ALEXANDER WATT (CONTRACTING) LTD
- · Filings: 23 → 24
Picture improved over the last 30 days — 1 positive signal vs 0 negative.
- ↑Filings: 23 → 24
No snapshot from 90 days ago — start tracking from today.
No snapshot from 180 days ago — start tracking from today.
Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
1 live charge · oldest 8.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Average employees | 1 | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 signals 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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (17 events)Click to expand
- 2025-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-03-20🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2017-10-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-01-11📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2016-05-27📄resolutionresolution · RESOLUTIONS
- 2016-05-24🏢Company incorporatedAs ALEXANDER WATT (CONTRACTING) LTD
- 2016-05-24➕WATT, James appointeddirector
- 2016-05-24📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "WATT" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Watt Individual · British · DOB 05/1966 · age 60 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 24/05/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Agriculture · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| TRAIGH MHOR OYSTERS LIMITED→ SC459505 · est 2013 | £94.7k £72.8k–£116.5k | — | — | 400 | 12y | 80 | 68y |
| ARDARDAN ESTATE LTD.→ SC302812 · est 2006 | — | — | £892.6k | — | 20y | 83 | 73y |
| CASSILTOUN TRUST→ SC205629 · est 2000 · no financials extracted | — | — | — | — | 26y | 83 | 86y |
| ALBAR LANDSCAPES LIMITED→ SC111284 · est 1988 | — | — | £1.54M | — | 38y | 82 | 65y |
| BRORA FISHING COMPANY LIMITED→ SC233209 · est 2002 | — | — | £606.1k | — | 23y | 82 | 74y |
| INSHORE FISHING LTD→ SC263540 · est 2004 | — | — | — | 200 | 22y | 82 | 71y |
| J. ORR & COMPANY LIMITED→ SC230625 · est 2002 | — | — | £1.87M | — | 24y | 82 | 82y |
| J.R. MACGREGOR (DYKE) LIMITED→ SC135312 · est 1991 | — | — | £780.9k | — | 34y | 82 | 85y |
| MOSSNEUK FARM (FORESIDE) LIMITED→ SC223005 · est 2001 | — | — | £501.2k | — | 24y | 82 | 72y |
| ALTA LIMITED→ SC166236 · est 1996 | — | — | — | 43 | 30y | 80 | 62y |
| ANNANDALE TREE SURGERY LIMITED→ SC258313 · est 2003 | — | — | £62.5k | — | 22y | 80 | 62y |
| BOOMHOUR BROOK FOREST LIMITED→ SC335637 · est 2007 | — | — | — | — | 18y | 80 | 81y |
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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 20/03/2018 | — |