ANGUS BIOFUELS LTD

🌳Matureactive
SC474563 · ltd · incorporated 2014-04-07
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 closing · high confidence
Getting harder to buy — profile has hardened into "well run hard buy" recently.
  • · Lifecycle stage: zombie → mature
  • · Investment thesis: zombie_hold → well_run_hard_buy
  • · Deal-killer verdict: complicated → clean
  • · Opportunity score: 70 → 80
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 9.6y old — refinance window within 12 months
What changed my view
Last 30 days

Picture improved over the last 30 days — 7 positive signals vs 1 negative.

  • ↑Lifecycle stage: zombie → mature
  • ·Investment thesis: zombie_hold → well_run_hard_buy
  • ↑Deal-killer verdict: complicated → clean
  • ↑Opportunity score: 70 → 80
  • ↑Hygiene score: 80 → 90
  • +4 more
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 Mar 2025
Net worth
£38.2k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 35300
Sector: Electricity, gas & energy
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 80/100 (exceptional), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 9.6y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 9.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £38,222

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£38k
↑ 3.7% YoY
Current Assets
£68k
↑ 1.5% YoY
Current Liabilities
—
£0£14k£27k£41k£54k£68kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£38.2k£36.9k
Current assets£67.8k£66.8k
Net assets£38.2k£36.9k

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
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-09-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-09-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-08-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-05-22
    ➕
    WATSON, Steven Maxwell appointed
    director
  5. 2024-05-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-10-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-11-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-10-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-11-25
    📄
    capital-allotment-shares
    capital · SH01
  10. 2020-11-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-11-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-11-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-11-05
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  16. 2016-10-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2016-10-11
    🔒
    Charge registered #1
    Lender: Svenska Handelsbanken Ab (Publ)
  18. 2014-04-07
    🏢
    Company incorporated
    As ANGUS BIOFUELS LTD
  19. 2014-04-07
    ➕
    WATSON, William Yeaman appointed
    director

Owner dependency

79/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

19/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — WATSON, Steven Maxwell (same surname) appointed 2024-05-22. Pattern consistent with intra-family handover.
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 12 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr William Yeaman Watson
Individual · British · DOB 10/1964 · age 62
75–100%
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.

🔒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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2014-04-07
Jurisdictionscotland
Primary SIC35300 — SIC 35300

Registered office

Unit 1 Eco Park
Carseview Road
Forfar
DD8 3BS

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-21
Last: 2026-04-07

Officers (2 active · 0 resigned)

WATSON, Steven Maxwell→
director · ~33y · appointed 2024-05-22
View their other companies + combined net worth →
Active
WATSON, William Yeaman→
director · ~62y · appointed 2014-04-07
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Svenska Handelsbanken Ab (Publ)
A registered charge—11/10/2016—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (29 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-28
appoint-person-director-company-with-name-date
officers · AP01
2024-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-22
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-10
capital-allotment-shares
capital · SH01
2020-11-25
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-25