TORMYWHEEL EXTENSION LIMITED

🏛️Establishedactive
SC558203 · ltd · incorporated 2017-02-20
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
£1
book net assets
Opportunity
77/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 77/100 (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 (65/100).

Data confidence

Overall: high (81/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1
Very low cash
Cash position: £1
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1
~ YoY
Net Worth
£1
~ YoY
Current Assets
£29k
↑ 2866800% YoY
Current Liabilities
£0£6k£11k£17k£23k£29kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Total assets£1£1
Current assets£28.7k£1
Cash£1£1
Net assets£1£1

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 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

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 officers
Last 180 days
1
filing
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-03-10
    RUBINSTEIN, Guy Lesley appointed
    director
  2. 2026-03-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-09-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-06-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-05-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  6. 2025-05-29
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  7. 2025-05-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-04-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2023-06-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2022-06-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2021-06-22
    MEL COSEC LTD appointed
    corporate-secretary
  12. 2021-06-22
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  13. 2021-06-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2020-06-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2019-05-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2018-05-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2017-09-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2017-09-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2017-02-20
    🏢
    Company incorporated
    As TORMYWHEEL EXTENSION LIMITED
  20. 2017-02-20
    WALKER, Christopher John appointed
    director

Owner dependency

66/100
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.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Mel Wws Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Mel Wws Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
TORMYWHEEL EXTENSION LIMITED
This company · SC558203

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mel Wws Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control21/09/2017
2 historic (ceased) PSCs
  • Wws Development Llpceased 21/09/2017· 25-50% shares · 25-50% voting · firm interest
  • Muirhall Energy Ltdceased 21/09/2017· 25-50% shares · 25-50% voting · firm interest

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 · Energy & utilities · ML postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BRAIDENHILL FARM WIND LIMITED
SC313706 · est 2006
20019y8359y
DIVERSE INVESTMENTS SCOTLAND LTD
SC311596 · est 2006
£3.15M19y8362y
KARIS TECHNICAL SERVICES LTD.
SC350406 · est 2008
£65.9k17y8262y
RICHARDSON OILS UNLIMITED
SC238121 · est 2002 · no financials extracted
23y8161y
ALBEC METAL COMPANY LIMITED
SC211104 · est 2000
25y8065y
AQUA PROJECTS LIMITED
SC234073 · est 2002
£27.5k23y8065y
AUCHNOTROCH WIND ENERGY LTD.
SC430889 · est 2012
£961.9k13y8062y
AUTORECYCLING LIMITED
SC360646 · est 2009
£79.5k16y8063y
BARR ENVIRONMENTAL LIMITED
SC162876 · est 1996 · no financials extracted
30y8065y
DIRECT COOLING & HEATING SERVICES LTD.
SC176081 · est 1997
28y8060y
ENVIROSAN LIMITED
SC179932 · est 1997
£553.4k28y8062y
GREENBANK TURBINES LTD
SC393995 · est 2011
015y8069y
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
Incorporated2017-02-20
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

3rd Floor, Maxim 10
Parklands Avenue
Motherwell
ML1 4WQ
United Kingdom

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-05
Last: 2025-09-21

Officers (3 active · 0 resigned)

MEL COSEC LTD
corporate-secretary · appointed 2021-06-22
View their other companies + combined net worth →
Active
RUBINSTEIN, Guy Lesley
director · ~61y · appointed 2026-03-10
View their other companies + combined net worth →
Active
WALKER, Christopher John
director · ~62y · appointed 2017-02-20
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)

appoint-person-director-company-with-name-date
officers · AP01
2026-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-23
change-person-director-company-with-change-date
officers · CH01
2025-09-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-05-29
change-corporate-secretary-company-with-change-date
officers · CH04
2025-05-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-24
accounts-with-accounts-type-dormant
accounts · AA
2024-04-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-25
accounts-with-accounts-type-dormant
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-27
accounts-with-accounts-type-dormant
accounts · AA
2022-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-21
appoint-corporate-secretary-company-with-name-date
officers · AP04
2021-06-22