HOWAT CAPITAL LIMITED

🌳Matureactive

SC516736 · ltd · incorporated 2015-09-29

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.

Why now

Window steady · low confidence

Steady and tidy — no seller pressure yet. Approach only if an angle opens.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 5.5y old — refinance window within 12 months

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

—

not disclosed

Net worth

—

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: Activities of other holding companies n.e.c.

Sector: Financial & insurance

Investor take

Pursue

Asset-holding vehicle with a 79-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 79). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 5.5y

85/100

ready

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

· Oldest live charge is 5.5 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 23/100 — clean.

Data confidence

Overall: medium (61/100)

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

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

8 officers (2 active, 8 linked, 8 with DOB)

Ownership & PSC

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

Director network

12 connected companies via shared directors

Filing history

46 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

• 2 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (36 events)Click to expand

2026-01-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-01-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-10-23
➕
EASTCROFT, David John appointed
director
2025-10-23
➖
CRAIG, Steven Russell resigned
director
2025-10-23
➕
EASTCROFT, David John appointed
director
2025-10-23
➖
EASTCROFT, David John resigned
director
2025-10-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-10-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-05-30
📄
accounts-with-accounts-type-group
accounts · AA
2024-04-25
📄
accounts-with-accounts-type-group
accounts · AA
2023-12-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-03
➖
HOWAT, Malcolm Shekleton resigned
director
2023-06-05
📄
accounts-with-accounts-type-group
accounts · AA
2022-09-26
📍
move-registers-to-registered-office-company-with-new-address
address · AD04
2022-06-01
📄
accounts-with-accounts-type-group
accounts · AA
2022-04-14
➕
CRAIG, Steven Russell appointed
director
2022-04-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-09-02
📄
accounts-with-accounts-type-group
accounts · AA
2020-12-17
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-12-17
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-12-11
➖
MACPHERSON, Alan Alexander resigned
director
2020-12-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-12-10
🔒
Charge registered #2
Lender: Howat Capital Partners LTD (As Lender)
2020-12-10
🔒
Charge registered #1
Lender: Howat Capital Partners LTD (As Lender)
2020-11-26
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-09-15
➖
HOWAT, Christopher John resigned
director
2020-09-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-08-13
📄
resolution
resolution · RESOLUTIONS
2020-08-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-07-31
➕
HOWAT, Malcolm Newall appointed
director
2020-07-31
➕
HOWAT, Christopher John appointed
director
2015-09-29
🏢
Company incorporated
As HOWAT CAPITAL LIMITED
2015-09-29
➕
HOWAT, Malcolm Shekleton appointed
director
2015-09-29
➕
HOWAT, Malcolm Newall appointed
director
2015-09-29
➖
HOWAT, Malcolm Newall resigned
director
2015-09-29
➕
MACPHERSON, Alan Alexander appointed
director

Owner dependency

88/100

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 "HOWAT" — strong identity link between founder and business.
+Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

66/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·

2 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: CRAIG, Steven Russell resigned 2025-10-23; EASTCROFT, David John resigned 2025-10-23

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Malcolm Newall Howat Individual · British · DOB 09/1947 · age 79	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	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 · Holding company · FK postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BRAIDWOOD (METALS) LIMITED→ SC260654 · est 2003	£4.00M £3.40M–£4.60M	—	£4.00M	—	22y	82	81y
JOHN MITCHELL GROUP LIMITED→ SC688583 · est 2021	£816.5k £694.0k–£939.0k	—	£816.5k	—	5y	79	68y
PHILIP INDUSTRIAL REPAIR CENTRE LIMITED→ SC533852 · est 2016	£62.8k £53.3k–£72.2k	—	£62.8k	—	10y	79	58y
MARCHGLEN FIELD LIMITED→ SC439016 · est 2012	£17.8k £15.2k–£20.5k	—	£17.8k	—	13y	78	79y
SWINLEES HOLDINGS LIMITED→ SC677781 · est 2020	£10.2k £8.6k–£11.7k	—	£10.2k	—	5y	79	75y
DUNMAR PROPERTIES LIMITED→ SC586463 · est 2018	£100 £85–£115	—	£100	—	8y	78	63y
DRON & DICKSON GROUP LIMITED→ SC305554 · est 2006 · no financials extracted	—	—	—	—	19y	83	71y
AIRSPRUNG SCOTLAND LIMITED→ SC068122 · est 1979 · no financials extracted	—	—	—	—	46y	82	69y
CCG CONTRACTING INTERNATIONAL LIMITED→ SC152115 · est 1994 · no financials extracted	—	—	—	—	31y	82	65y
CES MICROCARE (SCOTLAND) LIMITED→ SC287572 · est 2005	—	—	—	—	20y	82	77y
HI-FAS (ENGINEERS SUPPLY) LIMITED→ SC100907 · est 1986	—	—	—	—	39y	82	58y
QUALITY STONE LIMITED→ SC137028 · est 1992	—	—	—	—	34y	82	80y

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

Incorporated2015-09-29

Jurisdictionscotland

Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

7 Melville Terrace

Stirling

FK8 2ND

United Kingdom

Filing status

Accounts

Next due: 2026-05-31

Last made up to: 2024-08-31

Confirmation statement

Next due: 2027-01-14

Last: 2025-12-31

Officers (2 active · 6 resigned)

EASTCROFT, David John→

director · ~67y · appointed 2025-10-23

View their other companies + combined net worth →

Active

HOWAT, Malcolm Newall→

director · ~79y · appointed 2020-07-31

View their other companies + combined net worth →

Active

CRAIG, Steven Russell→

director · ~39y · appointed 2022-04-14 · resigned 2025-10-23

Resigned

EASTCROFT, David John→

director · ~67y · appointed 2025-10-23 · resigned 2025-10-23

Resigned

HOWAT, Christopher John→

director · ~41y · appointed 2020-07-31 · resigned 2020-09-15

Resigned

HOWAT, Malcolm Shekleton→

director · ~48y · appointed 2015-09-29 · resigned 2023-12-03

Resigned

HOWAT, Malcolm Newall→

director · ~79y · appointed 2015-09-29 · resigned 2015-09-29

Resigned

MACPHERSON, Alan Alexander→

director · ~50y · appointed 2015-09-29 · resigned 2020-12-11

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	Howat Capital Partners (As Lender) Howat Capital Partners LTD (As Lender)	A registered charge	—	10/12/2020	—
	outstanding	Howat Capital Partners (As Lender) Howat Capital Partners LTD (As Lender)	A registered charge	—	10/12/2020	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (46 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-01-12

termination-director-company-with-name-termination-date

officers · TM01

2026-01-12

appoint-person-director-company-with-name-date

officers · AP01

2026-01-12

appoint-person-director-company-with-name-date

officers · AP01

2025-10-23

termination-director-company-with-name-termination-date

officers · TM01

2025-10-23

accounts-with-accounts-type-group

accounts · AA

2025-05-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-01-06

accounts-with-accounts-type-group

accounts · AA

2024-04-25

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-01-10

termination-director-company-with-name-termination-date

officers · TM01

2023-12-08

accounts-with-accounts-type-group

accounts · AA

2023-06-05

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-01-12

move-registers-to-registered-office-company-with-new-address

address · AD04

2022-09-26

accounts-with-accounts-type-group

accounts · AA

2022-06-01

appoint-person-director-company-with-name-date

officers · AP01

2022-04-14