type-dormant
accounts · AA
2012-07-31
➖
MD SECRETARIES LIMITED resigned
corporate-secretary
2012-07-31
➕
PINSENT MASONS SECRETARIAL LIMITED appointed
corporate-secretary
2012-03-01
➕
GRANT, Alison Claire appointed
director
2012-03-01
➕
LYONS, Hrafnhildur appointed
director
2012-03-01
➕
MCKERROW, Christopher Francis appointed
director
2011-11-30
➖
HOLDEN, Simon Christopher resigned
director
2011-09-13
➕
CAMPBELL, Norman James appointed
director
2011-09-13
➕
HOLDEN, Simon Christopher appointed
director
2011-01-12
➕
GRANT, George Malcolm appointed
director
2011-01-12
➖
CONNON, Roger Gordon resigned
director
2011-01-12
➖
RUTHERFORD, John Arthur Thomas resigned
director
2011-01-12
➕
STACEY, Andrew Paul appointed
director
2010-12-09
🏢
Company incorporated
As WATT HOLDING LIMITED
2010-12-09
➕
MD SECRETARIES LIMITED appointed
corporate-secretary
2010-12-09
➕
CONNON, Roger Gordon appointed
director
2010-12-09
➕
RUTHERFORD, John Arthur Thomas appointed
director

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 68 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

73/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
secondary12+ year tenure: Director in role 15 years.
secondaryStable-but-static management: Company is 15 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

2 high ·

Company dissolved

high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2022-03-21

2 insolvency-related filings on record

high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2022-03-21: gazette-dissolved-liquidation; 2021-12-21: liquidation-voluntary-members-return-of-final-meeting-scotland

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr George Malcolm Grant Individual · British · DOB 06/1962 · age 64	25–50%	—	25-50% shares	06/04/2016

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 →

Similar companies

Active · Trade services · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ELGIN INFRASTRUCTURE LIMITED→ SC366432 · est 2009	£50.96M £38.22M–£63.70M	—	—	0	16y	94	64y
STIRLING GATEWAY LIMITED→ SC291034 · est 2005	£5.98M £4.49M–£7.48M	—	—	0	20y	88	70y
PPP SERVICES (NORTH AYRSHIRE) LIMITED→ SC294870 · est 2005	£5.04M £3.78M–£6.30M	—	—	0	20y	87	60y
DISCOVERY EDUCATION PLC→ SC313681 · est 2006	£4.97M £3.73M–£6.22M	—	—	0	19y	90	61y
PPP SERVICES (NORTH AYRSHIRE) HOLDINGS LIMITED→ SC294861 · est 2005	£4.61M £3.46M–£5.76M	—	—	0	20y	87	60y
DSF HOLDINGS LIMITED→ SC239681 · est 2002	£3.91M £2.93M–£4.89M	—	—	7	23y	87	61y
FCC (EAST AYRSHIRE) LIMITED→ SC300469 · est 2006	£3.70M £2.78M–£4.63M	—	—	0	20y	87	60y
SCOTS BEARINGS LIMITED→ SC299694 · est 2006	£3.65M £2.74M–£4.57M	£17.30M	—	5900	20y	88	71y
FORFAR HEALTHCARE LIMITED→ SC243126 · est 2003	£3.12M £2.34M–£3.90M	—	—	0	23y	85	60y
ROBERTSON HEALTH (NEW CRAIGS) HOLDINGS LIMITED→ SC190054 · est 1998	£1.48M £1.11M–£1.85M	—	—	0	27y	87	81y
APS GROUP (SCOTLAND) LIMITED→ SC369510 · est 2009	£227.4k £170.5k–£284.2k	—	—	127	16y	88	61y
JOHN MENZIES INTERNATIONAL LIMITED→ SC092454 · est 1985	—	—	—	0	41y	86	66y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

10 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

Statusdissolved

Typeltd

Incorporated2010-12-09

Jurisdictionscotland

Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Exchange Place 3

Semple Street

Edinburgh

EH3 8BL

Filing status

Accounts

Next due: —

Last made up to: 2018-03-31

Confirmation statement

Next due: —

Last: —