WELL SYSTEMS TECHNOLOGY LTD

🌳Matureactive
SC411984 · ltd · incorporated 2011-11-24
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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2025
Net worth
£265.2k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 09100
Sector: Mining & quarrying
Investor take
Pursue
Asset-holding vehicle with a 70-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
45 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £265,237

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£265k
~ YoY
Current Assets
£266k
~ YoY
Current Liabilities
—
£0£53k£107k£160k£213k£266kOct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-10-312024-10-31
Total assets£265.2k£264.0k
Current assets£266.5k£264.9k
Net assets£265.2k£264.0k

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
5
filings
  • • 2 persons-with-significant-control
  • • 2 officers
  • • 1 address
Last 180 days
6
filings
  • • 2 persons-with-significant-control
  • • 2 officers
  • • 1 address
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-06-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-06-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-06-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2026-06-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2026-06-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2026-02-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2025-01-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2024-05-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-04-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-11-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2022-06-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-11-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2021-11-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2021-04-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2020-07-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-03-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2013-04-06
    ➕
    ALEXANDER, Margaret Joan appointed
    director
  19. 2011-11-24
    🏢
    Company incorporated
    As WELL SYSTEMS TECHNOLOGY LTD
  20. 2011-11-24
    ➕
    ALEXANDER, Brian James appointed
    director

Owner dependency

86/100
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.
  • +Founder age: Director aged approximately 70 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 70+: Senior director is approximately 70 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 15 years.
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Margaret Joan Alexander
Individual · British · DOB 03/1963 · age 63
50–75%
50–75%50-75% shares · 50-75% voting06/04/2016
Mr Brian James Alexander
Individual · British · DOB 01/1956 · age 70
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2011-11-24
Jurisdictionscotland
Primary SIC09100 — SIC 09100

Registered office

Arran House
15d Skye Road
Prestwick
KA9 2TA
Scotland

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-12-08
Last: 2025-11-24

Officers (2 active · 0 resigned)

ALEXANDER, Brian James→
director · ~70y · appointed 2011-11-24
View their other companies + combined net worth →
Active
ALEXANDER, Margaret Joan→
director · ~63y · appointed 2013-04-06
View their other companies + combined net worth →
Active

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

Recent filings (45 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-06-09
change-person-director-company-with-change-date
officers · CH01
2026-06-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-06-09
change-person-director-company-with-change-date
officers · CH01
2026-06-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-06-05
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-10