MURRAY WELLSERVICES LIMITED

🚨Distressedactive

SC476876 · ltd · incorporated 2014-05-06

Investment thesis

Distressed but structurally messy — likely a value trap without major surgery.

Why interesting: Headline may look cheap; sector may be recovering.

Why risky: Critical deal-killers in ownership or security; closing cost and post-deal clean-up likely to dominate.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to May 2024

Net worth

£-132.0k

book net assets

Opportunity

68/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other professional, scientific and technical activities n.e.c.

Sector: Professional, scientific & technical

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 68/100 (strong), bankability 55/100. Strong seller-intent signal (63/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

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, 1 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 (2 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

39 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

68/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £131,952

High leverage

Liabilities are 100% of total assets

Leverage

100%

Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£132k

↓ 64% YoY

Current Assets

£41k

↑ 36% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-05-31	2023-05-31
Total assets	£44.4k	£32.6k
Current assets	£40.8k	£30.0k
Net assets	£-132.0k	£-80.3k

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

• 1 dissolution
• 1 gazette

Last 90 days

filings

• 1 dissolution
• 1 gazette

Last 180 days

filings

• 1 dissolution
• 1 gazette

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2026-05-15
📄
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-04-28
📄
gazette-notice-compulsory
gazette · GAZ1
2025-04-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-31
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-11-23
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-02-24
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-01-22
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2018-11-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-09-07
➕
MURRAY, Jackie appointed
director
2018-08-01
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-07-13
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-06-09
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2018-05-29
📄
gazette-notice-compulsory
gazette · GAZ1
2018-04-09
📄
dissolution-withdrawal-application-strike-off-company
dissolution · DS02
2018-03-06
📄
gazette-notice-voluntary
gazette · GAZ1(A)
2016-05-06
➖
MURRAY, Colin Robert resigned
secretary
2014-05-06
🏢
Company incorporated
As MURRAY WELLSERVICES LIMITED
2014-05-06
➕
MURRAY, Colin Robert appointed
director
2014-05-06
➕
MURRAY, Colin Robert appointed
secretary

Owner dependency

96/100

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 name in company name: Company name contains director surname "MURRAY" — strong identity link between founder and business.
+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

64/100

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.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 12 years.

Red flags

1 high ·

Accounts overdue

high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-02-28

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Colin Robert Murray Individual · British · DOB 01/1967 · age 59	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

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

Similar companies

Active · Professional services · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GENERAL OCEANS UK HOLDINGS LTD→ SC308386 · est 2006	£9.77M £7.20M–£12.34M	—	—	0	19y	84	68y
HIGHLAND FUELS HOLDINGS LIMITED→ SC215790 · est 2001	£9.50M £7.00M–£12.00M	—	—	300	25y	88	62y
CRAIGSHANNOCH LIMITED→ SC191743 · est 1998	£5.90M £4.34M–£7.45M	£2.95M	—	300	27y	88	67y
HSB HOLDINGS LIMITED→ SC260511 · est 2003	£3.58M £2.64M–£4.52M	—	—	0	22y	84	61y
T D C PARSONS PEEBLES LIMITED→ SC663297 · est 2020	£2.76M £2.03M–£3.48M	£11.52M	—	5100	5y	87	77y
ROTECH HOLDINGS LIMITED→ SC148822 · est 1994	£1.97M £1.45M–£2.49M	£453.6k	—	0	32y	92	58y
WELLTEC (UK) LTD.→ SC204742 · est 2000	£134.9k £99.4k–£170.4k	£17.23M	—	3200	26y	85	62y
ACCURA MEASUREMENT LIMITED→ SC322109 · est 2007	—	—	£5.47M	—	19y	83	60y
ALLEN ASSOCIATES (H.P.E.) LIMITED→ SC201596 · est 1999 · no financials extracted	—	—	—	—	26y	83	59y
BOURTREE INVESTMENTS LIMITED→ SC190868 · est 1998	—	—	—	—	27y	83	61y
CONNECT NDT LIMITED→ SC205224 · est 2000	—	—	—	—	26y	83	70y
CUMMING & CO. (ABERDEEN) LTD.→ SC248131 · est 2003	—	—	£352.1k	—	23y	83	58y

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.

See pricing →

Company details

Statusactive

Typeltd

Incorporated2014-05-06

Jurisdictionscotland

Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

The Old Smiddy

Newmachar

Aberdeen

AB21 7PQ

Scotland

Filing status

Accounts

Next due: 2026-02-28OVERDUE

Last made up to: 2024-05-31

Confirmation statement

Next due: 2026-10-31

Last: 2025-10-17

Officers (2 active · 1 resigned)

MURRAY, Colin Robert→

director · ~59y · appointed 2014-05-06

View their other companies + combined net worth →

Active

MURRAY, Jackie→

director · ~68y · appointed 2018-09-07

View their other companies + combined net worth →

Active

MURRAY, Colin Robert→

secretary · appointed 2014-05-06 · resigned 2016-05-06

Resigned

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

Recent filings (39 total)

dissolved-compulsory-strike-off-suspended

dissolution · DISS16(SOAS)

2026-05-15

gazette-notice-compulsory

gazette · GAZ1

2026-04-28