WET LEISURE ENGINEERING LIMITED

🏛️Establishedactive

SC626622 · ltd · incorporated 2019-04-03

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 Apr 2025

Net worth

—

book net assets

Opportunity

72/100

Strong

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What this business does

Primary activity: Other service activities n.e.c.

Sector: Other service activities

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

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. 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

3 officers (2 active, 3 linked, 3 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

15 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-04-30	2024-04-30

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

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (13 events)Click to expand

2026-01-31
📄
accounts-with-accounts-type-dormant
accounts · AA
2025-01-31
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-10-13
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-01-31
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-01-26
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-03-15
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-09-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-08-23
➖
MCKECHNIE, Keir resigned
director
2019-04-03
🏢
Company incorporated
As WET LEISURE ENGINEERING LIMITED
2019-04-03
➕
MCKECHNIE, Owen appointed
director
2019-04-03
➕
MCKECHNIE, Tracey appointed
director
2019-04-03
➕
MCKECHNIE, Keir appointed
director
2019-04-03
📄
incorporation-company
incorporation · NEWINC

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.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

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.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Tracey Mckechnie Individual · British · DOB 09/1973 · age 53	25–50%	25–50%	25-50% shares · 25-50% voting	03/04/2019
Mr Owen Mckechnie Individual · British · DOB 10/1969 · age 57	25–50%	25–50%	25-50% shares · 25-50% voting	03/04/2019

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

Similar companies

Active · Trade services · PA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CITY GATE CONSTRUCTION (SCOTLAND) LIMITED→ SC244614 · est 2003	£12.48M £9.36M–£15.60M	—	—	194	23y	88	63y
BRAID GROUP (HOLDINGS) LIMITED→ SC299361 · est 2006	£2.98M £2.24M–£3.73M	—	—	200	20y	93	59y
IMPERIAL LAUNDRY LIMITED→ SC466704 · est 2014	£86.3k £64.7k–£107.8k	£126.9k	—	100	12y	94	66y
MOBILE GRITTING SERVICES LIMITED→ SC378297 · est 2010	—	—	£701.6k	—	16y	83	61y
RIVERSIDE INVERCLYDE (PROPERTY HOLDINGS) LIMITED→ SC331360 · est 2007 · no financials extracted	—	—	—	—	18y	83	68y
SALON ALTERNATIVES LTD.→ SC367809 · est 2009	—	—	£483.9k	—	16y	83	69y
STERLING HYDROKLEAR LIMITED→ SC321932 · est 2007	—	—	—	0	19y	83	81y
WEST COAST DESIGN & PRINT LTD.→ SC302588 · est 2006	—	—	£104.8k	—	20y	83	63y
ARDORAN MARINE LIMITED→ SC290011 · est 2005	—	—	£455.9k	—	20y	82	79y
CUT AND DRY (RENFREW) LIMITED→ SC080545 · est 1982	—	—	£27.6k	—	43y	82	74y
EXCEL ENVIRONMENTAL SERVICES LTD.→ SC292026 · est 2005	—	—	£176.8k	—	20y	82	64y
GLYCOMAR LIMITED→ SC279835 · est 2005	—	—	—	1	21y	82	79y

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

Incorporated2019-04-03

Jurisdictionscotland

Primary SIC96090 — Other service activities n.e.c.

Registered office

2a New Dock Lane

Custom House Place

Greenock

Renfrewshire

PA15 1EJ

Scotland

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2026-09-18

Last: 2025-09-04

Officers (2 active · 1 resigned)

MCKECHNIE, Owen→

director · ~57y · appointed 2019-04-03

View their other companies + combined net worth →

Active

MCKECHNIE, Tracey→

director · ~53y · appointed 2019-04-03

View their other companies + combined net worth →

Active

MCKECHNIE, Keir→

director · ~24y · appointed 2019-04-03 · resigned 2019-08-23

Resigned

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