WE ENJOY SOUND LTD

💤Zombieactive
SC591333 · ltd · incorporated 2018-03-14
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£-16.8k
book net assets
Opportunity
72/100
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 26400
Sector: Manufacturing
ALSO REGISTERED FOR
  • 82990Other business support service activities n.e.c.
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 75/100. 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: distressed disposal / insolvency (65/100).

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, 2 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 (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £16,757

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£17k
↓ 48% YoY
Current Assets
£9k
↓ 2.0% YoY
Current Liabilities
-£17k-£12k-£6k-£1k£4k£9kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£-11.4k£-3.4k
Current assets£8.7k£8.9k
Net assets£-16.8k£-11.3k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-12-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-08-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2024-08-13
    BALMAIN, Vivian resigned
    director
  5. 2023-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-09-30
    WATSON, Beinn resigned
    director
  9. 2021-09-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2021-03-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2021-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-12-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2019-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-03-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2018-03-14
    🏢
    Company incorporated
    As WE ENJOY SOUND LTD
  16. 2018-03-14
    WATSON, Rory appointed
    director
  17. 2018-03-14
    BALMAIN, Vivian appointed
    director
  18. 2018-03-14
    WATSON, Beinn appointed
    director
  19. 2018-03-14
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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
NameSharesVoting rightsNature of controlNotified
Rory Watson
Individual · Scottish · DOB 11/1979 · age 47
5075%
50–75%50-75% shares · 50-75% voting14/03/2018

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

Similar companies

Active · Manufacturing · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
DIESELEC THISTLE GENERATORS LIMITED
SC269766 · est 2004
£7.66M
£5.96M£9.37M
1030021y8458y
CALEDONIAN PLYWOOD COMPANY LTD.
SC195444 · est 1999
£6.46M
£5.02M£7.89M
810027y8572y
KELVINSIDE ELECTRONICS LIMITED
SC105407 · est 1987
£4.29M
£3.33M£5.24M
610038y8465y
PCT GROUP SALES LIMITED
SC075642 · est 1981
£3.56M
£2.77M£4.35M
7744y8583y
PROMAT BD LIMITED
SC208370 · est 2000
£3.41M
£2.65M£4.17M
850025y8770y
INDEPENDENT GLASS COMPANY LIMITED
SC107294 · est 1987
£2.83M
£2.20M£3.46M
2180038y8579y
THOMAS TUNNOCK LIMITED
SC028747 · est 1952
£2.26M
£1.76M£2.76M
65374y8593y
SAMTEC (EUROPE) LIMITED
SC096674 · est 1986
£1.51M
£1.17M£1.84M
270040y8565y
WALKI LIMITED
SC014320 · est 1926
£439.3k
£341.7k£536.9k
3599y9461y
LINIAN SUPPLY CO. LIMITED
SC246119 · est 2003
140023y8866y
WILLIAMS WINDOW FABRICATION LIMITED
SC163160 · est 1996 · no financials extracted
30y
WYLIE-REDMAN (MOULDS) LIMITED
SC037222 · est 1962 · no financials extracted
64y
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
Incorporated2018-03-14
Jurisdictionscotland
Primary SIC26400 — SIC 26400

Registered office

Pavilion 2 Finnieston Business Park
Minerva Way
Glasgow
G3 8AU
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-04
Last: 2025-06-20

Officers (1 active · 2 resigned)

WATSON, Rory
director · ~47y · appointed 2018-03-14
View their other companies + combined net worth →
Active
BALMAIN, Vivian
director · ~72y · appointed 2018-03-14 · resigned 2024-08-13
Resigned
WATSON, Beinn
director · ~48y · appointed 2018-03-14 · resigned 2021-09-30
Resigned

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

Recent filings (21 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-24
termination-director-company-with-name-termination-date
officers · TM01
2024-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-20
termination-director-company-with-name-termination-date
officers · TM01
2021-09-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-03-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-29