WELLINGTON INTERIORS LIMITED

🌳Matureactive

SC487740 · ltd · incorporated 2014-09-29

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.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2024

Net worth

£71.7k

book net assets

Opportunity

74/100

Strong

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What this business does

Primary activity: Retail sale of carpets, rugs, wall and floor coverings in specialised stores

Sector: Wholesale & retail

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

28 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

74/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £71,709

Cash YoY

+21%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£85k

↑ 21% YoY

Net Worth

£72k

↑ 3.6% YoY

Current Assets

£99k

↑ 11% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-09-30	2023-09-30
Total assets	£71.7k	£69.2k
Current assets	£99.1k	£89.5k
Cash	£84.7k	£70.0k
Net assets	£71.7k	£69.2k

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

Last 90 days

filing

• 1 capital

Last 180 days

filings

• 2 capital
• 2 persons-with-significant-control

Counts from Companies House filing history.

Corporate timeline (18 events)Click to expand

2026-03-31
📄
capital-return-purchase-own-shares
capital · SH03
2026-01-28
📄
capital-cancellation-shares
capital · SH06
2026-01-24
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-24
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-11
📄
change-person-director-company-with-change-date
officers · CH01
2018-12-11
📄
change-person-director-company-with-change-date
officers · CH01
2018-06-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-06-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2014-09-29
🏢
Company incorporated
As WELLINGTON INTERIORS LIMITED
2014-09-29
➕
MEARS, Keith appointed
director
2014-09-29
➕
WATSON, Kathryn appointed
director

Owner dependency

63/100

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.
+No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

41/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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%

Name	Shares	Voting rights	Nature of control	Notified
Miss Kathryn Watson Individual · British · DOB 08/1980 · age 46	75–100%	75–100%	75-100% shares · 75-100% voting	29/09/2016

1 historic (ceased) PSC

Mr Keith Mearsceased 29/09/2025· 25-50% shares · 25-50% voting

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

Similar companies

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Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
PENTLAND KITCHENS LIMITED→ SC307579 · est 2006	£710.4k £532.8k–£888.0k	—	—	2000	19y	83	63y
M&F FUNERAL SERVICES LIMITED→ SC365033 · est 2009	£671.4k £503.6k–£839.3k	—	—	1400	16y	88	61y
LYON & TURNBULL LIMITED→ SC191166 · est 1998	£551.7k £413.8k–£689.6k	—	—	75	27y	85	77y
FESTIVAL FRINGE TRADING LIMITED→ SC130813 · est 1991	£497.4k £373.1k–£621.8k	—	—	0	35y	85	77y
DRINX.COM LIMITED→ SC203859 · est 2000	—	—	£353.7k	—	26y	83	63y
GLASGOW ARCHITECTURAL SALVAGE LIMITED→ SC248258 · est 2003 · no financials extracted	—	—	—	—	23y	83	58y
GLENTERRIN LIMITED→ SC116076 · est 1989	—	—	—	7100	37y	83	64y
GRAHAM TISO LIMITED→ SC081944 · est 1983 · no financials extracted	—	—	—	—	43y	83	60y
NGS TRADING COMPANY LIMITED→ SC312797 · est 2006 · no financials extracted	—	—	—	—	19y	83	68y
PLANET FLOWERS LTD.→ SC212761 · est 2000	—	—	£208.8k	—	25y	83	78y
THE DORMANT DISTILLERY COMPANY LIMITED→ SC172078 · est 1997	—	—	—	64	29y	83	62y
THE GREAT GROG COMPANY LIMITED→ SC194873 · est 1999	—	—	£501.5k	—	27y	83	64y

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.

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Company details

Statusactive

Typeltd

Incorporated2014-09-29

Jurisdictionscotland

Primary SIC47530 — Retail sale of carpets, rugs, wall and floor coverings in specialised stores

Registered office

Gillespie Accountancy Llp

2-4 Salamander Place

Edinburgh

EH6 7JB

Filing status

Accounts

Next due: 2026-06-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2026-10-13

Last: 2025-09-29

Officers (2 active · 0 resigned)

MEARS, Keith→

director · ~48y · appointed 2014-09-29

View their other companies + combined net worth →

Active

WATSON, Kathryn→

director · ~46y · appointed 2014-09-29

View their other companies + combined net worth →

Active

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

Recent filings (28 total)

capital-return-purchase-own-shares

capital · SH03

2026-03-31

capital-cancellation-shares

capital · SH06

2026-01-28

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2026-01-24

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2026-01-24

confirmation-statement-with-updates

confirmation-statement · CS01

2025-09-29